The 12 Star Resistance
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The 12 Star Resistance
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Germany drawing up plans for Greece to leave the euro - Telegraph

Germany drawing up plans for Greece to leave the euro  - Telegraph | The 12 Star Resistance | Scoop.it
Plans for Greece to default, potentially leaving the euro, have been drafted
in Germany as the European Union begins to face up to the fact that Greek
debt is spiralling out of control - with or without a second bailout.
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Investors fear mounting losses in Portugal as second rescue looms - Telegraph

Investors fear mounting losses in Portugal as second rescue looms - Telegraph | The 12 Star Resistance | Scoop.it
Portugal is fighting a losing battle to contain its public debt and may be
forced to impose haircuts of up to 50pc on private creditors, according to a
top German institute.
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Iran dismisses EU oil imports ban

Iran dismisses EU oil imports ban | The 12 Star Resistance | Scoop.it
Iran says an EU ban on imports of Iranian oil is "unfair" and "doomed to fail", and will not force it to change course on its nuclear programme.
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EU plans embargo on Iranian oil

EU plans embargo on Iranian oil | The 12 Star Resistance | Scoop.it
EU foreign ministers will meet on Monday to finalise plans to block imports of oil from Iran, stepping up pressure on Tehran to scale back its nuclear ambitions.
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Greek debt talks on knife-edge amid growing IMF pressure on bondholders

Greek debt talks on knife-edge amid growing IMF pressure on bondholders | The 12 Star Resistance | Scoop.it
Hopes dwindle of deal in time for eurozone meeting after German insistence that investors agree to lower interest rates...
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Talks on Greek debt deal hit snag

Talks on Greek debt deal hit snag | The 12 Star Resistance | Scoop.it
The chief negotiators for Greece's private creditors leave Athens without securing a deal to write off some of the country's debts.
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Italy wants rescue fund 'doubled' | AFP

Italy wants rescue fund 'doubled' | AFP | The 12 Star Resistance | Scoop.it

BERLIN — Italian Prime Minister Mario Monti is pushing to double the size of Europe's permanent bailout fund to one billion euros ($1.3 billion), a German media (Der Spiegel) report to be published on Monday said...

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Greece: Athens told to cut a further 325million euros just hours after agreeing painful new austerity package

Greece: Athens told to cut a further 325million euros just hours after agreeing painful new austerity package | The 12 Star Resistance | Scoop.it
Thousands of protesters took to the streets of Athens today as EU ministers gave the debt-ridden country until the middle of next week to find the extra savings and pass the measures through parliament.
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Eastern EU States Under Pressure Amid Social Unrest

Eastern EU States Under Pressure Amid Social Unrest | The 12 Star Resistance | Scoop.it
Eastern members of the European Union are facing social and political turmoil due to the EU's austerity measures imposed on them.
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Fiscal Union Treaty to be Forced Through

UK Independence party leader Nigel Farage brought a well needed reality check to the EP in a "debate" where President Barroso confirmed the Fiscal Union Treaty will be forced through without referendum.

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IMF chief unveils euro plan and warns of '1930s moment' - Telegraph

IMF chief unveils euro plan and warns of '1930s moment'  - Telegraph | The 12 Star Resistance | Scoop.it
IMF head Christine Lagarde set out Monday a raft of proposals to fight the
eurozone crisis, including a bigger rescue fund, lower ECB rates and
eurobonds as she warned of dimmer world growth prospects.
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Protest against EU in Croatia turn violent - day before referendum

The main square in Zagreb, held a protest against the Croatian accession to the European Union, which was organized by the Movement for Croatia - not in the ...
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Britain challenges power of human rights court - Telegraph

Britain challenges power of human rights court - Telegraph | The 12 Star Resistance | Scoop.it
David Cameron will this week issue a challenge to the European Court of Human
Rights by saying it must no longer be able to act as a court of appeal on
cases already dealt with in Britain.
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S&P cuts EFSF bail-out fund rating: statement in full - Telegraph

S&P cuts EFSF bail-out fund rating: statement in full - Telegraph | The 12 Star Resistance | Scoop.it
S&P has stripped the eurozone bail-out fund of its AAA crown, saying it is...
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ECB cannot fix euro zone problems-BoE's King

ECB cannot fix euro zone problems-BoE's King | The 12 Star Resistance | Scoop.it
LONDON, Jan 17 (Reuters) - The European Central Bankhas already done a lot to ease the crisis in the euro zone andproviding more liquidity will not fix the underlying problems,the Bank of England's...
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