Christine Lagarde

How to boost European disintegration: admit that you saved the banks

Christine Lagarde, the director of the International Monetary Fund, makes some interesting headlines. In a recent interview, she talked about the consequences arising from the high surpluses in Germany. To put it mildly, this sounded not quite right to some people and they responded. Journalists like fancy big titles and Lagarde criticizing Germany is a hot topic. However, Lagarde also talked about other things and the Greek media spotted something rather interesting: Lagarde admitted that some countries were ‘saved’ in order to save the banks. Even Jeroen Dijsselbloem has recently confirmed this.
The question this poses is what leverage do we have if officials now admit to making the banks a much higher priority than the people of Europe? How do Greeks, Spanish or Portuguese feel when they hear that they were not only misled but also had their wages and pensions severely cut, for the sake of the banks? Obviously, Euroscepticism and anger rise, alongside the levels of mistrust towards EU institutions. In short: thoughts turn to X-exits (X=Gr, Br, It etc.).
At DiEM25, we hope that people will respond in ways that are progressive. We will fight for an EU that makes human values, not banks, its priority. We need your help and ideas collectively  to steer Europe away from its catastrophe. Join us here.
 
Aris is a member and volunteer of the DiEM25 movement.
 
 
Photo: Zbigniew Bzdak/Chicago Tribune.
 

Do you want to be informed of DiEM25's actions? Sign up here

“Anything to Say” art exhibition inaugurated in Geneva in support of Julian Assange

Art project ‘Anything to Say?’’ by sculptor and DiEM25 member Davide Dormino, was officially inaugurated on Saturday, June 5, in Geneva.

Read more
Being on the autistic spectrum in Europe, care challenges, employment and solutions

World Autistic Pride Day - June 18, an international celebration, promoting understanding and acceptance of autism, established in 2005.

Read more
Spanish Citizen’s Climate Assembly could still deliver — if the government allow it

Despite the fact that the Spanish Government itself has declared a climate emergency, it refuses to take concrete measures.

Read more
The results are in! DiEM25 members decide movement’s official stance on Israel-Palestine

After weeks of debate within DiEM25, the All-Member Vote on Israel-Palestine culminated in a close yet clear outcome.

Read more