The death of the euro and of the Europe of Germany

The OECD predicts that Greece will lose 35% of its GDP as a result of the pandemic, especially because of the collapse of tourism.This is so because about 70-80% of tourism revenue and its multiplier activities, which totaled around 25-30% of Greek GDP, will be lost. In just one year, we will lose a similar or an even higher amount of GDP than lost during the last 10

Greece is essentially under attack by the conservative forces that control the Eurozone

By Anastasios Retzios

Greece is essentially under attack by the conservative forces that control the Eurozone (and, in extension, the whole of Europe).  This attack is unprecedented in modern European history. One has to go back to Napoleonic times and Concert of Europe to find out examples of the then powers conspiring and openly intervening to eradicate what they regarded as “revolutionary or radical” governments in other European states.  It is uncontestable that the leading governments of the Eurozone want to not only defeat but also humiliate the current government of Greece.  They want it to accept the total divestment of sovereignty that the lending agreement of 2012 legally enabled.  This includes the uncontrolled command of all policies in the country by the “Brussels group”.  One by one, the government’s “positions” are being erased and an occupation-style regime is forced upon the country.

Ρουμπινί : Η ευρωζώνη είναι περισσότερο ευάλωτη σήμερα απο ποτέ

 I may be best Ι μαυ known for predicting the global financial crisis and the housing bust of 2008 — but I made another key economic prediction when I warned of major structural risks threatening the Eurozone in 2006.My remarks proved as prophetic as I'd feared. The crisis I predicted then is still casting shockwaves through the world economy, and may do so for generations to come.At the World Economic Forum in Davos, Switzerland that year, I said that imbalances in the Eurozone would come to a climax — which might lead to a disaster in Europe within 5 years.