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Greece

Greece Injured By EU

We are driving towards a coastal town Nea Makri, and Mr. Boutsiadis Georgios is recounting injustices Greece is facing: “People do realize what is going on, but they feel helpless. EU keeps coming up with new conditions, which are clearly serving its own interests and are certainly damaging to Greece. Now they tell us: ‘you have to sell your state companies, including those in energy and transportation sector.’ Sell it to whom? Sell it to them, to the companies in the West? Even as it is now, country is hardly producing anything, anymore…” I ask why doesn’t Greece leave Eurozone, rapidly and voluntarily. I ask the same question, on many different occasions: in Athens and on the islands. The answer is always identical: “Many people are afraid that re-introduction of drachma would mean devaluation and collapse of people’s savings.”

Tariq Ali: The Time Is Right For A Palace Revolution

Tariq Ali is part of the royalty of the left. His more than 20 books on politics and history, his seven novels, his screenplays and plays and his journalism in the Black Dwarf newspaper, the New Left Review and other publications have made him one of the most trenchant critics of corporate capitalism. He hurls rhetorical thunderbolts and searing critiques at the oily speculators and corporate oligarchs who manipulate global finance and the useful idiots in the press, the political system and the academy who support them. The history of the late part of the 20th century and the early part of the 21st century has proved Ali, an Oxford-educated intellectual and longtime gadfly who once stood as a Trotskyist candidate for Parliament in Britain, to be stunningly prophetic. Ali, when we met last week shortly before he delivered the Edward W. Said Memorial Lecture at Princeton University, praised the street clashes and open, sustained protests against the state that erupted during the Vietnam War.

Ending Austerity In Greece: Time For Plan B?

When the Eurogroup accepted Greece’s reform proposals on Tuesday, investors and EU leaders let out a collective sigh of relief: it appears that the bombshell of a disorderly Greek exit from the Eurozone has been diffused, at least until the start of the summer. In return for a significant roll-back of its campaign pledges, Greece’s freshly inaugurated government secured a four-month extension of its current bailout program and thereby managed to avert a potentially catastrophic bank run that would likely have resulted in Grexit. But while Greece’s creditors seemed content, the agreement immediately unleashed a bitter debate within the governing leftist party Syriza. Prime Minister Tsipras may have declared a tentative victory for his anti-austerity coalition, but some influential party members strongly criticized what they perceived to be an unacceptable climbdown.

Bankers Trump Greek Democracy In Europe

The negotiations clarified what the Greek government (and any other who defies the Troika) is facing. it is only because we have now had the experience of an anti-austerity government go to the wall in an attempt to reverse austerity within the eurozone that we can now contemplate the emergence of a significant anti-euro constituency within Greece. Further, there will be opportunities to build this: every time the troika rejects a needed reform, this can and should be held up as an object lesson in what Europe means. So, Syriza helped more than the re-election of New Democracy would have to understand the true situation. This will result in a debate within Syriza: . . . there will now be a huge argument within Syriza over the acceptance of this deal, and the old slogan of 'not one sacrifice for the euro' will make a come back. Manolis Glezos, an iconic figure from the antifascist resistance and prominent within Syriza, is the first to have gone public with his dissent. He is calling for a campaign up and down the party not to accept this deal, and will vote against it. He will not be the last. Next week, there will be a rally in Syntagma Square, with the slogan 'We're not afraid of Grexit'. He concludes describing this moment as "a nodal point and not the end point in the process of Greek workers finding a solution to their dilemma."

TTIP Negotiations Give Corporations Power Over Legislation

Since December 2013, NGOs, social movements, and politicians have harshly criticised the European Commission's (EC) proposal on 'regulatory co-operation' 1in the Transatlantic Trade and Investment Partnership (TTIP). They argue that a position paper, leaked back then, suggested the Commission was opening the door to massive influence by big business over future laws. Now, a leaked document shows the Commission is maintaining its course – nothing suggests it is taking civil society concerns into account. In a previous document from December 2014, the EC goes even further, suggesting limiting the policy space of municipalities and local authorities – though this idea is under fire and might not be part of the EU position, it is a sign that regulatory co-operation could prove to be not only very comprehensive, but outright dangerous to democracy.

A Greek Morality Tale

We hardly needed another test. Austerity had failed repeatedly, from its early use under US President Herbert Hoover, which turned the stock-market crash into the Great Depression, to the IMF “programs” imposed on East Asia and Latin America in recent decades. And yet when Greece got into trouble, it was tried again. Greece largely succeeded in following the dictate set by the “troika” (the European Commission the ECB, and the IMF): it converted a primary budget deficit into a primary surplus. But the contraction in government spending has been predictably devastating: 25% unemployment, a 22% fall in GDP since 2009, and a 35% increase in the debt-to-GDP ratio. And now, with the anti-austerity Syriza party’s overwhelming election victory, Greek voters have declared that they have had enough. So, what is to be done? First, let us be clear: Greece could be blamed for its troubles if it were the only country where the troika’s medicine failed miserably. But Spain had a surplus and a low debt ratio before the crisis, and it, too, is in depression. What is needed is not structural reform within Greece and Spain so much as structural reform of the eurozone’s design and a fundamental rethinking of the policy frameworks that have resulted in the monetary union’s spectacularly bad performance.

The Drumbeat For War Gets Louder

As of Monday—as of Monday’s New York Times, to be precise—we are now on notice. In all probability, in a matter of months the U.S. will begin sending lethal weapons to the Ukrainian military. Those named as part of the deliberations for this turn in policy include Secretary of State Kerry, National Security Adviser Susan Rice, Defense Secretary Hagel, Joint Chiefs chairman Martin Dempsey, and Philip Breedlove, the American commander of NATO’s military forces. Look at the list. Two soldiers, who by training and tradition think in terms of military capability alone, a Vietnam veteran turned Republican hawk who is not noted for his field of vision, and two Democrats of the breed lately achieving egregious prominence, the liberal interventionists. The take-homes here are two: One, be on notice, too, that there is little consequential opposition, if any, as Washington once more reiterates America’s right to pursue the providential mission in every corner of the planet. Two, this is not about Ukraine: It is about a greatly craved face-off with Russia with a long history behind it. I stand astonished we are hurtling toward armed confrontation at this speed, with no one in sight to check what starts to look like an obsessive-compulsive addiction to some kind of regeneration through violence.

Podemos Poses Major Threat To Spanish Political Establishment

Something is happening in Spain. A party that was only founded a year ago, Podemos, with a clear left-wing programme, could well gain a majority in the Spanish Parliament if an election were held today. Following the victory of Syriza in the Greek elections on 25 January, speculation has been raised as to whether Podemos could achieve a similar feat in Spain’s parliamentary elections later this year, but what is driving the party’s success? Support for Podemos is intricately linked to the policies pursued by the conservative People’s Party government, led by Mariano Rajoy. These policies have included the largest cuts in public social expenditures (dismantling the underfunded Spanish welfare state) since democracy was established in Spain in 1978, and the toughest labour reforms pursued in the same period, which have substantially deteriorated labour market conditions.

Greece’s Solidarity Movement: ‘It’s A New Model – & It’s Working’

“A long time ago, when I was a student,” said Olga Kesidou, sunk low in the single, somewhat clapped-out sofa of the waiting room at the Peristeri Solidarity Clinic, “I’d see myself volunteering. You know, in Africa somewhere, treating sick people in a poor developing country. I never once imagined I’d be doing it in a suburb of Athens.” Few in Greece, even five years ago, would have imagined their recession- and austerity-ravaged country as it is now: 1.3 million people – 26% of the workforce – without a job (and most of them without benefits); wages down by 38% on 2009, pensions by 45%, GDP by a quarter; 18% of the country’s population unable to meet their food needs; 32% below the poverty line. And just under 3.1 million people, 33% of the population, without national health insurance.

Strange Times In Greece: From Syntagma To Syriza

What was a movement became a party and got elected to power. These are indeed strange times in Greece. The land that birthed the word democracy also produced the word tyranny. With the election of Syriza, the Radical Coalition of the Left, the Greek people stand poised to pit those ancient foes against one another, in a battle that will have tremendous consequences for the people of the small republic and others throughout economically-troubled southern Europe. Five years ago, in May of 2010, a protest movement took Syntagma Square in Athens. In modern Greek, Syntagma is translated as “constitution,” but in Ancient Greek it means “to arrange together.”

Is A European Spring Coming?

In the wake of the victory of the progressive party Syriza at the Greek general election on January 25, 2015, some have started talking about the coming of a European Spring, a democratic uprising against the political status quo in Europe. This status quo has imposed brutal austerity policies on countries like Greece, Cyprus, Spain, Italy, Portugal and Ireland. These policies have protected and advanced the interests of banks, and more generally, of those holding large financial assets. They have protected and advanced the interests of large corporations. They have generated unbelievably high unemployment rates, a huge squeeze on workers' wages and an astonishing number of bankruptcies among small businesses. They have resulted in dramatic cuts to social security and public health systems. These are economic issues, but they are also moral issues. Robbing a whole generation of European youth of the possibility of finding a decent job is stripping them of their hopes and dignity.

Syriza Official Vows To Kill TAFTA: ‘Gift To European People’

An official with Greece's newly elected Syriza party may have sounded the death knell for a proposed EU-U.S. trade deal that has faced a mountain of opposition from civil society. The deal is the Transatlantic Trade and Investment Partnership (TTIP), now facing itseighth round of talks between negotiators this week in Brussels. The TTIP, which would be the biggest trade deal ever, has been criticized as a corporate-friendly deal that threatens food and environmental safety under the guise of "harmonization" of regulations. Georgios Katrougkalos, now deputy minister for administrative reform, confirmed what he had told EurActiv Greece ahead of his Syriza party's victory last week: that his parliament would not ratify the trade deal.

Newsletter: What Would Zinn Do?

This week marks the fifth anniversary of the death of Howard Zinn who is best known for his “People’s History of the United States” which looks at history from the bottom up, through the lenses of classism, racism and sexism. We remember Zinn for the advice he gave activists a year before his death. When he was asked what should people be doing, he gave advice that is good no matter what the era: Go where you are not supposed to go; Say what you are not supposed to say; and Stay when they tell you to leave. We are pleased to see people around the world instinctively following the advice that Howard Zinn gave to US activists. The world over we are facing governments corrupted by money and not representing the people. Zinn’s recipe for change – Go, Say and Stay – one we should be consciously following.

First We Take Athens: Europe’s Debt Colony Revolts

In the past four years Greece’s economy has shrunk by a quarter. Child poverty is at 40%. A quarter of a million people are without electricity. Unemployment stands at 26%, and most of these people do not receive benefits. For those in work, job security and wages have been cut and 33% of the population has no health insurance. The list goes on. The story is a familiar one. The Greek state was lent huge amounts by the IMF and Eurozone countries — it is 175% of it’s GDP in debt — in exchange for brutal austerity conditions to be imposed. Syriza want to stop all of this. The newFinance Minister described the bailout deals, with characteristic Greek flair, as “fiscal waterboarding policies that have turned Greece into a debt colony.” He is now aiming to negotiate 50% of their debt to be wiped off (such a thing has happened many times before, including to Germany in 1953).

Germans Are In Shock As New Greek Leader Starts With A Bang

In his first act as prime minister on Monday, Alexis Tsipras visited the war memorial in Kaisariani where 200 Greek resistance fighters were slaughtered by the Nazis in 1944. The move did not go unnoticed in Berlin. Nor did Tsipras's decision hours later to receive the Russian ambassador before meeting any other foreign official. Then came the announcement that radical academic Yanis Varoufakis, who once likened German austerity policies to "fiscal waterboarding," would be taking over as Greek finance minister. A short while later, Tsipras delivered another blow, criticizing an EU statement that warned Moscow of new sanctions.
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