Greece

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Submitted by Michael Shedlock via MishTalk.com,

Greece remains in an economic depression interrupted by a few quarters of anemic growth.

Hiking taxes in a depression is one of the stupidest thing one can do, but Greece is set for another vote to do just that.

Prime minister Alexis Tsipras is once again prepared to kiss German Chancellor Angela Merkel’s behind, and his party will likely go along for the ride.

With Trump going after billionaire-funded media in America, and Italy facing probes over its banking-system-controlled media, it is perhaps no surprise that yet another generally corrupt nation - Greece - is facing a parliamentary committee investigation into spuriously large 'bank loans' and highly-concentrated advertising spend made to various political parties and media groups in 2015.

Submitted by Nick Cunningham of Oilprice.com

Greek Pipeline Breakthrough To Challenge Russian Gas Dominance

After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground.

Submitted by Michael Shedlock via MishTalk.com,

Irreconcilable Positions

Greece owes the Troika over €11 billion in bailout repayments through the end of July. Greece is unable make those payments unless the Troika releases the funds.

Position 1: “We need a big debt restructuring, no more kicking the can,” says Greece’s Minister of State.