The Gang of Four: Presidents propose power of eurozone authorities over national governments

European leaders have drafted a radical plan to turn the 17 countries of the eurozone into a full-fledged political federation within a decade in an attempt to placate the financial markets by demonstrating a political will to save the single currency in the medium-term. Herman Van Rompuy of the European Council has proposed, with three […]

Greece could exit eurozone, IMF chief tells FRANCE 24

ShareThis Greece could exit eurozone, IMF chief tells FRANCE 24 15 May 2012 The head of the International Monetary Fund on Tuesday raised the possibility that Greece could leave the eurozone in an orderly fashion. “If the country’s budgetary commitments are not honoured, there are appropriate revisions to do, which means either supplementary financing and […]

Bilderberg Scheme To Save The Euro

Paul Joseph Watson | The Bilderberg Group is terrified that Greece’s potential exit from the eurozone could lead to a dramatic economic recovery and provide a template for other countries to follow suit. Read full article              

Eurozone seals second Greek bailout after tortuous talks

ShareThis Eurozone seals second Greek bailout after tortuous talks 21 Feb 2012 Euro zone finance ministers sealed a 130-billion-euro ($ 172 billion) bailout for Greece on Tuesday to avert a chaotic default in March after persuading private bondholders to take greater losses and Athens to commit to deep cuts. After 13 hours of talks, ministers […]

Out Of The Ashes Of The Collapse Of The Eurozone Will A “United States Of Europe” Arise?

All over Europe, headlines are declaring that the eurozone is on the verge of collapse. Many people falsely assume that this will mean the end of the euro and a return to national currencies. Unfortunately, that is not going to be the case at all. Instead, this is going to be yet another example of […]

New Greek government takes over with former banker at helm, finance minister unchanged

Greece’s new technocrat Prime Minister Lucas Papademos assumed power Friday at the helm of an interim coalition government that will seek to push through tough economic reforms and ensure the country avoids a catastrophic default. Papademos, a former European Central Bank vice-president, leads a government including ministers from three parties. Although the vast majority of […]

New Euro “Empire” Plot by Brussels

European Union chiefs are drawing up plans for a single “Treasury” to oversee tax and spending across the 17 eurozone nations. The proposal, put forward by Herman Van Rompuy, the European Council president, would be the clearest sign yet of a new “United States of Europe” — with Britain left on the sidelines. The plan […]

US taxpayers could be forced to foot bill if Fed’s bailout of faltering Eurozone turns sour

ShareThis American taxpayers could be forced to foot the bill if Fed’s bailout of faltering Eurozone turns sour 18 Sep 2011 American taxpayers could end up footing the bill if the United States’ bailout of the faltering Eurozone turns sour… The biggest exposure could come from America’s status as the single largest source of money […]