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Budget

​No federal bailout for Puerto Rico – White House
The United States will not provide a federal bailout for Puerto Rico, which says it cannot pay its $72 billion public debt, the White House announced. Officials pushed Congress to allow the commonwealth to declare bankruptcy, however.

30.06.2015 22:14

​Puerto Rico governor says island can’t pay its $72mn debt
With the world already jolted by the Greek financial crisis, another one is brewing in Puerto Rico. The island says it can’t repay its $72-billion debt. Governor Alejandro Garcia Padilla wants to defer payments and introduce drastic budget cuts.

29.06.2015 14:56

'Nonsense': Norway PM lashes out at NATO spending goals
The prime minister of Norway, Erna Solberg has described NATO’s defense spending plans as “nonsense.” The alliance wants members to spend two percent of their GDP on defense, but Oslo, one of the world’s richest countries, says it won’t meet the target.

29.06.2015 10:36

‘We don’t need EU permission’: Greek parliament ratifies bailout referendum
As an equal member of the EU, Greece does not need to ask permissions from anyone to let the Greek people speak and have their voices heard, PM Tsipras told his parliament, promising that the state’s sovereignty and future will be decided via referendum.

27.06.2015 23:03

Greece to hold national referendum on debt deal - PM
The Greek PM has announced a national referendum on July 5 on the conditions of the debt deal with international creditors. It’s up to the Greek people, Tsipras said, to make a fateful decision on the country’s sovereignty, independence and future.

26.06.2015 22:06

‘Greece trying to negotiate from position of both weakness and strength’
Athens still has cards up its sleeve and some surprising ones are likely to be played in its negotiations with the EU before the debt deadline, John Butler, Chief Investment Officer at Amphora Capital, told RT.

25.06.2015 13:17

'Save Greece from EU prison!' Desperate debt graffiti daubed all over Athens
As thousands of Greeks stage massive rallies over the debt crisis, some take to the streets expressing themselves through vibrant contemporary street art - both politically aware and socially engaged.

24.06.2015 13:13

Thousands rally in Athens amid summit to avert ‘uncontrollable Grexident’
Thousands have gathered in front of the Greek Parliament in support of Athens’s place in the eurozone, calling for a debt agreement to be reached as EU leaders and international creditors race against time to avert the country’s looming default.

22.06.2015 20:48

‘End Austerity Now’: Protesters speak out as '250k' decry savage Westminster cuts
Westminster was gripped by dissent on Saturday, as around a quarter of a million protestors poured onto the streets of London, condemning austerity’s assault on human rights, the economy and the environment.

21.06.2015 13:58

Britain to boost its military presence in E. Europe to ‘strengthen NATO’
British soldiers and fighter jets are going to do longer reassurance missions in Eastern Europe to send signals to President Putin on NATO member states’ commitment to collective defense, Britain's Defense Secretary Michael Fallon said Sunday.

21.06.2015 12:59

Greek debt crisis: Tsipras makes new proposals to EU leaders
Greek Prime Minister Alexis Tsipras has presented EU leaders new proposals on a "mutually beneficial deal" to solve the Greek debt crisis, according to his office.

21.06.2015 14:03

Massive anti-austerity march in London mounts biggest challenge to Tory cuts (VIDEOS, PHOTOS)
Hundreds of thousands of people took to the streets of London on Saturday in the UK’s biggest anti-austerity rally for years to oppose the new Tory government’s program of social benefit cuts and privatization. A reported 250,000 attended the rally.

20.06.2015 14:50