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A new age of austerity has come to Europe.

The European Union (EU) and IMF are ready to hand another $1 trillion to the bankers while demanding an intensification of the assault on Greek workers.

Everyone who wants to be part of the resistance in Britain and Europe should be at the Right to Work emergency conference on 22 May.

While we are watching the election results, there’s a stark reminder of the fragility of the economic "recovery". US shares have plummeted amid fears that the turmoil in Greece could spread to other parts of Europe.

Europe’s press and politicians have attempted to portray ordinary Greeks as lazy and ill deserving of being bailed out.

Statement on the European crisis The global economic crisis continues. Massive amounts of money have been injected into the financial system – $14 trillion in bailouts in the United States, Britain, and the eurozone, $1.4 trillion new bank loans in China last year – in an effort to restabilize the world economy. But it remains an open question whether or not these efforts will be enough to produce a sustainable recovery. Growth remains very sluggish in the advanced economies, while unemployment continues to rise. There are fears that a new financial bubble centred this time on China is developing. The protracted character of the crisis – which is the most severe since the

The Jobbik party grabbed 17 percent of the vote in the first round of the Hungarian general election, in a chilling warning to the rest of Europe. It came third with 842,306 votes – only just behind the ruling Socialist Party.

When over 200 RMT activists marched out of Lille station in northern France on the morning of 13 April they were greeted by cheers from their French counterparts.

Greece is back in the eye of the storm—if it ever went away. European leaders this week agreed to loan the government up to £26.4 billion, if it asks for it.

European Union leaders all agree that deep cuts are needed—but they are sharply divided over how to slash Greek workers’ living standards.

The battle against cuts is on across Europe—and Britain is no exception.

At one level, the Greek crisis is a familiar tale of market blackmail and bullying. Through giving up its own currency and joining the euro, Greece attached itself to one of the world’s major economies, Germany.