Posts tagged "ECB"
SYRIZA, Take Two

SYRIZA, Take Two

Few ruling parties have their legacies written and the successes and failures declared in less than a month’s time in power, but left-wing critics have decided there are new rules for SYRIZA, the radical left coalition elected in Greece at the end of January. More»

Inside Merkel's Greece

Inside Merkel’s Greece

Greece has taken on the characteristics of a matinee horror show. Like other states on Europe’s periphery, the postwar success story been transformed into a mad laboratory, where technocrats experiment with the importation of disaster capitalism into the EU. You’d be forgiven for thinking it was Germany in the early 1930s, or Chile in the 1970s. More»

The Problem With Austerity

The Problem With Austerity

When the House and Senate budget talks got underway a few weeks ago, Paul Ryan, the GOP’s lead running dog on economic policy, reiterated the party line: The current situation is unsustainable. Negative consequences will fall hardest on the poor and the elderly. Therefore, sacrifices must be made…by the poor and the elderly. More»

Athens is Burning

Athens is Burning

Greece is in the middle of a Great Depression. Overall unemployment stands at 22%, while unemployment among young workers is at 50%. The far right has made a return to parliament in the form of the neo-fascist Golden Dawn party, who openly use Nazi salutes. Anarchist riots occur almost weekly. Enter the fiery hardcore punk of Sarabante. More»