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Capital Restrictions
Behind Germany’s Refusal To Grant Greece Debt Relief – Op-Ed In The Guardian
Originally posted on Yanis Varoufakis:
Tomorrow’s EU Summit will seal Greece’s fate in the Eurozone. As these lines are being written, Euclid Tsakalotos, my great friend, comrade and successor as Greece’s Finance Ministry is heading for a Eurogroup meeting that will determine whether a last ditch agreement between Greece and our creditors is reached and whether…
Lawrence Solomon: Russia’s Grentrance
Originally posted on Financial Post:
If Greece leaves the eurozone, Russia will enter it, casting a chill over Europe The world is focused on the immense implications of a Grexit, or an exit of Greece from the European Union. It might also consider the immense implications of a Grentrance, or an entrance into Greece of…
Greece: Polls Show The Country Is On Course To Reject A Bailout Proposal From Creditors
“Greece’s finance minister will hold talks with top Greek bankers later on Sunday, a Finance Ministry official told Reuters, after opinion polls showed Greeks were on course to reject a bailout proposal from creditors,” ekathimerini reports. Third of all votes counted ‘No’ votes ahead with 60.9%, according to Bloomberg. With 59.3% of votes counted, NO:Â 61.1%. … Continue reading
‘No Reason Why Greece Could Not Have Two Currencies’ – A Euro Architect
Today we still use an industrial age monetary construct while we have technologies to do things differently. Greece could create a precedent with a different way of addressing economic problems, says one of the architects of the euro, Bernard Lietaer. RT: You were one of the people who helped bring about the birth of the … Continue reading
IMF Backs (Ever So Peculiarly) The SYRIZA Government’s Debt Assessment
Debt relief ought to be at the centre of negotiations over a New Deal for Greece. That has been our government’s mantra from 26th of January, our first day on the job. Exactly five months later, on 26th of June, the IMF has conceded the point (as evidenced earlier today by the NYT) – on … Continue reading
Greece: 9 Myths About The Crisis
The citizens of Greece face a referendum Sunday that could decide the survival of their elected government and the fate of the country in the Eurozone and Europe. Narrowly, they’re voting on whether to accept or reject the terms dictated by their creditors last week. But what’s really at stake? The answers aren’t what you’d … Continue reading
US Senator Bernie Sanders Blasts Greece’s Creditors
Sen. Bernie Sanders (I-Vt.) attacked the International Monetary Fund and European authorities on Wednesday for imposing what he called excessive austerity measures on Greece in negotiations over the country’s debt payments. [Click here for the Huffington Post site, or read on] Sen. Bernie Sanders (I-Vt.) attacked the International Monetary Fund and European authorities on Wednesday for imposing … Continue reading
Yanis Varoufakis: Why a NO vote in the Referendum is a Yes for a proud Greece in a Decent Europe
Originally posted on Yanis Varoufakis:
Late Night Live has been a daily companion of mine since 1989. Phillip Adams, its presenter, is someone I consider a friend (he, in fact, interviewed me in 1991 on the… Greek crisis!). In this (yesterday’s) program he added a touch at the very end of the interview that made me…
Greece: Tsipras Ready To Accept Most Bailout Terms
Greek Prime Minister Alexis Tsipras is ready to accept almost all the conditions proposed by the country’s international creditors at the weekend, marking the latest attempt to keep Greece in the eurozone. The prime minister said he would accept all of the terms proposed with just minor exceptions. He agreed to the changes in the … Continue reading
We Are All Greeks! Europe Only Has a Future With the New Silk Road
Originally posted on wchildblog:
Source: LaRouche PAC, by Helga Zepp-LaRouche It’s not Greece which has failed, but rather Chancellor Merkel, Finance Minister Schäuble, the EU Commission, the European Central Bank, and the IMF. Why should the Greek government stick with the austerity measures demanded by the EU, which have already reduced the Greek economy by…
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