In this segment of Capital Account, Lauren Lyster interviews senior RT producer Demetri Kofinas, on the situation unfolding in Greece -- the referendum, the confidence vote for the Greek prime minister, and the fear gripping politicians across Europe that they may no long be able to hold together...
rtamericaThe G20 summit in Cannes has ended and despite any politicians putting forward Cannes-do attitudes in their speeches, in reality there isn't much to show for it as far as progress. As all eyes are on the eurozone debt crisis, and the reality is the EU was reportedly hoping to leave the G20 with i...
Russia Today channel, Keiser Report, 21/06/2011
The European Union departs the G20 summit in Cannes without the international support for its debt crisis plan it was looking for countries have pledged to continue talking about it. Greece's prime minister faces a confidence vote that could change everything. Meanwhile, regardless of what politi...
capitalaccountThe Greek government has voted in favour of a new round of austerity cuts - securing the next multi-billion instalement of cash from the EU and staving off a default. But furious protesters have reacted violently to the vote, with battles between police and demonstrators continuing just meters fr...
russiatodayWhile US lawmakers debate as to whether or not austerity is the right path to take, in Greece, the decision has been made. In order to secure a second bailout of over at least 130 billion Euros, the Greek Parliament this weekend passed a series of strict austerity measures. And Greece has reacted...
thealyonashowGreece is on the verge of default and America isn't far behind. The people of both countries lately have been protesting the economic situations and are asking for major change. Are these two situations related? Is there hope for a recovery? Demetri Kofinas, RT contributor, gives us the latest on...
15/07/2011
gjt771Today Moody's cut the ratings for two French banks because of their exposure to Greek debt. Greece is near default on its loans. BRICS countries, Brazil, Russia, India, China and South Africa have stepped in and said they will buy bonds from nations in a debt crisis. Could developing nations be t...
rtamericaFinancial journalist Demetri Kofinas says the Greek government's decision to approve a new set of austerity cuts demanded by the EU and IMF runs against the interests of the country's population.
From the UK to Greece, one thing is clear - we are only beginning to see the public outcry over this global economic downturn - and the mood is only getting worse. Financial journalist Demetri Kofinas shares his thoughts with RT from on the ground in Athens Follow Kristine on Twitter at twitter.com
rtamericaGreek negotiations do not look like business as usual anymore. Greek police unions have called for the arrest of IMF and EU officials. One of the Greek coalition leaders said on television he was given an incomplete translation of the Troika agreement to look over before signing away his country....
capitalaccountBanks are failing a stress test in Europe, the debt debate in the US continues unabated and bad economic news continue to trickle in. America might face default in a few weeks following the debt ceiling talks. And all the while. average folks are still sweating an economy that has taken their job...
rtamericaThe Iowa Caucus is just hours away. For many, this is the first real gauge on who could potentially make it to the White House. The top three candidates that have emerged in the GOP are Romney, Paul and Santorum. Could Mitt Romney, the current front-runner, pull off a win in Iowa or will Ron Paul...
rtamericaOn Monday the Greek Parliament voted to approve another round of austerity measures. Now the Eurozone finance ministers have started to formulate a bailout plan for the financially distort Greek economy. In the approval 15000 public sector jobs were cut and a decrease on the national minimum wage...
rtamericaFollow us @ twitter.com twitter.com You have probably seen the images by now. Athens on fire, the city literally burning as politicians within parliament voted to pass tough austerity measures to meet the demands of the EU and IMF, Greece's international lenders. This story is about more than jus...
capitalaccountThe UK imposed austerity measures which have affected many people and some believe this is one of the factors that played into the riots that are going on in the UK. Not too long ago Greece went through the same pains. Is there a connection between the two countries? Could this escalate to other ...
rtamericaGreece has voted on a second bill in the final step towards implementing the next wave of austerity measures. Its the last hurdle that Athens has to jump to qualify for a new stack of European bailout funds. Let's cross live to the heart of Athens, financial journalist Demetri Kofinas is there fo...
russiatodayAusterity measures in Greece triggered violent protests on the streets. The situation is nearly out of control and some predict that, if the violence continues, the casualties could lead to a governmental collapse. Meanwhile California just passed a round of austerity in response to its budget cr...
rtamericaGermany has guaranteed to contribute 211 billion Euros to help Greece avoid going into default. Many Greeks have hit the streets to protest the new property tax that was passed by the Greece government and have even burned their bills to demonstrate their defiance. The people of Greece feel that ...
The threat of a Greek default is still in the air as failed talks send signals that they might miss a 14.5 billion Euro bond payment on March 20th. In order for Greece to receive its latest bailout and cut its debt, bond restructuring is considered a key element. And Greece is considering passing...
thealyonashowGreece is in economic trouble once again. The markets reflected the worries of investors that the Greek economy might default on its debt. Economists say that the US will be affected as well if Greece defaults, which would make an American recession more likely. Demetri Kofinas, economics blogger...
rtamericaWatch more Capital Account @ www.youtube.com twitter.com twitter.com The Iowa caucuses are tonight. Iowans will head to the polls to cast their first votes in the US primary season. The horse race is really underway here, but what real options do the American people have? What choice can they mak...
capitalaccountFollow us @ twitter.com twitter.com Greece has a bailout agreement, but does the country have a chance at growing it's way out of debt as the Troika and Greek politicians continue to claim? A look at a debt sustainability assessment document leaked to the Financial Times from inside these negotia...
capitalaccountFollow us @ twitter.com twitter.com Eurozone finance ministers reached an agreement for a 130 billion euro bailout of the Greek government. Private holders will take deeper losses than they accepted last month. It's billed as a deal, but is it? The real news, in our view, is that this is still al...
capitalaccountFollow us @ twitter.com twitter.com You have probably seen the images by now. Athens on fire, the city literally burning as politicians within parliament voted to pass tough austerity measures to meet the demands of the EU and IMF, Greece's international lenders. This story is about more than jus...
capitalaccountDow Jones plunged down by almost 400 points today. This is going on while unemployment in the US is still persistent and the number of economic problems, volatility in the markets increase. As more and more people in the country are thinking that the country is going into recession, American mill...
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