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Thursday, August 8, 2013

Greek jobless all time high at 27.6%


Greek jobless all time high at 27.6%
Bangkok Post
The employment outlook remained bleak as the Greek economy was expected to contract by at least 4.5% this year, the central bank said. Highly indebted Greece has been implementing unpopular austerity measures demanded by the European Union and ...


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Dispute has put Greek Orthodox services on hold


Dispute has put Greek Orthodox services on hold
Salt Lake Tribune
Metropolitan Isaiah, the Denver-based Greek Orthodox archbishop whose region includes Utah, recently ordered the three clergy members serving the community to "immediately suspend all priestly ministry to the parish." "They are not to celebrate any ...


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Youth unemployment hits 65% in Greece as national jobless rate climbs to new ...


Financial Post

Youth unemployment hits 65% in Greece as national jobless rate climbs to new ...
Financial Post
ATHENS — Greece's jobless rate hit a new record high of 27.6% in May, official national data showed on Thursday as the country staggers under austerity linked to its international bailout. Data showed that those aged 15 to 24 remained the hardest-hit ...


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Will Berlusconi's Daughter Replace Him?

* Marina reluctant but speculation increases * Berlusconi's first daughter is successful businesswoman * Could she match his charisma? By Danilo Masoni MILAN, Aug...

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Sinan Ciddi: Turkey's Dark Clouds for Election Year 2014

The verdicts coming out of the Ergenekon trial are clear indicators that Turkey's old power establishment has not only been silenced and marginalized, but also are targets of punishment. Whichever way one looks at the political landscape, it is clear that 2014 will be typified by many dark clouds on the horizon for the country's leaders.

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Wednesdays central Greece quakes damage more than 300 homes

Two earthquakes measuring 4.1 and 5.1 on the Richter scale that struck the area of Amfikleia, central Greece, on Wednesday, and were followed by dozens of milder aftershocks, damaged more than 300 homes, local authorities said on Thursday after checks by state inspectors.Of the damaged structures, around 50 are at risk of collapse and will be demolished in the coming days to avert possible injury ...

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Special visa boosts number of Turkish tourists

By Stathis Kousounis The Turkish market is growing into a real driving force for Greek tourism, with market professionals estimating that by 2014, arrivals from the neighboring country will exceed the 1-million mark.One of the factors that has contributed to the increase in traffic from Turkey to Greece is a program that started last year and is continuing this summer which allows Turks to visit ...

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Greece sets another joblessness record

10/01/2013 14:24 CET Greece’s jobless rate continues to rise under the austerity linked to its international bailout. The unemployment rate hit a new record high of 27.6 percent of the workforce in May. April’s number was revised upwards to 27 percent. The country is in its the sixth year of recession and job seekers are pessimistic: In Athens, a 60-year-old unemployed woman ...

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Venizelos Says Greek Crisis Winding Down

Greek Deputy Prime Minister/Foreign Minister/PASOK Socialist leader says Greece is turning toward a recovery despite a record jobless rate and a six-year recession. Greece is now two-thirds of the way through its crisis, but still needs support in growing the economy following years of contraction, the country's Deputy Prime Minister has said. Asked his view of the economic situation, ...

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Ramadan Closing Feast Celebrated by Turkish Tourists

Hundreds of Turkish tourists are going to celebrate the end of this year's Ramadan in Thessaloniki and Halkidiki. The tourists from Turkey will visit Northern Greece by car, bus and air. Ramadan celebration ended on August 7 followed by a three-day holiday. Major hotels in the two regions are prepared to offer special services to foreign visitors, such as menus tailored to the Turkish ...

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Greece is ?two-thirds of the way through its crisis? says the country?s Deputy Prime Minister

Greece is now two-thirds of the way through its crisis, but still needs support in growing the economy following years of contraction, the country's Deputy Prime Minister has ...

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Vroutsis Insists No More Austerity

Greek Labor Minister Yiannis Vroutsis Despite an International Monetary Fund (IMF) report that there could be a hole as big as $14 billion in the Greek economy that needs filling, the coalition government led by Prime Minister Antonis Samaras has no plans to institute more austerity measures, including abolishing the two-months bonus pay that is still active for some private sector worker, Labor ...

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Decline in hotel rates reverses

The average online hotel rate for an overnight stay in a double room in Greece is 10 percent higher this month than a year ago, despite the average January-July rate being 4.1 percent lower, according to data by hotel search engine Trivago.A strong rebound in foreign demand for Greek hotel accommodation appears to have pushed the rate to pre-recession levels, at 131 euros, compared to 119 last ...

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Greece World?s 3 Family Spot

According to a One Poll survey realized for the international travel organization Thomas Cook, it was revealed that Greece ranks among the top travel destinations for family vacations, winning the 3rd place worldwide, but losing out to neighbor Turkey which was ranked number one in the world. Among others, the survey showed that 50% of the parents choose their annual holiday based solely on ...

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Greek Rooftops Going Green

The sea of white-and-grey roofs across Greek cities, particularly Athens, could be changing color, at least for drab municipal buildings. The project Green Roofs in Public Buildings was announced on Aug. 7 by Greece's Ministry of Environment, Energy and Climate Change which is putting up 15 million euros ($20.08 million) aimed at putting grass and greenery atop schools, nurseries, ...

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Fake Viagra Found In Chinese Store

A large quantity of pills and "oil" for the treatment of erectile dysfunction, which was illegally being sold in Greece as the brand name Viagra but with a slightly altered title was found and seized by the Economic Police in a Chinese wholesale trade shop. The illegal medicinal products – preparations for the treatment of erectile dysfunction were carefully hidden and were ready ...

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Greece To Close Merge 28 High Schools

The Ministry of Education said it’s going to move to close or merge 13 secondary schools and merge 15 after doing the same to 118 primary and preschools as part of more austerity cuts. The move came through a ministerial decision that was published at the Government Gazette (the official journal of the Government of Greece which lists all laws passed in a set time period ratified by ...

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Greek Jobless Rate Big News

Just a few minutes after the announcement of the Hellenic Statistical Authority concerning the new record jobless rate of 27.6 percent in Greece for May, the Financial Times published an article entitled Unemployment in Greece Continues to Gallop detailing how dire the numbers really are. The British newspaper indicates the statistics are grim, especially 64.9 percent for those under 25 and the ...

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Greece gets tough on tax dodgers who bully tax inspectors

ATHENS (Reuters) - Greek shop owners resisting on-site tax checks have been dealt penalties including a one-month shutdown, authorities said on Thursday after international lenders piled pressure on Athens to collect revenues. In one ...

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Power On Greek activists fight poverty with guerrilla-style stunts

The White House earlier praised Athens for ‘working very hard in challenging conditions’ – but the Greek people seem to be growing tired of unfulfilled promises of recovery, as Egor Piskunov ...

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Woman On Greek Homeless Soccer Club

Greece’s national soccer team of homeless this year includes the first woman, a 20-year-old, as it heads for the world championship in Poland. Orthodoksi, as she’s called, has been following a program of hard workouts for several months now. She joins a team of others using only their first names, Chris and Costas from Volos, Anthony, Stelios, Erion, Dimitris and Thanasis. The 11th ...

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Greece Plans Immigrant Island Campsites

Greek Minister of Shipping and the Aegean Miltiadis Varvitsiotis said some immigrants unlawfully pouring into Greece in hopes of finding asylum or going to other countries will be house in campsites on islands in the Aegean. Talking to the Greek radio station Vima 99,5, Miltiadis Varvitsiotis said tents and chemical toilets will be set up in the spaces of temporary accommodation. Prime Minister ...

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The Greek Paradise of 17M Tourists

The tourism industry has rapidly developed over the years. From 25 million tourists in 1950, their number exceeded one billion in 2012. With an average rise of 3.3 percent, the number of tourists is expected to reach 1.8 billion tourists in 2030. The above data were mentioned at the World Tourism Organization report under the title Tourism Highlights 2013 that was recently published. Tourism ...

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Evaluation proposed before next round of civil service transfers

Interior Minister Yiannis Michelakis called on Thursday for an evaluation of central and local government needs before Greece proceeds with further transfers of civil servants.The government is rushing to place 12,500 public sector workers in a mobility scheme by the end of September to keep to a time line it has agreed with the troika. Another 12,500 will have to be moved from their positions by ...

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Greek unemployment rate rises to 27.6 official data

ATHENS -- The Greek unemployment rate climbed to 27.6 percent of the workforce in May from 23.8 percent in May last year, the state statistics agency said on ...

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Brazil sets fresh sparks over Greece

Guido Mantega reignites debate with Christine Lagarde over rebuke by Brazil’s IMF member of Greek aid by flipping his stance that last week averted a crisis

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Brazil calls for review of Greek bailout

Rescue programmes should be more economically sustainable to give countries a better chance for recovery, says Guido Mantega

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Greece's rise in the suicide rate

Dimitris Christoulas is not the first or last Greek to take his own life as the financial crisis takes hold in Greece Dimitris Christoulas, the 77-year-old retired pharmacist who shot himself on Syntagma Square in Athens because, as he said in the note he left behind, he would rather die than scavenge in rubbish bins for his food, is not the first and will most certainly not be the last Greek to ...

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IMF snafu over Greece a misunderstanding: Brazil


IMF snafu over Greece a misunderstanding: Brazil
FRANCE 24
But he said he agreed with Nogueira that "the issue of rescuing Greece and other countries of the Eurozone periphery need to be revised and perfected to give those countries better recovery conditions". "Paulo Nogueira has, since his appointment in ...


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Truck crashes through Greece bakery's front window


13WHAM-TV

Truck crashes through Greece bakery's front window
Rochester Democrat and Chronicle
According to Greece police, Tim T. Hicks, 29, of Paradise, Texas was driving a box truck westbound on West Ridge Road around 7:40 a.m. when he struck another vehicle at the entrance to Stoneridge Plaza. The box truck lost a wheel in the collision, ...
Crash leads to one arrest in GreeceGreece Post
Truck Driver Charged With DWI In Greece CrashWROC-TV
Police: Truck crashes into bakery, driver charged with DWINews 10NBC

all 6 news articles »

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Cyprus, Israel and Greece sign MoU on energy and water


Famagusta Gazette

Cyprus, Israel and Greece sign MoU on energy and water
Famagusta Gazette
According to the Cypriot minister, the first is the connection of an electricity cable between the three countries, the second is the feasibility of a pipeline from the East Mediterranean to Europe via Greece and the third one is the gas storage ...
Cyprus, Greece and Israel Sign Energy AccordArutz Sheva
Israel, Greece, Cyprus sign energy and water dealThe Times of Israel
Israel, Greece, Cyprus sign new energy MOUGlobes
Financial Mirror -Algemeiner -Capital.gr (press release)
all 21 news articles »

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Obama Expected to Support Greek Leader

President Barack Obama is expected to voice support for embattled Greek Prime Minister Antonis Samaras and his economic restructuring plans when the two meet Thursday.

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Truck driver charged with DWI after crashing into Greece bakery


13WHAM-TV

Truck driver charged with DWI after crashing into Greece bakery
Rochester Democrat and Chronicle
Timothy Hicks, 29, of Paradise, Texas, was charged with driving while intoxicated, said Greece Police Capt. Pat Phelan. Hicks is accused of driving a box truck into the front window of Gruttadauria Bakery on West Ridge Road, near Stone Road, about 7:40 ...
Crash leads to one arrest in GreeceGreece Post

all 4 news articles »

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A Whistle-Blower Who Can Name Names of Swiss Bank Account Holders

Hervé Falciani, who claims his CD-ROMs have 130,000 account holders of Swiss bank accounts, has roiled politicians in Greece and Spain.
    



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