Search Results for: Tsipras

Greek government surrenders to the bankers

Greece Tsipras EU euro

Yes, Greek banks may have been insolvent – something that was clear since the first bailout of 2010 – but at least the Greek state had control over them: as such it could have mandated mergers, recapitalizations, liquidity injections, even depositor bail-ins (perhaps the harshest lesson for the ordinary Greek population as …

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‘Leave Euro, reclaim your democracy!’ Nigel Farage to Tsipras

Nigel Farage speech Euro EU

UKIP leader Nigel Farage gave a rousing speech in front of the European Parliament in Strasbourg today during which he directly told Greece’s Prime Minister Alexis Tsipras to lead the Greek people out of the Eurozone and reclaim the country’s democracy. Farage told Tsipras that his country should have never …

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Greece agrees to 3rd bailout deal, more austerity

Greece flag tatters

The Greek government announced it has struck an ambitious bailout deal with creditors aimed at securing around €86bn (£61bn) over three years in return for radical economic reforms to be pushed through parliament as early as this week. News of the agreement following a marathon 24-hour negotiating session at Athens’ …

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Greece likely to leave Eurozone and EU

Greece EU Grexit Athens

The Greek central bank warned Wednesday that the country could crash out of the eurozone and even the European Union if it fails to reach a bailout deal with international creditors. In one of the starkest warnings so far from a Greek institution, the Bank of Greece said: “Failure to …

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Pro-bailout party wins parliamentary elections in Greece

New Democracy Antonis Samaras

Greece’s pro-bailout New Democracy party has narrowly won the country’s parliamentary elections by securing 29.7 percent of the vote, the Interior Ministry says. The anti-bailout far left Syriza party garnered 26.9 percent of the ballots to come in second in the Sunday elections, the ministry said. The results showed that …

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Globalist plan: European Union police state lockdown

European Union apparatchiks are preparing to lockdown Europe following Greece’s exit. From the Associated Press today: Olivier Bailly said Tuesday that, legally, limits could be imposed on movement of people and money across national borders within the EU if it’s necessary to protect public order or public security — but not on …

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Greece to trigger collapse of fascist eurozone

Greece Eurozone Yanis Varoufakis

From Filip Karinja, for Birch Gold Group Greece is rapidly running out of money. In a last ditch effort to remain afloat, the nation recently passed a law requiring all cash reserves in public sector entities to be transferred to its central bank, the Bank of Greece. This is just the latest round …

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Greek banks get additional €10bn to counter ECB pressure

Greek bank

Banks in Greece have been given the go ahead to access an additional €10 billion in emergency funding from the Bank of Greece, according to a government official. This is a push-back from Athens demonstrating its intent to roll back austerity measures. “Greece does not aim to blackmail anyone but …

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Refugee inflows into Europe shown in stunning infographic

Refugee crisis Europe migrants immigration asylum seekers

The people flows into Germany alone are expected to top 1 million this year as desperate asylum seekers flee the war-torn Middle East where the West and Russia are busy taking opposite sides of the Sunni-Shiite divide on the way to facilitating a regional conflict that looks set to spill across …

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US demanded Greece close airspace to Russian humanitarian aid for Syria

Russian aid for Syria

The government in Athens has refused a demand by the United States to close its airspace to Russian aircraft ferrying what it describes as humanitarian aid to Syria. “On Saturday, U.S. Embassy [in Athens] appealed to the Greek government with a request to prohibit the flights of Russian aircraft in the FIR …

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Goldman Sachs may face trial for role in Greek debt crisis

Goldman Sachs bank

Goldman Sachs faces the prospect of potential legal action from Greece over the complex financial deals in 2001 that many blame for its subsequent debt crisis. A leading adviser to debt-riven countries has offered to help Athens recover some of the vast profits made by the investment bank. The Independent has …

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Bank runs in Greece, bank holidays coming next

Greece bank run ATM queue

The writing has been on the wall for quite sometime. Deposit flight from Greece‘s ailing banking sector has been running north of €500 million per day this week as the threat of capital controls casts a pall over the Greek government’s efforts to reassure the public and head off a …

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Greece to tax cash withdrawals

Greece cash bank run ATM

Greece has revealed it will introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt to prevent citizens withdrawing their money from the country’s beleaguered banks. Ministers hope the controversial move could raise as much as €180 million, which the Athens government hopes will help the country …

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Plans for cashless society is accelerating bank runs

Euro cash withdrawal money

From Filip Karinja, for Birch Gold Group Over the past few months, as governments and bankers lose grip on the failing monetary system that is surviving only on the back of record low interest rates and excessive money printing, the ‘war on cash’ has been escalating around the world. Why such disdain for cash? A society …

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The countdown to the break up of the Euro has officially begun

The results of the elections in France and Greece have made it abundantly clear that there is a tremendous backlash against the austerity approach that Germany has been pushing. All over Europe, prominent politicians and incumbent political parties are being voted out.  In fact, Nicolas Sarkozy has become the 11th …

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