Posts Tagged ‘EU’

Labour & social democrat MEPs back a shabby compromise on TTIP

by Keith Ewing.

The Socialist and Democratic group of MEPs (which includes UK Labour) have agreed to a “shabby compromise” supporting TTIP, leaving all the most unjust elements of the deal intact say Professor Keith Ewing and John Hendy QC The Transatlantic Trade and Investment Partnership (TTIP) is the secret trade deal currently being negotiated between the EU and the US. Its […]

Greek myths retold: confronting the ideologues of austerity

by Michael Burke.

The world economy is not strong and the President of the United States is sufficiently concerned about new shocks to it that he recently met the Greek Finance Minister to urge ‘flexibility on all sides’ in the negotiations between the Syriza-led government and its creditors. US concern is fully justified. In any attempt to reach agreement it […]

It is Sturgeon who would take Scotland out the EU

by Andy Newman.

The Scottish TV leader debates have been revealing. Where the SNP have had to defend their actual government record, Nicola Sturgeon has come over as tetchy, and the audience skeptical. However, the point that gripped me was that Scotland’s First Minister talked of a London Tory government taking Scotland out of the EU, against the will […]

Spain’s jobs crisis will last as long as it is in the euro

by Tom Gill.

By Juan Torres López and translated from the original Spanish by Tom Gill A crucial question for the Spanish economy is why it suffers a level of unemployment that is much higher than the rest of the economies that surround it. Obviously, it is a question with no simple unequivocal answer, for surely there are many factors […]

What’s driving Germany’s hardline stance on Greece?

by Tom Gill.

By Juan Torres López* and translated from the original Spanish by Tom Gill The media and the centres of economic and political power in Europe try to make us believe that the difficulties in reaching agreement with Greece come from the demands and bad practices in this country and that it is the position of […]

The money exists for investment in Greece

by Michael Burke.

The fraught negotiations between the new Greek government and representatives of the EU institutions are likely to be prolonged. They have centred to date on Syriza’s efforts to find room to alleviate some of the worst effects of austerity and address what is called the ‘humanitarian crisis’. This is entirely justifiable given the depth of […]

Five questions from Costas Lapavitsas to Syriza’s leadership on their Euroland deal

by Jon Lansman.

This is a translation of a blog by Costas Lapavitsas who was Professor of Economics at London’s SOAS until he was elected as a Syriza MP this year. He is known as a Eurosceptic critic of the more Europhile stance of the Syriza leadership, though his criticisms are more reserved than those of Syriza’s 92-old […]

The costs and benefits of Grexit

by Tom Gill.

by Emiliano Brancaccio and Gennaro Zezza – translated from Italian by Tom Gill You cannot say that between 2010 and 2014, Greece has not “done their homework” assigned by the Troika. The tax burden has grown by five percentage points of GDP, public spending has fallen by a quarter and wages have fallen by twenty […]

Euroland’s Utopian foundations shaken by its central bank shirking its duties

by Ann Pettifor.

The late-night decision on 4 February by the European Central Bank to reject Greek bank collateral for monetary policy operations will, I confidently predict, precipitate not just a run on Greek banks; not just greater price instability across the Eurozone – but ultimately, the collapse of the fantastic machinery that is the ‘self-regulating’ economy of the Eurozone. […]

In the UK as in Greece do you stay with failed policies or change course?

by Michael Meacher.

Almost everyone, and that includes the IMF and the ECB, now admit that austerity has gone far too far and is now holding back growth. The only exception are the Germans, but even they are now losing ground. They were forced to concede the eurozone bailouts which they never agreed with, they were compelled to […]

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