The European Central Bank has increased the emergency funds available to Greek lenders by $1.1 billion, in an attempt to keep Greece in the eurozone. But, euroarea officials have told Greece they have zero trust in its ability to deliver effective policy.
The US was forced to change its mind over cooperating with the China-led development bank after its allies refused to join a boycott, which is a sign that dollar hegemony is not lasting, Lew Rockwell, chairman of the Ludwig von Mises Institute told RT.
Britain’s next government must have the freedom to develop the NHS without legal challenges stemming from the Transatlantic Trade and Investment Partnership (TTIP), parliament’s business, innovation and skills committee has warned.
Austria is looking to join the China-led Asian Infrastructure Investment Bank (AIIB), Xinhua news agency reported, citing a top official. It is the latest European nation to invest in the bank, which is seen as the future rival of the US-based World Bank.
Nearly 50 companies have been named and shamed by the British government for failing to offer their employees the legal minimum wage. The firms in question span Britain’s fashion, publishing, retail and health and fitness sectors.
What Greece is trying to achieve negotiating with the EU is to have time and political space in order to implement a social program of reform, Greek Minister or Administrative Reform George Katrougalos told RT.