‘When Christine Lagarde, managing director of the International Monetary Fund (IMF), announced Ukraine’s new, $17.5 billion bailout package Thursday morning (Feb. 12), she suggested it would be a “turning point for Ukraine,” which stands to […]
‘A dozen Tory donors are up to £15million better off thanks to George Osborne’s tax cuts for the wealthy. A Mirror investigation uncovered 12 fatcat party funders who benefited from the top rate tax slash […]
As the newly elected Syriza Government make overtures to the so-called Troika of the ECB, EC and IMF on debt restructuring, one thing is increasingly clear. Elites in the UK and across Europe appear deeply uncomfortable the neoliberal logic of…
‘Tens of thousands of people have massed in central Madrid for a rally organised by radical Spanish leftists Podemos. The “March for Change” is one of the party’s first outdoor mass rallies, as it looks […]
‘Few in Greece, even five years ago, would have imagined their recession- and austerity-ravaged country as it is now: 1.3 million people – 26% of the workforce – without a job (and most of them […]
‘Sunday’s Greek vote for anti-austerity left-wing Syriza shows the people’s eagerness to stop the current bailout scheme and renegotiate a deal that’s more favorable for the Greek economy. In the next several days and weeks, […]
‘Every time Eurocrats declare that the economic crisis is over, it comes back with a vengeance. For six years, the Brussels elites have been periodically assuring us that the Eurozone has shaken off the bug; […]
‘Exit polls show anti-austerity party, Syriza, has won Greece’s general election, which can affect the course of austerity policies in the European country. The exit polls announced on Sunday suggest that the radical leftist party, […]
“Greece could be ousted from the Eurozone”, warned deputy parliamentary leader of Angela Merkel’s ‘CDU Party, Michael Fuchs, on 31 December 2014. He added, the Eurozone was no longer obligated to rescue Greece from its […]
It may seem surprising that an election in a small country of less than 12 million people could create high anxiety in government ministries in Berlin and Paris and at the European Union (EU) headquarters […]
‘After her mother’s pension was cut over 30 times, Rena Dourou knew that Greece could no longer cope with austerity. Now, as Syriza, her political party, leads the polls ahead of the country’s general election […]
‘Nearly four out of 10 households with children, or 8.1 million people, live below an income level regarded by the public as the minimum needed to participate in society, according to new research commissioned by […]
‘Why is the ECB sounding and acting like common thugs? They are heavily leaning on Greece like old school loan sharks. Europe is in a desperate situation which calls for desperate measures. They cannot allow […]