Posts Tagged ‘Eurozone’

Why the Euro is the gold standard writ large…

by Ann Pettifor.

The euro not only replicated key elements of the gold standard – but went much further: European currencies were simply abolished. States lost control over both their currency and their central bank. Parallels with the operation of the gold standard explain why, like the gold standard, the euro will fail. The euro system denies monetary […]

Three-quarters of jobs created in UK went to workers from EU

by Michael Meacher.

UK unemployment, which is still as high as 1,850,000, is now starting to rise again. Combined with the jobs standstill, the lack of momentum in pay makes this the most worrying set of labour market figures for a long time. What is equally disturbing is that almost all the increase in employment since the 2008-9 […]

Do the Germans realise the damage they have done to themselves and Europe?

by Bryan Gould.

The Wehrmacht had a crack at it – but that attempt ended in disastrous failure 70 years ago. The long-held dream of German hegemony throughout Europe is, however, back on the agenda and closer than ever to realisation. The Greek crisis threw up many sub-plots – many of them of great significance of course to […]

The end of a civilised Europe? Germany enforces a new gold standard

by Michael Meacher.

Arguably the so-called deal that has been forced down the throats of the Greek people represents the worst of all worlds. It imposes even more draconian terms than were on offer even a week or two ago, with very little conceded in terms of debt relief, but with such added conditions of austerity as will […]

The end of my European dream

by Richard Murphy.

The imposition of German demands on Greece, without consideration for its democracy, sovereignty or interests, is one of those moments that changes everything. I grew up with a European dream. Born in 1958 I was politically aware from a very young age. Much informed my early views, but most influences were, inevitably, personal. I wanted […]

After the shameful deal imposed on Greece, where are the left Eurosceptics?

by Phil Burton-Cartledge.

The deal imposed by the Eurozone grouping on Greece is nothing short of shameful. It continues to pile up the debt, reducing Greece to the status of a debt colony of the rich, Northern European countries. It, like all austerity programmes, expects working people, pensioners, the young to pick up the tab for payments that […]

Greece: not “reforms” but a triumph of ideology over common sense

by Bryan Gould.

As the Greek crisis unfolds, we are constantly informed by the world’s media that the European power-brokers will agree to a further bail-out only if Greece implements a programme of “reforms”. Most people will see this as confirming their understanding of what the crisis is about. The Greeks, it seems, have mismanaged their economy; so […]

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 […]

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 […]

© 2015 Left Futures | Powered by WordPress | theme originated from PrimePress by Ravi Varma