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public spending

This tag is associated with 5 posts

How austerity has widened Italy’s North-South divide

Austerity policies have accentuated a North-South divide grounded in a distribution of public spending and the tax burden that is skewed against the Mezzzogiorno, argues economist Guglielmo Forges Davanzati “It is well known what kind of ideology has been disseminated in myriad ways among the masses in the North, by the propagandists of the bourgeoisie: the South … Continue reading

The Eight Big Lies Mario Draghi told Spain’s Parliament

By Eduardo Garzon On Tuesday 12 February 2013, the president of the European Central Bank (ECB), Mario Draghi, stood before Spain’s parliament to explain the actions of the ECB in the Eurozone. Leaving aside the shameful and undemocratic fact of a closed hearing (and how absurd it was, because then the speech was published on … Continue reading

Europe storm heading Hollande’s way

How French Socialist President Hollande is wading into choppy waters over Europe. Left Foot Forward 

Should Spanish banks get another huge bailout?

Another huge bailout of Spanish banks is looming. Pundits and Brussels officials are reported to believe that, following a deep write-down of dodgy housing loans, a tonne of cash from the eurozone’s rescue fund – the €500bn European Stability Mechanism – is required to shore up the country’s financial sector. Why? A fresh panic is … Continue reading

The public spending that Monti left untouched

Italy spends about Euros 23 billion annually on the military, making it among the top ten worldwide in terms of defence expenditure per GDP. But in the packet of swinging spending cuts pushed through by the Government of Mario Monti last month that budget was left untouched. The country’s imperialist adventures such as the Nato … Continue reading

Twitter Updates

  • French socialist revolt against austerity continues | Revolting Europe wp.me/p1bMfw-223 2 hours ago
  • The great private pensions fraud | Vicenç Navarro | Revolting Europe wp.me/p1bMfw-21X 4 hours ago
  • #Spain's euro millionaires are having a good crisis. El Pais' 2013 ranking of listed company fat cats: elpais.com/elpais/2014/03… #inequality 14 hours ago
  • Gabriel García Márquez's extraordinary Nobel Lecture, 1982: The Solitude of Latin America nobelprize.org/nobel_prizes/l… 15 hours ago
  • How the EU's austerity straight jacket was born | Revolting Europe wp.me/p1bMfw-21L 16 hours ago
  • #Austerity and child #poverty - the case of #Spain helsinkitimes.fi/world-int/worl… 18 hours ago
  • Tomorrow #France's communist newspaper 'L'Humanite celebrates 110 years - and a new look. humaniteinenglish.com/spip.php?artic… 1 day ago
  • Photos, video suggest new episode of police abuse in Rome mass anti-austerity #protest. Ansa ansa.it/english/news/g… 1 day ago
  • Radical anti-austerity manifesto for the European elections: wp.me/P1bMfw-8C #politics #EP2014 1 day ago
  • Thousands protest in Paris against austerity wp.me/p1bMfw-21u 5 days ago
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DATA

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FORTRESS EUROPE

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EUROPE NEEDS A CITIZENS’ REVOLUTION

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PM Rajoy One Year On

Spaniards are not impressed

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