The Party of the European Left (ELP) supports and will participate in the demonstration in Bilbao, this Sunday 2nd of March against the Economic Summit that will be held in this city on Monday.

The demonstration has been called by the unions through the European Trade Union Confederation (ETUC) and the trade union confederations UGT, CCOO, CGIL Toscana, the French CGTF, UNSA and FSU, and the Belgian FGTB-ABVV, among others.

The Party of the European Left (ELP) denounces that a group of people that nobody elected are those who decide the economic and social policy for the peoples of Europe. ELP also denounces that the imposition of the illegitimate debt payment is putted before the real need of public expenditure that people need.

So that, the ELP, will participate together with Ezker Anitza-IU and PCE-EPK, Basque federations of United Left (IU) and the Communist Party of Spain (PCE) - member parties of the ELP- who have made a call to social rebellion and mobilization against this meeting that gathers the responsible heads of the wage reductions, cuts in public expenditures and the conversion of the whole countries of southern Europe in factories of cheap labour at the service of transnational capital. The above mentioned organizations will take part with their own courtship and with a banner showing that “the Capitalism ruins us”

The meeting in the Basque city, aims to advertise a national and international image of normalcy and exit of the crisis, -absolutely unreal-, that the Government of Mariano Rajoy tries to show. Rajoy was in charge of implementing the policy imposed by the European Troika, a policy which fits perfectly with the ultraneoliberal model defended by its party.

The economic summit to be held next Monday will be inaugurated by the managing director of the IMF, Christine Lagarde maximum responsible for one of the three organizations that compose the Troika. And in the meeting will take part the president of the Eurogroup, Jeroen Dijsselbloem, the -General Secretary of the Organization for European Economic Co-operation (OEEC), Ángel Gurría, along with the prime minister Mariano Rajoy, the Lehendakari Urkullu and the presidents of the main multinationals of the Spanish such as Telefónica, BBVA, Inditex or Iberdrola, among others ones.