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.

Photo by Saikofish

The latest phase of the Euro crisis

10th October 2011 Socialist Action 0

By Tom O’Donnell

The foolish vanity that the current crisis in the European economy and financial markets was confined to the so-called ‘peripheral’ economies of the Euro Zone has been exposed as complacent self-delusion. Among the recent development the large Belgian-French-Luxembourg bank Dexia is threatened with bankruptcy despite already having been bailed out by the governments. Crucially, yields on French and Belgian government debt have climbed to reflect the increased risk of taxpayer funds being used for further bank bailouts. Their yield premia over Germany is now equivalent to the premium paid by Irish and Greek governments as the crisis began to unfold. The crisis has migrated from the ‘periphery’ to the ‘core’.

Photo: Rødt nytt

The violence of Europe’s far-right

7th August 2011 Socialist Action 0

By Andrew Williams

 

July’s terrorist atrocity directed against the Norwegian Labour Party has been a lethal reminder of the role violence plays in Europe’s far-right. The twin attacks in Oslo and at the Utoya island youth camp resulted in 77 deaths, primarily of young people.