Economic crisis fuels continuing political crisis in Europe

12th October 2014 Socialist Action 0

By Bob Clarke

The political impact of the economic crisis in Europe has entered a new phase. When the economy was contracting virtually all parties implementing austerity policies were thrown out of office or at least experienced a large drop in their support. In the more recent period of economic stagnation, the same economic policies have the effect of shifting the burden of the crisis onto workers and the poor while capital benefits, boosting the incomes of the very rich and allied layers.

Graph from: Eurostat

EU strikes on 14 November

8th November 2012 Socialist Action 0

By Nicky Dempsey

Unions in a number of European countries have called a mass one-day strike for November 14. It is the first time since the crisis began that co-ordinated industrial action has been organised in a number of different countries. It represents an important step forward in the growing collaboration between the workers’ organisations in a number of countries and poses the question of a European-wide action programme to deal with the crisis.