Posts Tagged ‘Greece’

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 […]

Austerity has failed Greece and its people – just as it is failing people here

by Jon Trickett.

In our country austerity is imposed by an elected government. In Greece, however, a government was elected to try a different way out of the crisis. But the will of the people is being thwarted by a troika of largely unelected institutions: the IMF, The European Council and the European Bank.Austerity is endangering the social […]

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 […]

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 […]

TUC expresses solidarity with Greece; Labour remains silent

by Jon Lansman.

The TUC General Council this week expressed its solidarity with the people and trade unions of Greece in no uncertain terms. If only the political wing of the Labour movement would follow suit! Some Labour MPs have individually signed a supportive early day motion but even they are surprisingly few. We’d urge readers to do […]

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 […]

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