Revolting Europe
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Yanis Varoufakis on the coming Greek elections and myths surrounding the country’s economic ‘recovery’
With a snap general election due January 25, a Greek economist close to SYRIZA dismantles some myths surrounding the Greek economy and believes victory for the left-wing opposition is increasingly likely After the announcement that on 25 January, Greece will return to the polls (due to the failed the third and decisive vote for the … Continue reading
The Great Bank Robbery
The bankers have taken the money and run. The new Greek debt restructuring deal is the biggest bank robbery ever – a huge theft of ordinary citizens’ money and a giant mortgage on our future. And yet Greece still burns. Here are the top lines of a really simple Bloomberg analysis of it: ‘When all IMF … Continue reading
European Left statement: Peoples of Europe Unite!
Peoples of European Unite! The Eurozone and the EU are today facing the most critical situation since their foundation. And that is because it is not only the existence of the Eurozone which is being put under severe question but also the very institutional structure of the EU. The process of European unification is being … Continue reading
Students to protest against Italy’s new ‘technocratic’ government
Students will lead nationwide protests in Italy today. In Milan protestors against the new ‘technocratic’ Government will head for the Bocconi University, which is headed by the new prime minister Mario Monti. In Rome, there will a march through Piazza Cavour to Piazza Santi Apostoli. The Bank of Italy will be the destination of protests … Continue reading
Greek Communists: The hope for the people is in the class struggle
KKE Statement The General Secretary of the Central Committee of the KKE, Aleka Papariga, spoke on Sunday at a large political rally of young people. In a jam-packed indoor stadium the GS of the CC of the KKE made reference to the political developments in Greece. Posing the question “What determined the current developments which led … Continue reading
Italy’s post-Berlusconi hangover
Ordinary Italians may well have woken today with a bit of a headache after last night’s celebrations over the departure of prime minister Berlusconi. The unwelcome after-effects of that prosecco won’t have been attenuated by the news in this morning’s papers of the austerity measures that the Italian parliament passed hours before he threw in … Continue reading
Greece’s Communist Party (KKE) on coalition government
Statement by KKE The people must strengthen the KKE and ally with it – This is the prospect which can bring hope A large mass rally-intervention was carried out by the KKE on Friday night in Syntagma Square. The rally took place a few hours before the vote of confidence in the government, which was … Continue reading
“Third man” gives left a lift in Socialist primaries race
By Tom Gill First the expected news: on Sunday the two main contenders for the French Socialist party’s primary elections for their Presidential candidate – Francois Hollande and Martine Aubry – have sailed through. With almost all votes counted mid-afternoon Monday former Socialist leader Hollande had 39.2% of the vote, against 30.7% for Aubry, a … Continue reading
Another bail-out of European banks
Another week, another round of austerity – and another bail-out of the banks in Europe. Greece’s parliament this week passed austerity measures linked to the receipt of crucial bailout funds to prevent the government from defaulting by mid-July. Two bills authorized a Euros 78 billion (£70 billion) package of budget cuts and asset sales. Under … Continue reading
Yet another Socialist Government bites the dust
By Tom Gill Yet another European socialist party has bitten the dust as Portuguese voters punished the Government of prime minister Pedro Socrates for the country’s economic crisis. The country is now in the hands of the right-wing PSD – which garnered 38.6 percent, resulting in 105 seats in the 230-seat national parliament – and … Continue reading
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