Greece Surrenders to Troika
by Stephen Lendman Instead of renouncing its odious debt and walking away, Athens agreed to pay bankers first, maintain austerity, and let long-suffering Greeks continue taking the hindmost. SYRIZA campaign pledges proved hollow. Pleasing Brussels and… more »
Tags: greece
EU Showdown: Greece Takes on the Vampire Squid
by Ellen Brown Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they… more »
Tags: greece
The Debtor’s War: A Modern Greek Tragedy
By: Andrew Gavin Marshall Early on Thursday, 7 November 2013, Greek riot police stormed the offices of Greece’s main public broadcaster, which had been under a five-month occupation by workers who opposed the government’s decision to shutdown the… more »
Killer Capitalism - Greek crisis produces fatal medicine shortages
By Michael Collins Here is perfect example of crony capitalism. Greek leaders do a very bad deal in secret with the help of the geniuses on Wall Street. It turns out badly for he Greek people by creating an economic crisis. As he crisis worsens,… more »
Greek left gets mandate to create government - Says NO to bailout and illegal debt
By Michael Collins Wall Streeters, big banks, and their proxies in political office are all reaching for the Xanax tonight. The Greek left, led by Alexis Tsipras, is saying that there's no obligation to pay back the rotten deal handed down to the Greek… more »
European and US Working Class Politics: Right, Left and Neutered
James Petras The deepening economic crises in Europe and the United States are provoking contrasting socio-political responses from the working and middle classes. In Europe, especially among the Mediterranean countries (Greece, Spain, Portugal and… more »
Tags: anti-immigrant, bankers, cuts basic social programs, disenchantment, economic breakdown, economic crisis, economic recession, economic system, far right agenda, general strikes, greece, hard right, imperialist wars, islamophobic, labor, moslim immigrant, neo-fascist, northern europe, portugal, racist, social democratic parties, southern europe, spain, street riots, trade unions, us working class, wage pension cuts, working class
PASOK: Pan Hellenic Socialist Kleptocrats
James Petras “George Papandreou is not bought, he is rented. He sells public enterprises to the multinationals. He reduces wages, pensions and employment at the behest of the IMF. He turns over the public treasury to the European banks. He supports… more »
Icelanders egg PM as global protests condemn corruption, banksters
By Rady Ananda As proceedings begin against Iceland's former Prime Minister, Geir Haarde, for the banking crisis of 2008, at least two thousand Icelanders took to the streets in two days of protest this weekend. Iceland joins over a dozen other nations… more »
Economic Warfare? Europe versus Wall Street
Michael Collins (March 10) Wall Streets is headed toward international pariah status thanks to two recent actions by the European Union (EU). On Tuesday, the EU announced that it was banning Wall Street banks from the lucrative government bond business… more »
The Hoi Poloi v. Goldman Sachs
Numerian (Feb 15) Posted by Michael Collins with permission of the author Ask yourself who knows how much has really been borrowed by various governments around the world? Greece is turning into a battle royal between the global financial elites and the… more »
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