Osteguna… (segida)

Ikus Asteazkena… (segida)1


Charting Greek Referendum Path


Meanwhile in Ukraine, default is all but certain as Greek crisis provides nice cover for failed state


Osteguneko albisteak

Is This Why ‘Europe’ Is Now Trying To Crush Greece?


Varoufakis to Bloomberg TV, ‘I will not continue as Finance Minister if Greece endorses austerity’


Varoufakis threatens to quit if Greeks vote “YES” in referendum. Why wait? Do it, bro!



Don’t wait for Sunday, Yanis. Quit today. The Greek people deserve better.

WikiLeaks publishes documents of NSA and GCHQ spying on Angela Merkel during the entire Greek crisis


Russia Gets Involved: Tells Europe To Respect The Greek Choice


IMF Bolsters Greek “No” Vote, Says Country Needs Much Bigger Debt Haircut


Stocks Slump Into The Red After IMF Comments


Beware Of Greeks Bearing Referenda


Finally The Truth: “The Greek Debt Is So Big Everyone Understands It Won’t Be Repaid”


China State Official Hints Beijing May Bailout Greece


EU Parliament President Tells Greece:Time For Another Puppet Government


Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React


Did The IMF Just Open Pandora’s Box?


Bill Mitchell

(i) European Court of Justice effectively rules that Eurozone is a shambles2

(a) EZB eta arazo fiskala3

(b) Europako Justizia Auzitegia4

(c) Federazio baten banku zentrala5

(d) EZB eta Troika6

(ii) So-called ‘free trade’ agreements should be strongly opposed7

(e) Greziako jendearekiko elkartasuna8

(iii) The concept of ‘one Europe’ under threat from austerity9

The latest Survey(No. 418) – Introduction of the euro in the Member States that have not yet adopted the common currency – shows how confused people are in Europe at present.

(f) Txostenak ez ditu benetako arazoak aipatzen10

(g) Eredu sozialari egindako erasoa11


(h) ILOren txostena12:

  1. Langileen eskubideak erasoak izan dira

  1. Lan-indarraren merkatua malgutu egin da, erabat

  1. Babes soziala murriztu da

  2. Elkarrizketa soziala oztopo bilakatu da

  3. Sektore publikoa murriztuta erabat

  4. Kohesioa alboratu da

  1. Azken konklusio orokor gisa13

3 Ingelesez: “… the ECB saved several Eurozone governments from insolvency in 2010. Later in 2012, when ECB boss Mario Draghi announced it would do whatever it took – which meant the ECB would buy unlimited quantities of government bonds to prevent a Eurozone collapse, he reaffirmed the massive fiscal capacity that the central bank had and the absence of a properly constituted fiscal capacity within any elected Eurozone body (such as a Eurozone Parliament).”

4 Ingelesez: “The European Court of Justice’s decision effectively sanctions the ECB to continue to be the fiscal agency within the Eurozone, an extraordinary outcome if one recognises that the ECB has no political justification – it is made up of unelected officials who are not directly accountable to any citizen in any country, unlike an elected government.”

5 Ingelesez: “The lender of last resort function carried by central banks in a federation has to be seen as part of the overall powers of the elected national government at the head of such a federal structure. The central banks in these situations act under legislative rules at the behest of the elected government, which can change the laws to suit the need. The ECB is immune to such national government interventions, which the elected legislatures deem to be in the best interests of their citizens.”

6 Ingelesez: “The fact that the ECB joined the Troika, which included the IMF, a non-European, non-elected, non-accountable organisation, is evidence of how far removed from a democratically-organised federation the Eurozone is. I have no doubt that the ECB is acting as a fiscal authority, which the European Treaties explicitly banned. The fact that the European Court of Justice has conveniently overlooked the aberrant behaviour by the ECB, is like all things Eurozone, ad hoc.”

8 Ingelesez: “My header this week is in solidarity for the Greek people. I hope they vote no and then realise that leaving the dysfunctional Eurozone will promise them growth and a return to some prosperity. They can become the banner nation for other crippled Eurozone nations – a guiding light out of the madness that the neo-liberal elites have created. (…) one wonders how low the Brussels elite will go to preserve control of the agenda. They clearly lost control on Friday when the Greek leadership decided to go back to the people to determine whether they wanted more poverty-inducing austerity. In response, the Brussels gang along with their Washington mates at the IMF have come out with personal attacks, lies, threats and ridiculous dissembling. But that is what happens when bullies can’t bully.”

10 Ingelesez: “They do not talk about it in terms of the overarching Groupthink that administers the economic reality related to the common currency – such as, the Stability and Growth Pact, the lack of a federal fiscal authority to defend the nations against asymmetric and negative aggregate spending failures (such as the Great Fiscal Crisis).”

11 Ingelesez: “But the challenges to the ‘social model’ have come from “Neoliberal theorists” who “believe in the ability of markets to determine optimal levels of wages and employment” and that “social allocations by the state – such as unemployment benefits – would have the effect of disincentivising work and encouraging voluntary unemployment”.

13 Ingelesez: “The ILO conclude that:

the list of changes in most elements and pillars of the European Social Model since the crisis is formidable. While there are a few exceptions … all other trends show a general withdrawal of the state from social policy, first through massive cuts in social expenditure and reduced funding of education, health care and other public services, and second through radical reforms in a number of areas, such as social dialogue, social protection, pensions, labour market and social cohesion in general
the changes are particularly severe in those countries that implemented an austerity package under the direct influence of the Troika

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