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taxes

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94 reasons why French trade unions have boycotted Hollande’s job summit

Francois Hollande’s jobs summit is becoming a farse. Unemployment in France has risen to a new high of 3.4 million. The socialist President is desperate to be seen to be doing something about it. But Monday yet another union walked out of the two day ‘social summit’, an unprecedented desertion by organised labour for any administration in Paris, … Continue reading

French PM Valls ploughs on with stability plan but at what price?

By Guillaume Duval Despite the political thunder of the European elections of 25 May, France’s President and Prime Minister chose the moment to stay the course of their “stability program” presented a month earlier to the National Assembly and approved by it after a fraught debate. This document, submitted to the European authorities, describes the … Continue reading

Italy’s centre left bounces back, but will it last?

Italy’s Grand Coalition is paying dividends for the centre-left Democratic Party. But will it last? Analysis of last weekend’s local elections by Tom Gill in the Morning Star 

Hollande ‘guts’ 75% wealth tax?

France’s Socialist President Francois Hollande’s key ‘soak the rich’ 75% tax pledge has been drastically watered down, according to Le Figaro which doesn’t reveal its source. The tax as originally proposed won’t apply to rich couples. And it will only apply to income, not property or financial assets. A single person will be taxed if … Continue reading

Austerity hits Italian agriculture as 20,000 businesses close

The sector’s troubles are another blow to women Twenty thousand agricultural businesses closed in Italy last year and pessimism reigns among the survivors, according to Coldiretti, an organisation representing the sector. This is another blow to women who have become increasingly important in farming and related activities, Women now run a third of the 845,000 businesses … Continue reading

Portugal: contra o programa de agressão!

Against impoverishment and injustice, against the programme of aggression! For jobs, wages, pensions and social rights! These are the slogans that will accompany tens of thousands expected on a march in Lisbon and Oporto today to protest against IMF imposed austerity and privatisation programme. The demonstrations, called by the CGTP, the country’s largest trade union central, … Continue reading

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