The European Left on the EU Summit meeting
The plan of the dominant European political forces for dealing with the debt crisis is focused on safeguarding the profits of the banks and the dominance of the financial markets. At the same time, these forces aim at overcoming the existing crisis on the expense of the working people. The EU leadership plans to put all European people under a permanent state of austerity, based on successive memorandums and constitutionalized neoliberalism.
Against this policy, which leads to a deepening of the crisis, the European Left counter-proposes a set of measures, which lead to a new European policy, aiming at the refoundation of Europe on radically different values. A policy which will protect and improve employment and boost solidarity, social justice and social development. A decisive step towards this direction is the confrontation with speculative markets, and more generally with the domination of financial markets, a radical change of the architecture of the Euro and the whole financial system.
Europe must change course now. In order to do this, there is a historical need to build up a wide front of political and social forces, which will fight for the rupture of our countries and our continent from the perspective of permanent austerity, speculation and social bankruptcy. A front which will fight for the abolishment of the Growth and Stability pact, the renegotiation of public debts (including the annulation of their speculative and/or illegal parts), the purchase of public stocks by the BCE, the redistribution of wealth and the reinforcement of social security systems, of public services and employment.
Brussels, 05.02.2011