At least the Greeks, the Spanish and the Portugese are starting to fight
against the rape of their countries by the EU and the IMF.Unlike the spineless Brits who just bend over and take it, from Cameron and his Atlantic Bridge coterie.
The fire-sale is under way, and the taxpayer will be paying for the largesse enjoyed by the shareholders and parasites of the multinationals.
It isn't going to be a two-speed Europe; it is going to be Greater Germany
and the rest. And sooner or later, if Angie is still in office, she is going to
be kowtowing to a (German) president of Europe. Only vassal states need apply.
And they have. It's just that one or two are choking on the small print....Anthee Carassava is on the ground in Athens and she writes:
Thursday's protests are part of a 24-hour nationwide
strike the country's two biggest labour unions have organised as European
leaders meet in Brussels to decide the fate of the single currency. It is the
second job walk out millions of Greeks have taken to in three weeks; the 20th
since the financial crisis here erupted nearly three years ago.
“Just once,” said Yannis Panagopoulos, head of the GSEE private sector
union, “the government should reject [international] lenders’ absurd demands.
“Agreeing to catastrophic measures means driving society to despair and the
consequences as well as the protests will be indefinite.”
From taxi drivers to doctors and diplomats, the strike is expected to
paralyze an already suffocating economy. Ships remained docked, hospitals were
operating on skeleton staff, and dozens of domestic and international flights
face cancellations leaving travelers stranded as air traffic controllers joined
the protest, keeping aircraft grounded and the country isolated from the rest of
the world for three hours.
At least 4000 police have been deployed in the city centre alone. At least
12 buses of riot police and three water canons were propped outside parliament,
shielding the building -- a favourite target of protests -- from militant
demonstrators.
2 comments:
The weekend's news about BP's proposed deal with Russian oil giant Rosneft is to dominate the week's corporate news. The $27bn deal will see BP sell its current Russian joint venture TNK-BP to Rosneft for cash and shares in the Kremlin-backed group.
BP's board has backed the deal. Its shareholders may not be so positive. They are calling for a cash payout to compensate for the fact the new structure will see investor returns from Russia fall dramatically. More details of the deal need to be thrashed out, not least the political ones of such a huge deal taking place with the state-owned Rosneft.
This morning analysts were already suggesting BP could be jumping from the frying pan into the fire with the move. BP has put out a statement simply saying: "BP confirms it is in advanced discussions with Rosneft regarding the sale of its 50pc interest in TNK-BP. No agreements has yet been reached. A further announcement will be made if and when an agreement is reached."
Great post. As a brit, I am so bloody tired watching Cameron's wishy-washy approach towards the EU. At this point, a majority of the country is clearly keen on a referendum, and yet Cameron continues to prevaricate. I shall be voting UKIP in the next elections!
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