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What Was Good for Germany in 1953 is Good for Greece in 2015

Larry Elliott Economic editor The Guardian
Economic assistance under the Marshall plan was important to both countries, but it was the granting of debt relief that made a difference to the Germans. After World War II, Germany not only received direct transfers of money - aid through the Marshall plan. Far more important than the $1.4bn was the granting of debt relief at the London conference of 1953.

Why We Recommend a NO in the Referendum - In 6 Short Bullet Points

Yanis Varoufakis; Joseph Stiglitz Yanis Varoufakis
The future demands a proud Greece within the Eurozone and at the heart of Europe. This future demands that Greeks say a big NO on Sunday, that we stay in the Euro Area, and that, with the power vested upon us by that NO, we renegotiate Greece's public debt as well as the distribution of burdens between the haves and the have nots.

A Greek Tragedy: Act III; Eurozone Talks Break Down

Duane Campbell; AP; Theo Ioannou, Reuters Portside
An austerity crisis continues to be imposed by European bankers on Greece, Spain, Italy and Portugal, among others. A catastrophe on the scale of the Great Depression has been forced upon Greece for over five years under the deceptive description of a bailout. Now the banks are demanding even more, with German Chancellor Angela Merkel saying that Germany will not be blackmailed by Greece, demanding a deal before financial markets reopen next Monday.

Tidbits - June 25, 2015 - The Racial Divide; Take Down the Flag; Charleston Massacre; Greek Debt; Israeli Nukes; BDS; and more...

Portside
Reader Comments: The Racial Divide; Take Down the Flag; Call It What It Is, Or Be Complicit; The Charleston Massacre - A Hate Crime; Racial Violence in America; Greek Debt Truth Committee - Debt Cannot and Should Not Be Paid; American Century has Plunged the World into Crisis; Rachel Dolezal; Israeli Nukes; BDS is costing Israel big money; Alexander Hamilton and Andrew Jackson; Announcement - Celebration of Danny Schechter's Life

Europe at a Crossroads; Greece Puts Off IMF Payment; Call for Solidarity by European Left

Alex Tsipras Le Monde Diplomatique
Europe is at a crossroads..the decision is now not in the hands of the institutions...but rather in the hands of Europe's leaders. Which strategy will prevail? The one that calls for a Europe of solidarity, equality and democracy, or the one that calls for rupture and division? If some think or want to believe that this decision concerns only Greece, they are making a grave mistake. I would suggest that they re-read Hemingway's masterpiece, For Whom the Bell Tolls.

labor

German Train Drivers Start Strike Seen Costing $100 Million a Day

Reuters
The GDL union, which represents about one in 10 of railway operator Deutsche Bahn's nearly 200,000 workers, wants a 5-percent pay rise and a reduction in the working week to 37 hours from 39. It is also fighting for the right to negotiate on behalf of other employees including train stewards.

The Real Thing: An Anti-austerity European Government

James K. Galbraith Social Europe
What is at stake in Greece goes very far beyond merely financial questions. It goes beyond the question of the fate of a small and historically very badly governed country with weak institutions that has suffered abominably in the wake of the crisis over the last five years...It goes even beyond that very grave situation...It goes beyond that to the future of Europe and beyond that, to the meaning of the word democracy in our time.

A Better Europe is Possible

Oskar Lafontaine & Leandros Fischer Jacobin
Die Linke's Oskar Lafontaine on "anti-systemic" parties and how to forge a democratic Europe. His views on solidarity with Greece and Syriza, as well as developments in Spain, Italy, France, and Germany. His insight on a future socialism - recognizing that past socialist endeavors have failed because they were undemocratic and centralized. In this sense, another path has to be chosen. In my opinion, it is the path of employee-managed enterprises in which democracy flows

labor

Exploitation of Migrant Workers: The Hidden Face of Germany's Construction Sites

Rachel Knaebel Equal Times
A growing number of German construction and public works companies are using labor subcontractors. They are not genuine construction firms. They look like it on paper, but their only activity is to supply labour at a low cost. They often only pay wages for the first few months. They then stop paying and expect the workers to keep going until the job is finished, in the hopes that they will be paid at the end of the contract.
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