‘Greece’s newly-elected anti-austerity Finance Minister says his government will no longer cooperate with the troika of international lenders or seek aid extension. Yanis Varoufakis made the announcement on Friday, following a meeting with Eurogroup President […]
‘In a taste of what lies ahead, Yanis Varoufakis, the flamboyant new finance minister, said on his way to the government’s swearing-in ceremony that negotiations would not continue with the hated troika of officials representing […]
‘Sunday’s Greek vote for anti-austerity left-wing Syriza shows the people’s eagerness to stop the current bailout scheme and renegotiate a deal that’s more favorable for the Greek economy. In the next several days and weeks, […]
‘Every time Eurocrats declare that the economic crisis is over, it comes back with a vengeance. For six years, the Brussels elites have been periodically assuring us that the Eurozone has shaken off the bug; […]
‘Exit polls show anti-austerity party, Syriza, has won Greece’s general election, which can affect the course of austerity policies in the European country. The exit polls announced on Sunday suggest that the radical leftist party, […]
It may seem surprising that an election in a small country of less than 12 million people could create high anxiety in government ministries in Berlin and Paris and at the European Union (EU) headquarters […]
‘After her mother’s pension was cut over 30 times, Rena Dourou knew that Greece could no longer cope with austerity. Now, as Syriza, her political party, leads the polls ahead of the country’s general election […]
Gold Demand Explodes as Volatility and Fear Stalk Market Although the extent to which the surprise move by the Swiss National Bank last week has damaged financial institutions will not be apparent until the end of the month, it is…
‘And just to make things interesting, overnight Russia told a beleaguered Greece, and specifically its hurting farmers, that it “may lift its ban on food imports from Greece in the event it quits the European […]
‘Why is the ECB sounding and acting like common thugs? They are heavily leaning on Greece like old school loan sharks. Europe is in a desperate situation which calls for desperate measures. They cannot allow […]