Tag Archives: euro

Sisyphus Schäuble and teenager Varoufakis

The end began in the National Theater of Greece in Athens. It was the evening of Wednesday, Feb. 18, and the work on stage was “Happy Days,” a two-character play by Samuel Beckett. On stage, a not-particularly-young woman slowly sank into a pile of dirt, talking all the while. Finally, she was stuck up to her neck, but continued talking

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Confronting the EU “Oligarchy of Governments”. Joining Forces for Another Europe

By Tommaso Fattori In Europe we are living in particularly dramatic times. Democracy is in death-agony and we are witnessing post-democratic processes taking over at the national and supranational level. EU leaders have further concentrated decision-making power on public and fiscal policies in the hands of an oligarchy of governments, technocrats and the European Central Bank (ECB), which are subject

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Greece-Germany: who owes who? (1) London 1953: cancellation of the German debt

  1 October by Eric Toussaint Since 2010, in the stronger countries of the eurozone most political leaders supported by mainstream media have flaunted their so-called generosity towards the Greek people and other weaker countries in the eurozone that are currently in the limelight (Ireland, Portugal, Spain…). In this context, measures that further destroy the economy of recipient countries and

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