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Italy

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I am ashamed to be European

By Giorgio Cremaschi Double standards have always been a hallmark of the European ruling classes. At least since the governments and liberal revolutions of the late 1700s proclaimed human rights, except for slaves overseas and most of the workers. Europe’s double standards collapsed exactly one hundred years ago with the first world war. After twenty … Continue reading

A new ‘fiscal’ currency to tackle the Eurocrisis, from Greece to Italy

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

Greece’s new government, Tsipras and the issue of sovereignty

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

Without a national currency there is no democracy

Enrico Grazzini explains how Italy can save itself from Euro death Europe, and especially in Italy, is still struggling to understand the crucial value of money in the economy, politics and democracy. Unfortunately, the error is shared by much of the left. Everyone understands (at least apparently) that there is no political democracy without a democratic … Continue reading

Renzi and Salvini, two faces of the same regime

Giorgio Cremaschi on recent regional elections in Italy that saw wins for PM Renzi but also a sharp decline in voter turn-out and a revival in the xenophobic Northern League. To me it is not surprising that prime minister Matteo Renzi exhales the success of the his Democratic Party ( PD) in the regional elections, … Continue reading

‘We are the vote for hope’ : Interview with Podemos’ Pablo Iglesias

He’s MEP of the European Left in the Gue-NGL grouping, “that defends the dignity of the people and democracy ». He’s also leader of Spain’s Podemos movement, which to general surprise won 8% in the Continent-wide elections in May and is accredited in opinion polls today as the leading political force in the country with … Continue reading

Is Renzi’s frenetic austerity-reform agenda fuelling the far-right?

As it has been argued in the mainstream media, the regional election vote in Italy is a warning signal to PM Matteo Renzi. His ‘centre-left’ Democratic Party (PD) emerged victorious in the poor southern region of Calabria and the historically ‘red’ central region of Emilia Romagna. But there was a collapse in turnout on Sunday, which, … Continue reading

Renzi’s austerity cuts are bad for Italy’s health 

Public expenditure on health in Italy is lower than that of other major European countries. Yet in recent years 10 billion euros has been axed from health budgets, hitting services and access to them for the poorest. And PM Matteo Renzi is continuing the cuts, says Stefania Gabriele * That we should reduce government spending … Continue reading

Why has the EU’s political revolt been confined to Greece and Spain? 

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 honeymoon is over for Italy’s PM Renzi

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

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

Austerity suicides rise in depression Italy

Italy’s dire economic crisis has led to a 60% rise in suicides, underlying the heavy price people are paying for austerity policies designed to benefit the 1%. In 2012, there are 402 suicides linked to economic problems. This includes 184 business people and 168 unemployed, 35 employees and 8 pensioners. This year alone, in the first … Continue reading

After Saturday’s massive show of force, where now for Italy’s CGIL union?

As many as a million took to the streets of Rome on Saturday in a protest at the Renzi’s government’s labour counter-reforms, dubbed the Jobs Act. Giorgio Cremaschi analyses the strategy of the country’s largest union confederation that led the mega rally and suggests what is needed to defeat this latest neo-liberal attack on the Italian people The CGIL … Continue reading

Does Italy really need another labour reform?

No sector in Italy has been more ‘reformed’ than the labour market. Yet there’s talk of the need for reforms every day, as if labour rules had remained unchanged for a century.  Carlo Clericetti on why PM Matteo Renzi should desist from his Jobs Act  It is repeated in almost every newscast: “structural reforms”, especially of the … Continue reading

Alitalia, Indesit, Telecom Italia and the banks: the great Italian sell-off

The sale of Indesit to Whirlpool is just the latest case: what is happening amid the general silence is the end of industrial Italy. The imminent danger is to yield to foreign capital not only industries but also the big banks, and to completely sell off Italian savings. Due to the sharp decline of industry and … Continue reading

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