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Friday, August 2, 2013

Latin American countries rail against IMF over Greek bailout


Latin American countries rail against IMF over Greek bailout
Financial Times
Brazil's representative to the International Monetary Fund's executive board abstained from approving the fund's new €1.8bn contribution to Greece this week and issued a stinging criticism, arguing that Athens might be unable to repay its rescue loans.


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Unacceptable Detention Conditions for Immigrants

Overcrowded inflatable boats of questionable stability carry every day downtrodden citizens of other countries to countries which are considered to be the "Land of Promise." Many of them get lost at sea and others arrive to some land. Everyone wants to start a new life away from civil wars, poverty and oppression. The images are known. They take place in Malta, on Greek islands and on ...

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Drug Trafficking Gang Found on Kalymnos

A multimember criminal gang was trafficking heroine and other drugs from Albania into the island of Kalymnos. During the organized operation, the police arrested 12 people, nine of whom are members of the gang, seized amounts of drugs, weapons and explosives and are still looking for one more person. According to the police, three of the members are prison inmates from Greece, aged 48, 42 and ...

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Bourse abuzz in a period when traders usually take a break

Stock prices and turnover continued their rising course on Friday, with the Greek bourse showing signs of life just when it was least expected, early August.The Athens Exchange (ATHEX) general index closed at 916.56 points, growing 1.83 percent from ...

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Hellenic Coast Guard Fights Tax Evasion

The Finance Ministry’s Financial Crimes Squad (SDOE) officers in order to carry out controls for tax evasion and undeclared labor around the Greek islands during the summer season, borrowed the vessels of the Hellenic Coast Guard. SDOE and the Hellenic Coast Guard agreed, as it was announced by the Ministry of Finance, for the squad units to travel around the islands for controls against ...

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Greece: Boy, 13, arrested on suspicion of pushing nephews to their deaths


Greece: Boy, 13, arrested on suspicion of pushing nephews to their deaths
Globalnews.ca
A 13-year-old boy has been arrested in Greece accused of intentionally pushing his two younger nephews into an irrigation channel and leaving them to drown. Tuesday's deaths at the southern village of Strefi, near Ancient Olympia in the Peloponnese ...

and more »

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Greek civil aviation workers call strike against layoffs

ATHENS (Reuters) - Greek civil aviation workers plan to disrupt flights for three days next week in protest at government plans to fire 300 airport staff, their union said on Friday.




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Lagarde Says She's Confident Europe to Meet Greece Debt Pledge


Lagarde Says She's Confident Europe to Meet Greece Debt Pledge
Bloomberg
International Monetary Fund Managing Director Christine Lagarde said she is confident euro-area nations will deliver on their pledge to help Greece lower its public debt to the level agreed on in a joint bailout package. “I stand on the three-times ...


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Stonyfield plans Tuesday organic Greek yogurt giveaway for the Hub


Stonyfield plans Tuesday organic Greek yogurt giveaway for the Hub
Boston Globe
Starting at 10 a.m., the brand will have 50 employees located at Sam Adams Park to give away 10,000 free cups of “authentically strained Stonyfield Greek yogurt.” The employees will remain at their posts until 1 p.m. --- or “until the yogurt runs out ...

and more »

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Greek firefighters struggle to contain large wildfire near Athens, high winds hamper efforts



by 











Greek firefighters battle blaze near Athens


Associated Press - 2 August 2013 13:09-04:00



ATHENS, Greece (AP) — A dozen firefighting aircraft and about 150 firemen are battling a large wildfire coursing through a sparsely-built area east of Athens amid high winds.


Greece's fire brigade says the fire broke out Friday between the towns of Markopoulo and Porto Rafti, about 20 kilometers (12 miles) from the capital.


The blaze damaged outhouses, but there were no immediate reports of burnt homes.


Wildfires plague Greece every year during the hot, dry summer months. In 2007, more than 70 people died in a series of giant blazes.





News Topics: General news, Wildfires, Fires, Natural disasters, Accidents and disasters



People, Places and Companies: Athens, Greece, Western Europe, Europe



Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
This article is published under the terms of the News Licensing Group, LLC.
privacy policy, in addition to the terms of use and privacy policy for this website.






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1st Submarine Museum Park in Greece

A submarine museum-park of 2,500 square kilometers is under construction in the Northern Sporades and the West Pagasitikos Gulf of Greece. The site since 1996 has characterized as ';underwater archaeological site,'; but work is ongoing and it’s expected to open in to the public in 2015. It is an amazing underwater museum, where ten shipwrecks have been awaiting in silence for ...

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Mitsotakis Says Greeks Back Worker Firings

(Photo/Aris Messinis/AFP/Getty Images) Municipal employees shout slogans against the Greek government in front of Parliament in Athens as lawmakers prepared to vote last month on a new austerity package involving a shakeup of the civil service, with thousands of jobs at risk. ATHENS -- Greece's Parliament last month approved the first official culling of the country's bloated public ...

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Kefaloyianni Says Greece is Safe

According to Tourism Minister Olga Kefaloyianni, this year is expected to be better than last in terms of both the number of visitors and revenues, while she assured that Greece is an ';open and safe place'; and Greeks are ';extremely hospitable.'; ';The tourism industry accounts for about one-fifth of our economy, with one million employees. For this year, the numbers ...

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Athens cannot rely on bond plan bankers say

Greece will not be able to return to bond markets next year to help plug an estimated 11-billion-euro financing gap that will start to open up, market sources said this week, contrary to earlier suggestions from the government and its European partners.With pressure mounting on eurozone officials to find a solution to the 4.4-billion-euro shortfall the International Monetary Fund projects will ...

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Greek Vessel Ikaria Visits Vlore

The Greek navy ship Ikaria, will visit the port of Vlor, Albania, during a summer training program of the Hellenic Naval Academy, which will from Aug. 4-6. The Albanian public will have the opportunity to visit the warship on Aug. 4 from 4-8 p.m. and the next day from 5-7 p.m. while the captain of the vessel and the crew members will visit the local authorities and the sea cadets will visit the ...

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Satire and Satyr At Epidaurus

National Theatre of Greece is going to perform and come on stage with only satirical drama that will now bring Cyclops by Euripides. The performance will be staged by Vassilis Papavassiliou, with the leading triumvirate of Dimitris Piatas (Cyclops), Nikos Karathanos (Odysseus) and Nikos Hatzopoulos (Silenos). A 17-member male troupe will accompany them to serve the discerning view and witty ...

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Tourists get a break Greece cuts restaurant tax

This week, the Greek government slashed the restaurant sales tax on food and drink across the country, making it cheaper for everyone to go out and grab a ...

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Police Charge Boy 13 With Double Murder

Greece police said they have arrested a 13-year-old boy and charged him with pushing his nephews, boys aged 4 and 7, into an irrigation ditch where they drowned because he was reportedly jealous his father and grandfather gave them more attention. The victims, from Bulgaria, were found in the ditch at Alpheus. They were returning with the suspect, their uncle, from the house of their ...

READ THE ORIGINAL POST AT www.greekherald.com

Rescued Chilean miners express dismay at decision not to charge owners

Prosecutors close investigation into 2010 San José mine collapse in which 33 men spent 10 weeks trapped underground

A three-year investigation into the mine collapse in Chile that trapped 33 men for 69 days, turning them into international celebrities, has concluded that the owners should not face criminal charges, a decision met with widespread public anger.

Prosecutors this week closed their inquiry into the causes of the disaster at the San José mine, allowing its owners, Alejandro Bohn and Marcelo Kemeny, to avoid a trial and a possible jail sentence.

Criticism of the decision was immediate. Chile's former mining minister Laurence Golborne called it "unbelievable", while and Isabel Allende, a senator for Atacama region where the mine is located, described it as "painful"."

"I feel frustration, pain and in the morning I started crying," said Mario Sepulveda, the charismatic leader of the miners who dubbed themselves "Los 33", told Associated Press. "It is time to speak the truth: psychiatrically and psychologically we were badly treated … The majority of us are very bad in terms of emotional [health].

"Today, I want to dig a deep hole and bury myself again; only this time, I don't want anybody to find me."

The 33 miners have also found themselves blacklisted from working in mines, said Omar Reygadas, one of the men who was trapped nearly 700 meters underground for 10 weeks. "Most mine owners are afraid to hire us because they think that if there's ever a problem everyone will immediately find out about it since we get a lot press. We're well known."

Renato Prenafeta, a lawyer who represents 31 of the 33 miners, is analysing the prosecutor's decision before announcing whether he will fight it. A civil suit seeking millions of dollar in compensation was not affected by the decision to dropthe criminal investigation. He confirmed the men have a host of emotional and psychological problems and said it was nearly impossible for them to find jobs.

Immediately following their dramatic rescue the miners were showered with gifts including $20,000 cash, a trip to Disneyland in the US and a cruise around the Greek islands. Today many of the men are struggling to balance their emotional health with day-to-day financial needs.

A film about the rescue, starring Antonio Banderas, Jennifer Lopez and Martin Sheen is scheduled to be filmed this year and released in 2014. That could provide financial gain to the miners but given the long list of broken promises, few of the men expect much.

Sepulveda said he was so frustrated by the prosecutor's decision that he thought to immolate himself in front of the Chilean presidential palace. "The only reason I don't do it," he said, "is out of respect for my colleagues."


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German Politician Open to Greek Debt Waiver


Wall Street Journal

German Politician Open to Greek Debt Waiver
Wall Street Journal
Peer Steinbrück, the Social Democrat chancellor candidate whom the Greens support, said in an interview with The Wall Street Journal earlier this week that he would oppose Greek debt relief because it would discourage future private lending to the ...

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Real Housewives Of Greek Mythology


Real Housewives Of Greek Mythology
NPR
What's your favorite franchise of Bravo's Real Housewives, Atlanta or New Jersey? How about The Acropolis? In this game, host Ophira Eisenberg stirs up the celestial domestic drama by performing imagined on-camera quotes from female Greek ...

and more »

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Fitch Permitted Variations Help Stabilise Greek RMBS Performance

U.S. Money Fund Exposure and European Banks: Stabilization U.S. prime money market fund exposure to Eurozone banks has remained relatively steady through the first-half of 2013 except for a temporary drop in March, according to a Fitch Ratings ...

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Greeces Ship May Finally Be Coming In

(Photo/Yorgos Karahalis/Reuters) CHANIA, Greece -- The furthest thing from the minds of Egyptians and Turks when they took to the streets in recent mass protests was no doubt helping beleaguered Greece, but by the mighty law of unintended consequences they have probably done so: Tourists who might have favored other Mediterranean destinations are pouring in here with their cash. Greece, after ...

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Greece cannot rely on bond plan to fill funding gap

Fri Aug 2, 2013 7:34am EDT
* IMF identifies EUR11bn financing gap over next two years
* Pressure mounts on European partners to find solution
* German elections may push back debt relief discussions
By John Geddie
LONDON, Aug 2 (IFR) - Greece will not be able to return to bond markets next year to help plug an estimated EUR11bn financing gap that will start to open up, said market sources this ...

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Lagarde Says EU Must Cut Greek Debt

Greek Prime Minister Antonis Samaras’ hope that international lenders will yet agree to cut Greece’s debt even if it makes them take losses is still alive, at least with International Monetary Fund Managing Director Christine Lagarde, who said Europe should find a way to help Greece meets its fiscal targets. The IMF, along with the European Union and European Central Bank, make up ...

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Tsipras Wants Regime Change in Greece

SYRIZA leader Alexis Tsipras Sticking to his mantra of blaming the coalition government of Prime Minister and New Democracy Conservative leader Antonis Samaras, who has the support of PASOK Socialist leader Evangelos Venizelos, the head of the major opposition Coalition of the Radical Left (SYRIZA) party Alexis Tsipras has called for "regime change" in Greece during a sweep of the ...

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Investment in Exports Can Create 150000 Jobs BoG

A study released on Thursday by National Bank of Greece’s (Bog) Strategic and Financial Analysis Department shows that an increase in corporate investment in the export sector of up to 14% of the country’s gross domestic product would after three years see GDP increase 3.3% and create 150,000 jobs. However, for such a projection to be realized – as daily Kathimerini reports -, ...

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IRELI representative attends Olympic Summer School in Greece

Olympic Summer School will be organized for young coaches and teachers, active youth and volunteers in International Olympic Academy in Olympic town in Greece on 2 to 13 August. Head of the sports club of the IRELI Public Union Niyaz Aliyev will also attend Olympic Summer School. A delegation led by official of the Youth and Sports Ministry Vugar Ahmadov includes coaches and teachers, ...

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Teacher Dies After Facing Firing

Kleopatra Kapsahati, a teacher of nursing in the 1st Technical High School of Tyrnavos in Larissa, Greece, passed away on July 27 after she felt unwell when informed that her request to be excluded by from a so-called mobility scheme in which workers would be transferred or fired was rejected and her job was at risk, officials said. At 6 p.m. while she was at her house, she felt sickness and ...

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Civil servants take protest to Acropolis

Greek civil servants protesting mass staff cuts took their campaign to the gates of the ancient Acropolis on Friday, after the government announced that 500 workers at the culture ministry would be suspended next month.State archaeologists gathered in front of the ancient site, but did not block the entrance. Several museums around the country, including the popular Archaeological Museum on the ...

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IMF looks to Europe to help Greece

Washington - The International Monetary Fund chief said Thursday she is counting on Europe to live up to its commitment to help Greece meet its targets for slashing debt under an international rescue ...

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Greece slashes restaurant taxes

Greece slashes restaurant taxes

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