Call for ‘statesmen rather than miracles’ and lower taxes 07 June, 21:28 (by Denis Greenan) (ANSAmed) – Santa Margherita Ligure – Soaring jobless rates and the lack of prospects for young people mean politicians face a social “revolt”… Read More ›
EU Erosion
EU official wants criminal penalties for joining Syrian fighting
Source: Reuters – Wed, 5 Jun 2013 07:18 PM Author: Reuters BRUSSELS, June 5 (Reuters) – European countries should make it a criminal offence to fight in foreign rebellions or receive jihadist training overseas, the EU’s counter-terrorism chief said… Read More ›
Turkish protesters control Istanbul square after two days of clashes: While Citizens Protest Turkish media Media Airs Cooking Shows
Demonstrations pose biggest challenge yet to prime minister and expose government influence over media Constanze Letsch in Istanbul guardian.co.uk, Sunday 2 June 2013 12.30 EDT Turkish protesters gather in Taksim Square, Istanbul, on Sunday. Photograph: Bulent Kilic/AFP/Getty Images Turkish protesters controlled… Read More ›
EDA To Hold EU’s First War Game To Assess Military Capabilities
May. 31, 2013 – 11:12AM | By JULIAN HALE | BRUSSELS — The European Defence Agency (EDA) will organize the EU’s first ever war game from June 4-6 in The Hague to assess future European military capability requirements. Results will… Read More ›
Crisis: Greece; traffic 40% less on country’s highways
Due to expensive tolls and gas, ongoing road projects 29 May, 13:37 (ANSAmed) – ATHENS, MAY 29 – From the beginning of the financial crisis in Greece, traffic on the highways of the country has been reduced by… Read More ›
The Obama administration Warns Britain if it tries to exit the E.U.
EU exit would put US trade deal at risk, Britain warned Obama officials say that the UK would probably be excluded from a trade agreement worth billions a year if it leaves the EU Julian Borger, Diplomatic editor guardian.co.uk, Monday 27… Read More ›
Unrest may spread across Europe, warns Red Cross chief
Charity boss ‘worried’ by effect of austerity measures on Continent’s poor Charlotte McDonald-Gibson Friday, 24 May 2013 Rocketing unemployment and poverty in some areas of Europe could lead to rising civil unrest, unless governments take measures to address the humanitarian… Read More ›
Nobel Laureate: No one serious would enter the EU…. Iceland drops bid
Friday, 24 May 2013 Nobel Laureate Edmund Phelps warned against the dangers of European Union membership as Iceland became the latest nation to question the sense of affiliation with a bloc mired in economic crisis. Iceland’s new government said… Read More ›
IMF chief Lagarde to face questioning over payout “Prosecutors suspect Lagarde of embezzling public funds “
Christine Lagarde Photo: EPA International Monetary Fund (IMF) chief Christine Lagarde is due to appear before magistrates in France investigating her role in a large payout to a businessman and politician following a dispute, a court spokesman said. The 57-year-old… Read More ›
Let’s quit EU say 46 per cent of voters in poll / Just 30 per cent say they want to remain
Nearly half of all voters want Britain to leave the European Union, according to a new ICM poll for The Sunday Telegraph. David Cameron (31 per cent) is the party leader most trusted to negotiate with the EU on Britain’s… Read More ›
EU to ban olive oil jugs from restaurants: 1 January 2014
The European Union is to ban olive oil jugs and dipping bowls from restaurant tables in a move described by one of Britain’s top cooks as authoritarian and damaging to artisanal food makers. The European Union is to ban olive… Read More ›
Greece: youth unemployment reaches a grim record of 64.2%
Overall February unemployment at 27%, against 21.9% in 2012 09 May, 16:31 (by Patrizio Nissirio) (ANSAmed) – ROME, MAY 9 – While Greek Finance Minister Yannis Stournaras assures that ”Greece is on the right path” and that recovery and new… Read More ›
European Commission to criminalize nearly all seeds, plants not registered with Govt
Tuesday, 07 May 2013 Europe is rushing towards the good ol days circa 1939, 40… A new law proposed by the European Commission would make it illegal to “grow, reproduce or trade” any vegetable seeds that have not been… Read More ›
France ends Austerity measures
Tuesday, 07 May 2013 Finance Minister Pierre Moscovici says French austerity measures are at an end, instead opting for growth. This further complicates the strained relationship between the eurozone’s two largest economies. “We’re witnessing the end of the dogma… Read More ›
‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save Government embarrassment, court hears
Tom Peck Thursday, 2 May 2013 A so-called “sweetheart” tax deal between Her Majesty’s Revenue and Customs and the investment bank Goldman Sachs was struck to avoid “major embarrassment” to the Chancellor George Osborne, a court has heard. Dave… Read More ›
‘I give the euro medium-term only a limited chance of survival’ – Merkel’s advisor
© Photo: SXC.hu In an interview for Die Welt, the Chairman of the Council of Scientific Advisors to the German Ministry of Finance Prof. Dr. Kai A. Konrad proposed a compromise between austerity and the desire of the European countries… Read More ›
INSIGHT-Why did Cypriot banks keep buying Greek bonds? ” Within minutes, 28,000 files were erased “
Source: Reuters – Tue, 30 Apr 2013 05:30 AM Author: Reuters By Michele Kambas, Stephen Grey and Stelios Orphanides NICOSIA, April 30 (Reuters) – One day last October, a memory stick containing special software for deleting data was placed into… Read More ›
Czech President: EU Can’t Regulate Everything
Monday, 29 April 2013 Czech President Miloš Zeman has criticized the EU for what he sees as the organization’s excessive desire “to regulate everything.” “The dear EU does not decide what kind of light bulbs I use… Read More ›
Iain Duncan Smith faces backlash after telling wealthy pensioners: ‘hand back your benefits’
IDS says it is an ‘anomaly’ that all pensioners receive universal benefits, no matter how well-off they are Nigel Morris Iain Duncan Smith suffered a backlash from Cabinet colleagues today when he suggested that wealthy pensioners should voluntarily repay their… Read More ›
Crisis: Greece; radical changes for armed forces
26 April, 11:53 (ANSAmed) ATHENS, APRIL 26 – Radical changes are about to take place in Greeces Armed Forces according to a new structure which was presented on April 25 to the Standing Committee for Foreign Affairs and Defense… Read More ›
Switzerland shuts doors to EU immigrants
Friday, 26 April 2013 The anti-immigration class across Europe has found many new adherents as of late, especially in the most economically devastated countries, like Greece and Italy. But now these Europeans might themselves become the unwelcome migrants, at… Read More ›
Spain’s jobless rate soars to a record high of 27.16 per cent
In nearly two million homes, every adult is out of work – with no end of recession in sight Alasdair Fotheringham Thursday, 25 April 2013 For the first time since modern statistics began, Spain reached the landmark figure of more… Read More ›
Angela Merkel: ‘Austerity makes it sound evil, I call it balancing the budget’
Angela Merkel tried to contain her irritation when asked at a podium discussion in Berlin whether southern European countries could take much more German-ordered austerity. Angela Merkel finds herself under fire from European partners and the centre-left opposition at home… Read More ›
Germany forces EU countries to cede sovereignty
Фото: EPA German Chancellor is trying to use the economic crisis as a pretext for stripping the European countries of the last remnants of their sovereignty. The recent comments and demands made by Angela Merkel will surely anger the eurosceptics… Read More ›
Merkel to Europe: Countries will cede Sovereignty to Germany
Monday, 22 April 2013 The liquidity tsunami that started in September of 2012 in the Marriner Eccles building and continued with the BOJ’s own epic QEasing expansion three weeks ago, has so far provided the impetus for Europe to kick… Read More ›
Charities, insurers to be included in Cyprus bail-in: 27.5% of Savings will be taken violating previous arrangement
Mon, 22 Apr 2013 04:22 GMT Reuters NICOSIA, April 22 (Reuters) – Cypriot insurance companies and charity organisations will be affected by a bail-in on deposits in an attempt to minimize the broader impact on savers, the island’s central bank… Read More ›
Cyprus bail-out vote stirs fresh jitters as slump fears grow in Europe
Cyprus has stunned EU officials by ordering a vote in its parliament on the terms of the EU-IMF Troika bailout for the country, risking a rejection by angry lawmakers and a fresh eruption of the crisis. The Cypriot parliament threw… Read More ›
Wealth tax to pay for EU bailouts
Monday, 15 April 2013 Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone. Senior advisers to Chancellor Angela Merkel are pushing for better-off households to pay towards the cost… Read More ›
EMU plot curdles as creditors seize Cyprus gold reserves
By Ambrose Evans-Pritchard Economics Last updated: April 11th, 2013 Cyprus has agreed to sell gold reserves to raise around €400m. (Photo: Alamy) First they purloin the savings and bank deposits in Laiki and the Bank of Cyprus, including the… Read More ›
How the Italian Mafia turned clean energy into dirty money
Justin Smith April 9, 2013 06:34 If the 1970s mob classic “The Godfather” had been filmed today, you’d see giant wind turbines in the backdrop of scenes around Vito Corleone’s hometown. Wind turbines near the village of Patirnico, between… Read More ›
Euro parliament ‘an institution where facts are secondary’
The Hungarian prime minister has poured scorn on the European parliament describing it as place where “liberal, left wing and Green MEPs bellow at each other with bulging veins” and as an institution where facts are “secondary”. Mr Orban’s disparaging… Read More ›
Eurozone faces new challenge as Portugal blocks cuts
The eurozone crisis threatens to flare up again this week after Portugal’s constitutional court blocked the country’s planned austerity programme. Portugal’s Prime Minister Pedro Passos Coelho addresses the nation from his official residence at Sao Bento palace in Lisbon on… Read More ›
Government Psychologists tell Cypriots to accept their fate
EEV: This is one incredibly disturbing article, geared more towards social engineering and not justice. ——- We can’t fight what has happened, so we should use it By Maria-Christina DoulamiPublished on April 7, 2013 Psychologists expect cases of depression and… Read More ›
France ups the ante in EU tax evasion battle after scandal: Budget minister tried to hide 15 million Euros
07 Apr 2013 PARIS (AFP) France said Sunday it was looking to tighten Europe-wide measures against tax evasion as it scrambles to contain a fraud scandal that has rocked President Francois Hollande’s government. The move comes as Jerome Cahuzac — the former… Read More ›
France: Socialists as scandal-ridden as predecessors
Cahuzac, Lagarde and other dubious affairs overshadow Hollande 04 April, 12:25 (ANSAmed) – PARIS, APRIL 4 – After less than a year in power, the Socialist presidency of Francois Hollande, which was hailed as an antidote to the scandal-ridden right-wing… Read More ›
‘Mass deletion of data’ on former Bank of Cyprus execs’ computers
By George PsyllidesPublished on April 5, 2013 DELETION of data allegedly took place on computers belonging to senior Bank of Cyprus (BoC) executives, according to the leaked findings of a probe into the circumstances that forced the island’s biggest lenders… Read More ›
Co-op rumour spreads panic : Cyprus
Co-op rumour spreads panic By Stefanos EvripidouPublished on April 6, 2013 THE GOVERNMENT, Central Bank and Cooperative Movement rushed to calm fears of a new raid on bank deposits yesterday after rumours, texts and reports circulating spread panic… Read More ›
Cyrpus : Friday saw a run on the country’s cooperative banks – Trust in the system may not return
Cypriot presidency in calm call © Photo: Peter Nicou for the Voice of Russia The Cypriot authorities including the Central Bank and the presidency have called on the people to ignore financial panic mongers and stay calm. Friday saw a run… Read More ›
EU to train special task force and snipers in Mali
Mali. Photo: EPA The EU is starting to train special operations soldiers and snipers for the army of Mali where an operation of the elimination of extremist groups has been continuing for three months. All in all, 3,000 soldiers will… Read More ›
François Hollande rocked as minister confesses to lying over tax evasion
Former Budget Minister admits he had €600,000 in an illegal offshore bank account Paris Tuesday 02 April 2013 1 / 1 Jerome Cahuzac, former French finance minister: ‘I was caught up in a spiral of lies’ Getty Images In a… Read More ›
132 companies ( All Listed ) reportedly had inside knowledge of Cyprus’ impending levy tax as they withdrew deposits worth US$916 million
Cyprus bailout inside info? 132 companies pull out over $900mn in deposits Published time: April 02, 2013 12:20 One hundred and thirty-two companies reportedly had inside knowledge of Cyprus’ impending levy tax as they withdrew deposits worth US$916 million in… Read More ›
Cypriot president withdrew $21m days before Bank Seized Accounts : Treason
Monday, 01 April 2013 News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media… Read More ›
What Exactly Is Inside Cypriot Banks? / Almost all Money
Published on Mar 27, 2013 March 27 (Bloomberg) — On today’s “Single Best Chart,” Scarlet Fu looks at assets inside Cypriot banks. She speaks on Bloomberg Television’s “Bloomberg Surveillance.” (Source: Bloomberg) — For more “Bloomberg Surveillance” videos: http://bloom.bg/LGz8Mc — Subscribe… Read More ›
Bitcoin transactions enter the real estate market
© Flickr.com/Ricky Leong/cc-by-nc-sa 3.0 So far, the world’s first independent and decentralized digital currency, Bitcoin, has been mostly used for small transactions. There are pundits who predict that Bitcoin will never be able to make the leap from servicing small… Read More ›
Savers in Cyprus’ largest bank face losing a far worse-than-expected 60pc of their deposits over €100,000 as part of a €10bn EU bail-out deal struck this week.
Cypriot authorities confirm raid on big depositors By Nick Squires, Denise Roland, and agencies 9:13PM GMT 29 Mar 2013 Under the arrangement, depositors in Bank of Cyprus will receive shares in the lender worth 37.5pc of any savings over €100,000,… Read More ›
French president finds loophole to impose 75% tax on rich
Saturday, 30 March 2013 The 75% super-tax on the mega-rich, which was rejected by France’s constitutional court might be imposed anyway. French President Francois Hollande suggests laying the burden on businesses rather than on individuals. In the interview with France… Read More ›
Cypriot Politicians’ Loans Written Off (More Names)
By Margarita Papantoniou on March 29, 2013 With banks confiscating up to 80 percent of uninsured deposits over 100,000 euros ($130,000) and the country facing a deep economic crisis, Cyprus has forgiven loans to politicians and companies while others are… Read More ›
24th Bulletin: Exclusively the “hot” list of loan write-offs
Published on Wednesday, March 27, 2013 17: 50 Written by 24 h. com. cy The first online news bulletin of the 24th bulletin revealed the list of politicians, their relatives and trade unionists who deleted all or part of… Read More ›
‘We did not have loans written off’ : Former President and MP’s on the List
By George Psyllides Published on March 30, 2013 THE government yesterday reaffirmed its intention to fully investigate the banking sector, as a list surfaced with names of current and former state officials who allegedly had their… Read More ›
Cyprus banks wrote off millions of euros to politicians
List of names published by newspaper, sent to Parliament 29 March, 18:33 The Laiki bank (ANSAmed) – NICOSIA – A list of Cypriot companies and politicians that allegedly had millions of euros in loans written off by the three… Read More ›
Engineering Evil 