Does the deficit really matter?

An anti-austerity march in central London in June 2014

It has become an article of faith among the financial, economic and political commentariat in Britain and Europe that a budget deficit is an important issue, and one that requires urgent redress. In the UK, this partly results from domestic politics. Over the last five years, government rhetoric has argued that deficit reduction through government cuts… Continue Reading ➤

The Politics of the Politics of European Austerity

German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker in May 2014. Has the advent of the latter's European investment plan indicated a shift in the balance of power in Europe away from German austerity?

The situation in Greece is at breaking point. Local councils have no money and Orthodox churches are having to feed people that authorities cannot cope with. Meanwhile in Athens, the newly elected Syriza party are in a standoff with the European Central Bank as they try to restructure their debt. They promised Greek voters they would… Continue Reading ➤

What’s Wrong with the Left in Europe?

The Occupy London march on 1st May 2012 to mark International Workers' Day

It comes to something when an article on the left in Europe must start with the success of the far-right, once again, in this tumultuous continent. The dust from the three days of terror in Paris, in which gunmen killed 17 people across the French capital, has barely settled on an uneasy and increasingly polarised… Continue Reading ➤

The Rise of the European Left: Syriza and Podemos

A riot policeman during May Day protests in Athens, 2010 (Source: Flickr: Joanna)

Today, the European Union is confronted with a problem that has raised the spectre of an existential crisis. Its failure to counter the 2008 financial crisis has led to economic and social devastation throughout Europe, and with it, a surge in anti-EU sentiment for its harsh doctrine of seemingly endless spending cuts. People are quickly… Continue Reading ➤