The European Union

Syriza leader Tsipras meets with Left Party leaders in Berlin

By Johannes Stern, 26 March 2015

The Left Party is firmly backing Tsipras precisely at the point when he is uncritically accepting the line of the German government and the austerity policy of the European banks.

Tsipras in Berlin: Germany and Greece pledge “cooperation” in imposing austerity

By Johannes Stern, 24 March 2015

Syriza has completely capitulated to the demands of the European banks, making clear that it will not only continue the austerity measures dictated by the “troika,” but will intensify them.

Syriza promises new austerity list as European institutions intensify pressure on Greece

By Robert Stevens, 20 March 2015

In advance of an EU summit, the political representatives of the European banks insisted that Greece must impose austerity measures or risk being cut off from further loans.

Attack on democratic rights in Germany follows Blockupy protest

By Christoph Dreier, 20 March 2015

The German media and politicians have responded to the Blockupy protests against the ECB on Wednesday by denouncing the protesters and demanding restrictions on the freedom of assembly.

Greek Finance Minister Varoufakis prostrates himself on German talk show

By Christoph Dreier, 18 March 2015

The appearance of the Greek Finance Minister Yanis Varoufakis on the Günther Jauch talk show was a pathetic spectacle that symbolized the bankruptcy of Syriza.

Troika enforcers return to Athens to step up looting of Greece

By Robert Stevens, 13 March 2015

The European Commission, European Central Bank and International Monetary Fund are finalizing new austerity measures in co-operation with the Syriza government.

Greece and the dictatorship of finance capital

By Nick Beams, 11 March 2015

Remarks on the Greek debt crisis by the head of the Belgian central bank, Luc Coene, expose the fictions of parliamentary democracy.

Greece told deeper austerity needed to secure additional loans

By Robert Stevens, 10 March 2015

Demanding that the Syriza-led government carry out further austerity, an ECB board member said the Greek people “will understand quickly that they were deceived by false promises.”

European Union press Syriza to deepen its austerity program for Greece

By Robert Stevens, 7 March 2015

European Union officials are insisting that until Syriza imposes deep austerity measures, it will not receive another cent in loans.

Greek debt crisis sharpens geostrategic tensions between US, Europe, Russia

By John Vasilopoulos, 6 March 2015

Voices in the Western media have expressed concern that a Greek default could undermine the integrity of NATO in the strategically vital eastern Mediterranean.

French Socialist Party government announces new round of free-market reforms

By Kumaran Ira, 4 March 2015

After pushing through the Macron Law on deregulation, the PS government is preparing a further round of sweeping austerity measures and structural reforms.

German parliament endorses Syriza’s proposed austerity measures

By Robert Stevens, 28 February 2015

The Left Party and the Green Party backed a new round of austerity in Greece in the vote in Germany’s Bundestag.

German television documentary on the troika and Greece

By Christoph Dreier, 28 February 2015

While the film shows how the troika engineered a social catastrophe, it promotes the policies of Syriza and other bourgeois critics who support the EU austerity program.

Syriza’s parliamentary group supports Greek austerity agreement

By Robert Stevens, 27 February 2015

The vote comes amidst a developing crisis within Syriza’s ranks over the implications of the party’s repudiation of its election manifesto.

Stock markets rise after Greece signs new austerity agreement

By Robert Stevens, 24 February 2015

The financial aristocracy celebrated the Syriza government’s abject capitulation to the European Union’s demands for renewed austerity.

The capitulation of Syriza and the lessons for the working class

By the International Committee of the Fourth International, 23 February 2015

It has taken less than one month for the Syriza government in Greece to repudiate its anti-austerity election program and betray, totally and utterly, the impoverished working people whose votes placed it in power.

Syriza capitulates to the EU

By Robert Stevens, 21 February 2015

Tsipras and Varoufakis have agreed to enforce the EU-dictated austerity program, exposing—within weeks of forming a government—the fraudulent and reactionary character of Syriza.

Greek Finance Minister Yanis Varoufakis’ mission to save capitalism

By Chris Marsden, 21 February 2015

Varoufakis’ essay on becoming an “erratic Marxist” is a damning exposure of the political role of the new Syriza-led government in Greece and the social layer that it represents.

Schäuble’s arrogance towards Greece and the class divide in Germany

By Peter Schwarz, 21 February 2015

Schäuble's arrogant attack on Greece is primarily directed at opposition to austerity in the working class in Germany and across Europe.

German finance minister demands unconditional surrender from Greece

By Christoph Dreier, 20 February 2015

As it negotiates the terms of surrender, Syriza is not being allowed even the mildest concessions needed to maintain some small degree of political credibility.

Germany and EU look set to reject Greece’s request for six-month loan extension

By Robert Stevens, 19 February 2015

German Finance Minister Wolfgang Schäuble denounced a new Greek proposal for a six-month loan extension and demanded further austerity measures.

A revealing Financial Times comment on the Greek debt crisis

By Nick Beams, 16 February 2015

Financial Times columnist advises Syriza-led government to stand firm in “high noon” showdown with euro zone finance ministers.

Pseudo-left embrace Syriza’s alliance with the Independent Greeks

By Chris Marsden, 16 February 2015

Various pseudo-left groups have moved from providing political apologies for Syriza’s coalition with the Independent Greeks to fully embracing the alliance as a model to be emulated

Fresh talks begin on forcing Greece to accept austerity package

By Robert Stevens, 14 February 2015

Since it was elected on January 25 on an anti-austerity ticket, Syriza has made one concession after another, including ditching pre-election pledges to write off a large part of the debt.

Greece’s Syriza government pledges to serve the EU

By Christoph Dreier, 13 February 2015

In the talks with the EU, the Syriza government is preparing to implement new austerity measures and "respect the European rules."

IMF announces new $17 billion loan agreement for Ukraine

By Niles Williamson, 13 February 2015

The latest multi-billion dollar loan agreement is a prelude to further attacks on the living standards of the working class throughout Ukraine.

Talks on Greek bailout terms break down

By Robert Stevens, 12 February 2015

The talks in Brussels on Greek bailout terms failed to reach agreement even on a statement of principles as to how discussions should proceed.

Syriza prepares to make a deal with the EU

By Christoph Dreier, 11 February 2015

The Greek government has announced a ten-point program that retains large parts of the previous government’s austerity program.

Meeting in Moscow fails to produce agreement as US plots escalation in Ukraine

By Niles Williamson, 7 February 2015

The meeting between Merkel, Hollande and Putin took place amidst threats by the US to directly arm the regime in Kiev that was installed in a right-wing coup one year ago.

Europe on the brink of war

By Alex Lantier, 7 February 2015

“Unfortunately, war with Russia is conceivable,” former Swedish Prime Minister Carl Bildt told the Frankfurter Allgemeine Zeitung at the Munich Security Conference.

German chancellor seeks to push Hungary away from Russia

By Markus Salzmann, 7 February 2015

The Hungarian prime minister has criticised Western sanctions against Russia, declaring they would “harm us more than Russia.”

Syriza capitulates to the European Union

By Peter Schwarz, 7 February 2015

Syriza leaders are traveling across Europe to assure governments they can rely on the party to push through “deep reforms."

NATO doubles combat forces in Eastern Europe

By Johannes Stern, 6 February 2015

The imperialist powers are massing their troops to compel Russia to make concessions and subordinate itself to their interests in Eastern Europe and Asia.

Germany demands Greek austerity as Syriza pledges “frenzy of reasonableness”

By Robert Stevens, 6 February 2015

At a press conference with his German counterpart, Greece’s new finance minister pleaded with the European powers to “use us to implement the European programme.”

Tsipras rushes to reassure EU, banks on Greek debt

By Robert Stevens, 2 February 2015

If Greece fails to reach an agreement with its creditors on €3.5 billion due in February and March, funding could be withdrawn from its banks.

The class character of Syriza revealed

By Robert Stevens, 30 January 2015

The bourgeois character of the new Greek government is exposed first of all in Syriza’s political alliance with the Independent Greeks, a right-wing nationalist party.

EU foreign ministers toughen sanctions against Russia

By Johannes Stern, 30 January 2015

In the first foreign policy action of the new Syriza government, Greece agreed to new measures to step up the US-EU economic war against Moscow.

Syriza wins Greek elections

By Alex Lantier, 26 January 2015

While the election result reflects broad popular opposition to austerity in Greece and across Europe, Syriza is committed to the EU, the euro and the defense of capitalism.

On-the-spot coverage from Greece

Greek students describe social crisis facing youth

By our reporters, 26 January 2015

The economic crisis has forced hundreds of thousands of Greek workers and young people to leave the country in search of jobs and better prospects.

The election in Greece and the political tasks of the working class

By Peter Schwarz, 24 January 2015

Despite its left-wing facade, Syriza is a bourgeois party that rests on affluent layers of the middle class.

Financial markets celebrate European Central Bank launch of €1 trillion quantitative easing program

By Nick Beams, 23 January 2015

The measure will have little or no impact on the real economy. Rather, it is aimed at making available further supplies of ultra-cheap cash for financial speculation.

Unemployed Greek workers face desperate situation

By our reporters, 23 January 2015

Mass unemployment has been a permanent feature of Greek life since the imposition of austerity measures in 2010.

EU foreign ministers discuss attacks on democratic rights, provocations against Russia

By Julie Hyland, 22 January 2015

The meeting underscored the inseparable link between imperialist militarism in the Middle East, war preparations against Russia, and the drive to dictatorship.

European Central Bank appears set to introduce quantitative easing

By Nick Beams, 21 January 2015

European stock markets rose to seven-year highs this week in anticipation that the ECB will decide tomorrow to start purchasing sovereign bonds.

Arrests follow terror raids across Europe

By Chris Marsden, 17 January 2015

Governments throughout Europe have lost no time in using anti-terror police raids in Belgium, France and Germany to whip up a climate of fear and justify demands for further repressive measures.

Financial markets rocked by decision to abandon ceiling on Swiss franc

By Nick Beams, 16 January 2015

The decision by Swiss authorities to end the franc’s fixed relationship to the euro has led to one of the most rapid currency appreciations in history.

SYRIZA’s “anti-oligarch” policy: A call to global finance to raid Greece

By Robert Stevens, 16 January 2015

The Financial Times is trumpeting SYRIZA’s policy because it offers rich pickings for the global financial oligarchy

European powers implement police state measures in wake of Charlie Hebdo attack

By Ulrich Rippert, 14 January 2015

Governments throughout Europe are exploiting the shock and confusion generated by the assault on Charlie Hebdo to push through policies that have long been prepared.

Euro zone officially tips into deflation

By Stefan Steinberg, 9 January 2015

More than six years since the 2008 financial crash, Europe is beset by economic stagnation.

Tsipras urges Greek pseudo-left groups to rally behind SYRIZA

By Robert Stevens, 8 January 2015

SYRIZA is asking the pseudo-left outfits to join a government dedicated to the defence of capitalism.

German government threatens to force Greece out of euro zone

By Johannes Stern, 6 January 2015

German leaders are threatening Greece with an exit from the euro zone if the new government does not uphold the agreements reached with the European Union.

SYRIZA’s programme for the rescue of Greek and European capitalism

By Robert Stevens, 6 January 2015

SYRIZA’s programme has been developed in the course of intense discussions with leading political representatives of the international financial elite.

Sharp market falls over euro and oil price slump

By Nick Beams, 6 January 2015

The main factor in the fall in US markets appears to have been the further sharp decline in oil prices.

Lithuania adopts the euro

By Markus Salzmann, 5 January 2015

Lithuania is the third and last Baltic state to introduce the euro.

European Central Bank president’s interview sends euro to four-year low

By Nick Beams, 3 January 2015

ECB President Mario Draghi has taken another step to full quantitative easing amid increasing deflationary pressures.

Two dead, dozens injured in three separate attacks in France

By Kanda Gabriel and Kumaran Ira, 31 December 2014

The three attacks prior to Christmas have been used to stoke fears of Islamist attacks in retaliation for French involvement in wars in the Middle East and Africa.

As Greek government collapses, Berlin demands more austerity

By Christoph Dreier, 30 December 2014

German political and business figures responded aggressively to the failure to elect a Greek president, making clear they will give no ground on austerity policies.

Corporations reached secret deals with Luxembourg to avoid tax payments

By Jean Shaoul, 22 December 2014

The tax deals deprived tax revenue to governments around the world, all of which now claim that public services are unaffordable.

The European powers and CIA torture

By Chris Marsden, 20 December 2014

The European powers have issued only pro-forma and self-serving statements on the US Senate report into torture and extraordinary rendition by the US and its allies.

European Union ramps up sanctions against Russia amid ruble crisis

By Alex Lantier, 20 December 2014

Despite concerns about the impact on the European economy of a possible collapse of the Putin government, an EU summit kept up Europe's financial strangulation of Russia.

Escalating tensions between Russia and the West over Balkan energy

By Paul Mitchell, 12 December 2014

Russian Foreign Minister Sergei Lavrov has warned against NATO expansion in the region, which is seen as a provocation against Russia.

NATO prepares “rapid reaction force” for confrontation with Russia

By Bill Van Auken, 3 December 2014

As the NATO foreign ministers met in Brussels, the US military moved to deploy tanks and armored vehicles near Russia’s borders.

Spain wracked by corruption scandal

By Carlos Hernández, 3 December 2014

The scandals have revealed the criminality at the heart of the country’s now shipwrecked economic boom.

The fight against war and the political tasks of the Socialist Equality Party (Britain)

28 November 2014

This statement was adopted unanimously by the Second National Congress of the Socialist Equality Party (Britain) on October 28.

Right-wing minority government formed in Bulgaria

By Anna Rombach and Markus Salzmann, 15 November 2014

The formation of a far-right minority government led by Prime Minister Boyko Borisov and his party will intensify the crisis in the European Union’s poorest member state.

Luxembourg tax avoidance scandal rocks European Union

By Jean Shaoul, 14 November 2014

Leaked documents show how 340 multinational groups set up corporate structures to avoid taxes.

Catalan independence poll mobilises core nationalist vote

By Paul Mitchell, 11 November 2014

Turnout for a poll that was heralded as decisive for the future of Catalonia was just 37 percent.

European Central Bank seeks to reassure financial markets

By Nick Beams, 7 November 2014

ECB president Mario Draghi insisted that the bank stands ready to inject up to one trillion euros into the financial system.

Podemos party tops opinion poll in Spain

By Alejandro López and Paul Mitchell, 6 November 2014

The polling success for Podemos is a sign of the volatile political situation in Spain and the collapse of support for the establishment parties.

UK Tories in conflict with Merkel government over limiting EU immigration

By Robert Stevens, 5 November 2014

High level sources within the German government have indicated they are prepared to see Britain leave the European Union.

The European Union uses death to deter immigrants

By Martin Kreickenbaum, 5 November 2014

Under pressure from the EU, the Italian government has ended its Mare Nostrum rescue program and will permit tens of thousands of refugees to drown in the Mediterranean Sea.

France, Italy vow more social cuts as EU approves their 2015 budgets

By Anthony Torres, 3 November 2014

In the negotiations, the French and Italian governments agreed to impose deep attacks on the social rights of the working class.

Gas dispute between Ukraine, EU and Russia threatens to escalate

By Clara Weiss, 29 October 2014

A cutoff of Russian gas supplies to the EU would spell economic disaster for a number of European countries.

Anti-terror law passed by the French Senate attacks democratic rights

By Anthony Torres, 28 October 2014

The bill is an attack on freedom of movement as defined by international law and vastly expands the state’s ability to censor political speech.

UK Tories intensify anti-EU, anti-immigrant rhetoric

By Chris Marsden, 24 October 2014

Prime Minister David Cameron has pledged to make immigration reform the centrepiece of a renegotiation of Britain's relationship with the European Union.

France, Germany hold talks on EU approval of France’s 2015 budget

By Kumaran Ira and Alex Lantier, 21 October 2014

Paris and Berlin are working on a behind-the-scenes deal for intensified, long-term austerity measures against the working class.

European Union threatens to veto France’s 2015 budget

By Stéphane Hugues and Alex Lantier, 14 October 2014

The French ruling class is considering even more ferocious austerity measures in response to the demands of the banks and the European Commission.

Romania joins imperialist war drive against Russia

By Andrei Tudora and Tina Zamfir, 11 October 2014

The imperialist drive to the east poses big dangers for the working class of Moldova and Romania.

European Union ends rescue mission for refugees

By Martin Kreickenbaum, 6 October 2014

The EU is shelving any measures to rescue refugees from drowning on their way to Europe.

Serbian government slashes wages and pensions

By Paul Mitchell, 3 October 2014

Cuts announced by Prime Minister Vucic will see public sector salaries over €211 per month reduced by around 10 percent and those above €844 cut by 20 percent.

Spain’s most powerful banker warned of “radicalisation”

By Vicky Short, 22 September 2014

Four days before his death on September 10, Emilio Botín invited Spanish journalists to a dinner at which he revealed his fears about the “radicalisation” of Spain.

European Union responsible for drowning of refugees in Mediterranean

By Martin Krieckenbaum, 19 September 2014

More than 25,000 refugees have died trying to enter Europe since 2000.

Ukrainian and European parliaments adopt EU Association Agreement

By Peter Schwarz, 18 September 2014

The Association Agreement will go down in history as a dirty deal struck between the imperialist powers of Europe and Ukrainian oligarchs at the expense of the working class.

US and EU expand economic sanctions against Russia

By Niles Williamson, 13 September 2014

Banks affected by the new economic restrictions include Russia’s largest lenders Sberbank, Gazprombank and Rosselkhozbank.

Troika demands further austerity in Greece

By Robert Stevens, 13 September 2014

Greece has to demonstrate that it has imposed the necessary attacks on workers living standards and will match an agreed timetable for further measures to receive additional loans.

Beppe Grillo’s M5S promotes European imperialism

By Marc Wells, 12 September 2014

A leading spokesman for the right-wing Italian party criticized Washington’s role in order to advance the interests of Italian and European capital.

European sanctions complement military aggression against Russia

By Clara Weiss, 5 September 2014

EU and US sanctions are aimed at bringing the Russian economy to its knees, exacerbating social tensions and rallying Russian oligarchs against President Vladimir Putin.

European Central Bank cuts rates and announces asset purchasing program

By Nick Beams, 5 September 2014

The European Central Bank has launched a new round of financial stimulus in the face of worsening economic conditions in Europe.

Polish Prime Minister Tusk to become new EU Council president

By Christoph Dreier, 4 September 2014

The appointment of Tusk as EU Council president is a provocative signal of plans to escalate the confrontation with Russia.

Economic data show gathering global slump

By Nick Beams, 3 September 2014

Monetary stimulus has failed to halt recessionary trends in the global economy.

Ukraine and the militarization of Europe

By Peter Schwarz, 2 September 2014

The politics of the European bourgeoisie is a mixture of ruthless aggression and desperation. Confronted with the hopeless crisis of their system, they are rushing toward a catastrophe, just as they did in 1914 and 1939.

US and Europe escalate provocations against Russia

By Johannes Stern, 1 September 2014

This weekend’s EU summit in Brussels marked a major escalation of threats against Russia, raising the specter of full-scale war between Russia and NATO.

UK announces new NATO military force, declares terror alert

By Robert Stevens, 1 September 2014

Prime Minister David Cameron recently stated that the UK’s “military prowess” is available for use in the Middle East.

Western threats against Russia increase danger of nuclear war

By Johannes Stern, 30 August 2014

The moves toward Ukrainian membership in NATO underscore the fact that next week’s NATO summit will be aimed at preparing for a possible war against Russia.

Ukrainian economy in free fall

By David Levine, 26 August 2014

Kiev is scrambling to secure the second tranche of an IMF loan, as its military onslaught against the southeast and austerity policies intensify the economic crisis.

Italian government sends weapons to northern Iraq

By Marianne Arens, 25 August 2014

Italy’s dispatch of weapons to the Kurdish Peshmerga in Iraq is part of a wider aggressive policy pursued by Germany and the EU.

EU advisors advocate use of military against strikes and protests

By Denis Krassnin, 19 August 2014

An EU think tank has advised governments to protect the rich from the poor by suppressing social protests.

Ukrainian army steps up offensive in the east

By Christoph Dreier, 19 August 2014

On Sunday German foreign minister Frank-Walter Steinmeier warned that “we continue to slide into a direct confrontation between Russian and Ukrainian combat forces.”

French government staggered by mounting economic crisis

By Kumaran Ira and Alex Lantier, 16 August 2014

According to internal accounts, the French government is in total disarray as its projections show a deflationary spiral and economic collapse gripping Europe.