Support for Syriza, the Greek Coalition of the Radical Left, has melted away. Despite its programme of support for the worst hit by the assault on living standards, polls show the party with just 15.5% backing, lagging way behind the right-wing New Democracy which is on 33%. Since the 2009 crash, household wealth is down […]
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Tag: Syriza
Economy close to fatal debt overdose
Over the past year household incomes in the UK grew by just 1.5% but outstanding car loans, credit card balances and personal loans rose by 10%. That 8.5% gap is one measure of the increasingly difficult task most people face of putting food on the table, keeping warm in winter, paying for rent and travel. […]
Review: How Varoufakis’ dream turned int
Yanis Varoufakis lost his 2015 battle with what he calls “Europe’s deep establishment”. Now he’s working to build DiEM 25, a pan-European, cross-border movement of democrats. Their aim is to repair the European Union. In January, 2015 he was elected, with 140,000 votes, as finance minister in the Syriza-dominated government. His mission – to overturn […]
A new warning from Greece – loud and cle
There’s been a dramatic drop in consumption of basic commodities such as bread and milk in Greece in the first months of 2017, according to the Hellenic Food Industry Federation. It’s not hard to see why there’s such a decline under way. An increasing proportion of the Greek people can no longer afford to eat. […]