Union membership figures plunge. And the future looks worse | Greg Jericho | Comment is free | The Guardian

Penetration of union membership is now down to 13.8% and is even lower among young workers. The unions have a big job on their hands to stay relevant Source: Union membership figures plunge. And the future looks worse | Greg Jericho | Comment is free | The Guardian

Surge in Portuguese Left Bloc Support Puts Socialist Party on the Spot | The Bullet No. 1179

Will Portugal finally see the end of austerity as administered for four years by the right-wing coalition (known as Portugal Ahead) composed of the Social-Democratic Party (PSD) and Democratic and Social Centre-People’s Party (CDS-PP)? In the country’s legislative October 4 elections this governing alliance, running for the first time as a single ticket called Portugal … More Surge in Portuguese Left Bloc Support Puts Socialist Party on the Spot | The Bullet No. 1179

Passos Coelho asked to form minority government in Portugal – FT.com

Pedro Passos Coelho, the centre-right prime minister who lost his parliamentary majority in Portugal’s inconclusive general election three weeks ago, has been appointed to form what could be a shortlived minority government. President Aníbal Cavaco Source: Passos Coelho asked to form minority government in Portugal – FT.com

Defiant Portugal shatters the eurozone’s political complacency – Telegraph

Brussels faces a second anti-austerity revolt as the Portuguese Left tears up the script and demands the right to govern Source: Defiant Portugal shatters the eurozone’s political complacency – Telegraph The secretary-general of the Portuguese Socialist Party, Antonio Costa, appears on Saturday after the election results are made public Photo: EPA By Ambrose Evans-Pritchard 8:45PM BST … More Defiant Portugal shatters the eurozone’s political complacency – Telegraph

The Eurozone Crisis, Collective Bargaining, Labour Market Reform and Austerity, 2010-2015

By the summer of 2010, the financial crisis initiated by overleveraged financial institutions had been transformed into a sovereign debt crisis. This was a deliberate tactic of ‘crisis management’ by neo-liberally minded European elites to protect their financial sectors. State intervention to the tune of billions of pounds and Euros recapitalized the banking sectors of … More The Eurozone Crisis, Collective Bargaining, Labour Market Reform and Austerity, 2010-2015