economy

Europe divided over Greece: Popular voices demand democracy, elite push austerity

The message from the mainstream media and parties across Europe is Greece is to blame for its own predicament. But a growing grass-roots movement across the continent is pushing for an alternative approach that demands democracy, not austerity.

In a speech to the Belgian parliament on June 10, conservative Belgian Prime Minister Charles Michel declared that “the end of the Greek holiday has sounded.”

Australians to rally for Greece, against blackmail


Sydney protest in solidarity with Greece, June 28. Photo by Peter Boyle

Protests are being planned in the Australian cities of Melbourne, Canberra, Armidale and Brisbane in coming days in support of the Greek people and its elected SYRIZA-led government.

Frackman details one man's fight against gas multinationals

Frackman
Directed by Richard Todd
http://frackmanthemovie.com

Frackman is a new documentary that follows the story of self-proclaimed “worst environmental activist ever” Dayne Pratzky, a resident of the Tara Estates, Chinchilla, in Queensland.

Venezuela's Maduro backs reparations for slavery


President Nicolas Maduro supported reparations for slavery after a ceremony that paid tribute to Afro-Venezuelan independence fighter Pedro Camejo.

Venezuelan President Nicolas Maduro expressed support on June 24 for the Caribbean call for reparations from their former colonial powers.

Morales praises social movements for changing Bolivia


Photo: Agencia Boliviana de Información.

Bolivia's President Evo Morales highlighted the importance of social movements in driving the changes and the economic growth experienced by the South American country in recent years.

The socialist leader, Bolivia's first-ever indigenous head of state, said on June 25 that Bolivia now had greater economic resources available due to the struggle of workers and campesinos.

Ecuador: Opposition leaders now made to pay tax


Jaime Nebot. Photo: ANDES.

Ecuadorian President Rafael Correa singled out opposition politician Jaime Nebot, who has been calling for protests against the government, as a clear example of the progress the country has made with respect to the collection of taxes.

Correa came to power in 2007. He said in 2006, Nebot paid just US$1994 in income taxes, but by last year the opposition leader was paying US$66,593.

NSW budget rides on 'housing tax' windfall

"The NSW Coalition government's 2015 budget has a massive 'housing sales tax' windfall from stamp duty arising from the Sydney housing bubble," Susan Price, Socialist Alliance candidate in the recent NSW state elections, said on June 24.

The government expects to reap more than $30 billion in stamp duty in the next four years, but the budget papers note that the cyclical nature of the property market means that revenue source is "inherently volatile".

Britain: Huge march opposes new cuts


Hundreds of thousands march in London on June 20

More than 200,000 people marched through central London on June 20 as people came from across the country to show their anger and opposition to further spending cuts.

The demonstration involved many young people coming out to protest against the newly elected Conservative Party government, marching alongside seasoned activists.

Greece: Alexis Tsipras calls referendum over Troika's 'blackmailing' deal

Greek Prime Minister Alexis Tsipras announced on June 26 that a referendum will be called over the bailout deal being proposed for the country by Greece's creditors. The deal is pushed by the "Troika" of the European Union, International Monetary Fund and European Central Bank.

Tsipras called an urgent cabinet meeting earlier that day, and later announced to the press plans for the a referendum on July 5. Citizens will be asked “yes” or “no” to creditors’ proposals. Tsipras has asked the Greek ministerial council to call the referendum.

Forty European groups call for Greek debt relief

As Greece's anti-austerity SYRIZA-led government seeks a deal to give it badly needed funds to pay creditors and avoid a collapse of its banking system, 40 groups from across Europe are petitioning for Greece's debt to be cancelled.

The groups say the crisis-hit southern European country is not in a position to repay the debt and it should not have to shoulder a burden accumulated by previous governments.

A preliminary report on the audit of Greece's debt initiated by the Greek parliament declared on June 17 that the debt was “illegal, illegitimate and odious”.

Syndicate content