Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Major Greek unions have called a general strike spanning over two days (February 10 and February 11, 2012) to protest the harsh cuts including the plan requiring the EU and the International Monetary Fund (IMF) to bail out the country and prevent it from bankruptcy. This would be the second attempt at keeping Greece in […]
Debt-ridden Greece is close to a deal with private investors to reduce its debt burden by about 100 billion euros ($131.49 billion), and that — plus an agreement to enact deep spending cuts — could pave the way for a 130-billion-euro ($170.94 billion) bailout from its European partners and the International Monetary Fund. But on […]
World renowned economists have crying since the rise of the US crisis in 2008 that Europe might see similar scenario in debts due to massive barrowing and unprotected lending in both short-term and long-term loans. Now that this avalanche is upon the European economy, the European Central Bank is turning every stone to find the […]
Euro zone crises have intimidated the European cities and people, leaving helpless for consequences Earlier in the days of crises only few smaller countries were affected by the financial crises in the Europe region. Apparently, Greece and Ireland were seen having trouble through the crises. Now the drastic crises have spread its effect over bigger […]
Search open for Greek Prime Minister, after Gorge Papandreou failed to form coalition governance to secure euro zone funding The search for new Prime Minister for Greece is on, as current PM George Papandreou struggled to form coalition leadership to secure the 130 Billion euro bailout proposed by euro zone. Leader of conservative party, Antonis […]
Greek Prime Minister George Papandreou wins the vote in favour of euro zone multibillion euro bailout The Greek Prime Minister George Papandreou won the parliamentary voting in favour of the 130 Billion Euro bailout proposed by EU. The Greece faced debit crises and had a chance to save it from bankruptcy. Papandreou had a strong […]
Antonis Samaras, the leader of the opposition bloc in the Greek parliament has called on the prime minister to step down from his post due to his mishandling of the situation that has led to the Greek economic disaster. France and Germany along with the rest of the European Union are waiting anxiously on the […]
Greek Prime Minister George Papandreou is set to learn his fate today as his party faces a confidence vote in the Parliament on Friday. His proposal to bailout Greece from the financial turmoil it has been going through by European countries has been accepted but the opposition demands a resignation and early elections to be […]
Efforts are under way in Cannes to negotiate a suitable pathway out of the EURO zone debt crisis which is currently haunting the European Union. Leaders from the most powers economies in the world and representatives of the G20 are pondering over what can be done with the Greek financial crisis and save the continent […]
