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How the world sees Greece
Wednesday, August 21, 2013
Texas leading scorer Papapetrou turns pro
Texas leading scorer Papapetrou turns proNCAA.comHe recently played for the Greece national team in the under-20 European championships. Losing Papapetrou means Texas will be without its top four scorers from last season's team that finished 16-18, the program's first losing season in 15 years.and more »
Schäuble breaks German campaign taboo on Greece
Wall Street JournalSchäuble breaks German campaign taboo on GreeceFinancial TimesThe politically toxic subject of financial support for Greece burst into Germany's election campaign on Tuesday as Wolfgang Schäuble, finance minister, acknowledged for the first time that Athens would need a third bailout. With barely a policy ...Germany's Schäuble Says Greece Will Need More AidWall Street JournalGreece needs third bail-out, admits German finance ministerTelegraph.co.ukEU's Olli Rehn: New Greece bailout not the only optionBBC NewsThe Guardian -RT (blog)all 122 news articles »
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Greece among top options for cruise operators
Greece appears among the top options of international cruise operators who are now drafting their 2014 schedules. According to the latest reports, the development has been helped by events in Egypt, as at least six Greek ports have received applications for docking from cruise operators who have cancelled calls at Egyptian ports. These ports are ...
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2013 Record-Year for Tourism in Greece
Greek Minister for Tourism, Olga Kefalogianni, talking to the Greek channel SKAI, expressed the belief that this year will be a record- year for tourism. She added that the government will emphasize further the attraction of investments in quality tourism, as well as in alternative forms of tourism. In this framework, the minister reported that the signing of a Joint Ministerial Decision (JMD) ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Germany's Greek Illusions
German Finance Minister Wolfgang Schäuble's acknowledgment Tuesday that Greece would need more money when its current bailout runs out next year has received plenty of attention. Most of us had assumed Angela Merkel's government would prefer ...
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| READ THE ORIGINAL POST AT online.wsj.com |
ECB board member plays down new Greek bailout
Joerg Asmussen says eurozone will consider measures to support country but no plans to review situation before the spring
The eurozone will consider measures to support Greece as long as it implements its latest bailout, but has no plans to review the situation before next spring, European Central Bank executive board member Joerg Asmussen said on Wednesday.
Asked to comment on a statement by German finance minister Wolfgang Schäuble that Greece would need a new bailout package, Asmussen said the issue was not discussed at talks with Greek finance minister Yannis Stournaras during his visit to Athens. "We have not discussed this, we have focused on making the current programme a success, more growth and jobs," he said.
He declined to be drawn into discussion of a third package, saying he had nothing to add to a Eurogroup decision last November that pledged additional assistance to Greece until it regained access to financial markets, as long as it implemented its bailout and generated a primary surplus.
Spokesmen for both Angela Merkel, the German chancellor, and Schäuble tried to play down the significance of the remarks, telling reporters that the German position had not changed.
GreeceEuropean Central BankEuropeEuropean UnionEconomicstheguardian.com © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds |
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First Death from West Nile Virus in Attica
The West Nile Virus (WNV) continues spreading in Attica and Northern Greece. According to the latest epidemiological data by the Hellenic Center for Disease Control and Prevention (HCDCP), the number of cases of people infected with the West Nile Virus reaches 35, while this is the first time a death caused by the disease’s complications has been recorded. An 81-year-old man, who had a ...
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ECB?s Asmussen Pushes Greek Reforms
European Central Bank board member Jorg Asmussen, in Athens to assess progress on delayed reforms needed for release of more rescue loans, said has said that Greece must step up its pace and that the banking system will be fine once it’s recapitalized with 50 billion euros ($65 billion) from the government. Despite an announcement from German Finance Minister Wolfgang Schaeuble that Greece ...
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Angela Merkel stonewalls over Greece bailout
The question is more likely to help two eurosceptic parties – the Alternative for Germany, and the Free Voters’ party – who want Greece to be forced to leave the European monetary union. Although neither is polling more than 2-3 per cent, they could ...
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Little Greek to Open 11th Tampa-Area Location
Little Greek Restaurant is opening its 11 th Tampa Bay–area location in late August in the former Mo’ Ziki restaurant at 10801 Starkey Road, across from Morton Plant Mease ... “Bringing new jobs and fresh Greek food to a community that ...
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| READ THE ORIGINAL POST AT www.qsrmagazine.com |
Berlin?s consistency on Greece?s rescue
Wolfgang Schäuble, the German finance minister, may have set the cat among the pigeons by stating that Greece will need a third rescue programme next year. But the pigeons are mostly to be found among opposition politicians in Germany’s federal election ...
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| READ THE ORIGINAL POST AT www.ft.com |
Greek Neo-Nazi Party Again Attacks Israel and "American Zionists"
"Tragically, according to polls, the Golden Dawn today ranks third among political parties in Greece ... which is yet another compelling reason why Europe, the United States, and international financial institutions must continue to support ...
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| READ THE ORIGINAL POST AT www.sacbee.com |
Aria Hotels adds the Elatos Resort and Health Club to its Collection of Greek Hotels and Villas
Aria Hotels (http://www.ariahotels.gr), a specialist in authentic Greek hospitality in the country's lesser-known hideaways has added the Elatos Resort & Health Club (http://www.elatos.com) to its collection of boutique hotels and villas.
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| READ THE ORIGINAL POST AT finance.yahoo.com |
Review: Yanni's Little Greek
Review: Yanni's Little GreekArizona Daily StarIf you're looking for high-brow, high-price-tag dining, then you won't be eating at Yanni's The Little Greek. This isn't the kind of place where you pay $12 for a baked potato on the side, and your server is dressed better than you are. No, Yanni's, at ...
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Lawrence Wittner: Clinging to Mass Violence
Is the human race determined to snuff itself out through mass violence? There are many signs that it is.
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| READ THE ORIGINAL POST AT www.huffingtonpost.com |
Ex-Cypriot Minister Faces Arrest Over Greek Scandal
A court in Limassol has ordered the arrest of former Cypriot former Interior Minister Dinos Michaelides to be extradited to Greece for questioning in connection with the bribery scandal involving ex-Defense Minister Akis Tsochatzopoulos who is on trial for money-laundering charges and other alleged offenses. The Cypriot court rejected a request from Michaelides' lawyer the suspect not be ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Police Say Woman 29 Shot Husband
A 29-year-old Bulgarian woman was arrested early in the morning of August 21 in Orestiada, northern Greece accused of murdering her 52- year-old husband with a hunting shotgun. The police said a few days ago she wounded her husband with a knife and he was transferred to the hospital to get stitches. According to the latest information the woman had abandoned her home the last days. The couple ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greece To Close 14 Island Tax Offices
At the same time it’s trying to step up the fight against tax evasion, Greece will close 14 tax offices on islands to save money as directed by its international lenders which wants 290 tax departments across the country cut to 120. The island tax offices will shut on Sept. 1, the Finance Ministry said in a statement. They are on the islands of Ikaria, Aegina, Andros, Kalmynos, Karpathos, ...
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Rockets display depth in Greece
Rockets display depth in GreeceToledo BladeHe says he's prepared to give minutes to all 11 available players, arriving at that conclusion at some point during the nine practices leading up to the recent Greece trip and the three anticlimactic games there in which his team breezed past inferior ...
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| READ THE ORIGINAL POST AT www.toledoblade.com |
Of Greek gods and Minotaur drinks
The HinduOf Greek gods and Minotaur drinksThe HinduSoldiers of Ares by Giorgio Groom is set a hundred years after the Trojan War, The 100-year-old Achilles, along with a band of loyal soldiers sets out on another war. The loyal soldiers include an assortment of creatures such as human beings, a few ...and more »
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ECB officials arrive in Greece amid talk of third bailout
The European Central Bank is checking up on how well Greece is meeting its international bailout obligations today, a day after Germany's finance minister said a third aid programme would be needed to keep Athens afloat.
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| READ THE ORIGINAL POST AT www.independent.co.uk |
Global football union warns of unpaid wages if players join clubs in Cyprus, Greece, Turkey
by
Associated Press
Players warned of moves to Cyprus, Greece, Turkey
Associated Press - 21 August 2013 11:55-04:00
HOOFDDORP, Netherlands (AP) — The international footballers' union FIFPro is advising players not to sign for most clubs in Cyprus, Greece and Turkey because of unpaid wages and bonuses.
FIFPro says it cautions players "about the bad behavior of clubs" in those countries which have not qualified for UEFA competitions. Clubs entering the Champions League and Europa League face UEFA sanctions for unpaid wages.
The warning was issued Wednesday as the summer transfer window approaches its hectic final days.
FIFPro says the Netherlands players' union estimates that at least half of its members moving to Cyprus, Greece or Turkey will have "serious problems" with non-payment.
FIFPro says some clubs promise "fabulous wages, a luxurious home, ambitious plans, a bonus for signing a contract, a bonus scheme or a percentage of a future transfer payment."
News Topics: Sports, Athlete compensation, Men's soccer, Professional soccer, Soccer, Sports business, Men's sportsPeople, Places and Companies: Cyprus, Turkey, Greece, Western Europe, Europe, Middle East
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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Elise Patkotak: Greek Festival delights with desserts, dance and memories
Fresno BeeElise Patkotak: Greek Festival delights with desserts, dance and memoriesAnchorage Daily NewsIf you've lived in Anchorage for even a short period of time and have not yet gone to the Greek Festival held every year at the Holy Transfiguration Greek Orthodox Church, you are missing one of Anchorage's best moments. And I'm not just talking about ...Delectable treats prepared for Greek FestivalFresno Bee50 years in the making: Greek food at its finestValley Community NewspapersSOUTHGATE: Annual Greek Fest this SundaySouthgate News Heraldall 5 news articles »
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ECB official deflects talk of more aid for Greece
ATHENS, Greece (AP) — A top European Central Bank official on Wednesday deflected the growing speculation that Greece will require a new financial aid deal, saying it won't be clear for months whether Athens would even qualify for more assistance.
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EU Scrambles To Avoid New Greek Bailout
European Union finance chief Olli Rehn looks like he's hoping to see a solution to Greece's relentless economic crisis but says it's elusive. More talks are due soon. ATHENS - As a top official from the European Central Bank (ECB), one of Greece's international lenders, headed to the capital to discuss progress on reforms, European Union finance chief Olli Rehn didn't ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Union warns players over contracts
Global players' union FIFPro urges caution for footballers considering moves to Greece, Turkey and Cyprus.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Merkel says no decision on Greek aid before 2014
German Chancellor Angela Merkel moved to defuse an election issue Wednesday by saying that any decision on a new aid package for debt-mired Greece would not come before next year. A day after her finance minister, Wolfgang Schaeuble, made waves a month ...
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| READ THE ORIGINAL POST AT news.ph.msn.com |
Asmussen in Greece for talks as debate over bailout's future is rekindled
KathimeriniAsmussen in Greece for talks as debate over bailout's future is rekindledKathimeriniEuropean Central Bank Executive Board member Joerg Asmussen is due to meet Greek Finance Minister Yannis Stournaras in Athens on Wednesday. The meeting comes in the wake of German Finance Minister Wolfgang Schaeuble admitting that Greece ...
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
Germany says will need to take new look at Greece in mid-2014
BERLIN | Wed Aug 21, 2013 7:26am EDT
BERLIN Aug 21 (Reuters) - Euro zone governments will need to take a fresh look at the status of Greece's aid programme in the middle of next year, a spokesman for the German finance ministry said on Wednesday.
"We have reached the middle of the current programme. It is August 2013, we will certainly have to look in mid 2014 at where we are, ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Im sexy and I know it Amr Diab rocks the night away with naked Greek women
Amr Diab was filmed secretly holding a concert in Greece. (Image: Facebook) Celebrities and their scandals never end, and sometimes that's the real entertainment for us! Amr Diab is the latest celeb in the hot seat, as a video of him holding a concert with naked women surfaced all over the internet. The video was filmed in Greece where Diab is ...
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Players warned about clubs in Cyprus, Greece and Turkey
REUTERS - Professional footballers have been warned by the world players' union FIFPro to think twice before signing to play for clubs in Cyprus, Greece or Turkey. Players were advised to be especially wary of clubs who were not playing in ...
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| READ THE ORIGINAL POST AT in.reuters.com |
Q&A: Germany and the third Greek bailout
But that could fall through if a fresh round of bank stress tests later this year reveals additional shortfalls of capital. Greece could also try to raise extra funds by expanding its monthly issues of short-term debt. But the IMF requires 12 months of ...
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Cat out of bag, ECB and Germany play down talk of third Greek bailout
ATHENS (Reuters) - The European Central Bank joined Germany on Wednesday in playing down talk of a third bailout package for Greece, but reaffirmed the euro zone would help the country trim debt as long as it stuck to its latest aid program.
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UPDATE 1-Germany tries to calm storm over minister's Greek aid remarks
BERLIN, Aug 21 (Reuters) - Germany denied on Wednesday that any decision had been taken on granting Greece another bailout, playing down comments from its finance chief who broke a pre-election taboo by describing a new rescue as inevitable.
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Europe Prepares for More Greek Aid as German Election Approaches
More than three years after its first 110 billion euro ($147 billion) rescue, question marks remain over Greece’s ability to pay its bills. The country is mired in the sixth year of a recession that has left six in 10 young people without work.
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| READ THE ORIGINAL POST AT www.bloomberg.com |
ECB's Asmussen says no plan to review Greek bailout before spring 2014
Asked to comment on the German finance minister's statement that Greece would need a new bailout package, Asmussen said the issue was not discussed at talks with Greek Finance Minister Yannis Stournaras during his visit to Athens. "We have not ...
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| READ THE ORIGINAL POST AT in.reuters.com |
Weidmann slams 'reckless' talk of euro break-up as Greece bail-out talk intensifies
In fierce comments to German business magazine Capital, Bundesbank chief Jens Weidmann slammed the "recklessness" of those who invoke a eurozone break-up. "What vexes me is how recklessly people invoke such a scenario," he told the magazine in ...
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| READ THE ORIGINAL POST AT www.telegraph.co.uk |
India's IT & ITeS Sector
ATHENS: Greece's progress in meeting international bailout obligations was scrutinised by the European Central Bank on Wednesday as Germany played down its own finance minister's comments that another aid programme is needed. A visit to Athens ...
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| READ THE ORIGINAL POST AT economictimes.indiatimes.com |
Greece will need more aid: German minister
BERLIN (AFP) ― German Finance Minister Wolfgang Schaeuble said Tuesday that crisis-hit Greece will need another rescue package after 2014, touching on a sensitive issue a month before elections in Europe’s biggest economy. “There will have to be ...
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European broadcasters shut down emergency Greek TV service
The GuardianEuropean broadcasters shut down emergency Greek TV serviceThe GuardianEDT, the new broadcaster has been airing mainly documentaries and old Greek movies over the last two months but on Wednesday morning launched its first news service with a two-hour programme. The broadcast that began at 8am, focused mainly on the ...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greece's 'third' bailout talk shadows ECB visit to Athens
By Harry Papachristou ATHENS (Reuters) - Greece's progress in meeting international bailout obligations was scrutinized by the European Central Bank on Wednesday as Germany played down its own finance minister's comments that another aid program is needed. A visit to Athens by Joerg Asmussen, a member of the ECB's executive board was primarily focused on whether Greece was meeting conditions for ...
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| READ THE ORIGINAL POST AT news.yahoo.com |
Cash-strapped Greek NGO says it was wrong to accept a donation for bears from far-right group
A prominent Greek environmental group says it has changed its mind and will return a donation from a xenophobic far-right party.
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| READ THE ORIGINAL POST AT www.foxnews.com |
Greek-American leader Andy Martin creates a bipartisan ?Committee for the Preservation of Greece?
2013-08-21 14:47:47 - Republican U. S. Senate candidate Andy Martin will hold a news conference today on the sidewalk in front of the historic St. Nicholas Greek Orthodox Cathedral in Tarpon Springs to announce the formation of the Committee for the ...
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| READ THE ORIGINAL POST AT www.pr-inside.com |
Greek Bear NGO Rebuffs Extreme Rightists' Cash
A prominent Greek environmental group says it has changed its mind and will return a donation from a xenophobic far-right party. The Arcturos NGO says it was wrong to have taken 5,000 euros ($6,700) from Golden Dawn, a party polling third in ...
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| READ THE ORIGINAL POST AT abcnews.go.com |
Greece may get third bail-out as Germany signals $328bn wasn?t enough
German finance minister, Wolfgang Schäuble ... this deeply unpopular prospect comes at a sensitive time for his party. Germany will hold a general election on September 22. "There will have to be another program in Greece,” Mr. Schaeuble told an ...
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| READ THE ORIGINAL POST AT rt.com |
Med Gas To Alter Energy Dynamics
by
Kostis Geropoulos
ATHENS - The US Energy Information Administration (EIA) said on 20 August that offshore natural gas field discoveries in the Eastern Mediterranean Sea, and the energy sectors of Cyprus, Israel, Jordan, Lebanon, Palestinian Territories and Syria “would significantly alter energy supply dynamics in the eastern Mediterranean region and could spur natural gas exports in the near future”.
However, the EIA noted in a brief that uncertainty over the location and configuration of export infrastructure persists. “But several proposals are making progress despite complications posed by regional security problems, territorial disputes, and macroeconomic uncertainty,” the report said.
One of the primary contributors to the report on the Eastern Mediterranean, Mark J. Eshbaugh from EIA’s International Energy Analysis, told New Europe on 20 August from Washington DC that, regarding liquefied natural gas (LNG), there could be around 350 million cubic feet (9.9 million cubic metres) per year available in the next five-seven years via proposed LNG facilities in Cyprus and Israel.
“OECD Europe’s 2012 demand for natural gas was approximately 17.9 trillion cubic feet (506.87 billion cubic metres) in 2012, so adding 350 billion cubic feet (9.9 million cubic metres) in five-seven years will not overwhelm the European natural gas market,” Eshbaugh said. He was asked by New Europe about the potential of EU gas discoveries in the Levant Basin and eastern Mediterranean for EU energy security.
“There are a few pipeline proposals at varying levels of feasibility, but they are unlikely to provide significantly more than the proposed LNG facilities, at least initially. Volumes from the eastern Mediterranean would be just one part of a broader gas mix for most countries,” he said, commenting on the best way to export these resources to potential markets.
“Another factor that could impact the European gas market is how other potential destination markets develop over the next several years. For example, if the price differential between Europe and East Asia persists, LNG exporters will have an incentive to send cargoes to Asian markets to capitalise on the higher prices,” Eshbaugh said.
A large share of the newly discovered energy resources will help meet domestic demand in the countries of the eastern Mediterranean region, but there could be enough surplus natural gas to spur exports from Cyprus and Israel. Determining how and where to export natural gas remains a topic of continued debate, with several proposed export routes competing for political and economic support, the EIA report said.
Israeli sources told New Europe that Tel Aviv doesn’t see gas as a strategic put purely an economic issue. They added though that if all gas fields -- Israel, Egypt, Cyprus and Lebanon -- are united then there is strategic potential. Greece is also looking for gas supplies south of the island of Crete.
The EU, which is also keen to reduce its gas dependence on Russia, is also eyeing gas reserves from EU-member Cyprus and close-partner Israel as an alternative. With the advancement of the EU Southern Gas Corridor through the Trans Adriatic Pipeline (TAP) and Interconnectors, gas from the Eastern Mediterranean could find its way to European markets.
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ECB in Greece amid talk of third bailout
The European Central Bank is checking up on how well Greece is meeting its international bailout obligations today, a day after Germany's finance minister said a third aid programme would be needed to keep Athens afloat.
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| READ THE ORIGINAL POST AT www.independent.co.uk |
Europe can't take four more years of Angela Merkel's Thatcherism
The privatisation of public assets across the continent is destroying the European social model. Die Linke would protect it
The EU remains mired in the biggest economic mess since its foundation and the response to it has been nothing short of a catastrophe. Angela Merkel has spearheaded a disastrous re-enactment by EU leaders of the structural adjustment and austerity policies imposed on developing countries in the 1980s and 1990s – policies that discredited the IMF and the World Bank. Today, austerity and the large-scale transfer of public assets to the private sector are inciting widespread disenchantment with the entire European project.
Next month's elections in Germany will be crucial for the future of the whole EU. Europe, under the unmerciful influence of Merkel and her government, is treading a dangerous path as intensified deregulation and the privatisation of public assets (industries, infrastructure and utilities) across the continent are demolishing key elements of the social model and challenging the notion of the common good itself.
This has been chiefly apparent in countries such as Greece and Portugal, where bailouts are pushing towards the privatisation of services such as water provision. Privatisation's apostles claim that selling public assets stimulates the market competition that prevents monopolies from fixing prices, benefiting both state coffers and consumers. What we have seen instead are higher costs, increased inefficiencies, service deterioration and redundancies.
Angela Merkel vision is of a Europe of shrivelled public ownership and a minimal welfare state. The overarching conception of European integration here is competition among member states for the lowest wages, pensions and benefits. There can thus be little doubt about what is in store for all Europeans if the current German government is not thrown out in September.
The crisis has led to immense pressure from the German government on bailout countries to sell off pubic bodies. As state assets are bought up at low crisis prices and banks involved in reckless lending have been bailed out at taxpayers' expense, the shift from public to private that has taken place in Europe constitutes an attack on democratic governance and the sense of social solidarity and community that healthy democracies require. The next round of this everything-must-go clearance over the coming months is set to include a chunk of the Madrid region's hospitals and health centres, the Greek national gas company, Slovenia's main telecoms provider and Cyprus's national electricity outfit.
British people are all too familiar with the consequences of fanatical neoliberalism. Hypocritically, right now with re-election in mind, the chancellor tends to refuse to impose on Germans what she is pushing on other countries. But, with the risk of four more years of Merkel at the helm, Thatcherism on a continental scale – Germany included – is a serious threat.
But the European left has learned a lot from British experience. Today, the importance of common goods is gaining traction as a key concept as people react with smart, controlled anger to the selling off of efficient and profitable public agencies while financial sector losses are socialised. Against this theft of public property, local initiatives have been springing up and often halting the privatisation of municipal utilities such as water services and hospitals. Water provision is being put back under local administration control in Berlin and a return to public water services in other big European cities such as Paris has certainly helped progressives to put the costs and downsides of privatisation on the agenda in the current German federal electoral campaign.
Five years of crisis under Merkel's leadership have set the scene for an unprecedented and dangerous transfer of power from the public to the private sphere in Europe. The Left (Die Linke) in Germany, together with our allies throughout Europe, is advancing a vision of economic democracy, equality and sustainable growth in Europe. This includes campaigning for fair taxation systems, closing down tax havens, a financial sector at the service of society, a genuine education and investment plan to tackle youth unemployment, and an accountable European Central Bank.
Defeating current and future waves of privatisation must be at the heart of any efforts to re-establish the primacy of the citizen within a democratic Europe. This is how we can offer an alternative to Merkel's rotten vision for the future of the continent. Next month, the German electorate can strike a blow for all Europeans.
GermanyEuropean UnionEuropePrivatisationEconomic policyAusterityEconomicsGabi Zimmertheguardian.com © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds |
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Calatrava Gets Nod For St. Nicholas Design
St. Nicholas was the only church destroyed in the Sept. 11, 2001 terrorist attacks on New York City and it's taken more than a decade for its plans to be rebuilt to go ahead. NEW YORK - A Greek-American newspaper (The National Herald) earlier this year reported that Santiago Calatrava was the frontrunner to design the rebuilt Church of St. Nicholas downtown. The Post hears from multiple ...
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Greek Police Raid Athens University
Police forces on the morning of Aug. 21 poured into the National Technical University of Athens, closing off streets during the 6:25 a.m. raid. The police entered the university grounds without provocation and it is not yet known if the incursion was made after the request of the rector or the prosecutor. The operation ended just after 9 a.m. It is not yet clear whether it was related to ...
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