Tag Archives: Troika conditionalities

Glass-Steagall Introduced into Debate on Cyprus’s Accelerating Foreclosure Crisis

In the midst of growing popular outrage at the banks in Cyprus, Glass-Steagall-type banking reform has been introduced into the huge debate over the mortgage foreclosure crisis. The Troika (European Commission, European Central Bank, and International Monetary Fund) is demanding … Continue reading

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Ukraine Coup Coalition Splits, “Yats” Quits, Poroshenko Scrambles to Satisfy IMF

The Parliamentary coalition and government formed after the violent, neo-Nazi-driven and Western-backed coup in Ukraine last February collapsed on Thursday, followed by the surprise resignation of Prime Minister Arkadi “Yats” Yatsenyuk, whose candidacy was, infamously, promoted by U.S. Assistant Secretary … Continue reading

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Slaughter of Ukrainians a Windfall for Speculators

The International Monetary Fund package which the Ukrainian parliament was bludgeoned into accepting Thursday, is a close replica of the genocidal austerity imposed on Greece by the Troika (IMF, European Central Bank, and World Bank)—with one difference. In the Ukraine … Continue reading

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Ukrainian Illegtimate Government Rams Through IMF Austerity Package

There was an uproar in the Ukrainian Parliament (Supreme Rada) yesterday, when twice in a row, an insufficient number of MPs voted on a resolution to begin discussing the austerity package presented by the IMF (see below). Speaker of the … Continue reading

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IMF-Conditioned Bank Bail-in in Ukraine May Be Imminent

The IMF may be preparing to force a “bail-in” of bondholders by Ukraine banks — one which could escalate to depositors — and strong country- and bank-bond sell-offs and depositors’ runs are already reported underway at Ukraine local banks and … Continue reading

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Welcome to the EU! Kiev Neo-Nazis Planning To Cut Pensions by 50%

According to a draft document obtained by Kommersant-Ukraine, the illegitimate government in Kiev is planning to cut pensions by 50% as part of a massive austerity plan. The Finance Ministry has prepared a plan for optimizing budget expenditures, which implies … Continue reading

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Russia Holds the Strongest Position on Ukraine, Financially and Strategically

Russia is in by far the strongest position in relation to Ukraine, both financially and strategically—a far stronger position than the United States or the European Union—a City of London analyst said to EIR on Friday. Ukraine’s economy has been … Continue reading

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