#Greece: Crisis, Democracy, and the Euro

Source:  http://ilesxi.wordpress.com/2013/03/19/crisis-democracy-and-the-euro/ Τhree years after submitting to the Troika Memorandum, Greece is falling apart. GDP has contracted more than 21% according to IMF calculations, and it is expected to dive another 6% in 2013. Never in world economic history, since statistics began, was such a fall of production recorded without being preceded by a war…

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The decision by Eurogroup is nothing short of economic plundering and destruction for Cyprus. It must be rejected!

The Eurogroup’s decision to confiscate 6.75% of deposits in accounts up to 100,000 euros and 9.99% for sums over 100,000 is a decision destructive to Cyprus’ future and manifests an attack on the current situation of thousands of Cypriots. It is a decision which: •    Is harmful to small depositors •   Aims to wipe Cyprus…

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Bailing out the Oligarchs

Nick Dearden, Jubilee Debt Campaign UK We are on a fact-finding mission to Greece with people from Spain, Italy, Belgium, Cyprus, Macedonia, Ireland, Portugal and Germany. We want to examine the depth of the debt crisis on the people of Greece and to learn more about the means people are using to rebuild their communities…