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George Soros worried that Coronavirus could End the EU

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Infamous billionaire and philanthropist of Left-wing causes George Soros believes that the global crisis sparked by the Wuhan coronavirus (COVID-19) pandemic could very well spell the end for the European Union. Soros made the remarks in an interview he gave to the British newspaper The Independent on Monday. “I am particularly concerned about the survival of the EU because it is an incomplete union,”... 

Croatia to start using the Euro Currency Beginning with January 2023

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The Croatian parliament has approved a law on adopting the euro on January 1, 2023. Lawmakers voted 117-13 in favor of replacing the kuna with the European single currency. Under the legislation, prices in Croatia will be displayed in both currencies from September this year, and used in parallel throughout next year. The government says the adoption of the euro should remove currency risk, reduce... 

Cost of Living in Europe Smashes All-Time High

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EU forced to admit that price hikes are not as temporary and benign as previously said. Inflation across the Eurozone surged to 5.1% in January from 5% in the previous month, despite optimistic expectations for a sharp drop to 4.4%, data from Eurostat showed on Wednesday. Inflation is now more than twice the ECB’s 2% target. The latest growth reportedly reflects the hottest rate of inflation across... 

Rothschild worried about New World economic Order

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Jacob Rothschild has voiced concern about the global financial system that was established after WWII. The trillionaire Jewish banker points to the US-China trade war and eurozone crisis as the key problems putting economic order at risk. “In 9/11 and in the 2008 financial crisis, the powers of the world worked together with a common approach. Co-operation today is proving much more difficult. This... 

Italy has no future outside the Eurozone, EU commissioner warns

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The EU commissioner is still employing bullying over Italy’s budget, insisting that Italy has “no future” outside of the Eurozone. The European Commission disagrees with Italy’s spending plans for the coming years and has asked Rome to submit a new draft budget by 13 November. So far, government ministers have refused, saying they will not change their economic plans. The EU’s Economics... 

In Five Years Euro Will Become a Thing of the Past: German Financial Analyst

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The European single currency project is doomed to failure, German financial analyst Marc Friedrich told Sputnik. While IMF boss Christine Lagarde is insisting on the Eurozone’s further economic integration, Brussels’ real objective is to tighten control over the EU member-states, which amounts to nothing short of a dictatorship, he opined. Nobody can save the euro, Marc Friedrich, an analyst... 

Projected Right-Wing Rise in Italy Challenges Eurozone Unity

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Despite the fact that last year French National Front Marine Le Pen’s plan to pull out of the Eurozone cost her votes in the presidential election, the leader of the Italian Northern League party Matteo Salvini still prefers to play the “no single currency” card, reiterating his opposition to the euro. While many Italians may be looking forward to changes in the country’s economy, ending “austerity,”... 

Europe's Elites Seem Determined to Commit Suicide by Diversity

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White people have a right to their own living space or territory, to possession of their own racial homeland, to exist within secure borders, to have and hold their own country, separate from and exclusive of other races, as a condition required for both their continued life and independence. Therefore, if we are to have an instinctive informed rejection of the new suicidal / genocidal morality then... 

EU suspends Greek debt relief over Christmas bonus for pensioners

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Greece’s European creditors have halted the country’s debt relief deal after Athens proposed a one-off payout to pensioners which contradicts Brussels’ austerity demands. The sides are struggling to agree on the latest review of Greece’s rescue plan of €86 billion. Last week they agreed on a short-term debt relief deal under which Athens must reduce its public debt by 20 percent of GDP... 

Germany Issues Ultimatum to Greece: Reform or Leave EU

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German Finance Minister Wolfgang Schaeuble told Greece to carry out unpopular reforms if it wants to stay in the Eurozone, ruling out debt relief for Athens. The warning may signal yet another emergency in the continent already beset by multiple crises. As Eurozone finance ministers prepare to meet in Brussels on Monday to discuss short-term debt relief for Greece, Schaeuble delivered an ultimatum... 

EU Sanction Portugal for "Spending Too Much On Football" after Winning Euro 2016

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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... 

JPMorgan may move staff out of UK after Brexit, warns CEO

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America’s largest bank JPMorgan Chase could move thousands of its staff from Britain if the country leaves the EU, according to Chief Executive Jamie Dimon. The possible move could be dictated by the risk of losing the EU “passporting” system, which allows banks based in the UK to offer financial services freely across the European Union. The system is considered as the most significant feature... 

UK referendum on EU membership to take place June 23

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British PM David Cameron says the referendum on EU membership will take place on June 23. The announcement comes after the leader clinched a deal with EU leaders Friday evening. He says he will “campaign with all his heart” to urge Britons to agree to remain in the bloc. “I will go to parliament and propose that the British people decide our future in Europe through an in-out referendum... 

Austerity economics ‘pointless remedy’ for EU - Italy PM

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Italy’s premier has harshly criticized the EU’s recent economic policies, describing them as a “pointless remedy” for a terminally-ill patient. Matteo Renzi censured the austerity measures imposed on many European states over the past several years and said austerity economics only has caused Europe to be left behind by the United States. “The countries that have had growth in Europe have... 

Alexis Tsipras to Step Down in September 2015, Hold Snap Elections

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Prime Minister Alexis Tsipras has confirmed his resignation and early election plans for Greece in a live address. The move comes after Athens managed to pay a huge chunk of its €3.4 billion debt to the ECB. “The political mandate of the January 25 elections has exhausted its limits and now the Greek people have to have their say,” Tsipras said in a televised address Thursday night. Tsipras... 
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