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In the past year two referenda shook up both the European Union and Europe's Left: the Greek OXI in July 2015 and Brexit in June 2016. Exasperated by the EU's mixture of authoritarianism and economic failure, a segment of Europe's Left is calling for a 'break with the EU',[2] a stance that has come to be associated with the term Lexit.[3] DiEM25, the transnational Democracy in Europe Movement, rejects that logic and offers an alternative Progressive Agenda for Europe.

The worst-performing eurozone countries are mired in depression or deep recession; their condition is worse in many ways than what economies suffered during the Great Depression of the 1930s. The best-performing eurozone members look good, but only in comparison.This system cannot and will not work in the long run: democratic politics ensures its failure. Only by changing the eurozone’s rules and institutions can the euro be made to work.

On both sides of the Atlantic, citizens are seizing upon trade agreements as a source of their woes. While this is an over-simplification, it is understandable. Today's trade agreements are negotiated in secret, with corporate interests well represented, but ordinary citizens or workers completely shut out. Not surprisingly, the results have been one-sided: workers' bargaining position has been weakened further, compounding the effects of legislation undermining unions.

A new progressive coalition seeks to end Spain's punishing austerity regime and confront the country's staggering unemployment. The new kid on the block has raised the pressure on the center-left Socialists to make a choice: follow the lead of Portugal, where the Socialist Party formed a united front with the Left Bloc and the Communist/Green alliance, or imitate the Social Democrats in Germany and join a "grand coalition" and make common cause with the right?

Can the EU still unite a continent shattered by world wars, or is it little more than a vehicle for austerity capitalism? Soon British voters will vote on Brexit - leaving the EU. Given the absence of a strong, continent-wide left, however, reversing the current economic rules of the EU may be a country-by-country battle. It's already underway - and for all of the economic power of the EU, the organization is vulnerable to charges that Brussels has sidelined democracy.

Former Greek Finance Minister Yanis Varoufakis revealed for the first time how days after he resigned, the Troika effectively abolished a unit he had set up to combat tax evasion. European Commission (EC) President Jean-Claude Junker led the efforts to prevent Greece from collecting taxes. Junker was Minister of Finance and later Prime Minister of Luxembourg from 1989 to 2013. Varoufakis called Luxembourg the largest tax haven in the world.

Only a genuine social and democratic refounding of the eurozone, designed to encourage growth and employment, will be sufficient to counter the hateful nationalistic impulses that now threaten all Europe. We should put together a conference of eurozone nations on debt-just like those that were held in the postwar years, to the notable benefit of Germany. The objective would be to reduce public debt as a whole.

Whatever party ends on top in the Spanish election, it will have to form a coalition, thus ending the reign of the two-party system that has dominated the country since Franco. Late polls show the right-wing PP taking a beating, dropping from 44 percent that it won four years ago to 28%, but it will still win the largest number of votes of any one party. Followed by the Socialists, at 21%, the center-right Ciudadanos Party at 19%, and the left-wing Podemos Party at 15.7%

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Despite being forced to accept under duress the Troika's demands to agree to a punitive memorandum, Syriza was able to maintain the trust and respect of a vast electorate, especially working class and young voters. With that, the original vision of Syriza not only did not die, but the struggle for a just, democratic society goes on under the party's banner.