EUROPE | WHAT REALLY HAPPENED


EUROPE

Mar 10 12:54

Germany’s biggest “anti-racism” crusader pleads guilty to child porn

Edathy was Germany’s Morris Dees. He made a lucrative career hyping fictional “right-wing threats.

Mar 10 08:12

Euro Nears Parity With U.S. Dollar

The euro is nearing parity with the U.S. dollar as the common currency sank to a 12-year low of €1.0735 versus the greenback on Tuesday. The euro’s fall is fueled by falling European bond yields, concerns about Greece, and the overall grim outlook for the global economy.

There is no fuss, no sense of urgency, just a matter-of-fact move lower for the single unit that is now backed by a quantitative easing (QE) program. The onset of large-scale European Central Bank (ECB) QE is also weighing heavily on the EUR. This is allowing the mighty USD to continue to rack up multiyear highs across a number of currency fronts; supported by stronger U.S. fundamental data (strong U.S. jobs and full employment) and some hawkish Federal Reserve talk.

(*ie. bull$#!^
we're at war with the whole world)

Mar 10 07:12

The Origin of the ‘New Cold War’

To start with: the ‘new Cold War,’ against Russia, is something of a misnomer, because it differs from the original version, against the U.S.S.R., in that it’s already a hot war, which started in Ukraine as being the key proxy-state for the American Government’s chief foreign-policy aim, of defeating Russia; and it’s a war that is very bloody, and widely lied-about in both the U.S. and Europe, but that is discussed in Russia as if it were somehow the result of mere errors by Western powers, when in fact all of the Western leaders knew from the get-go that this was intended to be a lynching of Russia by Uncle Sam, and when the EU have been going along with this aim because the U.S. aristocracy supposedly have the interests of European aristocrats in mind and not only their own: it’s ’the Western Alliance,’ after all.

Mar 10 06:59

Defiant Greece at daggers drawn with EU creditors

If Greeks are forced to choose between a restoration of their dignity or continued Troika humiliation, they will choose dignity, says the Greek prime minister

Mar 10 06:05

The Power of Israel over the United States

There is much idle chatter from liberals, leftists and progressives, claiming that Netanyahu’s ‘brazen intervention’would backfire;

There have been times when history has played tricks with man and…has magnified the features of essentially small persons into a parody of greatness--Rabindranath Tagore(on Benito Mussolini)

How is it that the ruler (Benjamin Netanyahu) of a puny country (Israel) of 8.2 million (6.2 million Jews) with the 37th biggest economy (GDP in current prices) in the world dictates war policy and secures the willing submission of the legislature of the largest economy and most powerful military empire in the world?

What significance does Netanyahu’s speech to the US Congress have, beyond the fact that he uses it as a platform to attack the elected President of the US, to denounce US peace negotiations and to demand that Congress adopt policies designed to precipitate a war with Iran?

Mar 09 22:05

Despite Positive Spin, Is Greece Still Under Troika's Thumb?

While Greece's left-leaning new government attempted to put a positive spin on Monday's continued talks with European finance ministers, conflicting reports indicate that Syriza's plan to distance the country from its austerity-imposing creditors, the so-called Troika, may be dashed for now.

Mar 09 17:14

European Commission Chief Wants to Create New EU Army

The European Union is unique among the nations of history. Most governing bodies are built around a culture and language that is shared amongst the people they rule, which is then followed by a shared system of laws, courts, defense forces, currency etc. Or in the case of an empire, the system hinges upon military dominance, which then enforces those conditions on every culture it can gobble up.

But the European Union is the only nation (to my knowledge) that attempted to use monetary and economic policy (the Euro) to unite a diverse set of culture, before turning into a real government in its own right. The only thing missing from the EU, is its own standing army. While each EU nation has a military, they still exercise some degree of sovereignty over their defense forces (at least on paper).

Mar 09 15:40

From Libya to Italy in search of freedom

Graham Peebles decries the intolerance, paranoia and hate that greets people from Africa and the Middle East who risk life and limb to flee the hell that has become their wracked countries.

Mar 09 12:42

US Acts as Terrorist State Waging Finance War Against Russia – Magazine

The United States is waging a finance war against Moscow in a bid to weaken Russia to a point of economic and social destruction, the Austrian Contra magazine said, adding that this campaign goes against international law, WTO rules and bilateral agreements.

Mar 09 12:25

OVER 100 US ARMORED VEHICLES ROLL INTO LATVIA, NATO FLEXES MUSCLES IN EUROPE

Latvia has confirmed more than 120 armored units, including tanks, have been delivered by the US. According to the Latvian Ministry of Defense, these include M1A2 Abrams tanks and M2A3 Bradley armored vehicles.

The move to deploy yet more tanks and armored vehicles was welcomed by Latvian Minister of Defense Raymond Vejonis.“The presence of our allies (US and NATO) in Latvia is a confirmation of solidarity and security in the region,” Vejonis said in a statement on Twitter.

Mar 09 12:12

Proposed European Army: Good Idea or Bad?

For sure what the world needs now is less militarism, not more. World peace depends on demilitarization - especially eliminating all radiological, chemical, biological and other banned weapons.

Mar 09 11:33

‘F—k the EU,’ Revisited

When Victoria Nuland, the neoconservative éminence grise of the Obama administration, uttered her now infamous "F—k the EU!" in a phone call with US ambassador to Ukraine Geoffrey Pyatt, it was a supremely embarrassing moment for Washington. Aside from the scandal of a top US official in referring to our European allies in such vulgar terms, not to mention the ease with which Russian intelligence tapped into presumably secure phone lines, the revelation of growing hostility between the US and the EU was akin to having the ugly domestic disputes of a supposedly happily married couple made public.

Uncle Sam – a wife-abuser? Could this formerly private dispute wind up in Divorce Court?

Mar 09 11:30

US Puts Ukraine Training Operation on Hold Because of Ceasefire

Having spent the last several months hyping their intended military training operation in Ukraine, US military officials in Europe are now confirming the plan is indefinitely on hold.

“The US government would like to see the Minsk agreement fulfilled,” a Pentagon statement said by way of an explanation, adding that the military “is prepared to carry out the mission if and when our government decides to move forward.”

Webmaster's Commentary: 

I think the White House finally got the message that Europe does not want a new World War in their front yard, and as usual, is trying to make it look like this is all Obama's idea!

Mar 09 10:32

European Central Bank Launches Trillion-Euro Stimulus

The European Central Bank has hit the launch button on its 1.1 trillion euro ($1.2 trillion) stimulus program by starting to buy government bonds.

The chief monetary authority for the 19 countries that use the euro confirmed Monday it had begun the purchases, which aim to make credit cheaper, boost growth and raise inflation. ECB President Mario Draghi had announced the start date last week, sending stocks higher and the euro lower.

The bonds are bought from banks and other financial institutions using newly printed money.

One key effect of the program is expected to be a weaker euro, which would help eurozone exporters. More euros in circulation help drive down the currency's value, as expressed by its exchange rate. Low or negative interest rates encourage investors to invest in a currency where rates are higher, such as the U.S.

Webmaster's Commentary: 

This is Europe's version ofthe US's QE (Quantitative Easing).

A weaker Euro may be great for large corporations, but lousy for the individuals who have to use it in trade, because it will take far more euros to purchase staples than it did before.

Mar 09 09:36

This Was Not Supposed To Happen

As Mario Draghi unleashes his trillion euro bond buying program - aimed from what we are told, at lowering risk premia in credit markets to stimulate the eurozone's economy from utter stagnation - things are not going according to plan. Away from Greece, peripheral bond spreads are all up 8bps on the day and stock indices are mixed on this first day of DOMO (Draghi Open Market Operations) Of course, the other reason for Q€ is to implicitly (because one would never explicitly admit to joining the currency wars) devalue the currency - thus improving competitiveness and exports for the EU; but that's not working out so well as Germany's exports dropped and missed by the most since August... this was not supposed to happen.

Mar 09 08:18

Bulgarians stage demonstration against NATO

Bulgarians have held a protest rally to express their anger at military operations conducted by the North Atlantic Treaty Organization (NATO) in the East European country.

Mar 09 08:16

5,000 Military Servicemen to Take Part in Norway Drills Near Russian Border

About 5,000 servicemen and 400 units of military equipment will be involved in the "Joint Viking" exercises that kick off on Monday in the north of Norway, not far from the Russian border.

Mar 09 08:14

NATO's Not Enough! President Juncker Calls For Creation Of European Army To "React Credibly" To Russia

No lessor official than European Commission President (and liar-when-it's-serious) Jean-Claude Juncker has called for the creation of an EU army... in order to show Russia "that [The EU is] serious about defending European values." Juncker explained an EU army would "help us fulfil Europe's responsibilities in the world," arguing that NATO was not enough since not all EU members are part of the alliance. As one stunned euro-skeptic exclaimed, "we have all seen the utter mess the EU has made of the economy, so how can we even think of trusting them with its defence."

Mar 09 07:17

ECB begins economic stimulus program

The European Central Bank is beginning a trillion-euro program to stimulate growth and ward off deflation. The bank will start creating 60 billion fresh euros each month, using it to buy up private, and sovereign bonds.

Mar 09 07:13

Viktor Orban on Multiculturalism, Immigration, and National Sovereignty

"Hungarian Prime Minister Viktor Orbán gave his State of the Nation address recently. It is a remarkable text by the standards of our time. The average Western leader will obsess about gross domestic product, free trade, “European integration,” competitiveness,” supposed Russian and Iranian threats, gender and racial “equality,” ad nauseum, making endless moralistic calls as good in and of themselves."

While it may all be political opportunism - Orban at least SOUNDS like he cares about the nation he is leading instead of globalism and Zionism or starting wars with Iran like most of the rest of European leaders.

Mar 09 04:47

Berlin Rumbles Washington’s Hidden War Agenda

Berlin and the rest of Europe need to move fast to underpin diplomacy with Russia and to head off Washington’s death-wish plunge into the abyss.

Washington’s reckless attempts to scuttle the shaky ceasefire in Ukraine are unnerving Germany. The German government feels, with good reason, that the Americans are trying to undermine its recent efforts to mediate a political solution to the nearly year-old conflict, which has caused at least 6,000 deaths and up to one million refugees. Not only that but the violence between the ultranationalist regime in Kiev and the pro-Russian separatists in the east is threatening to spillover into a wider war that could involve Russia and the rest of Europe.

Mar 08 16:51

Caught On Tape: Greek Student Confronts Dijsselbloem, "Loan Sharking"

Following a speech at Delft University in Holland, Eurogrpup head Jeroen Dijsselbloem was confronted by a calmly-spoken, rational-thinking Greek student, who explained the misery and insanity of what the EU is doing to Greece... "1000s of Greek have committed suicide because of your policies... you keep on giving loans to Greece to pay back the same loans... its like going one loan shark to another loan shark to get more loans to pay back another loan shark."

Mar 08 16:50

NATO's Not Enough! President Juncker Calls For Creation Of European Army To "React Credibly" To Russia

No lessor official than European Commission President (and liar-when-it's-serious) Jean-Claude Juncker has called for the creation of an EU army... in order to show Russia "that [The EU is] serious about defending European values." Juncker explained an EU army would "help us fulfil Europe's responsibilities in the world," arguing that NATO was not enough since not all EU members are part of the alliance. As one stunned euro-skeptic exclaimed, "we have all seen the utter mess the EU has made of the economy, so how can we even think of trusting them with its defence."

Mar 08 15:20

Israel Shamir: Who Killed Nemtsov

The Russians are worried that pro-Western neoliberal party will regain the positions they lost after 2000, and dead Nemtsov will indeed be more useful for his cause than alive one.

Anyway, while the mourning and the funeral did not cause any breach of peace, the march did not turn into a Maidan or Tahrir, and Bernard Henri Levi did not land on the Red Square, the Putin’s government got cold feet. For a long eight days Russian police looked for the murderers, and meanwhile the Yeltsin’s cadres, people of nineties assaulted Putin from within and the Western media and officials from without. President Putin is not a Genghis Khan, he is a non-confrontational bloke whose great ambition is to live in peace and harmony with the West while defending Russia’s vital interests, and observing interests of Russia’s wealthies and worthies. He also wants to be accepted as an equal among the world’s great, East and West.

Mar 08 14:49

EU Increasingly Abandons Obama on Ukraine

As reported on Saturday March 7th by both German Economic News, and Spiegel magazine, the ongoing lies and arrogance from U.S. President Barack Obama’s Administration regarding Ukraine and Russia have finally raised to the surface a long-mounting anger of Germany’s Chancellor Angela Merkel and her Government.

Mar 08 13:46

Polish Military to Instruct Ukrainian Troops Under NATO Program

The Polish military will provide training to Ukrainian troops as part of the NATO program, Polish Foreign Minister Grzegorz Schetyna said Thursday.

Mar 08 13:38

Juncker says EU army would deter Russia from aggression

European Commission president Jean-Claude Juncker has said a common European army would be a timely deterrent against further Russian aggression on the continent.

Ed comment: Further Russian aggression? The only aggression on the continent over recent decades has been that sponsored by unelected EU bureaucrats like Juncker and their democracy-exporting pals in the United States.

Mar 08 12:08

Washington Post: Ukraine unofficially has 272 percent inflation!

Whether this admission is made in the hopes of getting more funding to the Kiev regime or whether its intention is to signal that it is time for everybody to get the hell out of Dodge is anybody’s guess, but I personally am much more inclined to believe the latter version. The WAPO actually says that “it’s hard to overstate how challenged Ukraine is” and “Ukraine’s annual inflation is already 272 percent, and, even worse, is picking up speed. Indeed, its monthly inflation rate is 64.5 percent—which translates to 39,000 percent inflation over a year—more than enough to qualify it for “hyperinflation” status” (read the full article, it is very interesting).

Mar 08 11:24

Greek riot police fire teargas to disperse demonstrators

Greek riot police fire teargas to disperse protesters demanding the release of all immigrants and refugees outside one of the country’s largest detention centers.

Clashes broke out on Saturday after police forces used tear gas to disperse protesters gathered outside a detention center in the southeastern city of Corinth.

Mar 08 11:07

Germany slams NATO European commander’s comments on Ukraine as ‘dangerous propaganda’ – Spiegel

A top NATO European commander’s exaggerated comments on the Ukrainian conflict are ‘dangerous propaganda,’ and put the West at risk of losing credibility, sources in the German Chancellor’s Office told Der Spiegel.

General Philip Breedlove made harsh remarks on the situation in Ukraine on Wednesday, saying that the self-defense forces, with the assistance of Russia, have prepared “over a thousand combat vehicles” and “sophisticated air defense, battalions of artillery” in the south-east of the country.

“What is clear is that right now it is not getting better, it is getting worse every day,” NATO's Supreme Allied Commander Europe (SACEUR) concluded.

Mar 08 10:34

Germany Has Had Enough With US Neocons: Berlin “Stunned” At US Desire For War In Ukraine

?While Russia’s envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are “dreaming of Russian Maidan,” Washington has a bigger problem… Germany. As Der Spiegel reports, while US President Obama ‘supports’ Chancellor Merkel’s efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin’s approach. And NATO’s top commander in Europe hasn’t been helping either with sources in the Chancellery have referred to Breedlove’s comments as “dangerous propaganda.”

This is the view of Russia’s permanent envoy to NATO:

“The speech in Riga demonstrates the concern about Russia’s democracy and internal policy. At last, now we know that NATO has a dream, and this dream is a Maidan in Russia,” Aleksandr Grushko said in comment that was tweeted through the Russian representation office in the alliance.

Webmaster's Commentary: 

From the putsch in Ukraine last year right through to the present day, the US government has not wanted a "diplomatic resolution" to the duly elected government there having gotten thrown under a bus; the warmongers in Sodom on the Potomac have wanted war with Russia, to prevent the rise of both the ruble and Russia's economy.

The only thing "stunning" about this is that it has taken the German government so long to wake up to this reality.

Mar 08 10:31

Germany Has Had Enough With US Neocons: Berlin "Stunned" At US Desire For War In Ukraine

While Russia's envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are "dreaming of Russian Maidan," Washington has a bigger problem... Germany. As Der Spiegel reports, while US President Obama 'supports' Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either with sources in the Chancellery have referred to Breedlove's comments as "dangerous propaganda."

Mar 08 10:24

Europe, The Morally Bankrupt Union

The European Union is busy accomplishing something truly extraordinary: it is fast becoming such a spectacular failure that people don’t even recognize it as one. People have no idea, they just think: this can’t possibly be true, and they continue with their day. They should think again. Because the Grand European Failure is bound to lead to real life consequences soon, and they’ll be devastating. The union that was supposed to put an end to all fighting across the continent, is about to be the fuse that sets off a range of battles.

Mar 08 10:15

Heta Damage Spreads in Austrian Downgrades, German Losses

Austria’s decision to wind down Heta Asset Resolution AG sent ripples through the financial system, causing credit rating downgrades in Austria and bank losses in Germany.

Webmaster's Commentary: 

Are the dominoes starting to Fall?

Mar 08 09:12

Rothschild Seeks to Advise Ukraine Bondholders in Debt Talks

Rothschild is seeking to advise Ukraine’s bondholders in restructuring talks with a government struggling to avert default after a year of fighting with rebels crippled its economy. The company’s Paris-based sovereign advisory team has been in contact with creditors, Giovanni Salvetti, who handles central and eastern Europe and the Commonwealth of Independent States. Bondholders are bracing for harsh terms as the looming debt revamp drove the nation’s $2.6 billion of notes due in July 2017 below 50 cents to the dollar since mid-February.
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Mar 08 07:26

Greek riot police fire teargas to disperse demonstrators

Greek riot police fire teargas to disperse protesters demanding the release of all immigrants and refugees outside one of the country’s largest detention centers.

Mar 08 07:05

Crosstalking: Bibi’s dud

Iran and the West are close to accomplishing what so many in Washington and Tel Aviv are terrified of – a negotiated end to the Western standoff with Iran.

CrossTalking with Mohammad Marandi, Gareth Porter, and Chuck Freilich.

Mar 08 07:00

The Enemy is Not Russia or Putin

The enemy is not Russia or Vladimir Putin. The enemy is hypocrisy.

It has been just over a year of growing and escalating crisis in Europe since the Maidan Square protests in Kiev succeeded in toppling Ukrainian president Viktor Yanukovych in February 2014.

It saw the likes of US Senator John McCain – a man whose quest for a new Vietnam War never ends – travelling to the country to personally urge on the demonstrators in Kiev alongside Britain’s Catherine Ashton, representing the EU.

Mar 08 06:56

We saved Jews 3 times, Netanyahu should revise history lessons – Iranian FM

Iran has no intention of destroying Israel and has actually saved the Jews three times in history, but the current Israeli regime is a threat to Tehran, Iranian Foreign Minister Mohammad Javad Zarif has said.

“Israel threatens to use force against Iran almost on a daily basis… Of course, if they did use force against Iran, we would defend ourselves, as we have done with great sacrifice in the past. But we are not invading, we are not threatening anybody. We have not threatened anybody for 250 years,” the Iranian FM said.

“We never had the bomb. We will never have a bomb. We’re not looking to have a bomb. We do not believe a bomb is in our interest. Whereas [Netanyahu] does have a bomb. He has 200 nuclear weapons,” he said.

Mar 07 16:30

EU won’t be pushed into confrontation over Ukraine – foreign policy chief

The EU is resisting calls from hotheads to supply arms to Ukraine, saying it won’t be pulled into a confrontation with Russia. Europeans cite the progress in implementing a ceasefire in eastern Ukraine between Kiev and local rebels.

Mar 07 09:50

?EU won’t be pushed into confrontation over Ukraine – foreign policy chief

The EU is resisting calls from hotheads to supply arms to Ukraine, saying it won’t be pulled into a confrontation with Russia. Europeans cite the progress in implementing a ceasefire in eastern Ukraine between Kiev and local rebels.

The idea of providing lethal aid to Kiev is popular among many NATO officials and American politicians. US House Speaker John Boehner and a bipartisan group of top lawmakers called on President Barack Obama to deliver the weapons. But Europeans are opposing the move, which would likely escalate tensions with Russia.

“The European Union today is extremely realistic about developments in Russia. But we will never be trapped or forced or pushed or pulled into a confrontative [sic] attitude,” the EU’s Foreign Policy Chief Federica Mogherini told the media on Friday, following an informal meeting of EU foreign ministers in Riga, Latvia.

Mar 07 09:36

Europe Blocks U.S. from Racing to War Against Russia

On Friday, 6 March, President Obama placed temporarily on ice his planned increase in weapons and soldiers to help the Ukrainian Government to ‘defend’ Ukraine against the ‘terrorists’ in Donbass, which is the Ukrainian region that had voted 90% for the President whom the Obama Administration overthrew in February 2014. (Here is where the EU first learned, on 26 February 2014, that the overthrow of Viktor Yanukovych had been a coup instead of a genuine popular revolution.) Obama replaced that Government with a racist-fascist anti-Russian regime, which quickly set about exterminating as many residents of Donbass as possible, as quickly as possible (calling them ‘terrorists,’ for their refusal to be ruled by the new Obama-imposed, anti-Russian, Government).

Mar 07 09:29

Austerity Ireland: Thousands to protest national broadcaster’s ‘biased reporting’

Thousands of anti-austerity campaigners are expected to gather outside the headquarters of RTÉ, Ireland's national broadcaster, on Saturday to protest against what they say is biased reporting that represents the interests of a marginal elite.

n/a
Mar 07 06:58

German Recovery? Don't Bet on It

For those impatient to proclaim a Western recovery, this Reuters article is for you. It tries to make the case that the numbers are finally turning favorable for Germany and perhaps for parts of Europe as well.

We can't help recall the talks of green shoots some four years ago, or the constant din of recovery predictions that have been proffered in the mainstream media since then. We observed around that time that there likely would be no real recovery, only an upward surge of securities mart averages in the US and abroad as central banks pumped money into the financial sector while pretending that its Keynesian stimulation would benefit the working class.

Mar 07 06:26

Kerry Re-writes History of U.S. Support for Color Revolutions

U.S. Secretary of State John Kerry either has a blind spot when it comes to the last 15 years of U.S. foreign policy or he told a big whopping lie in Geneva. Kerry, in defining U.S. action in Ukraine, said that «We [the United States] are not involved in multiple color revolutions». Someone in Kerry’s position should know better. After all, he is not only the chief foreign policy officer of the United States but he served as chairman of the Senate Foreign Relations Committee from 2009 to 2013 and was a member of the committee from the very outset of America’s «themed» or «color» revolutions, beginning with the October 5th Revolution, which overthrew Serbian president Slobodan Milosevic in 2000.

Mar 07 05:52

Washington Yanks British Bulldog into Line

The gross interference by Washington in Britain’s forthcoming election on the vital issue of budgetary priorities clearly demonstrates that British «democracy» is but an appendage to an American leash. And the leash is being yanked to pull the snarling bulldog into line.

In a brazen show of bringing-to-heel in their «special relationship», American political and Pentagon chiefs are openly rebuking the British government to maintain its huge military spend on the NATO alliance – to the possible detriment of already withering public services in austerity-clobbered Britain. The imposition by Washington raises serious questions about the nature of democracy in Britain – the self-proclaimed «Mother of all Parliaments».

Mar 07 05:44

Bibi Joffrey and the Flower of Zion

The walls are thick and strong beyond imagining, but the elders who sleep in the bowels of Zion know that this rumbling at their foundation marks well their inevitable fall.

The first great stone has hit the ramparts of Zion. The elders within the walls, down in the bowels of the fortress, have sat bolt upright, as they have felt the unmistakable rumbling vibration. Their eyes, which are usually narrow with the self-regard of the power of their own devious cunning, have suddenly gone wide with fear, as instantly they know that the inevitable has arrived upon them.

As another great stone finds the wall, and shakes the very air, these elders fly from their beds with great alarm.
The walls are thick and strong beyond imagining, but the elders who sleep in the bowels of Zion know that this rumbling at their foundation marks well their inevitable fall.

Mar 07 03:26

France, Belgium condemn Mali restaurant attack that kills 5

(*AP) Belgian Foreign Minister Didier Reynders said one Beligan was among the victims of the “cowardly act of terror.”

Hollande said he “condemns with the greatest force the cowardly attack” against La Terrasse restaurant, located in a district of expatriates. Hollande said that he will meet with Mali’s President Ibrahim Boubacar Keita to show his support, much as the Malian leader had come to Paris to show his support in the wake of the Charlie Hebdo attacks in January.

Mar 06 16:28

Quantitative easing imminent as ECB boss Mario Draghi fires €1.1trn starting gun

The European Central Bank boss Mario Draghi declared an end in sight to the eurozone’s economic woes yesterday as he prepared to fire the starting gun on a €1.1trn (£798bn) quantitative easing programme within days.

Mar 06 16:21

Greece Proposes To Become A Tax-Collecting Police State: Will "Wire" Tourists And Unleash Them As "Tax Inspectors"

"We propose the following: that large numbers of non-professional inspectors are hired on a strictly short-term, casual basis (no longer than two months, and without any prospect of being rehired) to pose, after some basic The very 'news' that thousands of casual "onlookers" are everywhere, bearing audio and video recording equipment on behalf of the tax authorities, has the capacity to shift attitudes very quickly, spreading a sense of justice across society and engendering a new tax compliance culture - especially if combined with the appropriate communication of the simple message that the time has come for everyone to share the burden of public services and goods."

- Yanis Varoufakis

Mar 06 16:19

Ukraine Energy Minister: EU Should Share Transit Risks, Help Pay for Gas Storage

Ukrainian Minister of Energy and the Coal Industry Vladimir Demchishin has suggested the EU should partly pay the costs for filling underground gas storage facilities in his country to cut the risk of possible interruptions in transit to Europe.

Translation: Pay our bills for us, as we are incapable of doing so ourselves!

Mar 06 15:11

As Hawks Urge Obama to Send Weaponry to Ukraine, EU Officials Push for Peace

Even as some U.S. and European officials urged the Obama administration not to provide weaponry and further military assistance to Ukraine—among the options being weighed by the White House—the second-highest ranking U.S. diplomat warned on Friday that pressure to arm Kiev-backed government forces would increase if aggression from pro-Russian separatists persisted.

Mar 06 14:36

Spain - Scandal as 40 to stand trial in Popular Party corruption case

A Spanish judge on Thursday ordered 40 people, including three former treasurers of the ruling Popular Party, to stand trial over an alleged kickback scheme at the heart of the party.

Mar 06 10:26

GREECE: IS THIS THE SYRIZA GAME PLAN?

Mar 06 08:56

Russia invites NATO Members to Security Conference: Experts warn about Risk of unwanted Nuclear War

Russia has invited all NATO member States and the NATO leadership to attend a security conference in mid-April, said the Russian Deputy Defense Minister Anatoly Antonov. The invitation comes against the backdrop of deteriorating relations between members of the Atlantic Alliance and Russia. Meanwhile, during a recent symposium, experts warned about the risk of a military escalation that includes the use of nuclear weapons, whether it be wanted or unwanted.

n/a
Mar 06 08:05

Spain judge orders trial of 40 officials over graft

A Spanish judge has ordered the trial of 40 individuals, including former mayors and businessmen affiliated to the ruling Popular Party (PP), on charges of involvement in a kickback scheme and alleged corruption crimes.

Mar 06 07:59

Almost 100 families evicted daily in Spain – statistics

At least 95 families were evicted every day in Spain in 2014, fresh statistics say as Spaniards struggle to meet mortgage payments. Home foreclosures have become a stark symbol of the 7-year economic crisis, with 2014 seeing a further rise in numbers.

Mar 05 16:32

Pound now buys more than €1.38 as ECB's bond-buying plan weakens euro - and sterling 'could reach €1.50 this year'

The euro has fallen to new seven-year lows against the pound and 11-year lows versus the dollar after the European Central Bank said its new government bond-buying programme will kick-off next week and last until at least September 2016.

The ECB's attempt to kickstart the ailing eurozone economy by spending €60billion a month on buying sovereign bonds saw the euro tumble today. Against the dollar it came within a sliver of $1.10 - its lowest since early September 2003.

Against the pound the euro fell to 72.3p, or €1.384 to the pound - a level last seen in December 2008. And analysts suggested the euro has even further to fall and could hit 65p by the end of the year. That would get British holidaymakers €1.50 to the pound - an exchange rate that has not been seen since February 2007.

Mar 05 15:19

Moscow condemns EU attempts to use Victory Day anniversary for attacks on Russia

Attempts to distort the truth about World War II are an insult to the memory of the victims of Nazism and millions of Soviet soldiers who died for the liberation of Europe, Russian Foreign Ministry spokesman Alexander Lukashevich told a briefing on Thursday.

"We condemn the desire of the European Union to use the upcoming VE-Day anniversary for new attacks on Russia," he said. "We call on the EU to stop playing along with the openly revanchist sentiments of some of its members used in an opportunistic attempt to revise the results of World War II and the decisions of the Nuremberg Tribunal."

Mar 05 15:18

Russia can play key role in resolving Libya crisis — Italian PM

Italy’s Prime Minister Matteo Renzi has said that Russia can play a decisive role in resolving the Libya crisis and in the fight against terrorism.

Speaking to reporters after talks with Russian President Vladimir Putin, Renzi said that the Libya crisis and a threat of the spread of terrorism and extremism were on the table among other issues.

"We agreed that our countries should help boost efforts in that direction," Renzi said adding that "Russia’s role in the UN Security Council is of crucial importance and besides, Russia’s ties with Egypt could help."

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