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Keyword: eu

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  • UN Security Council unanimously approves Iran deal; EU Ministers Approve Pact Ahead of UN Vote

    07/20/2015 7:55:05 AM PDT · by SeekAndFind · 15 replies
    Times of Israel ^ | 07/20/2015 | BY MARISSA NEWMAN AND AP
    The UN Security Council on Monday unanimously adopted a resolution endorsing the Iran nuclear deal and paving the way to lifting longstanding sanctions on the Islamic Republic. The 15-0 approval of the Iran nuclear deal clears one of the largest hurdles for the landmark pact, which will now go before the US Congress where it may face an uphill battle for confirmation. The UN vote came shortly after the European Union approved the nuclear deal, okaying the pact between the five permanent members of the Security Council plus Germany and Iran that lifts punishing economic sanctions on Tehran in exchange...
  • [Nigel] Farage on Europe at the Heritage Foundation

    07/18/2015 7:08:14 PM PDT · by Lorianne
    Armstrong Economics ^ | 17 July 2015 | Martin Armstrong
    Nigel Farage may be the only practical politician these days because he came from the trading sector. He explains the Euro-Project and its failures. He makes it clear that the Greek people never voted to enter the euro, and explains that it was forced upon them by Goldman Sachs and their politicians. Nigel also explains that the Euro project idea that a trade and economic union would then magically produce a political union Ė the United States of Europe and eliminate war. He has warned that the idea of a political union would end European wars has actually turned Europe...
  • Greece struggles against wildfire front, calls for EU help

    07/17/2015 8:51:50 AM PDT · by Kartographer · 17 replies
    AFP via Yahoo News ^ | 7/17/15 | John Hadoulis
    Greece appealed for EU assistance Friday to battle wildfires raging on the outskirts of Athens and in the southern Peloponnese region that forced the evacuation of several villages. Prime Minister Alexis Tsipras said he had requested help to fight the fires and announced army and airforce units were being deployed to help douse the flames. "All firefighting forces, in addition to the army and the airforce, are on alert," Tsipras told reporters, blaming the outbreak on "emergency weather conditions". "We all need to stay calm," he said. Greece had asked for four aircraft from Europe, fire department spokesman Nikos Tsongas...
  • Greek socialists reluctantly accept IMF Ďmeddlingí in deal to save the country they ruined

    07/13/2015 4:36:24 AM PDT · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 07/13/15 | Dan Calabrese
    If I were negotiating this deal on behalf of the IMF and the EU, one term I would demand is the resignation of the socialist government Itís the third bailout of Greece in five years. Heck, even Chrysler must be appalled at a performance like that. And while weíre still waiting for the details, early reports indicate that Greeceís socialist government had to accept much more stringent terms than the ones they told Greek voters to reject just last week. Itís easy just telling everyone yes to whatever they want until you run out of stuff to give them. Thatís...
  • What Assets Did Greece Just Hand Over To Europe: "Airports, Airplanes, Infrastructure ...

    07/13/2015 8:55:22 AM PDT · by SeekAndFind · 23 replies
    Zero Hedge ^ | 07/13/2015 | Tyler Durden
    The Simpsons had it right all along: With the provocative and dramatic Greek "time out" language pulled from the final finmin and summit draft language, the two most humiliating aspects of the latest extend and pretend "deal" for the Greek people will be the return of the Troika's (surely we can call it the Troika again as part of the Greek capitulation) IMF mission to Athens, and the escrowing of some €50 billion in  Greek assets in a liquidation fund. Granted said fund will not be domiciled in Luxembourg as was originally envisioned, but Europe will still have control and...
  • European Leaders Reach Agreement to Resolve Greek Debt Crisis

    07/13/2015 5:09:22 AM PDT · by afraidfortherepublic · 11 replies
    New York Times ^ | 7-13-15 | JAMES KANTER and ANDREW HIGGINS
    BRUSSELS ó Greece and its European creditors announced an agreement here on Monday that aims to resolve the countryís debt crisis and keep it in the eurozone, but that will require further budgetary belt-tightening that Primes Minister Alexis Tsipras could have trouble selling back in Athens. The agreement does not guarantee that Greece will receive its third bailout in five years. But it does allow the start of detailed negotiations on a new assistance package for Greece. One open question is whether the deal gives enough confidence to the European Central Bank to let it continue channeling sorely needed emergency...
  • Greeks Face 'Humiliating' Demands As Twitter Says #ThisIsACoup (EU Demands "Banker Dictatorship"?)

    07/12/2015 8:41:53 PM PDT · by tcrlaf · 64 replies
    TeleSur ^ | 6-12-2015 | Telesur
    As European Union leaders push Greece for more austerity reforms, Athens enters political crisis and social media erupts in response. A two-day emergency meeting on Greeceís economic future ended Sunday with strict conditions from the European Union, including contentious austerity reforms, if it wants a new bailout and keep the euro. To meet the conditions for fresh aid packages and a third bailout that Greece needs to avoid bankruptcy, European finance ministers want Greece to pass a series of austerity measures--including tax and pension reforms-- through Parliament and put them into law by Wednesday. Greece will also have to lose...
  • "Not Possible To Reach A Deal Today" - EU Summit Canceled As Leaders Scramble To Keep Dream Alive

    07/12/2015 6:58:15 AM PDT · by SeekAndFind · 6 replies
    Zero Hedge ^ | 07/12/2015 | Tyler Durden
    It was a weekend in which, according to traders, Greece facing an "absolutely final" was going to be saved. Instead, it may go down in history as the weekend in which the Eurozone finally split and its long-overdue disintegration began. After yesterday's dramatic report that Germany, together with 5 other nations, are contemplating a "temporary" 5 year Grexit, it started to become clear that Schauble does indeed want to make an example of Greece (perhaps for France and Madame Frexit, perhaps for the rest of the European periphery where the recovery is so "strong", record youth unemployment still assures...
  • Germany reportedly preparing for Greece exit from eurozone

    07/12/2015 6:09:07 AM PDT · by Enlightened1 · 2 replies
    Fox News ^ | 07/12/15
    Germany has reportedly began preparing for Greece to be rejected from the eurozone, as the European Union faces less than 24 hours to save the country from collapse. Greece failed to give its creditors in the 19-country eurozone proof that it can deliver on its promises to implement tough austerity and reform measures in return for billions more in bailout money. Finance ministers canceled a European Union summit meeting Sunday in an effort to do everything it takes to get a deal done or to decide to eject Greece from the eurozone. Should a deal fall through, The Telegraph reports...
  • Demagogue Days

    07/09/2015 11:31:16 AM PDT · by BillyBonebrake · 3 replies
    Taki Mag ^ | July 9, 2015 | Taki Theodoracopulos
    The party ended when the you-know-what hit the fan around 2010. Soaring wages and gold-plated pensions had to end. Eternal austerity was the antidote. This was the EU at its bestóworst, actually. It was like taking a middleweight boxer, putting him on a very strict diet, and expecting him to become a heavyweight contender. It was and remains an impossibility. ... As a Greek whose family helped finance the war of independence against the dreaded Turks in 1821, I sincerely hope there will be a compromise, and the ill-advised plebiscite will be ignored by the powers-that-be in the EU. Putting...
  • Your moment has come, Mr Tsipras, take back control of your country - Nigel Farage

    07/08/2015 7:24:10 AM PDT · by Enlightened1 · 9 replies
    Youtube ^ | 07/08/15
    So your moment has come, and frankly if you have the courage you should lead the Greek people out of the Eurozone with your head held high. Get back your democracy; get back control of your country. Give your people the leadership and the hope that they crave. Yes it will be tough in the first few months but with a devalued currency and with friends of Greece all over the world, you will recover.
  • Greece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary

    07/08/2015 5:24:31 AM PDT · by Wiz-Nerd · 44 replies
    ZeroHedge ^ | 07/08/2015 | Tyler Durden
    As we reported yesterday, following the latest European leaders summit, Greece was given until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin. "The stark reality is that we have only five days left ... Until now I have avoided talking about deadlines, but tonight I have to say loud and clear that the final deadline ends this week," European Council President Donald Tusk told a news conference. It did that moments ago when Greece...
  • TEDxAcademy - Yanis Varoufakis - A Modest Proposal for Transforming Europe (bypass of old media)

    07/07/2015 1:31:57 PM PDT · by longtermmemmory · 5 replies
    Ted Talks ^ | Oct 18, 2011 | Yanis Varoufakis
    Uploaded on Oct 18, 2011 Professor Varoufakis proposes a decentralized system for europe in order to transform it before the crisis of the system crashes Europe. He studies all the different possibilities of actions that can be taken and explains why his proposal is the best option. Studied mathematics at Essex University, received an MSc in mathematical statistics from the University of Birmingham and then, curiously, completed a PhD in... economics at Essex University. Between 1982 and 1988 he taught at the Universities of Essex, East Anglia and Cambridge. From 1988 to 2000 he lived in Sydney, where he lectured...
  • Seven reasons why Yanis Varoufakis is now a political legend (Humor at EU, "Minister of Awesome")

    Whether you like him or not, former Greek Finance Minister Yanis Varoufakis is now a political legend. Hereís why: 1. The way he communicates With his blog and his Twitter account , he speaks directly to the people, his fans and his detractors, when he wants, how he wants it, without the media filter. Non-verbal communication is important too. The infamous video of Varoufakis Ďflipping his middle fingerí to Germany, which caused uproar in German media, may or may not have been faked by a German satirical TV show. In the end it doesnít really matter. He may have an...
  • Germanyís Power Polarizes Europe

    07/06/2015 9:59:48 PM PDT · by BenLurkin · 24 replies
    wsj.com ^ | Anton Troianovski
    [W]ith the ďnoĒ vote in Sundayís Greek referendum on bailout terms posing the biggest challenge yet to decades of European integration, risks to the European project resulting from Germanyís rise as the Continentís most powerful country are becoming clear. On Friday, Spanish antiausterity leader Pablo Iglesias urged his countrymen: ďWe donít want to be a German colony.Ē On Sunday, after Greeceís result became clear, Italian populist Beppe Grillo said, ďNow Merkel and bankers will have food for thought.Ē On Monday, Ms. Merkel flew to Paris for crisis talks amid signs the French government was resisting Berlinís hard line on Greece....
  • EU to push for same sex marriages to be accepted across continent

    07/06/2015 2:59:14 PM PDT · by Salman · 14 replies
    The Telegraph (UK) ^ | 30 Jun 2015 | Matthew Holehouse
    Same sex marriage should be legal across Europe, a senior EU official has said, as he gave his backing to campaigners who argue that unions should be recognised under freedom of movement rules. Frans Timmermans, the vice president of the European Commission, said it was a "disgrace" that some European countries do not recognise same-sex partnerships formed elsewhere in the union. The Commission, the executive arm of the EU, should lobby for same-sex marriages across the 28-nation bloc, he said. It follows calls from campaigners for same-sex relationships to be enshrined under EU freedom of movement rules. ...
  • Greek Debt Crisis Threatens Flow of Imports

    07/06/2015 4:29:59 PM PDT · by abb · 17 replies
    The Wall Street Journal ^ | July 6, 2015 | Juliet Samuel and Monica Houston-Waesch
    Greek votersí decisive rejection of international creditorsí bailout terms adds to the pressure on foreign exporters already worried about getting paid for imports into Greece during the countryís capital controls. Some exporters have reduced the flow to Greece or insisted on payments upfront, while others keep up the imports into the country despite the increasing chance they wonít get paid. European pharmaceutical companies, for instance, are owed more than Ä1 billion for drugs and other goods already imported. snip Greece produces just 63% of the pork and 13% of the beef consumed in the country, according to government data. The...
  • What Greeks are saying to Europe: We won't be bullied

    07/06/2015 11:30:22 AM PDT · by MNDude · 67 replies
    The size of the victory went well beyond the polling consensus that the referendum was too close to call. Six out of ten Greeks said ďnoĒ to European Union demands Ė a staggering figure in any election. This suggests that Tsipras tapped into a deep-seated feeling among Greeks to send the EU a message. That message is not just a ďnoĒ to austerity. Itís a ďnoĒ to how Greeks have been portrayed by European politicians and media: they live off EU largesse, avoid taxes, spend lavishly. More painfully, Greeks have been portrayed as lazy, and donít pay a price for...
  • Financial Markets Crumble As Greece Rejects Austerity, China Teeters On Collapse

    07/06/2015 10:50:57 AM PDT · by SkyPilot · 89 replies
    Addicting Info ^ | 6 July 15 | Nathaniel Downes
    In 2011 the biggest fear from the Greek financial crisis was that it would cause a ripple effect throughout the global economy. But despite years given to de-leverage themselves, banks worldwide are still exposed to Greece, carrying more derivatives than ever tied to the tiny European state. Now that the Greek citizens have rejected the austerity measures proposed by the EU, we are facing a real potential of a Greek default, which could trigger a cascade collapse of credit default swaps and cause the implosion of the German central bank. Then, a continent away, we are facing trouble of a...
  • Greenfield: Socialismís Greek Staring Contest

    07/06/2015 4:06:57 AM PDT · by Louis Foxwell · 9 replies
    FrontPage ^ | Daniel Greenfield
    Socialismís Greek Staring Contest The day will come when America faces its own inner Greece. July 5, 2015 Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. The Greeks gambled in their referendum that European elites were more committed to their ideological obsession with integrating Europe than with mere economics. Stand up to a bunch of corrupt Greek civil servants and Europe risks going back to the bad old days of nation states and independent economies. It is likely that their bet will pay off. After all even a cursory...
  • Quartet of crises threatens Europe's core

    07/05/2015 2:57:24 PM PDT · by 867V309 · 8 replies
    news.yahoo.com ^ | 4-5-2015 | Paul Taylor
    The EU's unity, solidarity and international standing are at risk from Greece's debt, Russia's role in Ukraine, Britain's attempt to change its relationship with the bloc, and Mediterranean migration.
  • Greek referendum results live: 'No' vote to Europe's bail-out terms as Greeks choose to deal

    07/05/2015 12:53:32 PM PDT · by Lurch Addams · 93 replies
    Telegraph ^ | 7/5/2015 | Mehreen Khan
    Greek referendum results live: No vote to eurozone bail-out deal leads by 60 per cent. After 20pc of the vote is counted, Greeks look to have voted 'No' with a 60pc majority against Europe's bail-out conditions
  • Farage on Friday: The EU does NOT care about what is best for Greece

    07/04/2015 7:47:22 PM PDT · by dynachrome · 14 replies
    Sunday Express ^ | 7-3-15 | NIGEL FARAGE, MEP
    As my colleague Patrick OíFlynn recently pointed out in the Daily Express, the bullying of Greece by the EU has stepped up a notch. Threats, scaremongering and fear is being put about to keep that country locked within the Euro straightjacket. All those running the EU care about is their project. They care not for the best wishes of the Greek people, but simply for sustaining the economic madhouse they themselves have created. Locked inside the Euro, the Greek people have been long-suffering. Quite simply, the European Union is quite happy to see Greece crucified as long as the shattered...
  • The Greeks should vote ďno!Ē

    07/04/2015 10:27:15 AM PDT · by Tolerance Sucks Rocks · 61 replies
    The Washington Times ^ | July 2, 2015 | Peter Morici
    Sunday, Greeks should vote ‚Äúno‚ÄĚ!Hellenic voters are being asked whether they accept the terms offered by the European Union, European Central Bank and International Monetary Fund to extend the bailout for Athens‚Äė troubled finances or give Prime Minister Tsipras a mandate to insist on a better deal.Those conditions include more cuts in government supported pensions, higher taxes and labor market reforms other European governments‚Äô are often not inclined to accept in the conduct of their own affairs.Urging a Yes vote, European leaders and their supporters in private institutions claim more austerity would reinvigorate the Greek economy and permit Greeks to...
  • Over 260,000 Austrians sign petition on EU exit

    07/02/2015 7:18:55 PM PDT · by aMorePerfectUnion · 14 replies
    PressTV ^ | 7-2-15
    More than 260,000 people in Austria have signed a petition urging the Austrian government to leave the European Union (EU). According to reports on Thursday, as many as 261,159 Austrians signed the petition. The number in total represents 4.12 percent of the country's electorate. Since under the country's regulations the threshold for calling a debate on a potential referendum is 100,000 people, the Austrian parliament must discuss a referendum on leaving the EU. The call for leaving the EU was most popular in the regions of Lower Austria and in Carinthia where 5.18 percent and 4.85 percent of potential voters,...
  • Opinion: Europeís war on Greek democracy

    06/29/2015 3:05:24 PM PDT · by Hojczyk · 15 replies
    Market Watch ^ | June 29,2015 | Joseph E. Stiglitz
    In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics. Of course, the economics behind the program that the ďtroikaĒ (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25% decline in the countryís gross domestic product. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greeceís rate of youth unemployment, for...
  • Greece to Default on $1.73 Billion IMF Payment

    06/29/2015 10:37:02 AM PDT · by catnipman · 70 replies
    wall street journal ^ | 6/29/2015 | Gabriele Steinhauser and Nektaria Stamouli
    ... Greek Prime Minister Alexis Tsipras spoke by phone with Mr. Juncker and European Parliament President Martin Schulz and asked for help getting an extension to the bailout, a Greek government official said. ďThe Greek prime minister [Tsipras]expressed the position that the democratic expression of the Greek people is hindered by the closure of banks, which doesnít apply with the democratic tradition of Europe,Ē the official said. ... Mr. Tsipras and his government are calling on Greeks to vote ďnoĒ to send a signal to Europe and the IMF
  • The sooner Greece defaults and dumps the Euro the better

    06/28/2015 6:46:15 PM PDT · by Tolerance Sucks Rocks · 17 replies
    The Washington Times ^ | June 26, 2015 | Peter Morici
    <p>Greece and its principal creditorsóthe European Union, European Central Bank and International Monetary Fundóshould acknowledge that Athens will never be able to repay the Ä131 billion it owes, write down its debt and let the Aegean nation exit the euro gracefully.</p>
  • Greek banks 'to stay shut on Monday'

    06/28/2015 10:10:25 AM PDT · by tcrlaf · 144 replies
    BBC News ^ | 6-28-2015 | BBC News
    Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens This breaking news story is being updated and more details will be published shortly
  • Ballot Language of Greek Plebiscite on EU "Deal"

    06/28/2015 1:12:17 PM PDT · by catnipman · 8 replies
    Various ^ | 6/28/2015 | self
    Obtained from various sources: Greeceís referendum question will apparently read as follows: ďGreek people are hereby asked to decide whether they accept a draft agreement document submitted by the European Commission, the European Central Bank and the International Monetary Fund, at the Eurogroup meeting held on on June 25 and which consists of two documents: ĎĎThe first document is called Reforms for the Completion of the Current Program and Beyond and the second document is called Preliminary Debt Sustainability Analysis. ĎĎ- Those citizens who reject the institutionsí proposal vote Not Approved / NO ĎĎ- Those citizens who accept the institutionsí...
  • Across spectrum, German leaders condemn Greece's rejection of EU deal

    06/28/2015 12:16:36 PM PDT · by Berlin_Freeper · 46 replies
    reuters.com ^ | Jun 29, 2015 | reuters
    German leaders right and left unleashed a barrage of criticism at Greece Prime Minister Alexis Tsipras on Sunday for rejecting an offer that could have unlocked rescue funds to resolve the debt crisis. Chancellor Angela Merkel's allies and the leaders of her centre-left coalition partners condemned Greece's leftist government, reflecting pent-up public frustration. Germany is the biggest European contributor to the bailout programmes that have kept Greece afloat for the past five years. Opinion polls now show a majority of Germans want Greece to leave the euro zone.
  • Greece debt crisis: ECB 'to end' bank emergency lending

    06/28/2015 4:54:27 AM PDT · by GunningForTheBuddha · 4 replies
    BBC News ^ | 6/28/2015
    The European Central Bank is expected to end emergency lending to Greece's banks on Sunday, the BBC understands.Well-placed sources told BBC economics editor Robert Peston a decision to end the Emergency Liquidity Assistance (ELA) would be made by the ECB's governing council later on Sunday.Greek banks depend on ELA.Cutting the lifeline could push Greece out of the euro. Some analysts have tweeted that the ECB is likely to cap, but not end, the ELA.
  • Eurozone ministers reject Greek bailout extension: sources

    06/27/2015 8:25:22 AM PDT · by Enlightened1 · 13 replies
    urozone finance ministers refused Saturday to extend Greece's bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP. The ministers "rejected an extension of the aid programme" at a meeting in Brussels, hours after Greek Prime Minister Alexis Tsipras called the plebiscite on the bailout proposal for July 5.
  • The Queen hints at desire for Britain to remain in European Union

    06/25/2015 1:13:36 PM PDT · by Berlin_Freeper · 26 replies
    theguardian.com ^ | 24 June 2015 | Kate Connolly
    Her speech, weaving historical events with present crises, was replete with some subtle and other not so subtle hints that she believed Britain belonged in the European Union Ė her most public stance yet that she wished to avoid Britain voting to leave in a referendum.
  • Running Out Of Cash, Greece Returns To Coal

    06/23/2015 9:36:23 AM PDT · by george76 · 12 replies
    Canada Free Press ^ | June 22, 2015 | Dr. Benny Peiser
    Greeceís energy minister Lafazanis said that [the coal-fired power plant] Ptolemaida V is required since renewable power plants are intermittent and endanger the countryís energy security. In May, Lafazanis sent a letter to the European Commission asking permission to operate the Ptolemaida III, a separate coal plant that is shut down due to its very old technology that pollutes the environment enormously. One of Lafazanis arguments was ďthe economic crisis in Greece, which makes the need for keeping the cost of energy for householdsí heating as low as possible.Ēó.. Polandís leading opposition party is seeking to negotiate exemptions from the...
  • Far-right surges in Croatia as EU disappointment spreads

    06/23/2015 9:45:21 AM PDT · by Ravnagora · 5 replies
    Yahoo News/AP ^ | June 23, 2015 | DUSAN STOJANOVIC and DARKO BANDIC
    ZAGREB, Croatia (AP) ó It was one of the biggest nights in Croatia's sporting calendar: a European Championship soccer qualifying match with Italy. Seconds after kick-off in a game beamed around the world, a gigantic swastika materialized on the pitch under the shocked gaze of European soccer officials. The swastika, sprayed by an unknown vandal with a chemical that became visible only when floodlights went on to start the game, has become the most potent symbol of a rise in ultra-nationalist sentiment that appears to be bleeding into the mainstream population in the European Union's newest member state. But it's...
  • Britain needs to get a better deal from Brussels or leave the European Union, major new study argues

    06/21/2015 5:29:30 PM PDT · by NRx · 3 replies
    The Telegraph ^ | 06-21-2015 | James Kirkup
    David Cameron should lead Britain out of the EU if he is unable to secure a veto for the UK over European laws, win back control over employment rules and permanently protect the City from Eurozone regulations, a group of business leaders and economists has said. Unless the Prime Minister can achieve a fundamental change in Britainís relationship with Brussels, the countryís households and businesses will be better off if the UK ops to leave the EU, the report concludes. The study, entitled Change, or Go, is the most detailed, fact based report produced to date on the UK's membership...
  • Putin: Russian pipeline project to help Greece pay its debt

    06/20/2015 5:29:04 AM PDT · by sheikdetailfeather · 13 replies
    AP ^ | 6-20-2015 | SANDY MACINTYRE and NATALIYA VASILYEVA
    ST. PETERSBURG, Russia (AP) -- Russian President Vladimir Putin said after Friday's talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece was not discussed. Speaking of the pipeline deal at a meeting with top executives of global news agencies, including The Associated Press, which began nearly three hours behind schedule at around midnight, Putin said he saw no support for the Greeks from the EU. "If EU wants Greece to pay its debts it should be...
  • FelxIS Ė A Missile That is More Than the Sum of its Parts

    06/17/2015 6:25:13 AM PDT · by sukhoi-30mki · 7 replies
    Defense Update ^ | 14, 2015
    MBDA is introducing today at the Paris Air Show a new, modular approach to missile design, as part of its traditional ĎConcept Visioní theme. The new design dubbed ĎFlexISí is designed in standard diameters and comprises a common bus and flight control system, modular, contactless interface linking the seeker bay in the front and modular processor bank, providing the missileís brain, located at the center. The rear part is also modular, accepting a variety of propulsion modules Ė miniature turbojet, single or dual pulse rocket with different propellant capacity supporting a broad range of applications. Different warheads can be used,...
  • Greece, creditors dig in after debt talks founder (EU preparing for 'state of emergency')

    06/15/2015 9:40:38 AM PDT · by Enlightened1 · 20 replies
    Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a "state of emergency". Leftist Prime Minister Alexis Tsipras ignored pleas from European leaders to act fast. Instead he blamed creditors for Sunday's breakdown of the cash-for-reform talks, the biggest setback in long-running negotiations to unlock aid for Greece. Athens now has just two weeks to find a way out of the impasse before it faces a 1.6 billion euro repayment due to the...
  • Why Is The EU Forcing European Nations To Adopt ĎBail-Iní Legislation By The End Of The Summer?

    06/14/2015 4:05:38 AM PDT · by SkyPilot · 43 replies
    The Economic Collapse Blog.com ^ | June 5th, 2015 | by Michael Snyder
    Why Is The EU Forcing European Nations To Adopt 'Bail-In' Legislation by the End of the Summer? Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact "bail-in" legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two months from this moment, that puts us in early August. So clearly the European Union wants everything to be squared away by the end of the summer. Is...
  • Europeís economic war on Israel [Zechariah 5]

    06/12/2015 12:11:59 PM PDT · by Jan_Sobieski · 3 replies
    New York Post ^ | 6/11/2015 | Benjamin Weinthal
    When it comes to dealing with the increasing calls to boycott, divest from and sanction Israel, the United States and Europe are moving in two opposite directions. Last week, South Carolina Gov. Nikki Haley signed into law legislation that bars public entities from conducting business with companies that discriminate against Israel. Itís the first of its kind, though other states are likely to follow suit. Meanwhile, growing displeasure with the frozen Israeli-Palestinian peace process has led European Union countries to call to label products from settlements in disputed territories in the West Bank and the Golan Heights, as well in...
  • TPP the European Union of North America

    06/11/2015 6:43:55 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 06/11/15 | Judi Mcleod
    Santa Claus is on his way to 12 TPP nations and packing grift for many more Overnight the long suspected nightmarish North American Union (NAU) has come true. Even though its creators have tagged it with a much more benign-sounding, all-encompassing name, Trans-Pacific Partnership (TPP), itís the equivalent of taking North AmericaóAmerica in decline in particularóoff life support. Theyíre pulling the plug on North American sovereignty and getting away with it by passing off the TPP under the sugar coating of ĎFree Trade For Allí. Santa Claus is on his way to 12 TPP nations and packing grift for many...
  • EU: Iranian Regime is the Heart of Crisis in the Middle East

    06/07/2015 2:12:09 AM PDT · by Keyvan Salami · 15 replies
    Iran News Update ^ | June 07, 2015 | Keyvan Salami
    More than 220 members of the European Parliament issued a statement, this week, warning about the flagrant rise of breaches of human rights in Iran. They have asserted that Iranian regime is the heart of the crisis in the Middle East. Many representatives in the European Parliament have already declared they will participate in this yearís Iranian resistance reunion. The meeting will take place in Paris on June 13th.
  • EU Calls for Peace Talks to Resume Immediately

    05/27/2015 3:37:58 PM PDT · by Eleutheria5 · 12 replies
    Arutz Sheva ^ | 27/5/15
    EU foreign policy chief Federica Mogherini called Wednesday on Israel and the Palestinian Authority (PA) to resume peace negotiations, saying the situation on the ground was "not sustainable," according to AFP. Mogherini issued the remarks after eyewitnesses said the Israeli Air Force (IAF) carried out four strikes on terror targets in Gaza on Wednesday, hours after terrorists launched five rockets at civilians in the Jewish state. "We see the situation on the ground as not sustainable and (it is) an illusion to think the status quo is an option," Mogherini said at the opening of an annual meeting in Brussels...
  • EU countries' resistance could frustrate migrant relocation plan

    05/27/2015 12:11:47 PM PDT · by DUMBGRUNT · 5 replies
    REUTERS ^ | 27 may 15 | Adrian Croft
    A European Union plan to disperse 40,000 migrants from Italy and Greece to other member countries met with resistance on Wednesday, with Britain saying it would not participate and some eastern states calling for a voluntary scheme.
  • France and Germany agree closer eurozone ties without EU treaty change

    05/26/2015 12:42:03 AM PDT · by Berlin_Freeper · 4 replies
    theguardian.com ^ | 26 May 2015 | Ian Traynor, Frances Perraudin
    Germany and France have forged a pact to integrate the eurozone without reopening the EUís treaties, in a blow to David Cameronís referendum campaign. Sidestepping Britainís demands to renegotiate the Lisbon treaty and Britainís place in the EU, the German chancellor, Angela Merkel, and the French president, FranÁois Hollande, have sealed an agreement aimed at fashioning a tighter political union among the single-currency countries while operating within the confines of the existing treaty.
  • Greece says it will default in June without aid from lenders

    05/24/2015 3:55:41 PM PDT · by SeekAndFind · 51 replies
    Ekathimerini ^ | 05/24/2015 | Renee Maltezou & Angeliki Koutantou
    Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default. Prime Minister Alexis Tsipras's leftist government says it hopes to reach a cash-for-reforms deal in days, although European Union and IMF lenders are more pessimistic and say talks are moving too slowly for that. Greek officials now point to a race against the clock to clinch a deal before payments totaling about 1.5 billion euros ($1.7 billion) to the IMF...
  • Over 200,000 Greeks Apply For Humanitarian Crisis Relief

    05/19/2015 8:12:39 AM PDT · by SeekAndFind · 10 replies
    Zero Hedge ^ | 05/19/2015 | Tyler Durden
    UPDATE: Greek Default Would Mean Poverty Trap, Dijsselbloem Tells VNThe Humanitarian Crisis Relief program was one of the top priorities of the SYRIZA-Independent Greeks coalition government and it was pushed forwards despite the Troika-Institutions objections. After the EU leaders Summit end of March, EU Commission President Jean Claude Juncker had announced to release 2 billion euro to tackle the Greek humanitarian crisis. While it is not clear if Juncker sent the money or not, As KeepTalkingGreece reports, 212,897 Greeks have so far submitted requests to be part of the Humanitarian Crisis Relief Program. †The majority of the needy seek...
  • British Election: Repercussions for America

    05/14/2015 11:57:43 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | May 14, 2015 | John Browne
    The British General Election, on May 7th, was an epic in two respects. First, in spite of polls forecasting a hung parliament, David Cameron's Conservative Party was given unexpectedly large support, winning 331 seats, or 51 % for an overall majority of four, and showing once again the failure of left wing parties to make traction in Europe. Second, Nicola Sturgeon's Scottish Nationalists Party (SNP) swept the Labour Party aside in Scotland to achieve an unexpected landslide and rekindle Scottish pressure for independence and, with it, a threat to the continued cohesion of the United Kingdom. Likely there will be...