
Iceland Announces Dropping Bid to Join EU
• Lewrockwell.comIceland has dropped its bid to join the European Union, the Foreign Ministry in Reykjavik says.
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Iceland has dropped its bid to join the European Union, the Foreign Ministry in Reykjavik says.
With German media asking "who is more dangerous for us? Greece or Russia," recent actions by both 'antagonists' in that question suggest they may become one and the same sooner than many expected.
Global Central Banks have been flooding their respective economies low interest rates, encouraging countries to keep borrowing and spending.
Thus, the institutions Germany relies on to protect its export markets are the very institutions Berlin must battle to protect Germany's national wealth.
The president of the European Commission has called for the creation of an EU army in order to show Russia "that we are serious about defending European values".
EU-US tensions come to a boil over Ukraine
The European Commission chief has called for the creation of an "EU joint army" that would "react credibly" to any external threat and defend the bloc's "values."
Despite the European accord last month to extend a financial lifeline to Greece, Athens is rapidly running out of cash.
IN LATE February, as Greece's new prime minister, Alexis Tsipras, reversed a crucial campaign pledge and infuriated his left-leaning Syriza party by asking for a four-month extension of the country's hated bail-out, there was little sense of cris
Meanwhile, external threats from Russia and the Islamic State are also putting pressure on the bloc.
One of the biggest question marks surrounding the Greek negotiation and ultimately, bailout extension, was just how panicked was the Greek population and domestic corporations.
The first sentence of the 1957 Treaty of Rome – the founding document of what would eventually become the European Union –
German Chancellor Angela Merkel, accompanied by French President Francois Hollande, met with Russian President Vladimir Putin on Feb. 6. Then she met with U.S. President Barack Obama on Feb. 9. The primary subject was Ukraine, but the first issue dis
Riddle me this, Batman. I don't think I get it, and I definitely don't get why nobody is asking any questions.
Europe is going to begin both capital and border controls.
For the last few years - and most especially the last few months - all eyes have been focused on Greece.
On Friday, Prime Minister Alexis Tsipras backed down on nearly every promise made to the Greek electorate except one, to stay on the euro. After so much tough rhetoric, the question is why?
Euro Soars After Greek Official Says Eurogroup Reaches Accord, Denied 8 Minutes Later, Then Reconfirmed
Today the eurogroup finance ministers rejected Syriza's request for a bridge loan to work things out.
Athen's proposal for bail-out extension are rejected by Germany setting two countries on a collision course before crunch talks tomorrow
In the midst of the dramatic showdown in Brussels between the new Greek government and its European creditors, many Greek depositors--spooked by the prospect of a Greek default or, worse, an exit from the euro zone and a possible return to the drach
Europe is going to begin both capital and border controls.
Those wondering if Draghi would be so bold as to precipitate a Greek bank run and funding crisis by yanking the country's Emergency Liquidity Assistance program, which as of two weeks ago was boosted to €65 billion, now have an answer.
In NYT Op-Ed, Yanis Varoufakis Says Greece Is Not Bluffing, "Will Not Cross Red Lines It Has Drawn"
'State Dept planned Ukraine coup alongside NATO and EU' - Ron Paul
Final Exam Crunch Time
Greece has two major financing problems. One is long-term, the other happens right now.
The politicians of Europe are plunging into a form of ideological fratricide as they battle over Greece. And "fratricide" is precisely the right descriptor because in this battle there are no white hats or black hits---just statists.
Perhaps the most curious aspect of this, third, Greece ""exit crisis, is just how completely unnoticed it has gone by the capital "markets", or rather non-Greek capital markets.
"If Nobody Flinches, the Euro Will Collapse and Trillions upon Trillions in Derivatives Will Be in Jeopardy"