Ministers of the 27 member states of the European Union have reached a very difficult agreement on the bloc’s new budget rules. Reform of the Stability and Growth Pact has been called for for some time, with countries such as Italy pushing for it to mean abandoning austerity once and for all. But the resistance […]
Tag: austerity
Stability Pact: rules are changing but austerity continues
Ministers of the 27 member states of the European Union have reached a very difficult agreement on the bloc’s new budget rules. Reform of the Stability and Growth Pact has been called for for some time, with countries such as Italy pushing for it to mean abandoning austerity once and for all. But the resistance […]
A former banker who leads the left
From Goldman Sachs to Syriza, from the financial elite to the party that represented the European left’s dream of recovery against austerity and financial capitalism between 2014 and 2015. This is the story of 35-year-old Stefanos Kasselakis, who took over the leadership of the main opposition party in Greece and took over the helm left […]
Angela Merkel’s annual salary: 3,000 euros per month for hairdressers and beauticians
German politicians, as we know, are European keepers of the word financial rigor. But their frugality seems to end where caring for one’s body and image begins, at least according to spending with public money that has surfaced in the German media: Among them is the 55,000 euro bill that Angela paid. Since Merkel left […]
What’s going on in Tunisia and why is the EU afraid of chaos?
The increase in immigration flows from Tunisia should be a problem not only for Italy, but also for Europe. This is the call from the Roman government at the table in Brussels in the last few hours. Foreign Minister Antonio Tajani expressed fears related to the recent unrest in Tunisia that risks dragging the country, […]
Because there was austerity, the consequences of the 1973 oil crisis in Italy
There were those who took the bicycle from the basement, others the tandem and the skates, some even the wheelchair and the horse. From December 2, 1973, an Italy accustomed to the economic boom remained on foot. Much has been said these days, after the increase in energy costs due to the war in Ukraine […]