‘Which explains why as we reported yesterday, Greece passed a law to plunder pension funds, one which would allow the government to fully invest reserves of pension funds and other public entities kept in Bank […]

‘The Ukraine Nazi regime was installed by Obama and his NATO bitches. The various international fronts for the American Empire have poured billions into this black hole of corruption and ineptitude. You can be sure […]

‘Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? […]

‘Euro zone finance ministers met Monday to discuss a set of proposals from the Syriza-led Greek government based on the austerity programme both sides signed on February 20. Greece was required to submit a list […]

‘Relations between Greece and Europe’s creditor powers are dangerously close to breaking point. Both sides have issued ultimatums, each insisting angrily on fixed positions and lashing out at each other with barely concealed animosity. “If […]

‘After the Syriza-led government’s decision to sign the February 20 Eurogroup statement and capitulate to European Union (EU) demands for more austerity in Greece, EU officials are stepping up their threats against the country. Since […]

‘Several thousand Cypriots have staged a protest rally in the capital, calling on the government to end austerity policies they say have driven many in the bailed-out country to poverty. The Wednesday protest, organized by […]

‘”A year or so on from the last coup in Ukraine, Ukraine’s former Prime Minister Sergey Arbuzov told TASS, with growing popular discontent, “another state coup can’t be ruled out in Ukraine.” As the cease-fire […]

‘Since 2010 the troika, consisting of the International Monetary Fund, the European Central Bank and the European Union’s commission, has forced different governments in Athens to implement six consecutive austerity programs which have severely lowered […]

‘Fractures began to appear in the Greek government today as Athens prepared to hand over a key proposed list of structural economic reforms to the country’s European creditors. The proposals – which include cracking down […]

‘Greek Prime Minister Alexis Tsipras has warned of “real difficulties” ahead, as his government faces a Monday deadline to submit a list of reforms to lenders. Under a deal agreed on Friday, the list must […]

‘Greek Prime Minister Alexis Tsipras has warned of “real difficulties” ahead, as his government faces a Monday deadline to submit a list of reforms to lenders. Under a deal agreed on Friday, the list must […]

‘Within the space of a few hours, German Finance Minister Wolfgang Schäuble (CDU) rejected outright written requests by the Greek government on Thursday for an extension of its previous credit agreement with the EU. Schäuble […]

Like a star which has expanded and now cannot maintain its grand state, Europe’s extend-and-pretend economy is now poised to experience a supernova implosion. The costs of ill-conceived policies are always paid by someone–usually those with the least political power.

Like a star which has expanded and now cannot maintain its grand state, Europe’s extend-and-pretend economy is now poised to experience a supernova implosion. The costs of ill-conceived policies are always paid by someone–usually those with the least political power.