Austerity
Ashoka Mody: The eurozone is having an identity crisis and Italy will bear the brunt
Rather than rethink their broken economic model, European leaders will drive Italy into an unmanageable situation. Read here
Austerity
Austerity
OHCHR – UN poverty expert says UK policies inflict unnecessary misery
It is not every day that we post a press release. This one however is simple, but to the point: “In the fifth richest country in the world, this is not just a disgrace, but […]
Austerity
Aditya Chakrabortty: The epitaph for Tory austerity has been written, and it’s damning
This is what Brexit is really about, but this has been a hand in hand exercise of the British elite and the EU political class. Read here
Austerity
Judith Clifton, Daniel Díaz-Fuentes and Ana Lara Gómez – Ideology (not economics) explains why the Troika treated Ireland less harshly than Greece
Both Greece and Ireland suffered substantially during the Eurozone crisis, but the two countries’ treatment by the ‘Troika’ of the IMF, European Central Bank and European Commission was strikingly different. Drawing on new research, they […]
Austerity
Stavros Mavroudeas – A resurgence of popular mobilisations in Greece
On November 14th, Greece`s largest union, ADEDY, which represents about half a million public sector workers, carried out a one day strike. The union is demanding that the SYRIZA government retracts pay and pension cuts and […]
Austerity
Pavlos Roufos – A deep look into Greece’s bottomless debt crisis
Writer Pavlos Roufos reviews eight years of managed disaster for Greece under Europe’s austerity regime – from the roots of the crisis in both internal politics and international finance, to the perverse structure of EU-imposed […]
Austerity
Ashoka Mody: Fall of the eurozone’s saviours: Why Emmanuel Macron is following Matteo Renzi’s path to political oblivion
They inherited poorly performing economies that bred widespread social and political discontent, argues Ashoka Mody, and both leaders unwisely followed the traditional European recipe of ‘labour reforms’ Read here
Austerity
Heiner Flassbeck – The economic situation in Bulgaria and Romania – Part 2
For economic policy in most Eastern European nations, only the market counts. However, this cannot work in a world where the conditions for traditional macroeconomic management no longer exist. Heiner Flassbeck is an economist, as […]
Austerity
Emily Scurrah – Glasgow strike shines light on hidden work done by women
Society cannot function without the essential work that women do Emily Scurrah is an Assistant Researcher at the New Economics Foundation Cross-posted from New Economics Foundation Last week, a group of women brought the […]
Austerity
Nick Dearden: The EU is unhealthily biased toward austerity – that’s why it’s now in a budget standoff with Italy
In 2008, Europe’s leaders promised to discipline finance. Instead, it is Europe’s people that were disciplined Read here