World View: UNHCR: Greece’s Islands Kos, Chios, Lesbos are in ‘Total Chaos’ over Migrants
Contents: Hungary speeds up construction of anti-migrant border fence; UNHCR: Greece’s islands Kos, Chios, Lesbos are in ‘total chaos’ over migrants
Tag: Greece
Privileges Threatened: Days May Be Numbered For Greece’s ‘Everyman’ Farmers
NAXOS, Greece (Reuters) – A jovial potato farmer whose family has tilled the fertile land on the island of Naxos for over 200 years, Stelios Vathrokilis is unfazed by all that he believes a farmer must inevitably face: God, inclement
No Podemos: Spanish Radical Leftists in Complete Poll Collapse
The radical leftist party Podemos (“We Can”) that took Spain by storm last year is suffering major poll losses leading into Spain’s parliamentary elections in November, a new government poll shows, as Spanish observers grow wary of socialism following the decline of the Greek economy.
World View: U.S. Program to Train Syrian Rebels Appears Near Collapse
Contents: Hundreds of migrant deaths in Mediterranean highlight Libya-Calais relationship; U.S.-trained Free Syrian Army’s Division 30 suffers major defeat; US program to train rebels in Syria appears flawed from the start
Greek Stock Market Crashes 16% on First Day, Bank Stocks Hardest Hit
The Greek stock market was shut down five weeks ago, as the nation spiraled into an economic and political crisis, facing its final debt showdown with European creditors. The market just concluded its first day of trading since the shutdown, and the outlook is grim: the market lost 16.2 percent of its value on the first day back in business.
Greek Cyber Crime Unit Investigating Former Finance Minister Varoufakis
The criminal investigation into former Greek Finance Minister Yanis Varoufakis will involve a cyber-crime law enforcement unit, as Greek officials seek to uncover whether Varoufakis’ “Plan B,” an emergency plan that would have required the government to hack into private taxpayer accounts and switch from the euro to the drachma currency.
Yanis Varoufakis: Europe Must Reform Or Face Destruction
Speaking of an EU coup in Greece, Former Greek finance minister Yanis Varoufakis has warned Europe will no longer exist as a monetary union if it fails to reform. In a recent interview he also accused the architects of the new
Puerto Rico Defaults on Debt; California Should Worry
Puerto Rico officially defaulted on part of its $73 billion in debt on Monday afternoon, when the U.S. territory only paid $628,000 toward a $58 million debt due by 5 p.m.
Yanis Varoufakis Treason Threat is A Shocking Euro Development
I have been familiar with the ways of the European Union for many years, and I thought myself impervious to surprise at the extraordinary way in which Brussels imposes its will, with plain defiance of democracy and utter contempt for
World View: Turkey Returns to War with the Kurdish PKK
Contents: Big losses expected Monday when Greece’s stock market reopens; Puerto Rico to default on Tuesday; Venezuela’s collapsing economy receives $5 billion from China; Venezuela in border dispute with Guyana; Turkey returns to war with the Kurdish PKK
Greek Prosecutor Investigates Former Finance Minister over Euro Exit Plan
No scene of political turmoil is complete until somebody gets investigated by prosecutors. Such is the fate of former Greek finance minister Yanis Varoufakis, who has become a darling of the anti-austerity, hardcore left ever since he departed his office on the eve of the 11th-hour bailout deal.
Greek PM Tsipras Considers Early Elections, Struggles With Syriza Party Revolt
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.
Pressed by Left, Greece’s Tsipras Vows ‘No More Reforms’
Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. Tsipras faces
Former Finance Minister Varoufakis Facing Treason Charge for Hacking Greek Taxpayer Accounts
Greece’s outspoken former finance minister could be about to face treason charges after he revealed details of a plot to hack taxpayer accounts in preparation for the country’s exit from the euro. The country’s Supreme Court has referred Yanis Varoufakis
Hungarian Prime Minister Warns Mass Migration Threatens European Survival
The tidal wave of migrants fleeing the bloody chaos of the post-Obama Middle East has been hitting Mediterranean nations particularly hard. But Hungary has seen a sizable number of migrants from Syria and Afghanistan as well, experiencing what the Wall Street Journal describes as a doubling of last year’s total migrant population in just the first six months of 2015.
Op-Ed: Are the City of Houston’s Finances in the ‘Greece’
The City of Houston appears to be following the path of the nation of Greece in terms of financial ruin. News sources daily are keeping us appraised of the continuing Greek debt crisis. Greece has a debt of 170% of their Gross National Product.
Refugee Influx: Up 408% this Year so Far, Crushing the Greek Economy
As Greece struggles to regain some economic strength at it continues to negotiate a solution to its debt crisis with the European Union, the flood of refugees from Syria, Afghanistan, and other ravaged areas east of the Hellenic republic has continued unabated, threatening an economy that has for years been on the brink of disaster.
World View: Syria’s War Comes to Turkey After Monday’s Terror Attack on Suruç
Contents: Riots and violence across Turkey after Monday’s suicide bombing in Suruç; PKK kills 2 Turkish police officers in retaliation for Suruç blast; Syria’s war comes to Turkey after Monday’s terror attack on Suruç; Greece’s parliament approves European lender reform demands
WATCH: Greeks face up to bailout reality
Greek Prime Minister Alexis Tsipras may have contained a rebellion in his left-wing Syriza party to win parliamentary approval for a second package of reforms. But as Ciara Lee reports he’s still got a long way to go in order
PICTURES: Greek MPs Support New Reforms, Unions Riot
The Greek parliament last night comfortably passed a second set of reforms in order to continue talks on a new bailout, although the governing Syriza is now deeply divided. Dozens of hardliners with Prime Minister Alexis Tsipras’s party rebelled, effectively
Swiss MP To Greece: We’ll Take An Island In Return For Your Debts
A Swiss politician has called for the nation to take advantage of the Greek crisis to establish a Swiss empire overseas by taking an island in return for the money Athens owes. The unusual suggestion was made by Pierre Rusconi, a member of parliament
World View: Greece’s Tsipras Lashes Out at His Own Party as New Vote Approaches
Contents: Burundi’s president Nkurunziza continues to provoke Hutu-Tutsi tensions; Greece’s Tsipras lashes out at his own party as new vote approaches; Where will Greece’s 86 billion euro bailout come from?
EU Fails to Relocate 40,000 Asylum Seekers And Migrants
EU home affairs ministers yesterday failed to reach agreement on the distribution across Europe over the next two years of the 40,000 mostly Syrian and Eritrean migrants and asylum seekers who landed in Greece and Italy. The decision on the scheme, which
Invasion: 28,260 Illegals Have Landed on Greek Islands in Just 20 Days
The equivalent of “three major towns” crossed the Aegean sea to land on the islands of the Greek west coast, as a reported 28,260 illegals came ashore in just 20 days. The figure, as reported by Greek defence-orientated news source OnAlert.gr, claimed
World View: Possible Rapprochement in the Works Between Hamas and Saudi Arabia
Contents: Car bombs target Hamas and Islamic Jihad in Gaza; Possible rapprochement in the works between Hamas and Saudi Arabia; Greece’s banks to reopen at start of another stormy week
