//
you're reading...
Europe, France

French left say China, German rentiers winners in Eurozone deal

Reactions to the deal reached last night by Eurozone leaders to rescue the single currency and European banks :

The Socialist candidate for next year’s Presidential elections, François Hollande said the deal «avoided the worst » but found the participation in the beefed up bail-out fund of non-european countries, notably China, « profundly troubling » and said he feared this would lead to “defacto dependence” on the Asian superpower.

Green (Europe Ecologie-Les Verts) MEP Daniel Cohn-Bendit said the deal « delivered the EU bound hand and foot to emerging countries. »

Green French Presidential candidate Eva Joly slammed a « sale of Europe to China at knock-down prices. »

Jean-Luc Mélenchon, Prsidential candidate for the Left Front said:

« In Europe, the Conservative German Government wins out  rain or shine.  Its stale and frivolous recipes only correspond to the narrow interests of a rentier Germany.

« Nicolas Sarkozy has been incapable of offering any new ideas or solutions that conform to a France or Europe that wants to move forward »

« The [European] Central Bank’s refusal to intervene directly to loan directly to Eurozone states is an error which will be very costly for the Eurozone.

« The 50% haircut only confirms that Greece’s debt will not be paid back.»

FInancial coup’ detat

«  The incomprehensible guarantees of the ESFS [bailout fund] do not resolve any of the problems posed by the financial coup d’etat orchestrated by the European Union »  

« Without strict capital controls and a complete revamp of the financial sector banks and credit rating agencies will continue to harass states.

« Intimidated, panicked governments will continue to bleed dry their peoples and reduce growth to the detriment of public finances. This absurd policy is leading the EU to disaster. 

« I hope for a new start before it is too late. This can only come from the people. » 

 

About revoltingeurope

Writer on Europe's Left, trade union and social movements @tomgilltweets or @revoltingeurope

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

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

RSS Fight discrimination in Europe – Amnesty Int’l

  • An error has occurred; the feed is probably down. Try again later.

DOMESTIC VIOLENCE

in Italy the home is a very dangerous place to be

LABOUR RIGHTS

Follow Revolting Europe on WordPress.com

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