Tag Archive | Greece
Greece to vote on austerity, protests intensify | THE JEENYUS CORNER
THE JEENYUS CORNER By Michael Winfrey and Karolina Tagaris ATHENS (Reuters) – Greece’s coalition government hopes to overcome its own divisions and defy protesters’ fury at parliament’s gates on Wednesday to push through an austerity package needed to secure an injection of aid and avert bankruptcy. Prime Minister Antonis Samaras is expected to narrowly win support […]
Panic cash withdrawals in Spain drain banks; Greece-style economic implosion now imminent | THE JEENYUS CORNER
Ethan A. Huff NaturalNews Spain appears poised to become the next Greece in the ongoing European Union (EU) implosion, as Spaniards are withdrawing record amounts of funds from Spanish banks to avoid a potential insolvency situation. According to the New York Times (NYT), the equivalent of $94 billion was withdrawn from Spanish banks in […]
Dilemma for Greek youth: Fight or flee
By Irene Chapple CNN STORY HIGHLIGHTS Maria Papanagiotaki and Aristotle Skalizos are in love, but they disagree over whether to stay in Greece or leave The couple belong to a generation devastated by the country’s economic crisis Others who have left Greece come back to contribute to the recovery of their homeland The country’s young […]
‘Golden Dawn’ Take Advantage as Greek Collapse Breeds Xenophobia
Patrick HenningsenInfowars.comJuly 12, 2012 Just how bad is the Greek economy? Of all the economic horror stories produced since the banking crisis began in 2007, Greece is perhaps the most frightening to date, and in the wake of the country’s crash, xenophobia is starting to rear its ugly head in Greece. Unemployment, cuts in public services and an overall lack of confidence […]
Cyprus Becomes 5th E.U. Member to Seek Rescue
By DAN BILEFSKY NYTIMES.COM Published: June 25, 2012 PARIS — Cyprus on Monday said it was formally requesting a bailout from the European Union in a bid to bolster its struggling banks, making it the fifth euro zone country to request a rescue. The announcement came after weeks of concern that the crisis in Greece […]
Greece election: pro-bailout party to attempt coalition
The leader of Greece’s pro-bailout New Democracy party, set to win most seats in a general election, says he wants to form a government as soon as possible. Antonis Samaras said Greeks had voted to stay in the euro, and called for a “national salvation government”. The leader of the anti-bailout Syriza party, Alexis Tsipras, […]
