As Greece breaks apart on the rocky shores of the European Union, the man who did so much to run his nation’s finances aground has decided to call it quits. The New York Times sees the sudden resignation of “combative” Finance Minister Yanis Varoufakis as a gesture of “conciliation” between the socialist Syriza government and a thoroughly fed-up European Union, but it might be premature to talk about Greece making peace with its creditors.
by John Hayward6 Jul 2015, 11:55 AM PST0
Antonis Samaras, the head of Greece’s conservative New Democracy party, has resigned from leadership following the nation’s resounding rejection of Eurozone debt repayment terms in a referendum on Sunday. Samaras will be remembered most for being the only prime minister in the last decade to accept austerity measures and attempt to curb Greece’s spending during the current crisis.
by Frances Martel6 Jul 2015, 6:57 AM PST0
Contents: Europe enters a dangerous period after Greece’s Tsipras wins overwhelming victory; China takes emergency measures to stem stock market panic; China’s ‘Market Stabilization Fund’ mimics America’s ‘Organized Support’ in 1929; In lavish ceremony, the new King of Tonga is crowned — by an Australian
by John J. Xenakis6 Jul 2015, 6:14 AM PST0
Contents: Greeks are deeply divided over Sunday’s referendum; Greece’s referendum revives memories of a bloody civil war; Tunisia declares a ‘state of war’ as Mideast meltdown continues
by John J. Xenakis5 Jul 2015, 7:25 AM PST0
As the ruling Coalition of the Radical Left (Syriza) vocally demands the Greek people vote “no” on a referendum regarding European Union debt repayment terms on Sunday, an unlikely voice has emerged representing the opposition “yes” vote, interpreted as a vote in favor of keeping the Euro as currency and remaining in the Euro: electro-pop megastar Sakis Rouvas.
by Frances Martel4 Jul 2015, 4:34 PM PST0
Contents: Greece heads for further chaos with referendum on Sunday; IMF report on Greece raising concerns about IMF’s credibility; China hunts for ‘stock manipulators’ as market crashes
by John J. Xenakis4 Jul 2015, 4:00 AM PST0
Athens (AFP) – Greece’s radical left government said Thursday it may resign if it fails to win a referendum that could decide the country’s financial future.
by AFP2 Jul 2015, 6:45 AM PST0
As talks between Greek officials and members of the IMF and European Union approach their conclusion before a potential exit of the Hellenic nation from the eurozone, Chinese officials are suggesting they could play a role in helping Greece pay back its debts. The Greek crisis has negatively affected the Chinese economy, which has invested millions in Greece.
by Frances Martel30 Jun 2015, 8:35 AM PST0
This article originally appeared at Reuters: EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to
by Reuters30 Jun 2015, 6:11 AM PST0
Contents: Greece’s chaos continues as banks are closed; Turkey considers invasion of Syria to prevent a Kurdish state; Jordan makes plans for Syria invasion to protect its northern border
by John J. Xenakis30 Jun 2015, 4:00 AM PST0
Greek Prime Minister Alexis Tsipras has forced all banks in the country to shut down and limit the amount of money Greeks can withdraw from ATMs. This is in anticipation of a July 5 referendum on whether Greece should accept economic reforms in exchange for a shot at not defaulting on its $271 billion debt to the European Union and the IMF.
by Frances Martel29 Jun 2015, 8:03 AM PST0
This morning’s key headlines from GenerationalDynamics.com Furious Eurogroup members plan Greece’s default after Tsipras ends bailout negotiations Greece’s chaos may begin as early as Monday Tunisia will close 80 mosques that are ‘spreading venom’ Furious Eurogroup members plan Greece’s default
by John J. Xenakis28 Jun 2015, 7:39 AM PST0
Thousands of Greeks rallied in Athens’ Syntagma Square on Monday demanding their government find a solution to their debt crisis that would allow Greece to remain in the Euro. The protest highlights the persistent demand from the Greek people that they remain within the Eurozone, even as Prime Minister Alexis Tsipras’ negotiation tactics put that reality in jeopardy.
by Frances Martel23 Jun 2015, 8:10 AM PST0
Contents: Report: Greece’s debt crisis being kicked down the road; Afghan Taliban strikes Afghan parliament in Kabul; Afghan Taliban close to seizing the city of Kunduz
by John J. Xenakis23 Jun 2015, 4:00 AM PST0
Contents: China says it’s finished building artificial islands in South China Sea; China tests hypersonic missile designed to defeat American missile defenses; Greece’s bitter PM Tsipras hurls ultimatums and insults at IMF
by John J. Xenakis17 Jun 2015, 6:15 AM PST0
Individuals associated with the All Workers Militant Front (PAME), a communist trade union, stormed the Greek Foreign Ministry on Thursday, demanding the far-left government of Prime Minister Alexis Tsipras not agree to any austerity reforms with the European Union, reforms demanded by both the EU and creditors to help Greece avoid a debt default.
by Frances Martel12 Jun 2015, 11:59 AM PST0
Contents: Zimbabwe offers 5 US dollars for 175 quadrillion Zim dollars; IMF and ECB walk out of negotiations with Greece; The Greek Tragedy must move to the happy ending
by John J. Xenakis12 Jun 2015, 6:12 AM PST0
Contents: Indian forces cross Myanmar border to strike at militants; Cross-border raid implications for India with Pakistan and China; Reports of breakthrough in Greece’s debt crisis
by John J. Xenakis11 Jun 2015, 4:00 AM PST0
Contents: Tsipras gives bitter, defiant speech to Greece’s parliament; Speculation grows about China’s purpose in giant government hacking breach
by John J. Xenakis6 Jun 2015, 8:42 AM PST0
Contents: With Syria’s army nearing collapse, Iran plans massive troop deployment; Iran and Syria may invoke 2006 mutual defense agreement; Greece and Europeans fail once again to reach an agreement
by John J. Xenakis5 Jun 2015, 4:00 AM PST0
Contents: Greece’s game of Chicken no closer to resolution; Greece’s Alexis Tsipras faces a government mutiny from the far left
by John J. Xenakis3 Jun 2015, 4:00 AM PST0
After late-night talks in Berlin with global leaders, Greek Prime Minister Alexis Tsipras says that Greece has reached a “realistic” solution to the debt crisis ahead of Friday’s impending deadline.
by Michael Lucchese2 Jun 2015, 7:04 PM PST0
Contents: Report: Russia may end support for Syria’s Bashar al-Assad; Russia searches for a plan for a post-Assad Syria; Greece faces new financial crisis with no solution in sight
by John J. Xenakis1 Jun 2015, 4:00 AM PST0
Greek Prime Minister Alexis Tsipras hopes to get the final details of a bailout deal with the European Union worked out by Sunday, but he has faced increased criticism from the hard left in Greece for negotiating at all.
by Michael Lucchese29 May 2015, 6:12 AM PST0
Iran forces Afghans to fight in Syrian regime’s collapsing army; Debate over the number of European jihadists in Syria; Greece makes debt payment as even leftists lose sympathy
by John J. Xenakis13 May 2015, 4:00 AM PST0
