Ex-Greek finance minister Varoufakis preaches around the globe that he is all for helping poor people and countries hit hard by the crisis stand on their feet again.
However, contrary to his promises, his real aim is to help…

Jacques Sapir
The euro is destroying Europe. Ever since the Greek government debt crisis erupted in 2015 between the government of Prime Minister Alex Tsipras and European leaders, that is the inescapable conclusion. The destruction does not come, principally, from…

Hans Werner Sinn
THERE are not many issues on which I agree with my colleagues Paul Krugman and Joseph E. Stiglitz and the former Greek finance minister Yanis Varoufakis. But one of them is the view that an exit from…

Strangely enough, after a two-and-half hour meeting on Feb. 9 between Angela Merkel and Mario Draghi, not a single item of information was given on the content. But one can safely assume that they discussed how to face the…

source: https://corporateeurope.org/economy-finance/2016/12/ecb-quantitative-easing-funds-multinationals-and-climate-change
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Corporate Europe Observatory has decoded the list of beneficiaries of the European Central Bank’s corporate bond purchasing scheme. The results are disturbing, unless you think oil, fancy cars, motorways, champagne, and gambling are good places to put…

The CADTM draws attention to two IMF documents dating from March and May 2010 that were kept secret. These authentic documents were placed at the disposal of the Truth Committee on Greek Public Debt by Zoe Konstantopoulou, the President of the…

Theodore Katsanevas
Paul Krugman, writes that “Fifteen years ago Greece was no paradise, but it wasn’t in crisis either. Then Greece joined the euro, foreign money poured in, the economy boomed, inflation rose; and Greece became increasingly uncompetitive. The Greeks…

Theresa May executes classic British geopolitical intervention Despite the rapidly changing strategic balance in the world, British Prime Minister Theresa May is still pretending she hasn’t noticed anything. Thus, during her visit to the United States last week, she…

After the most venomous transition period in recent U.S. history,
marked by unprecedented “fake” news and slanders, as
well as continued attempts to launch a color revolution against
the President-elect, Donald Trump was inaugurated President
of the United States on Jan. 20. His…

 
Theodore Katsanevas
With the new painful austerity measures for Greece by the Internationally Monetary Fund and the Euro zone, we have to accept worse days in a barrel without a bottom.  Our accession to the euro was supposed to improve,…