Greek austerity: the end of the line
- James Meadway
After two years of self-defeating austerity measures, a Greek exit looks more likely than ever.
This is not a Greek crisis. It is a European crisis, in two parts. First, the financial crash of 2008 provoked a global recession of exceptional severity. ...
The European Stabilization Mechanism, Or How the Goldman Vampire Squid Just Captured Europe
- Ellen Hodgson Brown
The Goldman Sachs coup that failed in America has nearly succeeded in Europe - a permanent, irrevocable, unchallengeable bailout for the banks underwritten by ...
Women of Europe, Demonstrate Solidarity with Greek Women!
- Tout est à nous !
Interview with Sonia Mitralias, a founding member of the Initiative of Greek Women against the Debt and the Austerity Measures, as well as of the Greek Committee against the Debt.
The Initiative of Greek Women Against the Debt and the Austerity Measures ...
The German Bailout: On the German Occupation Loan From Greece
- Tasos Minas Iliadakis Τάσος Μηνάς Ηλιαδάκης
A. The background
During the early 1940s, Berlin, in order to have financial means of securing its strategic objectives in the Balkans, the Mediterranean basin and Libya, had imposed the most strict conditions on Greece, under occupation, to ...
The CADTM condemns the disinformation campaign on the Greek debt and the rescue plan by private creditors
On Thursday night (8 March 2012) more than 85% of private creditors (banks, insurance companies, pension funds, etc.) agreed to take part in the restructuring of the Greek debt by cancelling EUR 107 billion. On paper it looks as though they ...
Eric Toussaint: “Europe Gets Shock Therapy like Latin America in the 1980s and 1990s”
- Carlos Alonso Bedoya
Eric Toussaint, Doctor of Political Science and President of the Committee for the Abolition of Third World Debt (CADTM), is a member of the Commission for an Integral Auditing of Public Debt in Ecuador (CAIC) whose findings resulted in Ecuador stopping ...
‘Germans lived because Greeks died’: Manolis Glezos on the other debt –Germany still owes 162 bn € to Greece
- George Gilson
THE LAST time Manolis Glezos made headline news was when a riot policeman shot him in the face with a tear-gas gun at point blank range during a general strike last year.
The young officer probably had no idea that the white-haired 87-year-old ...
Greece can slay its financial demons – but will it spare the euro?
- Larry Elliott Λάρυ Έλιοτ
Beleaguered country faces choice between abandoning the single currency or agreeing to be dominated by stronger nations.
There's a scene in The Lord of the Rings where the wizard Gandalf confronts the Balrog, a hellish monster, on a narrow bridge in ...
Save the Greek People from their Saviours !
- Various Authors - Verschiedene Autoren - AA.VV. - Auteurs divers -Από διάφορους συντάκτες - Olika skribenter-مؤلفون مختلفين
At a time when one in two young Greeks is unemployed, when 25,000 homeless wander in the streets of Athens, when 30% of the population has fallen under the poverty line, when thousands of families are forced to give up their children for fear ...
The “Global Crises of Capitalism”; Whose Crises, Who Profits?
- James Petras
Introduction: From the Financial Times to the far left, tons of ink has been spilt writing about some variant of the “Crises of Global Capitalism”. While writers differ in the causes, consequences and cures, according to their ideological ...