Opinion poll shows Greek opposition pulling ahead Reuters ATHENS (Reuters) - Three percent of Greeks trust their politicians, according to a new survey which shows rising support for opposition parties across the spectrum, from left-wing SYRIZA to ultra-nationalist Golden Dawn. According to the KAPA Research ... |
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Saturday, November 10, 2012
Opinion poll shows Greek opposition pulling ahead
The Greek Diet: Let Them Eat Expired Food
The Greek Diet: Let Them Eat Expired Food Greek Reporter Well, if this doesn't take the week-old stale cake! Greek Prime Minister Antonis Samaras, of the caviar-and-champagne caste that runs Greece and has never missed a 5-star meal, says the answer to hunger in Greece, where two million people are out of ... |
New Greek, Roman, And Byzantine Art Galleries Open Tomorrow At The Art ...
New Greek, Roman, And Byzantine Art Galleries Open Tomorrow At The Art ... Chicagoist The Art Institute has been renovating some of its galleries to make the spaces match the world class art housed inside. The African Art and Indian Art of the Americas galleries opened last summer, and tomorrow is the opening of the Mary and Michael ... |
Greece Shrugs Off EU Loan Delay
Greece Shrugs Off EU Loan Delay Greek Reporter Greece is downplaying reports that the Eurozone will not act at a Nov. 12 meeting of finance ministers to disburse a long-delayed $38.8 billion loan (31.5 billion euros) installment despite approval by the Greek Parliament of a contentious $17.45 ... |
Greece should get more time, aid: ECB member
AFP | Greece should get more time, aid: ECB member AFP BRUSSELS — Debt-laden Greece should get more time and more aid if necessary to put its financial house in order and remain in the eurozone, a member of the European Central Bank said in an interview published on Saturday. "It is preferable that Greece ... Greece sees no reason to worry about aid Greece will fail to reduce debt to a manageable level by 2020, warns ECB ... Bankrupt Greece Unlikely to Get Bailout Next Week |
Bankrupt Greece Unlikely to Get Bailout Next Week
Bankrupt Greece Unlikely to Get Bailout Next Week The Market Oracle It has now been reported that for logistical reasons it is very unlikely Greece will be able to draw down on further bailout funds before the week of November 19 at the earliest, notwithstanding the approval of the Greek Parliament on Wednesday of the ... |
Greek Court To Probe Parliament Worker Pay
Greek Court To Probe Parliament Worker Pay Greek Reporter Even as Greek Prime Minister Antonis Samaras has vowed to make another attempt to cut their pay and benefits, the Court of Audit is investigating the government's decision to exempt parliamentary workers from cuts in pay and benefits as part of a $17 ... |
Ex-IMF rep says Greece needs another write-off
Ex-IMF rep says Greece needs another write-off Oman Daily Observer WASHINGTON — Only another write-down of Greece's debt will help stabilise the country financial situation, a just-departed director for India at the International Monetary Fund said yesterday. Arvind Virmani, who represented India at the IMF for three ... |
The worst of Europe's crisis may be over
Irish Times | The worst of Europe's crisis may be over USA TODAY Euro banknotes are projected on a screen. The European Central Bank announced that it will launch a new series of euro banknotes over coming years, starting with a new five-euro note in May 2013. (Photo: DANIEL ROLAND, AFP/Getty Images) ... Greek Budget Deficit Narrows 42% in Jan-to-Oct Period -Deputy Minister Fears Grow That Euro Will Drag Down Growth Euro Loses Most in 4 Months Against Yen on Fiscal Cliff, Greece |
Greece near bailout deal
Greece near bailout deal CNN Assuming Sunday's vote goes in favor of Prime Minister Antonis Samaras' coalition government, Greece would get two more years to meet budget targets set out in the original program in March, and gain access to €31.5 billion that Greece needs to ... |
Mr. Draghi's Dangerous Confidence Game
European Central Bank (ECB) Chairman, Draghi, has a very big agenda. Armed with only a printing press, he’s pledging to directly bail out the GIIPS (Greece, Italy, Ireland, Portugal and Spain) and indirectly bail out their economies. Draghi’s betting his commitment will give private lenders the confidence needed to invest in [...]
Euro at two-month low versus dollar on European growth concerns
Irish Times | Euro at two-month low versus dollar on European growth concerns Reuters NEW YORK (Reuters) - The euro dropped to a two-month low against the U.S. dollar on Friday and could extend losses further as fears mount that the euro zone's debt crisis and deteriorating economic conditions could drag down global economic growth. Euro Declines to Four-Week Low Versus Yen on Greek Aid Concern GLOBAL MARKETS: Euro Dips, Stocks Fall as Greece Concerns Rise Eurozone faces brinkmanship on Greece |
Eight Investors Eye Greece's Stake in OPAP- Privatizations Agency
Eight Investors Eye Greece's Stake in OPAP- Privatizations Agency Wall Street Journal ATHENS--Greece's privatizations agency said Saturday eight potential investors have shown interest in acquiring a majority stake in Greek gambling monopoly OPAP, a key asset in the country's delayed privatizations program. In a statement, the Hellenic ... |
Former Greek PM attacks successor as Socialist rifts deepen
Former Greek PM attacks successor as Socialist rifts deepen Chicago Tribune ATHENS (Reuters) - The man who led Greece into the euro has attacked former Prime Minister George Papandreou's handling of the debt crisis, adding to infighting threatening the Socialist Party's position in the ruling coalition. Costas Simitis, who was ... |
Greek Budget Deficit Narrows 42% in Jan-to-Oct Period -Deputy Minister
Economic Times | Greek Budget Deficit Narrows 42% in Jan-to-Oct Period -Deputy Minister Wall Street Journal By Stelios Bouras. ATHENS--Greece's budget deficit narrowed 42% in the first 10 months of the year on slightly higher revenues despite the country's deepening recession, Deputy Finance Minister Christos Staikouras said Saturday. The shortfall for the ... Worst of European financial crisis appears over Fears Grow That Euro Will Drag Down Growth Euro Declines to Four-Week Low Versus Yen on Greek Aid Concern |
Greek Budget Deficit Narrows 42%
AFP | Greek Budget Deficit Narrows 42% Wall Street Journal Next year's primary budget target, however, was recently revised lower by the Greek government from a forecast 1.1% surplus as austerity measures weigh on the economy. The country's annual economic output is expected to contract by 4.5% next year, in ... Greek debt could go above 140 percent of GDP in 2020, ECB says EURO GOVT-Growth, Greek concern propel Bunds higher Greek minister insists 'no need to worry' about aid |
Greece sees no reason to worry about aid
Greece sees no reason to worry about aid gulfnews.com An EU official in Brussels backed Stournaras assuring that international creditors would not allow Greece to default on its debt and were ready to give Athens two extra years to put its house in order. “There will be no default, not accidental, not ... |
Taste trumps pronunciation at new Greek eatery
Taste trumps pronunciation at new Greek eatery The Virginian-Pilot Elias Fotopoulos, who owns It's All Greek To Me along with his wife Maria, honed his cooking skills while with the Greek merchant marine. He served six years as ship's cook. (Irene Bowers / For The Virginian-Pilot). View full-size photo | Buy Pilot ... |
Obama comments, fiscal cliff in focus
Business Today | Obama comments, fiscal cliff in focus MarketWatch Indications: Stock futures slip. U.S. stock futures fell on Friday, with investors awaiting remarks by President Barack Obama after a sharp, two-day post-election selloff tied to worries over the fiscal cliff and Greece's ability to secure urgently needed fiscal aid. Blue Chips Finish in the Black 'Cliff' Fears Give Stocks Worst Week Since June US Stocks Decline Amid Greece, Fiscal Cliff Concerns |
ECB's Weidmann urges honest troika report on Greece
ECB's Weidmann urges honest troika report on Greece - paper Reuters BERLIN (Reuters) - Europe's politicians seem to have already decided to continue funding Greece, European Central Bank policymaker Jens Weidmann was quoted as saying on Saturday. The ECB Governing Council member and Bundesbank chief said ... |
Strikes continue in Greece
Philadelphia Inquirer | Strikes continue in Greece World Socialist Web Site The decision regarding payment is continually being delayed and used as a means of pressuring Athens to implement further cuts. On November 19, credit repayments of some €5 billion fall due, which Greece will be unable to pay out of its own resources. Greece: A ticking budget bomb Greece is ripe for radical change EU keeps pressure on Greece after austerity vote |
Gold-Forex Correlations: Gold Watches US, Euro Watches Greece As Event Risk ...
Gold-Forex Correlations: Gold Watches US, Euro Watches Greece As Event Risk ... DailyFX Though Greece passed its new round of austerity earlier this week by a narrow margin, clearing one hurdle to receiving the next EUR 31.5 million tranche in aid, it still needs to pass its 2013 budget on Sunday and further approval by the Troika before ... |