US defends unruly Greece as Europe steps up ‘Grexit’ threats

http://www.telegraph.co.uk/finance/economics/11401832/US-defends-unruly-Greece-as-Europe-steps-up-Grexit-threats.html Europe’s creditor powers have reacted with fury as Greece presses ahead with plans to smash its EU-IMF Troika program and demand war reparations for Nazi occupation, raising the risk of a traumatic rupture with Athens by the end of the month. Wolfgang Schauble, Germany’s finance minister, said there could be no bridging agreement for the … Continue reading US defends unruly Greece as Europe steps up ‘Grexit’ threats

Angela Merkel faces moment of truth as war and default threaten Europe’s unity

http://www.smh.com.au/world/angela-merkel-faces-moment-of-truth-as-war-and-default-threaten-europes-unity-20150208-13997a.html After almost a decade as German Chancellor, Angela Merkel faces a moment of truth as a resurgent Russia and fed-up Greeks challenge her blueprint for Europe's future. As bloodshed in eastern Ukraine escalates and the new Greek government rejects austerity championed by Mrs Merkel, her deliberate leadership style might be reaching the limit of its … Continue reading Angela Merkel faces moment of truth as war and default threaten Europe’s unity

A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk

http://theeconomiccollapseblog.com/archives/day-reckoning-euro-arrived-26-trillion-currency-derivatives-risk This is the month when the future of the eurozone will be decided. This week, Greek leaders will meet with European officials to discuss what comes next for Greece. The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout. Officials from other … Continue reading A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk

Greece Is Turning Into Europe’s Worst Nightmare

Greece is quickly turning into a nightmare for Europe. Syriza, the radical left-wing political party that won the Greek parliamentary elections over the weekend, surprised the EU by challenging economic reforms and the sanctions imposed on Russia. Berlin and its European partners insist on reforms as a condition for receiving more aid that Athens desperately needs by … Continue reading Greece Is Turning Into Europe’s Worst Nightmare

EU leaders likely to decide on new Russia sanctions

http://uk.reuters.com/article/2015/01/27/uk-ukraine-crisis-eu-idUKKBN0L011N20150127 European Union leaders asked their foreign ministers on Tuesday to consider possible new sanctions on Russia in response to a rebel offensive in eastern Ukraine, but a final decision to impose them is likely to be left to a summit next month. Foreign ministers have called an extraordinary meeting for Thursday after Kiev said … Continue reading EU leaders likely to decide on new Russia sanctions

EU Starts Search for Greece Deal

http://www.bloomberg.com/news/2015-01-26/tsipras-forges-anti-austerity-coalition-in-eu-challenge.html European finance ministers started work on reviving Greece’s troubled rescue program as new Prime Minister Alexis Tsipras took office promising to end austerity. Finance chiefs from the 19-nation euro area signaled their willingness to do a deal with Tsipras -- so long as the new Greek prime minister drops his demand for a debt … Continue reading EU Starts Search for Greece Deal

Euro falls sharply on Syriza victory

http://www.bbc.com/news/business-30977714 The euro fell as low as $1.1098 - the lowest level against the dollar in more than 11 years. Syriza leader Alexis Tsipras has pledged to renegotiate Greece's debt with international creditors. He has also vowed to reverse many of the austerity measures adopted by Greece since a series of bailouts begun in 2010. "The troika for … Continue reading Euro falls sharply on Syriza victory

This Is The Beginning Of The End For The Euro

http://theeconomiccollapseblog.com/archives/beginning-end-euro  long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock. It hit an 11 year low of $1.13, and many analysts believe that it is … Continue reading This Is The Beginning Of The End For The Euro

Switzerland De-pegs From EU And Joins China With An Offshore Yuan Trading Center- Episode 571

Published on Jan 21, 2015 Get economic collapse news throughout the day visit http://x22report.com More news visit http://thepeoplesnewz.com Report date: 1.21.2015 Mortgage apps rise as sub-prime buyers are allowed to take out mortgages. Building permits slid for the 2nd month in a row.State of The Union based on lies. New reports says unemployment will continue … Continue reading Switzerland De-pegs From EU And Joins China With An Offshore Yuan Trading Center- Episode 571