Meeting on “Economic governance, the Troika and the struggles against European neoliberalism” Amsterdam, October 4th to 6th
Conclusions of the meeting: http://storify.com/ICANetwork/euincrisis-economic-governance-troika-struggles
Activists, organisations and networks addressing the undemocratic neoliberal crisis governance imposed from the EU will be meeting in Amsterdam from October 4th to 6th to discuss together which struggle strategies have and are being most successful in each country, with the aim to build a stronger and more coordinated European movement.
The meeting has been organised by different groups such as Corporate Europe Observatory (CEO), Transnational Institute (TNI), ATTAC, Blockupy Frankfurt and the Spanish Platform for a Citizen Debt Audit (PACD) amongst others, and it will take place in Amsterdam’s Conference centre (Lombokstraat 40). Issues such as successful experiences of resistance, coordination of European and national initiatives, common priorities and targets, increasing social awareness and communication strategies will be worked on.
Fuente: Blog Leonidas Vatikiotis, miembro de ELE Grecia.
New fact on the debt issue, even within Europe, creates the Norwegian Government’s decision to launch on August 15, 2013 official audit on whether the debt that a number of developing countries owe her, is legitimate. The “new” fact that the Norwegian Government introduces concerns the liability of the creditor. Also, it highlights, the moral obligation of the creditor to prove that the debt owed by other governments is indeed legal! This is a big step forward, which if it is applied by other governments, it may mark a radical change in the debt chart within the eurozone. A chart, that as it is now configured, is against the peripheral countries, who have been turn into debt colonies in the benefit of the center countries, who keep draining them. For instance imagine, the consequences of an audit of the debt that Greece owes to Germany, especially when it will examine the compatibility of the two loan agreements with the international law, with which Greece has been tied up, or the possibility of setting off what Greece owes today with the (multiple in value!) amounts that Germany owes to Greece since the Second World War. Indisputably, the move of Norway makes it difficult for Germany and the other countries who have loaned Greece to save their banks. It also gives new support to the countries that face debt crisis, to request debt audit, as a means to cancel part or even all of the public debt.
Follow the meeting & conclusions through Storify blog
The meeting intends to bring activists, organizations and networks that are addressing the undemocratic neoliberal crisis strategy and governance imposed from the EU – the EU shock doctrine – and discuss together which strategies have been more successful and to identify what are the common lines from which we can draw a genuine European movement.
Austerity, privatisation and attacks on social rights are being pushed systematically from the European level. While there have been many impressive struggles at the national level in Southern Europe, European coordination and its response is still small.
First steps towards more European coordination have been around sporadic action days. They have allowed in some countries to make resistances visible but have not managed to achieve a substantial turn around. At the same time new forms of action, organisation and campaigning are emerging, but often with little coordination between the social actors – from the more radical to the more traditional – that promote them.
5 years after the bankruptcy of Lehman Brothers, and the beginning of the worst economic crisis in decades, the EU has not delivered on promises of strong regulation of the financial sector. A swift overhaul is needed. Together with other organisations (full list at the end), CEO has signed the statement below.
The 15th of September marks the fifth anniversary of the most spectacular bankruptcy in the financial crisis of 2007-2008. On that day, renowned Wall Street investment bank Lehman Brothers filed for bankruptcy due to disastrous investments in US real estate through financial products. At the time, European leaders made bold promises to reform financial regulation in the EU “to respond to crises, but also to avoid them in the future”, Commission President Barroso said. Five years on, the results are woefully insufficient.
Source: 15MpaRato blog
As many of you know, since we filed in June 2012 the #QuerellaPaRato (lawsuit against Rato), we have been presenting financial authorities like the CNMV (National Securities and Exchange Commission) such basic questions as “what are preferred shares” – that invention of Rato – or “who were they sold to” and “what were the investors’ profiles”.
Very simple questions, the result of a complex legal strategy.
Repeatedly asking what are these preferred shares was how we got the CNMV report. Now, any swindled person can use it to file a criminal lawsiut against their bank, instead of embracing an arbitrage which is nothing but a trap, since it only seeks that swindled renounce legal action (they know they would loose in a court case). The answer was what we suspected: preferred shares are a scam. But it is not the same to suspect this, to having the CNMV itself openly confess it in a report full of details.