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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, June 27, 2013

Cosco chief calls on fellow Chinese to invest in Greece


Kathimerini

Cosco chief calls on fellow Chinese to invest in Greece
Kathimerini
Chinese group Cosco is evolving from a strategic investor in Piraeus into a strategic ally of Greece, as its head, Captain Wei Jiafu, said on Thursday while signing the agreement for the expansion of Dock III of the country's biggest port that he will ...
Twin Win For Greece, TAP and COSCOGreek Reporter
Samaras: Greece welcomes more investment from ChinaCapital.gr (press release)
Government of Greece and Tap sign Host Government AgreementOilVoice (press release)
Businessweek -Trend.az -Global Times
all 15 news articles »

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Uncle George's Greek Tavern, fixture of Astoria restaurant scene, owed about ...


New York Daily News

Uncle George's Greek Tavern, fixture of Astoria restaurant scene, owed about ...
New York Daily News
The closing of a beloved Greek eatery has signified the end of an era in Astoria's increasingly trendy restaurant scene. Uncle George's Greek Tavern was forced out of its longtime storefront in the heart of the busy neighborhood after a rent dispute ...

and more »

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EU pledges ?6bn to tackle youth unemployment

Leaders at summit in Brussels determine to bring down youth unemployment rates which are as high as 50% in some areas

European leaders pledged last night to launch a battery of new measures to combat the scourge of youth unemployment, following three years of austerity policies and spending cuts that have contributed to soaring jobless rates.

But the EU summit in Brussels did not raise new funds to help combat the problem in countries such as Greece, Spain or Portugal; instead, it ordered a rediversion of money from within the EU budget. After months of wrangling, the various warring EU institutions also agreed a new seven-year €960bn (£820bn) budget. The summit decided to devote €6bn of that to fighting unemployment, prioritising the resources on regions where youth unemployment is higher than 25%.

In addition, the European Investment Bank is to borrow on the markets to increase lending to small businesses in an attempt to bypass the credit crunch and encourage the hiring of school-leavers.

The €6bn is expected to have limited impact in countries like Spain or Greece where official figures show youth unemployment exceeding 50% following years of austerity policies.

Angela Merkel, the German chancellor fighting for a third term in September, also wants to counter youth unemployment. She has convened another European summit in Berlin next week devoted to the issue.

Senior European officials conceded that the two-day summit opening on Thursday evening was an exercise in treading water, with all decisions of substance in the EU being put off until after Germany's general election on 22 September. The next summit is scheduled for October.


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Suicide Blast Near Damascus Greek Church Kills 4

(AP Photo/SANA) Syrians investigate a damaged antique shop after a blast struck in the vicinity of the Greek Orthodox Virgin Mary Church in the predominantly Christian neighborhood of Bab Sharqi in central Damascus, Syria, June 27, 2013. Four people were killed. DAMASCUS, Syria (AP) -- A suicide attacker blew himself up near one of the main churches in the Syrian capital on June 27, killing at ...

READ THE ORIGINAL POST AT www.greekherald.com

Greeces National Organization of Medicines chief resigns

The head of the National Organization of Medicines (EOF), Yiannis Tountas, handed his resignation to new Health Minister Adonis Georgiadis on Thursday.Tountas, who spent more than three years heading the medicines watchdog, had made his plans to step aside known a week ago.Tountas said that EOF had helped the government reduce ...

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Court gives Hellas Gold go-ahead to continue work at Skouries

The Council of State issued a decision on Thursday allowing Hellas Gold to continue work to install machinery at the Skouries mine in Halkidiki, northern Greece, for the time being.The company, 95 percent-owned by ...

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Ex-Cypriot minister and son fail to appear at Tsochatzopoulos trial

A Greek magistrate is set to launch procedures for the issuing of a European arrest warrant for the arrest of former Cypriot Interior Minister Dinos Michailidis and his son to testify at the money-laundering trial of former Defense Minister Akis Tsochatzopoulos (photo).Gavriil Mallis is said to be considering applying for a warrant after Michailidis and his son failed to respond to a summons on ...

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Ex-minister claims Lagarde list panel set on indicting him

Former Finance Minister Giorgos Papaconstantinou did not appear on Thursday before a parliamentary committee investigating his handling of the so-called Lagarde list of some 2,000 wealthy Greek depositors, submitting instead a nine-page deposition in which he accuses the panel of having already decided to indict him to trial.In the deposition, Papaconstantinou refers to ...

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Greek gambling privatisation of OPAP threatens to unravel

, the head of the country's privatization agency said on Thursday, risking delivery of a fatal blow to the country's asset sale program under its international bailout.Athens agreed last month to sell a 33 percent stake in ...

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National Bank of Greece (NBG) Hit as Short-Sale Ban Will be Lifted


National Bank of Greece (NBG) Hit as Short-Sale Ban Will be Lifted
StreetInsider.com (subscription)
National Bank of Greece also announced that as at June 27, 2013, its 2,274,125,874 new common, registered, voting shares (“New Shares”) of a nominal value of €0.30 each that arose from the Bank's share capital increase by payment in cash and ...
One More Implosion for National Bank of Greece24/7 Wall St.

all 2 news articles »

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Calgary Greek Festival raises over $80,000 for Calgary Red Cross Flood Relief and Kids Cancer Care Foundation of Alberta

CALGARY , June 27, 2013 /CNW/ - The Hellenic Society of Calgary is proud to announce that this past weekend's Calgary Greek Festival Disaster Relief Benefit was a huge success and was able to raise $50,000 ...

READ THE ORIGINAL POST AT ca.finance.yahoo.com

Greece's road haulage sector see revenues slide as costs rise


Greece's road haulage sector see revenues slide as costs rise
Kathimerini
Revenues in Greece's road haulage sector have dropped 52 percent in the last four years as the cost of fuel and tolls has risen by almost 325 percent during the same period, according to research compiled by the Transport Institute. There are roughly ...


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Meet This Years Google Science Fair Finalists

2 Ann Makosinski (Photo)

Google just announced this year's 15 finalists in the Google Science Fair. Projects include everything from cancer detection to environmental protection.

These kids are chosen from a pool of 90 semi-finalists. Five projects are chosen in each age group from all over the world — Canada, USA, Russia, Singapore, India, Greece, Turkey and Australia.

On September 23 the finalists will present their projects to an international panel of esteemed scientists for judging. The Grand Prize winner will receive a 10-day trip to the Galapagos Islands with National Geographic Expeditions, $50,000 in scholarship funding and more.

Elif Bilgin developed a way to use banana peels, instead of petroleum, to make bio-plastics.

Elif Bilgin has developed a way to use banana peels to make bio-plastics, instead of relying on traditional petroleum. She comes from Turkey, and is 16.

She wrote about the project:

In this project, I developed a method for making plastic by using banana peels and found new areas for the use of the plastic that I manufactured: using the bio-plastic in the making of cosmetic prosthesis and in the insulation of cables.

This project was done over a time period of 2 years. During this time period, I was able to succeed in my endeavor to manufacture plastic that can actually be used in daily life.

She was also crowned the Scientific American Science In Action winner, which honors a project that "makes a practical difference by addressing an environmental, health or resources challenge." She gets $50,000 and and a year’s worth of mentoring from Scientific American to help develop her project.

Her role model is Marie Curie.



Ann Makosinski made a flashlight that runs on body heat.

Ann Makosinski is a 16-year-old Canadian. For her project, she designed a flashlight that runs solely off of body heat. She describes her project:

Using four Peltier tiles and the temperature difference between the palm of the hand and ambient air, I designed a flashlight that provides bright light without batteries or moving parts. My design is ergonomic, thermodynamically efficient, and only needs a five degree temperature difference to work and produce up to 5.4 mW at 5 foot candles of brightness.

She's been inspired by Nikola Tesla, Marie Curie, and Pandit Ravi Shankar.



Yi Xi Kang, Kwok Ling Yi, and Tricia Lim worked together to study liver scarring.

These three 16-year-old Singaporean girls studied how sex hormones like estrogen and progesterone help prevent and heal liver scarring. They studied rat liver cells in culture, treating them with the hormones to see if they could heal the inflamed cells.

They explain their motivations:

We hope that our contributions to scientific research can be used in real-life applications to improve patient welfare, as we believe each scientist has a duty to work towards the betterment of society.



See the rest of the story at Business Insider
    



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General Mills Recasts Yoplait Greek Yogurt -- Again


FoodNavigator-USA.com

General Mills Recasts Yoplait Greek Yogurt -- Again
AdAge.com
But General Mills picked Olson to oversee the launch of what is being described as a "full-calorie traditional" Greek yogurt that will debut in July, replacing the marketer's existing Greek version. The restaging comes as the marketer seeks to gain ...
Yoplait to Alter Greek RecipeWall Street Journal
General Mills starts over on Greek yogurtMinneapolis / St. Paul Business Journal
General Mills Overhauling Yoplait Greek, Removing 'Filler'NASDAQ
FoodNavigator-USA.com -just-food.com (subscription) -Wall St. Cheat Sheet
all 65 news articles »

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Samaras Buys Time With Recycled Ministers

(AP Photo/Petros Giannakouris) Greece's Prime Minister Antonis Samaras, (R) and his new Deputy Prime Minister and Foreign Minister, PASOK Socialist party head Evangelos Venizelos, looked far apart in the first meeting of the hybrid government's new Cabinet on June 25. Greece has sworn in a new government after the previous administration lasted just one year. Antonis Samaras remains ...

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Greece faces second sell-off collapse

Greece is struggling to avoid the collapse of the sale of state gaming monopoly Opap amid threats and pressure from bidders to change key terms of the deal

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Greece faces collapse of second key privatisation


Greece faces collapse of second key privatisation
Financial Times
Greece is struggling to avoid the collapse of a second big privatisation deal, amid threats and pressure from bidders for the state gaming monopoly to change key terms of the deal they agreed last month. The problems with the €700m sale of Opap ...


READ THE ORIGINAL POST AT www.ft.com