CNBC: Le
Pen victory could be five times as dangerous as Greece's financial meltdown:
Sylvain
Lefevre | Getty Images
Europe
could be on track to encounter a shock wave up to five times as turbulent as
the start of the euro zone debt crisis if French presidential candidate Marine
Le Pen was able to secure victory in May, according to a team of UBS analysts.
Strategists
at the Swiss banking giant stressed the prominence of the anti-immigration and
anti-European Union National Front leader meant France's fast approaching
general election would be the most serious political risk event in the region
this year.
Le Pen, who
leads in the latest opinion polls, has vowed to renegotiate the terms of
France's membership of the EU and ditch the single currency if elected as the
country's new premier in just over two months' time.
"The
systemic importance of France for the European project is such that the margin
for damage limitation may well be a lot thinner than has been the case in
Greece in the past or could be the case for Spain or Italy even," UBS
analysts said in a note….
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WBT: Greek
debt activist, follower of ancients gods, faces arres
By DEREK
GATOPOULOS and FANIS KARABATSAKIS
Associated
Press
ATHENS,
Greece (AP) -- A firebrand Greek debt activist whose followers take an oath of
allegiance to the ancient gods has been charged with fraud and running a
criminal organization.
A senior
state prosecutor filed the charges Tuesday against Artemis Sorras, head of the
Convention of Greeks, which urges taxpayers not to settle debts with the
government. Seven of his alleged associates were also charged with related
offenses.
Sorras,
convicted earlier this month and sentenced to eight years in prison on separate
embezzlement charges, has evaded arrest and vowed not to surrender to
authorities in a video message posted on the internet.
"I of
course will never turn myself in, because I am a true native Greek, and not
part of some company that calls itself the Republic of Greece, or Germany or
Washington D.C.," he said in the 21-minute message, referring to his
supporters as "warriors.”
"My
country is here. The earth of my ancestors is here, and will stay to fight till
the end."
Sorras'
organization has claimed to have the ability to raise enough money to cover
Greece's massive national debt -- worth 320 billion euros -- from shares in a
bank that was merged before World War II. No Greek bank is worth anything close
to that sum.
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THE
GUARDIAN
Tensions
flare as Greece tells Turkey it is ready to answer any provocation
War of
words between neighbours prompts defence experts to express fears of accident
in region spiralling out of control
Recep Tayyip Erdoğan
President
Erdoğan has also warned of a ‘Brexit-like’ vote on EU negotiations. Photograph:
Murad Sezer/Reuters
Helena
Smith in Athens
Monday 27
March 2017 10.32 BST Last modified on Monday 27 March 2017 23.33 BST
Fears of
tensions mounting in the Aegean and eastern Mediterranean Seas reignited after
the Turkish president raised the prospect of a referendum on accession talks
with the EU and the Greek defence minister said the country was ready for any provocation.
Relations
between Ankara and European capitals have worsened before the highly charged
vote on 16 April on expanding the powers of the Turkish president, Recep Tayyip
Erdoğan…
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FOX NEWS
Italy,
Greece reach migrant saturation point, Italy says some NGO boats work with
smugglers
Published
March 27, 2017 FoxNews.com
Migrants rescued off the Libyan coast peer out
a gate of the Siem Pilot Norwegian ship to get the first sight of the Sardinia
island as they sail in the Mediterranean sea towards the Italian port of
Cagliari, Thursday, Sept. 3, 2015.
Russia says the United Nations Security Council is discussing a draft
resolution to address Europe's migrant crisis, likely by authorizing the
inspection of suspected migrant ships. (AP Photo/Gregorio Borgia)
Migrants
rescued off the Libyan coast peer out a gate of the Siem Pilot Norwegian ship
to get the first sight of the Sardinia island as they sail in the Mediterranean
sea towards the Italian port of Cagliari, Thursday, Sept. 3, 2015. Russia says
the United Nations Security Council is discussing a draft resolution to address
Europe's migrant crisis, likely by authorizing the inspection of suspected
migrant ships. (AP Photo/Gregorio Borgia)
The two
southern European countries that absorb nearly all boat-borne refugees from
North Africa and Turkey are taking steps to halt the arrivals, with both saying
they have reached their limit.
The United
Nation’s International Organization for Migration reports that 20,484 migrants
and refugees entered Europe by sea this year through mid-March. More than 80
percent – 16,248 -- of that staggering number arrived in Italy, the second
largest-number went to Greece and the third-largest to Spain.
Greek
Migration Policy Minister Yannis Mouzalas said that his nation is not able to
absorb any more and will not be taking any more refugees.
He said
that Greece is unable to abide by the Dublin Regulation, which holds that
refugees may be sent back to the first European stop they made.
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