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Tag: European Union

BRITAIN-POLITICS-CONSERVATIVES

Tory Business Secretary Slaps Down Europhile Business Group

Business Secretary Sajid Javid has fired a shot across the bows of the Confederation of British Industry (CBI) regarding its recent claim Britain should remain in the European Union “no matter what”. Yes – this is the same CBI which received £800,000 in grants

AUSTRIA-TOURISM-HISTORY-ARCHITECTURE-FEATURE

Austria Next? EU Exit Petition Hits 100,000 Threshold

In a sign that eurosceptic sentiment is spreading across the Continent, it has been announced that 261,159 Austrians beat the 1 July deadline to sign a petition supporting a referendum on whether Austria should leave the EU. This means the threshold of 100,000

4098bf4a6b093a076e0f6a706700c4ba

Greek Nationals Flee to Australia to Escape Financial Crisis

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.

AP Photo

Strange Bedfellows: Turkey Offers Greece Aid to Remedy Financial Crisis

Multiple factions within the Turkish government have expressed a willingness to help the Greek government repay its debts to the European Union, from a general statement by Turkish Prime Minister Ahmet Davutoglu that Turkey will do “whatever we can” to help Greece to the nation’s leftist party suggesting a massive loan to the Greek government in solidarity.

Migrants Italy Boat AP

Italy Takes In 2,900 More Migrants

Boats from Italy, Spain, Ireland, and Britain rescued 2,900 migrants spread across 21 boats from Libya this weekend. This latest rescue means over 68,000 migrants arrived in Italy in the past six months.

AP Photo/Virginia Mayo

China ‘Willing to Play a Constructive Role’ in Keeping Greece in the Euro

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.

EU Makes Last-Ditch Bid to Save Greek Bailout

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

GREECE-ECONOMY-POLITICS-EU-IMF

Greece Shuts Banks, Imposes Capital Controls as Euro Referendum Nears

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.

AP Photo

Eurozone Says No to Greece Bailout Extension

The Eurozone rejected Greece’s request for one-month bailout extension only a day after the bankrupt country turned down an extension offer from their creditors. “It looks like we are heading for Grexit,” exclaimed one person who participated in the meetings.

RUSSIA-PUTIN-CONFERENCE

European Union Extends Sanctions on Russia

The European Union extended sanctions on Russia until January 31, 2016, as the crisis in Ukraine continues to worsen. EU spokeswoman Maja Kocijančič said the group hopes the sanctions will push Russia to comply with the Minsk peace agreement.