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EUROPEAN CENTRAL BANK

European Central Bank Goes Sub Zero

On Thursday, European Central Bank chief Mario Draghi dropped rates on overnight deposits to minus 0.1% thereby charging commercial banks to keep their money at the ECB.

ECB will have power to withdraw bank licences from November

The European Central Bank will attain significant powers over the euro zone’s commercial banks once it becomes their supervisor later this year, including withdrawing bank licences and assessing acquisitions.

German judges refer ECB's bond-buying to European Court

Germany's Constitutional Court said on Friday it had decided to refer a complaint against the European Central Bank's (ECB) "unlimited" bond-buying programme to the European Court.

Greeks 40% poorer in 5 years, incomes down 30%

Greeks are nearly 40 percent poorer than 5 years ago, with disposable incomes down by a third since the country entered into recession. Financial struggles linger after the 2008 crisis,and the government austerity measures haven't yielded promised growth.

How the Troika got €220m in fees from the Irish taxpayer

The Irish taxpayer has paid more than €220m in fees to the EU and IMF – on top of massive interest payments for our multibillion-euro bailout.

Ireland seeks ongoing financial support after end of bailout

Dublin is preparing to establish terms for ongoing aid to avert a potential financial collapse as the end of Ireland’s three-year bailout programme from the troika of the European Union (EU), European Central Bank (ECB) and International Monetary Fund (IMF) approaches. This will be a second bailout in all but name.

Starvation & poverty result from Greek bailout

After having forced through further austerity measures Greece is set to receive its next bailout instalment. The bailout comes at the expense of thousands of public sector jobs. A rescue loan of 4 billion euros will come from the eurozone and European central banks. The IMF is also expected stump up a further 1.8 billion. To get the loans, Athens will have to fire 4000 civil servants by the end of the year. Greece has been relying on rescue funds for over three years now, but as financial expert Patrick Young explains, it's done little to cure the country's financial woes.

'Starvation & poverty result from Greek bailouts'

Greece given more time to meet targets

The deadline international lenders have set for Greece to meet its debt-cutting targets has reportedly been extended by two years.

Nigel Farage destroys Barroso's State of the Union Address

"I have totally underestimated the complete fanaticism, Mr Barroso of you, your college of commissioners and the European Central Bank"

Nigel Farage destroys Barroso's State of the Union

Troika officials praise Greece for progress with cuts

Greece has made progress in finding budget cuts needed to continue its bailout programme but not all work is done and inspectors will return in September for a final verdict, troika officials said yesterday.

ECB 'willing to buy bonds of weaker EU nations' says Draghi

Mario Draghi pledged that the European Central Bank would buy up the bonds of the weaker members of the 17-nation single currency, as he sought to make good on his pledge to do "whatever it takes" to safeguard the future of monetary union.

IMF wants to block aid to Greece saying that "Athens will be in default as early as September"

The IMF wants to block economic aid to Greece. Der Spiegel writes that senior IMF officials have already communicated this intention to Brussels authorities, with the consequence of a likely default of Athens in September.

Catastroika

The creators of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, analyze the shifting of state assets to private hands.

Catastroika (English Subtitles)

EU, IMF vow support to new Greek govt

The International Monetary Fund and the European Union have pledged support to the next Greek government after parties that supported an IMF and EU-led bailout won a pivotal election.

European Union leaders urged the conservative New Democracy party and its likely coalition partner, the socialist Pasok party, to urgently form a new administration that can lead Greece out of its debt crisis.

Can euro rescue absolve Holocaust guilt?

Former Bundesbank board member Thilo Sarrazin has provoked outrage by arguing that Germany's euro policy is driven by a Holocaust guilt trip. He also said the single currency was always a bad idea. Does he have a point? Have your say.

How the Euro debt collectors are killing Greeks by taking away their medicines

Greek pharmacists staged a one-day strike protesting the fact that the government owes them EU1 billion, which has created major shortages of medicines, which are killing Greeks. They say that this has caused an “emergency situation” in which cancer and cardiac patients are in a panic because they cannot get the medications, either because they can no longer afford them or because they simply are not available.

Europe-wide effects of Fiscal Treaty policies - International Impoverishment, Made in Germany

The German austerity dictat is leading to new economic and social turbulence in the indebted counties of the southern Euro-zone.

Selective Amnesia for Brokers & Murderers

Max Keiser and co-host, Stacy Herbert, discuss Irish stoicism and social ostracism, boycotts and ponzis and the banking practices of Chuckie. In the second half of the show Max talks to independent journalist, Lars Schall, about his recently published investigation into insider trading around the 9-11 terrorist attack as well as his pursuit of Germany's elusive gold reserves.

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Money-printing, central banking scammers should be locked in prison, says UKIP's Bloom

Godfrey Bloom, the UK Independence Party's Member of the European Parliament for Yorkshire & Lincolnshire spells out the evils of private central banking and suggests a remedy.

Money-printing, central banking scammers should be locked in prison, says Bloom

UKIP's Nigel Farage: Globalist Troika Driving Greece Towards Violent Revolution

"These policies are driving Greece towards a revolution. They need to be set free. If they don't get the Drachma back you will be responsible for something truly, truly horrible."

Farage: Globalist Troika Driving Greece Towards Violent Revolution

Irish MEP Paul Murphy challenges ECB's Mario Draghi on the banker's coup d'etat

Paul Murphy challenges ECB President Mario Graghi on his and the ECB's attempts to hold the working class of Europe hostage to austerity. In the case of Italy a detailed list of measures, all of which aiming at making working people pay for the crisis, was force-fed trough threats of not buying Italian bonds on the markets

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D-Day for the euro as Germany reels over debt snub

World leaders and top investors are warning that the future of the entire euro currency is now at risk after Germany found that it could not borrow enough on the money markets yesterday.

The 'disastrous' attempt by Germany to raise money sparked fears that Europe's debt crisis was starting to threaten even Berlin after lenders were willing to put forward only two- thirds of the €6bn sought by Angela Merkel's government.

European Stability Mechanism - The new European dictator!

This is not possible. An organization that can empty the state’s coffers, just like that? We live in a democratic country, don’t we? To be sure, I searched for the official texts...

Ground Zero of Financial Terrorism

Max Keiser and co-host, Stacy Herbert, talk about Marie Antoinette's last words on a banner at the Chicago Board of Trade, Herman Cain's views on the 'unAmerican' protesters and a proposal for a Seal Team 6 to protect us from terrorist bankers.

Keiser Report: Ground Zero of Financial Terrorism (E195)

The Black Swan is on the Wing

In the bad old days of the Soviet Union the police took surveys of the population to determine their limits. Today’s bankers are the equivalent of Joe Stalin

Debtocracy

This Greek-produced documentary addresses the causes of the Greek debt crisis and offers potential solutions to this crisis that are not currently being considered by the Greek government.  

DEBTOCRACY (FULL - ENG Subs)

€444bn exposure to weak eurozone economies risks bankrupting the European Central Bank

With Greece forced to seek a second bail-out to avoid bankruptcy, Open Europe has today published a briefing cataloguing how the eurozone crisis could drive the European Central Bank itself into insolvency, with taxpayers likely to pick up a big chunk of the bill.

The role of the ECB in the ongoing eurozone and banking crisis has been significantly understated. By propping up struggling eurozone governments and providing cheap credit to ailing banks, the ECB has put billions worth of risky assets on its books.

Eurozone Straitjacket: 'Govt plans pillage of Greece!'

Thousands have been out on the streets of Athens in protest against the second round of austerity measures debated in the Greek Parliament. People don't want new taxes or wage cuts - but without them the country will not recieve international bailout money.

Eurozone Straitjacket: 'Govt plans pillage of Greece!'

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