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Friday, March 15, 2013

Rehhagel picked to make Germany popular in Greece

ATHENS, Greece (AP) — He pulled off one of soccer's greatest historic upsets. Now Otto Rehhagel has been handed a task equally challenging: to make Germany popular again in crisis-hit Greece.

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Rehhagel picked to make Germany popular in Greece




Germany is the lead creditor in Greece's financial bailout program, but its reputation has been devastated by successive austerity measures, which have caused a rapid increase in poverty and unemployment.

Rehhagel, a German, coached Greece to a stunning victory in the 2004 European Championships, building a team that went on to qualify for two other European tournaments and the 2010 World Cup.

Rehhagel, 74, will visit Greece this month as a goodwill ambassador, traveling with officials in a regional government cooperation program, the German Embassy said Friday.


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Greek Soccer Players Gets Every Last Piece of the Goal and Still Misses


Greek Soccer Players Gets Every Last Piece of the Goal and Still Misses
Bleacher Report
Sports reports, the shot comes during a Greek football match between Lesvos and Papnikolis. Plomariou takes a shot on goal that is both perfect and completely doomed. It hits the post and begins rattling around like a pinball, only to get kicked to ...


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Greece set to keep property tax via electricity bills for another year


Kathimerini

Greece set to keep property tax via electricity bills for another year
Kathimerini
Fearing that Greece's tax revenues could fall short by as much as 1 billion euros this year due to delays in implementing measures, the troika insisted during talks with Greek government officials this week that the emergency property tax should ...
Samaras Says Austerity Alone No AnswerGreek Reporter
EU SUMMIT : Belgium, Greece Push for Growth to Tackle Rampant Unemployment4-traders (press release)
Samaras asks for EU action on growth and jobsCapital.gr (press release)

all 6 news articles »

READ THE ORIGINAL POST AT www.ekathimerini.com

Rehhagel picked to make Germany popular in Greece


Rehhagel picked to make Germany popular in Greece
Huffington Post
Germany is widely seen here as the country pressing hardest for the toughest cuts in Greece. Germany is the lead creditor in Greece's financial bailout program, but its reputation has been devastated by successive austerity measures, which have caused ...

and more »

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Greek PM Antonis Samaras says EU must act on pledges of growth


Kathimerini

Greek PM Antonis Samaras says EU must act on pledges of growth
Kathimerini
Samaras said that recession and high unemployment are leading to political developments such as the rise of Grillo and others who “reject politics.” The only way to tackle this phenomenon is to boost growth and employment, said the Greek prime minister.
Samaras Says Austerity Alone No AnswerGreek Reporter
Samaras asks for EU action on growth and jobsCapital.gr (press release)

all 6 news articles »

READ THE ORIGINAL POST AT www.ekathimerini.com

Seen From Greece, Great Depression Data Looks Good


Seen From Greece, Great Depression Data Looks Good
New York Times
The Hellenic Statistics Authority, Greece's compiler of official numbers, has a history of deception — the country lied to get into the euro zone — and it now cannot apply seasonal adjustments to its quarterly G.D.P. estimates. As a result, the ...

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Off the Charts: Seen From Greece, Great Depression Data Looks Good

Charts compare changes in gross domestic product and unemployment in the United States during the five years after 1929 with the changes in Greece during the five years after 2007.


READ THE ORIGINAL POST AT www.nytimes.com

UPDATE 1-Chairman of Greece's bank bailout fund to resign- sources


UPDATE 1-Chairman of Greece's bank bailout fund to resign- sources
Reuters
ATHENS, March 15 (Reuters) - Paul Koster, the Dutchman who is chief supervisor of Greece's bank bailout fund HFSF will step down, two senior banking sources told Reuters on Friday. "Koster will resign for personal reasons," one of the two officials said.


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Evgeny Lebedev: a classical Greek tragedy with the media as Furies


Evening Standard

Evgeny Lebedev: a classical Greek tragedy with the media as Furies
Evening Standard
Some people have noted the signs of classical tragedy in the story of an avenging Greek wife who brings disaster upon all around her. Close inspection shows that all the formal elements of such a drama are indeed here: Hamartia, the fatal flaw — in ...


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Papadopoulos back in Greece squad for qualifier


Papadopoulos back in Greece squad for qualifier
San Francisco Chronicle
ATHENS, Greece (AP) — Defender Avraam Papadopoulos returned to the Greece squad on Friday for the World Cup qualifier against Bosnia next week after a nine-month injury absence. Coach Fernando Santos selected Papadopoulos for the first time since ...

and more »

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Didn't Go to Greece Over Winter Break? Instasham It


Didn't Go to Greece Over Winter Break? Instasham It
Jezebel
Didn't Go to Greece Over Winter Break? Instasham It There's a new service in town that lets you prove via social media that you live an amazing life (that's not your actual life). Isn't that the goal of social media? To make everyone jealous? Enter ...


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Greek Euro Support Weakens Amid Austerity, Opinion Poll Shows


Greek Euro Support Weakens Amid Austerity, Opinion Poll Shows
Businessweek
Nearly six out of 10 Greeks, or 59 percent, were supportive of the single currency, down from 70 percent the month before, according to a poll conducted between March 8 and March 12 by Public Issue SA for Skai TV. Those with a negative view increased ...

and more »

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US Imposes Penalizes Greek Businessman For Helping Iran Evade Sanctions


US Imposes Penalizes Greek Businessman For Helping Iran Evade Sanctions
RadioFreeEurope/RadioLiberty
The United States announced it has imposed sanctions on a Greek businessman for helping Iran evade international oil sanctions by purchasing oil tankers and disguising their cargos. Dimitris Cambis, president of Impire Shipping Ltd., will have his ...


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Greek anarchists claim small blast at Athens courier firm

Policemen search the area of a bomb blast minutes after an explosion in central AthensATHENS (Reuters) - A Greek anarchist group has claimed responsibility for a makeshift bomb that went off at a local courier company in Athens this week, smashing windows but causing no injuries. Makeshift bomb and arson attacks have increased since Greece adopted deeply unpopular austerity measures in exchange for bailouts by the European Union and the International Monetary Fund for its debt-crippled economy. The Informal Anarchist Federation-International Revolutionary Front (FAI-IRF) also claimed responsibility for an attack on Microsoft's Greek headquarters in June last year. ...



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Greek anarchists claim bombing, threaten attacks


Greek anarchists claim bombing, threaten attacks
Huffington Post
In 2010, a Greek anarchist group used the firm's offices to send parcel bombs that targeted Athens embassies and European officials, including one that reached German Chancellor Angela Merkel's office in Berlin. In a posting Friday on a left-wing forum ...
Greek anarchists claim small blast at Athens courier firmReuters

all 1 news articles »

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Tough new property tax to hit Greeks in Australia


Tough new property tax to hit Greeks in Australia
Sydney Morning Herald
Thousands of Greek Australians face paying higher taxes on their properties in Greece and fear their Australian earnings are also under threat of being doubly taxed. Greece's Deputy Foreign Minister, Konstantinos Tsiaras, has responded to those ...

and more »

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Greek Terna Mulls Gas-Fired Thermal Plant in Serbia, Natsis Says


Greek Terna Mulls Gas-Fired Thermal Plant in Serbia, Natsis Says
Bloomberg
Terna SA, the Greek builder with a portfolio ranging from highways to power plants, is interested in building a 400 million-euro ($522 million) gas-fired thermal electricity plant in Serbia. Terna wants to initiate talks with Serbia's energy regulator ...

and more »

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Greece and lenders fall out over firings


Greece and lenders fall out over firings
Financial Times
A dispute over the sacking of civil servants has stalled talks between Greece and the “troika” of international lenders, delaying disbursement of €2.8bn in bailout aid due this month amid fears the country's bailout programme is already veering off track.


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AJC Mourns the Passing of Greek-American Leader Andrew Athens


AJC Mourns the Passing of Greek-American Leader Andrew Athens
The Herald | HeraldOnline.com
AJC honored Athens and his pioneering work to advance Greek-Jewish and Hellenic-Israeli ties more than once. The most recent occasion occurred in recognition of Athens' 90th birthday before AJC's National Board of Governors and invited guests from the ...

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Greek's Radical Left: The Dangers of the Disaffected and the Unemployed


ValueWalk

Greek's Radical Left: The Dangers of the Disaffected and the Unemployed
Town Hall
Greek's Radical Left: The Dangers of the Disaffected and the Unemployed. Stewart Scott. Tweet. Sign-Up. Click Here! In last week's Geopolitical Weekly, George Friedman discussed how the global financial crisis has caused a global unemployment crisis ...
Covered at Reason 24/7: Greek Unemployment Hits New Record High of 26.4 ...Reason (blog)
IIF: Ireland and Greece - A Tale of two fiscal adjustmentsCapital.gr (press release)

all 12 news articles »

READ THE ORIGINAL POST AT finance.townhall.com

Greece to issue 1.0 bln eur 3-month T-bills on March 19


Greece to issue 1.0 bln eur 3-month T-bills on March 19
Reuters
ATHENS, March 15 (Reuters) - Greece will auction 1.0 billion euros ($1.3 billion) of three-month treasury bills on March 19 to roll over maturing debt, the country's debt agency PDMA said on Friday. The settlement date will be March 22. Only primary ...


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Greece Counts on Gas, Gambling to Revive Asset Sales


Greece Counts on Gas, Gambling to Revive Asset Sales
Businessweek
Greece is banking on its gas and gambling companies to revive a state-asset sales plan that underpins 240 billion euros ($310 billion) of foreign aid. The Hellenic Republic Asset Development Fund expects to receive binding bids for lottery operator ...

and more »

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