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    Video: Olivier Hoedeman: Going to the heart of the European Crisis

    11 May 2012
    Multi-media

    Only if we tackle corporate power at the heart of the EU, do we have a chance to stop Austerity Europe.

  2. The Fiscal Compact on European Budget Discipline

    Heikki Patomäki
    17 April 2012
    Article

    European political leaders and the institutions of the European Union have reacted to the Euro crisis by creating conditional debt packages, in cooperation with the IMF (International Monetary Fund). Such “aid packages” typically prescribe severe austerity measures, similar to the structural adjustment programmes applied to many troubled developing countries, especially since the 1980s. The results have rarely been a success. 2