Tag Archives: troika

China Concerned Over Global Effect of New Greek Debt Crisis

China appears to be concerned that a new Greek Debt crisis could lead to a new global financial crisis and even collapse the Eurozone which would have a huge impact on China. These concerns are expressed in a commentary entitled … Continue reading

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Who Will Implement the New Greek Program?

The big question now on the table, is, who will implement the bailout deal just worked out…  or not worked out? The issue is not which Greeks will implement it, but who among the creditors? On the Greek side, Prime … Continue reading

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Varoufakis Details EU-ECB Plot To ‘Humiliate’ Greece

In a long interview with the New Statesman published July 13, former Greek Finance Minister Yanis Varoufakis described how the Eurogroup and the ECB from the beginning plotted to put Greece up against a wall and force it into a humiliating … Continue reading

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IMF Leak Spurs Firestorm Over Debt Deal

Reuters was leaked a copy, Tuesday, of an IMF staff report dated July 14, that candidly admitted that the austerity deal struck over the weekend between the EU and Greece cannot work, and that Greece needs a huge debt write-down. … Continue reading

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Firestorm in Greece against ‘New Versailles Treaty’

The plan Greek Prime Minister Alexis Tsipras was brutalized into accepting from the country’s creditors, has created a huge popular backlash which calls into question whether the policy can be implemented. The sense of rage in the Greek population is … Continue reading

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The World Looks to Greece

On the verge of today’s historic referendum in Greece, we offer some updates on the situation. Greek Prime Minister Alexis Tsipras made some very pointed remarks to the Greek citizenry over the weekend, where he very accurately conveyed the significance … Continue reading

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Sinn Féin to show solidarity with people of Greece in Athens

Sinn Féin MEP Martina Anderson will travel to Athens tomorrow to stand in solidarity with the Greek people in their battle against austerity. Ms Anderson said; “As a proud Irish republican and dedicated internationalist, I will be in Athens on … Continue reading

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