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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

France and Germany drop the mask: behind ‘Europeanism’ lurks nationalism

Enrico Grazzini on President Macron’s moves to block an Italian takeover of a major French shipbuilder and how the subordination of Italian governments to Europe are reducing Italy to ‘Third World’ status European ideals mask the nationalist interests of the powerful. French President Emmanuel Macron decided to nationalize Stx, France’s largest naval shipyard, just in … Continue reading

Why workers need a pay rise: View from Spain

To overcome economic crisis Spain needs an economic policy aimed at raising wages, among other measures. Just the opposite of the policy applied by the Popular Party, recommended by the Bank of Spain and imposed from the EU Troika, argues Fernando Luengo* For reasons of equity. It is not fair that the costs of the economic … Continue reading

What’s the chance of a progressive government in Lisbon?

Last Sunday 4 October Passos Coelho’s right-wing coalition won the most votes in general elections in Portugal but failed to win a majority in parliament. Since then the man who’s imposed on Portugal some of the harshest austerity measures in Europe has been trying win the backing of the opposition Socialists. If the Socialists refuse … Continue reading

Has Greece’s outspoken FM Varoufakis been sidelined?

By Dimitri Deliolanes Greece’s prime minister Alexis Tsipras has moved to unblock the negotiations. It may be the last move in the direction of an “honourable compromise”. If the creditors do not seize the opportunity, then Athens will be forced by the facts to carefully consider the possibility of making dramatic choices. A position repeated … Continue reading

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