A thoughtful forum today considered the EU crisis, the situation in Greece and the socialist alternative. The ruling families in Greece in shipping, tourism and building with the shipping magnates close to the City of London have decided to turn the country into a tax free processing zone entirely run by the loan sharks. This is the working out of the European Union’s regional policies par excellence. What once was done by tanks is now being done by the banks. The plunder of Greece’s natural resources – a gold mining company bought for £10 million one day and the next week floated for £15 billion, and the enforced misery of the people, is both an example of neo-colonialism in the EU led by Germany and the cutting edge of the kind of future neoliberalism wants everywhere. Workers everywhere should look at the recent history of Greece and the way in which it has been de-industrialised, robbed of its high levels of agricultural self sufficiency and now robbed of its democracy.