France and Germany are proposing a joint economic reform plan with deep social cuts and flexible labour rules in favour of big business.

More... (http://www.wsws.org/en/articles/2014/11/26/frde-n26.html)

According to Der Spiegel, France would make more flexible labour market reforms in many sectors, including a further overhaul of the 35-hour work week law, and freeze wages for three years to make business more competitive. For its part, Germany would increase its infrastructure spending to €20 billion by 2018, change its immigration laws, and encourage women to join the work force.
While the plan is presented as a way to stimulate Europe’s moribund economy, Paris and Berlin are preparing deep attacks on workers’ social rights that will intensify the recession and rising unemployment in the euro zone

This austerity crap is never going to stop - at least on its own. Will this reinvigorate the European working class? The "northern tier" workers had to know that this shit was headed their way. Now, the workers from PIIGS don't seem so "out there", do they? Now, having a real Communist Party doesn't seem so passe, does it?