EUROPE | WHAT REALLY HAPPENED

EUROPE

Jul 01 06:47

Norwegian kids allowed to become transgender in 7 years

The Norwegian government introduced legislation, enabling children to change their sex in the age of 7. Thus, the country will have one of the lowest age, allowing to change sex.
The vast majority of the European countries let citizens to change sex only since the age of 18.
The Royal Norwegian Ministry of Health and Care Services claimed that in a case a kid wants to change sex being from 7 to 16 years old, he should advise the parents first. After the permission, the surgery can be conducted without any psychological or medical study.
Some years ago, the Head of the Dutch Ministry of Foreign Affairs signed a declaration to stop violence and discrimination regarding nonconventional sexual orientation representatives.

Jul 01 05:51

Greece has not applied to Russia for financial aid — finance minister

Greece has not applied to Russia for financial aid in recent days, Finance Minister Anton Siluanov told reporters on Wednesday.
"No," - he said when responding to the relevant question.

Jul 01 03:09

Beyond Greece: The Euro’s Fundamental Flaw

Jul 01 02:05

Crowdsourcing campaign to bailout Greece launched by British shoe shop employee

A British shoe shop worker launched a crowdfunding campaign to help Greece pay back its $1.8 billion IMF loan, which was to fall due Tuesday. There was so much enthusiasm behind the campaign that the host website's servers were crashed from the traffic.

Jul 01 01:55

Greece’s Downfall and Redemption

Decades of exorbitant military spending account for Greece’s present downfall under an Olympian-sized debt. European governments and news media portray the problem of Greece’s financial woes as public spending profligacy.

Jul 01 01:49

Alexis Tsipras must be stopped: the underlying message of Europe's leaders

One day before Greece’s bailout ends and the country’s financial lifeline melts away, Europe’s big guns have lined up one after another to tell the Greeks unequivocally that voting no in Sunday’s referendum means saying goodbye to the euro.

Jun 30 22:55

Greek Referendum on IMF Ultimatum

This is a test. Will the internationalist banksters force extraction of their ill-gotten interest payments to bail out their reckless derivative trades gone wrong, or will a sovereign country abandon the chains of financial elite coercion and renounce their IMF and ECB debt? Make no mistake about it, Greece has lived high on the hog for decades and has serious internal problems. There is no free ride. However, the pain from the coming default is necessary to shed the yoke of a failed European Union construct.

Jun 30 22:41

Letter to God

Please forgive my cynicism and negative connotations in this letter but I find it is often necessary to infuse the negativity to emit action, anger and resolution.

Why do You allow the criminal, corporate media to continuously and incessantly lie to its citizens and not only misrepresent the facts but often fabricate stories in order to inflate the severity of the fiction?

Jun 30 22:36

Greece – A Moving Target

Mr. Tsipras lets it be known that if the Greek vote ‘yes’ – for the austerity program, he may resign – that might bring the hegemon’s desired ‘regime change’.

Greece is a moving target. A new bail-out package in the wings? Being negotiated as these lines are going to print? An act of desperation? – Confusing for sure – for the electorate, for observers – but especially for the suffering every-day Greek. Almost hour by hour things are changing.

A last-minute, last ditch negotiation with Brussels for a new bail-out program has apparently been initiated by Athens for two years. No amount has been mentioned – let alone the austerities that Greece would have to accept – or the troika.

Jun 30 20:39

Greece becomes first developed nation to default on international obligations

The International Monetary Fund has confirmed that it didn't receive the €1.5 billion payment from Athens that was due by the end of June 30, Brussels time, as Greece becomes the first developed country to default on its international obligations.

Jun 30 19:11

‘Greece not for sale’: PM Tsipras urges ‘no’ vote on Euro bailout referendum

All eyes are on Greece today, as it moves closer to defaulting on an IMF repayment, which is due in 10 hours.

Jun 30 19:03

Barack Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis

Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece. On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved“. And apparently Obama is not too concerned about the debt crisis in Puerto Rico either.

Jun 30 17:56

Eurozone Nears Chaos as Greek Banks Close

Jun 30 15:52

Athens Agonistes: Troika Extremists Write New Greek Tragedy

The people of Greece are being driven to their knees by a gang of brutal religious extremists, willing to destroy whole nations for the sake of something that doesn't even exist. Yet the 'civilized' world cheers these barbarians on as they despoil the cradle of Western democracy.

Greece is facing total collapse unless it knuckles under to the draconian demands of the bizarre cultists known as the Troika, a sinister union of three extremist groups (the I.M.F., the European Central Bank and the European Commission) who seek to impose their harsh and rigid way of life across the world. They insist that control of a nation's wealth be given over to a few powerful emirs and the Troika's favored moneylenders in its richer satrapies.

Jun 30 15:34

The bank holidays in Greece are no holiday at all

The history behind the familiar concept of the European “bank holiday” dates back to 1871, when the Bank Holidays Act was passed in the United Kingdom. It established four days each year when banks would be closed. Typically those days fell on major religious holidays. By the end of the nineteenth century, bank holidays had become a familiar part of life in the UK and Commonwealth countries - they were also considered unofficial national holidays in Ireland and then the custom spread to continental Europe in the twentieth century.

Jun 30 15:19

The Care and Feeding of a Financial Black Hole

If the black hole does succeed in sucking in Greece, then which country is next? Will it be Italy, Spain or Portugal? And, as that process continues, at what point will enough people say that enough is enough? Because when they do, the black hole will shrivel up.

n/a
Jun 30 14:51

A Gang of Wolves Comes for Greece

The election of an anti-austerity Syriza government in Greece signalled trouble for the powers-that-be in the European Union. Principally Germany which has no interest in rethinking how the EU operates, since it serves German interests so well, but also the most powerful European institution: the European Central Bank (ECB).

Jun 30 13:43

Greece willing to call off referendum in exchange for loan deal: Reuters, citing sources

The government today tabled a new proposal asking 2-year program covering the needs of chrimatodtotikes #ert country
Meaning now have choices and actions will open good prospects for the country and Europe #ert
To find a solution we must recognize the reality
The program failed and was stagnant since last August . Today ends minutes
The Greece is seeking a solution that will not constitute a submission but will not disclaims the country responsibilities
The government seeks a new financing program for 2 years
We need a new design for its debt so that it becomes viable
Last Monday Greece submitted a proposal to its Institutions considered a good basis for discussion
The next day , the same proposal was cast in " bucket " , there has been the engagement
We seek to stabilize the economy and the start of the development process
After five years of recession and austerity we can not talk about reducing salaries and pensions as far as exit from the crisis

Webmaster's Commentary: 

The story does not support the Reuter's headline

Jun 30 13:05

On Greece and Europe: What is Called “Negotiation” is a Demand for Total Surrender

What is called “negotiation” is in reality a demand for total surrender. The Troika’s demand is to force Syriza to go back on the campaign promises that it made to voters who replaced the old right-wing Pasok (“socialist”) and Conservative New Democracy coalition, or else simply apply the austerity program to which that coalition had agreed:cutbacks in pensions, deeper austerity, more privatization selloffs, and a tax shift off business onto labor. In short, economic suicide.

Jun 30 13:04

‘New demands on Iran – deliberate stumbling blocks’

All sort of things in these negotiations are going on behind the scenes, not only between the P5+1 and Iran but between the Western allies as well.

Additional demands on Iran at the nuclear talks put forward by France are basically impossible to fulfill; it’s unlikely that they were made without the full knowledge and approval of the US, says political commentator Soraya Sepahpour-Ulrich.

Jun 30 13:01

Russia: Tit for Tat – Israel Shamir.

Summing it up, President Putin speaks softly. If he carries a big stick, he does not flash it around.

Hail, fire and brimstone, new sanctions or the US tanks on its borders, Russia takes things in stride. President Putin could adopt the motto of William of Orange: saevis tranquillus in undis, calm amidst the tempest.

Jun 30 12:30

Europe Will Soon Impose Border Controls

Europe is imposing capital controls… next up will be border controls.

Why border controls? Well in truth, it was all about the money… specifically, physical cash. As we’ve noted before… with the vast majority of the global financial system based on digital money… the minute a significant number of depositors try to move their money OUT of a bank and INTO physical cash, the whole system can collapse.

Webmaster's Commentary: 

Watch for the same thing to happen here, ultimately, as a method of stemming financial contagion, if things get too bad financially.

Jun 30 11:36

'No to Austerity': Tens of Thousands Back Syriza at Rally in Athens

Tens of thousands gathered in Athens on Monday night, adding their voices to the ranks of the Syriza government officials and international observers who are urging Greek citizens to act boldly and reject the terms of an aid deal offered by Greece's austerity-loving international creditors.

Webmaster's Commentary: 
Jun 30 11:35

Europe’s Attack on Greek Democracy

The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.

Jun 30 11:32

Greek Deputy Minister of Defence: there is no panic about banks closing

The Deputy Head of Greece Ministry of Defence, co-chairman Russian-Greece intergovernmental commission Kostas Isikhos told that there was no panic in Greece in connection with bank closings on a week.
According to him, despite temporary banks closing, all clients have an access to their accounts, cash machines, but money limitation is 60 euro a day.
Such measures were taken in order to protect Greek banks and freeze an outflow of funds.
Country`s Ministry of Finance informed on Tuesday, that around one thousand banks all over Greece would be opened since July 1 on three days for retirees who don’t have bank cards.

Jun 30 11:26

Saab signs deal worth billions for Swedish subs

A deal between Swedish defence giant Saab and Sweden's military for two submarines worth 8.6 billion kronor ($1.04 billion) is set to boost jobs in the Nordic country, chief executive Håkan Buskhe said on Tuesday.

Jun 30 11:24

‘Britain to send fence to France to block migrants’

Britain is reportedly set to build a 2-mile fence at the Channel Tunnel to stop migrants from boarding UK-bound trains.

Home Secretary Theresa May has said she wanted to send a “very clear message” that people will not be able to get through to the UK through this, the Daily Mail reported.

She said, “We are working very closely with the French authorities on this issue. We have been doing a number of things to increase security around the port.

“We are making a number of changes at Calais to increase security, we're also going to be putting some extra security fencing at Coquelle at the entrance to the Tunnel.”

The report says migrants have been trying to hide in vehicles waiting to board Channel Tunnel services at Coquelles and at the ferry port of Calais.

Webmaster's Commentary: 

Translation of this message, from the UK and France, to desperate immigrants: "Kill your children first, then yourselves next: we will incinerate your bones and use them for soil enrichment!"*

*Due to the recent bovine spongiform encephalopathy (BSE) crisis in the European beef industry, the use of animal-derived products to feed cattle is now severely restricted. Large quantities of waste animal meat and bone meal (MBM), also known as animal flour, have to be safely disposed of or transformed. One disposal option is pyrolysis. Vacuum pyrolysis of an animal flour sample has been performed in a laboratory reactor. The results obtained revealed that vacuum pyrolysis can be an attractive alternative to incineration and cement kilns. The process generated a combustible gas (15.1 wt %), a high calorific value oil (35.1 wt %), a solid residue rich in minerals (39.1 wt %), and an aqueous phase rich in organics (10.7 wt %). The gas and the aqueous phase can be used to provide heat to the vacuum pyrolysis reactor and the MBM drying unit. The oil can be used alone or mixed with petroleum products as a fuel in boilers or gas turbines. Conversion of animal waste by pyrolysis into fuels can contribute to the reduction of greenhouse gases. It is suggested to use the solid residue for agricultural soil enrichment in minerals and as a soil moisturizer.

To the leadership of the UK and France; some of these people cannot possibly go home, because they will be tortured and killed; others are trying to escape crushing poverty and corrupt governments at home.

And THIS policy is your most "compassionate answer" to their pain?!?

Please think again, leadership of the UK and France: you can do better than this.

Jun 30 11:02

Athens has plan B if EU refuses to finance Greece

Athens has "plan B" in case the EU does not resume its financial aid to Greece, Energy Minister Panagiotis Lafazanis said in an interview with the Rossiya 24 TV channel.
"I think that at the referendum Greeks will say their "no" to the blackmail Europe is now applying to us. After that the banks will re-open and everything will be fine. If our people say their definite "no" to this blackmail, but Europe does not change its attitude and does not resume financing, we have "plan B". The lack of money from the EU is not the end. There are other sources as well," Lafazanis says.
He refused to disclose any details of the plan. He said he hopes that that the solution will be found.

Jun 30 10:47

NATO Member Turkey Breaks Ranks: Slams EU Austerity, Offers Greek Aid

While perhaps not on the scale of China or Russia assistance, Turkey has thrown its hat into the Troika-Greece farce by offering financial assistance to its embattled neighbor. As ekthimerini reports, "We are ready to help Greece survive its economic crisis with cooperation in tourism, energy, trade," Turkish Prime Minister Ahmet Davutoglu said and Turkey's left-wing parties showed solidarity by adding, "we believe that apart from imposing austerity policies on peoples of Europe, there can be more reasonable agreements." While no aid has been asked fro Turkey says it is ready to evaluate options.

Jun 30 10:46

Varoufakis threatens EU with court as Greek default looms

Greece may take EU institutions to court to stop its creditors from pushing the country out of the eurozone. Athens' bailout expires Tuesday and a default could mean it is exiled by Brussels.

Jun 30 10:40

Greece Over the Brink

It has been obvious for some time that the creation of the euro was a terrible mistake. Europe never had the preconditions for a successful single currency — above all, the kind of fiscal and banking union that, for example, ensures that when a housing bubble in Florida bursts, Washington automatically protects seniors against any threat to their medical care or their bank deposits.

Jun 30 10:31

Greece Asks For 2-Year Bailout From ESM, Merkel Promptly Shoots It Down

Update 2: The Greferendum cancellation calls have begun and Greece has now effectively applied for a DIP loan.

GREECE MUST CANCEL REFERENDUM TO ALLOW PROPOSAL AIRING: GABRIEL
GABRIEL: GREEK TALKS CAN RESUME QUICKLY IF REFERENDUM KILLED
GREECE REQUESTS LOAN EXCLUSIVELY FOR MEETING DEBT PAYMENTS: DOC
GREECE REQUESTS BAILOUT EXTENSION TO AVERT DEFAULT: DOCUMENT

Jun 30 10:22

Greece’s Downfall and Redemption

What the Greek people can turn to is a realistic and altogether more democratic and humane option – of demanding their country slash its monstrous military spend.

Decades of exorbitant military spending account for Greece’s present downfall under an Olympian-sized debt. European governments and news media portray the problem of Greece’s financial woes as public spending profligacy.

Jun 30 09:25

Will Greece Stem the Tide of Default?

Jun 30 09:16

Greek debt crisis - live updates

The head of the European Commission has made a last-ditch proposal to try to save Greece from default. The Greek premier is reported to be considering the offer.

Jun 30 08:49

A gang of wolves comes for Greece

The election of an anti-austerity Syriza government in Greece signalled trouble for the powers-that-be in the European Union. Principally Germany which has no interest in rethinking how the EU operates, since it serves German interests so well, but also the most powerful European institution: the European Central Bank (ECB).

As of Saturday, June 27, it is clear what Syriza was up against. As Greek Finance Minister Yanis Varoufakis explained, the Eurogroup (finance ministers from the 19 countries that use the euro -- collectively, the Eurozone) was never prepared to discuss the anti-austerity proposals put forward by Syriza and provide debt relief for Greece.

Jun 30 08:47

Greece asks for new 2yr bailout program

The Greek government has asked for a new bailout program from the European Stability Mechanism (ESM), that’ll cover all the country’s financial needs for the next two years, according to the government statement.

The request also includes a restructuring plan for Greek debt to the European Financial Stability Facility, that accounts for about 63 percent of the Greece's total debt.

n/a
Jun 30 05:38

Greeks to say 'no' to Europe at referendum - expert

European Commissioner Guenther Oettinger told German publication Handelsblatt that the decision about the referendum was unfriendly. Is there a cold war brewing between the European Union and Greece?
Pravda.Ru asked this question to Drector of the Greek Cultural Center, Theodora Giannitsi.
"This is a natural result of the impasse process of negotiations - the period that lasts for five years. This is maybe the time, when it is peoples that stand responsible for their actions, for their leaders' actions, as well as for the future of the so-called Europe," she told Pravda.Ru.
We asked the expert what would be the results of the negotiations. The Greek people are tired, she replied. The expert believes tat the Greek people will say no to the conditions that the European Union has been imposing on Greece for the last five years.

Jun 30 04:55

Markets Crash on Greece

Jun 30 04:24

White House Says It Expects Greece To Keep Commitments

Webmaster addition: This is how the financial firms that sold credit default swaps against Greece's debt plan to avoid having to pay for them, by saying there is no default because Greece will pay back the money ... eventually ... somewhere down the road ... next century ... maybe ...

Jun 30 03:27

US to work together with EU to prevent Grexit

US will work together with its European colleagues to prevent Greece’s default and exit from the euro zone, the White House press service said on Monday after talks between US President Barack Obama, French President Francois Hollande and UK Prime Minister David Cameron.
The leaders said their economic teams were in close contact and were monitoring developments in Greece and financial markets, the White House said.

Jun 30 03:26

Greece threatens to sue EU institutions to block country’s expulsion from euro zone

Greece may seek a court injunction against the EU institutions to block the country’s expulsion from the euro zone and stop suffocation of the Greek banking system by the European Central Bank, Greek Finance Minister Yanis Varoufakis said on Monday.
"The Greek government will make use of all out legal rights," the Daily Telegraph cited Varoufakis as saying. "We are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable," the finance minister said.

Jun 30 03:25

Europe blackmailing Greece, says minister in Athens

"The country has lived under the toughest imaginable pressure from European institutes in the past five months," he said. "They’re forcing us to do the things they’d like us to do."
"This unprecedented blackmail put us in the face of a choice, namely, either we accept what they recommend and what will put Greece to its knees and will destroy the remainders of our economy and society, or else we pull out of the euro area," said Lafazanis, one of the leaders of the ruling Coalition of the Radical Left.
"But we didn’t accept this blackmail and told them we must ask our people whether or not it accepts blackmailing," he said. "Hence we needed a referendum."

Jun 29 23:04

Group behind intercepted Gaza flotilla accuses Israel of 'piracy'

Organizers of a Gaza-bound flotilla that was intercepted by the Israeli navy complained Monday that they were victims of an act of piracy, while Israeli officials denounced the pro-Palestinian campaign as hypocritical and unnecessary.

Jun 29 20:52

Beggar Thy Neighbor? Greece's Battered Banks Beget Balkan Jitters

"Millions of people in ex-Communist Bulgaria, Macedonia, Albania, Serbia and Romania have deposits in banks owned by Greek lenders, putting this corner of south-eastern Europe in the frontline if there is contagion from the Greek crisis."

Jun 29 20:48

The Mood On The Ground In Greece: "Some Have Raised The Prospect Of Civil War"

"There have been some people that worry that the military may actually get involved. It wouldn't surprise me - there are some people in Greece that have raised the whole prospect of potential civil war."

Jun 29 20:11

Greece Crisis – How Safe Is YOUR Bank Account? Michael Rivero - June 29, 2015

Jun 29 19:40

16 Facts About The Tremendous Financial Devastation That We Are Seeing All Over The World

As we enter the second half of 2015, financial panic has gripped most of the globe. Stock prices are crashing in China, in Europe and in the United States. Greece is on the verge of a historic default, and now Puerto Rico and Ukraine are both threatening to default on their debts if they do not receive concessions from their creditors.

Jun 29 17:10

The Troika Intends to Suffocate Greece. Threaten an “Uncontrollable Crisis”…

The Central Bank of Greece surprised everyone with the publication of their monetary politics for 2014-2015. Besides revealing the consequences of the economic suffocation imposed by Brussels, it concluded that in case of not getting to a prompt deal with its European partners, a crisis of great proportions will be detonated.

“A crisis with a manageable debt as we are currently facing with the help of our partners will transform into an uncontrollable crisis, with great risk for the banking system and for the financial stability”, it quoted[1]. It was the first time this institution seriously contemplated Greece’s separation from the Eurozone.

Jun 29 16:59

Less Than 24 Hours In, Panic Hoarding Begins…

For those wondering how long they have after a full financial collapse before the shelves are empty at the grocery stores, it appears the answer is under 24 hours, as the focus has shifted in Greece from bank and ATM runs to bread and milk runs…

Jun 29 16:46

Default countdown? European banks lose €50bn as Greek debt deadline nears

The market value of European banks has shrunk by more than €50 billion after Greece shut down its banks until July, 6, the day after the referendum on the bailout deal is held.

The Stoxx 600 Banks Index fell by 4.4 percent, the biggest daily decline since November 2011, Bloomberg reports. Among the biggest losers is Portugues Banco Comercial down 9.1 percent, and Italy’s Banca Monte dei Paschi di Siena which slumped 7.2 percent. Spain’s Banco Popular Espanol has lost 6.5 percent and Banco de Sabadell was down 5.4 percent.

Jun 29 16:33

GREECE MAY BE The NEXT LEHMAN BROTHERS

Jun 29 14:46

Joke of the Day: NATO to Beat Russian Propaganda With 'Facts'

Says NATO’s political head Jens Stoltenberg

Meanwhile EU is to promoto “European values” in the post-Soviet space which actually means:

funding pro-EU NGOs and media
training journalists
influencing national media regulators (censors)

Jun 29 14:42

Iceland hands corrupt bankers prison sentences of up to four years and six months

Six defendants in the Kaupþing market manipulation case, the biggest case of this type in Iceland’s history, have been handed prison sentences ranging from one year to four years and six months.

Jun 29 14:38

Breathtaking German hypocrisy: Germany owes Greece 11 billion euros in unpaid loans

This little fact changes everything.

In 1943, Germany forced the Bank of Greece to lend it two loans worth 11 billion euros in today’s money.

And Germany has still not paid back the debt.

Jun 29 14:34

IMF has made €2.5 billion profit out of Greece loans

In April this year, figures released by the Jubilee Debt Campaign show that the IMF has made €2.5 billion of profit out of its loans to Greece since 2010. If Greece does repay the IMF in full this will rise to €4.3 billion by 2024.

Jun 29 14:21

A New Mode of Warfare - The Greek Debt Crisis and Crashing Markets

Eurozone financial strategists made it clear that they wanted to make an example of Syriza as a warning to Spain’s Potemos party, and anti-euro parties in Italy and France. The message was supposed to have been, “Avoid our austerity and we will cause chaos. Look at Greece.”

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