Sunday, May 28, 2017

Brussels

By  398 Views
The only solution to fix the Europe migrant crisis is to rebuild Syria and Libya, where most of the refugees come from, and allow them to live decent lives in their homelands. If Brussels fails to realize this, things will ...

By  525 Views
The Greek government is fast tracking major privatization projects with a goal to raise 50 billion euros as part of the new memorandum signed with EU creditors.

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Is it as simple as Brussels elite 1% punishing all of Greece for going ahead with a referendum and daring to disobey the rulers of Europe? This tweet suggests that was the case. You decide.

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Greece’s Prime Minister Alexis Tsipras clinched the backing of Greek lawmakers for his bailout proposal, a prelude to a weekend of political wrangling in Brussels that may determine his nation’s place in the euro.

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New Democracy leader Antonis Samaras suggested on Thursday that his party could play a part in the creation of a new coalition government if not enough SYRIZA and Independent Greeks MPs vote for an agreement with creditors.

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With no deal in sight, and Greece checking out of another Eurogroup meeting in disgust, Alexis Tsipras may have another problem to worry about...losing power amidst the EU's financial blackmail.

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Of the 7.9 billion euros of measures submitted by Athens, 7.3 billion concern taxation and social security contributions. The deal proposed by Athens to unlock EU funds was so bad it has left everyone asking why Greece went through so ...

By  461 Views
Monday will be one of the most critical Euro get togethers for both Greece and the EU member states.

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Greece faces a week of urgent diplomacy to free up bailout aid and avert a potential default as world leaders press for a final resolution to the standoff.

By  412 Views
Late night meeting in Brussels results in another "No Deal" announcement between Greece and the EU.

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This infographic explains what happens is if Greece defaults? Bottom line, its complicated, messy and will result in another, global, financial crisis.

By  557 Views
April is shaping up to be a huge month for the future of the Hellenic Republic. Aside from the ongoing EU/Brussels meetings and never ending debt payments to the Troika, the May 1 bank holiday is an ominous sign of ...

By  686 Views
Cyrus President Nicos Anastasiades has announced that all capital controls imposed on the island in the 2013 depositor haircut will finally be lifted on Monday. Cyprus can now live under EU misery without banking restrictions.

By  620 Views
Prime Minister Alexis Tsipras addressed the Greek Parliament on Monday to brief opposition parties on the government’s negotiations with creditors. The PM was defiant, accusing previous governments of leaving coffers empty and looting wage-earners and pensioners. ND and PASOK hit ...

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Greek Finance Minister Yanis Varoufakis has admitted his country’s relations with Germany over its latest bailout have declined into a state of "open hostility."

By  532 Views
Alternate Minister for International Economic Relations Euclid Tsakalotos said that if negotiations don't go well, the government is prepared for a "rupture" with its partners.

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196 years after winning their sovereignty from The Ottoman Empire, one wonders if The Greeks have the ability to fight their sovereignty back from "The Institutions" better known as the Troika of lenders.

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Running out time and cash, the European Commission has decided to make $2 billion of unused funds available to Greece to help the country avert a financial meltdown, EC head Jean-Claude Juncker says.

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Greek Prime Minister Alexis Tsipras assured European Union creditors at late-night crisis talks in Brussels that his leftist-led coalition would present soon a full set of economic reforms in order to unlock cash to stave off bankruptcy.

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The US State Department announced that Victoria Nuland would visit Europe this week for discussions with senior government officials of Greece. Nuland will then head to Brussels. Expect more tension with Russia as a result of Nulands' travels.

By  641 Views
In a just released Op-Ed in the NYT Greek finance minister, Yanis Varoufakis, says that not only is he not bluffing writing..."that I have no right to bluff", but using recent military jargon says that "the lines that we have ...

By  510 Views
There were hopes on Thursday that Greece and the Eurozone members might be moving toward a deal after Greek Prime Minister, Alexis Tsipras, agreed for government officials and representatives of the country’s lenders to find common ground ahead of Monday’s ...

By  502 Views
Wednesday's Eurogroup ended without agreement between Greece and its eurozone partners but also without a joint statement on how to move forward. The game of chicken continues.

By  819 Views
Russia has axed the South Stream gas pipeline meant to bring gas straight into Southern Europe and avoid any “middleman” countries which might hinder deliveries. The route was supposed to go from Russia through the black sea to Bulgaria, Serbia, ...

By  747 Views
Cyprus banking is back on the radar as the Cypriot Central bank revealed that one out of every two loans is in default. Expect another EU money heist to come.

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