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Lies, damn lies and French bankers…
French bankers were second only to their German counterparts in the Eurozone as beneficiaries of public handouts to save them in the wake of the banking crisis, a crisis they caused. Now, 10 years on from receiving the mega government cheque, they are pedalling the myth the whole saga was costless; that the French people … Continue reading
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The 2017 elections were a political earthquake in France and the shock waves are now hitting the French communist party. It’s 18 months since France was rocked by the crushing victory of pro-European Emmanuel Macron and his new political movement in the Presidential and legislative elections last year. That victory delivered a body blow to … Continue reading
Christian Chavagneux challenges the assumptions behind Macron’s drive to downsize France’s public sector. On 16 October, at the end of his meeting with the public service unions, the Minister of Action and Public Accounts, Gérald Darmanin, said he had already met them 37 times since taking office. The dialogue exists, but it is mostly a … Continue reading
Italians in the Veneto and Lombardy have just voted in non-binding referenda for more autonomy. Giorgio Cremaschi argues they are a fig leaf for a hollowing out of democracy and will drive privatisation. The same political forces that are opposing each other nationally for the government of the country and who clash over the new … Continue reading
For the Greek economist, the single currency has simply allowed Berlin to dominate the European market and to become a global exporter country: “The Euro was a disaster”. And on Greece he adds: “Syriza shows us what we should not do and how we should not organize ourselves. Those who want to change things from … Continue reading
By Christophe Ventura | Memoire des Luttes With Brexit, the end of a story begins to be written. That of the European Union (EU) as a symbolic embodiment of Europe. Brexit means the unthinkable for European zealots: the reversibility of European integration is possible; even unleashed. It sends them another painful message: regional integration through … Continue reading
It’s Christmas time for Greek pensioners. But what amounts to a rather modest gift from their government seems to have led to a major international rift threatening calamitous consequences for the austerity capital of Europe. In recent days a row has broken out with between PM Alexis Tsipras and the IMF-led coalition of -international lenders … Continue reading
What would happen to Italy if you decided to recruit eight hundred thousand to one million young and qualified people into public service, asks Maria Luisa Bianco An economy cannot function well without a State that functions well. Since the recovery of the country requires a boost in the efficiency of the public administration, the failure of … Continue reading
Josep Maria Antentas* on the disappointing results for the radical left Unidos Podemos – an alliance of Podemos and the Communist-led United Left – in general elections last weekend. Undoubtedly, we expected a better night. From sorpasso to sorpresa (surprise), the elections of June 26 definitively marks the end of the first stage opened with … Continue reading
Alessandro Somma | Micromega A united Europe, which many had equated to a dream, has long turned into a nightmare. We are now united only in the material and cultural misery caused by austerity, unable to rebel because attracted by the sirens of an increasingly violent nationalism, which only divides us. In all this, for … Continue reading
In January this year the French Government of Francoise Holland quietly shelved its 75% tax on the rich. Now new figures show three thousand affluent French people each pocketed a 240,000 euros tax rebate in 2014, in further embarrassing evidence that the Socialist administration has backtracked on promises to soak the 1%. This tax relief is … Continue reading
How much influence does the Greek question have on Podemos and the hopes for change of the Spanish Left? The chemistry between Iglesias and Tsipras has been a constant in recent months, but will this close relationship now weaken the Iberian upstart party in the next two important elections this autumn? While it is down … Continue reading
By Luciano Gallino When I open the windows in the morning these days, my gaze inevitably falls on Mont Pélerin, beyond the lake. It is a hill a few kilometres from Switzerland’s Montreux, known since the twenties for good hotels and a good climate. It is also the birthplace of the Mont Pélerin Society in … Continue reading
Italy’s Five Star Movement, which has campaigned for a referendum on the Euro, is in Athens today to support the Syriza government. Interview with Italian MP Alessandro Di Battista of the Five Star movement, who is participating in the delegation led by party leader Beppe Grillo. By Giacomo Russo Spena Top Quotes: Today’s referendum: “It is … Continue reading
By Jacques Sapir The agreement reached Friday, February 20th between Greece and the Eurogroup has led to conflicting commentary. It is necessary, in order to understand this agreement, and to analyze it, to put it into context, both in the short and in the long term. This agreement was intended to prevent an immediate crisis, … Continue reading
Theodore Andreadis Synghellakis is a Greek journalist born in Rome in 1973 of parents who fled the fierce military dictatorship of the colonels. Correspondent for over twenty years for Greek TV station Alpha, the press agency Athens and Macedonian News Agency and the newspaper Efimerìda ton Syntaktòn, meaning of Newspaper of Editors, he has also … Continue reading
Enrico Grazzini To overcome the crisis the new Greece’s Minister of Finance Yanis Varoufakis is considering a new national ‘fiscal’ currency to that proposed for Italy by myself and my colleagues Luciano Gallino, Biagio Bossone, Marco Cattaneo, Guido Ortona, Stefano Sylos Labini (Helicopter Money per l’Italia: uscire dalla crisi con l’emissione di nuova moneta statale-fiscale complementare … Continue reading
Why did Syriza choose the Independent Greeks as coalition partner? And how will the other Eurozone countries react to the new Government in Athens? Jacques Sapir explains Syriza has won and secured 149 seats in the Greek parliament. Alexis Tsipras, its charismatic leader, is the big winner of the elections this Sunday, January 25th. Many people … Continue reading
By Bernard Cassen Fingers in your ears and blindfold over your eyes: faced with the crisis, this is the policy of denial practised by the European Union (EU), especially with respect to the euro area. A policy is not judged by its intentions but by its results. And the results are catastrophic: the Eurozone is on … Continue reading
With a snap general election due January 25, a Greek economist close to SYRIZA dismantles some myths surrounding the Greek economy and believes victory for the left-wing opposition is increasingly likely After the announcement that on 25 January, Greece will return to the polls (due to the failed the third and decisive vote for the … Continue reading
Paolo Gerbaudo Amid a worsening economic crisis, a look at the protest movements that are struggling against austerity could be described as a two-speed.Europe An expression abused by economists and political scientists talking about the different levels of economic productivity and political integration of European countries, it also captures well the distance between countries where … Continue reading
The reports in the French and British press of the G20 held in Australia presented a Putin supposedly isolated by the international community. This is a textbook example of the manipulation of information and misinformation, argues Jacques Sapir. It is not the “international community” that has sought to isolate Vladimir Putin, but the United States … Continue reading
Friday’s mass protests in Italy mark the end of the honeymoon period for PM Renzi Thousands took to the streets of Milan and other cities on Friday in the first of union-led protests that will culminate in a general strike next month. At issue is the government’s labour counter-reforms that will make it easier for … Continue reading
By Eddie Sanchez The wave of arrests of mayors and institutional and business leaders this week indicate the extent of corruption in our country. This is not about isolated behaviour, corruption is linked to our economic and political system and its collapse reveals the stark reality of it. We have a structural problem, related above all … Continue reading
There is no alternative but to end the fractional reserve banking system and make credit an essential public service, argues Juan Torres Lopez Private banks enjoy an extraordinary privilege: whenever a loan is granted they create money. Not coins or notes, which is what ordinary people think is money, but bank money, ie, payment through their accounts. … Continue reading
The French Prime Minister has revived the idea that the French labour market is overly protective of permanent employees. However, international comparisons show that this is not the case, argues Duval Guillaume “The functioning of the labour market is not satisfactory because it is not creating enough jobs, it generates significant inequalities between highly protected employees … Continue reading
By Jacques Sapir Nicolas Sarkozy has just announced his “return to politics” as if he had actually quit. This is not surprising or unusual. We know the man to be a “political animal.” One suspects he is devoured by ambition, unable to accommodate the distance, sometimes, however, necessary between immediate action and salutary reflection. Yet … Continue reading
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
By Domenico Moro This year marks the centenary of the First World War, which began with the signing of the declaration of war by the Emperor Franz Joseph of Austria on July 28, 1914. For the first time in history, and after a hundred years of relative peace, all major powers were involved in a … Continue reading
A Portuguese oligarch has been arrested and his historic Espírito Santo business empire is falling apart. Can the fall out be ‘contained’? Ricardo Espírito Santo Silva Salgado is known in Portugal as “Dono disto tudo,” or “Owner of everything.’ The oligarch’s family has been calling the shots in the country for over a century. It’s the largest shareholder of the … Continue reading
Vicenç Navarro* The history of disasters (and there is no other way to define the consequences of their policies) created by the International Monetary Fund (IMF) is long. This institution, which in its current configuration aims to defend the interests of finance capital (ie the banks) at the expense of the interests of the countries supposedly … Continue reading
Today Greece is seeing further nationwide protests by shop employees and campaigners against Sunday shop opening imposed by the Government under the terms of the Troika’s hated memorandum of understanding. The idea is that it will boost competitiveness and spur consumer spending in the recession-hit economy. But according to the latest statistics of the National Confederation of … Continue reading
IN THE RADICAL PRESS / MEMOIRE DES LUTTES What is the thinking and strategy behind Spain’s new radical political sensation? Podemos European election campaign chief Iñigo Errejón explains. In Spain, the surge of discontent caused by structural adjustment policies and hostage taking of popular sovereignty by the oligarchic powers gave rise to a series of … Continue reading
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
They’ve done a deal in Europe with the far-right xenophobic neo-liberal Nigel Farage of UKIP. And once again they have stolen the left vote in a ‘red’ stronghold in Italy. Who are Beppe Grillo and his upstart Five Star Movement? Matteo Pucciarelli and Giacomo Russo Spena provide some insight. Five years ago the Friends of Beppe Grillo (as they were … Continue reading
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
Vicenç Navarro The message that the Spanish establishment – the power structure for the financial, economic, political and media elite – has been promoting 24 hours a day, three hundred sixty five days a year and through thirty- six years of democracy, is that, as result of a model Transition, Spain has enjoyed a democracy … Continue reading
Antonio Antón* The three most significant results of the European elections in Spain are: the emergence of a broad indignant and transforming electorate; the failure of the socialist party system that has garnered the worst result in its history; the decline of electoral support for the Right. The three phenomena are linked. On the one … Continue reading
Millions of Europeans said ‘Non’ to the EU and the neo-liberal austerity policies of the Troika in the pan-Continental elections on May 22-25. And it wasn’t just the far right, but the radical left and new anti-austerity parties in the ‘periphery’ that delivered that unwelcome message. THE GOOD With the exception of Greece, much of the … Continue reading
Much as many were relieved to see the back of Silvio Berlusconi as Italy’s PM during the height of the Eurozone crisis in 2011, the revelations by Tim Geithner should have all democrats including those on the Left deeply worried. EU officials approached the former US Treasury Secretary in November of that year with a plan to overthrow the billionaire … Continue reading
IN THE RADICAL PRESS / MEMOIRE DES LUTTES By Christophe Ventura The worsening economic, monetary, political and democratic crisis facing the European Union (EU) and its member countries since 2008 (year of the bankruptcy of Lehman Brothers and the adoption in Europe the Lisbon Treaty) led the forces of the left that seeks social transformation and … Continue reading
IN THE RADICAL PRESS / MEMOIRE DES LUTTES The European Parliament is preparing to welcome the most powerful extreme right that the Old Continent has seen since the 1930s. Ignacio Ramonet discusses the factors behind this disturbing political development. One thing is certain: the European elections in late May will result in an overall rise of the far-right … Continue reading
Recently issued figures show that while ordinary citizens continue to be forced to tighten the belt those at the top of the income scale are doing very nicely. France In France, the company bosses had a fine 2013: Carrefour’s George Plassat got a whopping 40% rise to 3.7 million in his pay cheque. Airbus’ Thomas … Continue reading
France has been in a state of shock since it was revealed last week the company that built the high speed TGV train and steam turbines for EDF’s nuclear reactors was about to be taken over by the yankees. Things scarcely improved when a desperate Paris sought to bring in the Germans for an alternative … Continue reading
By Alfonso Gianni It may well be that this is a coincidence, but there are many who doubt it, including the leader writers of Italy’s financial daily Il Sole 24 Ore. The fact is that many economic indicators suddenly seem to indicate, exactly one month before the European elections, brighter prospects. The simplest hypothesis, and … Continue reading
Champagne has been flowing again in copious quantities in London and New York as bankers enjoy a return to the good old days of runaway millionaire bonuses on the back of one-way bets. But that flow of lovely bubbly has been under threat by a strike by employees of Veuve Clicquot, Moët & Chandon, Krug, Ruinart … Continue reading
By Vicente Clavero Probably PM Mariano Rajoy doesn’t give a damn, but he’s just got a right earful from the International Labour Organization (ILO). The UN agency, which represents governments, unions and employers, has issued a scathing report on collective bargaining in Spain. According to ILO, reforms since February 2012 and cuts in working conditions … Continue reading
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
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
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
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
Also
- 'A disturbing business bias' in the translatantic free trade deal has been revealed by Corporate Europe Observatory. An access to documents request to the secretive Commission showed that 93% of the meetings between Brussels bureaucrats and 'stakeholders' during the preparations of the negotiations were with big business - a 'parallel world of a very large number of intimate meetings with big business lobbyists behind closed doors'. Read European Commission preparing for EU-US trade talks: 119 meetings with industry lobbyists
- Spreading the debt burden and borrowing costs away from the eurozone’s worst-hit economies towards the stronger ones - sounds like a good and fair idea. Think again. Corporate Europe Observatory on why debt mutualisation is not progressive solution for the European debt crisis
- It is not just Hungary that the EU needs to tackle on democracy breaches. My piece on Left Foot Forward blog
- As the Troika prepares to ok the next tranche of its 'bailout' to Greece, here's a reminder about who's actually being bailed out. Check out this recent research by Attac
- Merkel and Hollande have given key positioning to the European Roundtable of Industrialists and their corporate wish-list. They are set to influence a future Competitiveness Pact – a next step towards authoritarian neoliberalism. Corporate Europe Observatory
- 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
- It wasn't too difficult picking out the Fat Bastard in the crowd of Russian models, craven moochers and media mavens. Besides, he and I were both desperate for coffee and heading for the same empty urn. By Greg Palast Read on in the Morning Star
- Reform, reform! Yes, now it's France, back in recession for the third time in four years, which is being lectured on the need to submit to the rigours of neo-liberal change. Read in the Morning Star newspaper
- Over 900,000 Madrileños have rejected plans to privatise state hospitals. In a popular consultation 99% of those who voted ((or 929,903) said No to proposals by the regional Popular Party government to hand over six hospitals and 27 health centres to privateers. The organizers of the petition, which closed Friday, are members of the 'White Tide' of health workers who have launched a number of strikes in recent months against the plans, as well the 15-M, or indignados movement, and other civil society groups. They will present it to the regional assembly of Madrid, the Spanish Parliament, where the Popular Party has a majority, and the European Parliament. Nueva Tribuna
- Corporations operating in the UK, France, Ireland and Sweden have been accused of 'blacklisting' so it is time for the EU to legislate to outlaw the practice - says MEP Public Service Europe
- What's behind the headlines about poor Germans subidizing rich southern Europeans? A con-trick seeking to mask large wealth inequalities within Germany. And to shield the rich and corporations in Europe's super power from parting from some of their euro-zillions. Social Europe Journal
- The Photographic Archive of Barcelona has opened the exhibition 'Postwar Barcelona, 1939-1945', that shows photographs of one of the darkest periods of the Catalan capital. The exhibition shows a series of photographs from the official Francoist view of daily life of postwar Barcelona, including official visits from Nazi Germany and fascist Italy.The show runs until September 28. El Publico
- Poverty, unemployment, wages, the economy, public services, tax dodging, wealth and gender inequality - check out the latest facts and figures in the Europe of the bankers and austerity. http://wp.me/P1bMfw-oA
- Deficit reduction programmes imposed on many EU countries by Brussels and Berlin with an iron hand is leading to a severe deterioration of poverty and social exclusion. Is the EU's official statistics agency trying to hide these uncomfortable facts? The European Sting
- 'In Greece, the ruling class and the government are destroying democracy,” says debt campaigner Eric Toussaint, who urges SYRIZA to stick to its radical agenda. Translation of an Interview in the Greek press. CADTM website
- Interview with the late resistance fighter, deportee, diplomat and co-author of the Declaration of Human Rights Stéphane Hessel, published in l’Humanité on 31 December 2010 on the publication of his famous work, Indignez-vous! Here
- A coalition of communists, greens and radical magistrates have combined to propose a Civil Revolution to the Italian people in parliamentary elections on Feb 24-25. Here's the manifesto
- 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
- A recent opinion poll revealed that most Germans think top managers in the country’s big companies are paid too much. Three out of four Germans say pay packets were too large... Read on at Left Foot Forward
- Five reasons why the billionaire media magnate is back in the running for national elections in Italy later this month. Read the article in Counterpunch
- Iceland has suffered much like other nations during the global financial crisis, but the Icelanders’ struggle to overcome the disaster has taken on historic dimensions that are relevant to all countries, says Andrew Sullivan. Read on at Counterpunch
- How French bosses want sacrifices from pensioners, but more for themselves. My piece in Liberal Conspiracy Blog http://liberalconspiracy.org/2013/01/19/how-french-bosses-want-sacrifices-from-pensioners-but-more-for-themselves/
- In France and in Europe, Poverty and Inequality Grow As Unemployment Rises. More in Humanite
- Debt, a Trojan horse for an unprecedented social war against the peoples of Europe, is not neutral from the point of view of gender. The austerity measures imposed in its name are gender-determined, both in their characteristics and their effects, explains Christine Vanden Daelen. Read the article on the Committee for the Abolition of Third World Debt website
- Europe was meant to offer the prospect of completing the modernisation of Italy, consolidating an advanced economy, expanding welfare and democracy. Instead, there's been economic decline and a degradation of democracy while Europe is becoming increasingly unpopular, argues Mario Pianta Read
- Check out this review of a book that counters unrelenting efforts to exonerate the French bourgeoisie of its central political and moral responsibility for collaborating with the Nazis following the country’s defeat in 1940. Humanite
- Protests against biting spending cuts continue throughout Europe, as people vent their anger over bailout sponsored austerity. Mass demonstrations in Madrid turned to violence earlier this week, as police were forced to fire rubber bullets to calm the fury of the public. There've been dozens of injuries and arrests.
- This is a weekly round-up of news, comment and analysis from the Revolting Europe blog, plus our selection of the best stories, photos and videos on the web.Read
- How French Socialist President Hollande is wading into choppy waters over Europe. Left Foot Forward
- Who is funding a campaign by climate sceptics to sabotage EU targets for CO2 cuts? Well that's a difficult question to answer... Find out more at Corporate Europe Observatory
- Fast-Tracking Evictions in Spain: The Spanish government's bill on the rental market has come under attack by consumer groups. Check out why at Counterpunch
- The rich don’t pay taxes. Everybody knows that. Especially in Italy, where governments have stayed firmly on the side of the 1%. In the Republic of Yachts (Counterpunch)
- €20.3 billion within the EU's upcoming research programme are about to be captured by industry: the “Industrial Leadership” component of Horizon 2020 explicitly states that this money will support activities whose agenda is industry-driven. Is transforming research funding into subsidies to big business the best possible use of scarce public funds? More at Corporate Europe Observatory
- Despite the promises of the European Commission to tackle unemployment and the social consequences of the crisis, poverty has increased by 2 million since 2010 as the focus on austerity undermines benefits and public services, according to a new study by the European Anti-Poverty Network. More
- Industry experts and corporate lobbyists have effectively captured key areas of policy advice within the European Commission, according to new research More at Corporate Europe Observatory
- The EU Summit means neo-liberal policies will deepen and the sovereignty of citizens over their national budgets has been 'reduced to nothing', says left radical Jean-Luc Melenchon. And yet French President Hollande is pretending this is a new beginning for Europe. More
- To get out of its economic crisis Europe needs to learn from China. By John Ross. Socialist Economic Bulletin
- The affair began last December. It started with a violation of the rules. A prisoner, held while awaiting trial in the Versailles jail since 2010, took advantage of her status as a call center employee to make some personal calls. When the MKT Sociétal company learned of this, it decided to declass her – in prison, you don’t hire and fire, you “class” and “declass.” More in Humanite in English
- The establishment of the European Monetary Union in the ’90s and the introduction of the euro a decade ago massively strengthened 'finance capitalism', or financialisation' in Europe. Antonio Tricarico argues for a radical response that reverses this process, reintroduces national and regional capital controls and gives priority to public interest policies in favour of labour and the environment Corporate Europe Observatory
- The proposal for a financial transaction tax (FTT) is the first sign that speculation won’t go unpunished European Left MEPs told the European Parliament Wednesday ahead of debate on Common system for taxing financial transactions ended with a majority (of 487) voting to back the FTT. More
- Victor Grossman on the whipping of Angela Merkel's right wing Christian Democratic Union in the recent elections in North Rhine-Westphalia, from People's World
- The French and Greek elections have already shifted Europe's politics. But it needs real change to hold the right at bay, argues Seumas Milne in the Guardian.
- ETUC remembers International Workers’ Memorial Day and calls for 'systematic and substantive improvements in health and safety' in EU where 170,000 lives claimed by work-related accidents and diseases a year. Read
- Not breaking but...ECB chief's vision of Europe amounts to strategic negligence, says European Left Read the statement
- 75 years since the Nazi bombing of Guernica during Spanish Civil War remembered in a video / photo memorial here
- On austerity and a brewing health 'catastrophy' in Toulouse. Read this article in Humanite
- EU is 'victimising' the Hungarian people and making an 'example' of them, says European Left. More
- There's no crisis for big business in France, says l'Humanite, as the top 40 companies on the Paris stock exchange post €73 Billion profits More
- The workers at Eleftherotypia have taken over one of the biggest and most prestigious Greek daily newspapers. In the words of one of the journalists More
- Commission work-until-you-drop pensions White Paper 'doesn't meet need of pensioners', says ETUC, which argues for stronger public pensions More
Humanite
- Indian Lok Sabha elections 2019
- THE RUNOFF FOR THE RICH. THE RICE GRAIN POLICY
El Publico
- Puigdemont i Torra reivindiquen per JxCat l'esperit de l'1 d'octubre
- Una 'Fiesta de la leche' para celebrar que las donantes alimentaron a más de 600 bebés
Controlacrisi
- Elezioni europee, La Sinistra protesta per l'oscuramento mediatico e chiede all'Agcom un riequilibrio delle presenze in televisione
- Lavoratori come pacchi, la pazzesca vicenda di Olisistem Start a Roma
Micromega
- Il fantasma del fascismo
- Fieg: “Così le querele imbavagliano il giornalismo. Subito la nuova legge”
Esquerda.net
- Personalidades francesas pedem a libertação de Louisa Hanoune
- Vice-chanceler da Áustria pede demissão por escândalo de corrupção
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