published by Tom Sullivan on Wed, 2012-11-14 00:51
..or at least that's the word from the belly of the foul cesspit known as Goldman Sachs, whose manipulation of exchange rates and cooking of the books gave Greece an entry into the Euro currency and set the country on the road to the disaster in which it now finds itself.
published by Tom Sullivan on Wed, 2012-11-14 00:24
Debt-laden Greece has been forced to tap the financial markets further to avoid bankruptcy after Eurozone finance ministers delayed a crucial aid payment.
published by Tom Sullivan on Tue, 2012-11-13 09:36
The deadline international lenders have set for Greece to meet its debt-cutting targets has reportedly been extended by two years.
published by Tom Sullivan on Mon, 2012-10-29 11:15
Berlin has ruled out allowing public creditors to write off Greek debt as a way of helping the country overcome its financial woes. However, Germany’s finance minister said he is open to other ways of helping Athens.
published by Tom Sullivan on Mon, 2012-10-15 19:56
With its economy still reeling from the housing crash, Ireland is making a bold move to help tens of thousands of struggling homeowners.
published by Tom Sullivan on Tue, 2012-10-09 08:03
About 6,000 policemen will be deployed in the capital for her 6-hour visit, turning the city centre into a no-go zone for protest marches planned by labour unions and opposition parties
published by Tom Sullivan on Sat, 2012-09-29 14:29
Germany and France are heading for a clash over Ireland’s bank debts as divisions deepen over the scope of a plan to use the European Stability Mechanism bailout fund to rescue stricken banks.
published by Tom Sullivan on Sat, 2012-09-15 09:23
A financial analyst says "it is urgent to dissolve the eurozone, since the crisis has reached a critical point".
published by Tom Sullivan on Fri, 2012-09-14 08:25
Today the Western peoples are experiencing the destruction of their well being that is comparable to what the one percent in Rome imposed on Roman citizens and conquered peoples.
published by Tom Sullivan on Tue, 2012-09-11 07:44
Hundreds of teachers and university professors in Egypt have staged a demonstration to call on President Mohamed Morsi to fulfill his election promises.
published by Tom Sullivan on Tue, 2012-09-11 07:40
Hungary’s prime minister has long had a testy relationship with the International Monetary Fund — and on Thursday he used Facebook to unfriend the agency and reject its allegedly tough loan conditions.
published by Tom Sullivan on Sat, 2012-08-18 06:26
Greece's debt has soared by nearly £20billion in three months, as European leaders were given fresh warnings to brace themselves for the break-up of the Eurozone.
published by Heydrich on Sun, 2012-08-12 18:46
Long ago when you first heard that the Jewish holo-hoax is a lie, you were briefly skeptical. Likewise, you will be initially skeptical about what I’m about to explain to you.
published by Tom Sullivan on Sun, 2012-08-05 09:37
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.
published by Heydrich on Fri, 2012-08-03 00:17
The world becomes more Orwellian every day.
published by Tom Sullivan on Sun, 2012-07-22 13:03
Italian premier Mario Monti is mulling emergency action to take direct control of Sicily’s regional government before the island spirals into a full-blown financial crisis, fearing contagion to the rest of Italy.
published by Tom Sullivan on Sun, 2012-07-22 12:57
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.
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