Posts tagged ‘financial crisis’

January 7, 2013

Heroes and Demons

People protest to defend the public sector against cuts imposed by the Spanish government in central Barcelona

Locksmiths in Pamlona, Spain, unanimously decided they would not help banks reclaim property from customers who fell behind their mortgage payments.  A locksmith interviewed by the Guardian recounted an awful story of how one sick, elderly man was barely able to get his trousers on before he was made homeless.  Whilst the action of the locksmiths turns them into heroes, the demons are less clear.

There is a lot of anger

read more »

Advertisements
January 26, 2012

Euro Millions Lottery: Where Will it End?

Angela Merkel is certainly stubborn and Eurozone countries that are not in financial trouble have joined a growing chorus, including respected economists, that she is putting German interests ahead of Europe’s.

read more »

October 28, 2011

Freedom Fries

Nicolas Sarkozy apparently snapped at David Cameron telling him that he was fed up of Britain telling them how to fix the Euro and it was none of our business as we were not part of the single currency.

The new father must be suffering

read more »

May 25, 2011

Eurovision Debt Contest

What is going on in Euro zone, another country joins the downgrade top of the pops every week. Today Germany’s cost of borrowing increased, Italy yesterday, Spain last week and we’ve been reading about the Greek and Irish crises for some time now.  Without wanting to seem like a card carrying Tory, why are we legally obliged to help these countries in their bailout when we have enough of our own financial problems to deal and we do not use the Euro? 

read more »

April 27, 2011

The Bold and The Beautiful

Road tolls in Greece are bearing the brunt of Greek anger towards their country having to restructure their national debt.  As the reality of the cuts begin to sink in,  many Greeks have refused to pay the country’s road tolls

read more »