Save Europe: Split the Euro
- Brigitte Granville - Hans-Olaf Henkel - Stefan Kawalec
On the eve of the American Civil War, Abraham Lincoln famously said that “a house divided cannot stand.” Today, the European Union -- committed for decades to the quest for “ever closer union” -- must confront an agonizing ...
Why Europe can’t just “fix” youth unemployment
- Jerome E. Roos
Our problems are not due to a lack of innovative ideas; they are due to an excess of financial power concentrated in the hands of an elite of bankers.
For years already, the youth of Europe’s heavily indebted periphery has been facing mass unemployment. ...
Greece and Spain helped postwar Germany recover. Spot the difference
- Nick Dearden
Sixty years ago, half of German war debts were cancelled to build its economy. Yet today, debt is destroying those creditors
Sixty years ago today, an agreement was reached in London to cancel half of postwar Germany's debt. That cancellation, and ...
Éric Toussaint: “Greece must unilaterally suspend repayment of its debt.”
- Tassos Tsakiroglu Τάσος Τσακίρογλου
“In Greece, the ruling class and the government are destroying democracy,” Eric Toussaint, professor of political science and militant, told the Greek Daily of Journalists. According to Eric Toussaint, only a determined government which ...
Greece: the road to Insolvency
- Jacques Sapir
The news arriving from Greece are becoming ever and ever more tragic. If an example were needed for the failing of austerity policies, this country would provide a shining one. But Greece is not an “example.” It is made up of 10 million ...
Iceland Was Right, We Were Wrong: The IMF
- Jeff Nielson
For approximately three years, our governments, the banking cabal, and the Corporate Media have assured us that they knew the appropriate approach for fixing the economies that they had previously crippled with their own mismanagement. We were told ...
The Greek Debt, under the light of Constitutional and International Law
- George Katrougalos Γιώργος Κατρούγκαλος
A- Origins and causes of the Greek crisis and the “Memoranda” cure
The Greek crisis is the product of a confluence of three factors:
a) the general crisis of neoliberal capitalism, due to the systematic failure of ﬁnancial deregulation ...
Greece: Distinguished Physician and Activist Giorgos Kosmopoulos Faces Eviction
- greydogg - Snake Arbusto
It may be difficult for many people, and in particular USAmericans, to imagine a doctor being evicted from his home for non-payment of rent. But it can happen to a doctor in Greece. And Giorgos Kosmopoulos of Athens is a physician.
And not just any ...
Goodnight Greece – Good morning Colony!-Statement on the November 27 Eurogroup decision
- Greek Initiative for an International Auditing Commission of the public debt Πρωτοβουλία για τη Συγκρότηση Επιτροπής Λογιστικού Ελέγχου του Ελληνικού Δημόσιου Χρέους
On November 27th the Eurozone’s Council of Finance Ministers announced its decisions regarding the Greek public debt. This decision, deadly for Greece’s fiscal situation, destroys the lives of the people, putting their interests behind the ...
Greece – a crime is being committed before our very eyes
- Jacques Sapir
The Greek agency of statistics (EL.STAT) has just published its latest data (Grèce PIB trimestriel) and it begs to differ with the “observers” who are betting on the situation getting better in this unfortunate country. In fact, ...