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EU finance ministers demand more austerity at Dublin summit - World Socialist Web Site

▻http://www.wsws.org/en/articles/2013/04/15/euro-a15.html

EU finance ministers demand more austerity at Dublin summit
By Stefan Steinberg
15 April 2013

Despite new data indicating that Europe’s recession will continue into the second half of this year, European finance ministers meeting in Dublin at the end of last week agreed to intensify austerity measures which will deepen the social and economic crisis.
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Austerity drives up European unemployment to record levels - World Socialist Web Site

►http://www.wsws.org/en/articles/2013/01/09/euro-j09.html

Austerity drives up European unemployment to record levels
By Stefan Steinberg

9 January 2013

The policy of unrelenting austerity adopted by the European political elite has driven up unemployment across the continent to record levels, as shown in data released Tuesday by the Eurostat statistics agency.

Unemployment in the 17 European countries that make up the euro zone rose in November to 11.8 percent, with the number of jobless workers hitting 18.8 million. This is the highest figure since the single currency was introduced in 1999.

Troika gives green light for Greek election
►http://www.wsws.org/articles/2012/apr2012/gree-a13.shtml

Franchement, de quoi je me mêle

Troika gives green light for Greek election
By Stefan Steinberg
13 April 2012

On Wednesday, Prime Minister Lucas Papademos named May 6 as the date for Greece’s long-awaited general election. As was the case with the appointment of the non-elected banker as the head of government, the date for the Greek election was also decided by the representatives of international high finance.

Papademos, a former head of the Greek central bank and vice-president of the European Central Bank, was selected by European leaders and the International Monetary Fund last November to replace the incumbent prime minister George Papandreou, of the social-democratic party PASOK, who had called for a popular referendum on the austerity measures demanded by the troika.

Grèce Crise financière Troïka Europe BCE

Europe plunging into recession
►http://www.wsws.org/articles/2012/jan2012/euro-j04.shtml

Europe plunging into recession
By Stefan Steinberg
4 January 2012

2011 was a year of austerity for Europe. At the behest of the European Union and the International Monetary Fund, stringent programs imposing cuts in wages, pensions and social services, combined with the decimation of jobs, were introduced by governments across the continent.

These austerity measures, designed to pay for massive bailouts of the banks following the financial crash of 2008, are now plunging Europe into new economic and social turmoil. This is confirmed by the most recent economic figures, which indicate that 2012 will be a year of renewed recession in Europe.

Europe Récession Crisefinancière Dette