Tag: europe

CHANCELLOR Osborne was in the mood for sacrifices on Tuesday and as is his way, the way of the British bourgeoisie, these sacrifices were...

THE Greek leader of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras in an interview with the Athens left daily Avgi on Sunday...

THE Eurozone has agreed to lend the Spanish banks up to 100bn euros without demanding any austerity measures after Spanish Economy Minister...

The political crisis for the European bourgeoisie deepened yesterday following the results of exit polls at the end of the first round of voting...

THERE was fury across Spain yesterday after prime minister Mariano Rajoy hailed a eurozone ‘lifeline’ of up to 100 billion euros ($125 billion) to...

LEFTIST SYRIZA leader Alexis Tsipras addressed a crowd of party supporters in Sparti, in the Peloponnese, on Thursday night. Tsipras said that his party would...

KARL MARX was able to show that one of the fundamental contradictions of the capitalist system was the conflict between the need of the...

US Federal Reserve chairman Ben Bernanke said yesterday that he is ‘ready to act’ on the US economy, hinting that the US is about...

THE Bank of England yesterday left UK interest rates unchanged at 0.5 per cent and announced no expansion to its quantitative easing (QE-printing money)...

THE sense of panic and of impending doom is running wild amongst the international banks and the world bourgeoisie as they are forced to...

THE Jubilee ‘celebrations’ have turned out to be a petty, momentary diversion for sections of the middle class, away from the real drama...

Financial leaders of the G7 group of industrialised nations held an emergency ‘teleconference’ on the worldwide economic crisis yesterday. Canada’s Finance Minister, Jim Flaherty, warned...

THE announcement that the western and Saudi-Qatari backed ‘opposition’ in Syria is no longer committed to the UN Security Council-backed Annan ceasefire comes as...

BILLIONAIRE financial speculator George Soros warned yesterday that the German economy is going to totter in the Autumn, when the crisis will ‘come to...

TWO weeks before the Greek general election, due on June 17, Alexis Tsipras the leader of Coalition of the Radical Left (SYRIZA) last Friday...

PRESSURE is mounting on the Bank of England’s Monetary Policy Committee (MPC) to consider another round of emergency Quantitative Easing (QE – printing money)...

THE head of the European Central Bank (ECB), Mario Draghi, has pronounced the Eurozone to be ‘unsustainable’ in its present form, while the EU...

EUROPEAN Central Bank (ECB) president Mario Draghi yesterday warned eurozone leaders that current financial mechanisms are ‘unsustainable’. Addressing the European Parliament, Draghi asked: ‘Can the...

GREEKjournalists, printers, technicians and media office workers staged a 100 per cent successful national strike on Monday against wage cuts and mass sackings, demanding...

NOT just Greece but the Eurozone and, by extension, the whole of Europe is a financial basket case that is heading inexorably towards a...

YESTERDAY US and UK diplomats were foaming at the mouth over an alleged massacre by the Syrian armed forces of men women and...

LLOYD’S of London has made preparations for the collapse of the euro. Richard Ward, its chief executive, has publicly admitted that the world’s...

• No to the destruction of collective agreements! • Down with the EC-IMF austerity measures Accords! • Withdraw from the EC and NATO! •...

Britain is falling deeper into slump, official figures revealed yesterday. The UK economy shrank by 0.3 per cent in the first three months of this...

The Greek Chemist shops Association staged a 24-hour national strike yesterday demanding the payment by the Health Ministry of some 500 million euros owed...

The head of the International Monetary Fund (IMF), Christine Lagarde, issued the gravest warning yet on the state of the UK economy on Tuesday,...

The Greek conservatives New Democracy party is building up a ‘pro-European front against populism’ with the aim of defeating the Coalition of the Radical...

THE MOTHER of murdered black teenager Stephen Lawrence has revealed that she has asked Home Secretary Theresa May for a new inquiry ...

THE EUROZONE crisis was finally, officially recognised as the time bomb that will bring down the entire capitalist banking system at last weekend’s meeting...

German Chancellor Angela Merkel’s telephone call to the Greek President Karolos Papoulias last Friday, when she asked for a referendum to be held on...

ON Wednesday, King, the governor of the Bank of England, said of the developing crisis in the eurozone that his Monetary Policy Committee believes...

PM Cameron yesterday defended the government’s spending and welfare cuts, and pledged to continue them and to stop at nothing to defend British capitalism. However,...

THE CRISIS of the British capitalist state has been highlighted by the News International scandals which will do for the British ruling class what...

UK Chancellor George Osborne lashed out at Germany’s ‘Iron Chancellor’ Merkel before the meeting of EU finance ministers in Brussels yesterday. He attacked Merkel...

Irish Congress of Trade Unions (ICTU) General Secretary David Begg has said that the Dublin government could delay ratification of the Fiscal Compact Treaty,...

The economic and political crisis in the Eurozone countries is now firmly expressing itself in Germany, the dominant capitalist nation in Europe and the...

Despite immense pressure the leader of the Coalition of the Radical Left (SYRIZA), Alexis Tsipras, refused to join or support a ‘grand coalition’ government...

THE government’s claims about numbers of civil servants on strike over pensions are wildly inaccurate, the Public and Commercial Services union has insisted. Nearly...

RESPONDING to the plans for ‘secret justice’ and closed courts set out in the Queen’s Speech on Wednesday, Reprieve’s Executive Director, Clare Algar said:...

IT was Karl Marx who in 1848, two months before the February revolution erupted in France, began the Communist Manifesto with the words ‘A...

THE leader of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras stated on Tuesday ‘the expression of the public’s will has made the...

The leader of the Greek conservatives Antonis Samaras, whose New Democracy party came top in last Sunday’s general election, winning just below 19 per...

FOLLOWING the failure to form a government by the leader of the Greek Tories, Antonis Samaras, the leader of the Coalition of...

Workers and youth in Greece delivered an historic death blow to the present bourgeois parties and to the whole political two-party system in Sunday’s...

The elections in France and Greece on Sunday demonstrated conclusively that Europe stands on the brink of a seismic revolutionary upheaval that will sweep...