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This tag is associated with 41 posts

Italy’s centre left bounces back, but will it last?

Italy’s Grand Coalition is paying dividends for the centre-left Democratic Party. But will it last? Analysis of last weekend’s local elections by Tom Gill in the Morning Star 

The Troika’s Men in Black and the Crime of Organised Money

Continuing to force states to finance themselves at high-interest rates is just a strategy to justify wage control, the privatisation of public services and, ultimately, to enslave peoples, says Juan Torres Lopez Spain has once again received a visit from the so-called Men in Black, the Troika inspectors, coming to elucidate if all is going as … Continue reading »

Spain’s bad banking joke

Despite an infusion of tens of billions of euros funded by citizens now left with huge debts and a downsized welfare state, Spain’s nationalised banks are providing fewer loans to the credit-starved economy than private lenders. It’s all a very bad joke, says Vicente Clavero If something clearly reflects the huge bad joke being played … Continue reading »

Eurozone: A step closer to the precipice

Why Merkel has no choice to pursue austerity in Europe, despite its catastrophic social and economic consequences. And to save Europe, the Eurozone must be ditched. By Jacques Sapir  Thanks to the combined effect of austerity policies, the Eurozone is sinking into crisis. Yet never have debates on economic policy been so intense. Political leaders, both Germany … Continue reading »

Portugal: state agency criticizes “blind cuts”

The Council of Public Finances (CPF), a state body that assesses budgetary policies today deplored the “blind cuts” to public spending accusing the government of slashing state budgets “without any great discernment.” The scathing criticism comes as auditors for the European Commission, the European Central Bank and IMF, known as the troika arrives in Lisbon … Continue reading »

Portugal’s unions hail court rejection of pension, wage cuts

Portuguese unions welcomed the decision by the country’s Constitutional Court to strike down four out of nine austerity measures in this year’s budget. The court on Friday rejected cuts in pensioners’ and public servants’ holiday bonuses, as well as reductions to sickness leave and unemployment benefits, which formed part of a swinging austerity plan designed … Continue reading »

Cyprus: European oligarchs must pay

Governments can and should impose a tax on the wealth of the super-rich to help resolve Europe’s banking crisis, says Attac Cyprus is experiencing a banking crisis of Irish or Icelandic proportions: a bankrupt banking system, which the European Union is demanding taxpayers bail out. Ireland and Iceland took radically different decisions, one favourable to … Continue reading »

Greek public sector to protest Troika mass dismissal plan

Unions will be leading a protest in central Athens Wednesday against  demands by international creditors to dismiss 25,000 public sector workers. The massive firings are being demanded by the IMF-EU-ECB ‘Troika’ in return for the final 2.8 billion euros tranche of an international loan to Greece due in the first quarter of this year. ”The … Continue reading »

Decision time for Italian voters

Italians are voting again after 14 months under “technocrat” Mario Monti. The outcome of the election in terms of delivering a stable government is uncertain. Pier Luigi Bersani’s centre-left Democrats have been leading in the polls, but billionaire media magnate Silvio Berlusconi’s right-wing alliance is expected to put in a strong showing as is newcomer … Continue reading »

How Iceland liberated itself from finance

It is possible to cut finance down to size and emerge from the crisis. To make the banks pay without falling foul of European rules. And even to convince the IMF of its strategy. Giacomo Gabbuti looks at the lessons from Iceland While they were turning off the lights at that circus that is Davos, Iceland … Continue reading »

Service companies and Commission ‘work hand in glove’ on deregulation

New evidence on the extent to which far EU trade policy is run by a small group of unelected bureaucrats and corporate lobbyists. Corporate Europe Observatory

Austerity is bad for Europe’s health, say doctors

In an open letter ‘to the political leaders and health authorities in Europe,’ representatives of medics and other leading health professionals in the four of the most badly hit EU countries have demanded an urgent review of austerity policies to ‘prevent further deterioration of health and health services.’ The letter, unveiled Tuesday in Lisbon by … Continue reading »

EU leaders must come clean and finally admit – austerity creed is bankrupt

Statement by Gabi Zimmer, president of the GUE/NGL group in the European Parliament: “Although the schedule for the banking union has now been decided – the rulers have once again cheated and avoided clear commitments, rectifications and urgent decisions. In the conflict between different interest groups and in the battle to claim back lost ground, … Continue reading »

France: 120 Economists Say No to the European budget treaty!

Next week, France’s National Assembly, the lower house of parliament, will vote to ratify the European treaty on Stability, Coordination and Governance , otherwise known by critics as the Permanent Austerity Treaty. Below in a statement published in Le Monde this week, 120 economists say why they reject it. Since 2008, the European Union (EU) has … Continue reading »

EU banking union another huge neoliberal step

Expressing concerns over the democratic legitimacy and democratic control over today’s Commission proposals for a European banking union (EBU), Portuguese GUE/NGL MEP Marisa Matias today called for clarity on parliament’s role, as the only democratically elected institution, in the proposed new structures. “Monetary policy and banking supervision are now EU responsibilities but if banks fail … Continue reading »

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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.

NO TO WATER PRIVATISATION

99% of the 167 000 Madrilenos who signed a petition rejected the sell off local water company

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

WORKERS FIGHTING BACK

Arménio Carlos of CGTP led a general strike in Portugal on March 22

FLORENCE’S BUS LUMACA

Workers are on a go-slow over privatisation

Massive Spanish protest

Half a million take to the streets over labour market deregulation

FRENCH FACTORY OCCUPATION

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

International Workers Day 2012

International Workers Day 2012

DATA

Anti-social Europe in numbers

RSS Hate Crimes in Europe

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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

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EUROPE NEEDS A CITIZENS’ REVOLUTION

Read the statement by Lafontaine and Melenchon

PM Rajoy One Year On

Spaniards are not impressed

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