By Barry Grey, 26 September 2011
The annual meetings of the International Monetary Fund (IMF) and World Bank in Washington DC concluded Sunday with no agreement on specific measures to avert a default by Greece and the threat of a new financial meltdown and global depression.
By Christoph Dreier, 24 September 2011
Neither the austerity measures nor the latest tranche of the “rescue packet” will resolve the crisis gripping Greece, which faces looming bankruptcy.
By Markus Salzmann, 24 September 2011
After months of continual parliamentary crisis, the Slovenian minority government led by Premier Borut Pahor was ousted from office following a vote of no confidence on Tuesday.
By David Walsh, 23 September 2011
Tens of thousands of Greek public transport workers, teachers, civil servants and air traffic controllers walked off the job Thursday to protest the latest round of austerity measures announced by the PASOK government.
By Alejandro López, 22 September 2011
This week, teachers and students across Spain are protesting against education cuts.
By Barry Grey, 20 September 2011
The European Union, European Central Bank and International Monetary Fund, acting in behalf of the international banks, are demanding a new round of austerity measures against the Greek working class.
By Paul Mitchell, 20 September 2011
Fitch Ratings warned last week that Spain’s credit rating could be downgraded because the country’s regions have fallen behind schedule on deficit-reduction targets, economic growth had been poor and public funds to rescue banks had been larger than forecast.
By Barry Grey, 17 September 2011
European Union finance ministers delayed a decision on disbursing an 8 billion euro loan needed to avert a default by Greece next month and rejected proposals by US Treasury Secretary Timothy Geithner to expand the EU's bailout fund.
By Robert Stevens, 15 September 2011
With Greece verging on default, the PASOK government is escalating its austerity programme against an already pauperised population.
By Marianne Arens, 14 September 2011
Italian business and political circles take for granted their right to decide on the future of the oil and gas wealth of the country’s former colony, Libya.
By Barry Grey, 13 September 2011
The crisis of the common European currency and the region’s banking system intensified Monday amid mounting fears that Greece could soon default.
By Patrick Martin, 12 September 2011
The fighting took place as the Greek prime minister gave his annual address on economic policy.
By Alejandro López, 10 September 2011
The Spanish Constitution has been amended with a new article limiting the public deficit.
By Marc Wells, 7 September 2011
Hundreds of thousands of workers went on strike Tuesday and took to the streets to protest against the assault on their social rights.
By Marc Wells, 29 August 2011
The response of the Italian ex-leftists organized in Sinistra Critica to the government’s austerity measures reveals their essential approval for the social cuts, their class collaboration and nationalism.
By Paul Mitchell, 29 August 2011
The United Left (IU) has formed a so-called broad front in order to oppose the necessary creation of a socialist party of the Spanish working class.
By Markus Salzmann, 24 August 2011
The Slovenian government led by Premier Borut Pahor faces collapse following unpopular austerity measures and allegations of corruption.
By Alejandro López and Paul Mitchell, 23 August 2011
Pope Benedict XVI visited Spain last week to attend the World Youth Day 2011, held in Madrid.
By Alejandro López, 17 August 2011
The right-wing Popular Party mayor of Poyales del Hoyo has desecrated a mausoleum containing the remains of 10 victims executed by the fascists during the Spanish Civil War.
By Katerina Selin, 13 August 2011
A look at the social situation in Greece reveals the thoroughly inhuman character of the austerity measures demanded by the banks, EU and IMF.
By Ante Dotto, 9 August 2011
Tensions remain high after violent clashes broke out again at the end of last month on the Kosovo-Serbia border.
By Alejandro López, 8 August 2011
Protests by indignados (angry ones) of the 15-M movement have continued since last Tuesday, when 300 police forcibly evicted the 90 people remaining in Madrid’s main square, Puerta del Sol.
By Marc Wells, 8 August 2011
The Italian government is preparing further social austerity measures in response to the Thursday stock market crash and demands from investors for more anti-worker cuts.
By Alejandro López and Paul Mitchell, 5 August 2011
Spanish Prime Minister José Luis Rodríguez Zapatero has announced a snap general election four months earlier than scheduled, on November 20.
By Alejandro López, 4 August 2011
On Tuesday police forcibly evicted the remaining indignado protesters from the Puerta del Sol square in Madrid.
By Peter Schwarz, 3 August 2011
Under growing pressure from the financial markets, Spanish Prime Minister Jose Louis Zapatero has announced early elections for November 20, four months before the March 2012 deadline.
By Alejandro López, 1 August 2011
Esther Vivas, leader and spokeswoman of the Anti-capitalist Left (Izquierda Anticapitalista, IA) is receiving an extraordinary degree of media attention.
By Marianne Arens, 27 July 2011
Significant sections of big business are now pushing for an early change of government.
By Ante Dotto, 27 July 2011
Since the beginning of the year many people have gone on hunger strikes throughout Montenegro, the smallest of the states emerging after the breakup of Yugoslavia, with a population of around 620,000.
SEP holds meeting in Berlin
By a correspondent, 20 July 2011
At a meeting in Berlin last Saturday the chairman of the German Socialist Equality Party described the threat of the default by Greece as an expression of the global crisis of capitalism.
By Markus Salzmann, 18 July 2011
The push by the Kosor government and Brussels for Croatia’s entry into the European Union is designed to make it a low-wage country for exploitation by major European businesses.
By Marianne Arens, 15 July 2011
Under intense pressure from the financial markets, the government of Silvio Berlusconi announced on Tuesday that new austerity measures were to be enforced more quickly and ruthlessly than previously planned.
By Ulrich Rippert, 12 July 2011
On Monday the finance ministers of the 17 Euro-zone countries met at a hastily convened emergency meeting in Brussels to discuss the spread of the euro crisis to Italy.
By Stefan Steinberg, 9 July 2011
At a meeting in Berlin, the chairman of SYRIZA (the Coalition of the Radical Left) made an urgent appeal to the European political and financial elite to restructure their loans to Greece to avoid social unrest.
By Paul Mitchell, 8 July 2011
The downgrading of Portuguese bonds to junk status has provoked bitter recriminations from European Union leaders, who fear for the stability of the entire continent.
By Stefan Steinberg, 6 July 2011
The new package of austerity measures passed last week in Greece will have devastating consequences for the Greek and international working class.
By Stefan Steinberg, 2 July 2011
The French plan to roll over Greek debt was timed to send the right signals to the financial markets while influencing the debate in the Greek parliament on a new round of austerity measures.
By Peter Schwarz, 30 June 2011
The vote in the Greek Parliament approving another package of austerity measures marks a political watershed for the whole of Europe.
By Alejandro López and Paul Mitchell, 30 June 2011
There is massive opposition to the changes to workers bargaining rights approved by the Spanish Congress last week.
By Stefan Steinberg, 29 June 2011
The Greek government, in close cooperation with European politicians, bankers and the International Monetary Fund, is working frantically this week to push through parliament massive austerity measures overwhelmingly opposed by the Greek working class.
By Stefan Steinberg, 29 June 2011
Leading German industrialists and economists are arguing that Greece should either withdraw or be thrown out of the eurozone in order to avoid a breakup of the European Union.
By Ante Dotto, 28 June 2011
Five years after nominal independence, the social and political situation in Montenegro belies the claim that the break-up of Yugoslavia into “independent” states represented anything progressive.
By Markus Salzmann, 27 June 2011
Slovenia’s conservative opposition parties are poised to oust the current government, in order to subject the country to the social devastation demanded by the EU and IMF.
By Antoine Lerougetel, 27 June 2011
Leaked internal documents reveal that PSA, the French Citroën-Peugeot car manufacturer, intends to close three of its plants.
By Peter Schwarz, 24 June 2011
The call for “no politics” is itself a political program, and one of the vilest sort. It is exclusively directed against a genuine, leftist perspective dedicated to the political independence of the working class.
By our correspondents in Athens, 23 June 2011
In the early hours of Wednesday morning the newly reshuffled cabinet of Greek Prime Minister George Papandreou won a no-confidence vote by a slim majority.
By Robert Stevens, 23 June 2011
The ending of the occupation of Madrid’s main Puerta del Sol square after more than three weeks provides an occasion to address the “autonomy/no politics” perspective advanced by its leadership.
By Nick Beams, 22 June 2011
The diktat handed down by the International Monetary Fund demanding the imposition of even harsher austerity measure before the release of the €12 billion final tranche of the current Greek bailout package marks a sharp turn in the unfolding European financial crisis.
By Marianne Arens, 22 June 2011
The latest referendums in Italy in mid-June inflicted another political defeat on Prime Minister Silvio Berlusconi.
By our correspondents in Athens, 21 June 2011
The hectic political manoeuvres in Brussels and Athens in recent days aim to impose a new round of bank bailouts and social cuts on the devastated Greek population.
By Alejandro López, 21 June 2011
Hundreds of thousands of people demonstrated against austerity measures in 50 cities across Spain on Sunday.
By Alejandro López, 20 June 2011
More evidence is emerging of the use of undercover provocateurs in the vicious police attack on a demonstration in Barcelona last Wednesday.
By Stefan Steinberg, 17 June 2011
Commentators agree that any compromise between Berlin and Paris would only provide a temporary breathing space to Greece and postpone what is increasingly regarded as the inevitable outcome—a sovereign default resulting in a new European and international finance crisis.
By Alejandro López, 17 June 2011
Last Wednesday up to 3,000 protestors gathered in front of the Catalán parliament in Barcelona.
By Stefan Steinberg, 16 June 2011
Yesterday the Greek Prime Minister George Papandreou proposed a pact with the country’s conservative opposition party, New Democracy, to form a national unity government to continue making unpopular social cuts.
By Stefan Steinberg, 15 June 2011
A one-day strike called by Greece’s trade unions against the latest social cuts demanded by the PASOK government poses pressing questions of political perspective to all class-conscious workers.
By Stefan Steinberg and Alex Lantier, 13 June 2011
The Greek government has announced major new spending cuts, amid rising occupations of city squares and strikes against social cuts.
By Chris Marsden, 10 June 2011
The defeat of Portugal’s Socialist Party government in the June 5 election has brought forth a plethora of articles on the rout suffered by Europe’s social democratic parties.
By Stefan Steinberg, 8 June 2011
In their totality the cutbacks demanded by the EU at the behest of the banks amount to a social counterrevolution.
By Chris Marsden, 7 June 2011
Portugal’s general election has ended in defeat for the ruling Socialist Party (SP) of Jose Sócrates and victory for the centre-right opposition Social Democrats (PSD).
By Ante Dotto, 6 June 2011
Social discontent and anger is palpable in Serbia, as protests grow among farmers and sections of workers in defence of their jobs.
By Andre Damon, 4 June 2011
International financial officials signaled Friday that more bailout money would be forthcoming for Greece next month, after the Greek government pledged to implement billions of euros in cuts and privatizations.
By Paul Mitchell, 4 June 2011
The ruling elite in Portugal are planning a social counter-revolution following the general election on Sunday June 5.
By Andre Damon, 3 June 2011
The Greek Government is preparing to announce another €6.4 billion in austerity measures today after Moody's, the debt rating agency, cut the country's credit rating three notches.
By Robert Stevens, 3 June 2011
Protesters in Madrid’s Puerta Del Sol square have insisted to World Socialist Web Site reporters that the demonstrations by “los indignados” have “no leadership” and are organised by “autonomous” collectives, commissions and assemblies.
By Peter Schwarz, 2 June 2011
In Greece—and in a similar manner in Portugal, Ireland and Spain—the ruling class is carrying out a counterrevolutionary offensive against the working class.
By Chris Marsden and Markus Salzmann, 1 June 2011
The former chief of staff of the Bosnian Serb Army in the Republica Srpska during the 1992-95 civil war was extradited to the Netherlands on Tuesday, where he will stand trial at the Hague for war crimes.
By Marianne Arens, 1 June 2011
The Italian government coalition of Prime Minister Silvio Berlusconi suffered a bitter defeat in local elections, losing the mayor’s office in Milan.
By Patrick O’Connor, 31 May 2011
The European financial elite is dispensing all pretence of basic democratic norms as it demands a new round of brutal austerity and privatisations.
By our reporters, 31 May 2011
On Sunday evening thousands of protesters voted to continue the occupation of Madrid’s Puerta del Sol square, in the “tent city” established in the immediate aftermath of the May 15 mass demonstration.
By our reporters, 30 May 2011
The occupation of Spain’s main Puerta del Sol Square in Madrid continued over the weekend, and protests are set to carry on next week.
By our reporters, 30 May 2011
WSWS reporters speak to Madrid’s “angry ones”.
By our reporters, 28 May 2011
Spanish police yesterday fired rubber bullets and beat protesters with truncheons in a vicious attempt to clear demonstraters from the Plaza de Cataluna square in Barcelona.
By Chris Marsden, 27 May 2011
The mass demonstrations in Spain that began on May 15 testify to the huge anger over the austerity measures imposed by the Socialist Party (PSOE) government.
By Alejandro López, 25 May 2011
The ruling PSOE has suffered its worst defeat in local and regional elections in history.
By Paul Mitchell, 23 May 2011
Tens of thousands protestors continue to occupy Madrid’s Puerta del Sol and other centres in numerous cities and towns across Spain, despite a government ban.
By Alejandro López, 21 May 2011
Tens of thousands more protestors continue to occupy Madrid’s Puerta del Sol, as well as the main squares in another 162 towns and cities.
By Alejandro López, 20 May 2011
Tens of thousands are continuing to protest in Madrid’s Puerta del Sol and other cities across Spain after last Sunday’s mass demonstrations.
By Marianne Arens, 14 May 2011
Italian fighter jets take off regularly from the Birgi Trapani air force base in Sicily and from the aircraft carrier Garibaldi, to drop their deadly cargo over the former Italian colony.
By Paul Mitchell, 14 May 2011
Reports that the Bank of Spain is considering the creation of a national “bad bank” to suck up the huge toxic debts of the country’s banks has heightened the prospect of a bailout by European Union and the International Monetary Fund.
By Stefan Steinberg, 13 May 2011
Two protesters were seriously injured by police, dozens more injured and over twenty arrested as police moved in violently to quell protests in the Greek capital on Wednesday.
By Peter Schwarz, 11 May 2011
Rumours about the possible withdrawal of Greece from the euro, and a secret meeting of European finance ministers, have triggered fierce conflicts within the European Union.
By Stefan Steinberg, 10 May 2011
One year after the bailout of Greece, Europe stands on the brink of disintegration, with attacks on the working class intensifying and conflicts mounting between the continent's leading powers.
By Marc Wells, 7 May 2011
In a May 2-3 vote, Fiat workers at the historic Bertone plant voted for a company plan supported by unions to invest €550 million and restructure labor relations along the lines of previous contracts at Pomigliano D’Arco and Mirafiori.
By Paul Mitchell, 6 May 2011
Early indications are that a terrible assault on the living standards of the working class is being launched in a society where unemployment is already at a record high 11 percent.
By Alejandro López and Vicky Short, 2 May 2011
On April 13 the executive president of Telefónica, Guillermo Ansaldo, announced at Investors’ Day in London the slashing of 20 percent of its staff over the next three years.
By Paul Mitchell, 22 April 2011
Last week, the International Criminal Tribunal for Yugoslavia in the Hague found two Croatian military leaders, General Ante Gotovina and Assistant Interior Minister Mladen Markac, guilty of war crimes and sentenced them to 24 years and 18 years imprisonment.
By Stefan Steinberg, 21 April 2011
After months of speculation and denials by the Greek prime minister and leading international finance chiefs, the Athens daily Eleftherotypia reported Monday that the Greek government has issued a request to the IMF and the EU to restructure Greece’s public debt.
By Marianne Arens, 20 April 2011
As the bombing of Libya enters its fourth week, Italy is looking for ways to participate more actively in the war.
By Antoine Lerougetel, 20 April 2011
Last Sunday French border police blocked rail traffic between France and Italy to prevent Tunisian immigrants from entering France via Italy.
By Alejandro Lopéz and Paul Mitchell, 19 April 2011
The Catalan Greens, Iniciativa per CatalunyaVerds (ICV), voted in favour of the war in Libya supported by the ruling Socialist Workers Party (PSOE) in Congress last month.
By Paul Mitchell, 15 April 2011
This week Spain’s Socialist Party (PSOE) Prime Minister José Luis Zapatero visited the Far East pleading for funds.
By Markus Salzmann, 15 April 2011
Political and social unrest has increased in the Balkan region during the past weeks and months.
By Alex Lantier, 14 April 2011
The Portuguese bailout is a reactionary, anti-democratic charade aimed at blocking a political challenge by the working class to austerity policies.
By Kumaran Ira, 11 April 2011
Last week, France took the unprecedented move of restoring border controls with Italy on April 7, after Rome granted temporary visas to thousands of African migrants.
By Nick Beams, 9 April 2011
The aim of the Portuguese bailout, expected to total at least €80 billion, is to prop up the European banks by imposing major cuts to the living standards and social conditions of the working class.
By Paul Mitchell, 9 April 2011
The European Union is demanding massive austerity measures in return for a multi-billion euro bailout requested by the Portuguese government on Thursday.
By Marc Wells and Alex Lantier, 9 April 2011
After imposing massive concessions contracts at automaker Fiat’s plants in Pomigliano D’Arco and Mirafiori, Fiat CEO Sergio Marchionne is emerging as the leader of a campaign to force cuts and attacks on collective bargaining throughout the Italian economy.
By Stefan Steinberg, 8 April 2011
In a new escalation of the euro crisis, Portugal became the third European country to ask the European Union and the International Monetary Fund for a loan.
By Paul Mitchell, 31 March 2011
Portugal edged closer to seeking a financial bailout this week, as the cost of government borrowing hit record highs.