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This tag is associated with 62 posts

How EU-inspired Big Banking has deepened Italy’s North-South divide

Salvatore Perri* When it comes to savings among Italian households there is no “cultural” difference between the country’s north and south, figures for the pre-crisis period (1989-2007) [1] show us. Even more suprising is the fact that the southern region of Campania, whose capital is Naples, has seen the highest rate of growth in the … Continue reading

The European Commission, the autopilot for neo-liberal policies 

By Bernard Cassen The first concern of any institution is to perpetuate its existence and expand its areas of intervention. In the latter case, such an ambition usually encounters forces and structures that do not intend to be deprived of all or part of their territory and their prerogatives. When these forces and structures do … Continue reading

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

French PM Valls ploughs on with stability plan but at what price?

By Guillaume Duval Despite the political thunder of the European elections of 25 May, France’s President and Prime Minister chose the moment to stay the course of their “stability program” presented a month earlier to the National Assembly and approved by it after a fraught debate. This document, submitted to the European authorities, describes the … Continue reading

Why Turkey is no longer interested in Europe

IN THE RADICAL PRESS / IL MANIFESTO EU Membership is no longer on the policy agenda and isn’t an issue for the youth of Gezi, says Nedim Gürsel The EU and Turkey is a story of a relationship that has lasted since ’64. With the prospect of membership fading, what view does Turkey have of … Continue reading

French councils and regions campaign against translantic free trade zone

A movement against the US-EU free trade zone is gaining momentum in France with fifteen local governments, including the Parisian and four other regions raising the alarm about the proposed transatlantic market that is being negotiated in secret. France has traditionally been one of the strongest opponents of free trade in the EU and now more and more … Continue reading

Banking Union – The Big Fix?

Last week, MEPs finally signed off on European banking union. This, we are told, is the big fix to the out of control banking system that caused the 2008 economic meltdown that has rocked Europe ever since. The narrative is, as Reuters  puts it, ‘unlike in the United States, where regulators and the central bank acted promptly … 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

The great private pensions fraud

Fresh from implementing reforms of its pension system Mariano Rajoy’s Spain is now preaching the merits of its pro-market policies to the rest of Europe, backed by the Troika. But state pension cuts and the virtues of private insurance-based schemes are built on myths that serve financial capital, argues Vicenç Navarro There’s been a constant onslaught by banks and … 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

Portugal and the Troika three years on 

By Catarina Oliveira Three years ago the Portuguese Government called in the Troika. “Save wages and pensions,” was the pretext but that did not happen. Today the dramatic social consequences of the entry of the Troika in Portugal are easy to analyse. A look at the figures shows the spiral of impoverishment in which the country is … Continue reading

The ECB and Europe’s deflationary spiral

IN THE RADICAL PRESS / IL MANIFESTO by Thomas Fazi* The latest figures from the European Central Bank are clear, and rubbish the rhetoric of “recovery” : the Eurozone is now on the brink of deflation. As one can easily deduce, if inflation indicates an increase in the prices of goods and services, deflation indicates … Continue reading

From expansionary austerity to expansionary precariousness: the latest doctrine is another European illusion

Interview with economist Emiliano Brancaccio / Micromega The deregulatory labour reforms of Italy’s new PM Matteo Renzi will fail because it is proven that “more casualisation does not mean more jobs”, argues economist Emiliano Brancaccio. Indeed, ‘the wager on the race to the bottom could bring the wage deflation to the whole of the EU, and deflation … Continue reading

Ukraine, laboratory of future political and social crises in Europe

IN THE RADICAL PRESS / MEMOIRE DES LUTTES By Frederic Lebaron  Illustrating the difficulty, if not impossibility of making predictions in the social sciences, the current events in Ukraine give the impression that history moves a little too fast for observers. The most surprising turnarounds can quickly render obsolete peremptory analyses, and reliable information one … Continue reading

Why the May elections to the EU parliament will be a little more European

IN THE RADICAL PRESS / MEMOIRE DES LUTTES  By Bernard Cassen Since 1979, members of the European Parliament have been elected by direct universal suffrage. However, so far , the campaigns preceding the elections had focused little on European issues, if not vaguely or  with mantras such as ” social Europe tomorrow .” In reality, … 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

DOMESTIC VIOLENCE

in Italy the home is a very dangerous place to be

LABOUR RIGHTS

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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