European Central Bank

European Central Bank made almost €8bn from Greece’s financial crisis

The European Central Bank (ECB) has profited handsomely from its holdings of Greek government debt, according to a document seen by the Financial Times. A written response to a request from a Greek MEP showed the bank collected €7.8 billion…

Exposed: The role of Big Finance in ECB decisions

By Jane Chelliah for DiEM25. A new report by the European Corporate Observatory shows how international financial corporations hold 98% of the seats in the expert groups that advise the European Central Bank (ECB). In other words: a ton of…

Greek Referendum: the possibility to stop being slaves

Foreign debt is the mechanism used to enslave countries and steal their wealth, through some local “supervisors”, let’s call them governors. In reality, with little energy spent buying, removing and putting in place supervisors, they have controlled the population of…

Demonstrations against the European Central Bank in Athens and Thessaloniki

Marianella Kloka, activist with World without Wars and Violence describes the spontaneous demonstrations today in Athens and Thessaloniki against the strong response of the ECB to the proposals of the Greek Government. The atmosphere is like the public demonstrations of…