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This tag is associated with 24 posts

Why Hollande’s plan for more Europe is bad

French President Francois Hollande wants us to believe that further European integration would fix the crisis. This is a bad strategy, for there’s no social dimension to Europe, just neo-liberalism. Eric and Guillaume Etievant Coquerel of the Left Party say France must stand up to Germany to change the future direction of the Old Continent. Francois … Continue reading »

Eurocrisis: why northern Europe should be celebrating

According to legend, the bailouts of countries of Europe’s south have been costly for Germany and other northern countries such as Finland, Austria and Holland. Hence their obsession with policies of ‘rigor’ and deficit reduction. The truth is that they have earned tens of billions of euro from the south. Maurizio Ricci shows how. Someone – possibly Angela Merkel … 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 »

The Cyprus crisis and the ECB’s Darwinian turn

The Eurozone’s central bank is taking advantage of the Cyprus crisis to pursue European banking union through an open contest between the strongest and weakest countries, argues Emiliano Brancaccio We still do not know the outcome of the banking crisis in Cyprus but we can already draw some lessons from it for the future. Many … 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 »

Who are Europe’s real clowns?

Peer Steinbrück, the SPD opposition candidate for Chancellor in this autumn’s elections in Germany, caused a diplomatic row in the wake of the Italian elections by describing ‘populists’ Silvio Berlusconi and Beppe Grillo as clowns. But neither Peer Steinbrück nor Angela Merkel have understood a thing about Europe’s crisis, argues Jakob Augstein. A Swiss vote against greed and … Continue reading »

How Beppe Grillo and Italy’s Five Star Movement stole the election

Beppe Grillo’s Five Star Movement is now Italy’s largest party, only overtaken in terms of seats in parliament by Pier Luigi Bersani and Silvio Berlusconi by the alliances they have built with smaller parties – SEL and the Northern League respectively. So how did Grillo, a former comedian and Italy’s number 1 blogger, come from … Continue reading »

The Euro is a dead man walking

Italians have decided – the Euro is now a zombie. It’s time to Exit, from the left says economist Emiliano Brancaccio ‘Signor Euro repeatedly risked a heart attack. Dr. Draghi then decided to put him in an induced coma. With respect to the cure, though, he hesitated. At regular intervals, a Hamlet-like dilemma presented itself: … Continue reading »

Currency wars, the Euro and Frexit

News that the G20 will ‘avoid a currency war’ is supposed to be a piece of good news. But for millions of ordinary people in France and the weaker, Mediterranean Eurozone states who are really struggling economically there’s no relief in site from the rising exchange rate of the Euro against its major trading partners, … Continue reading »

The striking down of the 75% wealth tax – a censure for Francois Hollande’s policies of pretence

IN THE RADICAL PRESS / MEMOIRE DES LUTTES By Jacques Sapir The measure considered to be one of the most emblematic of the promises of François Hollande on tax, the famous 75% rate for people on incomes of over €1 million, was rejected Saturday, December 29 by France’s Constitutional Council. The “Wise Men”of the council, … Continue reading »

The Crisis – An Avalanche of Lies

Even in Italy we are starting to hear the voices of ‘dissident’ scholars questioning the official dogmas about the causes of the recession and ways to get out of it By Francesco Colonna Public spending? It is not the main problem. Rather it is the private debt of banks and businesses. The recipe for getting out of … Continue reading »

Europe protests against social massacre

By Giorgio Cremaschi And so between the tear gas and cherry bombs, the Greek parliament has approved a new raft of social cuts, imposed by the usurers of the European Troika in return for a bit of credit. This new installment of spending cuts imposed by all, I repeat all, governments in the European Union … Continue reading »

Protectionism, free trade and neo-populism

IN THE RADICAL PRESS / MICROMEGA Interview with Emiliano Brancaccio The mission that  Emiliano Brancaccio – the brilliant Neapolitan economist – has given himself seems difficult. None other than breaking a taboo that has been created around the doctrine of free trade. His thesis is that with the crisis of capitalist globalization, new forms of … Continue reading »

Spexit

By Vincente Navarro Given the enormous financial and economic crisis prevailing in Spain, there are three alternatives. One is to continue the austerity policies of the Popular Party government, following the instructions of the European Council (dominated by conservatives and liberals) of the European Commission (the clear conservative neoliberal orientation) and the European Central Bank … Continue reading »

Budget treaty an ‘offensive’ by ‘neo-liberals’ & EU grab for power, French economists warn

A collective of economists have weighed in against the EU Fiscal Compact Treaty, or golden budget rule, which French Socialist President Francois Hollande is laying before parliament next month in order to translate into the country’s laws. The collective ‘Economistes Atterrés’ warns that the the Treaty represents a twin ‘offensive’ by ‘neo-liberals’ against Keynesian economic … Continue reading »

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WAGES SLIDE

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International Workers Day 2012

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RSS Hate Crimes in Europe

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in Italy the home is a very dangerous place to be

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FORTRESS EUROPE

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