austerity

La Grèce et ses créanciers sont sur le point de trouver un « accord ». Il faudra encore faire des économies, cette fois à hauteur de...

Through the prism of the trade balance, the current account surplus can be viewed as a symptom of Germany’s economic success. German exports increased from 30% of GDP in 2000 to 47% in 2015. But with imports at merely 39% of GDP, this implies that Germany is providing capital to the rest of the world at a very high rate. Indeed, German savings have

By Caroline Mortimer The British Government's austerity policies are a breach of international human rights, a new report by the UN has warned. The UN Committee on Economic, Social...

This video intends to sum up in a simple and easy way, how Greek indebtedness grew into the outbreak of the public debt crisis of 2010. It also seaks to denounce, with solid arguments, the huge disinformation around this subject. The details in this video are from the preliminary report of the Truth Committee on Public Debt.

The governing board of the Social Security Foundation (IKA) on Thursday rejected the management’s request for money from the Social Security Capital for the Solidarity of Generations (AKAGE) for pensions for the rest of this year, while the board of the fund of the self-employed (OAEE) approved a similar request to the amount of 150 million euros.

Stories of human suffering continue to multiply in present-day Greece, which is loosely governed by the “first time left” government of Syriza and more directly by the European institutions and the International Monetary Fund. In the city of Patra, an elderly woman whose only source of income is her severely battered

What has gone unsaid by both the Greek and international media are the true origins and contributors to the Greek crisis. These factors include the manipulation, by Goldman Sachs, of Greece’s debt and deficit figures through a series of swaps and derivatives, hiding the true figures in circumvention of EU Maastricht criteria for admission into the Eurozone, for a tidy

Despite the persistent effort of the Greek Media to present the report issued by the Independent Evaluation Office on July 8, which examines the contribution of the IMF on the “rescue” plan of three countries (Greece, Ireland and Portugal) as a “public apology”, the facts belie them.

But Greek Prime Minister Alexis Tsipras was holding a simultaneous meeting of southern EU leaders in Athens, seeking French and Italian support for an “anti-austerity front” designed to challenge Germany. Years of privatisation and cuts have reduced the size of the Greek economy by more than a quarter and seen national debt soar

Between 2000 and 2013, Portugal, which comprises less than 10 percent of the landmass in Europe’s Mediterranean region, recorded a third of the fires. The number of fires has increased from around 3,000 in 1980 to around 20,000 a year today. They are always followed by an official enquiry and report, which blames the lack of firefighting resources,