Greek Sovereign Debt Crisis a Sovereignty Crisis
Greek Parliament, Syntagma Athens – by kouk News outlets around the world have focused heavily on the so-called Greek Sovereign debt crisis this week. The proposed solution–an IMF loan package…
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Greek Austerity Vote Is Just The Beginning
There was a certain amount of hand-wringing by the business press and politicians internationally that the PASOK government of Greece might not be able to pass the second austerity package…
Live Stream: 48-Hour Greek General Strike Against Austerity
The fight is on. Greek workers are under a massive assault as international bankers, speculators, governments and capitalists try to force a brutal austerity package down their throats. Last year's…
Greece at a Crossroads
Now that the Greek government has survived a confidence vote in Parliament, the stage is set in Greece for further confrontations ahead of next week’s decision on the new “austerity”…
A View From The Volcano: Report From Greece
This is a fascinating interview from the British Socialist Worker Newspaper on what's going on in Greece. All we're really getting is the maneuverings and panic of the politicians and…
China or Greece: Which Is The Next Lehman Brothers?
Back in 2007, when the US Fed let the 100-year old Lehman Brothers investment bank go belly up, it was like a blasting cap that blew apart the global economy.…
Greek Meltdown: People vs Banks
Forget the riots in Vancouver by angry hockey fans, things are really on the boil in Greece. After a year of austerity measures that have all but killed the economy…
Support The Strikes To Defend Pensions
Usually even the mention of Margaret Wente's name can ruin my day but her article in today's Globe & Mail is actually not too bad in terms of laying out…
When Steve Says You’re Fine, Call An Ambulance
The Greeks should have seen it coming when, just a couple of weeks ago, Stephen Harper pronounced himself confidant that Greece was on the road to a full economic recovery.…
The Return Of Stagflation?
Those of us around in the 1970s will remember the term stagflation - a combination of economic stagnation and inflation that created a conundrum for bourgeois economists: do you move…
Focus magazine’s Venus insult triggers lawsuit
A cover of the German magazine Focus that shows the Venus de Milo holding up a middle finger accompanied by the words 'Cheater of the Euro family' continues to provoke…