Tag Archives: Eurozone

RT: ‘Cameron wants to kick EU exit issue into long grass’ – UKIP leader [Nigel Farage]

Published time: May 20, 2013 20:12 Despite the British government’s desire to soft-pedal the country’s possible EU exit, the referendum to decide UK’s future in the Union must be held before the 2015 general election, believes the leader of the … Continue reading

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Max Kaiser – The Doc: Jim Sinclair: Ethically And Legally Exit The System While You Still Can! May 10, 2013

Jim Sinclair: Ethically And Legally Exit The System While You Still Can! In the wake of this week’s further confirmation from EU Finance Minister DiselBoom that depositor bail-ins are headed to banks across the Eurozone, Jim Sinclair has sent an email … Continue reading

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Farage: EU wants to steal money from Cypriots bank accounts

Published on Mar 19, 2013 Taking the bailout model to extremes – the EU has given Cyprus an ultimatum – either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel Farage gives his perspective on the … Continue reading

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!!!!! RT: ‘Italy is running into a brick wall and the EU is going with it’

Published time: February 28, 2013 00:02 Italy is looking to escape its election stalemate, after a hung parliament raised fears of fresh financial turmoil. Investment adviser Patrick Young told RT that Italy and the EU are headed straight for a … Continue reading

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RT: ‘The danger of the eurozone’s split is over’. . . this can’t be ‘real’ . . . ~J

Published: 09 January, 2013, 18:45 The EU’s Economic Affairs Commissioner Olli Rehn (AFP Photo/Georges Gobet) The eurozone is unlikely to split anytime soon, but the countries should push forward structural reforms to bring the region’s economy back on track, says EU … Continue reading

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Want To See How People Really Feel About Austerity? Check Out The Rage On This Portuguese Facebook Page

Joe Weisenthal | Sep. 10, 2012, 1:01 PM Source: Business Insider Want to get a glimpse of the political heat that Eurozone leaders face if they embrace austerity. FT reports on a Facebook note from Portuguese PM Pedro Passos Coelho, wherein he … Continue reading

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GERMAN CONSTITUTIONAL COURT ALLOWS RATIFICATION OF EUROPEAN BAILOUT FUND

Joe Weisenthal | Sep. 12, 2012, 3:48 AM Source: Business Insider UPDATE II: The German court has ruled that the European bailout fund is legal. The injunction has been rejected. The main condition, apparently, is that the German contribution to the … Continue reading

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REPORT: Merkel Is Getting Ready To Cave On Greece

Joe Weisenthal | Sep. 8, 2012, 3:55 PM Source: Business Insider   (Photo by Andreas Rentz/Getty Images) First Merkel endorses the ECB’s action to buy unlimited amounts of sovereign debt. Now this. According to Reuters, the German magazine Der Spiegel is reporting that Angela Merkel is getting … Continue reading

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RT: ECB chief calls for exceptional measures to save the euro – Under stress, it looks like they’re really pushing to consolidate power. . .~J

Published: 29 August, 2012, 16:31 Mario Draghi, President of the European Central Bank (AFP Photo/Daniel Roland) The eurozone countries should continue steps to create fiscal, political and banking union to secure the stability of the euro, according to Mario Draghi, Head … Continue reading

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Price of gold surges on Fed stimulus hopes; is it headed for $2,000? – Excuse me, says ~Jean, but where is the Fed going to get the money? They’re broke, but I guess the lamestream media doesn’t know that yet!

Do you suppose the banksters are trying to make another buck on us before it’s all over for them? They put out the word, the price goes up, they get in – and out at the top, and of course … Continue reading

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GOLDMAN: It’s Time To Bet On A Big Comeback In Europe – :)

Matthew Boesler Source: Business Insider Aug. 20, 2012, 12:47 AM   Todd Klassy, Flickr Many analysts, strategists, and economists forecast that the U.S. is entering a long-term period of outperformance against Europe as the eurozone deleverages and battles financial crisis.However, Goldman Sachs equity strategists Christian … Continue reading

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Recent Headlines from Mish Tell Just How Bad the European Crisis Really Is, July 22, 2012

Monetary Insanity: ECB Considers Negative Interest Rates, Looking for Clues From Denmark; Anteaters and Hurricanes Prepare for Spanish Implosion: Businesses Threaten to Leave Spain Over Tax Hikes; Finance Minister Proposes 56% Tax on Short-Term Financial Transactions Death Spiral in Spain; … 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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PressTV: Moody’s warns of broader eurozone downgrades

Sat Jun 9, 2012 3:57AM Moody’s has warned that a Greek exit from the eurozone can lead to downgrades of the eurozone’s top-rated countries, including Europe’s biggest economy, Germany.   “Greece’s exit from the euro would lead to substantial losses … Continue reading

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Greece and the Euro: Fifty Ways to Leave Your Lover by Ellen Brown

Published on Wednesday, June 6, 2012 by Common Dreams The Euro appears to be a marriage of incompatible partners. A June 1st article in the UK Telegraph titled “Why Europe’s Love Affair with the European Project Is Ending” reported that two-thirds of … Continue reading

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Euro climbs on hope debt crisis fix is near

By Herbert Lash NEW YORK | Mon Jun 4, 2012 10:48am EDT (Reuters) – The euro climbed and bonds eased off last week’s record low yields on Monday as speculation mounted that authorities will manage to keep the euro zone intact and ameliorate the region’s … Continue reading

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CHECKLIST: All The Disastrous Consequences Of A Greek Exit

Simone Foxman Source: Business Insider Jun. 4, 2012, 8:07 AM The possibility of political catastrophe looms close on the horizon in Greece and everyone is talking about a possible “Grexit.” Outside of Greece, the real problem here is the risk … 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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The Daily Bell: Economist Mag: Cook the European Union Slowly Via This Phony Crisis

Monday, May 28, 2012 – by Staff Report ECB The future of the European Union … The choice: A limited version of federalism is a less miserable solution than the break-up of the euro In recent months we have concluded that, whether … Continue reading

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Papademos, Grexit, and catastrophe blackmail

By Ambrose Evans-Pritchard, Economics Last updated: May 23rd, 2012 Source: The Telegraph, UK Protesters in Athens demonstrating against the latest round of austerity measures in Greece Greece’s ex-premier Lucas Papademos has put a figure on the post-drachma fallout. “Some calculations I have … Continue reading

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