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?
Le Monde Diplomatique - The latest study from the Transnational Institute (TNI) on the effects of the ‘privatising industry’ in Europe concludes that ‘there is no evidence that the privatised companies are more efficient’. Instead, privatisation has undermined wage structures, made working conditions worse and increased income inequality.
Alexander Kravchuk, Zakhar Popovych, Roeline Knottnerus, Daniel van Heijningen
31 March 2016
On 6 April 2016, the Netherlands voted in a referendum on the EU’s Association Agreement (AA) with Ukraine. The referendum was a special democratic event – 427,939 signatures of citizens were collected to make it possible. With a turnout of 32.2%, just above the 30% threshold, the vote was valid. The deal was rejected by 61.1% of votes, compared with 38.1% in favour.
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.
Saturday October 11 saw an extraordinary mobilization success. Over 400 actions were organized in 20 European countries to reject the secret trade deals that the EU is negotiating (TTIP, CETA and TiSA)
TNI covers a wide spectrum but Sol’s particular tasks have been to track the devastating impacts of neoliberal policies in Europe and to help coordinate the efforts of social movements to work with the most vulnerable groups.
Sol Trumbo Vila, Attac, Andy Storey, Alexandra Strickner, Steffen Stierle
25 June 2014
The Competitiveness Pact is the final stage of the new EU economic governance architecture. In this primer, we expose the myths and reality surrounding competitiveness – and what it really means for the lives of Europeans.
Hear accounts of witnesses from countries in Southern, Eastern and Western Europe, at a People's Tribunal in Brussels, about increased inequality, unemployment, homelessness, impoverishment and violations of human rights that have resulted from EU and Troika policies.
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.
To which aspects of this crisis should Germans and especially German Christians be most attentive? What would be the right policies to escape from the debt crisis which has been allowed to fester and is now five years old?