The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless
It looks like we aren’t going to have to wait much longer to see if Greece remains part of the eurozone or not. Instead of softening their demands in the wake of the Greek referendum, European leaders have given the Greek government an ultimatum.
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there
The Silver Bug: The European Union is in trouble. Germany cannot hold the remainder of the nations together forever. The German people know this, they are tired of supporting dead beat nations and those who technically don’t even meet the
Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere