Greece Debt Crisis
Via Flickr Another year, another round of fraught negotiations between international leaders about Greece, as Chancellor
With the EU referendum now on the horizon, and polling data fluctuating wildly, it is vitally important that as many people
As the UK prepares to enter the later preparation stages of what would arguably be the most important referendum of its modern history, it seems that the EU is doing its best to turn most of the European population against it.
"What needs to be done to reduce record levels of youth unemployment, and how can we ensure that the young are equipped for the world of work?" That was the question we asked ourselves this week, when 15 young people from the North East came to Brussels to hear what the European Parliament and Commission are doing to support their generation.
Without sentimentality, the newfound consecration of the Greek government to enact brutalising austerity measures, so corrosive that even the IMF doubts its promised successes, will now once more test the resolve of the Greek people.
It's only by having a strong Labour voice, as part of the Socialists and Democrats Group in the European Parliament that we can hold the Commission to account effectively on issues like Greece.
I feel a great kinship with the 'hooves of mankind', who have earned a reputation for being sturdy, dependable, with a keen sense of curiosity. AND they have a great sense of judgment; apparently its very difficult to get a donkey to do something they reason isn't safe. Who knew?
With the passage of the first round of reforms by the Greek Parliament, it would appear from the outset that the Eurogroup's proposals for Greece will become a reality in return for the next round of bailouts...
Greece has been adopted as a cause célèbre by Eurosceptics who have portrayed the debt situation as an example of EU and ECB bullying, an assault on democracy and the Greek people... Yet this approach is fraught with danger, especially here in the UK when a referendum is so close.
The sun may be shining now, but unless the roof is fixed, the storm clouds on the horizon remain ominous. This is an opportunity for Britain to lead by example, work with its European partners, and make the case for a more competitive, flexible Europe for all of its citizens. The alternative is continued national, regional, and global stagnation, if not outright decline.