The time has come for Greek and German politicians to own up to their serial idiocy. By Yanis Varoufakis.
So, some German politicians put on paper that which they have been thinking a while: Greece has become an unbearable burden and, if they are to resign themselves to continuing to put their money in that particular black hole, they might as well have a say in the way it is managed on the ground. Predictably, the leaking of this document gave Greek politicians, and the hapless Finance Minister in particular, a great opportunity to flex muscles, to recite their fury regarding Germany’s trampling on Greece’s national sovereignty, etc.
Poppycock, I say! On both sides. On the Greek side, what on earth did we expect? Once a country accepts the logic of massive loans on condition of austerity that deepens the country’s insolvency, thus demanding more loans, the moment will come when the international lenders will insist upon direct executive powers. In corporate language, this is known as receivership. The Greek politicians that put their signatures on the dotted line of the various ‘bailout’ agreements are stretching credulity when protesting the loss of national sovereignty. The horses bolted months ago.
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Hell will have frozen over before Britain ever consents to a Tobin tax, meaning the EU will never adopt one. All the noise about such a tax from Nicolas Sarkozy and Angela Merkel is cynical politicking. By Yanis Varoufakis.
Ten years to the day since the first detainees entered Guantánamo Bay, it seems unlikely that the detention centre will close any time soon. By Fiona de Londras.
Greece's Private Sector Initiative (PSI) gave the shadow banking sector a great new opportunity to profiteer at the expense of Greece and of Europe and escalated the latter’s crisis rather than helping tame it. By Yanis Varoufakis.
Following the publication of hte Bassiouni Report into human rights abuses in Bahrain the eyes of the world have largely turned away from the Gulf state, satisfied that a human rights “process” has run its course. However, substantive abuses continue unabated. By Colin Murray.
On last Tuesday, 13 December, two Senegalese street vendors, Samb Modou and Diop Mor, became the most recent victims of fascism on the streets of Europe.
Amnesty International today urged states to act on a
Socialist Party MEP Paul Murphy has spent the past week in Gaza, and has been writing about his experiences for Politico. Read his account of days one and two

