Category: EU – Euro Eurozone

Here’s what happens if Greece is forced out of the euro

http://www.businessinsider.com/grexit-if-greece-leaves-the-euro-2015-2 Rampant inflation, political unrest, debt defaults and a possible "contagion" within Europe's financial sector — that's what Greece's new government might trigger if it does not get its way in its negotiations with the rest of Europe's finance ministers right now. Greece is taking a hard line, saying it won't compromise, so it's worth asking, … Continue reading Here’s what happens if Greece is forced out of the euro →

Greek official: No agreement is possible

http://www.businessinsider.com/greece-eurogroup-meeting-troika-bailout-varoufakis-16-jan-2015-2 After a warm-up last week, Monday's eurogroup meeting is going to have a huge impact on Greece's financial future. It's looking grim so far. A Greek government official reportedly said that no agreement is possible.The country has just about three weeks of cash left. Tax revenues have plunged and the country's bailout officially terminates at … Continue reading Greek official: No agreement is possible →

New Sanctions Go Against Common Sense, Moscow Vows ‘Appropriate’ Response

http://sputniknews.com/russia/20150216/1018334960.html MOSCOW (Sputnik) — New sanctions against Russia from the European Union will be met with an appropriate response, the Russian Foreign Ministry said in a statement posted on its official website Monday. "One thing is clear: such decisions, which will get an appropriate reaction, contradict common sense and go against finding a solution to Ukraine's … Continue reading New Sanctions Go Against Common Sense, Moscow Vows ‘Appropriate’ Response →

Greece Confident Of Agreement Ahead Of Eurozone Negotiations

http://www.huffingtonpost.com/2015/02/15/greece-economy-talks_n_6687612.html?utm_hp_ref=business&ir=Business ATHENS, Feb 15 (Reuters) - Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact. A day before a euro zone finance ministers' meeting in Brussels to shore up with Greece's dwindling finances and help … Continue reading Greece Confident Of Agreement Ahead Of Eurozone Negotiations →

EU Ready to Strike Israel with Sanctions One Day After Elections

http://www.prophecynewswatch.com EU member states have been readying themselves to enforce sanctions on Israel for Jewish communities in Judea-Samaria, diplomats revealed Tuesday - and will strike hours after the March 17 elections. Israeli officials in recent weeks met with Europe's most important foreign ministries at the EU headquarters in Brussels, an Israeli official told Walla! News on … Continue reading EU Ready to Strike Israel with Sanctions One Day After Elections →

German Lawmaker Warns Against Banishing Russia Frrussi

http://sputniknews.com/europe/20150212/1018182167.html Germany has done a lot in the past few months to ostracize Russia from the European community over Ukraine, a trend that must be stopped to ensure security in the region, the vice chair of a German leftist faction in parliament told Sputnik Radio on Thursday. "Peace and security in Europe can only be maintained … Continue reading German Lawmaker Warns Against Banishing Russia Frrussi →

Germany faces impossible choice as Greek austerity revolt spreads

http://www.telegraph.co.uk/finance/economics/11407256/Germany-faces-impossible-choice-as-Greek-austerity-revolt-spreads.html The political centre across southern Europe is disintegrating. Establishment parties of centre-left and centre-right - La Casta, as they say in Spain - have successively immolated themselves enforcing EMU debt-deflation. Spain's neo-Bolivarian Podemos party refuses to fade. It has endured crippling internal rifts. It has shrugged off hostile press coverage over financial ties to Venezuela. … Continue reading Germany faces impossible choice as Greek austerity revolt spreads →

Greece Heads for Bailout Showdown with EU

http://www.newsmaxworld.com/GlobalTalk/Greece-politics-showdown-eu/2015/02/11/id/624067/ Greece's new government was headed for a showdown with sceptical European partners on Wednesday as it took its demands to renegotiate its huge bailout to crunch talks in Brussels. The emergency meeting of eurozone finance ministers promises to be bruising, with Greek demands for a cash lifeline and a relaxation of austerity facing resistance from … Continue reading Greece Heads for Bailout Showdown with EU →

US Government/Central Bankers Talk Peace In Ukraine, But Their Message Is War

UK prepares for a Greece exit. Greek government wants payment from WWII. Alan Greenspan says Greece will leave eurozone. Greek finance minister says eurozone will collapse if Greece exits. CEO of Gallup worried after explaining how the job numbers are a lie. Eventually Russia will turn to a gold back currency. Baltic Dry Index falls … Continue reading US Government/Central Bankers Talk Peace In Ukraine, But Their Message Is War →