Europe

Berlusconi has lost his majority in
the lower house of the Italian parliament. Although he won a vote on the
latest round of austerity measures included in the budget, he did so
with less than half the votes of the MPs in parliament. The result of
the vote was 308 in favour, 1 abstention, but with the majority of MPs
not voting. This means the budget was approved but now Berlusconi stands
naked having lost his parliamentary majority. His days are numbered and
the pressure is mounting for him to go – something we are told he has now promised.

October 28 is a National holiday in Greece marking ΟΧΙ (No) Day – the refusal of Greece
in 1940 to accept the Italian ultimatum advanced by Mussolini, to allow
the Italian fascist troops to enter the country. Not only did Greek
forces stop the Italian invasion, but actually forced Mussolini’s troops
back into Albania. Every year it is celebrated as a day of “national
pride”. Not so this year! The masses took over the celebrations and used
them to express their anger at the Greek ruling class. Here we publish a
report from Athens written on the day of the “celebrations”

On Thursday in Athens during the mass
workers’ protests we saw the state collaborating with hooligans and
provocateurs against the labour movement. What is now required is a
political general strike! Here we publish a statement by the Greek
Marxists of Marxistiki Foni.

Today
(October 19), the first day of the 48-hour general strike in Greece was
sensational. Apart from the government and public utilities workers that
participated in the strike massively, hundreds of thousands of workers
from the private sector came out on strike for the first time, and also
joining the millions of striking workers were tens of thousands of small
businesspeople and shopkeepers who closed the shutters to their shops
in solidarity.

As
Portugal’s right-wing government announced the harshest austerity cuts
in the country’s history, economic forecasts were revised down and the
main trade union confederations CGTP and UGT announced the calling of a
general strike.

The
financial crisis in Greece is constantly in the headlines and focusing
everyone’ attention on what it could lead to. As we have explained
before, the reason for this is not due to the objective economic weight
of the Greek economy within European and world capitalism. In absolute
terms Greece only accounts for 2% of the European Union’s GDP and even
its public debt is only 3% of the total public debt of the Eurozone. The
point is, however, that Greece is the weakest link in European
capitalism which is now at the centre of the global capitalist crisis.