//
archives

bail-out

This tag is associated with 4 posts

‘Lying’ Rajoy must explain why Spaniards ‘paying ransom’ of bank bail out, say radical left.

United Left has called on Spanish prime minister Mariano Rajoy to ‘stop lying’ and demanded an explanation as to why the citizens are to ‘pay the ransom for a giant property scam’. The party’s federal coordinator Cayo Lara stated Sunday that the Spanish people would end up paying a debt that ‘wasn’t theirs’ and be … Continue reading

Should Spanish banks get another huge bailout?

Another huge bailout of Spanish banks is looming. Pundits and Brussels officials are reported to believe that, following a deep write-down of dodgy housing loans, a tonne of cash from the eurozone’s rescue fund – the €500bn European Stability Mechanism – is required to shore up the country’s financial sector. Why? A fresh panic is … Continue reading

The banks, credit and the way out of the crisis

FROM THE RADICAL PRESS – LIBERAZIONE (ITALY) Nicola Melloni Last Wednesday, faced with the threat of a recession that is already a reality in Italy and that, thanks to the fiscal pact demanded by Germany, risks bringing the whole of Europe down, the European Central Bank intervened with an injection of liquidity in the markets … Continue reading

It’s Christmas for the Banks, Rigor for the People – Attac

On 21 December, the European Central Bank made its biggest loan in its history to the banks. In total, the ECB lent 523 banks Euros 500 billion, for 3 years at 1% interest rate. This is an exceptional degree of support from the ECB, which officially justified the move because of the need for banks … Continue reading

Twitter Updates

Enter your email address to follow this blog and receive notifications of new posts by email.

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

FRANCE

GERMANY

GREECE

ITALY

PORTUGAL

SPAIN