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Greece

Greece: the cruel barbarity of international finance or a Marshall Plan?

How can it be that when a country is in financial difficulty, “Market Forces” say that a country has to pay higher interest to borrow money? If there were any international solidarity a country should have to pay less interest…

Winds of change in Greece

A week is a long time in politics, as the saying goes, and never was this more clearly illustrated than in Greece over the last seven days. One week ago, a country with no self-esteem was on its knees begging…

Greece refuses to recognise the hated troika any longer

The new Greek finance minister, Yanis Varoufakis announced today that the government would not be dealing any more with appointed delegates of the “troika” (the IMF, the European Central Bank and the European Commission) who are seen as responsible for…

Greek PM halts privatization, markets tumble

Greek Prime Minster Alexis Tsipras has openly challenged international creditors by stopping privatization plans agreed upon under the country’s bailout deal. During his first meeting with cabinet members on Wednesday, Tsipras said that they could not disappoint voters already battered…

Greek voters reignite the flame of Democracy

From A World to Win Blog The stunning victory of the anti-austerity Syriza in the Greek general election deepens the existing political crisis in Europe and throws into sharp relief the reactionary policies of Labour and other mainstream parties in…

Greece, elections and reflections on the crisis

The forthcoming political elections in Greece could be a turning point not only for the country, but also for the whole of Europe. Here we talk about the possible consequences with Marianella Kloka, Greek member of the international organisation, World…

If Syriza wins the Greek election, what will happen next?

By Lisa Mittendrein and Valentin Schwarz Source: redpepper.org With Greece facing a snap general election on 25 January 2015, there is the genuine prospect of a radical left government coming to power in an EU country. Syriza, a party born…

The Cost of Austerity in Greece

Athens, Paris, 18 December 2014 Austerity measures adopted in response to the economic crisis have adversely impacted human rights, such as the rights to work and health, and curtailed fundamental freedoms in Greece, denounce FIDH and its member organisation the…

Amid ‘Anaemic’ Job Creation, Greece Risks Prolonged Social Crisis – UN Report

Human Wrongs Watch Faced with an “anaemic” pace of job creation and nearly 1.3 million unemployed citizens, Greece risks a prolonged social crisis unless urgent measures are taken, warns a new report out on 24 November 2014 from the International Labour…

Troika Becomes the Villain in a Greek Tragedy

ATHENS, Feb 19 2014 (IPS) – A humanitarian crisis is unfolding in Greece and other recession-hit European countries as they undergo harsh austerity measures in exchange for a bailout. At the heart of it is the Troika, say trade unions,…

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