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  1. Thumbnail

    The EU's new austerity treaty - Interview with Lukas Oberndorfer

    28 February 2012
    Multi-media

    Despite the strong and growing resistance in Greece and other European countries to the direction of EU policy responses to the crisis, the process for this new treaty has unfolded with disquieting speed: initiated in November, an agreement was already reached by end of January among the EU25. This comes at the expense of stifling democratic debate and, indeed, shortcutting the normal consultative procedures in the treaty process through legal manoeuvres.

  2. Time for the EU to shut down the casino

    Myriam vander Stichele
    22 July 2011
    Article

    Until the European Commission shows it has learnt the lessons of the 2008 financial crisis and demonstrates the political will to re-regulate the financial sector, it will be unable to resolve the crises in Greece, Ireland and Portugal

  3. Greece’s Woes: So Goes the Euro

    Howard Wachtel
    21 July 2011
    Article

    The Greek crisis has exposed the fundamental flaws in the Euro project: it stripped countries control over the price of money and allowed political elites to undermine Europe's post-war social contract.

  4. Say no to the attack on social and democratic rights in Europe!

    30 May 2011
    Article

    On 8 June the EU Parliament will vote on our response to the Eurocrisis: sign this petition by ATTAC asking them to reject the neoliberal austerity package which will make the public pay for the bank's crimes. There are alternatives to austerity.

  5. Will the financial markets really be tamed?

    Myriam vander Stichele
    12 May 2011
    Article

    Three years since the outbreak of the global financial crisis, the banks are back making mega-profits while the burden has clearly shifted to citizens and workers. However civil society action at European level could still make a difference in reining in the financial sector.

  6. Book Review of “Whose Crisis, Whose Future?” by Susan George

    Claudio Schuftan
    17 March 2011
    In the media
  7. Poor recovery, high costs

    Praful Bidwai
    28 October 2010
    Article

    The Great Recession shows no clear signs of ending, but conservative solutions to it have already wrought great long-term social damage.

  8. Corporate capture at the heart of Europe

    Olivier Hoedeman
    06 October 2010
    Article

    The Irish government announcement of a €34 billion Euro bailout, two years after the financial crisis first broke, is a reminder that little has been done to prevent it happening again just as the social costs are becoming ever more evident.

  9. 'Save Us From These Bankers, Fast'

    David Cronin
    19 July 2010
    Article

    Besieged by bankers opposed to regulation of their sector, members of the European Parliament (MEPs) have taken an unusual step

  10. Thumbnail

    Default in Europe

    Boris Kagarlitsky
    16 December 2009
    Article

    The Euro zone crisis cannot be staved off. A building with the bad foundation cannot be durable.