By Alejandro López, 21 May 2012
The latest available statistics on bank deposits show that €50 billion have left Spain since January last year.
By Christoph Dreier and Peter Schwarz, 19 May 2012
Syriza’s goal is not the socialist transformation of society, but creating better conditions for the upper middle class and sections of the Greek bourgeoisie.
By Alejandro López, 19 May 2012
A new round of cuts has been imposed by the regional governments in Andalusia, Asturias and Catalonia this week in order to reduce their deficit to the target of 1.5 percent of GDP set by the Spain’s Popular Party government.
By Christoph Dreier, 17 May 2012
The failure of efforts to form a government with a working majority after May 6 elections in Greece has intensified the crisis in Europe.
By Chris Marsden, 17 May 2012
The crisis in Greece is an acute expression of a broader crisis of European and world capitalism.
By Christoph Dreier, 15 May 2012
The ruling elite in Greece and the EU are apparently convinced that they can best regain control over growing popular opposition to austerity measures with the help of SYRIZA.
By Nick Beams, 14 May 2012
The European financial crisis is worsening amid doubts over the Spanish banking system and concern over the prospect of a Greek withdrawal from the eurozone.
By Alejandro López, 14 May 2012
Hundreds of thousands demonstrated in more than 80 cities and towns throughout Spain Saturday to mark the first anniversary of the eruption of the indignados or 15-M movement.
By Ognjen Markovic, 14 May 2012
The workers of Serbia were largely disenfranchised in the elections held on May 6.
By Christoph Dreier, 12 May 2012
The aim of the current talks in Greece is to develop a political mechanism capable of implementing the austerity policies of the European Union in the face of massive opposition.
By Christoph Dreier, 10 May 2012
Representatives of the EU have responded to the Greek vote by aggressively insisting that austerity measures must go forward, regardless of mass opposition.
By Alejandro López, 10 May 2012
After agreeing to form a coalition government with the Socialist Workers Party (PSOE) government in Andalucía last week, the United Left (Izquierda Unida, IU) has agreed to cuts in the regional budget.
By Marianne Arens, 9 May 2012
Traditional parties and politicians lost heavily in Italian local elections held last weekend.
By Peter Schwarz, 8 May 2012
The voting out of office of Nicolas Sarkozy in France and the devastating defeat of the ruling parties in Greece are an expression of broad opposition to the austerity policies laid down by the European Union.
By Christoph Dreier, 7 May 2012
The Greek vote on Sunday is a clear popular repudiation of the policies of austerity. The main beneficiaries of the shift in popular sentiment to the left, however, do not represent a genuine alternative.
By Katerina Selin and Christoph Dreier, 4 May 2012
The Greek election is overshadowed by poverty and a growing desperation fuelled by the broad sentiment that no party expresses the genuine social interests of the population.
By our reporters, 3 May 2012
The World Socialist Web Site reports on the May day rallies held in Greece and Spain.
By Alejandro López, 2 May 2012
Spain’s Popular Party government is meeting opposition to austerity measures totalling over €50 billion with escalating repression.
By Vicky Short, 1 May 2012
Foreign Minister Jose Manuel Garcia-Margallo’s remark came as economic contraction pushed the Spanish economy officially into recession for the second time since 2009.
By Nick Beams, 30 April 2012
Since the near-default of Greece threatened to set off a meltdown late last year, the eye of the financial storm has shifted to Spain.
By Christoph Dreier, 28 April 2012
Despite the plethora of parties contesting the Greek elections on 6 May, workers have no voice.
By Alejandro López, 25 April 2012
Not a day passes in Spain without further cuts at the local, regional or national level being announced, or measures imposed curtailing democratic rights.
By Peter Schwarz, 19 April 2012
Under pressure from the European Union and the international financial markets, Spain is sliding into a downward spiral of austerity and recession.
By Alejandro López, 17 April 2012
Spain’s financial situation is deteriorating rapidly as speculators continue their attacks.
By Marianne Arens, 16 April 2012
While the Monti government's austerity measures are fueling social opposition, the extreme right-wing Northern League is trying to channel popular anger and despair along racist lines.
By Alejandro López, 14 April 2012
Three weeks after the mass arrests and violent repression unleashed against the March 29 general strike in Spain, the main trade unions have yet to issue a word of condemnation.
By Stefan Steinberg, 13 April 2012
The date for the upcoming Greek election has been decided by the representatives of international high finance.
By Julie Hyland, 9 April 2012
On Saturday, hundreds attended a memorial service for Dimitris Christoulas, the 77-year old former pharmacist who killed himself with a handgun on Wednesday morning in Athens’ Syntagma Square.
By Christoph Dreier, 7 April 2012
Thousands of mostly young people have taken to the streets of Athens following the suicide of 77-year-old Dimitris Christoulas on Wednesday.
By Alejandro López, 6 April 2012
Last week’s general strike in Spain displayed the readiness of the working class to resist the austerity measures being imposed by the right-wing Popular Party government, the European Union and the International Monetary Fund.
By Alejandro López, 5 April 2012
The draft state budget unveiled on Tuesday represents a new stage in the social counter-revolution led by the right-wing Popular Party on behalf of the financial oligarchy.
By Julie Hyland, 3 April 2012
Last Thursday’s general strike in Spain against the Popular Party government, the European Union and its austerity policies once again demonstrated the power of the working class and its readiness to fight.
By Alejandro López, 3 April 2012
Spain’s Popular Party government has announced €27.3 billion in cuts to the 2012 budget, the most austere since the fascist dictatorship.
By Vicky Short, 2 April 2012
The two main trade unions representing pilots and cabin crew at Spanish airline Iberia have renewed their call for strike action against the creation of a new low-cost subsidiary, Iberia Express.
By Alejandro López, 31 March 2012
Thursday’s general strike in Spain was supported by 77 percent of the workforce and paralyzed whole cities.
By Vicky Short, 30 March 2012
Yesterday’s general strike against new labour laws imposed by the right-wing Popular Party government was joined by up to 80 percent of Spain’s workforce.
By Marianne Arens, 30 March 2012
Italian prime minister Mario Monti knows he has nothing to fear from the unions and Italy’s pseudo-leftist organisations as he introduces his new labour reform.
By Alejandro López, 29 March 2012
The Communist Party, the Anti-Capitalist Left of the Pabloite United Secretariat, In Struggle (Spanish affiliate of the British Socialist Workers Party) and other pseudo-left organisations have acted as unabashed promoters of the union bureaucracy.
By Mike Jobson, 26 March 2012
On Friday the Italian cabinet approved a reform advanced by the unelected Monti government to scrap Article 18 of Italy’s labor code.
By Ognjen Markovic, 24 March 2012
A large demonstration against declining living standards and corruption took place in the Montenegrin capital of Podgorica on March 18.
By Paul Mitchell, 23 March 2012
Portugal was paralysed by a general strike yesterday, as workers demonstrated against austerity measures and labour reforms.
By Christoph Dreier, 23 March 2012
With support plummeting for the Greek ruling parties, a host of pseudo-left parties are working to stabilize the situation and lay the ground for a government capable of enforcing new attacks on the working class.
By Alejandro López, 22 March 2012
Spain’s financial situation is deteriorating rapidly, with debt reaching an historic high of 68.5 percent of GDP during the last quarter of 2011. It has now entered its second recession since 2009.
By Nick Beams, 19 March 2012
The €130 billion package was not a bailout of Greece, but of the banks and financial institutions that put money in its bonds.
By our reporters, 17 March 2012
Plastered on the windows of the unemployment office in the Neos Kosmos district of Athens are posters with slogans denouncing the austerity measures of the unelected government of Lucas Papademos.
By David Walsh, 17 March 2012
Ongoing protests by Italian truck drivers against the government’s austerity measures and the price of fuel have cut production at several of automaker Fiat’s plants.
By our reporters, 15 March 2012
Massive cuts to the public health care service were passed by the Greek parliament on March 1.
By Alejandro López, 15 March 2012
The two main Spanish unions, Comisiones Obreras (CCOO) and Union General de Trabajadores (UGT), have called a general strike for March 29 against the latest labour legislation.
By our reporters, 14 March 2012
It is officially estimated that a third of Greeks now live below the poverty line, but things are much worse in reality.
By our reporters, 13 March 2012
This month, steelworkers employed at the Hellenic Steel plant on the outskirts of the Greek capital entered the fifth month of a bitter strike.
By Stefan Steinberg, 12 March 2012
Far from warding off insolvency, Thursday’s debt relief deal for Greece represents a significant step towards the official bankruptcy of the country.
By Peter Schwarz, 10 March 2012
The debt “haircut” for the holders of Greek bonds has not reduced the country’s debt, but increased it.
By Ognjen Markovic, 10 March 2012
Following accession negotiations which began in 2005, Serbia was awarded official candidate status of the European Union on March 1.
By Alejandro López and Chris Marsden, 9 March 2012
The Supreme Court’s decision to acquit Baltasar Garzón of misconduct for investigating the crimes of Franco’s fascist regime represents a tactical retreat by Spain’s ruling elite in the face of popular hostility to his prosecution.
By Ulrich Rippert, 8 March 2012
What is clear from the latest haggling over private investor participation in a Greek debt deal is that the most aggressive sectors of speculative finance capital have been able to expand their activities and influence.
By Sarath Kumara, 7 March 2012
The resolution will do nothing to address the war crimes carried out by the Sri Lanka military in the final stages of the island’s civil war.
By Marianne Arens, 7 March 2012
The Italian government and the employers’ federation are intent on abolishing the country’s employment protection laws and are relying on the support of the trade unions.
By Mark Church, 6 March 2012
The ancient Roman town is in great danger due to years of under-funding and over-exploitation, producing widespread degradation and the collapse of ruins.
By Paul Mitchell, 6 March 2012
Figures released this week show that the Spanish economy is spiralling into recession.
By Alejandro López, 3 March 2012
Further protests against cuts in education and police violence were held in Valencia Wednesday, as well as in Catalonia and the capital, Madrid.
By Alejandro López, 2 March 2012
The strike planned for February 27 to March 1 by workers of the Transports Metropolitans de Barcelona (TMB), the main public transit operator, was called off on Sunday.
By Peter Schwarz, 29 February 2012
Although the talk is always of “aid” or a “rescue package” for Greece, the almost 200 billion euros will flow directly into the coffers of the banks.
By Christoph Dreier, 25 February 2012
Rather than siding with the Greek workers against the European Union and its policy of social devastation, the European trade unions, including those in Greece, are working with the EU and the European governments to contain the crisis by impoverishing the working class.
By Alejandro López, 24 February 2012
A February 20 demonstration by students and schoolchildren in the Spanish city of Valencia was subject to a violent attack by police. The city was flooded with police, who made 43 arrests, including eight minors.
By Peter Schwarz, 23 February 2012
The events in Greece show the true character of the European Union. It is not a means of achieving genuine European unity, but rather an instrument to subjugate all of Europe under the dictatorship of finance capital.
By Julie Hyland, 22 February 2012
The €130 billion plus package of loans agreed by euro zone finance ministers does nothing to protect Greece from bankruptcy.
By Christoph Dreier and Alex Lantier, 21 February 2012
A euro zone finance ministers’ meeting strained to reach an agreement on a new “bailout” for Greece, based on deeply unpopular austerity measures.
By Alejandro López, 21 February 2012
Hundreds of thousands of workers demonstrated in 57 Spanish cities on Sunday against the latest labour reform passed by the right wing Popular Party.
By Christoph Dreier, 20 February 2012
In the socially explosive situation in Greece today a government of the “left” would merely strive to break the workers’ resistance and prepare authoritarian forms of rule.
By Marianne Arens, 18 February 2012
More than 60 people have died as a result of cold weather and snowstorms in the east and northeast of Italy.
By Paul Mitchell, 18 February 2012
Reform of Portugal’s labour laws and the right-wing coalition government’s austerity measures are provoking mass opposition.
By Ulrich Rippert, 18 February 2012
The European working class and especially German workers must come to the aid of the Greek population.
By Alejandro López and Chris Marsden, 17 February 2012
The prosecution of Judge Baltasar Garzón by Spanish authorities is both politically and morally obscene.
By Alejandro López, 17 February 2012
The labour legislation passed by the Popular Party government will dramatically curtail the employment rights of Spanish workers.
By Nick Beams, 16 February 2012
Athens accused “forces in Europe” of trying to drive out of the euro, as leading euro zone countries issued further demands to be met before bailout funds are released.
By Peter Schwarz, 15 February 2012
The militant protest by 100,000 people in front of the Greek parliament Sunday evening marked a sharp turn in the mood of the Greek population.
As popular anger erupts
By Nick Beams, 14 February 2012
Despite the Greek parliament passing a sweeping austerity program, the meeting of euro zone finance ministers to be held tomorrow is likely to demand further cuts.
By Vicky Short, 14 February 2012
On Thursday February 9, the Spanish Supreme Court handed down an 11 year ban on National Court judge, Baltasar Garzón holding office.
By Vicky Short, 14 February 2012
Declassified German state documents shed light on King Juan Carlos’s attitude to the February 1981 coup attempt in Spain.
By Nick Beams, 13 February 2012
The far-reaching austerity package will push the country deeper into recession and bring further social misery.
By Robert Stevens, 11 February 2012
With speculation mounting of a possible forced exit from the euro, the unelected governing coalition led by Greek Prime Minister Lucas Papademos is pledging to meet whatever requirements are demanded of it.
By Peter Schwarz, 10 February 2012
The “troika” of the European Commission, the International Monetary Fund and the European Central Bank is demanding no less than the complete ruination of the Greek working class.
By Alex Lantier, 9 February 2012
Leaders of the three political parties in Greece’s coalition government met yesterday to discuss new demands from European financial authorities for deep cuts in wages and social spending.
By Robert Stevens, 8 February 2012
Talks held Tuesday night between the three parties making up the Greek government of Prime Minister Lucas Papademos failed to finalise the cuts demanded of it in return for a €130 billion rescue package.
By Alejandro López, 7 February 2012
Victims of the Franco regime testified in front of Spain’s Supreme Court during the trial of Judge Baltasar Garzón.
By Nick Beams, 6 February 2012
The austerity measures being demanded are said to include a 25 percent cut in the minimum private sector wage and a 35 percent reduction in supplementary pensions.
By Martin Nowak, 2 February 2012
Two weeks after the sinking of the Costa Concordia, the dirty side of the lucrative cruise business is increasingly coming to light.
By Mike Jobson, 1 February 2012
Strikes and protests continue in Italy after strikes by truckers and fishermen against austerity policies paralysed the country early last week.
By Stefan Steinberg, 30 January 2012
The German government is proposing that the European Union be empowered to directly control Greek budget policy.
By Mike Jobson, 27 January 2012
Yesterday the government of Italian Prime Minister Mario Monti moved to crush protests by truckers, fishermen, and other professions hit by Monti’s unpopular social attacks.
By Ognjen Markovic, 26 January 2012
Unions in Montenegro have agreed to a cut in the number of public employees, pay reductions and a three-year ban on strikes.
By Mike Jobson, 26 January 2012
On January 9, the aluminum company Alcoa announced the closure of its primary aluminum plant in Portovesme, on the Italian island of Sardinia.
By Markus Salzmann, 25 January 2012
Croatian voters approved the country’s joining the European Union in a referendum held on Sunday.
By Alex Lantier, 24 January 2012
Truckers and taxi drivers blocked roads and highways throughout Italy, as protests spread against the social cuts of Prime Minister Mario Monti.
By Stefan Steinberg, 23 January 2012
International financial institutions and European leaders are demanding more of the budget cuts that have had such consequences for Greek workers over the past three years.
By Vicky Short, 20 January 2012
Spanish judge Baltasar Garzón appeared in court January 17 in the first of three cases aimed at silencing him and thwarting his investigations.
By Stefan Steinberg, 19 January 2012
Beyond the role played by the captain, an examination of the broader issues in the capsizing of the Costa Concordia cruise ship suggests that it was an accident waiting to happen.
By James Brewer, 17 January 2012
Rescuers are still searching for survivors in a capsized ocean liner off the coast of Tuscany.
By Stefan Steinberg, 7 January 2012
Greek Prime Minister Lucas Papademos met with trade union leaders on Wednesday to win their support for a new round of austerity.
By Marianne Arens, 6 January 2012
The new head of the Italian government has made significant changes in the country’s foreign policy.