Published: 12 January, 2013, 17:20 Edited: 12 January, 2013, 18:31 Athens passed new tax increases to boost revenue by US$3 billion to keep in line with previous commitments to creditors. The new measures limit family benefits and force the middle… Read More ›
EU Erosion
Senior Angela Merkel allies warn David Cameron not to ‘blackmail’ EU
Andrew Grice Thursday, 10 January 2013 Allies of the German Chancellor Angela Merkel have warned David Cameron not to “blackmail” Europe by threatening to take Britain out of the EU. The Prime Minister is expected later this month to… Read More ›
White House told to ‘butt out’ of debate over UK’s role in EU
Eurosceptics furious at senior US official’s call for Britain to stay a ‘strong’ member of Europe LAST UPDATED AT 11:26 ON Thu 10 Jan 2013 A SENIOR representative of the Obama administration who said Britain needs to remain a “strong… Read More ›
Brussels fears ‘poverty trap’ for half of Europe as North-South gap widens
Unemployment in the eurozone jumped to a record high of 11.8pc in November as the region slid deeper into recession, with alarming rises across the Mediterranean that threaten extreme social distress. The report said the biggest single cause of the… Read More ›
Crisis: Greece; Any transaction in excess of 500 euros only be allowed via credit or debit card or by check
Crisis: Greece; cash payments ceiling to drop to 500 euros 31 December, 13:39 (ANSAmed) – ATHENS, DECEMBER 31 – In Greece any transaction in excess of 500 euros will soon only be allowed via credit or debit card… Read More ›
France’s High Court: 75% Tax is Unconstitutional
Sunday, 30 December 2012 France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the… Read More ›
Greek ex-finance minister expelled from party for nepotism
Dec 29, 2012 07:00 Moscow Time George Papaconstantinou Photo: AFP Former Greek Finance Minister George Papaconstantinou, under whose guidance the country went de facto bankrupt and was forced to seek EU and IMF loans, has been expelled from his… Read More ›
Germany saves money by Deporting the Elderly
Friday, 28 December 2012 German pensioners are being sent to care homes in Eastern Europe and Asia in what has been described as an ‘inhumane deportation’. Rising numbers of the elderly and sick are moved overseas for long-term care because… Read More ›
Italian elections may decide euro’s fate
It’s Monti vs. Berlusconi as Yuletide sparring launches campaign. Paul Ames December 28, 2012 06:15 ROME, Italy — Italians took a break from politics for most of 2012. Bitter party rivals buried their grievances to give a non-elected, technocratic government… Read More ›
European Union president Herman Van Rompuy tonight warned that David Cameron’s attempts to return powers to Britain are doomed
UK ‘walking into desert’, European Union president Herman Van Rompuy warns Nigen Morris Thursday, 27 December 2012 European Union president Herman Van Rompuy tonight warned that David Cameron’s attempts to return powers to Britain are doomed – as he… Read More ›
Hungary counters EU, bans foreigners from buying Land
Sunday, 23 December 2012 Hungary has amended its constitution to bar foreigners from buying farmland, a move the government called “historic,” but one that could cause friction with the European Union. Foreigners are already blocked from buying farmland under a… Read More ›
Crisis: Greek exodus abroad in search of work: 49% of the working population looking to emigrate
21 December, 16:41 (ANSAmed) – ATHENS, DECEMBER 21 – With September unemployment hitting a record 26% high (55.4% among those aged under 25), 49% of Greeks are looking for work abroad, according to a survey released Friday by Adecco employment… Read More ›
Merck cholesterol drug fails; risks seen/ But yet approved in the European Union in since 2008
Thu, 20 Dec 2012 17:03 GMT Reuters * Cites increase in nonfatal side effects * Says it will not seek U.S. approval of high-profile drug * Failure is latest setback for HDL-raising drugs * Merck shares fall 2.5 percent (Adds… Read More ›
Crisis: Greece; jobless rate to hover around 30% by 2014
19 December, 13:18 (ANSAmed) – ATHENS, DECEMBER 19 – Unemployment in Greece will climb to 29.3% in 2013 and 31% in 2014, the German institute of macroeconomic forecasts IfW Kiel predicted on Tuesday. The German institute’s economists, as daily… Read More ›
The White House has warned Britain that its position on the world stage could be significantly weakened by leaving the European Union.
Britain will be weaker without EU, says USA With David Cameron now saying a Britain out of Europe was now ‘imaginable’, US agitation has reached a new high Photo: Thierry Roge/EPA By Alex Spillius, Diplomatic Correspondent 9:00PM GMT 18 Dec… Read More ›
Crisis: Greece; State company wages to be cut by 25%
18 December, 14:36 (ANSAmed) – ATHENS, DECEMBER 18 – As of January 1, none of some 120,000 civil servants working at public enterprises, known as DEKOs, will earn more than 2,200 euros per month due to a new pay structure… Read More ›
Greek Courts Postpone Backlog of 1 million Cases
Monday, 17 December 2012 Nothing seems to work in Grecia!Go-slow action by Greek judges and prosecutors since September has resulted in more than one million cases being postponed, adding to a massive backlog that has built up in the country’s… Read More ›
Tax This! Depardieu gives up French Citizenship
Monday, 17 December 2012 The actor Gérard Depardieu will be French no more, so exasperated is he with French taxes and the French government, he declared in an angry open letter to France’s prime minister on Sunday, The New York… Read More ›
Spaniards ditch mobile phones in record numbers
Reuters | 17-12-12 MADRID – Recession-hit Spaniards ditched mobile phone lines in record numbers in October, with the two biggest operators continuing to haemorrhage market share to smaller rivals offering subsidies on handsets. Spain, where there are more mobile phones… Read More ›
Clinton won’t testify on Benghazi due to illness
Posted By Josh Rogin Saturday, December 15, 2012 – 7:55 PM Secretary of State Hillary Clinton won’t testify to Congress next week on Benghazi, after fainting and suffering a concussion Saturday and due to her ongoing stomach ailment. “While… Read More ›
David Cameron has been told he cannot “repatriate” powers from Brussels to Britain because membership of the European Union is “for life”.
Europe is ‘for life’, Francois Hollande tells David Cameron in EU power spat David Cameron has been rebuked by France over his plans to repatriate powers from the EU By Tim Ross, and Bruno Waterfield in Brussels 2:27PM GMT 14… Read More ›
Monti resignation announcement causes fears of renewed euro turbulence
News sees Italy’s borrowing costs rise and share prices fall, and EU leaders worry about possible spillover into Spain The Guardian, Monday 10 December 2012 16.14 EST Mario Monti, Mariano Rajoy and Antonis Samaras, the prime ministers of Italy,… Read More ›
Closed EU doors to prompt new Union – Union of Slavic Nations?
Sunday, 09 December 2012 According to Igor Muradjan, analyst for Armenian daily Erkramas, as of this spring (2012) there are attempts to find common language between Serbia and Bulgaria’s common interests. There have been talks for a Union between Serbia,… Read More ›
Mother Of Former Greek PM Papandreou Linked To $714 Million Swiss Bank Account
Adam Taylor Dec. 3, 2012, 4:22 PM pasokphotos via Flickr The so-called “Lagarde List” is causing trouble in Greece again, with new reports linking it to the very top levels of political society. On Sunday two Greek weekly magazines, To … Read More ›
Eurozone unemployment hits record high of 11.7pc
Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc. By Matthew Sparkes 2:09PM GMT 30 Nov 2012 Almost 26m people across Europe are now… Read More ›
Europe disintegrating into regions
Vlad Grinkevich Nov 30, 2012 18:12 Moscow Time © Collage “The Voice of Russia” The worsening economic situation in Europe may lead to the appearance of new states. The increasing integration of the Eurozone countries has triggered centrifugal trends inside… Read More ›
Majority of British public wants to leave Europe
Conservatives and Ukip ‘at war’ as ComRes survey for The Independent finds 54 per cent want Britain to leave the EU provided it could keep its close trade relationship with the bloc Andrew Grice, Nigel Morris Monday, 26… Read More ›
Goldman Sachs won’t do business with Southern Europe ” only a “small” probability that the euro area will stick together “
Monday, 26 November 2012 Goldman Sachs Group Inc., the No. 1 stock underwriter in Europe, turned down roles in offerings by banks in Spain and Italy this year, the only top U.S. securities firm not to take part in the… Read More ›
Catalans have set their region on the road to independence, voting in pro-separatist parties that will push for a referendum on breaking away from Spain.
Catalonia poll: Spain’s unity put to the test as voters take step towards independence <!– remove the whitespace added by escenic before end oftag –> By Fiona Govan, Barcelona 8:53PM GMT 25 Nov 2012 The incumbent regional president Artur Mas… Read More ›
Catalonia to vote, CIU wants ‘the power we deserve’
Early elections to move towards independence referendum 23 November, 20:23 Catalonia’s regional president Artur Mas during an election rally (ANSAmed) – BARCELONA – ”Catalonia is the Germany of Spain, but without holding any power. And now we want it,”… Read More ›
Data on 9 million Greeks stolen
Nov 21, 2012 07:08 Moscow Time Photo: EPA Greek police have arrested a 35-year-old programmer suspected of stealing the personal data of nine million people or two-thirds of the population of the country. According to investigators he tried to sell… Read More ›
Europhiles get the jitters as anti-EU talk gains momentum
Ken Clarke and Ed Miliband speak up for Europe as all signs point to the Tories taking a populist right turn ColumnLAST UPDATED AT 11:22 ON Mon 19 Nov 2012 THE biggest Europhile in the coalition government,… Read More ›
Greece, electric company cuts power for unpaid bills: “doubled property tax bills that have been put into their utility charges”
Crisis: Greece, electric company cuts power for unpaid bills (ANSAmed) – ATHENS, NOVEMBER 19 – With winter rapidly approaching, Greece’s Public Power Corporation is cutting off the power to 30,000 customers a month who can’t pay rising bills as their… Read More ›
Not a single penny more for the EU’s begging bowl
The demand for a budget increase amid such an abuse of public funds is outrageous, says Boris Johnson Herman Van Rompuy wants a rise in spending by Brussels of 5 to 6.8 per cent Photo: REUTERS <!– remove the whitespace… Read More ›
Prisoners to get the vote regardless, Government human rights adviser says: European Court overrules British Sovereignty
Prisoners will get the vote regardless of David Cameron’s concerns, according to a Government human rights adviser. Lord Lester, a leading member of the Joint Committee on Human Rights as well as the Bill of Rights Commission, told The Daily… Read More ›
56% of Britons would vote to quit EU in referendum, poll finds: ” voters over 55 were the most critical of the EU, with 59% saying it was a bad thing and 20% a good thing”
Results of survey will make sobering reading for leaders of three major parties, as PM prepares for crucial meeting on EU budget Daniel Boffey and Toby Helm The Observer, Saturday 17 November 2012 14.56 EST NIgel Farage’s anti-Brussels Ukip is… Read More ›
Insight: Facing austerity, Europe’s bureaucrats chafe : As EU institutions have cellars stocked with nearly 47,000 bottles of red, white and sparkling wine
By Sebastian Moffett and Claire DavenportPosted 2012/11/18 at 5:21 am EST BRUSSELS, Nov. 18, 2012 (Reuters) — Workers protesting austerity on the streets of southern Europe weren’t to know it, but earlier this month there was also a strike at… Read More ›
Ambassador Nikovski wants EU Chief in Macedonia (Aivo Orav) Expelled
Saturday, 17 November 2012 “He needs to be ignored, by all, at all levels. No institution should have any contacts, if Aivo Orav does not publicly apologize. If he refuses to apologize and remains isolated as he most certainly will… Read More ›
Thousands of police march in Spain austerity protest
17Nov2012 MADRID (AFP)About 5,000 police officers marched through the centre of Madrid on Saturday to protest salary cuts and the thinning of their ranks as Spain grapples with its sovereign debt crisis.The officers, who had travelled from across Spain. rallied… Read More ›
China weighs into Europe’s austerity battle: depth of public anger in the eurozone could lead to a ‘complete discarding’ of austerity programmes
Top official at China’s £300bn sovereign wealth fund said that the depth of public anger in the eurozone could lead to a ‘complete discarding’ of austerity programmes Tania Branigan in Beijing and Graeme Wearden guardian.co.uk, Friday 16 November 2012… Read More ›
Pressure on Cameron to block EU army HQ plans: “creation of a new European Union military command”
David Cameron faces a looming political battle to defend Britain’s veto over defence policy after France, Germany, Spain, Italy and Poland urged the creation of a new European Union military command “structure”. Prime Minister David Cameron gives a press conference… Read More ›
Misery for thousands of British air passengers as anti-austerity strikes hit Europe and angry clashes break out in Oxford Street
Around 800 flights to and from Portugal and Spain cancelled Walkouts and protests planned across Spain, Greece, Portugal and Italy London protests planned to coincide with European walkouts Unions fighting cuts demand an end to ‘unbearable’ austerity measures British air… Read More ›
Spain’s politicians pledge to stop evictions after suicide
Posted 2012/11/10 at 1:51 pm EST MADRID, Nov. 10, 2012 (Reuters) — Spain’s conservative prime minister and the leader of the opposition aim to agree measures on Monday to stop banks evicting homeowners after a woman’s suicide before her property… Read More ›
RT: Greece can easily slide into Civil War
Thursday, 08 November 2012 Greece risks sliding into a civil war, unless officials in Athens follow Iceland’s example and default on the country’s loans, journalist Charlie McGrath told RT. Charlie McGrath from Wide Awake News says Greece needs to admit… Read More ›
‘Mafiosi’ stand to gain most from EU bail-out of Cyprus
Russian oligarchs and “mafiosi” who have parked their illegal earnings inside the country stand to benefit most from an EU bail-out of Cyprus, according to a report by Germany’s intelligence agency. Cyprus is in talks with international lenders on the… Read More ›
Ahead of key votes, Greek PM warns of euro exit
04Nov2012 ATHENS (AFP) Greek Prime Minister Antonis Samaras warned again Sunday that the debt-crippled country could be forced out of the euro if parliament fails to approve a new round of austerity measures needed for a lifeline from creditors. “We… Read More ›
China wants to buy its way onto your TV screen. Will it work?
Coming to America BY ALEX PASTERNACK |NOVEMBER 1, 2012 Last November, Michelle Makori, a business reporter formerly of Bloomberg News, joined a small group of seasoned Western television journalists for a whirlwind tour of China. The trip, arranged by China… Read More ›
The Saudis are bulldozing Islam’s heritage. Why the silence from the Muslim world?
By Damian ThompsonWorldLast updated: November 2nd, 2012 Modern Mecca, courtesy of the House of Saud (Photo: AFP/Getty) From Saturday’s Daily Telegraph Imagine that the Church of the Holy Sepulchre in Jerusalem – the traditional site of the crucifixion… Read More ›
Journalist’s arrest spreads fear in debt-stricken Greece
Critics say prosecution over a list of Swiss bank account holders reflects deeper erosion of individual freedoms. Barry NeildOctober 31, 2012 08:23 Some believe Kostas Vaxevanis’s arrest will hurt Greece’s reputation in the eyes of its international creditors. (Costas Metaxakis/AFP/Getty… Read More ›
Secret Report Criticizes NATO’s Command in Libya
Related Post: Air Force makes redaction blunder in Libya report Oct. 28, 2012 – 12:40PM | By GERARD O’DWYER | HELSINKI — The accidental release of a Danish Defense Forces’ (DDF) report critical of NATO’s command structures and inability… Read More ›
Engineering Evil 