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recession

The drive to make the working classes pay for the crisis

17th June 2020 shoreditchadmin2 0

The British ruling class is gearing up for an enormous offensive, compelled by the logic of capitalism itself.
The working class and its allies need to be prepared for the coming onslaught.

Source: Eurostat

High stakes in deepening European crisis

10th July 2013 Socialist Action 0

By Nicky Dempsey

Repeated claims that the European crisis is over are entirely false. Among the countries whose creditors have been bailed out the Greek economy is expected to contract sharply again in 2013, the Portuguese centre-right coalition government has threatened to fall apart and Ireland, long touted as the model for a bail-out, has officially gone back into recession.

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