eu Archives - Page 26 of 40 - theDrahos

Greece debt crisis: Athens accepts harsh austerity as bailout deal nears

By ickonic Posted on July 10, 2015 Posted in Aggregated No Comments Tagged with austerity, bailouts, ecb, eu, greece, imf, troika

‘The Greek government capitulated on Thursday to demands from its creditors for severe austerity measures in return for a modest debt write-off, raising hopes that a rescue deal could be signed at an emergency meeting of EU leaders on Sunday. Athens has put forward a 13-page document detailing reforms and public spending cuts worth €13bn […]

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Greece debt crisis: Athens blinks first as Alexis Tsipras promises to ‘immediately implement’ reforms – in return for loan from bailout fund

By ickonic Posted on July 9, 2015 Posted in Aggregated No Comments Tagged with bailouts, eu, greece

‘Greek leaders appeared to blink first in the eurozone stand-off with Germany, promising to “immediately implement” tax and pension-related measures in return for a three-year loan from Europe’s bailout fund. In the letter sent to the European Stability Mechanism (ESM), the Athens government said it would “set out in detail its proposals for a comprehensive […]

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European leaders warn next five days are ‘most critical moment in the history of the EU’ as Greece is given one final deadline

By ickonic Posted on July 8, 2015 Posted in Aggregated No Comments Tagged with drachma, eu, greece

‘The heads of the European Union last night warned the next five days comprised ‘the most critical moment in the history of the EU’ as they attempt to finally solve the Greek debt impasse. Leaders of all 28 member states – including David Cameron – have been summoned to a meeting on Sunday billed as […]

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What Happens Next After The Greek No Vote #OXI

By ickonic Posted on July 8, 2015 Posted in Aggregated No Comments Tagged with activism, bailouts, eu, greece, referendum, troika

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40,000 Greek Workers Fired or Suspended

By ickonic Posted on July 8, 2015 Posted in Aggregated No Comments Tagged with eu, euro, Wages

‘The imposition of capital controls delivered the last blow to the public construction projects, leading to many cancellations, even in sites that operated normally until yesterday. The main reason behind the cancellations is that there is no way for the workers to be paid. It was estimated that over the last weekend thousands of workers […]

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Tsipras Begins Brussels Campaign to Keep Greece Inside the Euro

By ickonic Posted on July 7, 2015 Posted in Aggregated No Comments Tagged with debt default, eu, euro, greece, referendum

‘Greek Prime Minister Alexis Tsipras is in Brussels for what could be a last chance to secure a rescue from European leaders and keep his country in the euro. After German Chancellor Angela Merkel said “time is running out” for Greece to come up with a plan, finance ministers gathered for talks with division remaining […]

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‘EU wanted to get rid of Greek leftist government. They failed’

By ickonic Posted on July 7, 2015 Posted in Aggregated No Comments Tagged with eu, greece, referendum, syriza

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Greece, the IMF and Goldman Sachs

By ickonic Posted on July 7, 2015 Posted in Aggregated No Comments Tagged with debt, ecb, eu, greece, imf, troika

‘Greeks massively voted NO to austerity. Now what? No one can really tell what will come out of the upcoming negotiations with the Troika (International Monetary Fund, European Commission, European Central Bank). Meanwhile Austrians are signing a petition to leave the European Union and Greek’s Finance Minister, Yanis Varoufakis, has resigned. RT reports: “One of […]

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Defying Troika, Greece Chooses ‘Democracy Over Fear’ With ‘No’ Vote on Austerity

By ickonic Posted on July 6, 2015 Posted in Aggregated No Comments Tagged with activism, austerity, ecb, eu, greece, imf, referendum, troika

‘News outlets are officially reporting that the ‘No’ side has won a decisive victory in Greece, rejecting a bailout offer from foreign creditors that would have imposed further austerity and economic hardship. Reuters reports that government officials “immediately said they would try to restart talks with European partners,” perhaps as soon as Sunday night. ‘”The […]

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Greece crisis: Referendum exposes a gaping hole at the heart of the European Union – its lack of genuine legitimacy

By ickonic Posted on July 5, 2015 Posted in Aggregated No Comments Tagged with activism, austerity, banks, central bank, default, ecb, eu, euro exit, greece, imf

‘And now for Greece’s moment of truth. Or not, as the case may be. The effectively bankrupt country, its economy paralysed and its banks set to run out of cash on Monday, goes to the vote in a referendum that may determine its continuing membership of the euro, as well as the fate of Prime […]

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Greek prime minister refuses to call off bailout referendum and accuses Europe of attempting to ‘blackmail’ the country into accepting terms in TV address

By ickonic Posted on July 2, 2015 Posted in Aggregated No Comments Tagged with debt, default, ecb, eu, greece, imf, referendum

‘Greek Prime Minister Alexis Tsipras has vowed to press ahead with his plan to put austerity measures to voters after European creditors rebuffed its latest proposal for a new aid program. But finance ministers were still discussing the country’s situation and nothing seemed set in stone. Many European officials had ruled out any deal with […]

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Goldman-Sachs Boss and Bilderberg Member Peter Sutherland: Europe Needs More Refugees from Africa and Syria

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with Africa, eu, goldman sachs, immigration, Middle East, war

‘Following a meeting with Pope Francis, the boss of Goldman-Sachs International and Bilderberg attendee Peter Sutherland said European countries have not taken their “fair share” of refugees from African countries and Syria. Sutherland told RTÉ radio 240,000 immigrants flooding into Europe each year is not an economic burden on countries such as Germany and the […]

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Goldman-Sachs Boss and Bilderberg Member Peter Sutherland: Europe Needs More Refugees from Africa and Syria

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with Africa, eu, goldman sachs, immigration, Middle East, war

‘Following a meeting with Pope Francis, the boss of Goldman-Sachs International and Bilderberg attendee Peter Sutherland said European countries have not taken their “fair share” of refugees from African countries and Syria. Sutherland told RTÉ radio 240,000 immigrants flooding into Europe each year is not an economic burden on countries such as Germany and the […]

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Just As You Suspected, Mega-Corporations Dominate EU Lobbying

By ickonic Posted on June 30, 2015 Posted in Aggregated, Corruption No Comments Tagged with eu

‘The latest analytical report from Transparency International has revealed that the majority of lobbying meetings involving the European Commissioners and their staff were actually held with corporate managers. The EU declares the number of lobbying meetings it has approximately every six months. Between December 2014 and June 2015 analysis showed that there were a total […]

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Just As You Suspected, Mega-Corporations Dominate EU Lobbying

By ickonic Posted on June 30, 2015 Posted in Aggregated, Corruption No Comments Tagged with eu

‘The latest analytical report from Transparency International has revealed that the majority of lobbying meetings involving the European Commissioners and their staff were actually held with corporate managers. The EU declares the number of lobbying meetings it has approximately every six months. Between December 2014 and June 2015 analysis showed that there were a total […]

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