Europe

Desperate times call for desperate measures. And so it is that after a week of frothing at the mouth and spewing forth a torrent of bile and vitriol, the New Labour acolytes have finally called forward their Messiah to try and push back the surging Corbyn tide. Unfortunately for these Tories in disguise, the intervention of their Dear Leader will not have the intended effect. So hated is the war criminal Blair, and so patronising and condescending is his “advice” to Labour members, that his contribution in the debate will only push further layers into supporting Jeremy in his leadership bid.

To the shock and surprise of the Blairites, Jeremy Corbyn has emerged as the frontrunner in the race to become the next leader of the Labour Party. At the time of writing Jeremy has secured the nominations of 70 constituency Labour parties, ahead of the ‘favourite’ Andy Burnham at 67, with Yvette Cooper on 58 and the arch Blairite Liz Kendall trailing at 12. At the same time a leaked private poll of party members has shown Jeremy to have a commanding lead of 15 points over his three right-wing opponents.

The bankers and capitalists of Europe have stamped their iron heel down on the people of Greece. Despite the democratic decision of the Greek people to oppose the nightmare of austerity – overwhelmingly in both the January general election and the recent referendum - the dictatorship of big business has said “No!” The Greek people must endure a new Versailles Treaty, where chunks of the country will be sold off to the highest bidder. Faced with decades of penury, they are being systematically turned into a semi-colony.

It was after midnight on July 15 when the Greek parliament finally approved an omnibus law containing all of the “prior actions” demanded by the institutions. The vote was met with strike action, demonstrations, a rebellion by 38 Syriza MPs and the opposition of the majority of the party’s Central Committee members. Tsipras survived but he had to rely on the votes of those parties which passed the previous two Memoranda which Syriza was elected to oppose.

An extremely successful academic year for the Marxist societies at British Universities was brought to a close with an equally successful weekend of inspiring discussions at REVOLUTION 2015, organised by Socialist Appealand the Marxist Student Federation between 26-28th June. Over 80 students and youth participated over the weekend, contributing enthusiastically in the debates and discussions about the revolutionary ideas of Marxism.

The deal imposed on Greece in the early hours of July 13 after an all-night Euro Summit can only be described as a humiliating capitulation. Greece has basically given up sovereignty to the Troika in exchange for a new strings-attached bailout and some vague promises that debt restructuring (but not debt forgiveness) will be studied, at a later date, perhaps. This deal will not work. It will politically destroy Tsipras and Syriza and economically will plunge Greece even further into recession. It has also exposed deep rifts within the European Union.

The next few hours are, again, crucial in Greece. The victory of the OXI in the referendum is being quickly turned into its opposite. The government has sent a proposal to the Troika which in essence represents accepting what people rejected in the referendum on Sunday. This in exchange for a new, third, bailout it has requested from the European Stability Mechanism, which is thought to be worth 70bn euro. It remains to be seen if this will be enough for the Troika Minotaur. Opposition is also growing in the ranks of Syriza and beyond, among the Greek working masses aroused by their victory in the referendum, but the government has worked to secure the support of bourgeois opposition

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The news that the national executive of Unite, Britain’s largest union, has come out in support of Jeremy Corbyn’s campaign to become Labour leader will be welcomed by both Labour members and trade unionists. Corbyn has also received the backing of ASLEF, RMT, FBU, and BFAWA trade unions, and from the Socialist Education Association. Other unions and organisations - particularly the other big unions of Unison and GMB - must now also act to reflect the will of their members and follow suit.

The Danish general elections on June 18th provided victory to the right wing. Venstre (the Liberal Party) is now forming a minority government which will count on the support of the racist and nationalist Dansk Folkeparti (the Danish People’s Party or DPP).

Greek voters have decisively rejected the terms of an international bailout. Sunday’s referendum was a slap in the face for the bankers and capitalists of the Eurozone. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Most predicted Yes to have a base in the rural areas but in the end that was shown to be false.