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?
A series of infographics that expose the massive concentration of land in Europe. Over the last decade, the EU has lost a third of all its small farms, 3% of its farms now own 52% of farm land, and land inequality has become worse than wealth inequality.
Europe’s young and aspiring farmers will face increasing barriers to entry as land is rapidly concentrated in relatively few big farms. Land is even more unevenly distributed than wealth. A steep decline in Europe’s small farms is underway with damaging consequences for food security, employment, and development.
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.
In 2015, Greek citizens did a spectacular attempt to determine their own future but were despicably stopped by the unelected and democratically non-legitimized Eurogroup headed by the Dutch Minister of Finance, Jeroen Dijsselbloem. Critics like former Greek Minister of Finance Yanis Varoufakis called this 'a coup'. As a counteroffensive, Varoufakis - together with other European left-wing politicians - will launch a 'Plan B' on in 9 February in Berlin, seeking an alternative and more democratic future for European integration.
Former Greek Finance Minister Yanis Varoufakis argues that the nation-state is dead and democracy in the EU has been replaced by a toxic algorithmic depoliticisation that, if it is not confronted, will lead to depression, disintegration and possibly war. He calls for a launch of a pan-European movement to democratise Europe, to save it before it is too late.
Over 39 organisations write an open letter to the presidents of European Council, Commission and Parliament to address their concerns on the agenda in favour of cutting compliance costs and replacing the role of the public regulator with corporate co- and self-regulation. The dieselgate scandal, caused by a will to cut compliance costs, shows that the human and economic consequences of weak rules and lenient enforcement of environmental laws are enormous.
On 4 October, Portuguese and international news outlets reported a win for the right-wing coalition as a victory for austerity policies. But the latest news shows that a left-wing coalition government may yet emerge, reflecting growing popular anger and resistance to unemployment, poverty and corruption.
The Transnational Institute (TNI) in the Netherlands is issuing an open call for essays/short papers for its forthcoming State of Power report launched in late January 2016 to coincide with the World Economic Forum in Davos. In 2016, we are particularly looking for accessible, engaging essays that interrogate how power relates to democracy.
Spanish collective Xnet that helped arrest the former Managing Director of the IMF came to Amsterdam to share their skills, tools and strategies with social movements, civil society organisations from all over Europe.
Just few days left to the inauguration of the new building of the ECB. Great participation is expected from all over Europe: social movements, activists, migrants, precarious and industry workers, trade-unions and parties will come to Frankfurt to say no to austerity and contest the authority of ECB and the other EU institutions.