Debt

A long book is probably too short to explain the European crisis in full length and depth.

Why did the Luxembourg Greens vote against the Fiscal Stability Treaty on February 27th and aske Prime Minister Jean-Claude Juncker not to implement it?

An interview with Fintan Farrell, Director of the European Anti-Poverty Network (EAPN).

Rather than focus on Spain’s overall public debt, is it smarter to look at a bailout tailored just for its banks? A leading German and Spanish Green politicians discuss the reality of this prospect.

The seemingly never ending Eurozone crisis has evolved into a start choice – does Europe take a leap forward into closer political union, or face a break-up of the single currency?

The Greens must remain faithful to their European commitment by continuing to promote a European alternative to the austerity policy of the ‘Merkozy’ duo. But passing on an unsustainable debt to the future generation is just as ecologically unsound as leaving a planet in ruins. Whatever their differences, the Greens must present their alternative to the neoliberal’s prioritising of market forces and the “statism” of the old left. This alternative must begin with a recovery package funded by a tax on financial transactions.

In October 2011, the Heinrich Boell foundation presented the results of a long collaborative project on the future of Europe. This project was an invitation to debate the project that we wish to see implemented for Europe in the 21st century. This reaction calls for a debate to be developed on two levels: firstly, to debate the causes and solutions to bring to the crisis and, secondly, the transitional dialogue to undertake in order to widen the social base of a renewed concept of European solidarity.

This article aims to analyse the consequences of the structural reforms and expenditure cuts in Spain. It starts from a theoretical debate of why are these measures taken, continues with the details on the reforms and discussing whether Spain is going to achieve the EU deficit objectives, and finishes proposing a change in the approach at Spanish and EU level.

Ireland will vote on the European Union’s ‘Stability Treaty’ on May 31st, the only EU Member State to have a public vote on the treaty. The campaign will reignite a debate in Ireland about its relationship with the EU. For most of its time as a member of the EU, Ireland has perceived ‘Brussels’ as a positive player in Irish economic and social development. However, the economic implosion has raised awkward questions, and led to a re-evaluation of this relationship.

Inequalities lie at both ends of the equation of the crisis. Inequality is unsustainable in many ways: it puts in danger the cohesion of our societies and it is a driving force of our unsustainable consumption model. An interview with Jean Lambert MEP and Romual Jagodzinski from the ETUI.