The Italian referendum: a harbinger of things to come? In the end, the European Union is an unworkable idea

From The New York Times: Italy’s Premier, Matteo Renzi, Suffers Stark Defeat at Hands of Populism By Jason Horowitz | December 4, 2016 ROME — Italy plunged into political and economic uncertainty early Monday after voters rejected a constitutional reform upon which Prime Minister Matteo Renzi had staked his government. The result is certain to …

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€urosclerosis: What the Greek banks want, and what it would mean in the United States Just another proposal to take people's money

The Greek economic crisis hasn’t been talked about as much as it had been, but it still exists. From Greek Reporter: Greek Banks Propose Tax on Cash Withdrawals to Curb Tax Evasion By Philip Chrysopoulos | November 28, 2016 Greek banks have proposed taxation of cash withdrawals so that Greeks make more electronic transactions as …

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€urosclerosis, part 3: Greece and its collapsing health care system

From : Health System Reflects Greece’s Ills BY CHARLES FORELLE ATHENS—A few years ago, George Gianakouras, a retired salesman of hotel supplies from the Greek port town of Volos, was feeling sluggish. His doctors diagnosed heart disease. He was given cardiac drugs and scheduled for angioplasty and stenting at a hospital in Thessaloniki, Greece’s second …

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