The head of the European Commission Ursula von der Leyen, is advocating for measures to drive Europe out of the coronavirus crisis stronger than it was before, but the cracks inside the bloc’s relations may cast a shadow on her bright projects. Hahaha what a good joke, this is too little, too late, your globalist schemes have failed, the EU will all crash and burn, riots and revolts will soon take... 

As the coronavirus claims lives, ruins livelihoods and wreaks economic havoc, tensions are rising between European Union countries over how best to respond as the pandemic overwhelms some member nations, once more raising troubling questions about the EU’s ability to stand united in times of crisis. Almost 16,000 people infected with the virus have died in Europe. Over a quarter of a million had... 

Under Viktor Orbán’s new pro-family budget, married couples who have three children will eligible to receive 30,600 euros by the Hungarian government. The government offer would come in the form of a 30,600 euro loan to couples upon their marriage. The loan would have to be repaid until the couple has three children. At that point, the debt would be forgiven, France’s Le Figaro newspaper reports. In... 

Amid escalating concerns over Italy’s burgeoning debt, discussions surrounding the potential introduction of an “alternative currency” have resurfaced, gaining momentum within the corridors of power after the European Union (EU) issued a stern warning regarding the country’s escalating fiscal liabilities. Deputy Prime Minister Matteo Salvini’s Lega party, a key player... 

The 28 member states of the European Union (EU) have a total debt burden of €12.5 trillion, which could be even bigger, according to the latest figures from the EU statistics office, Eurostat. Data shows that in the third quarter of 2017 the EU’s debt-to-GDP ratio fell from 82.9 percent to 82.5 percent when compared with the same quarter of the previous year. Greece’s general government-debt-to-GDP... 

Andrej Babis even has a trophy wife younger than him by 20 years (Monika Babišová) just like Donald Trump. With over 99 per cent of the vote counted, the party of the former communist who has now turned into populist Czech billionaire described by some as the ‘Czech Trump’ has achieved a considerable victory in the national legislative elections — with the mainstream left Social Democrat party... 

Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency. In an interview with the BBC, Malloch predicts the euro “could collapse” in the next 18 months. “I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the... 

Eurozone finance ministers will decide on Tuesday whether to sanction Spain and Portugal for breaching EU spending rules. The people who are planing to sanction Portugal and Spain are mostly of French origin. What a bunch of sore losers! This is exactly why the EU is bad! Why would the EU dictate to other countries how much they should be allowed to spend on football? Its their country they should... 

Following the British vote to leave the European Union, markets around the world slipped into free fall on Friday. Sterling fell to a low not seen since 1985, far below its value during the 2008 financial crisis. It lost parity against the dollar and the euro, but Mark Carney, Governor of the Bank of England and Chairman of the G20’s Financial Stability Board, said not to worry. The bank announced... 

Russian president Vladimir Putin has proposed a bill to the country’s legislature to eliminate the dollar and the euro from trade between member states of the Commonwealth of Independent States (CIS). A statement from the Kremlin said that Putin submitted to the State Duma a draft federal law which seeks an integrated currency market in the CIS. “This would help expand the use of national currencies... 

The Bulgarian journalists have reckoned how much is an average country citizen poorer than that of a neighbouring Greece. It turned out, that average income of the Greeks have been 3,5 times higher against that of the Bulgarians for some years. In 2013, for example, an average annual income of a Greek resident made up €8,879, that is 17,366 Bulagarian Leva. An average Bulgarian citizen got only... 

Stocks traditionally show weakness from May through October. Stocks hit their lowest point of the year on October 27th. Moreover, the Dow Jones Industrial Average began plunging right at this time of the year just prior to the financial crisis of 2008. Most people do remember the huge stock crash that happened in the fall of that year, but the market actually started to slide in May. Throughout the... 

Historically, when a nation’s debt exceeds its ability to repay even the interest, it can be assumed that the currency will collapse. Typically, governments exacerbate the situation by printing large amounts of currency notes in an effort to inflate the problem away, or at least postpone it. The greater the level of debt, the more dramatic the inflation must be to counter it. The more dramatic the... 

France has unveiled a multibillion euro cost cutting plan to be executed over two years in order to press down its deficit below the European Union’s cap. The Finance Ministry revealed on Wednesday that the country would be shaving €9 billion (USD 9.60 billion) off costs through the plan. Accordingly, some €4 billion (USD 4.26 billion) will be trimmed from the budget this year, including through... 

The euro has dived to its lowest level against the dollar in 11.5 years after the European Central Bank (ECB) announced a new stimulus program. On Friday, the euro dropped to USD 1.0963 in currency trade markets, marking the lowest level since September 2003. The record low came a day after a meeting by the ECB governing board in the Cyprus capital Nicosia, during which the central bank announced...