This is not only a European crisis but a global one, and it should be approached as such, involving nations throughout the world in its solution. As it did in the past, Latin America can give a hand. Português. Español.
Esta crisis no es sólo europea, sino global. Debemos tratarla como tal, involucrando a naciones de todo el mundo en su solución. Como hiciera en el pasado, América Latina puede ayudar. English. Português.
Esta não é apenas uma crise Europeia, mas global, e que deve ser abordada como tal, envolvendo as nações de todo o mundo na sua solução. À semelhança do que fez no passado, a América Latina pode contribuir.English, Español.
Quizás los ciudadanos reaccionen antes que el Estado: People’s Armada (Flota Popular) ha lanzado una operación de crowdfunding para costear una nueva embarcación para operaciones de búsqueda y rescate en el Mediterráneo. Por favor, aportad generosamente. English. Português.
Provavelmente as pessoas reagirão de forma mais rápida que o estado: a Frota Popular está a financiar coletivamente uma embarcação para levar a cabo missões de busca e salvamento no Mediterrâneo. Por favor contribua generosamente. English. Español.
A couple of years back few would expect that a retired politician associated with a small leftist party would make a resounding comeback to politics. But the Cypriot public has questioned partition again and again by electing prominent pro-unification figures.
It is 5:30am on 20 July 2014 and war sirens have gone off in southern Nicosia - a shrill piercing sound on a frequency reminiscent of human screams - announcing, as it has for the last 40 years, the re-enactment of the invasion by Turkish warships, full of disembarking soldiers, five miles from Kyrenia.
Though I was born two years after the ominous summer of '74, my life has been defined by Turkey’s
military operation, division and the agony of that long summer. A country so traumatized and marked with heart-wrenching memories, could not but produce children as
scarred as itself.
Every July I cannot stop thinking of that morning of July 20, 1974. A boy, born and raised on the Greek island of Lesbos, in very close proximity to Turkey, listening as his mother tells him that Turkish planes are flying over the village, and that we may be invaded.
With energy supply in Europe a renewed concern, will the large reserves of natural gas in Cyprus become a peacemaker in the long-standing conflict, or become part of a larger game for regional stability?
Cyprus cannot be a nation-state under
Greek Cypriot majority rule, or two nation-states in a loose co-federation
under the surveillance of NATO forces. But could Cyprus be a new united
Republic founded on the ideas of labour and a common Mediterranean
civilization? If the EU said yes.
A solution to
the Cyprus conflict remains
elusive, particularly since national
elites use it to maintain their positions of
power. Only moving the
peace-related segment of Cyprus’s
civil society away from the periphery will make a locally-accepted peace process
This second of two essays on military spending and the
EU crisis, explores
the role of the European arms trade, corruption and the role of arms exporting
countries in fuelling a debt crisis, and why these 'odious' debts need to be
written off. See Part One here.
The extraordinary bounce-back of the banks
reveals the most disturbing, but least obvious, largely invisible, feature of
the unfinished European crisis: the transformation of democratic taxation
states into post-democratic banking states.
simple truth unpalatable to Eurozone authorities is that small peripheral EU economies
and even big economies like Spain and Italy, are victims, not designers of the
liberalised financial architecture that was built way back in 1992, repeating earlier
twentieth century failed experiments that led to financial
crisis, immiseration and war.
The justification for the
‘rescue’ plan for Cyprus appears reasonable: taxpayers should not have to pay
for the costly mistakes of bankers and ‘tax havens’ should be eliminated. But the
‘bail-in’ plan does not achieve these objectives.
and German overriding of the European Commission over the Stability Pact can be
seen, ten years later, to have been disastrous. A vision more powerful,
more engaging, more profound than “common interest” is now required if Europe is to survive, and divided Cyprus is a test case.
Harsh measures imposed
on Cypriot political and financial authorities to address bank failures reveal,
once again, that the entire architecture of the EU is in tatters. The
geopolitics surrounding the Greek Cypriot crisis is pulling the EU further
apart and into the unknown.
EU accession in 2004 did little
if anything to make runaway bankers accountable; on the contrary, the so-called
institutional ‘independence’ of the Central Bank making the Governor
accountable to the ECB rather than having any democratic accountability to the
people who would be immediately affected, made the bankers more unaccountable.