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More reasons for the financial markets to worry
More reasons for the financial markets to worry Five tests of unity that the eurozone will face this week. In the wake of Sunday’s election in Greece, the unity of the eurozone will come under close scrutiny this week. The financial markets were already in a state of excitement over the launch of quantitative easing […]
Greece’s New FinMin Warns “We Are Going To Destroy The Greek Oligarchy System”
Greece’s New FinMin Warns “We Are Going To Destroy The Greek Oligarchy System” Over two years ago, we first highlighted Yanis Varoufakis’ perspectives on the destruction of Greece and Europe’s bogus growth pacts. Since then he has grown in both reason and popularity as his no-nonsense discussons of the mis-design of the euro (and potential solutions) have […]
Far-right Golden Dawn party takes third place in Greece elections
Far-right Golden Dawn party takes third place in Greece elections Greece’s far-right radical party Golden Dawn is expected to come third in the parliamentary election. The anti-immigrant party with Nazi roots is showing remarkable staying power, despite most of its members and lawmakers facing criminal charges. News of Golden Dawn’s all-but-official success comes as the […]
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 […]
Is This The Day Europe Gets Its Future Back?
Is This The Day Europe Gets Its Future Back? With The Greek election in full motion, and first results perhaps 12 hours away, It would seem useful, no matter how the Greeks vote, to lay to rest a few misconceptions, and to expose a few ‘conceptions’ that have – largely – remained buried to date. […]
Syriza Leads In 6 Polls; Leader Tsipras Shuns Merkel, Says “Won’t Honor Commitments”
Syriza Leads In 6 Polls; Leader Tsipras Shuns Merkel, Says “Won’t Honor Commitments” With the leads in at least six polls (of between 4% and 10%), Syriza leader Alexis Tsipras has come out swining for the anti-EU vote this morning: *TSIPRAS SAYS ONLY SYRIZA CAN END GREECE’S CATASTROPHIC COURSE *TSIPRAS SAYS WON’T HONOR COMMITMENTS MADE BY PREVIOUS […]
The re-emergence of crisis theory as Europe faces new calamity: Don Pittis
The re-emergence of crisis theory as Europe faces new calamity: Don Pittis To Canadian political economist Daniel Drache, Europe feels like it could be on the verge of a crisis. Yesterday’s violent killings at the Charlie Hebdo newspaper offices in Paris did nothing to change that feeling. “I think there’s lots of turmoil ahead,” said Drache, who […]
Samaras Warns of Euro Exit Risk as Greek Campaign Starts
Samaras Warns of Euro Exit Risk as Greek Campaign Starts Greece’s political parties embarked on a flash campaign for elections in less than three weeks that Prime Minister Antonis Samaras said will determine the fate of the country’s membership in the euro currency area. Samaras used a Jan. 2 speech to warn that victory for […]
ekathimerini.com | No more lies
ekathimerini.com | No more lies. We have become accustomed to cynicism and lies that we have are immune to anything that is said. Various people come up with comments like: “Come on, SYRIZA is all talk, it won’t actually carry out what it says; I’m certain of it. It will do an about-face.” This position […]
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 […]
Greece dissolves parliament for January vote – Europe – Al Jazeera English
Greece dissolves parliament for January vote – Europe – Al Jazeera English. Greece’s parliament has been dissolved ahead of an early election that will be warily watched by markets and international creditors concerned that the austerity-weary country could starting unwinding unpopular fiscal reforms. It was parliament’s failure to choose a new president in three successive […]
Greece In Turmoil After Third Failed Presidential Vote Means January 25 Snap Elections | Zero Hedge
Greece In Turmoil After Third Failed Presidential Vote Means January 25 Snap Elections | Zero Hedge. And just like that Grexit is back. It appears that with a few short days left in the year, the Santa rally is finally over, if only in Greece where both bonds and stock are tumbling after the third […]
