Mar 13, 2013 18:20 Moscow Time Photo: EPA Beppe Grillo, the leader of the “Five Star Movement” which won 25% of the votes cast in the last parliamentary elections was interviewed by the German financial newspaper Handelsblatt. The former comic… Read More ›
Mario Monti
Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime
Italy’s Bersani on collision course with Germany and ECB over austerity Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime as he laid out plans for a centre-Left government, risking a serious clash with Germany and… Read More ›
Anger builds in Italy as old guard plots fresh technocrat take-over : Will risk Revolution
Italy’s president Giorgio Napolitano is exploring the creation of a second technocrat government to break the political log-jam and calm markets after key parties failed to reach an accord, risking a serious popular backlash. Comedian Beppe Grillo repeated his vow… 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 ›
Italy halts austerity plan leaving EU in turmoil
Fears that deadlock will lengthen Italy’s two-year recession and spill over into rest of the eurozone hit markets across Europe Ian Traynor in Brussels, John Hooper in Rome and Phillip Inman The Guardian, Tuesday 26 February 2013 15.38 EST Italy’s decision… 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 ›
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 ›
Spain and Italy criticise Berlin plan for EU to police budgets
Europe divided over German proposals for a ‘super commissioner’ who could punish nations with large deficit Giles Tremlett in Madrd The Guardian, Monday 29 October 2012 16.53 EDT Spain’s prime minister Mariano Rajoy said about plans for an EU ‘super commissioner:… Read More ›
Germany shocks EU with fiscal overlord demand, to Counter the competition Tsar the arch-enforcer of the EU machine. After taking on contingent liabilities of €2 trillion
Germany has stated its exorbitant price for keeping Greece in the euro and agreeing to mass bond purchases by the European Central Bank. Finance minister Wolfgang Schaeuble dropped his bombshell in talks with German journalists on a flight from Asia…. Read More ›
Italian unions strike against Monti, close Colosseum 1 of 7. A protester covers himself with a CGIL union flag during a rally in downtown Rome September 28, 2012. Two of Italy’s biggest unions marched through Rome on Friday to protest… Read More ›
Occupy Coal Mine: Sardinian Miners Barricade Themselves Underground
Aug 28, 2012 10:12 AM EDT Armed with 770 pounds of dynamite, 120 Sardinian miners have barricaded themselves 1,300 feet underground in an austerity-driven protest. Barbie Latza Nadeau reports on the standoff. Hours before 120 coal miners barricaded themselves 1,300… Read More ›
Engineering Evil 