Our Future in Hasty Writing John Bogiopoulos reads the new memorandum and notes the incredible improvisations of the document will seal our future Yannis Bogiopoulos Source in Greek The Greek Parliament has been repeatedly filed bills for voting that were half-processed or “photographic acts”, some of them badly translated and quoting suspicious numbers. But what happened with this new MoU is unprecedented. ...

Helena Smith, who has reported from Athens for more than 20 years, says the country is on the edge of a precipice Helena Smith in Athens     Despair has enveloped Greece. This weekend the bankrupt nation, for that is what it is, began negotiating the latest act of a drama that many fear will end in catastrophe – financially, socially and politically. In an electric atmosphere, with thousands demon ...

Ian Traynor and Helena Smith in Athens The Guardian   MPs in Athens approve severe budget cuts imposed by the EU after rallies against the bill erupt in street violence. Greece enacted billions of euros in spending cuts and fresh austerity measures last night in a volatile parliamentary vote aimed at avoiding default on its national debt and keeping the eurozone intact, despite some of the worst riotin ...

“In order to liberate ourselves from debt we must destroy the economy” greek original February 9 Statement by the Occupied Athens Law School In order to liberate ourselves from debt we must destroy the economy The political and financial spectacle has now lost its confidence. Its acts are entirely convulsive. The government of “emergency” that has taken over the maintenance of social cohesion is failing in ...

By Ioana Patran and Sam Cage BUCHAREST (Reuters) - Romanian Prime Minister Emil Boc resigned on Monday, giving way to mass protests against IMF-backed austerity measures and joining leaders of other European Union states felled by soaring debts. President Traian Basescu named Boc's justice minister, Catalin Predoiu, to replace him at the head of a government whose popularity is languishing in opinion polls ...

Investigators can be heard discussing joint inquiry into cybercrime in 15-minute call released on the internet Sandra Laville for guardian Hackers from the group Anonymous have broadcast a private conference call between the FBI and Scotland Yard exposing details of an international cybercrime investigation, the FBI has confirmed. The FBI and Scotland Yard admitted that the security of the call had been bre ...

On bbc.co.uk Blogger sites can now be blocked on a "per country" basis after a change to its web address system. Google will now be able to block access in individual countries following a legal removal request. The new system means blocking will not require restricting world-wide access to a blog. The changes apply in Australia, New Zealand and India, but the BBC understands Google plans to roll it out glo ...

thedailybeast.com A homeless man sleeping sleeping in the entrance of an office complex in central Athens, Greece, 09 December 2011. Having a room and a bed where to spend the night is not a matter of course any more to a growing number of people in Greece. According to Greek social workers, more than 20,000 homeless people live in the streets of Athens, a dramatic increase linked with the last two years of ...

Last week the National Institute of Economic and Social Research, a British think tank, released a startling chart comparing the current slump with past recessions and recoveries. It turns out that by one important measure — changes in real G.D.P. since the recession began — Britain is doing worse this time than it did during the Great Depression. Four years into the Depression, British G.D.P. had regained ...

By Marshall Auerback, a portfolio strategist and hedge fund manager   News stories continue to suggest that Greece once again appears on the verge of reaching a deal with its private sector creditors on how much of a loss they would be willing to accept on their bond holdings. The latest numbers suggest a 70% write-down. A pretty striking comedown for what is supposed to be a “voluntary default” and, h ...