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austerity

This tag is associated with 330 posts

EU, the Grand Coalition and austerity. Where does Italy’s Renzi stand?

The choice of Juncker as the next president of the European Commission is in total continuity with the harmful policies of rigor imposed in recent years by the Troika. The Italian prime minister on the one hand seems to beat his fists against the diktats of Berlin, on the other hand make us believe – … Continue reading

Spain’s socialists pick new leader on road to nowhere

Spain’s opposition Socialists will elect a new leader on Sunday, in a an effort to reverse the party’s dramatic electoral decline and head off the challenge from new and existing parties to its left. After seven years in government, the Socialists were ousted by the right wing Popular Party in a landslide general election in … Continue reading

94 reasons why French trade unions have boycotted Hollande’s job summit

Francois Hollande’s jobs summit is becoming a farse. Unemployment in France has risen to a new high of 3.4 million. The socialist President is desperate to be seen to be doing something about it. But Monday yet another union walked out of the two day ‘social summit’, an unprecedented desertion by organised labour for any administration in Paris, … Continue reading

Italian union launches referendum campaign against EU permanent austerity pact

Italy’s largest union has launched a referendum campaign against the EU fiscal compact, a draconian budgetary cap which is set to make austerity permanent across the Continent. The CGIL is calling for a repeal of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union that  was signed on 2 March 2012 by … Continue reading

You need treatment? Cough up

IN THE RADICAL PRESS / IL MANIFESTO In austerity Italy, the health system is increasingly privatised with four out of ten people now paying out of their own pockets to see a specialist.  Today, 3 billion euros worth of health services are provided to those who can afford it, reports Il Manifesto newspaper “I am … Continue reading

Social services axe 57,000 jobs as Spain moves towards workhouse welfare model

Spain’s social services have axed 56,700 jobs over the past three years as part of a drastic austerity-driven downgrading of the country’s welfare state. In what will be seen as further evidence that workers and society’s weakest are being made to pay the price of crisis originating in the banking sector and the EU’s draconian budgetary rules, … Continue reading

French left goes Greek

France’s left is in a sorry state. It took a bashing in local elections in March and then European elections in May. The ruling socialists plunged to an all time low of less than 14%. The radical Front de Gauche, comprising the communists and other leftists like Jean Luc Melenchon, polled just 6.3%, down from … Continue reading

Radical left could become 3rd force in EU parliament, polls show

The radical left could become the third force in the European parliament, after the conservatives and social democrats, according to recent polls. Syriza in Greece leads with 26.2 % support, followed by Portugal, Spain and France. With a month to go to the European Parliament elections, polls suggest the Parliamentary Group of the European United Left (GUE – … Continue reading

Peace Not War on Italy’s Liberation Day

Thousands amassed on Friday in the northern Italian town of Verona for a peace rally against tens of euro-billions in arms spending by Italy’s cash-strapped government. The Italian peace movement will come together to call on the centre-left-right coalition administration to end its 14 billion euros funding of 90 F35 fighter-bombers. The call from peace campaigners came  as new PM Matteo Renzi … Continue reading

3 reasons why the Socialists are right to revolt against PM Valls’ austerity plan

France’s ruling socialist party is in revolt. A very vocal minority don’t like the austerity plan of new PM Manuel Valls. And they are threatening to vote it down. Here’s 3 reasons why they are right France’s new prime minister – now three weeks into his job – last week unveiled a swinging austerity plan. … Continue reading

What’s the punishment for a 300 million euro tax fraud?

What’s the punishment for a 300 million euro tax fraud? If you are in Italy and your name is Silvio Berlusconi it is about a week hanging out with people your age. A court in Milan ruled earlier this week that as his sentence the 77-year-old billionaire media mogul and thrice Italian PM would be performing … Continue reading

French socialist revolt continues

The revolt in France’s socialist party continued this week as details of a fresh austerity plan were unveiled by new Prime Minister Manuel Valls. Valls has announced a 50 billion euro austerity plan to be funded largely by cuts to pensions, a freeze in public servants’ salaries and cuts to public services. The announcement was “received as a … Continue reading

How the EU’s budget straight jacket was born

In May 1981 in less than an hour Guy Abeille, then senior official of France’s Budget Directorate, invented the EU’s infamous deficit-to-GDP figure of 3 %. And the European austerity fest was born. Guy Abeille is known as “Monsieur 3%” . He’s the inventor of a concept signed up to and repeated ad nauseam by … Continue reading

Thousands protest in Paris against austerity

Led by several parties of the radical left, the protesters sent a message to President Francois Hollande that they had ‘enough’ of austerity and that it was time for a change in policy. Thousands of people protested in Paris on Saturday calling for a change in the austerity policies of President Francois Hollande. The Left … Continue reading

How austerity has widened Italy’s North-South divide

Austerity policies have accentuated a North-South divide grounded in a distribution of public spending and the tax burden that is skewed against the Mezzzogiorno, argues economist Guglielmo Forges Davanzati “It is well known what kind of ideology has been disseminated in myriad ways among the masses in the North, by the propagandists of the bourgeoisie: the South … Continue reading

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DATA

Anti-social Europe in numbers

WAGES SLIDE

Key facts and figures on wages across the EU

Wealth Inequality in Europe

Get the key facts and figures

RADICAL VOICES

A different take on European issues

Italy’s Healthcare Crisis

Health services are ‘close to collapse’ in Rome, Turin and Naples after years of cuts and privatisation.

550 days, 29 Workers, Zero Job Losses

How a few determined Italian women stopped their factory closing and protected their livelihoods

Filthy Rich

France's Bernard Arnault of the Louis Vuitton Moet Hennessy (LVMH) empire is worth $41 billion. Check out Europe's rich list

SANTA DRAGHI’S COMING

Private banks receive half-trillion-euro gift from ECB

POPULAR FIGHTBACK

Workers and citizens stand up for themselves

FLORENCE’S BUS LUMACA

Workers are on a go-slow over privatisation

Popular resistance delivers results

Lessons from the victory against Madrid privatisation plan

FRENCH FACTORY OCCUPATION

Hundreds of workers occupied the factory of ArcelorMittal in Florange in the north of France

International Workers Day

International Workers Day 2012

DOMESTIC VIOLENCE

in Italy the home is a very dangerous place to be

LABOUR RIGHTS

Workers down tools over PM Monti's attack on labour rights

FORTRESS EUROPE

Concentration camps and a massive migrant marine cemetery

Subjects

EUROPE NEEDS A CITIZENS’ REVOLUTION

Read the statement by Lafontaine and Melenchon

The Troika in Portugal – Three Years On

A success story?

THE EURO

The Dossier

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GREECE

ITALY

PORTUGAL

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