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Wednesday, July 11, 2012

Greece's Next Task: Raising 15 Billion Euros Through Privatizations


VietNamNet Bridge

Greece's Next Task: Raising 15 Billion Euros Through Privatizations
Businessweek
Greece collected less than 1 billion euros ($1.2 billion) in revenues from privatizations over the last three years. The new Greek government is promising a dramatic turnaround. It has pledged to raise 15 billion euros by 2015. Athens hopes this will ...
Greece sells 1.625 bln euros of 6-month T-bills, yield downReuters
Greece raises $2 billion in T-bill saleCBS News
Greece 26-week T-Bill Yield FallsRTT News

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Greece to sell only state lottery, building this yr


Greece to sell only state lottery, building this yr
Reuters
ATHENS, July 11 (Reuters) - A delay of a few months inGreece's privatisation drive means the near-bankrupt countrywill only be able to complete the sale of its state lottery firmand a building in Athens,

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Dozens Of Christians Evacuated From Embattled City

DAMASCUS, Syria -- A group of Christians trapped in the besieged, bombed-out Syrian city of Homs has been evacuated after a deal between the army...

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Independent Greeks want PM aide resignation over Siemens scandal

The Independent Greeks party demanded the resignation of the prime minister's aide Ioannis Karakostas due to his past collaboration with the local Siemens subsidiary, a company behind a major kickbacks scandal in the country.

Karakostas issued a statement denying the party's claims and asserted that he had ended his cooperation with the company after the main protagonist in the scandal Mihalis Christoforakos was placed in charge.

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Finland expresses support for new government

The newly formed government, led by Antonis Samaras, has made a positive first impression but now must push through difficult decisions to get its reform programme back on track, a Finnish minister said after talks with government officials in Athens on Wednesday.

Finland's European Affairs minister, whose government has been among Greece's strongest critics, offered a show of support to the new conservative-led coalition that has sought to mollify its (...)

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Greek govt wins praise from Finland for start of reform


Greek govt wins praise from Finland for start of reform
Reuters
ATHENS, July 11 (Reuters) - Greece's new government has madea positive first impression but now must push through difficultdecisions to get its reform programme back on track, a Finnishminister said.

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Press Watch, July 11

If it were a play, it might be entitled “Mr. Stournaras goes to Brussels”. The finance minister’s maiden appearance at the Eurogroup yesterday dominated headlines, as his fellow finance ministers conveyed a stern message to Greece: first you comply with the bailout memorandum as it stands, and then we can discuss changes to the programme.

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Hanging by a Thread in Greece: Rescuer Seeks Miracle


Hanging by a Thread in Greece: Rescuer Seeks Miracle
Care2.com (blog)
I saw an orange kitten curled up and since I happened to have canned food with me I petted her softly to wake her. When she turned to me, I saw she had no eyes.


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Bank of Greece governor says deposits returning to Greek banks


Boston.com

Bank of Greece governor says deposits returning to Greek banks
Washington Post
ATHENS, Greece — Greeks have been returning the savings they took out of the country's banks during the political uncertainty in the past two months, the country's central bank governor said Tuesday as he urged the country's new government to work on ...
Greece Sees 'Satisfactory' Return of Bank Deposits - Central BankerNASDAQ

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Rights group urges crackdown on race crimes

A leading human rights organization is urging Greece's new government to take "urgent action" to curb an "alarming" increase in attacks against Asian and African immigrants, including brutal assaults by gangs on teenage boys and pregnant women.

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Rights group urges crackdown on race crimes





ATHENS, Greece (AP) — A leading human rights organization is urging Greece's new government to take "urgent action" to curb an "alarming" increase in attacks against Asian and African immigrants, including brutal assaults by gangs on teenage boys and pregnant women.

People face certainly the risk of an attack on a daily basis, Judith Sunderland, the lead researcher and author of the report told The Associated Press.

In Athens, many immigrants live crammed in small apartments in squalid conditions, in central neighborhoods that have seen a sharp rise in crime since the financial crisis began in late 2009.

Racially-motivated attacks, including raids on immigrants' homes and stores as well as streets assaults, have surged in the past two years, and often follow public outcry over a violent crime blamed on immigrants, the report said.

In recent general elections, the far-right Golden Dawn party — which uses aggressive rhetoric against immigrants, and has been described by political opponents as neo-Nazi — won 18 seats in the 300-member parliament.

Sunderland, who is meeting this week with Greece's top prosecutor and senior government law enforcement and justice officials, said Human Rights Watch was concerned that extremist rhetoric was entering mainstream politics.


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The Lede Blog: Listening to the Victims of Xenophobic Violence in Greece

A Human Rights Watch video report on xenophobic attacks in Greece includes the testimony of foreign-born migrants who complained that the police refused to properly investigate the violence.





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BoG head: Greeks returning deposits to banks


USA TODAY

BoG head: Greeks returning deposits to banks
Boston.com
ATHENS, Greece (AP) — Greeks have been returning the savings they took out of the country's banks during the political uncertainty in the past two months, the country's central bank governor said Tuesday as he urged the country's new government to ...
Greek Finance Minister Sees No Quick Target ExtensionWall Street Journal

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