This video is called Greek communists unveil Acropolis banner, against bailout package.
The Greek government, in close cooperation with European politicians, bankers and the International Monetary Fund, is working frantically this week to push through parliament massive austerity measures overwhelming opposed by the Greek working class: here.
Leading German industrialists and economists are arguing that Greece should either withdraw or be thrown out of the eurozone in order to avoid a breakup of the European Union: here.
Arianna Huffington: Given that the Greeks invented democracy, it’s only fitting that they’re now being given the chance to reinvent it. And yes, I know we Greeks have a reputation for mythmaking and drama — but, as I found out during my trip to Greece last week, those really are the stakes. Until I went over and witnessed what’s happening, I too had become convinced that the real issues were the ones the media were obsessively covering: the effects of a potential sovereign default on the Euro and worries about the crisis spreading to other European countries. But here’s the bigger issue: Can a truly democratic movement break the stranglehold of corrupt elites and powerful anti-democratic institutional forces that have come to characterize not just the politics of Greece, but most Western democracies, including our own? Here.
Mark Weisbrot on IMF policies, Greek economic crisis & gov austerity measures making things worse: here.
Greek MPs approved another regressive austerity Bill today, paving the way for five more years of privatisation and pay and welfare cuts: here.
Greece approves austerity plan as protests continue: here.
Greek trade unionist: “We will not accept this law. We are strong and determined”: here.
Inside Greek’s General Strike: Report From Athens as Thousands Protest Sweeping Austerity Cuts (Video): here.
Greek Communists accused Athens police today of deploying far-right thugs to give them an excuse to launch a violent crackdown on thousands of leftwingers during this week’s 48-hour strike: here.
IF anyone is in doubt about who benefits from the second so-called bailout of Greece, a brief glance at the financial pages would be instructive: here.
More job cuts as austerity slams UK: here.
Christine Lagarde takes over IMF: here.
A comment on that from Another angry woman blog:
This is not what victory looks like
June 29, 2011
The IMF has appointed its new chief, and she happens to be a woman. This is apparently a victory for feminism, particularly as the former chief was arrested for sexual assault. Having a woman replace an alleged rapist is what passes for victory these days.
This is not a victory for feminism. The “feminist agenda” was never so simple as to just be pushing for putting more women in positions of power. Having more women in power within our current system will not change a thing.
Portugal has announced a fresh wave of punishing tax rises and sell-offs aimed at appeasing international creditors: here.
Italy and the IMF: here.