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austerity

This tag is associated with 359 posts

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

The Troika is dead! Long live the Troika

Portuguese radicals have accused the EU Commission chief Jean-Claude Juncker of “hypocrisy” and seeking to “continue to the policies of the Troika without the Troika.” The leader of the European Commission said Wednesday that the “troika is undemocratic, it lacks legitimacy” and and it was time to learn  “the lessons of history and not repeat the same … Continue reading

Consensus grows around Syriza in Greece: Interview with Greek journalist Synghellakis

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

The coherence of Tsipras and lessons for Italy

By Giorgio Cremaschi If the new Greek government begins now to live up to his election programme by establishing the minimum wage to 750 euro per month Germany’s Merkel-SPD government will close the door to any negotiations on the debt. In fact, with the “reforms” that have made the German model to the whole continent, … Continue reading

The Greek sun

By François Delapierre* Amid this icy return to work, those who aspire to a thaw in the European climate, something [French Socialist President] Hollande has not achieved, have their eyes turned towards Greece, and their thoughts on Spain. The Greek people vote first on 25 January and the Spanish have their general elections in September 2015, and before … 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

“Co-operation” with Greece – German style

About 6,000 doctors from Greece have emigrated to Germany until the end of 2012 at a time of rising shortages of medical and other health staff. What’s more, the Greek government invested 540 million euros in their training. This is only one of the effects of German-Greek “cooperation”  Doctors and scientists at zero training costs … 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

Why Belgians have been marching

Unions led a massive demonstration Thursday in Brussels against cuts to public services, pensions and wages. As many as 100,000 marched against the new coalition government and its plans to raise the retirement age, to 67 years by 2020, and the decision not increase wages under the indexation system that links pay to the cost … 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

Still on air: how 20 Greek TV workers are keeping the flag flying for independent public broadcasting

French journalists Erwan Manac’h and Marie Chambrial find a group of colleagues in Greece weary but in determined spirits and experimenting with a new type of broadcasting, as they continue on air 24/7 despite the forced closure of the ERT state TV a year ago. They were thought to be history when the government axed the signal in … Continue reading

The fall of Ricardo Salgado, a Portuguese oligarch

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

Rajoy lied, the Spanish people will pay for the bank bailout

By Manel García Biel By now we can clearly define Mariano Rajoy as a politician who has based his policies on lies. The clearest example is the bank bailout. Right from the outset. Spain’s PM and his ministers ruled out the word rescue. For them it was a loan, “under very good terms.” Rajoy said that it was … Continue reading

EU, the Grand Coalition and austerity. Where does Italy’s Renzi stand?

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

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