Tag: European Central Bank
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As Cyprus Collapses, It’s a Race to the Mediterranean Gas Finish Line
Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout. On Wednesday, the Greek-Cypriot government voted against asking…
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Global Problem for Bank Workers
UNI Global Union: Bank workers Demand Their Rights at Demonstration in Frankfurt [box]”Fair Banking Advice? Fair Working Conditions? NOW!”[/box] European bank workers demonstrated in front of the headquarters of the European Central Bank in Frankfurt this past week to call for a radical change in the sales practices of financial service providers. UNI Finance Global…