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US Preparing Coup to Prevent Greece from Falling Under Russian Influence
The United States and Germany are prepared to engineer a coup in Greece to keep the country operating as a strategic asset on NATO’s vulnerable southeast European flank.
“A putsch in Athens to save allied Greece from enemy Russia is in preparation by the US and Germany, with backing from the non-taxpayers of Greece – the Greek oligarchs, Anglo-Greek shipowners, and the Greek Church,” writes...
Greeks say 'No' in crucial Bailout Referendum
More than 61 percent of Greeks have voted “No” in Sunday’s referendum on the bailout deal and austerity measures, reported the Interior Ministry after almost 90 percent of the vote had been counted.
Thousands of people took to Syntagma square in front of the Greek parliament in Athens to celebrate the ‘No’ vote, which was called “a big Yes to democratic Europe” by the country’s finance...
Bailout referendum rallies gather thousands in Athens
Two rival rallies took place in Athens on Friday. Police estimate that 25,000 came out to support the ‘No’ camp, which calls for the rejection of a new bailout deal with creditors in Sunday’s referendum, while 20,000 gathered to back the “Yes” vote.
Greece’s Prime Minister, Alexis Tsipras, who called the referendum last week to add more weight to his position in talks with creditors, addressed...
Greece after 5 years of belt tightening
The EU and its financial institutions have been pushing an austerity policy on Greece for the last five years. High unemployment, more taxes, billions of euros fleeing, and an increase in suicides mean Greeks on Sunday have to decide if enough is enough.
What happened?
In January, the left-wing Syriza party led by Prime Minister Alexis Tsipras promised to end years of austerity measures without leaving...
Greece ready to accept all bailout terms
Greek Prime Minister Alexis Tsipras is ready to accept almost all the conditions proposed by the country’s international creditors at the weekend, marking the latest attempt to keep Greece in the eurozone.
The prime minister said he would accept all of the terms proposed with just minor exceptions. He agreed to the changes in the country’s value added tax system but asked to keep a special 30...
Greek PM announces closure of banks and stock market
Greece has announced the temporary closure of banks and stock market as leaders of the US and Germany weigh in on the country’s debt crisis.
The Bank of Greece has recommended a “bank holiday and restriction of bank withdrawals” on Monday, Greek Prime Minister Alexis Tsipras announced in a statement on Sunday.
Athens stock market would also stay closed and capital controls are to...
IMF walks out of bailout talks with Greece
International Monetary Fund representatives have cut short negotiations with Greek officials in Brussels, after they failed to present a viable reform plan. The move has left Athens, due to repay €1.6 billion by the end June, on the edge of default.
“The ball is very much in Greece’s court,” IMF spokesman Gerry Rice told the media during a specially scheduled announcement, before his team...
Anti-auterity protesters occupy Greek Finance Ministry
Greek anti-austerity activists have occupied the Finance Ministry building in the capital, Athens, in protest of new austerity measures dictated by international creditors.
The protesters took down the European Union (EU) flag waving over the building and put up a banner with portrays of Prime Minister Alexis Tsipras alongside his predecessors, George Papandreou and Antonis Samaras, reading “We...
Greek economy contracts 0.2 percent, slipping back into Recession
A new report shows that the economy of Greece under SYRIZA has slipped back into recession after having contracted by 0.2 percent during the first quarter of the current year.
The report was released by the national statistics agency, ELSTAT, on Wednesday, showing the second consecutive quarterly fall in Greece’s national output, after it had grown for most of 2014, AFP reported.
The downturn, the...
Greece's Main Goal to Remain in Eurozone says Prime Minister
The communist Syria party mislead Greeks to falsely believe that Greece will exit the EU if elected but now, only 3 months later after they were elected into office, Syriza Prime Minister Alexis Tsipras says his government’s main goal is to remain in the Eurozone and find an all-European solution to the country’s financial problems, Alexis Tsipras said Thursday.
Speculations about Greece’s possible...
ECB to start printing €1.1 trillion next Monday
Following a governing council meeting of the European Central Bank it was announced that quantitative easing will begin in the eurozone from next Monday. In a desperate move to stimulate the euro, the currency used by 19 EU countries, the ECB will print money to buy €60bn worth of bonds each month. The bank has raised its eurozone economic growth forecast for this year from 1% to 1.5% but ECB President,...
Putin Orders Special Forces To Protect Greek Leaders Life “At All Costs”
A stunning new report circulating in the Kremlin today prepared by the Ministry of Foreign Affairs (MoFA) states that President Putin has ordered an immediate deployment of at least 125 special forces operatives to Greece to “insure the protection of life at all costs” of that nations new Prime Minister Alexis Tsipras. [Photo left]
According to this report, Prime Minister Tsipras took office this...
Russia might bailout Greece
Russian Finance Minister Anton Siluanov.
Greece hasn’t outright asked Russia for a loan, but Russian Finance Minister Anton Siluanov said Moscow wouldn’t rule it out. His statement comes days after Greece openly opposed further economic sanctions against Russia.
“Well, we can imagine any situation, so if such [a] petition is submitted to the Russian government, we will definitely consider...
Le Pen hails Greek anti-austerity party victory
The victory of Greece’s anti-austerity Syriza party is a monstrous democratic slap to the European Union, believes Marine Le Pen, leader of France’s far-right National Front party, adding that for her this success means “the trial of the euro-austerity.”
“I welcome the monstrous Democratic slap the Greek people has given to the European Union,” Le Pen told France’s RTL radio.
According...
Anti-EU Communists win national elections in Greece
Greece’s radical leftist party, Syriza, is leading the country’s parliamentary election, claiming 36 percent of the vote, and leaving the ruling New Democracy party in second place with 28 percent, according to the preliminary results.
The votes have so far been counted at 96.6 percent of polling stations across the country.
Greek Prime Minister, Antonis Samaras, has acknowledged defeat and congratulated...