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Wednesday, April 10, 2013

Labor Cost in Greece Drops Dramatically


Greek Reporter

Labor Cost in Greece Drops Dramatically
Greek Reporter
More precisely, in 2008, the labor cost per hour in Greece was 16.7 euros, in 2010 it rose to 17.1 euros, and in 2012 it dropped to 14.8 euros per hour. Based on this data, Greece ranks fifth on the list of the countries with the lowest labor cost per ...
Troubled Euro-zone Countries See Labor Costs FallNASDAQ
Hourly labour costs down 11.2%EnetEnglish

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READ THE ORIGINAL POST AT greece.greekreporter.com

Greece hits budget target but revenue remains weak


CBS Moneywatch

Greece hits budget target but revenue remains weak
CBS Moneywatch
ATHENS, Greece Greece achieved a primary budget surplus of $665 million in the first quarter, beating targets agreed with rescue lenders, but revenues continued to weaken. The budget figure, which doesn't include interest payments on debt, was ...
Greece Beats 1Q Budget Targets for 2013NASDAQ

all 2 news articles »

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Greece's Ridgemont Country Club sold to private investor


Greece's Ridgemont Country Club sold to private investor
Rochester Democrat and Chronicle
The buyer is Jim Cucinelli, a local businessman and long-time Greece resident and club member. Cucinelli is a 1964 graduate of Greece Olympia High School and has a bachelor's degree in business administration from Rochester Institute of Techonology.

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Witch-hunt time in Greece [opinion]


New Europe

Witch-hunt time in Greece [opinion]
New Europe
Like most things in Greece , it is known by another name and it certainly has a different meaning. Internationally, it is known as the 'Falciani list', named after the HSBC whistleblower, Herve Falciani, who released a list of 130,000 foreign account ...


READ THE ORIGINAL POST AT www.neurope.eu

Police clash with foreigners being held at Greek detention centre

ATHENS, Greece - Police and detainees clashed Wednesday at a former military base in southern Greece where foreign nationals suspected of violating immigration laws are held pending deportation.

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Police, immigrants clash at Greek detention center


Police, immigrants clash at Greek detention center
MiamiHerald.com
ATHENS, Greece -- Police and detainees have clashed at a former military base in southern Greece where foreign nationals suspected of violating immigration laws are held pending deportation. Financially struggling Greece is the main gateway for Asians ...

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Police, Immigrants Clash at Greek Detention Center


Police, Immigrants Clash at Greek Detention Center
ABC News
Police, Immigrants Clash at Greek Detention Center. ATHENS, Greece April 10, 2013 (AP). Share. 0. Police and detainees have clashed at a former military base in southern Greece where foreign nationals suspected of violating immigration laws are held ...
All Share ServicesSalon
Banks, labour, strikes and diaries in this evening's newsEnetEnglish

all 3 news articles »

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'Grumpy Old Man' Heads To Prison For Killing Neighbor In Gardening Fight

As you sow, so shall you reap A 67-year-old man was sentenced to 11 years in prison for killing his 72-year-old housemate in an argument...

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Lithuania taxman uses Google Maps to find dodgers





Sitting in the comfort of their own offices, inspectors used the free Internet program for a virtual cruise around the streets of some of the Baltic country's big cities, uncovering dozens of alleged tax violations involving housing construction and property sales.

In Britain, tax officials have revealed they are using Web crawling software to trawl auction websites for undeclared sales, while in Greece authorities have been using satellite imagery to locate undeclared swimming pools in wealthy neighborhoods.

Google has had scrapes with European governments over Street View, with the Germans and French in particular concerned that the company's practice of deploying camera-mounted cars and bicycles to collect images and information for the application intrudes on privacy.

There are no rights violations, Buta said, added that tax authorities also discussed privacy and security concerns with Google officials in Lithuania.


READ THE ORIGINAL POST AT www.sfgate.com

Deposits keep trickling back to Greece amid Cyprus woes


ValueWalk

Deposits keep trickling back to Greece amid Cyprus woes
Fox Business
Bank of Greece Governor George Provopoulos also followed other Greek government officials in insisting that all deposits were safe, in a bid to allay fears of austerity-hit Greeks that their savings could be at risk after a raid on Cyprus depositors as ...
Greece, Slovenia Could See Cyprus Style Deposit HaircutsValueWalk
Greek Banks Suspend Merger TalksNew York Times
All deposits in Greece 'fully protected'EnetEnglish
Businessweek -euronews
all 88 news articles »

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Aristotle Onassis' Greek island 'sold for £100 million'


Telegraph.co.uk

Aristotle Onassis' Greek island 'sold for £100 million'
Telegraph.co.uk
The Greek shipping magnate's granddaughter, 28-year-old Athina Onassis Roussel, has agreed to sell the island of Skorpios, a jewel in the Ionian Sea, according to Greek media. The identity of the Russian businessman has not been disclosed. The forested ...
Athina Onassis Sells Skorpios Island to Russian BillionaireGreek Reporter

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Main Greek union calls general strike on May 1


Greek Reporter

Main Greek union calls general strike on May 1
GlobalPost
Successive cuts to salaries and pensions over the past three years have angered Greeks who have frequently taken to the streets to demonstrate their frustration. This time, the turnout is likely to be affected by the celebration of Orthodox Easter on ...
Greek Union Calls May Day StrikeGreek Reporter

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Just another day in Greece


libcom.org (blog)

Just another day in Greece
libcom.org (blog)
There are days in Greece when a number of 'small' incidents happen at the same time and together paint a picture of life in the crisis. The 24 hours between late Monday 8th to Tuesday 9th of April was one of these times. If you looked through Greek ...
All Share ServicesSalon

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READ THE ORIGINAL POST AT libcom.org

Greece: Police station attacked amid protests over planned gold mine


libcom.org (blog)

Greece: Police station attacked amid protests over planned gold mine
Fox News
THESSALONIKI, Greece – Authorities say a police station has been attacked in a village in northern Greece where frequent protests have broken out against plans to develop a gold mine in the area by a Canadian mining company. The attack took place in ...
Greece: Police station attacked in gold protestHuffington Post
Just another day in Greecelibcom.org (blog)
Mountain of Gold Sparks Battles in Greek Recovery TestBloomberg
EnetEnglish
all 11 news articles »

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Greece Beats 1Q Budget Targets for 2013


Greece Beats 1Q Budget Targets for 2013
NASDAQ
Greece achieved a primary surplus of 508 million euros ($663 million) in the first three months of the year, which compares with a deficit target of EUR2.3 billion for the quarter and an actual deficit of EUR334 million in the first quarter of 2012 ...

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Spanish, Slovenian economies at risk from imbalances: EU

European Commission President Barroso and Slovenian Prime Minister Bratusek address a joint news conference at the EU Commission headquarters in BrusselsBy Jan Strupczewski BRUSSELS (Reuters) - Spain and Slovenia have banking and labor-market problems that are causing imbalances in their economies, the European Commission warned on Wednesday after an in-depth review of 13 European Union countries designed to stop trouble in individual states becoming a wider problem. The early warning system, called the macroeconomic imbalances procedure, was set up after problems in Greece, Ireland and Portugal triggered the euro zone sovereign debt crisis, forcing euro zone countries to bail them out. It can result in a fine of 0. ...



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Brain Drain: 120000 Professionals Leave Greece Amid Crisis


Spiegel Online

Brain Drain: 120000 Professionals Leave Greece Amid Crisis
Spiegel Online
Greece's sky-high unemployment and shrinking economy are leading to significant brain drain, a new study has found. The number of young scientists leaving Greece has become painfully high, as more professionals abandon their homeland for better ...


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First deflation in over 40 years hits Greece, reminder of recession reality


RT

First deflation in over 40 years hits Greece, reminder of recession reality
RT
Greece's consumer price indexes have decreased 0.2%, marking the first deflation since 1968. It might mean the peripheral euro economy may be in more trouble- if the trend continues Greece will amass even more debt. The Hellenic Statistical Authority ...
Greece enters deflation for first time in 45 yearsTelegraph.co.uk
Deflation takes hold in GreeceFinancial Times
Greece: imports on the rise, as exports keep increasingANSAmed
Greek Reporter -Gulf Today
all 13 news articles »

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Honesdale woman's Baked Ziti Greek Style simplifies family favorite Hilda ...


Scranton Times-Tribune

Honesdale woman's Baked Ziti Greek Style simplifies family favorite Hilda ...
Scranton Times-Tribune
From her mother-in-law, the late Mary Bakos, Mrs. Bakos inherited several old-school Greek recipes, including pastichio, which is essentially the Greek version of lasagna. Among other things, the layered dish contains meat, ziti pasta, spices like ...


READ THE ORIGINAL POST AT thetimes-tribune.com

Gordon Alexander: A Crisis for Children?

Children's present and future is impacted upon by their country's economic health... their government's policies and ability to take decisions that work actively to prioritise and protect young people's lives are equally significant. All societies agree in principle that the health and the well-being of children is a priority. But there is a very hard-headed case to be made as well for the priorities that need to be attached to child well-being. If a society neglects its children... then that neglect is associated with a long list of adverse consequences in later life, affecting both the individual, and wider society.

READ THE ORIGINAL POST AT www.huffingtonpost.co.uk

Greece man goes bald for childhood cancer research


News 10NBC

Greece man goes bald for childhood cancer research
News 10NBC
Wednesday morning, Dan Guyor of Greece woke up with a full head of hair and beard but after visiting the News10NBC studios, it's gone. Press play on the video player to watch the transformation! This weekend, St. Baldrick's is holding an event at ...


READ THE ORIGINAL POST AT www.whec.com