How the world sees Greece
 Press TV | Eurozone FMs to approve bailout payments for Cyprus, Greece Press TV One of its lenders, the International Monetary Fund (IMF), recently said Greece's structural reforms to the economy have been “insufficient” and problems of tax evasion have not been tackled. Also during the meeting, discussions will be held concerning ... |
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Eurogroup statment on Greece: Full text Kathimerini The Eurogroup has been informed on the outcome of the second review mission under the second macroeconomic adjustment programme for Greece and welcomes the staff‐level agreement between Greece and the Troika on the updated policy ... The eurogroup approves 7.5 Bn in aid to Greece - FXstreet.com Eurogroup green lights release of €7.5bn of bailout funds |
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 Economic Times | Greek Program Back on Track, But More Austerity Seen - NASDAQ.com NASDAQ ATHENS--Greece is on track to meet its budget targets this year and next but may have to make further cuts in 2015 and 2016, the European Commission said in a report that will provide the basis for a decision Monday on whether to release more bailout ... Greek budget on track to meet fiscal targets - GlobalPost Eurogroup to discuss Greek, Cypriot bailouts and Slovenia woes Eds: Meeting to ... Euro Ministers Said to Approve EU7.5 Bln of Greek Aid |
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 Kathimerini | Samaras says Greece to return to markets in H1 of 2014 Kathimerini Prime Minister Antonis Samaras said on Monday the country can beat the targets set under its 240 billion-euro International Monetary Fund and euro area bailout program and return to bond markets in the first half of next year. “Greece is back on ... Upcoming China Visit First Step to Greece's Return to Global Investment Map ... Greece's lenders to end quarterly inspections, next visit in October |
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 Raw Story | Greece Uses Emergency Power on Striking Teachers ABC News The Greek government said Monday it will use emergency powers to prevent protesting teachers from disrupting university entrance exams this month. Civil servants' unions retaliated by calling a 24-hour strike for Tuesday. It is the third time this year ... Teachers in Greece Warned to Not Strike Greece takes emergency action against striking teachers Greece invokes emergency powers to block teachers' strike |
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 RT | Greek government orders teachers not to strike Los Angeles Times From left, Dutch Finance Minister Jeroen Dijsselbloem, Greek Finance Minister Yannis Stournaras, European Union Commissioner for Economic and Monetary Affairs Olli Rehn and Irish Finance Minister Michael Noonan talk prior to a Eurozone meeting at the ... Greek state workers to strike against teachers' walkout ban Greek govt threatens to arrest teachers over strike Greeks banned from striking under emergency law |
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Greece's Piraeus Bank to buy back bonds to boost capital Reuters ATHENS May 13 (Reuters) - Greece's second-largest lender Piraeus Bank said on Monday it planned to buy back 321 million euros ($416.4 million) of hybrid bonds as part of efforts to boost its capital base. The bond buy-back forms part of the country's ... |
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 ValueWalk | Big Hedge Funds Invests In Greece Banks - ValueWalk ValueWalk Investment management firms had been active in pursuing different opportunities in Greece to make money by purchasing corporate and government debt as well as stocks. The leading hedge funds that will help recapitalize Greek banks include Farallon ... Top Hedge Funds Look To Profit From Greece's Alpha Bank Rescue Top hedge funds bet on Greek banks Top hedge funds betting big on Greek banks, Financial Times reports |
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Disgraced pair return home after serving quarter of eight-month sentences for perverting course of justice
The former cabinet minister Chris Huhne has described prison as a "humbling and sobering experience" as he and his ex-wife Vicky Pryce were released on Monday, returning to their London homes to contemplate how to rebuild their shattered reputations.
Both had served 62 days of eight-month sentences for perverting the course of justice after Huhne, 58, asked Pryce, 60, to take three speeding points for him a decade ago. They were freed under home-detention curfew and must each wear an electronic tag.
Later, outside the north London home he shares with PR adviser Carina Trimingham, 46, for whom he left Pryce, the former energy secretary apologised for what he had done.
As Pryce arrived at the former family home in Clapham, she posed for photographs briefly while her lawyer said his client was very pleased to be home and looked forward to returning to her career as an economist.
Huhne, a former City analyst, is said to be looking forward to starting a fourth career, with frontline politics no longer an option. His appointment to the Department of Energy and Climate Change is understood to have kindled a genuine passion in renewable energy and he may seek to explore options in that field.
Shortly before he changed his plea to guilty at the start of his trial in February, Huhne was appointed as a consultant to the green energy company Nationwide Energy Services, a fast-growing firm that helps people obtain grants to make their homes more environmentally friendly. A publishing deal may also be possible, especially if the former journalist, who was elected as Liberal Democrat MP for Eastleigh, Hampshire, in 2005, kept diaries during his time at the heart of the coalition government.
It is understood he has considered writing about prisons and prisoners' lives, with all proceeds going to charity. He has also, reportedly, expressed an interest in the rehabilitation, re-employment and aftercare of prisoners.
Another option for Huhne, who gained a starred PPE first at Oxford University, may be to reinvent himself as a lecturer, possibly abroad, where he will be out of the spotlight.
Pryce, a mother-of-five, with three of the children with Huhne, appears determined to resume her high-flying career. The former joint head of the Government Economic Service resigned as senior managing director at FTI Consulting after being convicted of perverting the course of justice after a retrial in March. She had unsuccessfully put forward a defence of marital coercion.
It emerged that her most recent work, Greekonomics, about Greece's struggle with debt and the euro crisis, had been considered a possible contender for the prestigious Orwell prize, but was dropped because of her conviction.
Huhne left Leyhill prison in Gloucestershire by the main entrance in the back seat of a silver Honda at about 7.30am, making no attempt to avoid waiting media.
After arriving at his home in Clerkenwell, with Trimingham at his side, he said: "I would just like to say once again, as you know from the night I was sentenced, I said that I was very sorry for what I had done. It has been a humbling and sobering experience. I would like to thank all of those who have written to me – hundreds of letters that I have had – and all my family and friends who stood by me. And I would also just remind you that I have served only part of my sentence and therefore it is not appropriate to say more.
"I would now like to get on, get back to home, and continue with my life. Thank you for coming."
Pryce left East Sutton Park prison near Maidstone, Kent, through a back entrance, driving away with her solicitor, Robert Brown, and pursued by press photographers outside the Category D open jail for women and young offenders.
Arriving at her south-west London home, smiling, she told reporters the first thing she planned to do was have a cup of coffee. Her solicitor said: "Vicky Pryce is very pleased to be home and back with her family. She is grateful for all the support she has received from everyone whilst in prison, including her fellow residents and prison staff.
"She now intends to spend time with her family and looks forward to returning to her career as an economist."
Within hours of Pryce's release, it was announced she would publish a book called Prisonomics in September. Iain Dale of Biteback Publishing, the Greekonomics publisher, said it would be a personal account of prison life combined with an economic analysis of the cost to the economy of keeping women in prison.
In a statement through Biteback, Pryce said: "I kept a diary while in prison and I have some strong views on how the prison system works, especially with regard to how it treats women. I will use personal experience to back up my arguments but I must be clear that this book is more than a memoir – it will analyse how prison works, and should work very much from an economic perspective."
During her trial, Southwark crown court in south London heard Pryce had revealed the speeding points scandal to a newspaper in 2011 in an attempt to "nail" her former husband after he left her for Trimingham.
The Crown Prosecution Service seeks more than £100,000 in costs from the former MP. Last month a hearing was told that Huhne's legal team had offered £25,000. The CPS seeks £48,695 from Pryce, the court heard.
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US Supreme Court: No decision yet on Greece prayer case Rochester Democrat and Chronicle U.S. Supreme Court: No decision yet on Greece prayer case. The top court's latest list of cases it will hear in its fall session does not include the lawsuit over prayer before Greece Town Board meetings. That doesn't mean the court won't hear the ... |
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 Slate Magazine (blog) | Each Easter, two Greek churches pummel each other with rockets Slate Magazine (blog) Since the 19th century, a pair of rival parishes on the Greek island of Chios have celebrated Easter not with bunnies or eggs, but by launching thousands of flaming projectiles at each other's churches while congregants celebrate Mass inside. When the ... |
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Why I Left Greece Huffington Post It reminded me of all the disillusionment I used to feel as a dreamy teenager growing up in a very selfish, immature, unbalanced and fundamentally undemocratic society. It reminded me of why I chose to leave Greece and move to Canada thirty years ago. |
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RT | Greek state workers to strike against teachers' walkout ban Reuters ATHENS (Reuters) - Greek public sector workers will walk off the job on Tuesday to protest against a government decision to ban a strike by high-school teachers that would disrupt university entrance exams. It is the third time this year that Prime ... Greek govt threatens to arrest teachers over strike Strike Called To Support Greek Teachers Teachers' strike banned by Greek government |
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 WGRZ-TV | Supreme Court Postpones Decision on Greece Prayer Dispute WGRZ-TV The Greece case dates back to 2009, when two local residents, Susan Galloway and Linda Stephen, objected to the town's practice and Americans United for Separation of Church and State, a church-state watchdog group, filed a lawsuit on their behalf. |
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 Financial News | Top hedge funds betting big on Greek banks, Financial Times reports MarketWatch (blog) The report, which cited people described as familiar with plans, said other funds looking at investing in banks include Daniel Loeb's Third Point, which made half a billion dollars last year by grabbing up cheap Greek government bonds, and CQS, the ... Top hedge funds bet on Greek banks Top Hedge Funds Look To Profit From Greece's Alpha Bank Rescue |
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The murder of the Greek Royal family News24 or "Krat'eroi" (to the stronger). Alexander may have said, "Krater'oi" (to Craterus). This is possible because the Greek pronunciation of "the stronger" and "Craterus" differ only by the position of the accented syllable. Most scholars believe that if ... |
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