A lobbyist of the multinational elite was appointed prime minister of Greece, an undemocratic political deviation that must be annulled by massive and decisive popular action. PASOK and Nea Democratia agreed at last, after a marathon of consultations, to commonly appoint Loukas Papademos as prime minister. “Democratic Alliance” and LAOS supported the procedure with enthusiasm, while the “Democratic Left” an ...

Thousands of students marched through central London on Wednesday to protest against fee increases and were met by large numbers of police but as darkness fell the demonstration appeared to be passing off peacefully. As the protestors made their way through the City there were sporadic incidents involving bottles being thrown. An attempt was made to pitch tents in Trafalgar square but they were moved on qui ...

Greek finance minister set to lead new coalition in deal struck in desperate bid to avoid snap elections. Greece's embattled prime minister George Papandreou has agreed to step aside to make way for a government "of broad acceptance" that will be led by his long-time political foe, finance minister Evangelos Venizelos. Ahead of winning a crucial vote of confidence in parliament by 153-145, Papandreou, who h ...

World leaders are gathering in Cannes for the opening of the Group of 20 summit today. On the top of the agenda is the Greece bailout and the European debt crisis. On Monday, Greek Prime Minister George Papandreou angered many European leaders by announcing his support for a popular referendum—allowing the Greek people to decide if they want to accept the conditions of the $179 billion European Union bailou ...

The past two years the Greek population is witnessing the harshest austerity measures since the introduction of the Euro. Greece became the ‘black sheep’-member of the European Union and had to be punished hard. In 2010 the first austerity package was imposed by the Greek government under the commands of the Troika (the IMF, the EU and the ECB). As a result, last month unemployment reached 18% and 40% among ...

Since the occupation of Wall Street first began on September 17th, the mainstream media has criticized the general assembly for its lack of a cohesive list of complaints or demands. Not to be rushed by expectations of corporations and the elite they serve, the Occupy Wall Street action took its time fulfilling this demand. On Thursday night, Occupy Wall Street participants voted on and approved the first of ...

Thousands of demonstrators take to the streets in New York to highlight police brutality at last week's protest against the power of the US finance industry Several thousand anti-Wall Street protesters marched through downtown Manhattan on Friday night to protest against incidents of police brutality at a previous demonstration. The group was part of the Occupy Wall Street movement which has camped for almo ...

Social-democracy had its apogee in the period 1945 to the late 1960s. At that time, it represented an ideology and a movement that stood for the use of state resources to ensure some redistribution to the majority of the population in various concrete ways: expansion of educational and health facilities; guarantees of lifelong income levels by programs to support the needs of the non-”wage-employed” groups, ...

People, men and women, workers, Greeks and immigrants, The deepest darkness has covered our society. An unprecedented attack is launched against our rights that have been established after long struggles. Employment, education, health care and all public goods are entering a new medieval era. This new medieval era is imposed by the iron fist of the PASOK-government and the international mafia of the E.U. - ...

by ERIC TOUSSAINT In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint about various facets of this new stage in the crisis. CADTM: Is it true that Greece has to commit to paying about 15% interest rates to be allowed to contract ten year loans? Eric Toussaint: Yes, ...