Why Spain And Italy Are Like Cyprus, Slovenia, And Greece | Zero Hedge

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Submitted by Tyler Durden on 06/21/2013 09:36 -0400   Bulgaria Greece Gross Domestic Product Italy Purchasing Power Recession   The “XXXXX is not YYYYY” jokes aside, Europe’s union of nations is beginning to separate increasingly between the haves and the have-nots. The sad truth, as Bloomberg’s Niraj Shah notes, is that recession/depression has pushed Spanish…

‘We have no future!’ EU anger unites millions in protest (PHOTOS, VIDEO)

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 original link:   https://rt.com/news/austerity-protests-eu-solidarity-727/ Published: 15 November, 2012, 05:17 Protesters take part in a demonstration during a general strike on November 14, 2012 in Valencia. (AFP Photo/Jose Jordan) (18.4Mb)embed video XEMBED To include this chart in your web page, paste the following HTML tag into your web page HTML: Massive anti-austerity strikes and protests swept…

Austerity Showdown as EU Summit Set to Open

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Published on Wednesday, October 17, 2012 by Common Dreams Hollande draws line in sand; Greek general strike   – Common Dreams staff Hollande and Merkel (Photo: Getty Images)French President François Hollande took a strong stand against the European austerity drive, headed by German Chancellor Angela Merkel, this week in his first ever newspaper interview in…

Privatization Pushback: Civil Society Slams Water Privatization Conditions for EU Bailouts

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Published on Wednesday, October 17, 2012 by Common Dreams Letter from groups to EU Commission says plan is “economically, socially and democratically flawed” – Common Dreams staff Civil society groups Wednesday are slamming the European Commission’s continued insistence that privatization of municipal water systems be a condition for receiving rescue funds, a plan the groups…

BBC News – George Soros says three months to save the euro

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4 June 2012 Last updated at 07:04 GMT George Soros says three months to save the euro Mr Soros believe the German public will soon tire of bailing out the Greeks Continue reading the main story Eurozone crisis Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the euro.…

Dutch Freedom Party pushes euro exit as €2.4 trillion rescue bill looms

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http://www.telegraph.co.uk/finance/financialcrisis/9124815/Dutch-Freedom-Party-pushes-euro-exit-as-2.4-trillion-rescue-bill-looms.html   “The euro is not in the interests of the Dutch people,” said Geert   Wilders, the leader of the right-wing populist party with a sixth of the   seats in the Dutch parliament. “We want to be the master of our own   house and our own country, so we say yes to the guilder. Bring…

Economists Predict ‘No Gain, More Pain’ for Greece

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Published on Thursday, February 23, 2012 by Common Dreams If alternatives are not pursued, Greece faces many years of economic pain along austerity path   – Common Dreams staff If the European authorities are unwilling to abandon their destructive prescription of deeper cuts and continued austerity, Greece should seriously consider a planned default and exit…

The ECB Has Opened Pandora’s Box | ZeroHedge

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Submitted by Mark Grant, author of “Out of the Box and onto Wall Street“ The ECB has Opened Pandora’s Box “I believe that banking institutions are more dangerous to our liberties than standing armies. “ -Thomas Jefferson I am not going to speculate about anything this morning. No guesses about what the Finance Ministers might…

Greeks rally against austerity steps – Europe – Al Jazeera English

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The austerity measures include a 22 per cent cut to the minimum wage [REUTERS] http://www.aljazeera.com/news/europe/2012/02/2012219133213837166.html Deep budget cuts have paved the way for approval of a new $171 billion European bailout for the debt-laden nation. Last Modified: 19 Feb 2012 18:49 Hundreds of banner-waving protesters have rallied in Athens to protest deep budget cuts that have paved the way for approval of…

Berlusconi could get five years

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Thanks to Train  – Laura Former Italian premier Silvio Berlusconi is facing several court trials Wednesday February 15 2012 http://www.independent.ie/breaking-news/world-news/berlusconi-could-get-five-years-3021249.html Italian prosecutors have demanded a five-year prison sentence for former premier Silvio Berlusconi in his trial on corruption charges. Prosecutor Fabio De Pasquale urged the court to find Mr Berlusconi guilty of having paid a…

Greece in Flames After Austerity Measures Pass

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Published on Monday, February 13, 2012 by Common Dreams Greece in Flames After Austerity Measures Pass   – Common Dreams staff Fires raged in Athens overnight with reports that more than 40 buildings had been set ablaze in a violent response to the Greek parliament’s passage of an unpopular austerity package negotiated with its European…

Thousands Hit Athens Streets Demanding End to Austerity

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Published on Tuesday, January 17, 2012 by Common Dreams Strikes affect public transportation, other services – Common Dreams staff Agencies are reporting that thousands of Greeks have taken to the streets and have taken part in strikes in ongoing protests over the country’s harsh austerity measures. Greece has entered its fifth consecutive year of austerity-fuelled recession,…