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monetary union

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Behind the Macron reforms: the Euro!

By Jacques Sapir While the first round of parliamentary elections is now fast approaching, while the polls promise a large majority to the President and his party La République en Marche, various leaks concerning the labour reforms that will be decided this summer are beginning to raise a legitimate emotions [1]. Indeed, in addition to … Continue reading

The significance of Tsipras’ visit to Moscow

By Jacques Sapir Alexis Tsipras, the new Prime Minister of Greece will be in Moscow April 8. The following day, Greece must make a payment to the International Monetary Fund. The statements by Greece’s Minister of Finance does are unambiguous: Greece will honour its debts. [1] But on April 14, the Greek government must simultaneously … Continue reading

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