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Version 2.0: Europe is moving to the Right and far Right

30 July 2024 - by Eric Toussaint

In light of the new distribution of seats among the legislative groups in the European Parliament, we are publishing version 2.0 of an article first published in June 2024. This new version has been greatly augmented and updated due to the many (...)
Europe is turning black and brown

28 June 2024 - by Eric Toussaint

How should we interpret the results of the EU parliamentary elections? In Croatia the voter turnout was only 21.35% The first observation: in the EU elections held in all 27 member countries between 6 and 9 June 2024, voter turnout was once (...)
Dark clouds over Europe with a few sunny patches

22 June 2024 - by Eric Toussaint, Mario Hernandez

We are publishing here a transcript of an interview with Éric Toussaint by journalist and publisher Mario Hernandez for the radio programme “Metropolis”, broadcast on June 13, 2024 on Radio del Pueblo (People’s Radio), AM 830, in the city of Buenos (...)
The Pact on Migration and Asylum: another step forward for necropolitics in Europe

18 June 2024 - by Emmanuelle Carton

Introduction The adoption of the new Pact on Migration and Asylum by the twenty-seven EU member States creates a brutal process of selection determining who will be accepted and who will be rejected Migratory policies in Europe in this year (...)
The Drums of War are Banging in Europe

6 June 2024 - by Eric Toussaint, Paul Murphy, Miguel Urbán Crespo

These weeks see the end of the term for an ineffectual European legislature which served during the worst pandemic of this century, during Vladimir Putin’s invasion of Ukraine, and with it, the outbreak of a war on European soil that evokes the (...)
ECSA 26 to 28 April 2024

The CADTM will stand up for a social, ecological, feminist and antiracist Europe in Marseilles

20 April 2024 - by Vincent Noirhomme

During the last weekend of April, activists from all over the continent will meet in Marseilles to reconquer our common spaces and stand up for a social, feminist, antiracist, ecological, pacific and democratic Europe. Let us make sure that this (...)
Global

Bitcoin 24

16 April 2024 - by Michael Roberts

Last week, Sam Bankman-Fried was sentenced to 25 years in prison. He ran the highly successful FTX bitcoin hedge fund that supposedly made millions for his clients. But Friedman was exposed and convicted of stealing $8 billion from his FTX (...)
For a Europe of the peoples against the EU fortress of capitalism

26 March 2024 - by Eric Toussaint

The origin of the European Union is the ECSC – the European Coal and Steel Community or “Common Market.” The European Union was built on the idea of the primacy of the capitalist market and industrial production in the interest of big capital, and (...)
More than 200 civil society organisations demand the suspension of the EU-Israel Association Agreement

19 March 2024 - by CADTM International, Collective

The CADTM and over 200 civil society organisations are calling on European Union (EU) decision-makers to suspend the EU-Israel Association Agreement without delay, in light of the human rights violations committed by the State of Israel. (...)
Peasant mobilisations in Europe

6 February 2024 - by CETIM

PRESS RELEASE Geneva, January 1st, 2024 – Neoliberal elites want rural populations to pay for the crisis and the “energy transition”. CETIM expresses its solidarity with the mobilisations of peasant organisations over the past weeks in several (...)
Bank taxes in the EU: exceptional, temporary and far less than the €6 trillion bank bailout to be paid by the state budget

10 January 2024 - by Fátima Martín

Exceptional, temporary, special are some of the adjectives used by European authorities about bank taxes in the EU, taxes that have already been implemented in some twelve European countries. What is not said is that the collected amount is far (...)
Should we cancel national debt owned by the ECB ?

3 October 2023 - by Matthieu Bordenave

In a time when nations are seeking methods to fund the COP26 objectives and revive the economy that has been impacted by the 2008 financial crisis and the re- cent COVID-19 crisis, the issue of national debt resurfaces. The levels of private and (...)
Frying in France

18 July 2023 - by Michael Roberts

As I fry in record temperatures in the south of France, the concept of a short sunny vacation away from the vagaries of British weather has evaporated. The world endured the hottest week ever recorded between 3-10 July this year. And (...)
European Commission proposal on new GMOs favours biopiracy over rights of farmers and citizens

6 July 2023 - by La Via Campesina

On July 5, the European Commission presented its proposal to create a new regulatory framework for certain GMOs. This proposal gives centre stage to biopiracy and the privatization of all seeds by patent-holding companies, to the detriment of (...)
Real Peace in Ukraine Means Ending Russian Invasion and US-EU Neocolonial Debt

1 July 2023 - by Blanca Missé

CADTM is very happy to republish the article Real Peace in Ukraine Means Ending Russian Invasion and US-EU Neocolonial Debt, organised by Haymarket Books, Yuliya Yurchenko, author of Ukraine and the Empire of Capital (2018), explained the (...)
Shipwreck in Greece: Why were half those onboard Pakistanis?

26 June 2023 - by Farooq Sulehria

At least 298 passengers who drowned in the infamous shipwreck off the Greek coast on June 14 were from Pakistan. Twenty-five came from the same village in Pakistan-administered Jammu and Kashmir. According to some reports, more than 400 people (...)
Disgust and revulsion : double standards for human lives

22 June 2023 - by Eric Toussaint

On 15 June 2023, a ship carrying several hundred migrants sank in the terrible graveyard that the Mediterranean has become. Almost all the passengers died. Although it was possible to save them from drowning, the authorities deliberately allowed (...)
Does the US Federal Deposit Insurance Corporation have enough resources to deal with a major banking crisis? And what about Europe?

14 June 2023 - by Eric Toussaint

Bank deposits in the US have been legally guaranteed up to a limit of USD 250,000 since 2008. The decision to enact a federal law that guarantees savers’ deposits was made in the early years of Franklin Delano Roosevelt’s administration. In 1933, (...)
The Last Winter of Gas in Europe

31 March 2023 - by Collective

We will not sit idle while governments across the political spectrum repeatedly choose the path of collapse and continuous social and economic crises in order to save the fossil fuels industry. While hundreds of activists blockade the European (...)
Europe: caught in a trap

27 July 2022 - by Michael Roberts

The major economies are moving closer to recession, if they are not already there; and yet inflation rates continue to rise (for now). The latest surveys of business activity, called Purchasing Managers Indexes (PMIs), show that both the Euro (...)
Call

Why Eurozone countries’ debt to the ECB must be cancelled

7 December 2021 - by Eric Toussaint, Sonia Mitralias, CADTM Europe, Paul Murphy, Miguel Urbán Crespo, Andrej Hunko, Cristina Quintavalla, Manon Aubry, Leïla Chaibi

Since the beginning of the coronavirus pandemic public debt in the eurozone has increased by an average of 20%. The reason for such an increase is straightforward: instead of finding the necessary new resources by taxing the wealthiest 1% and (...)
Report on Europe for the World Assembly of the CADTM international network Dakar from 13 to 16 November 2021

18 November 2021 - by CADTM Europe

Synthesis of answers received from 10 countries: Italy, Serbia, Bosnia-Herzegovina, Slovenia, Croatia, Montenegro, France, Spain, Belgium, Portugal 1. What is the current social, economic and political situation? On the whole the situation (...)
Moderna’s free ride

29 October 2021 - by Vincent Kiezebrink

A leaked contract between Moderna and the European Commission indicates that the company’s vaccine profits will end up in some of the world’s worst tax havens. The contract signed with Moderna shows that it intends to receive payment for its EU (...)
Moderna’s free ride

7 October 2021 - by Vincent Kiezebrink

A leaked contract between Moderna and the European Commission indicates that the company’s vaccine profits will end up in some of the world’s worst tax havens. The contract signed with Moderna shows that it intends to receive payment for its EU (...)
[Video] Should debts held by the ECB be cancelled?

24 September 2021 - by Eric Toussaint, Renaud Lambert, Aline Fares, Benjamin Lemoine

CADTM Summer University 2021: Global Crisis, Debt Cancellation for Social Justice! Thursday 23 September, 6.30-8.30 p.m. – Should debts held by the ECB be cancelled? With Renaud Lambert (Le Monde Diplomatique), Benjamin Lemoine (researcher (...)