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Tag Archives: by November 2013

Austerity for all: European Commission is bankrupt, needs €2.7 billion ( LOL)

The European Commission is bankrupt. If the European bureaucrats will not be able to find a €2.7 billion injection, the institution will halt its payments by the middle of November. Two days ago, EC president Jose Manuel Barroso made a desperate plea for extra cash to keep the institution afloat, …

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