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Andrzej Duda outed president Bronis?aw Komorowski, the the pro-Brussels incumbent centrist Civic Platform party president, in an election over the weekend. Komorowski was expected to win.
A Greek reversion to the Drachma would be an irreversible "disaster" for the entire euro project, Yanis Varoufakis warns
This story isn't actually about Greece, but it begins there.
Incompetence at Its Finest
The decision underlies the extraordinary measures banks are taking to prevent their profit margins being crushed in the record low-interest rate environment.
With the victory of the Conservatives in last week's British election, the future of both the European Union and the United Kingdom looks more doubtful.
A chilling comment by British Prime Minister David Cameron suggests that even people who obey the law won't be "left alone" by the state if they engage in anything the government deems to be "hate speech," ....
In another fascinating interview, this time on CNBC, Dr. Marc Faber discussed the factors involved in the ongoing Greek crisis and made some interesting points.
David Cameron is the most successful Tory Party leader since Margaret Thatcher.
Earlier today, we learned that, contrary to what Greek government officials had been implying for the better part of a week, Athens did not have enough money to make a €750 million payment to the IMF on Tuesday.
Earlier today we reported that German FinMin Wolfgang Shaeuble has now suggested that the best alternative for Greece's embattled socialist 'savior' government may be to put euro membership to a referendum.
The biggest slow motion trainwreck in history, one that everyone knows how it ends just not when (especially since the "when" is about 5 years overdue),......
Those who claim there will be no Greece contagion need consider yields in other European bonds.
Washington continues to drive Europe toward one or the other of the two most likely outcomes of the orchestrated conflict with Russia.
The final and ultimate round of the Crisis that begin in 2008 will occur when faith is lost in the Central Banks.
Google, Amazon, Skype, WhatsApp, and Netflix are all on notice
More than €2 trillion-worth of eurozone government bonds trade on a negative interest rate. It's a bubble that is bound to end badly
After the high-level EU summit on the migrant issue, hastily convened after close to a thousand people drowned last weekend off the Lybian coast, Dutch PM Mark Rutte was quoted by 'his' domestic press as saying 'Our first priority is saving hum
Germany's intelligence service, the Bundesnachrichtendienst (BND), has been helping the NSA spy on European politicians and companies for years, according to the German news magazine Der Spiegel.
In a move 100% guaranteed to blow up at a later date, the ECB Said to Start Buying Covered Bonds With Negative Yields.
If you didn't know any better you might think "Grimbo" was a new Sesame Street character.
Simple...
Simple...
Humorous Lies of the Day; Capital Controls Likely Soon
The European Commission is opening an investigation on Google, for alleged anti-competitive practices. The EC is concerned that "the company has given an unfair advantage to its own comparison shopping service, in breach of EU antitrust rules".
In what seems like a coincidental retaliation for Greece's pivot to Russia (and following Greece's initiation of capital controls), the supposedly independent European Central Bank has decided suddenly that -
Mario Draghi said this week that the transmission channels for European Q€ were opening up and crowed how well his cunning plan was working (by well we assume he means stocks are up).
It appears that Herr Schaeuble will be left in the cold as following comments from the Greek energy minister that a deal is coming "soon," ...
It appears that Herr Schaeuble will be left in the cold as following comments from the Greek energy minister that a deal is coming "soon," ...
Stunned Greeks React To Initial Capital Controls And The "Decree To Confiscate Reserves", And They Are Not Happy
