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After 10 years of economic crisis and austerity, the first signs of a European spring?

It is ten years since the financial crisis of 2007-8. Ten years lost and wasted. Ten dark years that have been like an ice age in which the hopes and aspirations of working people were frozen. A banking crisis led to government debt crisis. Economic crisis led to political crisis. The austerity medicine mistakenly chosen […]

How the financial industry mobilised against the European Financial Transaction Tax

Despite broad post-crisis support in Europe for a financial transaction tax, the financial industry successfully lobbied to water down proposals and delay its implementation. 2017 should be the year when the much-delayed and watered down European Financial Transaction Tax (FTT) is finally implemented – but this is looking increasingly unlikely. After the 2008 financial crisis […]