With the financial crisis in Greece reaching a fevered pitch, many have wondered what might happen to the European Union if their most debt riddled member jumps ship. Will it cause a domino effect of defaulting nations, equally interested in leaving this unnatural union? It’s hard to say how it all might pan out, but it’s important to note that …
Rumbles of military coup as Greek workers demand end to EU austerity – Alex Lantier
Hours before anti-austerity demonstrators flooded the streets of central Athens on Friday, a number of retired Greek military officers publicly called for a “yes” vote in Sunday’s referendum on the European Union’s demands, defying Prime Minister Alexis Tsipras’s call for a “no” vote. The contrast between masses of workers denouncing EU austerity and the pronouncements of prominent military figures could …
Nuland’s Nemesis: Will Greece Be Destroyed to Save Her From Russia, Like Ukraine? By John Helmer
A putsch in Athens to save allied Greece from enemy Russia is in preparation by the US and Germany, with backing from the non-taxpayers of Greece – the Greek oligarchs, Anglo-Greek shipowners, and the Greek Church. At the highest and lowest level of Greek government, and from Thessaloniki to Milvorni, all Greeks understand what is happening. Yesterday they voted overwhelmingly …
HOW EUROPE PLAYED GREECE – Alex Andreou
Do these things, they said, for all our sakes and you will return to prosperity with our help. They lied. “They have decided to strangle us, whether we say yes or no”, said a Greek woman to me yesterday. “The only choice we have is to make it quick or slow. I will vote “oxi” (no). We are economically dead …
Defying Troika, Greece Chooses ‘Democracy Over Fear’ With ‘No’ Vote on Austerity by Deirdre Fulton
News outlets are officially reporting that the ‘No’ side has won a decisive victory in Greece, rejecting a bailout offer from foreign creditors that would have imposed further austerity and economic hardship. Reuters reports that government officials “immediately said they would try to restart talks with European partners,” perhaps as soon as Sunday night. 25% of votes in, #oxi leading by 60%. Estimates that this will …
Wilderness areas need buffer zones to protect from human development by Staff Writers
Despite heavy development, the U.S. still has millions of acres of pristine wild lands. Coveted for their beauty, these wilderness areas draw innumerable outdoor enthusiasts eager for a taste of primitive nature. But University of Georgia researchers say these federally protected nature areas have a problem: Their boundaries have become prime real estate. As the country’s population continues to grow, …
Fascism in Fancy Dress for the 21st Century by ROYA ARAB
Friends, who happen to be respected left-field musicians, were invited to Austria to perform a couple of gigs and film some music videos paid for by an Austrian arts grant. The lovely hosts were welcoming as was the creative coterie circling them in Vienna – the city of perfect public facades veiling the multifaceted private lives within (I don’t use this phrase lightly having encountered Austrian ways …
OECD report documents growth of financial parasitism By Nick Beams
A report issued by the Organisation for Economic Cooperation and Development (OECD) last Wednesday is confirmation that the financial crisis of 2008 was not a temporary downturn in the world economy, but arose from fundamental contradictions at the very heart of the global capitalist system. Seven years on, those contradictions are deepening. They have been exacerbated by the policy pursued …
So-called ‘free trade’ agreements should be strongly opposed – Bill Mitchell
My header this week is in solidarity for the Greek people. I hope they vote no and then realise that leaving the dysfunctional Eurozone will promise them growth and a return to some prosperity. They can become the banner nation for other crippled Eurozone nations – a guiding light out of the madness that the neo-liberal elites have created. While …
IMF and Germany Are Hell-Bent on Finishing Off Even a Moderate Left in Greece By C.J. Polychroniou
Negotiations between Greece and its official creditors – the European Commission, International Monetary Fund (IMF) and European Central Bank – are currently in renewed deadlock. Yet, only a few days ago, in the Euro summit on Monday, June 22, all indications were that Europe’s political beasts and the “criminal IMF” were ready to accept thelatest capitulation on the part of …