Editor’s Note (Ralph Turchiano) Re-Post Request for cross reference HSBC and Panama files. Original Post date 28 October 2012 Engineering Evil : Authenticity Still Requires further verification Being on a List does not imply guilt Current Source Info: Zougla Keep Talking… Read More ›
Greece
ECB Pulls The Trigger: Blocks Funding To Greece
Wednesday, 04 February 2015 Just what the market had hoped would not happen… •ECB SAYS IT LIFTS WAIVER ON GREEK GOVERNMENT DEBT AS COLLATERAL •ECB SAYS IT CAN’T ASSUME SUCCESSFUL CONCLUSION OF GREECE REVIEW What this means simply is that… Read More ›
Greece’s stock market just suffered its worst collapse ever
Greek stocks fell more than at any point during Europe’s debt crisis today after Prime Minister Antonis Samaras gambled his political future on bringing forward a parliamentary vote on a new head of state. Greek stocks are now down 13%… Read More ›
Athens bans protests for EU meeting
Greek police have banned protests in central Athens ahead of a meeting of EU finance ministers in the capital. Demonstrators will be barred from areas including Syntagma Square, the focus of recent anti-austerity protests. EU finance ministers are expected… Read More ›
Crisis: thousand more Greeks unregister their cars
– they could no longer afford the tax amounting to several hundred euros for smaller cars, to over 1,000 euros for luxury vehicles – only 55,000 new registrations logged in the first nine months of 2013, marking the steepest decline… Read More ›
Is Europe on the verge of a popular uprising?
Europe’s ‘crisis after the crisis’ poses uncertainty in 2014 14 Dec 2013 The question was asked by one of Greece’s most respected newspapers as another year of painful austerity drew to a close. If public anger does explode on… Read More ›
WHO apologises for claiming half of Greek HIV infections are self-inflicted
WHO blames ‘gross editing error’ for report claiming half of new cases are acquired deliberately by people trying to claim benefits Associated Press theguardian.com, Tuesday 26 November 2013 09.53 EST A drug user gives a blood sample for a HIV… Read More ›
Report: Half of new HIV cases in Greece from 2009-2011 self-inflicted to get benefits
Posted By Caroline May On 1:30 PM 11/25/2013 In | A case study contained within a lengthy World Health Organization report reviewing the health inequities among European countries says Greeks may be contracting HIV intentionally in order to go on… Read More ›
Brussels Ignores Tip-Offs from Greek Official
Wasted EU Funds Anti-corruption officials in Brussels have failed to investigate reports of squandered EU funds at a training institute in Greece, a German paper reported Friday. Well-connected teachers were allegedly paid up to €610 per hour for up to… Read More ›
Greece: former Defense minister found guilty of money laundering
07 October, 13:01 (ANSAmed) – ATHENS, OCTOBER 7 – Judges at the criminal appeals court in Athens have found former Defense Minister Akis Tsochatzopoulos guilty of money laundering. His sentence is due to be announced on Tuesday, as… Read More ›
Greek crisis has biological health effects / 24% of the Greeks had no hope for the future, a view shared by just 5% of the Swedes.
Young adults in Greece suffer more from stress and mental health problems and are less optimistic about the future than Swedes of the same age. The grave financial problems in Greece have brought on a social crisis that has probably… Read More ›
Greek police arrest leader, deputies of far-right Golden Dawn party
Source: Reuters – Sat, 28 Sep 2013 08:55 AM Author: Reuters By Renee Maltezou and Harry Papachristou ATHENS, Sept 28 (Reuters) – Greek police arrested the leader, two lawmakers and party members from the far-right Golden Dawn party on Saturday,… Read More ›
Greece to offer residence permits to foreign investors
19 September, 12:00 (ANSAmed) – ATHENS, SEPTEMBER 19 – Greece’s new favorable regulations on granting residence permits to third-country citizens whose investments are characterized as “strategic” or those who buy property in Greece, the value of which exceeds 250,000 euros,… Read More ›
Greece will need 10 years to bring unemployment under 20%
According to a report by the main private sector union, GSEE 02 September, 13:01 (ANSAmed) – ATHENS, SEPTEMBER 2 – It will take at least 20 years for unemployment in Greece to drop below 10%, according to leaked extracts of… Read More ›
Desperation Mode: Yunanistan (Greece) to Sell Expired Food to citizens
Tuesday, 27 August 2013 In just a few years we’ve seen the country of Yunanistan (Greece) go from being a popular tourist destination in one of the world’s largest economic regions, to being on the brink of complete and utter… Read More ›
Anger in Athens as Merkel says Greece should never have been allowed to join the euro
Angela Merkel says Greece should never have been allowed to join the euro German leader blames predecessor, Gerhard Schroder – and sparks anger in Athens Nathalie Savaricas Wednesday, 28 August 2013 Greece’s former Finance Minister, who steered the country into… Read More ›
Angela Merkel: Greece should never have been allowed in the euro
Angela Merkel has said Greece should never have been allowed into the euro and put the blame on former chancellor Gerhard Schroeder. Angela Merkel said a strong single currency can only be achieved through reforms in struggling countries such as… Read More ›
Crisis: another 40,000 stores shuttering in Greece, report
27 August, 18:42 (ANSAmed) – ATHENS, AUGUST 27 – While Greek Prime Minister Antonis Samaras says the country is on a course to begin a recovery by the end of next year, the lingering effects of austerity measures are continuing… Read More ›
Crisis: Greece, May jobless rate climbs to record 27.6%
08 August, 15:37 (ANSAmed) – ATHENS, AUGUST 8 – Greece’s jobless rate hit a new record high of 27.6% in May, official national data showed on Thursday as the country staggers under austerity linked to its international… Read More ›
Greece arrests German man on suspicion of spying for Turkey
Police say 72-year-old admits photographing military buildings on island of Chios for people he believes are Turkish nationals Reuters in Athens theguardian.com, Sunday 4 August 2013 12.45 EDT Greek coastguard officers watch over a harbour in Chios. Last Tuesday a… Read More ›
Greece: 2,000 public high school teachers laid off / Next School guards, then city police
60.6% of Greeks in favor of drastic public sector cuts ? (ANSAmed) – ATHENS – A first wave of 2,000 technical public high school teachers, whose jobs parliament abolished last week, were laid off on Monday. The cut is… Read More ›
Greece approves scheme to fire thousands of public workers
Source: Reuters – Wed, 17 Jul 2013 10:01 PMAuthor: Reuters * Reform bill including job cuts scrapes through parliament * Protesters throng gates of parliament as voted neared * PM announces first major tax cut since crisis began By Renee… Read More ›
Greek MPs vote in favour of charging ex-minister over tax-cheat list
Source: Reuters – Tue, 16 Jul 2013 12:51 AM Author: Reuters ATHENS, July 16 (Reuters) – Greek lawmakers voted early on Tuesday in favour of pressing criminal charges against former finance minister George Papaconstantinou in a scandal over a list… Read More ›
Orphans of the EU meltdown: The shocking picture that shows how middle class parents in Greece are dumping their children in orphanages so they won’t starve
By Ian Birrell PUBLISHED: 17:27 EST, 22 June 2013 | UPDATED: 20:04 EST, 22 June 2013 Laughing children play in a pine-scented courtyard on a warm summer’s evening. Excitement rises to fever pitch as a creamy chocolate gateau is sliced…. 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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
EU in “denial” that sick economy costs lives, health experts say
Wed, 27 Mar 2013 00:01 GMT Reuters * Financial crisis takes heavy toll on health, experts say * Austerity drive blamed for shredding social safety nets * Iceland shows alternative way as health standards hold up By Ben Hirschler LONDON,… Read More ›
New EU Plan: Steal Bank Accounts from people
Monday, 18 March 2013 The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with shares and the bonds of struggling euro zone governments tumbling…. Read More ›
Does Greek coffee hold the key to a longer life?
Contact: Katie Baker katie.baker@sagepub.co.uk 020-732-48719 SAGE Publications The answer to longevity may be far simpler than we imagine; it may in fact be right under our noses in the form of a morning caffeine kick. The elderly inhabitants of Ikaria,… Read More ›
‘They took our money while we were sleeping’ WITH VIDEO
By Peter Stevenson Published on March 17, 2013 THE AIR of disappointment and rage on Ledra Street yesterday morning was almost tangible with groups of middle-aged men gathering to express their disbelief and fury about the haircut on deposits. Social… Read More ›
Greece seeks buyers for local units of Cypriot banks
ATHENS | Sat Mar 16, 2013 3:20pm EDT ATHENS (Reuters) – Athens has started exploring local lenders’ interest in taking over the Greek units of Cypriot banks, as part of the island’s international bailout agreed earlier on Saturday, Greece’s finance… Read More ›
A look at Cyprus’ decision to tax depositors : Euro and the IMF resorts to absolute theft
By SARAH DiLORENZO AP Business WriterAssociated Press Posted: 03/16/2013 09:16:15 AM PDT March 16, 2013 7:15 PM GMTUpdated: 03/16/2013 12:15:23 PM PDT PARIS—People with bank accounts in Cyprus were shocked Saturday to learn that as part of an … Read More ›
One of Europe’s most prominent statesmen has warned that resentment of Germany across the continent is so high that war remained a danger
‘The demons are only sleeping’: Luxembourg PM paints chilling portrait of Europe as he draws parallels with build up to WW1 Jean-Claude Juncker: ‘WW1 demons are not banished’ Says Bosnia wars were ‘chillingly’ similar to early 1900s Highlights current anti-Germany… Read More ›
Banks saved, but may have lost an entire generation of young people in the process, the president of the European Parliament said.
Banks saved, but Europe risks “losing a generation” By Luke BakerPosted 2013/03/11 at 3:37 pm EDT BRUSSELS, Mar. 11, 2013 (Reuters) — Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation… Read More ›
Athens Mosque will cost Greece 846,000 euros / Even though the an offer from the Turkish government to pay for it was rejected
The government goes ahead with the plans despite economic crisis 11 March, 12:33 Muslims living in Greece perform Eid al-Fitr morning prayers in Athens (ANSAmed) – ATHENS – It will cost the cash-strapped Greek government, which is cutting pay, raising… Read More ›
Greece: ‘Lagarde List’; ex premier Papandreou to be summoned
06 March, 11:35 (ANSAmed) – ATHENS, MARCH 6 – The Greek Financial Crimes Squad (SDOE) is examining details of the bank accounts of the three relatives of former Finance Minister Giorgos Papaconstantinou whose names were removed from the so-called Lagarde… Read More ›
EU economy commissioner warns over Cyprus euro exit
Cyprus’s new President Anastasiades stands next to his predecessor Christofias at the presidential palace in the capital Nicosia. AFP Sunday, Mar 03, 2013 BERLIN – European Economic Affairs Commissioner Olli Rehn has warned that debt-riven Cyprus could exit the… Read More ›
Eurozone breaks record on Jobless level
Friday, 01 March 2013 Italy’s voters gave their verdict on the austerity medicine they’ve been forced to take when they went to the polls earlier this week. By Friday, one of the reasons behind the protest was highlighted when the… Read More ›
Italy might leave the Euro “In six months, we will no longer be able to pay pensions and the wages of public employees.”
Beppe Grillo suggests Italy might leave the Euro Post-election power broker also thinks the country will have to renegotiate on debt James Legge Saturday, 2 March 2013 Italy’s comedian-cum-power broker will have raised further eyebrows in Eurocrat circles today with… Read More ›
‘Medical stocks are down by 90 percent’: Greece accuses pharma giants of slashing imports
Published time: February 28, 2013 01:36 AFP Photo / Louisa Gouliamaki The Greek government has reportedly accused 50 leading pharmaceutical companies of cutting off supplies of key medications to the country, sparking a run on pharmacies. Drug companies say… Read More ›
Crisis: Greece; over 8 in 10 are unable to repay loans
86% in trouble with mortgage and consumer credit payments 27 February, 16:14 A woman carries bags of goods as she enters the metro station at the main Omonia square in Athens, Greece (ANSAmed) – ATHENS, FEBRUARY 27 – At… Read More ›
Anti-austerity strike to bring Greece to a standstill
Tue, 19 Feb 2013 23:36 GMT Reuters By Renee Maltezou ATHENS, Feb 20 (Reuters) – Greek workers walk off the job on Wednesday in a nationwide anti-austerity strike that will disrupt transport, shut public schools and tax offices and leave… Read More ›
Greek Unemployment: 60% of young out of work
Thursday, 14 February 2013 Tensions are running high in Greece as the country’s workers suffer from unemployment rates that are double the rest of the eurozone’s. More than 60 percent of Greece’s young workers are unemployed, according to new data.The… Read More ›
Engineering Evil 