Greece joined the European Union in 1981 and adopted the euro in 2001. What impact did these two events have on the Greek economy? Within the general boom conditions across Europe pre-2007, Greece also boomed, but this hid the real underlying weaknesses of the Greek economy, in particular its declining productivity.
The [new French] labour law will be adopted in the National Assembly by 22 July, after final feedback from the Senate. The “Socialist” government has won this battle. To do so, they resorted to levels of police repression unprecedented in recent history, as well as a violent campaign of insults and stigmatization against the activists of the CGT involved in the struggle. Using the presence of “thugs” (“rioters”) as a pretext to discredit the movement, the government subjected the latest protests in Paris to massive police supervision and security screening, de facto restricting the right to demonstrate.
The suffering of the Greek people is deep, very deep. Austerity is pushing larger and larger sections of the population into poverty. With this comes also a seriously worsening healthcare situation which is a direct consequence of the cuts imposed by the Troika, and suicides have also been going up in line with the increase in unemployment.
Yesterday evening, as Theresa May prepared to move into 10 Downing Street and continue the Tories’ programme of austerity, privatisation, and attacks on workers and migrants, Jeremy Corbyn emerged from a tense meeting of Labour’s National Executive Committee (NEC) to confirm that he would be automatically on the ballot paper in the upcoming Labour leadership contest. With hundreds of thousands of new members joining the Party over the past year because of Corbyn’s leadership, the Blairite back-stabbers are now resigned to the fact that their attempted coup has failed.
We are living in a period of sharp and sudden changes. The result of the British EU referendum was yet another such sharp and sudden changes. In a further dramatic turn of events yesterday the National Executive Committee of the Labour Party voted by a majority of 14 to 18 to allow Jeremy Corbyn to defend his position as Labour leader without having to seek nomination by Labour MPs.
The Chilcot report into the 2003 Iraq war and how Britain was dragged into it has finally been published after a delay of seven years. It fell like a bombshell on the British political scene that was already reeling from the effects of the EU referendum.
One year ago 60% of the Greek population said OXI [No] to the Troika’s austerity. One year later we see austerity continuing and getting much worse! I have been travelling to Greece at least once a year for close to twenty years to attend meetings and conferences and in the recent period the decline in living standards has been palpable.
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