The full contents of the agreement signed between the Socialist Party and the Left Bloc can be read here. Source: Full Contents of the Agreement between Socialist Party and Left Bloc | Esquerda Advertisements
After topping voter intention polls, the party is falling behind rival Ciudadanos as it seeks to redefine its position and message Source: Spanish politics: Why is Podemos losing ground? | In English | EL PAÍS
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
Constitutional crisis looms after anti-austerity Left is denied parliamentary prerogative to form a majority government Source: Eurozone crosses Rubicon as Portugal’s anti-euro Left banned from power – Telegraph
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
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
Source: Is Portugal a poster child for austerity?
The center-right coalition, whose reform zeal won Berlin’s admiration, looks short of an outright majority. Source: Portugal’s austerity government wins – POLITICO
An interesting array of candidates for prime minister. Source: 9 faces to watch in Portugal’s election – POLITICO
By Hugo Coelho for the New Statesman – Antonia Costa’s socialists face an unpalatable choice: grand coalition with the right, or cohabitation with die-hard communists on the left. Source: In Portugal, the Left is caught between two extremes
Dutch economist Maarten Verwey has unprecedented powers as his taskforce oversees the implementation of Greece’s cash-for-reforms rescue package Source: Eurozone’s enforcer ready to keep Greece’s new leader in line | World news | The Guardian
So divided has SYRIZA’s youth wing become over the direction of Greece’s leftist party, that when its council planned to convene at the end of August, the meeting was abandoned. Too many of its 71 members were on the point of quitting. Source: Ahead of Greek election, SYRIZA’s ‘lost generation’ deserts Tsipras | Comment | … More Ahead of Greek election, SYRIZA’s ‘lost generation’ deserts Tsipras | Comment | ekathimerini.com
Yanis Varoufakis: bailout deal allows Greek oligarchs to maintain grip | Business | The Guardian.
Swapping one mirage for another: the Left’s turn away from social Europe.
Why Greece’s ritual humiliation won’t kill off Europe’s revolutionary Left – Telegraph.
Euros discarded as impoverished Greeks resort to bartering | World news | The Guardian.
There has been no paucity of allusions to Greek tragedy when discussing the current negotiations between Greece and its European creditors: Syriza caught between Scylla of austerity and the Charibdas of ‘Grexit’; Greece’s Sisyphean task of paying down its debt through contractionary austerity policies; the Pyrrhic victory of the no campaign in the austerity referendum; … More Capitalism and Democracy in Greece
Cracks in the Deal? | Jacobin.