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breakingnews
23.04.2010, 20:11
3 comments
Greece has formally asked the EU and the International Monetary Fund to activate the debt-rescue plan to help pull its economy out of crisis.
22.04.2010, 19:52
Public workers in Athens have gathered in protest over huge cuts in government funding, demanding an end to what they call "bloodthirsty measures" as wages are reduced and pensions are frozen.
30.04.2010, 13:37
16 comments
Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”
18.10.2010, 09:09
4 comments
Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.
18.05.2010, 04:37
5 comments
With people around the world rising up and striking over economic concerns, Greece has threatened to investigate the role US investment banks played in its debt crisis.
19.02.2010, 10:10
4 comments
Economists say German tax payers will bear the cost of the Greek debt crisis despite opinion polls showing most Germans oppose it, as the risk of default grows in other countries.
02.12.2009, 12:08
1 comment
The Latvian parliament has approved its budget for 2010. One of the expense articles implies aid to “poor countries”, on which the country has generously allocated less than $2,000.
05.08.2009, 23:09
5 comments
The dollar’s role as the world's main currency is over and its future is unstable, says author and journalist Webster Tarpley.
29.04.2010, 10:31
Financial markets were in turmoil on Wednesday after the International Monetary Fund warned that more countries could be sucked into Greece's mounting debt crisis.
27.07.2010, 06:57
1 comment
The financial crisis has especially hit a new member of EU, resulting in 8 percent of Latvians registered below the poverty line. Once enjoying a record breaking economic boom, it now relies on IMF loans to survive.
Published: 15 March, 2010, 09:59
Edited: 15 March, 2010, 16:00
Germany may be Europe’s leading economy, but residents of its capital are struggling to find jobs. Many are having trouble putting food on the table and are surviving on government handouts.
And the propaganda from the occupation troops in Germany (dressed as "green" ideals) still claims that Germany should grow less, have less population, produce less, and have more unemployment. What a bunch of liars.