Posts under ‘Europe’

What should new Greek finance minister do next?

by Ann Pettifor.

The Greek people have led, so that their leaders can now follow.  They have backed (with a landslide vote for “No!”) their brave and principled, if inexperienced and diplomatically inept, new government. Now they need to turn their attention to rebuilding their economy. The first step must be to begin creating a new (and hopefully […]

After Greece votes no, what next?

by Phil Burton-Cartledge.

In time, they might come to call it the Tsipras Gamble. With an impossibly weak hand, no one seriously thought Syriza could pull it off. The verdict of the bail out referendum was predicted to be close, so close that it might well have been Syriza as opposed to Greece heading for the exit door. […]

We need a Europe that’s for a better life, not one for advancing powerful interests

by Bryan Gould.

Like so many others, I long ago got used to being pilloried as “anti-European” for daring to say that the “Europe” we were urged to sign up to was no such thing, but was a particular arrangement cooked up by the powerful and foisted on the people of that often benighted continent without bothering either […]

TTIP will be a licence for multinationals to profit at all costs

by Keith Ewing and John Hendy.

A small victory for democracy was recorded at the European Parliament recently when it was announced that a long-awaited debate about the Transatlantic Trade and Investment Partnership (TTIP) was to be postponed. TTIP is the trade deal being negotiated between the EU and the USA. Its text is secret, known only by the negotiators (including […]

The Real Greek Crisis

by Bryan Gould.

Most people will feel that they don’t need to look far for an explanation as to what lies behind the Greek crisis. Lazy reporting and racial stereotyping will persuade them that the Greeks – a feckless lot, no doubt – have spent more than they should, got into debt, taken out loans from the hard-working […]

In Greece, debt means death – they must vote ‘No’

by Max Shanly.

Yesterday’s Guardian revealed a trio of leaked documents from the International Monetary Fund, the European Central Bank, and the European Union that revealed the true extent of Greece’s debt crisis. The documents – written by the tripartite collective commonly known in Greece and now much of the world as the troika – revealed that the […]

The Eurozone should respect Greek sovereignty

by Michael Meacher.

The bullying by Greece’s creditors continues. The latest ploy is to try, unilaterally, to interfere in Greece’s internal politics by re-defining the terms and purpose of Sunday’s referendum. It is patently clear that Tsipras called the referendum to ask the Greek people whether they accepted the latest bailout terms laid down by the creditors, yet […]

Wages, profits & investment In Greece

by Michael Burke.

The IMF has placed a road-block in the way of a deal with the Greek government and it remains unclear whether any agreement can be reached. The prior agreement which the IMF rejected was itself already very onerous. But the IMF wants to shift the burden of paying for the crisis away from taxes on […]

Tories’ pre-election fantasising comes back to haunt them

by Michael Meacher.

Northern powerhouse deflates into Northern power-cut. It was so hurriedly propagated by Osborne before the election as portraying the government as dynamic innovators of English devolution, but none of the details had been properly worked through, including the required transport infrastructure as we now know. So the election gimmick, if not evaporated, has dimmed at […]

The politics of Tory pledge-breaking

by Phil Burton-Cartledge.

Political gravity is starting to assert itself on the Tories’ ridiculous manifesto. You will recall that this gang of scaremongerers, who spent the entire election trading on economic competence, getting the deficit and public sector debt down, and “strong leadership” promised £28bn in unfunded spending commitments – presumably with the view that they’d never get chance […]

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