Tag: european

March 19, 2013 0

Laughable Hypocrisy from the Thick Book of EU Lies and Hypocritical Statements

By News Desk

Here’s one for the thick book of EU lies and hypocritical statements " Deposit guarantees only protect against bankruptcy, not levies " Guarantees on deposits in the European Union are only there if a bank completely collapses, and does not protect from fiscal steps decided by parliaments, the European Commission said on Tuesday, defending a decision to impose a levy in Cyprus. Excuse Me! What are the Cyprus banks, if not shutdown, collapsed, and bankrupt

March 18, 2013 0

Put a German Flag in Cyprus; Poker or Chicken? Cyprus Archbishop Says "Leave the Eurozone and Readopt the Cyprus Pound"

By News Desk

EU officials are now swarming over Cyprus threatening to cut off funds to Laiki , Cyprus’ second largest bank if the deal does not go through. Nonetheless, Cypriot politicians are balking because they know what will happen to those who go along with EU blackmail threats

March 17, 2013 0

Cyprus Details: Blackmail, Bulldozer Threats, Bank Holiday to Tuesday; Calls to Exit Eurozone; Reflections on Arrogance and Idiocy

By News Desk

As details of the EU’s heavy handed blackmail of Cyprus come pouring in, the volatile reactions mount as expected. Cyprus President Statement on Confiscation of Accounts 5

March 13, 2013 0

Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP; Spain’s Tax Revenue Drops 20% in Face of VAT Hikes

By News Desk

Via Google Translate, El Economista reports Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP . The government deficit in terms of national accounts in January reached 12.729 billion euros, equivalent to 1.2% of GDP, representing an increase of 35.4% over January 2012.

March 11, 2013 0

Crying Wolf

By News Desk

See the original article here: Crying Wolf

March 7, 2013 0

Windows 8 Adoption at Standstill; Microsoft Slashes OEM Bundle Price to $30 from $120

By News Desk

ExtremeTech reports Microsoft cuts the price of Windows 8 and Office 2013 .

February 27, 2013 0

France Unemployment Highest Since 1997

By News Desk

France Unemployment Highest Since 1997 In the easy to see coming category (thanks to the socialist policies of French president Francois Hollande) French unemployment level hits 15-year high . Unemployment numbers in France rose by 43,000 in January to 3.16 million, an increase of 10.7 percent from last year, the labour ministry revealed on Tuesday. The figure is at its highest since January 1997, when it reached 3.19 million.Â Â Rising unemployment is a setback for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.

February 25, 2013 0

EU Doesn’t Like Its Forecasts, So It Removes Them From Its Site

By News Desk

With thanks to Yogi Berra, making predictions is hard, especially about the future. And with constantly revised forecasts for the EU, the European Commission decides the safe safe thing to do is Eliminate Forecasts for 2015 . Via Google Translate from El Economista ..

February 16, 2013 0

2012 Export Growth by Country; China and US at Top of List; World Trade Slowdown; Rebalancing at Glacial Pace

By News Desk

Read More: 2012 Export Growth by Country; China and US at Top of List; World Trade Slowdown; Rebalancing at Glacial…

February 12, 2013 0

Cyprus "Radical Rescue" Proposal Proves Greece Not Unique; Sovereign Haircuts Detailed in "Secret" EU Plans; Russian Connection

By News Desk

Today the Financial Times posted news of a Radical rescue proposal for Cyprus A radical new option for the financial rescue of Cyprus would force losses on uninsured depositors in Cypriot banks, as well as investors in the countryâ€™s sovereign bonds, according to a confidential memorandum prepared ahead of Mondayâ€™s meeting of eurozone finance ministers. The proposal for a â€œbail-inâ€ of investors and depositors, and drastic shrinking of the Cypriot banking sector, is one of three options put forward as alternatives to a full-scale bailout. The ministers are trying to agree a rescue plan by March, to follow the presidential elections in Cyprus later this month