Tag Archives: Greece

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

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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

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A Nazi Greeting in Greece for Angela 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

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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

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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

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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

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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

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It’s A Ponzi Scheme To Be Honest With You

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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

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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

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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

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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

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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

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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

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