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Keyword: eu

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  • Mikhail Gorbachev on the European Union:

    10/07/2015 9:14:33 AM PDT · by Reaganite Republican · 4 replies
    Reaganite Republican ^ | 07 October 2015 | Reaganite Republican
  • Data Transfer Pact between EU and USA ruled invalid - Privacy protection related headache for US biz

    10/06/2015 7:53:06 AM PDT · by MarchonDC09122009 · 15 replies
    The NY Times ^ | 10/06/2015 | Mark Scott
    <p>Europe’s highest court on Tuesday struck down an international agreement that had made it easy for companies to move people’s digital data between the European Union and the United States.</p> <p>The ruling, by the European Court of Justice, could make it more difficult for global technology giants — including the likes of Amazon and Apple, Google and Facebook — to collect and mine online information from their millions of users in the 28-member European Union.</p>
  • Hungary builds border wall to keep out Muslim migrants, faces potential expulsion from EU

    10/05/2015 7:18:12 AM PDT · by SeekAndFind · 15 replies
    American Thinker ^ | 10/05/2015 | Thomas Lifson
    Push is rapidly coming to shove in the European Union, as the flood of Muslim “migrants” is encountering resistance from populations well aware of what happens when Muslim immigrants take over entire districts and convert them into sharia-compliant no-go zones.  While politically correct governments in countries like Germany and Sweden (see below) ignore the negative consequences on their citizenries, in the former Soviet bloc members of the EU, PC has no potency, for these people have lived under political correctness severely enforced. Hungary’s Prime Minister Viktor Orban is riding a wave of public support in the wake of erecting...
  • 'This is a major world event': The Syrian war is now fueling a 'global cold war'

    10/02/2015 7:17:25 AM PDT · by SeekAndFind · 26 replies
    Business Insider ^ | 10/02/2015 | Pamela Engel
    One day after launching a campaign of airstrikes in Syria, Russia announced that it is considering going into Iraq. A foreign ministry representative said Thursday that Russia would consider any request from Iraq to conduct anti-ISIS airstrikes in the country, and Iraqi President Haider al-Abadi told Western news outlets that Russian airstrikes were "a possibility" and that Iraq would "welcome it." "Our message to the Russians — I met with Putin — please join this fight against Daesh," Abadi told PBS NewsHour. Daesh is another name for ISIS. "Daesh is a dangerous terrorist organization, not only against Iraq, against Syria,...
  • Officials: Pentagon weighs protections for US-trained rebels

    10/02/2015 7:59:14 AM PDT · by Mariner · 36 replies
    AP ^ | October 2nd, 2015 | LOLITA C. BALDORROBERT BURNS
    WASHINGTON (AP) -- Russia's launch of airstrikes in Syria is prompting discussions within the Pentagon about whether the U.S. should use military force to protect U.S.-trained and equipped Syrian rebels if they come under fire by the Russians." U.S. officials said Thursday that senior military leaders and defense officials are working through the thorny legal and foreign policy issues and are weighing the risks of using force in response to a Russian attack. Defense Secretary Ash Carter declined to discuss the problem when asked about it this week. But U.S. officials acknowledged that this is one of the questions being...
  • U.S. support for Syria rebels illegal, Putin says ahead of Obama meeting

    09/27/2015 8:55:24 AM PDT · by tcrlaf · 36 replies
    MSN ^ | 9-27-2015 | Jack Stubbs and Denis Dyomkin
    Russian President Vladimir Putin on Sunday branded U.S. support for rebel forces in Syria as illegal and ineffective, saying U.S.-trained rebels were leaving to join Islamic State with weapons supplied by Washington. In an interview with U.S. networks recorded ahead of a meeting with U.S. President Barack Obama, Putin said Syrian President Bashar al-Assad deserved international support as he was fighting terrorist organizations. Obama and Putin are scheduled to talk on Monday after Putin addresses the United Nations, although White House and Kremlin officials have disagreed on what the two leaders will discuss and even who initiated the meeting. "In...
  • German nurse faces eviction to make way for asylum seekers (shortened)

    09/26/2015 2:47:45 PM PDT · by Ray76 · 13 replies
    Daily Mail (UK) ^ | Sep 26, 2015 | Sara Malm
    A German woman is set to be evicted from the home where she raised her children on order for the local council to turn her block of flats into a refugee shelter. Bettina Halbey received a letter earlier this month, telling her that she has to move out of her home-of-16-years in Nieheim, west Germany. Full title: German nurse faces eviction from council block where she brought up her children to make way for asylum seekers
  • France Tells Hungary: Back Migrant Quotas Or Quit EU

    09/26/2015 2:44:07 PM PDT · by Ray76 · 45 replies
    Breitbart ^ | Sep 25, 2015 | Nick Hallett
    As Hungarians continue to resist EU-imposed quotas on how many migrants they should accept, French President François Hollande told Hungarian Prime Minister Viktor Orban: “States that don’t respect European values should ask if they belong within the EU,” according to The Times.
  • Russia and Estonia 'exchange spies' after Kohver row

    09/26/2015 8:53:55 AM PDT · by WhiskeyX · 1 replies
    BBC ^ | 35 minutes ago 2015-09-26 | BBC
    Russia and Estonia have exchanged two convicted spies over a bridge separating the countries. Estonian security official Eston Kohver was sentenced to 15 years in a Russian jail last month. He was swapped for Aleksei Dressen, who was imprisoned in Estonia in 2012 on charges of spying for Moscow.
  • Bishop Petru (Mustiata): “We Are Being Destroyed by Means of Their Non-Discrimination”

    09/25/2015 1:00:43 PM PDT · by NRx · 2 replies
    Pravoslavie ^ | 09-24-2015 | Bishop Petru (Mustiata)
    Moldova. Orthodox Christians are protesting against the law prohibiting all forms of discrimination    The passage of Moldova’s anti-discrimination law was one of the requirements laid down by the European Union for the visa liberalization with the EU (visa-free travel of Moldovan citizens within the EU). From the outset, the discussion of this law in the Moldovan Parliament was marked by members of the public expressing mass, stormy protest, as they associated it with the legalization of same-sex “marriage” and the adoption of children by homosexuals. Nevertheless, on May 25, 2012, the law was passed and on December 26...
  • 80 percent of migrants NOT from Syria: EU figures expose the 'lie' that most are fleeing war zone

    09/21/2015 12:54:08 AM PDT · by Brad from Tennessee · 12 replies
    Daily Mail ^ | September 19, 2015 | By Ian Drury
    Only one in every five migrants claiming asylum in Europe is from Syria. The EU logged 213,000 arrivals in April, May and June but only 44,000 of them were fleeing the Syrian civil war. Campaigners and left-wing MPs have suggested the vast majority of migrants are from the war-torn state, accusing the Government of doing too little to help them. 'This exposes the lie peddled in some quarters that vast numbers of those reaching Europe are from Syria,' said David Davies, Tory MP for Monmouth. 'Most people who are escaping the war will go to camps in Lebanon or Jordan....
  • Merkel ‘expects Cameron to back EU army’ in exchange for renegotiation

    09/21/2015 1:21:57 AM PDT · by Olog-hai · 26 replies
    Daily Telegraph (UK) ^ | 9:19PM BST 12 Sep 2015 | Peter Foster and Matthew Holehouse
    Angela Merkel will expect David Cameron to drop his opposition to an EU army in exchange for supporting Britain’s renegotiation, the Telegraph has been told. The German chancellor will ask Britain to stand aside as she promotes an ambitious blueprint to integrate continental Europe’s armed forces. It comes as Jean-Claude Juncker, president of the European Commission, said Britain will get a deal if it gives the green light to a raft of powerful new EU institutions. A Berlin source said agreeing not to “block” Merkel’s defense plans is a “favor” that she would seek from Mr Cameron as he looks...
  • "Arm yourselves' Says rabbi: Europe not protecting its Jews

    09/15/2015 5:14:43 PM PDT · by MarvinStinson · 20 replies
    wnd ^ | 02/15/2015
    "Arm yourselves' says rabbi: Europe not protecting its Jews Asks governments for police protection or more attacks 'going to happen' ………………………………………………………………………………………………… Rabbi Menachem Margolin is the director general of the Rabbinical Centre of Europe and the European Jewish Association, the largest federation of Jewish organizations and communities in Europe. Last month Margolin called for European Jews to arm themselves. Asking for law enforcement protection for European Jewish institutions, Margolin said institutes not protected should work to secure themselves with armed guards. “This is a very dangerous situation,” he said. “It is clear that it is the obligation of each European...
  • Immigration crisis – from the Paris terror attack to EC President Juncker’s SOTU Address

    09/11/2015 3:38:48 AM PDT · by Erik Latranyi · 1 replies
    Daily News - Hungary ^ | 11 September 2015 | Gábor Hajnal
    The Hungarian governing party, Fidesz, has been convinced that one of the roots of terrorism can be found in immigration. “The European Union is incapable of protecting its member states, and for this reason these states, including Hungary, must protect themselves,” Antal Rogán said commenting on the Paris terror attack, where 16 people were killed, earlier in January. Indeed, the Hungarian government’s anti-immigration rhetoric seems to have started – or at least intensified – after the terrible massacre in France. Since then, the Hungarian premier as well as other government officials have been advocating that immigration policy must be transformed...
  • Ireland economy surges with GDP growth forecast at 6%

    09/11/2015 2:39:11 AM PDT · by Berlin_Freeper · 3 replies ^ | 10 September 2015 | Phillip Inman
    Ireland is on track to maintain its stellar growth record after the low euro helped boost exports in the second quarter of the year. The government predicted GDP would expand by 6% this year, matching last year’s post-crash record and maintaining Ireland as the fastest-growing economy in the eurozone.
  • I've just joined FR, hello

    09/10/2015 6:25:56 PM PDT · by Lucy Hamilton · 191 replies
    Hello, my name's Lucy, I've been lurking for a while. I've noticed that you're aware of the sinister happening invading my entire Continent of Europe. Sadly most of my people have been hoodwinked by the MSM, which is in full-on propaganda mode. A few like myself can see this for exactly what is is, a massive Trojan Horse....we are been invaded by ISIS and all the other assorted crap, Boko Horom et al, savages who are being invited in by Mad Merkel, Islamic savages who's aim is to kill the millions of European Christians like myself, and none of us...
  • Third of migrants in Italy refuse ID

    09/10/2015 6:51:09 PM PDT · by markomalley · 16 replies
    ANSA ^ | 9/10/15
    About a third of the migrants that have reached Italy so far this year have refused to be identified, according to Italian police. Syrians and Eritreans are among those most likely to refuse to be identified upon arrival, forensic police chief Daniela Stradiotto told a parliamentary commission. Out of the 122,000 people that have arrived on Italian shores this year, 41,000 people have refused identification. EU regulation requires immigrants' asylum applications to be handled by the country they first reach. But many of the migrants do not wish to stay in Italy, rather they are hoping to reach countries such...
  • EU and Oxfam Launch Tax Payer Funded Campaign to Urge West into Taking 60 MILLION Migrants

    09/08/2015 12:31:58 PM PDT · by Black Agnes · 52 replies
    Breitbart ^ | 7 Sep 2015 | Donna Rachel Edmunds
    One of the world’s largest, allegedly corrupt charities has joined forces with one of the world’s largest, allegedly corrupt governments to guilt trip the Western world into welcoming 60 million migrants to their shores. On Sunday, the European Commission and Oxfam launched their YouSaveLives campaign to give “a face and a name to this vast army of invisible people.”
  • On Europe’s Migration Crisis, the Global-Governance Crowd Dictates Wildly Unrealistic Policies

    09/09/2015 11:55:05 AM PDT · by OddLane · 2 replies
    National Review | September 8, 2015 | John O'Sullivan
    Europe is rightly regarded as one of the more prosperous, free, and safe regions in a world that is still largely unfree, contaminated by war, and scarred by serious poverty in areas. It seems to follow from this that Europe is well governed by global standards. So it is mysterious that the continent should be experiencing social turmoil and economic hardship on a massive scale as a result of two of its most carefully thought-out decisions. These are Europe’s common migration policy and the creation of the European single currency, the euro.
  • UN chief invites Arab countries to Mideast Quartet meeting [Zechariah 1-2, 6]

    09/09/2015 10:55:48 AM PDT · by Jan_Sobieski · 7 replies
    Times of Israel ^ | 9/4/2015 | Staff
    UNITED NATIONS — UN Secretary-General Ban Ki-moon has invited Egypt, Jordan and Saudi Arabia to a meeting this month of the Middle East Quartet seeking a diplomatic solution to the Israeli-Palestinian conflict. The foreign ministers of the three Arab countries will join their counterparts from Russia, the United States and EU foreign policy chief Federica Mogherini for the talks on September 30, the UN spokesman said Friday. The secretary general of the Arab League will also attend the meeting on the sidelines of the UN General Assembly gathering of world leaders. The invitation follows a decision by the Quartet in...
  • European farmers block Brussels streets in huge tractor protest

    09/07/2015 9:09:56 AM PDT · by dynachrome · 2 replies
    Yahoo ^ | 9-7-15 | Lachlan Carmichael
    Belgian police on Monday fired water cannon at European farmers who lobbed hay and fireworks as they demanded EU intervention against plunging food prices partly blamed on a Russian embargo. The European Commission said it would release 500 million euros ($557 million) in emergency funds to help ease the pressure on farmers, as agriculture ministers held crisis talks on the situation. The protest involved what organisers said was up to 6,000 farmers, who blocked streets in Brussels with hundreds of tractors, who targeted the heavily-guarded European Union headquarters where the talks took place. Police briefly fired water cannon at protesters...
  • Feldman: Western Civilization: The Final Frontier?

    09/06/2015 11:43:55 AM PDT · by jazusamo · 6 replies
    American Thinker ^ | September 6, 2015 | Clarice Feldman
    Remember the emotional gambits used to sell ObamaCare? I do. I still laugh at the nonsensical stupidity of some of them -- like appealing to our heartstrings with examples like the woman who claimed she’d been forced to wear her dead sister’s dentures. Or Sandra Fluke’s soulful appeal for her coed friends who didn’t have a spare $9 a month for birth control pills. Fall for tales like this in haste. Repent at leisure. The president has just rewritten ObamaCare regulations to now require insurers cover (very expensive) transgender operations. These coverage provisions -- instead of the major medical coverage...
  • EU Soon to Decide on Labeling 'Settlement' Produce

    09/05/2015 4:21:32 PM PDT · by Eleutheria5 · 6 replies
    Arutz Sheva ^ | 5/9/15
    The European Union will soon render its decision on whether to label goods produced by Jews in Judea and Samaria. Speaking at the conclusion of a summit of European foreign ministers in Luxembourg, EU foreign policy chief Frederica Mogherini said a special committee would soon submit its conclusions on the issue. "The work of the committee dealing with the issue is coming to a close - these are the last steps before we submit the conclusions," she said. Luxembroug's Foreign Minister Jean Asselborn said that in his opinion labeling Jewish-made goods produced across the Green Line was an important policy....
  • Surpise: EU carbon credit scheme was used to generate cash with no carbon reductions

    08/25/2015 2:17:07 PM PDT · by SeekAndFind · 6 replies
    h ^ | 08/25/2015 | Jazz Shaw
    The European carbon credit program, developed in conjunction with the United Nations, is working out just fabulously. Well… it’s at least working out fabulously for a few people. Similar to programs being developed here in the United States by climate warriors, it offers “flexibility” to various countries so it can be tailored to their individual needs. For example, if you are able to make big cuts in your carbon emissions, you get a lot of these “credits” applied to you. If there are other countries who are a bit fatter with cash but can’t manage the changes required to...
  • Wave of...migrants board trains toward EU as Hungary builds razor wire fence to keep them out

    08/24/2015 5:17:12 PM PDT · by BenLurkin · 13 replies ^ | Dusan Stojanovic, The Associated Press
    On Sunday, the migrants — many with children and babies — orderly boarded trains and buses that took them to the border with Serbia before heading farther north toward EU-member Hungary, which is building a razor wire fence on its frontier to prevent them from entering. If they manage to enter Hungary, the migrants could travel freely across the borders of most of the 28 EU-member states. The more than 5,000 migrants who reached Serbia overnight faced an overcrowded refugee centre where they have to apply for asylum — the paper that allows them three days to reach Hungary. State...
  • SURPRISE: Here comes another Greek election ... [Greece's Prime Minister to Resign]

    08/20/2015 9:16:49 AM PDT · by SeekAndFind · 9 replies
    Business Insider ^ | 08/20/2015 | Myles Udland
    Greek Prime Minister Alexis Tsipras is reportedly resigning, and Greece will hold snap elections on September 20. According to Reuters, which cites a Greek government official, Tsipras will hand in his resignation on Thursday. Reuters added that Greece was likely to hold snap elections on September 20, less than a year after Tsipras and Greece's left-wing Syriza party were voted into power in late January. Tsipras is set to make an address later on Thursday. The Greek newspaper Kathimerini had earlier reported that elections would most likely be announced on Thursday. This latest round of elections come as Syriza has...
  • EU told Greece on track for possible bailout deal next week

    08/08/2015 6:55:41 PM PDT · by Lorianne · 3 replies
    Reuters ^ | 05 August 2015 | Yiannis Kourtoglou
    Greece is on track to complete a draft deal with international creditors on a third bailout by next Tuesday with a possible first disbursement by Aug. 20, a source familiar with a conference call of senior EU finance officials on Friday said. Talks are proceeding smoothly and may be completed over the weekend, the source said. If a draft memorandum of understanding and an updated debt sustainability analysis are ready as planned on Tuesday, the Greek government and parliament would be expected to approve them by Thursday. Euro zone finance ministers could then meet or hold a teleconference on Friday...
  • Who Will Stop The Sanctuary Madness?

    08/06/2015 9:36:31 AM PDT · by Kaslin · 11 replies ^ | August 6, 2015 | Ken Blackwell
    Republican candidates for president have fittingly come to Ohio to debate, among other things, immigration policy. In late July, the United States House and Senate heard testimonies from families of Americans murdered by illegal aliens who had been shielded from deportation by sanctuary policies. The consequences of these policies hit home in Ohio just a few days later when Margaret Kostelnik was shot and killed in her home by an illegal alien who later confessed to her murder in addition to the attempted rape of a 14-year old girl, the shooting of another woman (who thankfully survived) in front of...
  • The Eurozone's Death By A Thousand Bailouts

    08/05/2015 2:48:12 PM PDT · by Lorianne · 2 replies
    Newsweek ^ | 03 August 2014 | Adam Lebor
    “All diplomacy is the continuation of war by other means,” former Chinese Premier Zhou Enlai once quipped. These days, the same might be said for eurozone summits. The European Union was founded to ease the continent’s toxic wartime legacy, to allow Germany to help lead the continent, not dominate it. But in the aftermath of Greece’s most recent bailout this summer, the harsh austerity terms imposed on Greece have created an unprecedented level of animosity between the two countries. Now, as the rancor ripples across borders, many are questioning the EU’s political and economic future. Under the terms of the...
  • A Truck Stop in Europe – Why the Euro and European Union Will Fail

    07/31/2015 5:45:30 PM PDT · by NRx · 69 replies
    Crawling Road ^ | 07-28-2015 | Craig Rowland
    Everything I needed to know about why the European Union would fail I learned at a truck stop. It was in 2001 when a bus tour I was on stopped at a truck stop on the German Autobahn. For the American readers, you must understand that European truck stops are much different from what you get in the states. In Europe, the facilities are clean and the food is actually decent. They don’t have the same hot dogs sitting in the cooker for five days. And no, you can’t buy six gallon soda cups. As it were, in this truck...
  • 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 – 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 ‘meddling’ 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 It’s the third bailout of Greece in five years. Heck, even Chrysler must be appalled at a performance like that. And while we’re still waiting for the details, early reports indicate that Greece’s socialist government had to accept much more stringent terms than the ones they told Greek voters to reject just last week. It’s easy just telling everyone yes to whatever they want until you run out of stuff to give them. That’s...
  • 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 — Greece and its European creditors announced an agreement here on Monday that aims to resolve the country’s 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 Greece’s 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 best—worst, 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. Here’s 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 ‘flipping his middle finger’ 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 doesn’t really matter. He may have an...
  • Germany’s Power Polarizes Europe

    07/06/2015 9:59:48 PM PDT · by BenLurkin · 24 replies ^ | Anton Troianovski
    [W]ith the “no” vote in Sunday’s Greek referendum on bailout terms posing the biggest challenge yet to decades of European integration, risks to the European project resulting from Germany’s rise as the Continent’s most powerful country are becoming clear. On Friday, Spanish antiausterity leader Pablo Iglesias urged his countrymen: “We don’t want to be a German colony.” On Sunday, after Greece’s result became clear, Italian populist Beppe Grillo said, “Now Merkel and bankers will have food for thought.” On Monday, Ms. Merkel flew to Paris for crisis talks amid signs the French government was resisting Berlin’s 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 voters’ decisive rejection of international creditors’ bailout terms adds to the pressure on foreign exporters already worried about getting paid for imports into Greece during the country’s 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 won’t get paid. European pharmaceutical companies, for instance, are owed more than €1 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 “no” to European Union demands – 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 “no” to austerity. It’s a “no” 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 don’t 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: Socialism’s Greek Staring Contest

    07/06/2015 4:06:57 AM PDT · by Louis Foxwell · 9 replies
    FrontPage ^ | Daniel Greenfield
    Socialism’s 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...