Susan George - Entrevista en Sevilla from ATTAC.TV on Vimeo.

Susan addresses a number of issues that continue to remain at the heart of an on-going instablity and serious threat in the European economy.

• The relationship between the commercial banks and investment banks: since these institutions merged, investors are gambling with public money and are not held accountable.
• The European Central Bank (ECD) lends money to large private banks at 1 percent or less, while they lend that to states at 4, 5 or 6 percent; making them enormous profits at the expense of the European public. The ECB should be lending money directly to states.
• Large banks are lending very little money to small and medium size enterprises (SMEs), yet these account for 90 percent of employment in Europe. Banks should be lending to SME's to help develop strong local and regional economies, and foster employment. Large corporations employ a very small fraction of Europe's population.
• European governments should tax financial transactions, which would raise the money to repair social systems and subsidise the transition to a green economy, and provide funds to help the Global South adapt to climate change.
• The ECB should issue Euro bonds, to help stabilise the banking system and bring countries out of crisis. The income from these could also be channeled into repairing European transport systems, greening our electrical grids, etc.