Home » Handouts / Bailouts


Jamaica demands slavery reparations from Britain

Post Pic
Prime Minister David Cameron has been reminded of his family’s links to slavery as he faces calls for Britain to pay Jamaica millions of pounds in reparations ahead of his first official visit to Kingston on Tuesday. Academics and politicians in Jamaica have demanded the PM issue an apology for the hundreds of years during which Britain enslaved and “extracted wealth” from the island’s people. In... 

Alexis Tsipras to Step Down in September 2015, Hold Snap Elections

Post Pic
Prime Minister Alexis Tsipras has confirmed his resignation and early election plans for Greece in a live address. The move comes after Athens managed to pay a huge chunk of its €3.4 billion debt to the ECB. “The political mandate of the January 25 elections has exhausted its limits and now the Greek people have to have their say,” Tsipras said in a televised address Thursday night. Tsipras... 

EU approves Greece third bailout

Post Pic
Eurozone finance ministers have finally approved Greece’s third debt bailout after Greek parliament endorsed the rescue package following a tough all-night debate. “New loans of up to €86 billion will be made available over the next three years to Greece,” the European Commission said in a statement on Friday after six hours of talks in the Belgian capital Brussels to nail down the painful... 

Varoufakis says new Greek bailout doomed

Post Pic
Former Greek Finance Minister Yanis Varoufakis has warned that the economic reforms from Greece’s debt holders are doomed to fail. The assessment comes as PM Alexis Tsipras has reshuffled his cabinet in efforts to secure a third bailout package. The EU is preparing to start talks with Athens on a third bailout which could reach €86 billion ($93 billion), but the reform program laid down by Brussels... 

BRICS Economic Agenda: Participants to Discuss Greek Debt Crisis

Post Pic
The Greek debt crisis, the expected lifting of sanctions on Iran and oil and stock market volatility will dominate the agenda of the BRICS summit which is opening today in Russia. During their two-day meeting in Ufa, the leaders of Brazil, Russia, India, China and South Africa will discuss closer industrial, technological and financial integration of their countries within the five-nation bloc. The... 

Russia vows to help Greece overcome financial woes

Post Pic
Russian President Vladimir Putin has assured Greeks that he will support them in the financial hardships they face after the Greek people overwhelmingly voted “No” to further restricting terms of an international bailout program. In a phone conversation on Monday, Putin discussed the results of a Sunday referendum with Greek Prime Minister Alexis Tsipras, voicing his support for the Greek... 

Greeks say 'No' in crucial Bailout Referendum

Post Pic
More than 61 percent of Greeks have voted “No” in Sunday’s referendum on the bailout deal and austerity measures, reported the Interior Ministry after almost 90 percent of the vote had been counted. Thousands of people took to Syntagma square in front of the Greek parliament in Athens to celebrate the ‘No’ vote, which was called “a big Yes to democratic Europe” by the country’s finance... 

Germany rules out Greek debt writedown

Post Pic
German Finance Ministry spokesman Martin Jaeger. Germany has ruled out any restructuring of Greece’s debt to international creditors, despite a report by the International Monetary Fund (IMF) which shows the cash-strapped country is in dire need of debt cancellation. An analysis by the IMF, which was released in Washington on Thursday, showed that Greece needed an extra EUR 50 billion (USD 56 billion)... 

Bailout referendum rallies gather thousands in Athens

Post Pic
Two rival rallies took place in Athens on Friday. Police estimate that 25,000 came out to support the ‘No’ camp, which calls for the rejection of a new bailout deal with creditors in Sunday’s referendum, while 20,000 gathered to back the “Yes” vote. Greece’s Prime Minister, Alexis Tsipras, who called the referendum last week to add more weight to his position in talks with creditors, addressed... 

​Netanyahu demands 'up to $45 bn' from US to stop Iran

Post Pic
Israel is hoping to receive $4.2-$4.5 billion a year in military aid from the United States for ten years, to counter the threat from Iran and oil-rich Middle East states that have been re-arming rapidly, a senior Israeli source has told Defense News Under a 10-year deal signed in 2007, Israel receives just over $3 billion a year in American aid, with stipulations that over 70 percent of that aid... 

Greece has no money to make IMF payment, interior minister says

Post Pic
Greece will not be able to make next tranche of debt repayment to the International Monetary Fund (IMF), as the country has no money to pay, the Interior Minister said. “The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given,” Nikos Voutsis told Greek Mega TV’s weekend show on Sunday. Asked about the... 

US to Deliver F-35 Fighter Jets to Israel in 2016

Post Pic
US Vice President Joe Biden announced that the US government will provide F-35 fighter jets to Israel next year to the country a strategic advantage over its rivals in the Middle East. The US government will provide F-35 fighter jets to Israel next year to the country a strategic advantage over its rivals in the Middle East, US Vice President Joe Biden said during a speech celebrating Israeli independence. “Next... 

6 U.S. Banks Have 278 TRILLION Dollars Of Exposure To Derivatives

Post Pic
The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment. When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States. During the last financial crisis, our politicians promised us that they would make sure that “too big to fail”... 

Germany to deliver submarine to Israel

Post Pic
A German-made Dolphin-class submarine in the Mediterranean port city of Haifa. The German Federal Security Council has allowed the government to deliver another submarine to the Tel Aviv regime. The German daily newspaper Süddeutsche Zeitung reported on Friday that the government of German Chancellor Angela Merkel will export the fifth of six promised Dolphin-class submarines to Israel after the council... 

Illegal Aliens Can Get $24,000 In "Amnesty Bonuses" in America

Post Pic
And all of us tax-paying citizens will be paying for it… President Obama, without consent of Congress or the American public for that matter, cleared the way for millions of illegal aliens to stay in the United States. He also opened the door for them to receive a massive amount of money from the American taxpayer, without having to do a damn thing. Now that illegal aliens are able to get Social... 
Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.