The European Central Bank cuts interest rate from 0.50 percent to 0.25 percent. The historically low rate shows E.C.B.’s intentions to save the Euro but may have quickened the abolishment the Euro instead.
Angry protesters have occupied the European Central Bank (ECB) in Frankfurt, effectively stopping people from going to work. The beef of the Blockupy Frankfurt Movement is the mishandling of the crisis by the EU's financial institutions.
That’s the opinion of a United Nations expert who warned yesterday that some of the austerity measures imposed on the Greek economy undermine Greek citizens’ access to jobs, health, water and energy.
The dictatorship of finance aims to seize control of all the nations within the EU. For decades, people derided as cranks have claimed to see a conspiracy at work. Now, it is out in the open.
A biannual information report by the European Central Bank highlights that counterfeiting of the euro has fallen dramatically. Although most are counterfeited €20 and €50 denominations, the practice is down 15.2 percent from the same period a year ag
The banking scam on the world continues with Europe, and North America next on the list to soon be buried with never-ending interest debt. The New World Order banking plan to shackle most of the world's people with war and debt is almost done.
Charles Dallara, Managing Director of the Institute of International Finance (IIF) has warned that the cost of a Greek exit from the euro could exceed $1.25 trillion and that an exit would result in the European Central Bank's (ECB) insolvency.
Just when you thought global finance couldn’t get any less impressive, the private bond holders, the European Central Bank and the IMF have come up with a new spin. The Greek bond settlement is expected to go through, with some truly strange logic.
The Euro Circus has apparently decided to go back to high levels of paranoia. New warnings of the risks of a Euro implosion are starting to sound grim, like someone wants to be in a “we told you so” position. It’s not all talk, either.
European politicians - from Nicholas Sarkozy to Angela Merkel - are correct in saying that this is Europe’s darkest hour since World War II. What has emerged from decades of negotiations between European leaders is now under threat.
European Central Bank president Jean-Claude Trichet predicts a 'strong economic revival' in 2010. He said this after a meeting with central bankers in Basel, Switzerland. The ECB controls the supply of Euros for 329-million Europeans.