The European Union
EU summit agrees to German plan for austerity straitjacket
By Stefan Steinberg, February 1, 2012
The EU summit agreed to a plan drawn up by the German government for a series of measures forcing governments across the continent to implement harsh austerity measures.
Striking truckers, fishermen clash with Italian government
By Mike Jobson, January 27, 2012
Yesterday the government of Italian Prime Minister Mario Monti moved to crush protests by truckers, fishermen, and other professions hit by Monti’s unpopular social attacks.
Croatia: Referendum paves way for EU accession
By Markus Salzmann, January 25, 2012
Croatian voters approved the country’s joining the European Union in a referendum held on Sunday.
S&P downgrades and social counterrevolution in Europe
By Peter Schwarz, January 17, 2012
The downgrading of nine euro zone countries by Standard & Poor’s is a politically motivated decision.
Europe plunging into recession
By Stefan Steinberg, January 4, 2012
The most recent economic figures indicate that 2012 will be a year of renewed recession in Europe.
Troika demands Greece make billions more in spending cuts
By Robert Stevens, December 22, 2011
Days after the unelected government of Greek Prime Minister Lucas Papademos passed a drastic austerity budget, the IMF, the EU and the European Central Bank are demanding billions more in cuts.
Banks demand deeper cuts following EU summit
By Barry Grey, December 20, 2011
Banks, bond-holders and rating agencies have rejected the Brussels summit agreement because of its failure to massively increase the use of public funds to underwrite their bad debts.
European workers face austerity and dictatorship
By Julie Hyland, December 13, 2011
On both sides of the channel, little has been said on implications of the measures agreed at last week’s European Union summit for the working class.
Merkel and Sarkozy plan a Europe of austerity
By Peter Schwarz, December 7, 2011
German Chancellor Angela Merkel and French President Nicolas Sarkozy have presented a joint plan to restore the financial markets’ confidence in the euro.
European “left” supports EU institutions
By Christoph Dreier, December 2, 2011
While the European powers clash over how to reform the stability pact to solve the Euro crisis at the expense of the working class, Europe’s so-called “left” parties have made clear that they support the ruling elite’s austerity policies.
Newly-installed Greek government pledges continued cuts
By Christoph Dreier, November 15, 2011
The new Greek government under Prime Minister Papademos announced further austerity measures. It relies not only on the social-democratic PASOK, but also on the extreme right wing LAOS party.
Brussels summit intensifies national conflicts in Europe
By Peter Schwarz, October 29, 2011
At the root of Europe’s debt crisis is a more fundamental problem. Despite having founded a European Union, Europe remains divided into separate states with each ruling elite intent on pursuing its own national interests.
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