The Greek parliament voted last night to accept tough new austerity measures, despite the people rejecting similar measures in a referendum just over a week ago. Angry protesters took to the streets to denounce the move, which they saw as
Contents: China’s bubble stock market plunges 13% in one week; Wall Street stock market bubble continues its surge; Tick-tock tick-tock, Greece’s clock is running down
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.
The leadership of Greece’s nationalist Golden Dawn party went to court Monday for the first day of what is expected to be a long trial of unprecedented scope for the nation. Golden Dawn’s leadership, who have exhibited Neo-Nazi sympathies, are being accused of running a criminal organization masked as a political party.
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In what was received as a pleasant surprise by the European Union, Greece made its first 460 million euro payment to the IMF this week. The Mediterranean country continues to struggle with generating enough revenue to pay off their multi-billion-dollar debt, and one major international player looking to capitalize on their need for business is China.
A group of 50 anarchist political activists took over the official headquarters of ruling Greek party Syriza in Athens on Sunday, demanding the leftist group enact prison reform and free a terrorist caught after injuring himself with his own bomb.
