Euro-Crisis Report Links Bailouts and Austerity To Fascism’s Rise Across Europe

[Published on Occupy.com] Across Europe human rights, due process and democracy are eroding. On the surface, this seems most evident in the continent’s electoral lurch in May toward parties of the far-right – especially Greece’s Golden Dawn, which secured the third most votes while demonstrating open Nazi affiliation. The far-right’s rise connects directly, of course, with escalating conditions…

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Cyprus is paying a painful price for bowing to international capital

Photograph: Getty Images By Tim Jones, source Newstatesman.com Being controlled by global financial interests does not benefit ordinary people, their economy or democracy, writes the Jubilee Debt Campaign’s Tim Jones. A small country is being brought to its knees by a huge banking system which has recklessly been lent money from overseas. Controls on money leaving…

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#Greece: Crisis, Democracy, and the Euro

Source:  http://ilesxi.wordpress.com/2013/03/19/crisis-democracy-and-the-euro/ Τhree years after submitting to the Troika Memorandum, Greece is falling apart. GDP has contracted more than 21% according to IMF calculations, and it is expected to dive another 6% in 2013. Never in world economic history, since statistics began, was such a fall of production recorded without being preceded by a war…

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The future is emerging

Nick Dearden, Jubilee Debt Campaign UK In the centre of Athens, the depth of the crisis can now be measured by the number of homeless people sitting and sleeping on every block. These are the victims of the financiers and politicians of Europe; the ‘collateral damage’, as they are undoubtedly seen, of the policies of austerity.…

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The Terrifying Rise of the Far-Right

Nick Dearden, Jubilee Debt Campaign UK High school teacher Costas was late for a meeting we’d planned because a student of immigrant parents had been abused by two Greek students with a history of racist activities. “This sort of thing is new” he explained to us. “Of course we had some incidents before, but now…

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Life and Debt in Thessaloniki

Nick Dearden, Jubilee Debt Campaign UK We met three people today who summed up the depth of the crisis being experienced by Greek people, but also the courageous attempts to build a new, more democratic society. I had to pinch myself to remember I was in Europe, the stories are so familiar – but from…

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Ski slopes of debt in Spain

Nick Dearden, Jubilee Debt Campaign UK  Last week a former businessman told me with great conviction that the Spanish people had ‘lived beyond their means’. Tonight’s meeting showed just who has lived beyond their means. Iolanda Fresnillo from the Spanish Debt Audit Platform (PACD) told us some incredible stories about her country’s Public Private Partnerships –…

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