This year the EU response to the economic crisis has been a key concern of movements and organisations all over Europe.
One issue that’s caused quite a stir in some quarters is the new ways the Commission and the Council will be able to impose certain austerity measures, in effect the six legislative proposals called ‘the [...]

The international financial system is passing through the agony of a new round of the Eurozone debt crisis for the simple reason that European governments, like that in the US, refuse to deal with the core of the economic recession in Europe for reasons of economic dogma.
Anyone who looks at the economic data for the [...]

Below is an interview with Professor of Economics at the University of Athens, Yanis Varoufakis which I recorded on Wednesday the 14th of September in Leinster House. Michael Taft, Research Officer with Unite the trade union was also on hand to ask some questions.
Yanis is the author of several books, two which were published during [...]

Just a reminder of the following tonight. Michael Taft and I interviewed Yanis Varoufakis in Leinster House yesterday and I will be posting that as a podcast this evening hopefully. Also Yanis was on the panel of Tonight with Vincent Browne last night, which can be viewed on the TV3 site.
Public Meeting
Understanding the Euro Crisis
Thursday [...]

Public Meeting
Understanding the Euro Crisis
Thursday 15 September 7pm
Speakers:
Pearse Doherty TD
Yanis Varoufakis (Greek economist)
Fintan O’Toole
St Stephen’s Suite, Shelbourne Hotel, D2
All Welcome

When Lenin alighted on 3rd April 1917 at Petrograd’s Finland Station, a train was set in motion that upstaged, and eventually overturned, the Mensheviks’ plan for an ‘evolutionary’ path from absolute Tsarism to some form of social democracy. Ironically, it took a Finnish social democrat (newly elected finance minister Jutta Urpilainen) to derail once and [...]

The context: In the middle of a mighty bushfire the fire brigade just held a summit between its chief fire fighters (Mrs Merkel and Mr Sarkozy) to discuss the importance of biodiversity, leaving the flames to destroy the forest. Italy and Spain are collapsing. The EFSF, the only institution that was set up to deal [...]

The Coalition of Resistance is organising a European conference against Austerity, Cuts and Privatisation, and in defence of the Welfare State on Saturday 1st October in London.
You can register and get details about the European Conference Against Austerity & Privatization here.
From the website:
The economic crisis of 2008 is still gripping Europe. Governments are telling us [...]

How to judge the nth European agreement ”to save Greece” stipulated on Thursday 21st July? The financial markets have already provided their verdict: on Friday 22 the spread between the Italian ten-years Treasury Bonds and the German Bunds was still 258 basic points (2,58%), a level unsustainable for the Italian public finances. The next week begun [...]

This article was originally posted on Yanis’ blog today. Republished with the kind permission of the author.
The Agreement reached yesterday by Europe’s political and financial elites is meant to tackle, once and for all, the Greek debt problem. Just as in May 2010 the idea was that intra-eurozone contagion could be prevented by ringfencing Greece [...]