• Diskuse – Má Euro budoucnoust?

  • [Translate to Czech:] The crisis in the European countries of the South has increasingly caused dramatic social consequences. The Euro-Zone as a whole is in recession. Political risks regarding the future of European integration as well as democracy are becoming ever more evident.

    transform! is publishing a selection of controversial contributions dealing with a current debate concerning the future of the Euro. Please find the contributions below.


  • Pamphlet for another European Union
  • A Europe built on solidarity is possible!

  • Klaus Busch, Axel Troost, Gesine Schwan, Frank Bsirske, Mechthild Schrooten, Harald Wolf | 15 Feb 17
  • European Integration is currently undergoing its most difficult phase since the Treaties of Rome entered into force. The European Union (EU) has shown itself incapable of dealing with the structural flaws inherent to the Maastricht Economic and Monetary Union. In the refugee crisis the EU Member States have failed to develop a common policy with a community-wide key for allocating refugees. Trust between individual Member States is eroding. The relationship between the EU and the Member States is strained. In several parts of Europe, re-nationalisation trends have intensified. These re-nationalisation tendencies manifested themselves most fatefully for the EU in the UK, where on 23 June 2016 a majority of citizens voted to leave the EU (the Brexit).


  • Euro-Exit to the Left?

  • Steffen Lehndorff | 06 Dec 13
  • It is a well-known fact that the German right is divided over its attitude to the Euro. In the parliamentary elections of September 2013, a party of so-called ‘Euro-sceptics’ almost reached the 5 % threshold for entering parliament.


  • Sortir de l’euro, mais comment ?

  • Frédéric Lordon | 26 Aug 13
  • Beaucoup, notamment à gauche, continuent de croire qu’on va changer l’euro. Qu’on va passer de l’euro austéritaire présent à un euro enfin rénové, progressiste et social. Cela n’arrivera pas. Il suffirait d’évoquer l’absence de tout levier politique en l’état d’incrustation institutionnelle de l’actuelle union monétaire européenne pour s’en faire une première idée. Mais cette impossibilité tient...

  • Albarracín/ Álvarez/ Medialdea/ Louçã/ Mortagua/ Tombazos/ Galanis/ Onaran/ Husson:
  • What to do about the Debt and the Euro? A Manifesto

  • 20 Aug 13
  • Europe is sinking into crisis and social regression under the pressure of austerity, recession and the strategy of “structural reforms”. This pressure is tightly coordinated at the European level, under the leadership of the German Government, the ECB and the European Commission.

  • The Political Euro. A Common Currency Without a Community has no Future

  • Elmar Altvater | 30 Jun 13
  • The Euro Crisis now marks its fifth anniversary and affects one country after the other. The common currency is (ab)used as a medium of wild speculation by freely operating players on the financial markets; what remains are investment ruins defacing beautiful landscapes and a population pushed into poverty and misery. Not general wealth but social exclusion is the result of the invisible hand of...



  • The Debt Crisis in Europe – Urgency for a Viable European Solution

  • Elena Papadopoulou | 10 Jun 13
  • Since the outbreak of the financial crisis in 2008 and its transmission to the financial systems of the European economies, the Left argued that the global economy was faced with a structural crisis of capitalist reproduction. In this context, it viewed rising indebtedness as a facet of the crisis, expressed in the concrete conditions of the EU architecture. The financial crisis, the origins of...

  • This is About the Europeans Not the Euro

  • Bernd Riexinger | 06 Jun 13
  • During the 1990s left-wing economists highlighted the difficulties of implementing a single currency without ensuring it was first grounded in unified fiscal, economic and social policies. It was clear that bringing in the euro meant strengthening the strong, and weakening the weak. If currency devaluations can no longer be used to balance losses in competitiveness and to (at least temporarily)...

  • No Exit – Wrong Oppositions in the Euro Debate

  • Mario Candeias | 06 Jun 13
  • In response to the on-going euro crisis, the German left is now discussing the option of a “controlled withdrawal” by individual countries, particularly Greece, and the return to national currencies as a possible solution, both for the benefit of the societies most affected by the crisis, but also in order to prevent the uncontrolled collapse of the Eurozone. Representative of this position is...

  • The Power of the Weak

  • Michael Brie | 06 Jun 13
  • In Germany, the Left has finally started an open discussion concerning alternatives to the crisis of European integration. The reason for raising this question is whether the exit of countries from the monetary union is making sense or not. 

  • A Left Government to Conquer the Debt

  • Francisco Louçã | 05 Jun 13
  • 1. The Portuguese problem is democratic. This problem is the democratic answer to the blackmail of debt and the austerity that results from it, with social effects that destroy Portugal. This is the problem of problems. 2. If the debt is not overcome, Portugal will live through a period of social disintegration, impelled by the transfer of financial rents guaranteed on present and future taxes,...

  • A Modest Proposal for Resolving the Eurozone Crisis, Version 3.0

  • Stuart Holland, Yanis Varoufakis | 05 Jun 13
  • 1. Prologue For two years now, caught up in a Crisis of its own making, Europe is fragmenting. A euro in a Greek bank has a lower expected value than a euro in a Spanish bank, which, in turn, trails the value of a euro in a German bank account. There can be no better sign of the common currency’s disintegration than this. And it is not just a matter for the Eurozone. The fallout from a Eurozone...


  • We need to restore the European Monetary System

  • Oskar Lafontaine | 05 Jun 13
  • Chancellor Angela Merkel’s European policy is increasingly under pressure. Not only European Commission President Manuel Barroso, but also Enrico Letta, recently mandated by Italian President Giorgio Napolitano to form the new government, have criticized her austerity policies, which have been dominant in Europe and are leading to disaster. Europe’s leaders have long been at a loss. The economic...

  • Europe Between Disintegration and Revolt

  • Walter Baier | 16 May 13
  • On 7-8 June the Alter Summit of the European Peoples takes place at the Velodrome in Athens. An alliance of more than 150 organisations – including trade unions, social movements, NGOs and political actors from all parts of Europe will publicly present a manifesto for the struggle for a democratic and social Europe. This new kind of alliance is the expression of a political ‘self-defence...