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Greece

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Events in Greece Could Follow the Cypriot or Argentine Scenario

...With the debt and financial situation the way it is, Brussels (EU), Frankfurt (ECB) and Washington (IMF) can hardly risk making drastic decisions regarding Greek debt. After all, the response could be a declaration of default on the Greek government’s obligations, which total around €320 billion. It would be more than enough to cause a chain reaction involving the bankruptcies of European banks and companies which, in turn, could bring on government defaults and the collapse of the house of cards known as the European Union...

Valentin KATASONOV | 26.03.2015


 

The ECB’s Noose Around Greece: How Central Banks Harness Governments

Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman Sachs International) has now made good on the threat.

EDITOR'S CHOICE | 21.03.2015


 

Where is Greece going?

EDITOR'S CHOICE | 18.03.2015


 

Cyprus and Russia: «Work Together and In Focused Fashion»

...The issue of Ukraine and the sanctions war against Russia initiated by the United States make surface new trends to diversify the European political landscape. This is the background against which Nicos Anastasiades, the President of Cyprus, visited Russia on February 24-27... President Anastasiades emphasized that he opposed the idea of sanctions war with Russia. It’s not just a declaration; this point of view is supported by Hungary, the Czech Republic and Slovakia. Together they constitute a force to reckon with which exerts certain influence on European politics bringing closer the day when such anomaly as anti-Russian economic sanctions will become a thing of the past...

Arkady DZIUBA | 03.03.2015


 

The Coercion of Greece

The Economist’s February 6 cover displayed the Venus de Milo statue pointing a revolver, with the headline “Go ahead, Angela, make my day.” In the editors’ upside-down world, Greece is threatening Europe, or at least Germany.  Really? On Monday, February 16, European officials “handed Athens an ultimatum: Agree by Friday to continue with a bailout program or risk the funding that the country needs to avoid a default,” the New York Times reported.

EDITOR'S CHOICE | 19.02.2015


 

History In the Balance: Why Greece Must Repudiate Its “Banker Bailout” Debts And Exit The Euro

EDITOR'S CHOICE | 05.02.2015


 

Greece, the US and the Neo-Liberal Coup

Since the onset of economic calamity in the West beginning around 2007 ‘official’ response has been framed as modest successes with a few policy errors while the reality is of remote elites and their agents enacting punitive policies under the guise of material economic constraints. In this context the election of Alexis Tsipras and Syriza in Greece appears a radical left turn while the actual economic proposals under discussion appear to be the middle-of-the-road textbook economics that preceded the neo-liberal coup of the 1970s in the U.S. And while Mr. Tsipras has greater  understanding of this economics  and strategies of economic resolution than do the European and American leadership classes, the levers of resolution remain firmly with this (mis)leadership.

EDITOR'S CHOICE | 01.02.2015


 

Germany between a rock and a hard place

We are only beginning to evaluate what SYRIZA’s victory may mean for the Eurozone. As a matter of fact, this victory is calling Germany’s bluff and forces into the open its double talk about the Eurozone. Yet, deprived as it is of room for manoeuver, Germany might react violently and indirectly provoke the dissolution of the Eurozone, even though it is presently its mean beneficiary. In order to make this understandable, we must here remember a few facts.

EDITOR'S CHOICE | 31.01.2015


 

Brussels’ New Russia Sanctions Fuel for Eventual EU Bonfire

...Moreover, the leftwing Syriza government has denounced EU sanctions against Russia as baseless and has openly welcomed fraternal relations with president Vladimir Putin and Moscow. The inauguration of Alexi Tsipras as Greek prime minister also this week marks the election of the first EU government that is explicitly anti-austerity and vowing to repudiate the authority of Brussels. The European Council, led by former Polish president Donald Tusk, decided to extend travel bans and asset freezes on a list of Russia officials allegedly over the violence in Ukraine...

Finian CUNNINGHAM | 31.01.2015


 

Can Greece Escape from a Situation Comparable to Dark Age? Yes, If Greece Realigns with Russia and Gains Financing from the BRICS

With only 37% of the vote, does Syriza have the clout to stand up for Greece against the looters? Can Greece escape from a situation comparable to the European Dark Ages when populations were ravaged by marauding raiders? Perhaps if Greece realigns with Russia and gains financing from BRICS.

EDITOR'S CHOICE | 30.01.2015




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    Nikolai BOBKIN

Yemen: Next War Begun in Middle East

With the support of other Arab countries Saudi Arabia launched airstrikes in neighboring Yemen on March 26. The aircraft attacked the positions of Shia formations in Sana, the capital of the country... Besides air operations, Saudis have pledged to contribute 150,000 soldiers with heavy weapons to the newly formed coalition including Kuwait, Bahrain, the United Arab Emirates and Qatar... Egypt has already said it is ready to send army, air force and naval units to the area. Another war has begun in the Middle East...

27.03.2015
 
 
 
 
 
 
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