An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last week’s landslide “No” … The problem of Greece is not only a tragedy. It is a lie.Read more
Greece
Posted inEconomics / Finance / Greece / Multimedia
In Greece, finance is the new form of warfare
Michael Hudson
Posted inEconomics / Greece / IMF / News
IMF Admits It Miscalculated Impact of Austerity on Greek Economy
The International Monetary Fund has admitted it had failed to realize the damage austerity would do to Greece as the country tried to recover from … IMF Admits It Miscalculated Impact of Austerity on Greek EconomyRead more
Posted inGreece / News / Refugees
Syriza jails Syrian swimmer Sara Mardini for helping refugees in Greece
Greece’s Syriza-led government has jailed 23-year-old Syrian competitive swimmer Sara Mardini and three other members of the ERCI (Emergency Response Centre International) association on blatantly … Syriza jails Syrian swimmer Sara Mardini for helping refugees in GreeceRead more
Posted inCapitalism / Greece / Politics / ToMl
Greece’s Syriza government presses ahead with privatisations
Amid mounting popular opposition, the Greek government of the pseudo-left “Coalition of the Radical Left” (Syriza) and its right-wing populist allies, the Independent Greeks (Anel), … Greece’s Syriza government presses ahead with privatisationsRead more
Posted inEconomics / Greece / ToMl
There is a war going on in Europe but it’s not a military war anymore
Greece’s economic crisis has perhaps been eclipsed by Europe’s refugee crisis, terrorist attacks, and by the forthcoming Brexit referendum. But it has not gone away. … There is a war going on in Europe but it’s not a military war anymoreRead more
Posted inEconomics / Greece / Politics / ToMl
Varoufakis’s Challenge to Economics
Yanis Varoufakis’ first meeting with the Troika of Greece’s creditors revealed what he believes is a perilous disdain among top economic decision-makers for the democratic … Varoufakis’s Challenge to EconomicsRead more
Posted inEconomics / Greece / Politics / ToMl
We Were Elected to Say No to the Creditors
Yanis Varoufakis talking: We were elected to say no to the creditors. No to what? Not to an agreement, to an honorable agreement, but no … We Were Elected to Say No to the CreditorsRead more
Posted inBank / Economics / Greece / IMF / ToMl
Bailouts of Greece are Pretense for Massive Payout for German and French Banks
Yanis Varoufakis talking: We began our Democracy in Europe Movement with our comrades in Germany. Everywhere we go in Germany, we have immense support as … Bailouts of Greece are Pretense for Massive Payout for German and French BanksRead more
Posted inEconomics / Greece / IMF / ToMl
Massive IMF Bailouts are “Ponzi Austerity” Scheme
Yanis Varoufakis talking: we have a stupendous case of the White House spokesman violating the Obama line. When we were elected in January of 2015, … Massive IMF Bailouts are “Ponzi Austerity” SchemeRead more