Tomorrow's Catalan elections are a referendum on independence

The Catalan independence movement is a perennial factor in Spanish politics, but it's had a new lease on life since the financial crisis and the imposition of brutal austerity by the country's banker-friendly, authoritarian government. Read the rest

Greek finance minister resigns

Yanis Varoufakis, a "libertarian Marxist" who played the heavy in Greece's negotiations with its creditors, has stepped down after helping to secure a historic popular mandate rejecting austerity. Read the rest

Greece says NO

The people of Greece have rejected the debt-finance terms offered by the "troika" (European Central Bank, IMF, European Commission), which would have required the country to slash its social services as a condition of continued loans to support the debt that previous governments amassed in the runup to the 2008 crisis. Read the rest

Anti-austerity parties soar in Spanish elections as Greece threatens default

Two new, anti-establishment parties (including one that grew out of the indignados movement -- a kind of Spanish precedent to Occupy) took key seats in regional and municipal elections in yesterday's Spanish election, which is a kind of dress rehearsal for the upcoming national elections. Read the rest