
From The Independent: I want to see the election of a Labour government: I want to see an end to austerity, key services like our railways back into public ownership, and the NHS protected from privatisation. But Britain’s membership of
by Breitbart London4 Dec 2015, 8:27 AM PST0

Members of the European Parliament have voted to increase the European Union’s annual budget by an astonishing €4 billion next year, even as member states struggle with the fallout from Brussels-imposed austerity measures. The whopping budget rise is also a
by Donna Rachel Edmunds29 Oct 2015, 5:39 AM PST0

Manchester (United Kingdom) (AFP) – Carrying placards reading “End austerity now” and “Cut war not welfare”, tens of thousands of protesters marched through Manchester as British Prime Minister David Cameron’s Conservative Party opened its annual conference on Sunday. Police and
by AFP5 Oct 2015, 1:30 AM PST0

As Greece braces for parliamentary elections on September 20, ruling Radical Left party Syriza finds itself slipping in the polls and possibly handing the nation back to the center-right, chasing an ever-elusive youth vote.
by Frances Martel16 Sep 2015, 10:00 PM PST0

In a televised address to his people, he said he had a moral duty to resign, because he was elected (just over half a year ago!) as a staunch opponent of the austerity measures he now believes it necessary to impose, in order to keep Greece in the Euro and secure its future.
by John Hayward20 Aug 2015, 4:22 PM PST0

One of the terms of Greece’s bailout deal involves selling off government monopolies and privatizing their operations.
by John Hayward19 Aug 2015, 9:04 PM PST0

On Wednesday, Greek Prime Minister Alexis Tsipras floated the idea of calling for early elections in Greece to “bolster a parliamentary majority that has been strained by bailout reforms demanded by creditors,” as Reuters put it. Such is the chaos of end-state socialism in Greece that Tsipras really needs his own party to lose in those early elections. The Syriza party is coming unglued over the austerity components of Greece’s latest bailout package.
by John Hayward30 Jul 2015, 4:35 PM PST0

There was speculation Wednesday that the International Monetary Fund’s disapproval of the European Union bailout package for Greece would stiffen resistance in the Greek Parliament against it, but in the end, they voted in agreement with what Reuters describes as “sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro.”
by John Hayward16 Jul 2015, 11:54 AM PST0

Stocks rallied on Monday amid news that the Greek financial crisis was under control, and a bailout deal had been agreed upon, but that might have been a hasty celebration.
by John Hayward13 Jul 2015, 9:20 PM PST0

The seemingly final deadline for serious Greek proposals in the debt showdown was Friday morning, and some paperwork was indeed delivered on schedule, inducing some optimism that a Greek exit from the Euro would be averted. Depending on who you ask, the deal is either a stunning triumph or disastrous capitulation for either Greece or its creditors.
by John Hayward10 Jul 2015, 6:51 PM PST0

China is teetering on the edge of a 1929-style stock market meltdown, and Greece might be about to exit the Euro. China is worried about what the Grexit, or an even larger collapse of the Euro, might do to its house-of-cards stock market. Everybody else is worried about what a Chinese collapse could do to their markets, especially since Western socialists have sold so much of their own nations to China over the years.
by John Hayward9 Jul 2015, 5:58 PM PST0

As the financial crisis in Greece worsens, more and more sectors of the Greek economy are taking hits, including the health care system. Greece has a socialized health care system and now that the government is running out of money, so are hospitals.
by Michael Lucchese7 Jul 2015, 9:31 PM PST0

Socialism is having its moment here in America, even as socialism abroad is collapsing in disarray.
by John Sexton7 Jul 2015, 5:52 PM PST0

Yesterday, as Greece’s debt negotiations entered a new hard-core round of brinkmanship mistaken by many observers for conciliatory gestures to Europe, observers warned that if Greece ultimately succeeds in squeezing more money out of its European creditors without making the necessary “austerity” concessions, their triumphant irresponsibility could go viral.
by John Hayward7 Jul 2015, 1:14 PM PST0

Vladimir Putin is reportedly reaching out to Greek leaders to try to affect the outcome of the recent crisis. On Sunday, Greek voters once again defied European leaders and voted against approving new austerity measures.
by Michael Lucchese6 Jul 2015, 9:52 PM PST0

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

In the wake of the growing financial crisis, thousands of Greek nationals are fleeing their homeland. Tens of thousands have ended up in Australia. It is the largest wave of migration from Greece to Australia since hundreds of thousands fled the march of fascism in World War II.
by Michael Lucchese2 Jul 2015, 9:10 PM PST0

The new socialist government of Greece is not having much success convincing its European creditors to forget about billions of dollars in debt, and then loan Greece even more money. Bloomberg News reports Commerzbank AG is doubling the odds of a Greek exit from the Eurozone to 50 percent, which sounds like a polite underestimation of the odds, given the sudden and acrimonious end of the latest debt talks.
by John Hayward17 Feb 2015, 12:10 PM PST0

Venezuelan President Nicolás Maduro, whose socialist administration has been a staunch supporter of the radical leftist anti-austerity parties rising to prominence in Greece and Spain, claimed on a national broadcast last week that Greek PM ‘Comrade Alexis’ Tsipras has agreed to visit Venezuela and several other socialist Latin American nations.
by Frances Martel16 Feb 2015, 7:46 AM PST0

Spanish Budget Minister Cristobal Montoro has categorically rejected any attempts to “change the rules” regarding austerity measures imposed on Greece by European Union regulations. “Europe is a club of democracies, and entering is voluntary,” he stated, implying that, should Greece’s new government refuse to impose austerity measures, they can leave the EU.
by Frances Martel3 Feb 2015, 9:09 AM PST0

This week, Palestine’s Islamist Hamas movement congratulated the head of Greece’s newly-elected, far-left Syriza coalition on his party’s victory and hailed him for his staunch opposition to “Israeli crimes, aggression, and siege on Gaza.”
by Adelle Nazarian29 Jan 2015, 7:28 AM PST0

The White House announced Thursday morning that President Barack Obama wants Congress to “fully reverse” bipartisan sequester spending limits by boosting domestic and defense spending by $70 billion in an effort to “end the era of manufactured crises and mindless austerity.”
by Wynton Hall29 Jan 2015, 7:18 AM PST0