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Greece

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Capitalism At Work — Paul Craig Roberts

Zero Hedge reports a story from “Keep Talking Greece” that first appeared in  The Times . According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced large numbers of young Greek women into prostitution. The large increase in the supply of women offering sexual services has dropped the price to 4 euros an hour. That’s $4.24, enough for a cheese pie or a sandwich, the value that bankster-imposed austerity has placed on an hour’s use of a woman’s body. The half hour price is $2.12. They don’t even get the minimum wage.

EDITOR'S CHOICE | 30.11.2015


 

Captain Tsipras оn Stormy European Sea

In many ways, Alexis Tsipras’ victory in the recent early parliamentary elections is even more significant than the Syriza coalition’s success in January or even the results of the July referendum on Greece’s relationship with its creditors. The radical left party’s first rise to power was ‘by contradiction’ – a response to the majority of voters’ disillusionment in the demagogy and impotence of the former ‘pillars’ of the Greek political stage represented by the New Democracy politicians and PASOK. Now it seemed that this factor would work against Tsipras, but it didn’t...

Pyotr ISKENDEROV | 27.09.2015


 

Whitewashing the IMF’s Destructive Role in Greece

This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council and IMF “troika” has inflicted on Greece and is now intending to do the same to southern Europe.

EDITOR'S CHOICE | 01.09.2015


 

Modern Greek Drama Plot Twist

To be able to follow the twists and turns in the Greek drama, we need to remember that after the 2008 crisis, the Troika of creditors (the ECB, the IMF and the European Commission) imposed external economic governance on Greece, calling it «assistance» and «escape from default». The Troika was not saving Greece, but the money of Greek government bond holders – German, French and American banks – by cutting social expenditure and selling state-owned property (first and foremost to Germans)...

Vladimir NESTEROV | 30.08.2015


 

Macedonian Government Cracks Down on Refugees

The Macedonian government opened its border with Greece on Sunday after several thousand refugees broke through the police barricades there on Saturday.

EDITOR'S CHOICE | 26.08.2015


 

Germany and France: Leading Actors in Greek Drama (II)

Germany wants to play the leading role when it comes to financial and economic issues regarding other states of eurozone. It meets the immediate interests of its big business which uses the debt situation to its advantage by accumulating assets abroad. The European Commission, which in some cases resists the pressure from Berlin, directed attention to the fact.

Pyotr ISKENDEROV | 21.08.2015


 

Battle for Europe

Late last week the Greek Parliament bowed to Berlin’s will and voted to support a package of austerity reforms. This step will come at a steep political price, as it will deepen the split in the ruling SYRIZA party. According to the British newspaper The Guardian, Panagiotis Lafazanis, the leader of the party’s Left Platform and former energy minister, has pledged to «smash the eurozone dictatorship», and Zoe Konstantopoulou, the speaker of the Hellenic Parliament, has stated that she is «not going to support Prime Minister Alexis Tsipras anymore»...

Vladimir NESTEROV | 21.08.2015


 

Germany and France: Leading Actors in Greek Drama (I)

The debates about the future of Greece are acquiring a political-geographical dimension. The interests and opinions are divided between two leading European power centers – the northern one led by Germany and the Mediterranean headed by France. The arguments and conclusions are opposing. The widening gap directly threatens the ability of the European Union to act as one economic and political entity...

Pyotr ISKENDEROV | 20.08.2015


 

Does the Greek Bailout Pave the Way for the United States Of Europe?

Illusions are at play in the modern tragedy that is the Greek economic system, particularly when it comes to notions of who benefits most from the latest bailout.

EDITOR'S CHOICE | 08.08.2015


 

EU’s Greek Austerity Plan Rejected By The IMF - Paul Craig Roberts

I have maintained since the so-called Greek Debt “crisis” began back in 2010, I believe it was, that the imposition of austerity on Greece could not possibly work and that the only solution was to write down the debt to a level that Greece could service and introduce reforms that loosen the hold the oligarchs have on the Greek economy. The current Greek government has taken the same position, and now the IMF has joined us.

EDITOR'S CHOICE | 01.08.2015




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    Nikolai BOBKIN

Geneva Peace Talks Suspended: Syria Faces Further Escalation of Conflict

The Syrian opposition has stymied the UN-sponsored peace talks in Geneva. Having refused a dialogue with the delegation of the Syria Arab Republic, its delegation left the talks. UN special envoy Staffan de Mistura halted the negotiation process until February 25...

11.02.2016
 
 
 
 
 
 
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