Tag Archives: Euro-crisis

I always knew, the EU officials had no idea about the real life in Europe, the real economic and social situation of EU- citizens and – taxpayers who come up for their expenses. And now this is officially confirmed, through an internal EU-Commission report asking for salary increases hikes and claiming “there …

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Ufff! The euro is saved. And together with euro, we, debt-ridden European Southerners, are save too. Head of European Central Bank, Mario Draghi announced on Thursday, that the ECD will buy bonds of countries in debt crisis until they recover. Draghi’s decision comes despite Germany’s objections fearing that member states …

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 Is German Chancellor Angela Merkel trying to save the euro? Despite German claiming so, The Economist believes rather the opposite. That Merkel is trying to break up the euro. Angela Merkel is been featured contemplating on the euro future – next to her a bottle of whiskey and a cup of  …

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Head of European Central Bank, Mario Draghi, is expected to announce some measures to save the euro. While the markets anticipate to hear the news, normal citizens and taxpayers of the European Union and the euro zone try to figure out what’s the importance of Draghi’s intervention and how these will affect …

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German Chancellor Angela Merkel and Italian Prime Minister Mario Monti have “agreed to do everything to protect the euro”. This comes from a German government statement issued in Berlin on Sunday after Merkel had a telephone conversation with Monti. On Friday a statement almost-identical in wording was issued by Merkel and French …

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Hungary’s Prime Minister Viktor Orban sharply criticized EU officials in general and Brussels in particular saying that “EU Officials are wasting time on toys for pigs and the mood of geese” while hundreds of thousands of EU citizens lose their jobs and the EURO is collapsing. Hungary is an EU but …

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 US-Treasury’s Assistant Secretary for International Finance Charles Collyns had a meeting with Greek Finance Minister Yiannis Stournaras in Athens on Wednesday morning. According to Greek media, Charles Collyns expressed the support of US-Finance Secretary Tomothy Geithner to Greece and his confidence to Greek efforts. Furthermore Collyns expressed the concerns of …

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Greek prime minister Antonis Samaras sent a clear message to those speaking lenders of Greece who keep casting doubt whether the debt-ridden country would manage to exit the crisis – or the euro. Without directly naming FDP leader Philip Roesler it is more than obvious that Samaras’ arrows were shot in German direction. …

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German President Joachim Gauck called Saturday for Chancellor Angela Merkel to explain why Germany needs save the euro – at great expense to the country‘s taxpayers – and what will be necessary. In an interview with German television channcel ZDF, Gauck said that Merkel “has the duty to describe in …

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 No, this sweaty speculator, this greedy guy with greasy hair surely does not. He is waiting for Ireland to go on sale… The advertisement of POWWOWNOW company hangs in London Underground. Does it offend Greeks? Hm… I do not really know. It is not the first and it won’t be the last of this kind …

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 The four Musketeers, Barroso (EC), van Rompuy (EC), Juncker (Eurogroup)and Draghi (ECB) are reportedly working on a …secret plan to save the euro zone from the crisis. The ambition plan that will be implemented first to EZ member countries foresees among others more EU control over national budgets, a “bank union”,  …

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 “Chaos” in Greece, Euro-storm in the brains of certain journalists and EU officials who keep spreading terror-lustful scenarios. “EU is planning to close the borders of Greece, should there be chaos  in the country” is the title of Austrian daily Der Standard claiming that the big fear of Europeans is mass …

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I think it’s high time for European bureaucrats to take a deep, passionate look into the euro zone countries realities and thoroughly review their economic strategies. In its 2012 forecast report about growth within the EZ, the European Commission announced the griming predictions for the EZ in general and the European South in …

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Standard & Poor’s, Moody’s and all the other kids, that is the American rating agencies are about to get a European rival. German corporate consulting firm Roland Berger developed a plan to challenge the dominance of American firms that have thrown quite some euro zone member countries into deep red by …

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I slowly start to believe that European folks will most likely experience turbulent times, should French presidential candidate Francois Hollande wins the elections. He already started to criticize the policies of outgoing Sarkozy and attack German Chancellor Angela Merkel. On her side, the ruler over the European fates does not miss …

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Europeans in times of crisis. Of €uro Crisis. Of Debt Crisis. Of Survival Crisis. 1.7 million Spanish householda are without no income at all. Time to look right next to us and show solidarity. Then there are always real people with real destinies behind the figures. Show compassion, even if there …

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 “My country was the spark, but it merely exposed the inherent flaws within the eurozone. ” The Greek prime minister who took the country into the euro zone Costas Simitis published an article at the British The Guardian. He speaks about deficits and successful measures, but blames the the European Union for failing to …

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Leader of Belgian party ALDE,  Guy Verhofstadt has rubbished claims that the economic crisis is “over”.  Speaking in Strasbourg on Wednesday, the Belgian deputy ridiculed recent suggestions by his compatriot, European council president Herman Van Rompuy that Europe’s ailing economy was now over the worst. Verhofstadt’s remarks came on the …

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  A 10 year old boy from the Netherlands won 100 euro for submitting a plan to solve the Greek debt crisis.  UK’s  daily The Telegraph reported that the boy, Jurre Hermans, stole the limelight from some of Europe’s tope economists with a eurozone breakup plan involving pizza slices and pancakes. Debt …

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The euro zone looks as if it is about to fall apart and the future perspectives for Greece are anything but rosy. The first of EZ countries to seek financial bailout is trapped in a spiral of debt over debt, while the Greeks are deprived of a descent income. Here …

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