Tag Archives: Eurozone

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, Euro, Europe, 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, Euro, Europe, financial, Germany, Greece, greek, hikes, inflation, Italy, lifestyle, living, marketing, measures, Poor, Portugal, Poverty, rt, Social, Spain, tax, tesa, unemployment, wagers, work | 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, Euro, Europe, 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, Euro, 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, Euro, Europe, 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, Euro, 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, Euro, financial, Germany, Greece, greek, hikes, Οικονομική, κρίση, λιτότητας, μέτρα, Αθήνα, Ελλάδα, measures, rt, tax, thanos, varoufakis, veremis, yanis | Comments closed

Cash is still king for debt-averse Germans

By dog | Published: August 15, 2012

Germany is lending its European neighbors billions of dollars to save the eurozone. But the German people are very reluctant to get into debt themselves. In fact, people there use cash to pay for things at a far higher rate than in other big economies. And most Germans would rather rent their home than buy, [...]

Posted in Al Jazeera | Also tagged aljazeeraenglish, berlin, clip, debt, europenews, Germany, nick, spicer, youtube | Comments closed

EU Finished? Turks flee Europe for delights at home

By dog | Published: August 13, 2012

For over two decades Turkey’s been seeking EU membership, a goal that has recently lost much of its appeal thanks to the ongoing Euro crisis. Financial gloom has caused some Turks – long term EU residents – to head home in search of better jobs and opportunities. RT LIVE rt.com Subscribe to RT! www.youtube.com Like [...]

Posted in Russia Today | Also tagged arcilla, austerity, belgium, brussels, crisis, debt, demirkazik, descrimination, EU, Europe, ibrahim, in, measures, migrants, murat, rt, saglam, selim, tesa, turkey, turkish, turks, yenel | 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, Euro, fernandez, financial, francisco, i, iberia, ignacio, juan, lora, mariano, mateo, measures, pinies, planes, rajoy, rt, ryanair, safety, security, Spain, spanish, toxo, yaroshevsky | Comments closed

Europe’s economic woes deepen amidst uncertainty

By dog | Published: August 10, 2012

Europe has had more bad news as the economic outlook looks very bleak. The Bank of England has admitted there will be little growth in the UK economy this year as the double-dip recession intensifies. he European Central Bank has warned that the debt crisis hitting the eurozone is causing the region’s financial market to [...]

Posted in Al Jazeera | Also tagged al, austerity, bank, clip, england, Europe, europenews, jazeera, of, UK, youtube | 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, Euro, exit, financial, greek, interview, laura, Prize, roger, rt, single, smith, wolfsen | Comments closed

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