Truthout
Europe
The European Financial Transactions Tax: Robin Hood or Sheriff of Nottingham?
The leaders of continental Europe's four biggest countries agreed at last week's euro zone summit on the principle that the European Union should move toward imposing a tax on …
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Fed Expected to Keep Twisting, but Will Markets Shout?
Faced with a wide range of signs warning of an economic slowdown, the Federal Reserve is expected to announce Wednesday that it will extend a controversial bond-buying program even …
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Europe Dodges a Bank Crisis in Spain, but Perils Lurk
While the Spanish banking rescue will be expensive u2014 as much as $125 billion u2014 it will be well within the means of a European emergency fund established for …
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Germany Is Open to Pooling Debt, With Conditions
Pressed by a banking crisis and turmoil in the markets, Germany has indicated that it is prepared to accept a grand bargain that would provide greater support for its …
Europe in the Iron Grip of Neoliberal Fiscal Discipline and Anti-Labor Measures
Global capitalism has plunged much of the world in a crisis of unprecedented proportions and is causing misery and suffering for millions of people.