Tag Archives: Portugal.

The Battle Lines are Clear: New Paradigm, or Economic Chaos and War

We’re happy to bring you this week’s webcast with Helga Zepp-LaRouche. There is a rebellion in Europe! From the Yellow Vests, to Brexit, to the political crisis in Germany—mass ferment continues to build against the imploding neo-liberal order. The exception … Continue reading

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‘Zombie Banks’ To Bring Mass Death to Human Beings in Europe and America

With just days now until “the catastrophic threat of bank bail-in” becomes reality all over Europe, the warnings are proliferating. “Europe’s Zombie Banks” is the headline of an article in the global edition of Germany’s financial daily Handelsblatt Dec. 29, … Continue reading

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Evans-Pritchard Argues that Banco Espirito Santo Was Bailed Out

City of London mouthpiece Ambrose Evans-Pritchard writes that the “rescue” of Portugal’s Banco Espirito Santo was a bail-out and not quite a bail-in, and that European officials backed off on bailing in all creditors and unsecured depositors by their new … Continue reading

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Hysteria Grips Some Central Banks as Collapse Threatens

Both the International Monetary Fund and Mario Draghi have again tried hard over the past 24 hours to conjure a big Eurozone “quantitative easing” scheme into existence, as the European banking system is showing signs of an early “recollapse” which … Continue reading

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Today, Leading Bank in Portugal Is Going Under; Who Will Join Them Tomorrow?

The German government has issued four draft bills to introduce the European Union bail-in regime by 2015, a year earlier than the EU had been considering. There can be only one explanation for this rush: fear of an imminent, systemic … Continue reading

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Portuguese Government Seeks To Criminalize Exposes Of Its Nazi Destruction Of National Health Care

The medical community of Portugal has declared war on the bill drafted by the Health Ministry, which would prohibit doctors and other health care personnel from issuing public statements, either personally or by means of third parties, which “could call … Continue reading

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Real Unemployment in Europe Keeps Rising

It was modesty, no doubt, that prevented the IMF from taking credit at their annual meeting last weekend, for the success story that their policies have produced across Europe. The latest official statistics released by Eurostat indicate that the real … Continue reading

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“The Time of the Troika” Is Finished, Say European Parliamentarians Heading Investigative Group

  A special delegation of Members of the European Parliament (MEPs) from the Economic and Monetary Affairs Committee (ECON), tasked with investigating the EU Commission-European Central Bank-International Monetary Fund Troika, and with co-rapporteurs Othmar Karas (Austria, EPP Group) and Liem … Continue reading

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Portugal’s Supreme Court Overturns Pension Cuts

On Thursday, Portugal’s Supreme Court issued an unanimous decision that the law mandating a 10% cut in public pensions of over 600 euros ($820) a month is unconstitutional. The court ruled that the pension cut violates “the principle of protection … Continue reading

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Those in Europe Who Play the Game, and Those Who Refuse

First came Socialist Francois Hollande’s sell-out to the financial interests once elected President of France. Now German Social Democrats have joined a Grand Coalition government with Merkel’s green-austerity team, see below. Two elders of the Socialist Party in Portugal are … Continue reading

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