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Euro news, articles and information:

Everything goes! Greek government mortgages the country's airports, banks and infrastructure to EU debt collectors

7/17/2015 - Some last-minute deal-making to ensure that Greece's bailout debt is fully repaid is not likely to sit well with the Greek electorate. A week ago, voters in Greece overwhelmingly rejected a deal, rebuffing European leaders who were demanding new austerity measures and a piece of Greece's soul. In...

Greece's government to seize all private bank accounts?

6/19/2015 6:07:46 PM - The central bank of the cash-strapped Greek government has signaled that the country is liable to default on bailout loans issued by the International Monetary Fund and the European Central Bank by the end of June, thereby crashing out of the euro and perhaps seizing private bank accounts in the process. As...

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...

Every central bank in the world now bankrupt; financial guru warns of coming chaos

2/24/2015 - A noted global finance expert who accurately predicted more than a decade ago that the price of gold would rise and, more recently, forecast the economic unrest in Europe and downsizing of the euro says that central banks are essentially going bankrupt, which will lead to additional economic chaos in...

Swiss currency shockwave a picnic compared to what's in store for the U.S. dollar - Peter Schiff

2/20/2015 - Worried about its national currency, the franc, losing too much of its value as both it and the euro fall against the U.S. dollar, the Swiss government has recently removed a 2011 cap placed on the franc against the euro to protect it from further losses amid rising global financial pressures. "Recently,...

European Union collapsing state by state

2/19/2015 - Is the European Union dissolving before our eyes? A number of geopolitical observers and experts seem to think so, mostly because of crumbling economies and political divergence. Founded Nov. 1, 1993, in Maastricht, Netherlands, as a sort of "United States of Europe," the EU was established as a...

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...

Founder of the Euro says 'catastrophic' currency will self-destruct

5/14/2013 - As more and more countries within the European Union struggle economically, the euro - the union's common currency - becomes more embattled, with its founder now even predicting its demise. German Finance Minister Oskar Lafontaine, who was responsible the euro's development and launch, is now calling...

Nigel Farage: Europe on the brink of 'wholesale, violent revolution'

5/13/2013 - The last time the European continent convulsed was World War II, when an evil-minded dictator with delusions of a 1,000-year empire plunged the entire globe into chaos. With rising unemployment and disenfranchisement, the crumbling euro and tens of millions of disillusioned Europeans, the continent...

Cyprus bank bailout agreement is pure theft: 40% of private deposits to be looted from selected accounts

3/25/2013 - A brand new looting arrangement has been reached concerning Cypriot banks. It involves seizing the funds of all accounts over 100,000 euros, then stealing up to 40% of those funds sometime over the next few weeks, or whenever EU bureaucrats get around to deciding exactly how much to steal. So instead...

Cyprus government's rejected seizure of private bank accounts may still set off 'systemic consequences' across Europe

3/21/2013 - If you still believe European-style socialism is the correct course for America, as President Obama and progressive Democrats seem to, what is currently happening in Cyprus - and what could soon take place across the Eurozone - ought to finally convince you of the fallacy of this failed economic model. As...

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...

Financial alert: Germany's Constitutional Court decision either means a rapid Eurozone financial collapse, or inevitable hyperinflation

9/11/2012 - The financial collapse of the Eurozone may be upon us. This Wednesday, September 12, the Federal Constitutional Court of Germany must decide whether it is legal for Germany to participate in the financial bailouts of other nations in the Eurozone. The court has been inundated with tens of thousands...

Euro collapse imminent, experts believe

8/30/2012 - The future does not look very promising for the euro, the flailing currency of the European Union (EU). Speculation among many bankers, company executives, investors, government officials, and others that the euro is about to completely unravel are actually helping to fuel the currency's decline, say...

Finland preparing for 'full-blown currency crisis' and collapse of Eurozone

8/17/2012 11:28:29 AM - In a shocking admission that shows just how serious the ongoing "Eurozone" crisis truly is, a Finnish official has come forward with information about how his country, which is among the strongest in the European Union (EU), plans to deal with a potential break-up of the euro. Erkki Tuomioja, Finland's...

Massive cyber bank raid steals 60 million euro from dozens of international financial institutions

7/4/2012 - It's bad enough the European governments are hemorrhaging money, now tens of millions of euros have been cyber-lifted from bank accounts by high-tech hackers operating a widening fraud ring. A joint report by software security maker McAfee and Guardian Analytics said more than 60 firms have lost...

EU breakup imminent: Talk of limiting ATM withdrawals, halting flow of money across borders

6/14/2012 - It may not be long before it's back to the future for Europe. Once, the continent was a collection of independent nations, not tied by language, culture or religion, even. About the only thing European nations shared was geography; they all belonged to the same continent. That all changed in the...

Greece, Spain near chaos and economic collapse

6/11/2012 - Europe's economies have been on a fiscal collision course for years, what with more people taking from the various socialist systems around the continent than paying into them. But Greece and Spain are probably the closest to the abyss, economists warn, and are liable to plunge off the cliff any day...

Burning down the house - the coming global financial firestorm

12/13/2011 - This week a fire might start that will burn the western financial system down to the ground. Important people like George Soros warned, "The current global financial system is in a self-reinforcing process of disintegration, the developed world is falling into deflationary debt trap." I have been...

Financial Collapse

7/15/2011 - "There is a growing sense of despair in Brussels. Unlike previous attacks on the euro project, the latest downgrade of Portugal's debt by the ratings agency Moody's feels like the beginning of the end. Those economists and fund managers, who argued that a second bailout for Greece with private sector...

Irish Voters Reject Lisbon Treaty in a Victory for Democracy in Europe

8/2/2008 - On June 12th, 2008, Irish voters rejected the Lisbon Treaty by a large majority of 53.4% to 46.6%. This result is all the more incredible when one considers that all the main political parties, business groups, trade unions, and a national farming association presented a united front to campaign for...

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