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Tag Archives: austerity
How Do You Solve A Problem Like Syriza?
How Do You Solve A Problem Like Syriza? First off, no, I don’t think Syriza is a problem, I just couldn’t resist the Sound of Music link once it popped into my head, as in ‘headlines you can sing’. I think Syriza may well be a solution, if it plays its cards right. But that […]
Can Syriza renegotiate Greece’s multi-billion bailout?
Can Syriza renegotiate Greece’s multi-billion bailout? Left-wing protest party facing up to the political reality of governing Europe’s most indebted nation. The Greek left-wing party Syriza gets down to work, after storming to power on an anti-austerity ticket. From protest party to ambitious political newcomers, Syriza is facing up to the political reality of governing […]
Understanding what propels the World Economy is mandatory to comprehend its Demise
Understanding what propels the World Economy is mandatory to comprehend its Demise Banking has existed for a long time. The idea of debt dates back to the ancient world, as evidenced for example by ancient Mesopotamian clay tablets recording interest-bearing loans. Far too many people attribute our financial doom to fractional banking etc. They are actually […]
“The Barricades Are Down” Syriza Is Already Rolling Back Austerity “Reforms”
“The Barricades Are Down” Syriza Is Already Rolling Back Austerity “Reforms” It didn’t take long for Syriza to start making changes in Greece. While these may be minor at the margin compared to the debt “issues”, as KeepTalkingGreece reports, Alexis Tsipras and his junior coalition partner Panos Kammenos pushed the Fast Forward button to restore a series of […]
Greek election: It’s really up to the ECB and EU now
Greek election: It’s really up to the ECB and EU now The result was worse than expected whatever the final outcome – the anti-austerity vote is massive, but it could be an empty gesture as Greece in reality has little choice: Comply with the Troika or leave the EUR. I doubt the later will happen […]
Anti-austerity Syriza sweeps Greece parliamentary poll
Anti-austerity Syriza sweeps Greece parliamentary poll Party’s leader Alexis Tsipras, who wants to renegotiate EU and IMF bailout terms, set to become next prime minister. Syriza, a radical left party, has swept to power in Greece promising to end years of painful austerity policies, in an election victory that puts the country on a collision course […]
EU austerity faces rising public anger
EU austerity faces rising public anger Brussels, Belgium – Outside the European Commission in Brussels late last month dozens of horn-blowing tractors from Belgium rolled ominously down roads usually reserved for the limousines belonging to this continent’s powerful politicians. Accompanied by throngs of demonstrators and surrounded by smoking hay stacks and burning effigies of leaders such […]
Greek ‘political blackmail’ of EU won’t work anymore, says top Merkel party member — RT News
Greek ‘political blackmail’ of EU won’t work anymore, says top Merkel party member — RT News. With the possibility of a leftist anti-austerity party dominating Greek elections later this month, a high-ranking member of German Chancellor Angela Merkel’s party has said Greece could no longer “blackmail” the EU. Michael Fuchs, an MP for Merkel’s Christian […]
Belgium unions protest against austerity cuts – Europe – Al Jazeera English
Belgium unions protest against austerity cuts – Europe – Al Jazeera English. Labour unions in Belgium have begun a 24-hour nationwide strike against government policies that will extend the pension age, contain wages and cut public services. Angry strikers gathered on Monday to protest against what they called the government’s lack of support for the […]
‘F**k austerity’: Protesters clash with cops outside opening night at La Scala, Milan — RT News
‘F**k austerity’: Protesters clash with cops outside opening night at La Scala, Milan — RT News. At least 300 protesters clashed with riot police in an anti-austerity march in Milan, Italy, outside La Scala which opened its glamorous opera season. Activists threw Molotov cocktails and flares, leaving two officers injured. The demonstrators were protesting against […]
Europe: Is the Union over? – Head to Head – Al Jazeera English
Europe: Is the Union over? – Head to Head – Al Jazeera English. “There has been no unelected prime minister in Europe. We are not banana republics. We are democracies,” argues Viviane Reding, the former vice president of the European Commission and fierce defender of the European Union. But are European institutions truly democratic? And […]
Brussels Police Fire Tear Gas After Austerity “Protesters Overturned Cars, Lit Fires”
Brussels Police Fire Tear Gas After Austerity “Protesters Overturned Cars, Lit Fires Tear GasBelgium’s new center-right government imposed the austerity measures to cover budget shortfalls, prompting harsh reactions from the population. The BBC said: Belgium’s new government plans to raise the pension age, freeze wages and make public service cuts to meet EU targets. Some 100,000 […]
Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? | Peak Prosperity
Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? | Peak Prosperity. Recently, an article by Daniel Amerman caught our attention. Titled Is There A “Back Door” Method For The Government To Pay Down The Federal Debt Using Private Savings?, it details the process known as financial repression, where sovereign debts […]
