Greece news, articles and information:

Greece introduces tax on bank withdrawals as elitists seek to criminalize cash

5/10/2015 - The Greek financial crisis continues to escalate, as the government recently put in place a controversial revenue-generating policy aimed at improving its economic position at the expense of its citizens. The government will introduce a "surcharge" -- really, just a tax on cash -- for all cash point...

Riots expected after Greece orders all government funds to be transferred to central bank

4/30/2015 - The financial situation in Greece has gotten so bad that the government just ordered a mandatory transfer of all cash reserves from state-owned enterprises to the Greek central bank in order to avoid a complete economic collapse. As reported by Britain's Telegraph newspaper, the Greek government,...

Greece begins selling assets, could nationalize banks, as government scrambles to find cash - "Grexit" crisis heats up

4/18/2015 - The weakest nations in the Eurozone continue to get weaker, financially, and it seems there is no end in site as the entire continent's economy remains moribund, save for industrial Germany. Nowhere is the economy worse than in Greece, where the socialist government has threatened to nationalize...

Why Greece is the lynchpin that could unleash economic collapse, domestic martial law and global war

3/23/2015 - I wish I could download to your brain everything you need to know about the European Crisis unfolding right now. The possibility of the breakup of the European Union could be the spark that sets off the global debt implosion that leads to violent conflict across the globe. The actions of Greece,...

Looming financial collapse of Greece spells beginning of the end of global debt Ponzi scheme

3/11/2015 - The European nation of Greece is in deep financial trouble, and it doesn't look like its neighbors are going to open up their treasuries to bail it out this time around. More than that, what the country's new leadership is planning could eventually spell the end of the euro. In recent elections,...

Greenspan says shattering of European Union will begin with imminent Greek implosion

2/28/2015 - The former chief of the U.S. Federal Reserve says it is just a matter of time before the European Union implodes, along with its currency, following what he believes will be a "Grexit" -- a Greek exit -- from the EU. In a recent interview with the BBC, former Fed Chairman Alan Greenspan said he did...

$26 trillion in global derivatives about to implode if Greece bankruptcy unfolds

2/26/2015 - The fate of the euro -- and, effectively the European Union -- could rest on what the political and financial powers within the union itself decide to do regarding the new Greek government's push to restructure its debt and end the austerity measures imposed upon it as part of a 2012 bailout agreement. As...

Bank runs begin as 'Grexit' crisis continues

2/25/2015 - Fearing a "Grexit" -- a Greek exit from the European Union over differences regarding conditions surrounding a 2012 Eurozone bailout of the fabled nation -- scores of Greek depositors have begun taking money from banks and running. As reported by CNBC, the run on banks comes amid a "dramatic showdown...

Euro plummets as EU edges toward collapse

2/17/2015 - A number of financial analysts and experts believe that the euro is in grave danger of becoming extinct as a result of several converging geopolitical events that are threatening the European Union itself. As reported by The Economic Collapse blog and other news sources, the dollar had been rising...

Multinational drug companies hold Greece hostage by denying shipments of medicine; 90% supply reduction; citizens in near-panic

2/27/2013 - In a classic example of an anti-free-market collapse, fifty pharmaceutical companies are now halting supplies of drug medicines to the nation of Greece, causing severe shortages of over 200 popular pharmaceutical medicines there. Pfizer, Roche, GlaxoSmithKline, Sanofi and many other have all reportedly...

One-quarter of Spain and Greece workers without work as unemployment and debt continue to skyrocket

11/8/2012 - As bad as the U.S. economy has gotten, things are worse in Spain and Greece, as the entitlement-heavy economies of both nations further implode, relegating tens of millions of their citizens to what could become a generation of abject poverty. The unemployment rate in both countries stands at about...

Greece turning to desperate measures as citizens face starvation due to economic collapse

10/25/2012 - The European nation of Greece appears to be sliding ever so progressively into the abyss of total collapse, as illustrated by a recent government measure aimed at feeding the growing hordes of hungry, unemployed Greeks across the nation. A report translated into English from Voz Populi explains that,...

Economic collapse in Greece is finally sinking into the consciousness of its citizens

6/20/2012 - Greek citizens may have narrowly avoided an economic catastrophe following a vote this week to remain with the euro, the fact that their country is slipping further towards a financial abyss is becoming more ingrained in their psyche. On Sunday voters narrowly elected a center-right New Democracy...

Greece headed into 'out of control bankruptcy' - govt. salaries and pensions soon to go unpaid

5/13/2012 - The financial crisis in Greece is reaching an explosive tipping point, with the youth unemployment rate now exceeding a startling 50 percent and the government itself announcing it will be forced to stop paying salaries and pensions by June: "We will be in wild bankruptcy, out-of-control bankruptcy,"...

Big Pharma blackmails Greece; halts medicine supply over cash demands

6/3/2010 - In the midst of runaway economic problem in Greece, the pharmaceutical industry has decided to blackmail the nation and halt shipments of medicines to Greece until it agrees to pay full price for the drugs. In order to cut costs during its severe debt crisis, Greece had announced it would pay drug companies...

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