Workers at Mining Industry factory in Northern Greece vote for factory self-management

Statement from workers at a mining industry factory in Greece announcing their decision to take over their factory under workers’ self-management. “You can’t? We can!” Workers at Mining Industry factory in Northern Greece vote for and prepare for self-management of their factory – victory to the workers! Concerning the struggle at VIOMIHANIKI METALLEYTIKI (Mining Industry) … Continue reading

German finance minister: We’re Greece’s scapegoat

The ill will many Greeks feel toward Germany for imposing painful financial conditions on the massive loans the country made to them are just a normal response to a difficult situation, says German Finance Minister Wolfgang Schaeuble. It’s natural for people suffering from their own mistakes to blame others, Schaeuble tells Steve Kroft for a … Continue reading

Protest of the day

Update from the Greek hospital under workers’ control

The health workers who have occupied a hospital in Greece and placed it under workers control have issued a new statement regarding the occupation. The following statement has been made by the health workersoccupying the hospital. Hello all, Thank you so much for your interest and support. The occupation of our hospital in Kilkis by its workers started on … Continue reading

How Financial Crisis, Economic Inequality, Social Media, and More Brought Revolutions in 2011–and Changed Us Forever

Journalist Paul Mason covered the uprisings of 2011 as they occurred. His new book “Why It’s Kicking Off Everywhere,” explains why they all happened at once. February 23, 2012  | We’re at an inflection point in history, a shift not just in our politics but our consciousness, says Paul Mason, BBC Newsnight economics editor, author and journalist. … Continue reading

ALAIN BADIOU. SAVE THE GREEKS FROM THEIR SAVIORS!

Alain Badiou, Jean-Christophe Bailly, Étienne Balibar, Claire Denis, Jean-Luc Nancy, Jacques Ranciere, Avital Ronell. At a time when one Greek youth out of two is unemployed. Where 25,000 homeless wander the streets of Athens. Where 30% of the population has fallen under the poverty line and where millions of families are forced to place their … Continue reading

#OWS Joins International Day of Action: We Are All Greeks Now

Tomorrow, the people of Greece will take to the streets again to occupy Syntagma Square in protest of the extreme austerity measures being imposed on the backs of the Greek 99% to the joy and benefit of the European financial elite. The 99% everywhere are under assault by the same global banking interests. Greece is merely the … Continue reading

This Is What An Economic Depression Looks Like In The 21st Century

Do you want to see what a 21st century economic depression looks like?  Just look at Greece.  Once upon a time, the Greek economy was thriving, the Greek government was borrowing money like there was no tomorrow and Greek citizens were thoroughly enjoying the bubble of false prosperity that all that debt created.  Those that … Continue reading

Summary Of Greek Reform “Pledges”

Submitted by Tyler Durden on 02/08/2012 14:49 -0500 At this point everyone is so habituated to worthless updates from Greece that we are shocked Bloomberg even noticed. Either way, here is latest Greek headline tape bomb, via BBG, which looks at a leaked Troika draft report obtained by Bloomberg. TROIKA DRAFT GREEK ACCORD SAYS 2012 GDP TO … Continue reading

‘Could the Germans Survive a Crisis like Greece’s?’

Time is running out for the Greek government, which needs to reach a deal on unpopular austerity measures if it is to secure a second EU/IMF bailout. German commentators argue the country has already suffered enough, saying what are needed now are measures to stimulate growth. As the end game in Greece’s crunch bailout talks looms, … Continue reading