The current architecture of the Eurozone exposes its members to the speculative attacks of financial markets, yet does not provide for any crisis management policies.
Susan George, Fiona Dove, Yiorgos Vassalos, Dominique Plihon, Kenneth Haar
02 နိုဝင်ဘာလ 2011
Multi-media
In a podcast debate, four activist researchers debate why the European Union is wedlocked to economic policies that will only worsen the crisis and further undermine democratic control of public budget.
The real news in Greece is not about riots, but of a growing number of people who have broken away from fear and decided to fight back against the austerity imposed by the 'Troika' of the European Commission, the European Central Bank and the IMF.
Despite elections, Greece is heading for an exit from the euro, and the rest of the eurozone periphery may follow, precipitating a huge change in the EU. After the crisis, Greece could slowly recover.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
