Tag Archives: European sovereign debt crisis

RT: Three million Greeks unable to afford health insurance

Published time: December 10, 2013 13:48 Reuters/Yiorgos Karahalis Over 25 per cent of Greeks can’t afford health care, putting children and pregnant women in danger, Doctors of the World medical aid group said. “We are very worried by the number … Continue reading

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RT: Thousands blockade European Central Bank in Frankfurt (VIDEO, PHOTOS)

Please note that in this article – and others like it – there are many published tweets that are often inspiring. They are difficult and time consuming to copy and post, so if you want to see them, please Click … Continue reading

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Max Kaiser – the “Doc”, March 25, 2013

Gold Bank Run Begins? Dutch Bank ABN Amro Halts Physical Gold Delivery! Posted on March 25, 2013 by The Doc The Cyprus/ Eurozone crisis has just intensified, as Dutch Bank ABN Amro has sent a letter to clients this weekend informing them that they … Continue reading

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Cyprus – Oh The Irony!? . . . If you want to understand what’s going on, this seems to provide good analysis. . . ~J

Submitted by Tyler Durden on 03/19/2013 07:49 -0400 Source: Zerohedge.com By Ben Davies of Hinde Capital Cyprus – Oh The Irony!? In history seemingly innocuous events portend more serious outcomes – albeit we recognise them in hind(e)sight. This is the dramatic irony of … Continue reading

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PressTV: Greece unemployment rate jumps to 26 percent

Jobless Greeks wait outside an unemployment bureau in the capital Athens. (File photo) Thu Dec 6, 2012 10:29PM GMT The official Greek unemployment rate has risen to 26 percent as the near-bankrupt eurozone country heads toward a sixth year of … Continue reading

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The euro has become Germany’s new Deutschemark

“You must tell your readers,” says Prof Gunther Schmid, one of Germany’s leading labour market experts, leaning forward over the Berlin brasserie dining table to emphasise his point. “It will be a disaster if Britain leaves the European Union.” The … Continue reading

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PressTV: Outlook for German banking system negative: Moody’s

Interesting that the ‘typical’ MSM like MSNBC, etc. isn’t saying anything about this info yet. ~J Moody’s Investors Service keeps a negative outlook for Germany’s banking system. Fri Oct 19, 2012 8:35AM GMT High balance-sheet leverage and low pre-provision profits … Continue reading

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SOROS: Europe Has 3 Days To Avoid A Fiasco That Could Turn Fatal

It seems Soros is giving us a timeline here, as well. The crisis is now very public. Concerning Drake’s interview last night, I think he was hit with some tough stuff just before he went on the air and I … Continue reading

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Insight: Crisis doubts take root among German firms

By Alexandra Hudson ALPEN, Germany | Thu Jun 7, 2012 5:54am EDT (Reuters) – The ploughs that made German farm machinery firm Lemken its name line the factory forecourt like a row of modernist sculptures, with jutting spokes and sinister-looking blades. Based in … Continue reading

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G7 to hold emergency euro zone talks, Spain top concern

By Allison Martell and Andreas Rinke TORONTO/BERLIN | Mon Jun 4, 2012 8:04pm EDT (Reuters) – Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global … Continue reading

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FULL TEXT: Here’s The Already Famous George Soros Speech That’s Been Taken Down From His Website

This is ‘head talk’ if I ever heard it! If he were in his heart, he could state the problem in six sentences. Silly, foolish man! How many will be taken in by this erudite sounding, but very garbled statement … Continue reading

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RT: Are we there yet? ‘Greek Drachma’ on Bloomberg ticker (PHOTO)

Published: 01 June, 2012, 17:04 Image from yfrog.com Traders around the world have been staring at their Bloomberg screens, hardly believing their eyes. The electronic information platform has been showing details for possible Greek Drachma trading. The Bloomberg helpdesk described it … Continue reading

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Here’s the REAL DEAL NO BS Situation with Europe (Warning What Follows is EXTREMELY BAD).

It seems to me this is total ‘picture’ on the financial scene is right on target. ~J May 26th, 2012 From: GainsPainsCapital Source: The Cosmic Alarm Clock “1.The ECB is tapped out. Having provided over €1 trillion in funding via … Continue reading

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In European Debt Crisis, ‘The Street Has Taken Control’

Published: Wednesday, 23 May 2012 | 1:43 PM ET By: Michelle Caruso-Cabrera CNBC Senior International Correspondent Source: CNBC.com There’s a new phrase being used to describe Europe’s financial crisis: “the street has taken control.” Anne-christine Poujoulat / AFP/Getty Images A man holds … Continue reading

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The Jeremy Warner essay: days of turmoil

For a good laugh, take a look at the YouTube footage in which Wolfgang Schauble, the German finance minister, is caught unawares on camera apparently assuring his Portuguese counterpart, Vitor Gaspar, that once an example has been made of Greece, … Continue reading

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RT: Free to be wrong: European elections spell economic doom

Published: 17 May, 2012, 02:52 Alexis Tsipras celebrates his victory in the May elections. He may be set for an even bigger party in June. (AFP Photo / Louisa Gouliamaki) Greece has failed to forge a coalition out of a motley … Continue reading

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S&P: Here Comes The ‘$46 TRILLION PERFECT STORM’

Max Nisen Source: Business Insider 47 minutes ago In the first of a series of reports on corporate credit markets, S&P highlights a truly unsettling downside scenario that could derail the ‘fragile equilibrium’ in credit markets. The title of the report: The Credit … Continue reading

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This Is Why Germany Has Zero Desire To Fix Anything In Europe

Simone Foxman Source: Business Insider May 8, 2012, 3:13 PM AP Germany has been the staunch opponent of some of the most promising ideas to end the eurozone crisis—common euro area bonds, enlarging the mandate of the European Central Bank, and … Continue reading

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IMF sees ‘dark clouds’ over the recovery

source: EuroNews A Rough Translation … “We Are All In The Shit” … Run For Your Lives! The International Monetary Fund’s Christine Lagarde has again delivered a mixed message about the global economic recovery and warned “the eurozone is the … Continue reading

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George Soros and the Bundesbank’s Patriotic Putsch

By Ambrose Evans-Pritchard, Economics The Telegraph, UK Last updated: April 19th, 2012 George Soros is taking on the Bundesbank George Soros has launched all-out war against the Bundesbank. In his latest Le Monde interview he said that if he were still an active … Continue reading

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