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EU

​Greece's Varoufakis: Rather 'cut my arm off' than agree to current deal
Greece’s Finance Minister Yanis Varoufakis has pledged to resign if Greeks voted ‘Yes’ in Sunday’s referendum on the country’s bailout. He also said he would “prefer to cut my arm off” rather than sign the current deal with Greece’s creditors.

02.07.2015 14:19

260,000 Austrians sign EU exit petition, forcing referendum debate in parliament
Over 260,000 Austrians have signed a petition calling for the EU exit for the country, and now the Austrian parliament must discuss a referendum on the issue.

02.07.2015 13:57

Greece’s GDP to shrink 20% in case of ‘Grexit’ – S&P
A possible ‘Grexit’ will cause ‘severe’ consequences to the Greek economic system, warns the Standard and Poor’s (S&P) rating agency. It has increased the chances of Greece exiting the eurozone to 50 percent.

02.07.2015 13:33

‘Tying up economies like Germany & Greece was doomed to fiasco’
The eurozone project is a complete fiasco so Greece should be allowed to go back to the drachma, to devalue and to rebuild itself, columnist and podcaster Jon Gaunt told RT. This might be the beginning of the end of the whole EU he adds.

02.07.2015 12:44

Greeks will vote ‘Yes’ over bailout terms, polls and bookmakers suggest
The latest polls and betting suggest Greece will back the cash-for-reform deal proposed by creditors in the July 5 referendum. They point to a mood shift since Athens closed banks and limited cash withdrawals.

02.07.2015 07:44

TiSA WikiLeaked: Winners & losers of multinational trade deal
WikiLeaks has published secret “core text” related to the controversial trade agreement currently being negotiated behind closed doors between the US, EU and 23 other countries. Big corporations look to be the biggest winners in the deal.

02.07.2015 02:11

Europol launches cyber-unit to tackle jihadists’ propaganda
Europol has launched a cyber-unit consisting of some 15 experts aimed at combatting terrorist propaganda and related violent extremist activities. Officials cited the increasing online terror campaigns “challenging” EU security.

01.07.2015 15:50

Greece: The options
A simple guide to what may happen in the pressure cooker of a Greek default.

01.07.2015 13:11

Russia won’t go to OSCE parliamentary session in Helsinki – Duma speaker
Sergey Naryshkin says the refusal to participate in the forthcoming OSCE session was meant as a protest against arbitrariness and violations of main principles of democracy and parliamentary politics.

01.07.2015 11:32

​Greece ready to put off referendum if negotiations resume – PM of Malta
The Greek authorities have told European negotiators they are ready to suspend the referendum over confidence in the IMF and the EU, if the talks on financial aid to Greece resume, says the Maltese Prime Minister Joseph Muscat.

01.07.2015 08:46

Austerity not enough to save Greece - leaked IMF documents
Even if Greece accepted all of the austerity measures demanded by its main creditors, the Troika, it still would not be able to make ends meet by 2030, according to IMF estimates revealed in a set of documents obtained by a German newspaper.

01.07.2015 00:35

​Greece becomes first developed nation to default on international obligations
The International Monetary Fund has confirmed that it didn't receive the €1.6 billion payment from Athens that was due by the end of June 30, Brussels time, making Greece the first developed country to default on its international obligations.

30.06.2015 14:24