Addressing a crowd of U.S. Senators, think-tanks and European leaders, Nigel Farage brought to Washington the strength of feeling in siding with the Greeks “smashing molotov cocktails into the walls of their parliament” last week. “If I’d been a young
With Greece defaulting on its debt, the press has been full of complaints that the lazy Greeks would like to live off of welfare and government handouts rather than work.
Contents: China reacts harshly to Japan’s plans for ‘collective self-defense’; European officials prepare to negotiate Greece’s next bailout
Greece’s outspoken former finance minister has warned the country’s controversial planned economic reforms are “going to fail” and said the country’s government does not really believe they will work. Yannis Varoufakis told the BBC that Greece was being subjected to
BERLIN, July 17 (Reuters) – German lawmakers gave their go ahead on Friday for the euro zone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was
Contents: ISIS-linked terrorists sink Egyptian navy ship; Attack on Egypt’s navy boat comes amid plans for Suez Canal expansion; Both Greece and Germany in political disarray after IMF bailout statement
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.”
Police faced massive riots in Greece on Wednesday night as Parliament accepted the terms of a debt deal significantly more stringent than that rejected via referendum on July 5. Mass arrests of nationals from Australia, Ukraine, France, and Italy– but not Greece– occurred.
Contents: Greece approves harsh reforms as IMF throws Europe under the bus; Japan’s Shinzo Abe pushes ‘collective defense’ bill for vote; Mexico’s first ‘historic’ attempt to re-privatize oil industry flops
Athens (AFP) – Anti-austerity protesters hurled petrol bombs at police in front of Greece’s parliament on Wednesday as lawmakers began debating deeply unpopular reforms needed to unlock a new eurozone bailout. Follow Breitbart London on Twitter @BreitbartLondon
There has been trouble brewing between the International Monetary Fund and the European Union about the vast debts Greece owes to both of them, but rhetorical shots were finally fired on Wednesday, as the IMF offered stiff criticism of the EU’s bailout deal with Greece.
Following a referendum in which the Greek people largely rejected a debt deal with the EU and IMF requiring further austerity measures, Greek Prime Minister Alexis Tsipras has been cornered into selling the Greek Parliament an agreement even stricter than the one the referendum rejected. In doing so, he faces the herculean challenge of proving his new demand is not a complete about-face for him or his leftist party.
A leaked IMF study of the Greek debt crisis, ignored by creditors at the weekend, warns Greece may need a 30 year moratorium to pay off European debt, including new loans, and a dramatic extension on the maturity of its debts. The
Britain could face a bill of up to £850m for latest Greek bailout as European leaders desperately search for money for the heavily indebted nation. Although Britain is signed up to an emergency EU fund, Prime Minister David Cameron believes
Contents: Thousands die in sectarian herder-farmer clashes in Nigeria; Emotions running high over Eurogroup ultimatum to Greece; China cracks down on ‘peizi’ or ‘fund-matching’ stock market businesses
Athens (AFP) – Anti-austerity protesters gathered for a small-scale demonstration in front of the Greek parliament on Monday, angry at the country’s EU bailout deal.
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.
A Greek exit from the Euro was reportedly closer than ever at 6am European Time on Monday, 13th July 2015. It followed 14 hours worth of talks between German Chancellor Angela Merkel, and Greece Prime Minister Alexis Tsipras. That is until
Greek Prime Minister Alexis Tsipras has flown home after an epic 17-hour crisis meeting with Eurozone leaders to sell the austerity package he has agreed to his own party – who may attempt to block it. Tsipras must push several unpalatable measures
Appearing on Fox News Sunday over the weekend while campaigning in Iowa, Jindal told host Bret Baier that Clinton is all about “feeding a greedier and greedier government that’s going to swallow up the private sector economy.”
Mayor of London Boris Johnson has described the German proposals for a deal with Greece as “tyrannical”, and has advised the Greek people to “rediscover the spirit of Marathon” and exit the euro. Eurozone leaders argued long into the night
Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling at an emergency summit. “Euro summit has unanimously reached agreement.
Contents: Pope Francis in Paraguay alludes to 1860s War of the Triple Alliance; Distrust of Greece dominates indecisive Eurogroup meeting on Saturday; France and Italy welcome Greece’s proposals
Eurozone finance ministers meeting in Brussels on Saturday have serious doubts about Greece’s request for a bailout and a deal to start negotiating on the basis of Athens’ proposals is far from certain, sources close to the talks said. Overnight,
The Greek parliament last night backed a series of punishing tax rises and spending cuts in last ditch attempt to reach a deal for a new bailout. The country has requested a financial lifeline of €53.5bn to prop up its
