The strategy of austerity will have long-term consequences throughout Europe And Greece will continue to suffer for decades to come. Source: Greece’s bailout is finally at an end – but has been a failure | Larry Elliott | World news | The Guardian Continue reading Greece’s bailout is finally at an end – but has been a failure | The Guardian
A full 80% of 19th and early 20th-century buildings in the Greek capital have already been destroyed, and time is running out for what’s left. At what point will the devastation stop? … Continue reading Forget the Parthenon: how austerity is laying waste to Athens’ modern heritage
Germany, UK and others to send asylum seekers back to where they first sought refuge, despite the continued economic strife in Greece That’s right, send them back from the “most successful” European country to a country that can’t even handle the wellbeing of its own citizens. it appears that this is being … Continue reading EU states begin returning refugees to Greece as German reunions slow
If EU law were properly enforced, Germany would face fines for endangering eurozone stability and breaching the Macroeconomic Imbalance Procedure for the fifth year in a row One country’s surplus is another … Continue reading Germany’s record trade surplus is a bigger threat to euro than Greece
Why? What has Greece been doing all along? Hasn’t it been “reforming” to death? You mean you want more privatizations so German PUBLIC companies can buy Greece’s assets for less than nothing? … Continue reading Greece must reform or leave eurozone, says German minister | The Guardian
Well… He was speaking in front of bankers in Frankfurt, so had to pay his allegiance to the banks, which the Greek people have been bailing out over and over again at … Continue reading Schaeuble: Greece is living beyond its means
80% of the population of the USA do not trust and do not appreciate either of the two candidates. The strongest argument for voting Trump is not so much This article describes … Continue reading A more dangerous world is probably coming after the US election!
Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that Italy and other countries would leave the euro zone in coming years, and he blamed the euro and German … Continue reading Nobel laureate Stiglitz sees Italy, others leaving euro zone in coming years
Rather than casting off the shackles of the EU, eurozone and IMF, the Syriza-led Greek government favors the ‘oligarchs’ it once vowed to tear down and doubles down on austerity measures, leaving … Continue reading In A Mess Of Corruption & Neoliberal Austerity, Syriza Sells Greece Out To The Highest Bidders
Approximately US$440 billion in Troika loans over a five year period was given to Greece. But who is beneftting from the US$440 billion bailout?The US$440 billion in Troika loans—and thus Greek debt—has … Continue reading Who Profited From The Greek $440 Billion Bailout
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and … Continue reading IMF admits disastrous love affair with the euro, apologises for the immolation of Greece
Greece’s economy should return to growth next year – unless something else gets in the way This article at the BBC is complete hogwash. There is not one indicator that shows any … Continue reading Is Greece really on the road to recovery? – BBC News
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