Greece

• Éric Toussaint: “Greece must unilaterally suspend repayment of its debt.”

  
  by Éric Toussaint, Tassos Tsakiroglou

  1 March 2013

  “In Greece, the ruling class and the government are destroying democracy,” Eric Toussaint, professor of political science and militant, told the Greek daily Ef. Syn. According to Eric Toussaint, only a determined government which has the support of the people will be able to find a solution to the debt problem. In his view, SYRIZA must not slide towards more moderate positions. Greece seems to be remaining at the center of the debt crisis. You have said that the Greek people, while being (...)

• Greece and Spain helped postwar Germany recover. Spot the difference

  by Nick Dearden

  27 February 2013

  Sixty years ago, half of German war debts were cancelled to build its economy. Yet today, debt is destroying those creditors Sixty years ago today, an agreement was reached in London to cancel half of postwar Germany’s debt. That cancellation, and the way it was done, was vital to the reconstruction of Europe from war. It stands in marked contrast to the suffering being inflicted on European people today in the name of debt. Germany emerged from the second world war still owing debt that (...)

• Greece

  ‘Shame is our biggest enemy’

  by Nick Dearden

  26 February 2013

  We woke up to find the Bulgarian Government had fallen, after trying to impose exactly the sort of austerity programmes being witnessed right across Europe. In a country with the lowest wages in Europe, the recent privatisation of energy caused prices to rocket, leaving some families spending the majority of their wages on heating. International institutions applauded loudly. Bulgaria’s people felt differently. More extraordinary than the collapse of the Government was the statement of the (...)

• Beware of Europeans bearing gifts

  by Nick Dearden

  26 February 2013

  President Hollande of France was in Greece earlier this week, offering friendship and much needed investment to the economy. It’s interesting to discover today what he means by ‘investment’. Essentially Hollande is trying to position French companies to take advantage of the privatisation of Greece’s water, energy and railways, as well as forming a partnership to ‘help’ with the search for oil and gas in the region. The generous Hollande is also loaning naval frigates to Greece, with the (...)

• The Terrifying Rise of the Far-Right

  by Nick Dearden

  26 February 2013

  High school teacher Costas was late for a meeting we’d planned because a student of immigrant parents had been abused by two Greek students with a history of racist activities. “This sort of thing is new” he explained to us. “Of course we had some incidents before, but now they are marked by a wider ideology. It’s a minority, but we now have students that have joined Golden Dawn.” The rise of Golden Dawn is one of the most terrifying aspects of the Greek crisis. Opinion polls have suggested this (...)

• Greece

  The future is emerging

  by Nick Dearden

  26 February 2013

  In the centre of Athens, the depth of the crisis can now be measured by the number of homeless people sitting and sleeping on every block. These are the victims of the financiers and politicians of Europe; the ‘collateral damage’, as they are undoubtedly seen, of the policies of austerity. The homeless are just the surface of a sea of suffering, shock and anger. We met a public sector trade unionist – an archaeologist by profession – who told us that two of her friends had already killed (...)

• International CADTM network Press release

  Greece: ’The belly is still fertile from which the foul beast sprang’ (Brecht, Arturo Ui)

  
  by CADTM international

  25 February 2013

  Responding to direct racist threats from the nazi party Golden Dawn against one of the founding members of CADTM Greece Moisis Litsis*, the international CADTM network wishes to highlight how serious a danger the rise of fascism is, a development that is the direct consequence of the deterioration of social conditions imposed by creditors claiming that paying public debts is more important than fundamental human rights. The neonazi magazine Stohos published a ‘biographical note’ on Moisis (...)

• Goodnight Greece – Good morning Colony!

  by Greek Debt Audit Campaign

  30 November 2012

  Announcement on the November 27 Eurogroup decision On November 27th the Eurozone’s Council of Finance Ministers announced its decisions regarding the Greek public debt. This decision, deadly for Greece’s fiscal situation, destroys the lives of the people, putting their interests behind the interests of the creditors. It allegedly lowers Greek debt by 40 billion euros, by lowering interest rates, extending interest repayments, providing for a debt buy back scheme, and extending loan (...)

• Firenze 10+10 attempts to wake-up Europe’s activists: how much longer can we abandon Greece?

  by Nick Dearden

  21 November 2012

  Ten years ago 60,000 activists converged in Florence for the first European Social Forum to discuss building another world. That meeting, four months before the invasion of Iraq, catalysed the largest demonstrations Europe has ever seen on 15 February 2003, not to mention the international campaign for tax justice, a financial transactions tax and more besides. The campaign against Third World debt was a major issue at the event. This weekend we met in Florence again, and again debt was (...)

• The Greek Debt, under the light of Constitutional and International Law

  by George Katrougalos

  19 November 2012

  A- Origins and causes of the Greek crisis and the “Memoranda” cure The Greek crisis is the product of a confluence of three factors: a) the general crisis of neoliberal capitalism, due to the systematic failure of financial deregulation and labour “liberalization”. b) the unbalanced construction of the European Monetary Union and the gradual abandonment of the European social model towards a neoliberal system of social regulation. c) A corrupt political system which was in deep crisis even (...)

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