Tag Archives: Euro

Bailout Alcoholism: ‘Govts sucked Eurozone dry’

By dog | Published: September 4, 2012

The European Union’s poorest state – Bulgaria – has shelved plans to join the Eurozone. Its Prime Minister cited the continent’s deteriorating financial climate and fears for the euro’s future as the reasons behind the single currency snub. Patrick Young, of the investment consultancy DV Advisors, says joining the Euro now, would only end in [...]

Posted in Russia Today | Also tagged austerity, brussels, bulgaria, collapse, conditions, crisis, debt, deficit, Europe, Eurozone, financial, Germany, Greece, greek, hikes, inflation, Italy, lifestyle, living, marketing, measures, patrick, Poor, Portugal, Poverty, rt, Social, Spain, tax, unemployment, wagers, work, young | Comments closed

Bulgaria dumps Eurozone: ‘Costs greater than opportunity’

By dog | Published: September 4, 2012

More bad news for the European Union, as ratings giant Moody’s slaps a negative outlook on the bloc, with a possible downgrade looming. It’s meant to reflect the troubles of it’s main budget contributor’s including Germany and France. Meanwhile, with one eye on the troubles of its neighbours, Bulgaria has put its Euro ambitions on [...]

Posted in Russia Today | Also tagged arcilla, austerity, brussels, bulgaria, collapse, conditions, crisis, debt, deficit, Europe, Eurozone, financial, Germany, Greece, greek, hikes, inflation, Italy, lifestyle, living, marketing, measures, Poor, Portugal, Poverty, rt, Social, Spain, tax, tesa, unemployment, wagers, work | Comments closed

Ready for Euro Collapse? Germany’s ex-currency alive & kicking

By dog | Published: September 2, 2012

While Germany is striving to make sure the Euro stays afloat, its old currency, the Deutschmark, is showing no signs of being discarded. RT’s Peter Oliver has the details of Berlin’s old school savings for a rainy day. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com [...]

Posted in Russia Today | Also tagged andreas, banks, berlin, bollig, bundesbank, crisis, currency, d-mark, debt, deutschmark, economic, EU, Europe, financial, Germany, klose, michael, national, oliver, peter, rt, unemployment | Comments closed

Poverty back in Europe: Brands target nouveau poor

By dog | Published: August 30, 2012

Record high unemployment in the EU has forced some of the larger consumer goods companies to shift marketing strategies. They target poverty-stricken Europeans’ demand for cheaper goods in the midst of an economic crisis – READ MORE on.rt.com RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com [...]

Posted in Russia Today | Also tagged arcilla, austerity, brussels, collapse, conditions, crisis, debt, deficit, Europe, Eurozone, financial, Germany, Greece, greek, hikes, inflation, Italy, lifestyle, living, marketing, measures, Poor, Portugal, Poverty, rt, Social, Spain, tax, tesa, unemployment, wagers, work | Comments closed

‘Greece is bankrupt. Full stop. Game over’

By dog | Published: August 24, 2012

It’s ‘crunch time’ for Greece right now – the German leader and French president are working out whether to grant Athens the ‘breathing space’ it says it needs to sort its finances out. The country’s been relying on international loans for over two years, but is struggling to meet its bailout conditions. Meanwhile, Chancellor Merkel’s [...]

Posted in Russia Today | Also tagged athens, austerity, collaplse, crisis, debt, Eurozone, financial, Germany, Greece, greek, hikes, Οικονομική, κρίση, λιτότητας, μέτρα, Αθήνα, Ελλάδα, measures, patrick, rt, tax, thanos, veremis, young | Comments closed

‘Germany must declare Eurozone ultimatum or stop bailouts’

By dog | Published: August 23, 2012

RT speaks to Thilo Sarrazin, a German politician and former Executive of the Deutsche Bundesbank, about the future of the EU and the single currency. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network [...]

Posted in Russia Today | Also tagged angela, austerity, bailout, barroso, brussels, collapse, crisis, debt, default, downgrade, economy, EU, Europe, Eurozone, exit, financial, france, future, Germany, Greece, greek, growth, hollande, market, merkel, rompuy, rt, sarrazin, thilo, van | Comments closed

‘Austerity = poverty, adjustment = exploitation, growth = private profit’

By dog | Published: August 23, 2012

Battered and bruised by austerity, Athens has begged the EU for ‘breathing space’. Regardless of whether Greece is given more time, its tactic to fight debt will remain the same: aggressive austerity, privatization and cuts. However, Andrew Gavin Marshall from the Centre of Research on Globalization thinks those reforms will do much more harm than [...]

Posted in Russia Today | Also tagged andrew, athens, austerity, collaplse, crisis, debt, Eurozone, financial, gavin, Germany, Greece, greek, hikes, Οικονομική, κρίση, λιτότητας, μέτρα, Αθήνα, Ελλάδα, marshall, measures, rt, tax, thanos, veremis | Comments closed

Greek Great Depression: ‘Everybody going down into black hole’

By dog | Published: August 22, 2012

Greece is asking for more breathing space to implement financial reforms and spending cuts, which have sparked years of widespread protests. The Prime Minister has to convince the Eurozone top brass later this week that he’s done enough to receive the next bailout installment. It’s worth 31-and-a-half-billion Euros, without which Greece will default and potentially [...]

Posted in Russia Today | Also tagged athens, austerity, collaplse, crisis, debt, Eurozone, financial, Germany, Greece, greek, hikes, Οικονομική, κρίση, λιτότητας, μέτρα, Αθήνα, Ελλάδα, measures, rt, tax, thanos, varoufakis, veremis, yanis | Comments closed

Flying Low: ‘Suicidal’ cuts strike Spanish aviation

By dog | Published: August 12, 2012

The Spanish government’s sweeping economic cuts are having serious knock-on effects across the country. The aviation industry is the latest to feel the pinch, with Spanish airlines cutting corners that could impact on passenger safety. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on [...]

Posted in Russia Today | Also tagged airplanes, aleksey, antonio, austerity, aviation, budged, carlos, checks, crisis, cuts, debt, easyjet, economic, EU, Eurozone, fernandez, financial, francisco, i, iberia, ignacio, juan, lora, mariano, mateo, measures, pinies, planes, rajoy, rt, ryanair, safety, security, Spain, spanish, toxo, yaroshevsky | Comments closed

‘Eurozone endgame – not Armageddon, a blessing’

By dog | Published: August 8, 2012

RT’s Laura Smith interviews economist Roger Bootle, who won the Wolfson Prize for developing a practical plan to dissolve the Eurozone. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and [...]

Posted in Russia Today | Also tagged armageddon, austerity, bootle, capital, collapse, crisis, currency, debt, Economics, EU, Eurozone, exit, financial, greek, interview, laura, Prize, roger, rt, single, smith, wolfsen | Comments closed

‘Stop robbing us!’ Spain turning into Greece?

By dog | Published: August 1, 2012

Spain’s regional leaders are squaring up to Madrid boycotting the latest tough deficit targets. The Eurozone’s 4th-largest economy is desperately trying to fill its budget gap and recently imposed the deepest cuts in decades. But, as Aleksey Yaroshevsky reports, people are refusing to accept measures which are taking them to the brink. RT LIVE rt.com [...]

Posted in Russia Today | Also tagged aleksey, austerity, crisis, crsis, cuts, debt, divisions, economic, EU, Europe, Eurozone, greek, madrid, measures, protests, rt, Social, Spain, yaroshevsky | Comments closed

Car-tastrophe: Crisis drives EU auto giants to shed thousands of jobs

By dog | Published: July 29, 2012

Europe’s auto industry is hitting a rough patch. Slowing car sales are putting a stop to the production lines of some of the EU’s top car-makers, with thousands of workers left out on the streets. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on [...]

Posted in Russia Today | Also tagged arcilla, automobile, car, cars, citroen, crisis, dollar, EU, Eurozone, france, french, Germany, industry, Italy, job, lille, paris, peugeot, peugeot-citroen, renault, rt, tesa, UK, unemployment | Comments closed

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