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Tag Archives: Greece
The Euro Legacy: In Greece, Children Pick Through Trash Cans For Food
We have reached a point where children are coming to school hungry,” as with an estimated 10% of Greek elementary and middle school students suffering from ‘food insecurity’, the troubled nation has fallen to the level of some African countries. As the … Continue reading
Greeks Panic As Drug Firms Slash Medicine Supplies By 90% On Bad Debts
Greece is facing a serious shortage of medicines amid claims that pharmaceutical multinationals have halted shipments to the country because of the economic crisis and, as The Guardian reports, concerns that the drugs will be exported by middlemen because prices are higher … Continue reading
Greek Finance Minister Gets Bullet In The Mail
Now that Europe is clearly unfixed once more, it is time to shift attention back to broke Greece where as we showed yesterday things are certainly back to the “new normal” with 24 hour strikes again on the daily agenda. And just … Continue reading
Now Greece Bans Cash – Again
Greek FinMin: purchases over €500 only via credit card, check or bank transfer …Greek Finance Ministry plans to put an end to cash payments. Purchases worth more than 500 euro will be not possible with cash money anymore. Finance minister … Continue reading
Anonymous Hacks Greek Finance Ministry, Finds “123456″ Is Password For 37% Of All User Accounts
While we have yet to go through the thousands of files that hacker collective Anonymous has just released as a result of its hack of the Greek Finance Ministry, an exploit it described as follows: “We gained full access to … Continue reading
Cops petrol-bombed at Greek anti-austerity rally
Youths have clashed with the Athens police force, pelting officers with stones and petrol bombs during an anti-austerity march. More than 20,000 people have gathered in the Greek capital in a 24-hour strike against wage and pension cuts. Anti-austerity activists … Continue reading
Merkel tells irate Greeks painful reforms will pay off
Tens of thousands of angry Greek protesters filled the streets of Athens on Tuesday to greet German Chancellor Angela Merkel, who offered sympathy but no promise of further aid. Police fired teargas and stun grenades to hold back crowds chanting … Continue reading
A Nazi Greeting in Greece for Angela Merkel
Posted in Civil Unrest, Editorial, Financial
Tagged Bailout, Collapse, EU, Germany, Greece, Merkel
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Furious shipyard workers storm Greek Defense Ministry
From YouTube: About 250 shipyard workers stormed the Greek Defense Ministry in Athens on Thursday, demanding to be paid their wages and calling for an audience with the Greek Defense Minister. The shipyard workers were from the Hellenic Skarmangas shipyard. … Continue reading
Life Without Quantitative Easing
Anti-cuts protests erupt on streets of Athens and Madrid Demonstrators have clashed with police on the streets of Athens and Madrid in an upsurge of popular anger at new austerity measures being imposed on two of the euro zone’s most … Continue reading
Dutch Premier Defends Austerity, Says No To More Greek Aid
Dutch caretaker Prime Minister Mark Rutte, seeking a return to power after Sept. 12 elections, said he would block a third aid package for Greece and defended austerity as the only way out of Europe’s debt crisis. “We’ve helped twice and now it’s up … Continue reading
Merkel tries to calm storms over Greece, ECB policy
Angela Merkel tried to calm a growing storm over euro zone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader said Greece should leave the currency bloc by … Continue reading
Greek Shortfall Growing Ever Larger
The Greek prime minister has spent weeks searching for ways to come up with 11.5 billion euros to satisfy international conditions for emergency aid. Now, though, SPIEGEL has learned that the shortfall may be as much as 14 billion euros. … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse, Germany, Greece, NC Renegade, Spiegel
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It’s A Ponzi Scheme To Be Honest With You
Posted in Editorial, Financial
Tagged Economic Collapse, Greece, NC Renegade, Rick Santelli
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The Full Financial Monte is Coming
From The Market Oracle, UK we get a comprehensive analysis of what has happened, and what is coming in the financial world. I am in fundamental agreement with their views, excepting a few quibbling details. Consider this a sanity check … Continue reading
Posted in Agenda 21, Americas Remedy, Civil Unrest, Editorial, Energy, Financial, Safety and Preparedness, Uncategorized, Voter issues, War
Tagged Agenda 21, Americas Remedy, Civil Unrest, Constitution, debt ceiling, Economic Collapse, European Union, Federal Reserve, Gold, Greece, Illegal Aliens, Immigration, NDAA, Obama, Romney, Ron Paul, Safety and Preparedness, Stock Market, Tea Party, Voter Fraud, War, Zerohedge
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Syria is the Appetizer, Iran will be the Main Course…
As I have been warning for some time, the US cannot resist becoming involved in Syria. This is part of a bigger play, in fact it is part of a proxy war between the three super powers of the world … Continue reading
Posted in Americas Remedy, Civil Unrest, Editorial, Elections, Energy, Financial, Safety and Preparedness, Uncategorized, Voter issues, War
Tagged Civil Unrest, Constitution, Corruption, European Union, Federal Reserve, Gold, Greece, Iran, Israel, NDAA, Obama, Romney, Ron Paul, Safety and Preparedness, Syria, War
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Microsoft attack puts spotlight on Greek tensions
Gunmen driving a van packed with gas canisters firebombed the Athens headquarters of Microsoft on Wednesday, underscoring the threat of instability as Greece asks for more time and less hardship in cutting its crippling debt. Fire gutted the ground floor of the … Continue reading
Monday Morning Roundup: Egypt, Greece, France, Spain and Italy
A supporter of the Muslim Brotherhood’s presidential candidate Mohamed Morsy kisses a picture of him during a celebration at Tahrir square in Cairo June 18, 2012. The Muslim Brotherhood’s Mohamed Morsy said on Monday after his group declared him winner … Continue reading
Caution: Market Volatility Coming on June 17th
Oanda has cancelled trading this Sunday (June 17, 2012) “due to the extreme volatility some market analysts foresee could result in the coming days“. Whether this trading moratorium will be extended past Monday will not be known but the elections in … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse, Egypt, Greece, Muslim Brotherhood, NC Renegade, OANDA, Zerohedge
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The Genius of Mutual Indebtedness – Nigel Farage
Transcript: “Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won’t be the last. Though I wondered over the weekend whether perhaps I was missing something, because when the … Continue reading
Posted in Editorial, Financial
Tagged Bailout, ECB, Economic Collapse, Eurozone, Greece, Ireland, Italy, NC Renegade, Nigel Farage, Portugal, Spain
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Greece Is Leaving the Eurozone – Follow the Bank Run
Greece is leaving the Eurozone. Follow the logic: Greece leaves the Eurozone, defaults on all debt and issues a new Drachma after The newly elected Syriza government tells Germany they will not accept any conditions on their sovereignty after The … Continue reading
Posted in Editorial, Financial
Tagged Bank Run, Euro, Eurozone, Greece, NC Renegade, Syriza
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Will Suicide Become Our Country’s Legacy?
Another pensioner has committed suicide in Greece due to overwhelming personal debt. Despair over his unborn grandchildren’s future and the fate of his country were listed in his farewell note. The people of Greece made a fatal mistake: they transferred … Continue reading
Posted in Editorial, Financial
Tagged Communism, Faith, Greece, NC Renegade, Obama, suicide
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What’s Really Happening in Europe?
Posted in Civil Unrest, Editorial, Financial
Tagged Economic Collapse, EU, European Collapse, Glenn Beck, Greece, NC Renegade
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Of Deutsche Marks, Lira, Peseta and Coming Troubles
(New American) The Munich-based Foundation for Family Business has filed a criminal lawsuit against the Bundesbank, the central bank of Germany, alleging that the board of the bank has hidden the true scale of the risk borne by ordinary German … Continue reading
Posted in Civil Unrest, Editorial, Elections, Financial, Immigration, Safety and Preparedness, Uncategorized, Voter issues, War
Tagged 99%, Civil Unrest, Economic Collapse, Elections, European Union, Federal Reserve, Gold, Greece, Immigration, Russia, Safety and Preparedness, Stock Market, War
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ECB stops operations with some Greek banks
(Reuters) – The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, confirming news earlier reported exclusively by Reuters. The news sent the euro lower against … Continue reading
The Countdown To The Break Up Of The Euro Has Officially Begun
Most analysts are forecasting that the United States will have three days after the inevitable European economic collapse before our own economy collapses. True or not, the correlations between the looters nullifying the votes of the producers in Greece and … Continue reading
Posted in Editorial, Elections, Financial
Tagged Economic Collapse, Greece, NC Renegade
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And the Final Nail Is Struck in Greece’s Coffin
Greece has one major economic engine: tourism. Imagine a vacation in beautiful surroundings, rich in history among a native population who is on permanent vacation. The recent economic collapse, default and riots have now painted a much different view of … Continue reading
Stock futures hit after European elections
(Reuters) – Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country’s future in the euro zone at risk, and as Socialist candidate Francois Hollande won the French presidency. S&P 500 futures … Continue reading
Posted in Editorial, Financial
Tagged Collapse, Eurozone, France, Greece, NC Renegade, Stock Market
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Greece Rejects Austerity in Favor of Neo-Nazis
As the world watched Germany adopt Nazism based on extreme economic hardships prior to World War II, the world’s apathy and appeasement led to one of mankind’s darkest periods in history. What have we learned? Greece is following in their … Continue reading
Posted in Civil Unrest, Editorial, Financial, War
Tagged France, Golden Dawn, Greece, Nazism, NC Renegade, Neo-Nazi, Socialism
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Greece Opens Illegal Alien Detention Camp
Greece opens detention camp for immigrants as election looms ATHENS (Reuters) - Greece opened its first purpose-built detention centre for illegal migrants on Sunday in Athens, a week before a national election where illegal immigration has emerged as a key issue. About 130,000 … Continue reading
Posted in Civil Unrest, Editorial, Immigration
Tagged Detention Center, Greece, Illegal Aliens, Immigration, NC Renegade
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Update: Bank Of Greece: 2012 GDP Drop Worse Than Expected
From Deutsche-Boerse: ATHENS (MNI) – Greece is facing yet another year of sharp recession with GDP expected to contract by as much as 5% in 2012, higher than previously forecast, the Bank of Greece said in a report released today. … Continue reading
Desperation
I cannot imagine the level of desperation that this man felt. I can imagine the anger he felt directed at his government and its usurpation. David DeGerolamo Man Commits Suicide In Broad Daylight On Athens’ Syntagma Square To Protest “Occupation … Continue reading
Posted in Civil Unrest, Editorial
Tagged Angela Merkel, Greece, NC Renegade, Syntagma Square, Tsolakoglou
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When Will Greece Leave the Eurozone?
Will Greece become the first country to abandon the Eurozone and return to the drachma? My money is on Spain or Italy. Greece’s debt is too small to be of concern compared to the giant collapses about to happen in … Continue reading
Posted in Editorial, Financial
Tagged Drachma, Economic Collapse, Euro, Eurozone, Greece, Italy, NC Renegade, Spain
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Greek Bailout Is Determined and Delusional, says Farage
Anyone who understands the financial situation in the European Union will agree with Mr. Farage’s candid assessment of the Greek Bailout and subsequent default. What is not mentioned is the impact on the United States. Look for the real reason … Continue reading
Greece Is Not the Point
Four of the top five articles on Zerohedge.com are currently outlining the Greek Crisis. Is this important to the rest of the world or to you personally? Yes and there is no qualifying “but” to be considered. The future of … Continue reading
Posted in Editorial, Financial, War
Tagged China military budget, default, Greece, Greek, NC Renegade, world war
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Greece Manufacturing PMI Collapses: What Is the Lesson that the United States Is Learning?
Cause and effect. Why work when the fruits of your labor will be stolen? The Greek people have no incentive to work to save their country since the money will be taken to pay off debt to other countries. Greece … Continue reading
Posted in Editorial, Financial
Tagged Federal Reserve, Greece, Greek PMI, NC Renegade, US Debt
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The Situation in the Hellenic Republic Is Still Evolving
Once again, the ISDA has issued a decision that a Greek credit event has not occurred with the inclusion of retroactive “collective-action clauses (CAC) in its sovereign debt. Standard & Poor’s cut Greece’s credit rating to SD (Selective Default) over … Continue reading
Posted in Editorial, Financial
Tagged CAC, CDS, Greece, Greek, ISDA, NC Renegade, Selective Default
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The Evolution of War
See additional comments on Tea Party Nation. The end result in a war is the looting of the losing country or countries resources. In earlier history, the people would be enslaved, relocated and/or killed as part of the plunder. As … Continue reading
Posted in Civil Unrest, Editorial
Tagged Bailout, Civil Unrest, Gold, Greece, NC Renegade, War
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