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EU Fiscal Compact

This tag is associated with 4 posts

No to permanent austerity! Reject the fiscal pact!

Today thousands are expected at a national demonstration in Paris against the EU Fiscal Compact AKA Permanent Austerity Treaty. Below is a joint statement signed by campaigners, unions and radical left political parties who will be participating in the protests. ‘The President wants to ratify the” fiscal compact “, as it was signed by Nicolas … Continue reading

Portugal signs ‘a contract to kill the European social model’.

Portugal has become the first European country to approve the EU’s fiscal compact, known to critics as the ‘permanent austerity’ treaty. The country’s parliament made the move Friday, and also approved the European Stability Mechanism – the much derided long-term ‘bailout’ fund. Portugal is one of three eurozone countries to be ‘rescued’ by the EU … Continue reading

EU fiscal compact would limit the options of governments “forever”, says Portugal’s radical left.

The Left Bloc and Portuguese Communist Party said Thursday that the change to the Portuguese constitution implementing the new EU Fiscal Compact imposed ‘a rule of lead’ on the Portuguese economy and would limit the options of governments ‘forever’. In the debate in parliament ahead of a vote, the Left Bloc’s Ana Drago accused the prime … Continue reading

Italian senators urged to vote down balanced budget law

Communists demand referendum on EU Fiscal Compact, denounce parliamentarians as ‘thieves of democracy’  A balanced budget law, the fiscal straightjacket being imposed on people across Europe, is set to be given the green light by Italian senators on Wednesday in a move described as ‘financial coup’ by Italy’s communists. Paolo Ferrero, of Communist Refoundation and Federation … Continue reading

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