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Keyword: eu

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  • Greenfield: Socialismís Greek Staring Contest

    07/06/2015 4:06:57 AM PDT · by Louis Foxwell · 5 replies
    FrontPage ^ | Daniel Greenfield
    Socialismís Greek Staring Contest The day will come when America faces its own inner Greece. July 5, 2015 Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. The Greeks gambled in their referendum that European elites were more committed to their ideological obsession with integrating Europe than with mere economics. Stand up to a bunch of corrupt Greek civil servants and Europe risks going back to the bad old days of nation states and independent economies. It is likely that their bet will pay off. After all even a cursory...
  • Quartet of crises threatens Europe's core

    07/05/2015 2:57:24 PM PDT · by 867V309 · 8 replies
    news.yahoo.com ^ | 4-5-2015 | Paul Taylor
    The EU's unity, solidarity and international standing are at risk from Greece's debt, Russia's role in Ukraine, Britain's attempt to change its relationship with the bloc, and Mediterranean migration.
  • Greek referendum results live: 'No' vote to Europe's bail-out terms as Greeks choose to deal

    07/05/2015 12:53:32 PM PDT · by Lurch Addams · 85 replies
    Telegraph ^ | 7/5/2015 | Mehreen Khan
    Greek referendum results live: No vote to eurozone bail-out deal leads by 60 per cent. After 20pc of the vote is counted, Greeks look to have voted 'No' with a 60pc majority against Europe's bail-out conditions
  • Farage on Friday: The EU does NOT care about what is best for Greece

    07/04/2015 7:47:22 PM PDT · by dynachrome · 14 replies
    Sunday Express ^ | 7-3-15 | NIGEL FARAGE, MEP
    As my colleague Patrick OíFlynn recently pointed out in the Daily Express, the bullying of Greece by the EU has stepped up a notch. Threats, scaremongering and fear is being put about to keep that country locked within the Euro straightjacket. All those running the EU care about is their project. They care not for the best wishes of the Greek people, but simply for sustaining the economic madhouse they themselves have created. Locked inside the Euro, the Greek people have been long-suffering. Quite simply, the European Union is quite happy to see Greece crucified as long as the shattered...
  • The Greeks should vote ďno!Ē

    07/04/2015 10:27:15 AM PDT · by Tolerance Sucks Rocks · 60 replies
    The Washington Times ^ | July 2, 2015 | Peter Morici
    Sunday, Greeks should vote ‚Äúno‚ÄĚ!Hellenic voters are being asked whether they accept the terms offered by the European Union, European Central Bank and International Monetary Fund to extend the bailout for Athens‚Äė troubled finances or give Prime Minister Tsipras a mandate to insist on a better deal.Those conditions include more cuts in government supported pensions, higher taxes and labor market reforms other European governments‚Äô are often not inclined to accept in the conduct of their own affairs.Urging a Yes vote, European leaders and their supporters in private institutions claim more austerity would reinvigorate the Greek economy and permit Greeks to...
  • Over 260,000 Austrians sign petition on EU exit

    07/02/2015 7:18:55 PM PDT · by aMorePerfectUnion · 14 replies
    PressTV ^ | 7-2-15
    More than 260,000 people in Austria have signed a petition urging the Austrian government to leave the European Union (EU). According to reports on Thursday, as many as 261,159 Austrians signed the petition. The number in total represents 4.12 percent of the country's electorate. Since under the country's regulations the threshold for calling a debate on a potential referendum is 100,000 people, the Austrian parliament must discuss a referendum on leaving the EU. The call for leaving the EU was most popular in the regions of Lower Austria and in Carinthia where 5.18 percent and 4.85 percent of potential voters,...
  • Opinion: Europeís war on Greek democracy

    06/29/2015 3:05:24 PM PDT · by Hojczyk · 15 replies
    Market Watch ^ | June 29,2015 | Joseph E. Stiglitz
    In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics. Of course, the economics behind the program that the ďtroikaĒ (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25% decline in the countryís gross domestic product. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greeceís rate of youth unemployment, for...
  • Greece to Default on $1.73 Billion IMF Payment

    06/29/2015 10:37:02 AM PDT · by catnipman · 70 replies
    wall street journal ^ | 6/29/2015 | Gabriele Steinhauser and Nektaria Stamouli
    ... Greek Prime Minister Alexis Tsipras spoke by phone with Mr. Juncker and European Parliament President Martin Schulz and asked for help getting an extension to the bailout, a Greek government official said. ďThe Greek prime minister [Tsipras]expressed the position that the democratic expression of the Greek people is hindered by the closure of banks, which doesnít apply with the democratic tradition of Europe,Ē the official said. ... Mr. Tsipras and his government are calling on Greeks to vote ďnoĒ to send a signal to Europe and the IMF
  • The sooner Greece defaults and dumps the Euro the better

    06/28/2015 6:46:15 PM PDT · by Tolerance Sucks Rocks · 17 replies
    The Washington Times ^ | June 26, 2015 | Peter Morici
    <p>Greece and its principal creditorsóthe European Union, European Central Bank and International Monetary Fundóshould acknowledge that Athens will never be able to repay the Ä131 billion it owes, write down its debt and let the Aegean nation exit the euro gracefully.</p>
  • Greek banks 'to stay shut on Monday'

    06/28/2015 10:10:25 AM PDT · by tcrlaf · 144 replies
    BBC News ^ | 6-28-2015 | BBC News
    Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens This breaking news story is being updated and more details will be published shortly
  • Ballot Language of Greek Plebiscite on EU "Deal"

    06/28/2015 1:12:17 PM PDT · by catnipman · 8 replies
    Various ^ | 6/28/2015 | self
    Obtained from various sources: Greeceís referendum question will apparently read as follows: ďGreek people are hereby asked to decide whether they accept a draft agreement document submitted by the European Commission, the European Central Bank and the International Monetary Fund, at the Eurogroup meeting held on on June 25 and which consists of two documents: ĎĎThe first document is called Reforms for the Completion of the Current Program and Beyond and the second document is called Preliminary Debt Sustainability Analysis. ĎĎ- Those citizens who reject the institutionsí proposal vote Not Approved / NO ĎĎ- Those citizens who accept the institutionsí...
  • Across spectrum, German leaders condemn Greece's rejection of EU deal

    06/28/2015 12:16:36 PM PDT · by Berlin_Freeper · 46 replies
    reuters.com ^ | Jun 29, 2015 | reuters
    German leaders right and left unleashed a barrage of criticism at Greece Prime Minister Alexis Tsipras on Sunday for rejecting an offer that could have unlocked rescue funds to resolve the debt crisis. Chancellor Angela Merkel's allies and the leaders of her centre-left coalition partners condemned Greece's leftist government, reflecting pent-up public frustration. Germany is the biggest European contributor to the bailout programmes that have kept Greece afloat for the past five years. Opinion polls now show a majority of Germans want Greece to leave the euro zone.
  • Greece debt crisis: ECB 'to end' bank emergency lending

    06/28/2015 4:54:27 AM PDT · by GunningForTheBuddha · 4 replies
    BBC News ^ | 6/28/2015
    The European Central Bank is expected to end emergency lending to Greece's banks on Sunday, the BBC understands.Well-placed sources told BBC economics editor Robert Peston a decision to end the Emergency Liquidity Assistance (ELA) would be made by the ECB's governing council later on Sunday.Greek banks depend on ELA.Cutting the lifeline could push Greece out of the euro. Some analysts have tweeted that the ECB is likely to cap, but not end, the ELA.
  • Eurozone ministers reject Greek bailout extension: sources

    06/27/2015 8:25:22 AM PDT · by Enlightened1 · 13 replies
    urozone finance ministers refused Saturday to extend Greece's bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP. The ministers "rejected an extension of the aid programme" at a meeting in Brussels, hours after Greek Prime Minister Alexis Tsipras called the plebiscite on the bailout proposal for July 5.
  • The Queen hints at desire for Britain to remain in European Union

    06/25/2015 1:13:36 PM PDT · by Berlin_Freeper · 26 replies
    theguardian.com ^ | 24 June 2015 | Kate Connolly
    Her speech, weaving historical events with present crises, was replete with some subtle and other not so subtle hints that she believed Britain belonged in the European Union Ė her most public stance yet that she wished to avoid Britain voting to leave in a referendum.
  • Running Out Of Cash, Greece Returns To Coal

    06/23/2015 9:36:23 AM PDT · by george76 · 12 replies
    Canada Free Press ^ | June 22, 2015 | Dr. Benny Peiser
    Greeceís energy minister Lafazanis said that [the coal-fired power plant] Ptolemaida V is required since renewable power plants are intermittent and endanger the countryís energy security. In May, Lafazanis sent a letter to the European Commission asking permission to operate the Ptolemaida III, a separate coal plant that is shut down due to its very old technology that pollutes the environment enormously. One of Lafazanis arguments was ďthe economic crisis in Greece, which makes the need for keeping the cost of energy for householdsí heating as low as possible.Ēó.. Polandís leading opposition party is seeking to negotiate exemptions from the...
  • Far-right surges in Croatia as EU disappointment spreads

    06/23/2015 9:45:21 AM PDT · by Ravnagora · 4 replies
    Yahoo News/AP ^ | June 23, 2015 | DUSAN STOJANOVIC and DARKO BANDIC
    ZAGREB, Croatia (AP) ó It was one of the biggest nights in Croatia's sporting calendar: a European Championship soccer qualifying match with Italy. Seconds after kick-off in a game beamed around the world, a gigantic swastika materialized on the pitch under the shocked gaze of European soccer officials. The swastika, sprayed by an unknown vandal with a chemical that became visible only when floodlights went on to start the game, has become the most potent symbol of a rise in ultra-nationalist sentiment that appears to be bleeding into the mainstream population in the European Union's newest member state. But it's...
  • Britain needs to get a better deal from Brussels or leave the European Union, major new study argues

    06/21/2015 5:29:30 PM PDT · by NRx · 3 replies
    The Telegraph ^ | 06-21-2015 | James Kirkup
    David Cameron should lead Britain out of the EU if he is unable to secure a veto for the UK over European laws, win back control over employment rules and permanently protect the City from Eurozone regulations, a group of business leaders and economists has said. Unless the Prime Minister can achieve a fundamental change in Britainís relationship with Brussels, the countryís households and businesses will be better off if the UK ops to leave the EU, the report concludes. The study, entitled Change, or Go, is the most detailed, fact based report produced to date on the UK's membership...
  • Putin: Russian pipeline project to help Greece pay its debt

    06/20/2015 5:29:04 AM PDT · by sheikdetailfeather · 13 replies
    AP ^ | 6-20-2015 | SANDY MACINTYRE and NATALIYA VASILYEVA
    ST. PETERSBURG, Russia (AP) -- Russian President Vladimir Putin said after Friday's talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece was not discussed. Speaking of the pipeline deal at a meeting with top executives of global news agencies, including The Associated Press, which began nearly three hours behind schedule at around midnight, Putin said he saw no support for the Greeks from the EU. "If EU wants Greece to pay its debts it should be...
  • FelxIS Ė A Missile That is More Than the Sum of its Parts

    06/17/2015 6:25:13 AM PDT · by sukhoi-30mki · 7 replies
    Defense Update ^ | 14, 2015
    MBDA is introducing today at the Paris Air Show a new, modular approach to missile design, as part of its traditional ĎConcept Visioní theme. The new design dubbed ĎFlexISí is designed in standard diameters and comprises a common bus and flight control system, modular, contactless interface linking the seeker bay in the front and modular processor bank, providing the missileís brain, located at the center. The rear part is also modular, accepting a variety of propulsion modules Ė miniature turbojet, single or dual pulse rocket with different propellant capacity supporting a broad range of applications. Different warheads can be used,...
  • Greece, creditors dig in after debt talks founder (EU preparing for 'state of emergency')

    06/15/2015 9:40:38 AM PDT · by Enlightened1 · 20 replies
    Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a "state of emergency". Leftist Prime Minister Alexis Tsipras ignored pleas from European leaders to act fast. Instead he blamed creditors for Sunday's breakdown of the cash-for-reform talks, the biggest setback in long-running negotiations to unlock aid for Greece. Athens now has just two weeks to find a way out of the impasse before it faces a 1.6 billion euro repayment due to the...
  • Why Is The EU Forcing European Nations To Adopt ĎBail-Iní Legislation By The End Of The Summer?

    06/14/2015 4:05:38 AM PDT · by SkyPilot · 43 replies
    The Economic Collapse Blog.com ^ | June 5th, 2015 | by Michael Snyder
    Why Is The EU Forcing European Nations To Adopt 'Bail-In' Legislation by the End of the Summer? Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact "bail-in" legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two months from this moment, that puts us in early August. So clearly the European Union wants everything to be squared away by the end of the summer. Is...
  • Europeís economic war on Israel [Zechariah 5]

    06/12/2015 12:11:59 PM PDT · by Jan_Sobieski · 3 replies
    New York Post ^ | 6/11/2015 | Benjamin Weinthal
    When it comes to dealing with the increasing calls to boycott, divest from and sanction Israel, the United States and Europe are moving in two opposite directions. Last week, South Carolina Gov. Nikki Haley signed into law legislation that bars public entities from conducting business with companies that discriminate against Israel. Itís the first of its kind, though other states are likely to follow suit. Meanwhile, growing displeasure with the frozen Israeli-Palestinian peace process has led European Union countries to call to label products from settlements in disputed territories in the West Bank and the Golan Heights, as well in...
  • TPP the European Union of North America

    06/11/2015 6:43:55 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 06/11/15 | Judi Mcleod
    Santa Claus is on his way to 12 TPP nations and packing grift for many more Overnight the long suspected nightmarish North American Union (NAU) has come true. Even though its creators have tagged it with a much more benign-sounding, all-encompassing name, Trans-Pacific Partnership (TPP), itís the equivalent of taking North AmericaóAmerica in decline in particularóoff life support. Theyíre pulling the plug on North American sovereignty and getting away with it by passing off the TPP under the sugar coating of ĎFree Trade For Allí. Santa Claus is on his way to 12 TPP nations and packing grift for many...
  • EU: Iranian Regime is the Heart of Crisis in the Middle East

    06/07/2015 2:12:09 AM PDT · by Keyvan Salami · 15 replies
    Iran News Update ^ | June 07, 2015 | Keyvan Salami
    More than 220 members of the European Parliament issued a statement, this week, warning about the flagrant rise of breaches of human rights in Iran. They have asserted that Iranian regime is the heart of the crisis in the Middle East. Many representatives in the European Parliament have already declared they will participate in this yearís Iranian resistance reunion. The meeting will take place in Paris on June 13th.
  • EU Calls for Peace Talks to Resume Immediately

    05/27/2015 3:37:58 PM PDT · by Eleutheria5 · 12 replies
    Arutz Sheva ^ | 27/5/15
    EU foreign policy chief Federica Mogherini called Wednesday on Israel and the Palestinian Authority (PA) to resume peace negotiations, saying the situation on the ground was "not sustainable," according to AFP. Mogherini issued the remarks after eyewitnesses said the Israeli Air Force (IAF) carried out four strikes on terror targets in Gaza on Wednesday, hours after terrorists launched five rockets at civilians in the Jewish state. "We see the situation on the ground as not sustainable and (it is) an illusion to think the status quo is an option," Mogherini said at the opening of an annual meeting in Brussels...
  • EU countries' resistance could frustrate migrant relocation plan

    05/27/2015 12:11:47 PM PDT · by DUMBGRUNT · 5 replies
    REUTERS ^ | 27 may 15 | Adrian Croft
    A European Union plan to disperse 40,000 migrants from Italy and Greece to other member countries met with resistance on Wednesday, with Britain saying it would not participate and some eastern states calling for a voluntary scheme.
  • France and Germany agree closer eurozone ties without EU treaty change

    05/26/2015 12:42:03 AM PDT · by Berlin_Freeper · 4 replies
    theguardian.com ^ | 26 May 2015 | Ian Traynor, Frances Perraudin
    Germany and France have forged a pact to integrate the eurozone without reopening the EUís treaties, in a blow to David Cameronís referendum campaign. Sidestepping Britainís demands to renegotiate the Lisbon treaty and Britainís place in the EU, the German chancellor, Angela Merkel, and the French president, FranÁois Hollande, have sealed an agreement aimed at fashioning a tighter political union among the single-currency countries while operating within the confines of the existing treaty.
  • Greece says it will default in June without aid from lenders

    05/24/2015 3:55:41 PM PDT · by SeekAndFind · 51 replies
    Ekathimerini ^ | 05/24/2015 | Renee Maltezou & Angeliki Koutantou
    Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default. Prime Minister Alexis Tsipras's leftist government says it hopes to reach a cash-for-reforms deal in days, although European Union and IMF lenders are more pessimistic and say talks are moving too slowly for that. Greek officials now point to a race against the clock to clinch a deal before payments totaling about 1.5 billion euros ($1.7 billion) to the IMF...
  • Over 200,000 Greeks Apply For Humanitarian Crisis Relief

    05/19/2015 8:12:39 AM PDT · by SeekAndFind · 10 replies
    Zero Hedge ^ | 05/19/2015 | Tyler Durden
    UPDATE: Greek Default Would Mean Poverty Trap, Dijsselbloem Tells VNThe Humanitarian Crisis Relief program was one of the top priorities of the SYRIZA-Independent Greeks coalition government and it was pushed forwards despite the Troika-Institutions objections. After the EU leaders Summit end of March, EU Commission President Jean Claude Juncker had announced to release 2 billion euro to tackle the Greek humanitarian crisis. While it is not clear if Juncker sent the money or not, As KeepTalkingGreece reports, 212,897 Greeks have so far submitted requests to be part of the Humanitarian Crisis Relief Program. †The majority of the needy seek...
  • British Election: Repercussions for America

    05/14/2015 11:57:43 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | May 14, 2015 | John Browne
    The British General Election, on May 7th, was an epic in two respects. First, in spite of polls forecasting a hung parliament, David Cameron's Conservative Party was given unexpectedly large support, winning 331 seats, or 51 % for an overall majority of four, and showing once again the failure of left wing parties to make traction in Europe. Second, Nicola Sturgeon's Scottish Nationalists Party (SNP) swept the Labour Party aside in Scotland to achieve an unexpected landslide and rekindle Scottish pressure for independence and, with it, a threat to the continued cohesion of the United Kingdom. Likely there will be...
  • Conservative Voters Give Pollsters Politically Correct Answers . . . and Then They Vote

    05/10/2015 11:00:45 PM PDT · by Cincinatus' Wife · 62 replies
    National Review ^ | May 10, 2015 | John Fund
    The website of Nate Silver, the American polling expert, surveyed all of Britainís public-opinion surveys on Election day in Britain and declared that the chance that David Cameronís Conservatives would win a majority of seats ďwas vanishingly small when the polls closed ó around 1 in 500.Ē But that is precisely what happened, leading Nate Silver to write a piece titled ďThe World May Have a Polling Problem.Ē He listed the errors that overtook ďprobably the four highest-profile elections of the past year, at least from the standpoint of the U.S. and U.K. mediaĒ: 1) The final polls in the...
  • Our goal is an EU army says Germany's defence chief:

    05/08/2015 1:11:33 AM PDT · by Berlin_Freeper · 13 replies
    dailymail.co.uk ^ | 4 May 2015 | Jack Doyle
    An EU army is Germanyís Ďlong term goalí according to one of its ministers. Ursula von der Leyen called for defence cooperation to be strengthened so that the continent can respond quickly to international crises.
  • E.U. Charges Russian Energy Giant Gazprom With Abusing Its Dominance

    04/22/2015 5:05:38 AM PDT · by McGruff · 4 replies
    NY Times ^ | APRIL 22, 2015 | JAMES KANTER
    European antitrust regulators on Wednesday charged the Russian energy giant Gazprom with abusing its dominance in natural gas markets, a move amounting to a direct challenge to the authorities in Moscow. The European Commission, the European Unionís executive arm, said that unfair pricing might have resulted in higher gas prices in Bulgaria, Estonia, Latvia, Lithuania and Poland, which have long been wholly or substantially dependent on Russian gas. In those countries, the commission said, Gazprom was suspected of charging wholesalers prices that were significantly higher compared with the companyís costs or to benchmark prices.
  • Breaking -EU to File Antitrust Charges Against Google

    04/14/2015 1:00:38 PM PDT · by tcrlaf · 15 replies
    Yahoo News ^ | 3-14-2015 | Valentina Pop and Tom Fairless
    Europeís antitrust regulator has decided to file formal charges against Google Inc. for violating the blocís antitrust laws, a person familiar with the matter said on Tuesday, stepping up a five-year investigation that is set to become the biggest competition battle in Brussels since the European Unionís pursuit of Microsoft Corp. a decade ago. EU antitrust chief Margrethe Vestager made the decision on Tuesday in consultation with European Commission President Jean-Claude Juncker and will inform her fellow EU commissioners at a meeting on Wednesday, the person said
  • Poland to build Russia border towers at Kaliningrad

    04/08/2015 8:46:43 PM PDT · by WhiskeyX · 12 replies
    BBC ^ | 6 April 2015 | BBC
    Poland is to build observation towers along its land border with the Russian exclave of Kaliningrad, according to a Polish news agency.
  • In Russia-West tug of war, Moldova sees EU as only option

    04/08/2015 6:33:07 AM PDT · by WhiskeyX · 7 replies
    Yahoo! News ^ | 8 April 2015 | Mihaela Rodina AFP
    Chisinau (AFP) - Moldova's decision to sign key trade and political agreements with the European Union has cost it dearly, as its giant trading partner Russia swiftly punished it through an embargo strangling its farm and wine industries. Nevertheless, in the tug of war between the West and Russia, Moldova's foreign minister told AFP that there can only be one option for the former Soviet state -- EU membership.
  • Lies must be revealed: Lithuanian President on Russian propaganda

    04/07/2015 3:55:33 AM PDT · by WhiskeyX · 7 replies
    The Baltic Times ^ | 2015-03-20 | from wire reports and TBT staff
    At their meeting in Brussels, the heads of European countries will be looking for ways to combat disinformation spread by Russia. The European Council will address for the first time the influence of disinformation disseminated by Russia on EU citizens. The heads of the European Union Member States will also obligate the high representative of the union for foreign affairs and security policy to prepare a general EU strategic communication action plan to oppose the information war carried out by Russia and to ensure the security of the European public sphere. "Information security will be addressed on the initiative of...
  • Iran Nuclear Talks: "Good News" Coming

    04/02/2015 11:33:04 AM PDT · by Biggirl · 36 replies
    Breitbart.com ^ | April 2,2015 | Associated Press
    LAUSANNE, Switzerland (AP) ó Iran and six world powers have agreed on the outlines of an understanding to limit Iranís nuclear programs, negotiators indicated Thursday, as both sides prepared for announcements.
  • Iran, EU hint at breakthrough in nuclear talks

    04/02/2015 10:20:50 AM PDT · by TangledUpInBlue · 12 replies
    CNN ^ | 4/2 | Elise Labott and Jethro Mullen
    Significant agreements regarding Iran's nuclear program have been reached, according to tweets by officials ahead of a planned joint statement. "Found solution," Iranian Foreign Minister Javad Zarif tweeted. "Solutions on key parameters" reached, Iranian President Hassan Rouhani said on Twitter. The European Union's foreign policy chief, Federica Mogherini, tweeted, "Good news," regarding the talks.
  • Leave Facebook if you don't want to be spied on, warns EU

    03/27/2015 4:46:43 PM PDT · by BenLurkin · 11 replies
    GuardianUK ^ | Samuel Gibbs
    The European Commission has warned EU citizens that they should close their Facebook accounts if they want to keep information private from US security services, finding that current Safe Harbour legislation does not protect citizenís data. The comments were made by EC attorney Bernhard Schima in a case brought by privacy campaigner Maximilian Schrems, looking at whether the data of EU citizens should be considered safe if sent to the US in a post-Snowden revelation landscape. ďYou might consider closing your Facebook account, if you have one,Ē Schima told attorney general Yves Bot in a hearing of the case at...
  • EU plans to pressure Israel as diplomat warns of 'collision course' [Netanyahu & Israel]

    03/25/2015 8:00:08 AM PDT · by Star Traveler · 7 replies
    YNetNews ^ | Wednesday, March 25, 2015 | Elior Levy
    Leaked report outlines 40 suggestions to sway Israeli policy; EU source: more chance of implementation in wake of Netanyahu rejection of Palestinian state. A European Union report obtained by Ynet on Wednesday outlines suggestions on how to pressure Israel into returning to negotiations, in a list of 40 possible decisions. An EU diplomatic source told Ynet that there was a definite chance that the recommendations in the report, which the member states have yet to approve, were more likely to be implemented following Prime Minister Benjamin Netanyahu's statement during his election campaign that a Palestinian state would not be created...
  • Leaving Kosovo: Exodus of young people as frustration soars

    03/23/2015 4:59:25 PM PDT · by Dragonfly · 13 replies
    BBC ^ | March 23, 2015 | Guy De Launey
    Leaving Kosovo: Exodus of young people as frustration soars By Guy De Launey BBC News, Kosovo 22 March 2015 From the section Europe "We are like two million birds in one cage, but we are hoping for a better life" The scene in Mitrovica's 7 Arte Cafe seems convivial enough. Fairy lights twinkle, a mixture of Albanian and English-language hits play over the sound system and the 20-somethings gathered around the tables regularly break into laughter. But the joviality papers over a grim reality for these young people. Kosovo may have unilaterally declared independence from Serbia seven years ago, but...
  • EU Planning Sanctions on Israel for 'Polarizing Jerusalem'

    03/20/2015 1:39:51 PM PDT · by Star Traveler · 54 replies
    Arutz Sheva ^ | Friday, March 20, 2015 | Elad Benari
    A new European Union (EU) report says that Jerusalem is at a ďboiling pointĒ and recommends sanctions against Israel over the ďpolarizationĒ in the capital. The leaked report comes after Israeli officials said in February that EU member states were readying themselves to enforce sanctions on Israel and will strike hours after the March 17 elections. The report, obtained by the British Guardian on Friday, says that Jerusalem has reached a dangerous boiling point of ďpolarization and violenceĒ not seen since the end of the second intifada in 2005. The report calls for tougher European sanctions against Israel over its...
  • The E.U. Experiment Has Failed

    03/16/2015 8:23:01 PM PDT · by annalex · 33 replies
    Hoover Institution ^ | March 5, 2015 | Bruce Thornton
    The E.U. Experiment Has Failedby Bruce ThorntonThursday, March 5, 2015 The slow-motion crisis of the European Union is the big story that rarely gets the attention it deserves. Even an event like the recent terrorist attack in France that left 17 dead is often isolated from the larger political, economic, and social problems that have long plagued the project of unifying the countries of Europe in order to harness its collective economic power, and to avoid the bloody internecine strife that stains its history. On the economic front, the E.U.ís dismal economic performance over the last six years was summed...
  • ECB Prepares For Grexit, Anticipates 95% Loss On Greek Debt

    03/18/2015 7:30:07 AM PDT · by SeekAndFind · 8 replies
    Zero Hedge ^ | 03/18/2015 | Tyler Durden
    Dear Greek readers: the writing is now on the wall, and it is in very clear 48-point, double bold, and underlined font: when the ECB "leaks" that it is modelling a Grexit, something Draghi lied about over and over in 2012 and directly in our face too, take it seriously, because it is time to start planning about what happens on "the day after." And incidentally to all those curious what the fair value of peripheral European bonds is excluding ECB backstops, the ECB has a handy back of the envelope calculation: a 95% loss. Which also is the...
  • Greek PM To Meet With Putin Amid Cash Crunch

    03/17/2015 12:23:33 PM PDT · by tcrlaf · 6 replies
    Zerohedge ^ | 3-16-2015 | Durden
    With Greece digging around in the couch cushions to try and scrape up Ä2 billion by Friday in order to make payments to the IMF, the ECB, and Goldman, and with celebrity FinMin Yanis Varoufakis doing his absolute best to sink the entire ship with a series of epic PR faux pas, one is left to wonder just where Athens will turn when Berlin and Brussels finally reach the end of their ropes with what increasingly looks like gross incompetence in the Aegean. We may have gotten the answer to that question today via Reuters: Greek Prime Minister Alexis Tsipras...
  • The #ALBA dawn of a new Europe (Italy)

    03/16/2015 11:27:28 AM PDT · by Lorianne · 3 replies
    ďThey are telling us that the European economy is in recovery because the reforms are working. And the government has been celebrating the 0.1% growth in GDP in the first quarter of 2015 as a trophy. The reality is, however, that: - since 2010, our GDP has lost 10 points; - since the beginning of the crisis about 100 thousand companies have gone bust with the loss of more than a million jobs, and out of every hundred young people, fifty are without a job. And (as we hope others will do), we can examine the state of our country...
  • Europe Has A Modest Proposal For Greece: "Don't Pay Wages For One Or Two Months"

    03/13/2015 10:24:02 AM PDT · by tcrlaf · 22 replies
    zerohedge ^ | 3-13-2015 | durden
    The Greek liquidity, pardon "cash flow" problems are so bad, not only Zero Hedge, but also Bloomberg has launched a daily maturity tracker of how much money Greece has to pay either to the IMF or to prefund T-Bill rollovers. This is what Bloomberg blasted out earlier today: Greece is preparing for another week of hurdles that ends with a ~EU2b repayment on March 20. Most economists say that it will be difficult for Greece to get past end of March without fresh EU funds. Hereís a timeline of the most important events scheduled this week: Monday, March 16: Greece...
  • Is the European Union Dying?

    03/13/2015 7:19:26 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | March 13, 2015 | Pat Buchanan
    As the European Coal and Steel Community of Jean Monnet evolved into the EU, we were told a "United States of Europe" was at hand, modeled on the USA. And other countries and continents will inevitably follow Europe's example. There will be a North American Union of the U.S., Canada and Mexico, and a Latin America Union of the Mercosur trade partnership. In an essay, "The E.U. Experiment Has Failed," Bruce Thornton of Hoover Institution makes the case that the verdict is in, the dream is dead, the EU is unraveling, One Europe is finished. Consider, first, economics. In 2013,...