By Mariane Arens, 21 October 2013
The so-called stability law 2014 mandates spending cuts of close to €12 billion and tax cuts for business of €3.7 billion.
By Peter Schwarz, 17 October 2013
From the outside, the EU is like a fortress before whose walls thousands of migrants lose their lives, while inside it resembles a prison, with rising poverty and exploitation.
By Jordan Shilton, 17 October 2013
The Fine Gael-Labour coalition has outlined new austerity measures, including €1.6 billion in spending cuts aimed at the most vulnerable.
By Christoph Dreier, 14 October 2013
The Greek government is increasingly resorting to authoritarian methods to enforce planned redundancies in the face of mounting working class resistance.
By Stefan Steinberg, 12 October 2013
The social crisis in Europe is being consciously exploited by the continent’s political elite to affect a major redistribution of wealth from the bottom of society to the top.
By Denis Krassnin, 10 October 2013
Working conditions tantamount to modern slavery are being introduced into Europe by the notorious Foxconn corporation.
By Olivier Laurent, 10 October 2013
The French austerity budget slashes social spending and increases taxes for workers while companies get tax breaks.
By Elisabeth Zimmermann, 9 October 2013
The announcement by Siemens’ management that 15,000 jobs will be axed worldwide is the prelude to further cuts.
By Robert Stevens, 7 October 2013
The arrest of fascist Golden Dawn party leaders was a long-planned operation, carried out amid escalating opposition to Greece’s coalition government.
By Barry Mason, 7 October 2013
Almost 1 in 10 working households in Europe now lives in poverty.
By Sofia Staubach, 7 October 2013
In the past two decades, 37 of 168 orchestras in Germany have been closed, and 2,315 musicians’ jobs cut.
By Peter Schwarz, 4 October 2013
The financial and political crisis in Europe has re-emerged with renewed intensity after the German federal elections.
By Christoph Dreier, 4 October 2013
Yesterday, Greek authorities released three of the fascist Golden Dawn deputies arrested after the murder of anti-fascist hip-hop musician Pavlos Fyssas.
By Peter Schwarz, 3 October 2013
Rather than a “historic day for Italian democracy,” Wednesday’s confidence vote was a closing of ranks within the ruling class for a fresh assault on the working class.
By Christoph Dreier, 2 October 2013
Fearing that workers will begin to take the struggle against the fascists into their own hands, the Greek government has arrested leading members of Golden Dawn to bolster the credibility of the state.
By Christoph Dreier, 30 September 2013
On Saturday, 18 leading members of Golden Dawn, including the chairman of the party, Nikos Michaloliakos, were arrested.
By Marianne Arens, 30 September 2013
The Italian government is set to collapse just five months after taking office.
By Alejandro López, 30 September 2013
The ability of the Popular Party government to impose new attacks on civil servants and pensions, is entirely due to the collaboration of the trade unions.
By Christoph Dreier, 28 September 2013
Golden Dawn has been deliberately built up by the ruling class to spearhead the violent suppression of the working class.
By Christoph Dreier and Katerina Selin, 25 September 2013
As new evidence of official support for the neo-Nazi Golden Dawn group emerges, unions and pseudo-left parties are trying to politically subordinate protests to the state.
By Alejandro López, 23 September 2013
The efforts by Spain’s Socialist Party (PSOE) to whip up support for US-led threats against Syria is aimed at distracting public attention from the social catastrophe for which it is responsible.
By Christoph Dreier, 20 September 2013
On Thursday thousands again took to the streets in Greece to protest social cuts and the fascist murder of musician Pavlos Fyssas.
By Katarina Selin, 20 September 2013
The increase in suicides in Greece highlights the social decline which has taken place under the diktat of the European Union.
By Andre Damon, 20 September 2013
JPMorgan Chase, the largest US bank, settled charges related to its multi-billion-dollar trading loss Thursday with four regulators, paying a total of $920 million in fines.
By Katerina Selin and Christoph Dreier, 19 September 2013
Protests were held in all major Greek cities Wednesday against the austerity measures of the Greek government and the European Union.
By Steve James, 13 September 2013
The circumstances of Henryk Piotrowski’s life and brutal death express in a particularly cruel form the impact of the Irish and European ruling class’s austerity policies on the most vulnerable sections of working people.
By Alejandro López, 28 August 2013
Due to deepening austerity measures, over a quarter of the Spanish population under 16—some 2.3 million children—are now at risk of malnutrition.
By Sven Heymann, 20 August 2013
The European steel industry confronts overcapacity and shrinking markets.
By Julie Hyland, 15 August 2013
A new study by the UK’s House of Commons Library finds that European workers’ wages have fallen drastically since the Wall Street crash five years ago.
By Elisabeth Zimmermann, 15 August 2013
Hit by the economic downturn, Siemens, Germany’s third largest industrial concern, has announced plans for further cuts.
By Christoph Dreier, 12 August 2013
During Antonis Samaras’ trip to Washington last week, Obama made clear that the US is prepared to back military repression to deal with increasing social opposition in Greece.
By Alejandro López and Paul Mitchell, 3 August 2013
Spanish shipbuilding workers face mass unemployment under an illegal scheme of shipyard owners.
By Ludwig Weller, 2 August 2013
Auto experts expect up to 10 auto plants to shut down in Europe in the near future.
By Stefan Steinberg, 27 July 2013
The slashing of public sector jobs in Greece is part of an international offensive by the financial markets to eliminate all the social gains of the working class.
By Stefan Steinberg, 24 July 2013
Figures from the Eurostat statistics agency show that the debt burden across the euro zone continues to rise after three years of austerity.
By Paul Mitchell, 24 July 2013
In a televised speech, Portuguese President Cavaco Silva declared that the country was in a national emergency, but rejected new elections.
By Alejandro López, 23 July 2013
Secret hand-written ledgers covering the period 1990 to 2008 detail more than 30 donations to the ruling Popular Party that were illegal.
By Julie Hyland, 20 July 2013
The Conservative/Liberal coalition in Britain has laid out further attacks on welfare provision, while the opposition Labour Party calls for even deeper cuts.
By Christoph Dreier, 19 July 2013
The Greek government has used the visit on Thursday by German Finance Minister Wolfgang Schäuble to impose a blanket ban on demonstrations in central Athens.
By Stefan Steinberg, 19 July 2013
A series of reports confirm that austerity policies implemented since the financial crisis of 2008 are plunging Europe ever deeper into recession.
By Alejandro López, 19 July 2013
Since the global economic crisis erupted in 2008 state revenue in Spain has slumped by nearly €200 billion.
By Robert Stevens, 17 July 2013
Greek workers struck against the firing of thousands of public sector employees.
By Peter Schwarz, 16 July 2013
Home improvement chain store Praktiker announced last week it is going into liquidation.
By Clara Weiss, 13 July 2013
The Nabucco pipeline project, which was to have transported gas from the Caspian Sea to Europe in order to bypass Russia, has been cancelled.
By Christoph Dreier, 11 July 2013
Greek municipal workers went on strike Monday in response to government plans to carry out further redundancies in the public services.
By Peter Schwarz, 10 July 2013
Former NSA employee Edward Snowden has exposed the infrastructure of a police state whose surveillance powers far exceed those of former totalitarian dictatorships.
By Andrea Peters, 10 July 2013
Russia’s minister of finance announced plans last week to address a $33 billion budget shortfall with cuts targeting the working class.
By Stefan Steinberg, 9 July 2013
In a major break with traditional policy, the European Central Bank promised last week to provide cheap credit indefinitely to European banks.
By Paul Mitchell, 8 July 2013
The governing coalition faced crisis last week with the resignation of the Finance Minister and Foreign Minister.
By Markus Salzmann, 6 July 2013
2013 will be the worst year for the auto industry in Western Europe in three decades. A recent study estimates that car sales will fall another 5 percent this year to below 12 million vehicles.
By Robert Stevens, 5 July 2013
A deal expected over the weekend between the “troika”and the Greek government will have further devastating austerity as its centerpiece.
By Peter Schwarz, 4 July 2013
At Wednesday’s European Jobs Summit in Berlin, government heads agreed to use record high levels of youth unemployment as the pretext for further attacks on the remaining social protections and past social gains of European workers.
By Franci Vier, 3 July 2013
Following the passage of trade union-agreed labour reforms, making it easier for companies to sack Spanish workers, mass sackings are on the increase.
By Jordan Shilton, 3 July 2013
A secret internal government report has revealed the plans of the Conservative-Liberal Democrat coalition to sell student loan debt to private investors.
By Peter Schwarz, 29 June 2013
The European Union’s “Call to Action on Youth Unemployment” is a travesty that only underscores the fact that an entire generation has no future in a capitalist Europe.
By Robert Stevens, 29 June 2013
This week’s Spending Round by the British government continues its programme of mass austerity and puts in place permanent welfare and pay cuts.
By Steve James, 29 June 2013
The taped 2008 conversations of Irish bank executives at the now-defunct Anglo-Irish bank gives an insight into the criminal activities of the banking elite globally.
By Paul Mitchell, 28 June 2013
Many Portuguese workers participated in a general strike Thursday, the fourth in two years against austerity.
By Marianne Arens, 28 June 2013
Relations between Switzerland and the United States are worse than ever before due to the tax dispute between the US Justice Department and Swiss banks.
By Anthony Torres, 27 June 2013
The NPA is trying to bring the popular opposition to the Socialist Party’s austerity policies into the dead end of support for the Left Front and the union bureaucracy.
By Robert Stevens, 27 June 2013
A crisis-ridden Greek government, composed of New Democracy and PASOK, announced a new cabinet following the resignation of the Democratic Left from the coalition.
By Vicky Short, 26 June 2013
The Spanish trade unions and opposition Socialist Party are collaborating with the Popular Party government in the destruction of the pension rights of millions of workers.
By Robert Stevens, 24 June 2013
This week’s spending review by the UK government will slash local authority budgets by a further 10 percent.
By Christoph Dreier, 22 June 2013
DIMAR chairman Fotis Kouvelis announced that his party would leave the Greek government coalition yesterday, amid protests over the shutdown of public broadcaster ERT.
By Alejandro López, 22 June 2013
The Bank of Spain has called for the elimination of the minimum wage, more flexibility in the labour market and other attacks on the working class.
By our correspondent, 21 June 2013
Suicides related to economic causes have increased 30 percent in the past four years, according to a recent report.
By Robert Stevens, 20 June 2013
Wages, adjusted for inflation, have fallen by 15 percent in the UK over the last five years.
By Stefan Steinberg, 17 June 2013
The authors of the JPMorgan report are arguing for governments to adopt dictatorial-type powers to complete the process of social counterrevolution that is already well underway across Europe.
By Jordan Shilton, 17 June 2013
Ireland’s trade unions are trying to force through an agreement that will reduce public sector jobs, cut overtime pay and lengthen working hours.
By Christoph Dreier, 13 June 2013
On Tuesday night, Greek police stopped transmission of the public broadcasting service, which is slated for restructuring and large-scale job cuts.
By Robert Stevens, 13 June 2013
Mass arrests were made by police who smashed their way into a squat with chainsaws, axle-grinders, crowbars and climbing gear.
By Christoph Dreier, 11 June 2013
Trade unions and pseudo-left groups organized a so-called Alter-Summit in Athens, backing the European Union institutions that impose austerity throughout Europe.
By Andre Damon, 6 June 2013
The volatility in financial markets reflects the artificial and unsustainable character of the rise in asset prices in the midst of stagnation and slump in the real economy.
By Christoph Dreier, 4 June 2013
In the face of rising social inequality, growing unemployment and the absence of popular confidence in the region’s governments, the International Labour Organization (ILO) warned Monday about the prospect of social unrest in Europe,
By Christoph Dreier, 1 June 2013
Though euro zone unemployment hit a two-year high in April, European governments are preparing further austerity measures.
By Robert Stevens, 1 June 2013
For the working class, there has been a drastic reversal in living standards, growing mass unemployment and savage cuts in social spending.
By Jordan Shilton, 27 May 2013
According to a leaked document from the European Union (EU) commission, the government in Dublin will now have to report monthly on healthcare spending.
By Anthony Torres, 23 May 2013
While the French economy has entered into recession, the European Union and the French government are pressing to accelerate social attacks.
By Paul Bond, 22 May 2013
The Save our NHS demonstration showed the bankruptcy of the Labour Party and trade unions campaign in defence of health care.
By Emily Wilson, 22 May 2013
The number of people in fuel poverty in England is expected to rise from 6 million today to 9 million by 2016.
By Marianne Arens, 22 May 2013
On May 14, Beppe Grillo published a racist blog post appealing to far-right forces.
By Markus Salzmann, 21 May 2013
Seven weeks after taking power, Slovenia’s centre-left governing coalition adopted a new austerity programme and presented it to the EU commission.
By Stefan Steinberg, 20 May 2013
Trade union leaders used a large demonstration in Rome on Saturday to cover their tracks in supporting the recently formed coalition government led by Prime Minister Enrico Letta.
By Chris Marsden, 18 May 2013
The decision by leaders of the OLME teachers union to abandon an agreed strike in the face of civil mobilisation orders has delivered a serious blow to the entire Greek working class.
By Vicky Short, 18 May 2013
With 6.2 million out of work, the trade unions are appealing for unity with the right wing Popular Party government.
By Andre Damon, 17 May 2013
Negative economic figures released this week point to continuing stagnation in the US amidst a worsening slump internationally.
By Stefan Steinberg, 17 May 2013
The latest OECD report confirms that inequality in most industrialised nations has grown significantly since the world economic crisis broke out in 2007-8.
By Markus Salzmann, 17 May 2013
In regional elections in Salzburg, the Social Democrats and the Austrian Peoples’ Party recorded the largest loss of support since the Second World War.
By Andre Damon, 16 May 2013
The euro area economy contracted by 0.2 percent in the first quarter of this year, which was followed by further calls for austerity.
By Christoph Dreier, 15 May 2013
The public service trade union federation, ADEDY, has made clear that it will not mobilize public employees to defend the teachers.
By Marianne Arens and Peter Schwarz, 15 May 2013
An appellate court has handed down a four-year prison sentence for tax evasion to former Italian Prime Minister Silvio Berlusconi.
By Nick Beams, 13 May 2013
Differences within the G-7 over economic policy are fuelled by the fact that almost five years since the global financial crisis erupted, the world economy is marked by deepening recessionary trends.
By Robert Stevens, 13 May 2013
The New Democracy, social democratic PASOK and Democratic Left coalition government signed a civil mobilisation order Saturday to outlaw a teachers strike, scheduled to begin on May 17.
By Robert Stevens, 10 May 2013
The IMF’s report follows the agreement made between the “troika” and the coalition government of New Democracy, PASOK and the Democratic Left last month.
By Jordan Shilton, 9 May 2013
Over recent months, financial firms in Britain including banks and insurers have announced thousands of lay-offs.
By Ernst Wolff, 9 May 2013
Verdi union negotiators have approved the setting up of three low-cost subsidiaries at Lufthansa, the largest European airline, paying up to 30 percent lower wages.
By Kumaran Ira, 8 May 2013
The NPA fears that Mélenchon’s willingness to work under Hollande will expose the anti-working class politics of the entire pseudo-left.
By Ulrich Rippert, 7 May 2013
Against the background of the greatest economic crisis since the 1930s, the European Union is showing its true face—that of a dictatorship of finance capital.
By Stefan Steinberg, 6 May 2013
The official debate over austerity in Europe has broken out amid deepening economic crisis and mounting social anger in the working class.
By Christoph Dreier, 4 May 2013
Police intervened to prevent supporters of the Greek fascist party Golden Dawn from carrying out a food distribution in Athens’ Syntagma Square.