The Bail Out Business is the most comprehensive and thorough analysis of the response to the 2008 financial crisis to understand who benefits from rescue packages in the EU. How effective were the bail out measures? What were the hidden costs to the taxpayer? and what was the role of the Big Four (audit firms) and financial consultancy firms in the business of designing and implementing bail out programs in EU Member States?
Privatisations of state-owned assets have become a central plank of EU/Troika agreements with debtor nations such as Greece, Ireland, Italy, Spain and Portugal, but there has been little examination of their track record nor an examination of who really benefits. This report puts a spotlight on the legal and financial corporate giants making millions out of the new wave of privatisations across Europe.
Τα τελευταία χρόνια, η τρόικα (αποτελούμενη από την Ευρωπαϊκή Επιτροπή, την Ευρωπαϊκή Κεντρική Τράπεζα και το Διεθνές Νομισματικό Ταμείο) επιβάλλει προγράμματα ιδιωτικοποιήσεων σε χρεωμένες χώρες της Ευρωπαϊκής Ένωσης, παρά τη σημαντική λαϊκή αντίθεση σε αυτά. Η παρούσα έκθεση εξετάζει τις συνέπειες αυτών των ιδιωτικοποιήσεων. Επικεντρώνεται στη διαδικασία, στους επιχειρηματικούς παίκτες που έχουν επωφεληθεί και εξετάζει κατά πόσον η πώληση κρατικών περιουσιακών στοιχείων εκπληρώνει τις υποσχέσεις που δόθηκαν για να τη δικαιολογήσουν.
This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
Who are the global 1%? What companies do they run? How do they escape accountability? Check out TNI's powerful infographic displays that expose the social and environmental costs of global corporate power.
After a brief period of destabilisation, self-justification and the occasional mea culpa, the very people and institutions that plunged the world into crisis have re-emerged unscathed, as the fount of truth and all reasonable policy.
Despite repeated democratic rejection of the Lisbon Treaty, the European Commission pushed ahead with it via the EU Constitution via a private, technocratic and non-democratic process. Susan discussed the treaty and its implications in a workshop at the EA4 summit in Madrid, 15 May 2010.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
This year's Madrid summit marks a key milestone in the ongoing development of the Enlazando Alternativas network for both highlighting EU complicity with human rights and environmental abuses and highlighting the real alternatives offered by social movements of integration and development that respect the rights of people, communities, and protect the environment.