More than 2,000 immigrants held in detention centers in Greece have been on a hunger strike since April 6 to denounce the intolerable conditions. According to the United Movement Against Racism and the Fascist Threat (KEERFA), more than 2,000 immigrants held in detention centers in Greece have been on a hunger strike since April 6 to denounce the intolerable conditions. KEERFA activists said at a press conf ...

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The Real Cyprus Template reveals the core-periphery Neocolonial-Financialization Model in all its predatory glory. Much has been said about "the Cyprus Template" (the so-called bail-in, where deposits are expropriated to recapitalize the insolvent banks), but virtually nothing has been written about the Real Cyprus Template. Longtime correspondent David P. ...

The Christina O, which was bought and refurbished using two of the offshore companies in ICIJ's data. Photo: Getty Images By Harry Karanikas and Marina Walker Guevara Officials say they will check ICIJ’s data for any evidence of misconduct by owners of offshore companies. Greek citizens who own or direct offshore companies in the British Virgin Islands and other tax havens rarely declare them to Greek tax o ...

Exclusive: Offshore financial industry leak exposes identities of 1,000s of holders of anonymous wealth from around the world David Leigh  The GuardianThe British Virgin Islands, the world's leading offshore haven used by an array of government officials and rich families to hide their wealth. Photograph: Duncan Mcnicol/Getty Images --------------------------------------------------------------------------- ...

The Netherlands, Berlin's most important ally in pushing for greater budgetary discipline in Europe, has fallen into an economic crisis itself. The once exemplary economy is suffering from huge debts and a burst real estate bubble, which has stalled growth and endangered jobs. Graphic detailing the economic downturn in the Netherlands. By Christoph Schult and Anne Seith   Michel Scheepens is familiar w ...

Buoyed by its meteoric domestic success, the far right party is planning to expand 'wherever there are Greeks' Rebloged from guardian.co.uk, By Helena Smith in Athens A Golden Dawn rally in Athens in February. The group's success is being linked to a rise in racially motivated attacks on immigrants in Greece. Photograph: Yorgos Karahalis/Reuters Emboldened by its meteoric rise in Greece, the far-right Golde ...

By ELENA BECATOROS Associated Press DRAPETSONA, Greece -- In rain and shrieking wind, the ferry strains at its ropes, the gangplank creaking and scraping against the pier. A sailor on night watch duty huddles over a portable heater at the entrance to the cavernous hull. For seven months, often under harsh winter conditions, Giorgos Polilogidis has waited for one thing: a paycheck. A seasoned veteran of the ...

Repost from  FT Alphaville Raise your hand if you didn’t first hear about the way in which the Dutch government took over ailing SNS Reaal on February 1st and think ‘oh, really now?’ along with an arched eyebrow. The mechanics of the takeover are interesting indeed, but given that two of the four largest Dutch banks have been nationalised, we have a bigger picture question: How much warning was there that S ...

TheRealNews Costas Lapavitsas: Cyprus should let the private banks fail and create a public bank that focuses on strengthening the real economy.     Latest News on Cyprus: Cyprus PM threats for resignation and Referendum [GR] http://thepaper.gr/%CE%B8%CF%81%CE%AF%CE%BB%CE%B5%CF%81-%CE%B3%CE%B9%CE%B1-%CE%B3%CE%B5%CF%81%CE%AC-%CE%BD%CE%B5%CF%8D%CF%81%CE%B1-%CF%84%CE%BF-%CE%BA%CF%85%CF%80%CF%81%CE%B9 ...

ATHENS — It has been so elaborately repeated that it almost borders on ritual: Greece’s troika of lenders leaves Athens with disagreement over whether the country should receive billions of euros in fresh financial aid. Greek officials scramble to tackle demands for more austerity to obtain the money, even as social distress deepens. The cycle was staged again Thursday as the Greek government tried to figur ...