Austerity fallout: Portugal’s elderly barely surviving with charity and cold showers.
Britain to launch national day of action against austerity.
Tsipras lambasts ‘absurd proposals’ of creditors for Greece debt-deal failure | Business | The Guardian.
Professor Leo Panitch on the state of Greece’s debt negotiations with the Troika, from The Real News Network.
Spain: Madrid and Barcelona show — the greater the unity on the left, the bigger the win | Links International Journal of Socialist Renewal.
Spain, Poland and Greece: shudders in Europe’s political foundations | Paul Mason. “The economy’s recovering, so why are you punishing us?” That is the subtext of mainstream conservative responses to the two big election shocks last night. In Spain, the radical left, campaigning under various regional brand-names linked to the new Podemos party, caused a … More Spain, Poland and Greece: shudders in Europe’s political foundations | Paul Mason
Podemos fuels hopes for Spain’s emigrated youth to return home. by Mischa Wilmers Over the last two years, Spain’s political landscape has been transformed by the emergence of the progressive, anti-austerity party, Podemos (“We Can”). Formed in 2014, the party has already built a membership of over 350,000. In opinions polls, it matches the country’s … More Podemos fuels hopes for Spain’s emigrated youth to return home
Originally posted on The Greek Analyst:
Syriza’s Left Platform, spearheaded by Minister of Productive Reconstruction, Environment and Energy, Panagiotis Lafazanis, issued a document during today’s meeting of the Central Committee of SYRIZA, which will come for a vote later in the day. The document calls – once again! – for the rupture with the lenders. Specifically, it asks…
The strikes sweeping Germany are here to stay | Wolfgang Streeck | Comment is free | The Guardian. German strikes once seemed like German jokes: a contradiction in terms. But no more: this year, Europe’s largest economy is on course to set a new record for industrial action, with everyone from train drivers, kindergarten and … More The strikes sweeping Germany are here to stay | Wolfgang Streeck | Comment is free | The Guardian
Originally posted on The Greek Analyst:
The Communist Faction of SYRIZA has initiated a signature-collecting campaign among the many members of the party. In a text to be submitted in the Central Committee of the party on the upcoming weekend (23-24 May) – in the form of a referendum – the Communist Faction is asking…
Why Greece’s Syriza party is not sticking to the script on an IMF deal | Paul Mason | Paul Mason. The leaked IMF document seen by Channel 4 News last weekend effectively signals a three-week endgame in the Greek debt stand-off. The IMF thinks there is “no possibility” that Greece can meet €11bn worth of … More Why Greece’s Syriza party is not sticking to the script on an IMF deal | Paul Mason | Paul Mason
Temporary and part-time jobs surge promotes inequality, says OECD | Business | The Guardian. Heather Stewart A surge in self-employment and temporary or part-time jobs over the past two decades has been a key factor behind the rise in inequality in the world’s industrialised countries, according to a major new study by the Organisation for … More Temporary and part-time jobs surge promotes inequality, says OECD | Business | The Guardian
Europe faces second revolt as Portugal’s ascendant Socialists spurn austerity – Telegraph. By Ambrose Evans-Pritchard Europe faces the risk of a second revolt by Left-wing forces in the South after Portugal’s Socialist Party vowed to defy austerity demands from the country’s creditors and block any further sackings of public officials. “We will carry out a … More Europe faces second revolt as Portugal’s ascendant Socialists spurn austerity – Telegraph
By Lenka Ponikelska Greece’s exit from the euro would unleash turmoil whose fallout will far exceed the cost of staying in the currency union, said U.S. economist Barry Eichengreen. Reintroducing the drachma would solve none of Greece’s problems and instead set the stage for “even more chaos and uncertainty,” Eichengreen, a professor at the University … More ekathimerini.com | Greece toying with ‘chaos’ has Eichengreen urging lesser evil
Spain’s Gag Law: spectre of an authoritarian past. by Carlos Delclós On Friday 10 April 2015, holographic images of about 2,000 protestors from all over the world were projected onto the facade of the Spanish Parliament by the citizen platform No somos delito (“we are not a crime”). Images of people are projected onto a … More Spain’s Gag Law: spectre of an authoritarian past
Would leaving euro be more of a catastrophe for Greece than staying? | Business | The Guardian. Larry Elliot Yanis Varoufakis rues the day when Greece joined the euro. The Greek finance minister says his country would be better off if it was still using the drachma. Deep down, he says, all 18 countries using … More Would leaving euro be more of a catastrophe for Greece than staying? | Business | The Guardian