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Tag Archives: Portugal.
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
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
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
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
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
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
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
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
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