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How the world sees Greece
Monday, August 26, 2013
Asmussen: Greece must press on with reforms
KathimeriniAsmussen: Greece must press on with reformsKathimeriniGreece can achieve a primary budget surplus this year and growth in 2014 if it sticks to economic reforms, but a return to bond markets will be challenging, European Central Bank Executive Board member Joerg Asmussen told Sunday's To Vima newspaper.
Greek bailout debate rolls on
Despite much talk of the need for yet another bailout, Greece’s finance minister remains relentlessly optimistic about his country’s economic recovery. In an interview on Monday, Yannis Stournaras said Athens could even start to test the waters by borrowing money again on the international debt markets as early as the second half of next year. He acknowledged that first it would ...
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Stournaras Says Greece Needs Better Deal
Greek Finance Minister Yannis Stournaras (R) here with German Finance Minister Wolfgang Schaeuble, says he's optimistic about Greece's economic recovery yet. Greece may seek to ease its debt burden by renegotiating its bailout terms, the Greek Finance Minister said on Aug. 26. Yannis Stournaras told German newspaper Handelsblatt this could involve lower interest payments and more time ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Tsochatzopoulos Blames PASOK Papandreou
Former Greek defense minister Akis Tsochatzopoulos, on trial for money-laundering and corruption charges, said that the charges against him came from "political and judicial centers of power" that are based on "desires from above" – and pointed the finger at former prime minister and previous PASOK Socialist leader George Papandreou. In his testimony Tsochatzopoulos ...
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Owner of Arsenal Speedboat Arrested
A 53-year-old man, a Turkish national, who was sought for by the authorities with an arrest warrant, concerning the case of a speedboat that was carrying an arsenal of weapons, appeared at the Counter-Terrorism Police Unit on Aug. 26 and was arrested. According to information, he is the owner of a grill house in Agios Dimitrios and allegedly gave the speedboat to the 51-year-old Greek man who ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Doctors Offered Vacations For Free Work
Greece’s Health Ministry reportedly is looking for doctors who want to take island vacations and will put them up with free accommodations if they work for free in small health units, centers and clinics. The idea was revealed by the Association of Resident Doctors of Evaggelismos Hospital who said that the offer is designed to bring medical care to islands as the government cuts back on ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Coming Soon Expired Foods
Beginning Sept. 1, Greek supermarkets, who are seeing sales plummet during a crushing economic crisis, will be allowed to sell expired food but must specially mark them so consumers are aware they are past the date by which they are fresh. The goods will be cheaper than when they were good. The Athens Chamber of Tradesmen put out an announcement that certain foods will not be allowed to be sold ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Samaras and Shipowners’ Privileges
The German newspaper Frankfurter Allgemeine Zeitung has detailed the cozy relationship that Greek shipowners have with the government which has made them largely tax-exempt although they have recently agreed to double some assessments they pay to 140 million euros ($187.15 million) a miniscule amount compared to their revenues. Greece’s shipping industry, the largest in the world, has ...
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Police in central Greece seek suspected robbers over vicious murder update
Police in Stylida, central Greece, are investigating the murder of a 57-year-old cafe owner in the area of Achinos on Sunday, in what is believed to be a robbery.Reports said the man was yesterday found dead in a pool of blood inside his cafe by relatives.The victim had been allegedly stabbed five times as well as punched and kicked in the face.A knife believed to have been used in the attack was ...
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Greece plans market return
Athens - Greek Prime Minister Antonis Samaras called on his government on Monday to speed up the rate of austerity reforms as the indebted country geared up to return to financial markets next ...
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Nepal and Greece enter the foreign-language Oscar race
Nepal and Greece enter the foreign-language Oscar raceHitFixWell, it won't be France's "Blue is the Warmest Color" (for eligibility reasons discussed here), but at least one lesbian-focused drama stands a chance at winning this year's Best Foreign Language Film Oscar. And it's from rather an unexpected country ...and more »
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Police: treasure hunters attack Greek monastery
ATHENS, Greece (AP) — Police have arrested three armed men who allegedly broke into a Greek monastery, tied up monks and planned to search for treasure with a mechanical digger.
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Police: 3 men arrested for attacking Greek monastery in search of treasure
Police have arrested three armed men who allegedly broke into a Greek monastery, tied up monks and planned to search for treasure with a mechanical digger.
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Panepirotics Blast Attacks On Albania Church
There was plenty of tension and commotion when a Greek Orthodox Church in Permet, Albania came under attack and as police kept away priests and the faithful from trying to defend it. Albania disregarded a complaint from Greece's government. The Panepirotic Federation of America (POA) said it strongly condemns what it called a brutal attack on a Greek Orthodox church in the city of Premet in ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
After 20 Years First MDonald’s in Thessaloniki Closes
Traditional souvlakia – tasty little skewers made with grilled chicken or pork meat, a staple of Greek cuisine – have won over fast food cuisine that hit the country over 30 years ago and was supposed to beat all rivals on the market. This is mainly due to the economic crisis which in the past five years has drastically reduced the spending power of the average Greek citizen. The ...
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Another 8099 Workers On Firing List
The Greek government has raised the number of public workers by 8,099 on a so-called mobility list of those who will see already-reduced pay cut to 75 percent for up to eight months and then fired if another job can’t be found. That makes it 12,500 on the list so far with another 12,500 set to be added next year as the government of Prime Minister and New Democracy Conservative party ...
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Fan ban could hinder PAOK against Schalke Katsouranis says
By Graham Wood PAOK Salonika midfielder Kostas Katsouranis fears the ban on supporters could hamper their chances of beating Schalke 04 in the second leg of their Champions League playoff on Tuesday.The Greek side have a chance of reaching the group stage of the competition for the first time after they drew the first leg 1-1 in Germany last week.The return, however, will be played behind closed ...
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Mikel Greek Answer To Starbuck’s
The Greek coffee company Mikel started to operate in Larisa of Greece in 2008 and now it owns 17 stores that are mostly located in Northern Greece. Within 2013 it is intended that Mikel will expand to operate 30 stores. Today, Mikel has 240 employees plus two franchise companies, namely MIKEL A.E and Georgia. The representative of Mikel, Christos Agnantis told GoodNews, ';People are ...
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Giant Cretan Dakos Claims Guinness Record
Cretans say they made the world’s biggest dakos – a local specialty – a giant work of 7.45 meters, mixing together vegetables with rusks for the treat that Greeks love, and claiming they set a Guinness World Record for the work presented the night of Aug. 25 in Chania. The dakos was done in the shape of the island and contained 160 kilos (352.74 pounds) of dough, 50 kilos ...
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Samaras Meets More Business Leaders
In his meeting with Ginni Rometty (Chairwoman and CEO of IBM, and the first woman to head the company) and Spyros Poulidas, Greek Prime Minister Antonis Samaras discussed the government's intention to gradually promote the country as Technology and Innovation Center for the wider geographical region. In order to do so, they agreed that the right skills need to be developed, attracting ...
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Greeks Use Net For Travel Tix
Greeks are increasingly turning toward using the Internet to buy travel tickets instead of going to agencies, according to the international online travel agency travelplanet24. Some 57 percent of the people who participated in the survey stated that they make their reservations of air tickets via the Internet. From the travelers who make their reservations on line, 31 percent chooses to make ...
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Olympiakos comes from behind to beat Atromitos 2-1
Javier Saviola scored the winner with a header in the 54th minute to give Olympiakos a 2-1 victory over visiting Atromitos in the Greek league Sunday.Stefano Napoleoni gave Atromitos the lead in the 47th and David Fuster equalized in the 51st for the defending champion.Olympiakos tops the standings with six points from two games, two points clear of Veria, Panionios, and Gianena.Also Sunday, ...
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Turkey Hints Halki Seminary Could Re-Open
(Photo/Reuters/Osman Orsal) The Greek Orthodox Seminary in Heybeliada Island near Istanbul which was closed by the Turkish government in 1971. Greece and the Diaspora have been lobbying for its re-opening. Turkey, which wants to join the EU, is signaling it may now relent. Justice Minister Sadullah Ergin has signaled that the Halki Greek Orthodox Seminary on Istanbul's Heybeliada Island ...
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Robert Pires spotted in stands at Greek match, invited to play second half, scores
While enjoying his unofficial retirement in the small town of Rafina on the Greek coast, 39-year-old Arsenal legend Robert Pires decided to attend a friendly between local side Storm Rafina and AO Mykonos. It obviously didn't take long for others at the ...
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Daphne's California Greek Voted Best Greek Restaurant in San Diego
CARLSBAD, Calif., Aug. 26, 2013 /PRNewswire/ -- With an inspired new menu featuring a blend of California and Greek flavors, Daphne's California Greek has again earned the right to call itself the Best ...
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| READ THE ORIGINAL POST AT ca.finance.yahoo.com |
Oscars: Greece Nominates 'Boy Eating the Bird's Food' in Foreign Language Category
LONDON – A bleak and edgy debut from Ektoras Lygizos is the Greek submission for the best foreign language film category at the 86th Academy Awards next year. Based on 1890 novel Hunger by the Norwegian Nobel Prize-winner and Nazi sympathizer ...
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| READ THE ORIGINAL POST AT www.hollywoodreporter.com |
Chobani keeps Greek yogurt craze alive with new flavors
As the Greek yogurt craze persists, Chobani, the leader in the Greek yogurt market, wants to keep customers interested in its products by providing new flavors to entice the palate.
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Global currency wars and the Eurozone; A Greek 'glimpse' on the crisis issue
Global currency wars and the Eurozone; A Greek 'glimpse' on the crisis issueFXstreet.comLet's start from the basics. There are no bombs exploding; guns shooting can only be found in TV series and we do not mourn any victims; sirens are silent. Yet, despite the fact that no physical war takes place among western, developed countries, still ...and more »
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Greece minister: We may need EUR10B
Greece may need to tap its eurozone partners for an extra 10 billion euros [$13 billion] in funding as it faces up to a cash shortfall, the country's finance minister Yannis Stournaras has said.
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| READ THE ORIGINAL POST AT edition.cnn.com |
Greek festival draws 'best crowds in many years'
For Manteno's Joan Klein, it's the Greek family reunion she won't miss. Even if it's not all family there, and even if she's not Greek. Klein and her husband, Ralph, have made attending the annual Annunciation Greek Orthodox Church picnic in Kankakee year ...
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Greek minister: Country may need extra 10 billion euros
(CNN)-- Greece may need to tap its eurozone partners for an extra 10 billion euros in funding as it faces up to a cash shortfall, the country's finance minister has said. Yannis Stournaras said "if Greece needs additional support that will be of ...
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| READ THE ORIGINAL POST AT edition.cnn.com |
Greece on Track for More Aid, Official Says
BBC NewsGreece on Track for More Aid, Official SaysNew York TimesBERLIN — The highest-ranking German in the European Central Bank said Monday that Greece could be eligible for additional aid and debt relief next year if it continued to fulfill promises made for the assistance it was already receiving. The German ...Greece 'may renegotiate rescue loans'BBC NewsGreece could return to debt market in late 2014, Stournaras saysReutersGreece might need another bailout – Greek FMRT (blog)Daily Mail -Kathimerini -Telegraph.co.ukall 89 news articles »
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Thousands attend 50th annual Greek Fest
Volunteers sold more than 1,200 pounds of gyro meet at the 50th annual Greek Festival held over the weekend at Anargyroi Greek Orthodox Church.
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Schaeuble Was Ired By Haircut Talk
German Finance Minister Wolfgang Schaeuble, who sparked a fury of debate last week when he said Greece would need a third bailout package said he was motivated by irritation over constant talk Greece would have to impose losses on its international lenders to give them a so-called ';haircut.'; "The debate that there will be a new debt cut was dangerous" as it could have ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greece 'may renegotiate rescue loans'
BBC NewsGreece 'may renegotiate rescue loans'BBC NewsGreece may seek to ease its debt burden by renegotiating its bailout terms, the Greek finance minister said on Monday. Yannis Stournaras told German newspaper Handelsblatt this could involve lower interest payments and more time to repay 240bn euros ...Greece might need another bailout – Greek FMRT (blog)Merkel tries to reassure nervous German voters over GreeceReutersWhen will it end? Greece says it wants ANOTHER £8billion to stay afloat - but ...Daily MailKathimerini -Telegraph.co.uk -Financial Postall 85 news articles »
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Greece 'may renegotiate bailout'
Greece may seek ease its debt burden by renegotiating repayment of its bailout loans, the Greek finance minister tells a German newspaper.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Athens: No haircut and probably no new bailout needed
Greece's Finance Minister has said any talk about the need for another debt haircut in his country was unfounded. He went as far as to say that with a bit of adapting Athens might even do without another bailout.
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Stournaras Says No Haircut For Greece
Greek Finance Minister Yiannis Stournaras Greek Finance Minister Yannis Stournaras, who has been relentlessly upbeat about what he believes will be a more rapid recovery for the Greek economy than do most analysts, said he envisions the country even being able to borrow from the markets again at the end of 2014 when its $325 billion double-barred bailouts from international lenders runs out. In ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Rheinmetall, Atlas Probed for Bribing Greek Officials
Ferrostaal GmbH was fined 140 million euros ($187 million) as part of a settlement in 2011 over bribes to officials in Greece and Portugal to win submarine orders. The allegations in the Bremen probe overlap with events that were part of the ...
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Zinga Customers Like Frozen Greek Yogurt
With Greek yogurt now a full-blown nutritional food phenomenon, operators of Zinga Frozen Yogurt stores are seeing more and more demand for Greek frozen yogurt flavors. Virginia Zinga franchisee Dave Baer says Greek frozen yogurt flavors are in the top third in sales of the dozens of flavors he offers at his stores in Northern Virginia. "Due to the popularity of offering a Greek flavor every ...
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Idaho Greek Church Festival Brings Crowds
(Photo/Greg Eichelberger) Salt Lake City folk dancer Mary Papadakis met with Deacon Seraphin Johns at the the Assumption Greek Orthodox Church's annual festival in Pocatello. POCATELLO, Idaho -- The term "It's Greek to me" takes on a whole new meaning each August when the Assumption Greek Orthodox Church holds its annual festival to not only raise funds for the entity but also ...
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Merkel Declines to Rule out Greek Debt Cut
"I would explicitly warn against a debt cut," she told news magazine Focus in an interview published on ... That would mean that for the first time in the euro crisis, German taxpayer money would be irretrievably lost. With Germany in the middle of an ...
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| READ THE ORIGINAL POST AT www.spiegel.de |
Greek premier calls for faster reforms
The Greek economy is in its sixth year of recession due to fiscal mismanagement resulting in tax rises and spending cuts. Greece’s jobless rate stands at over 27 percent, which is more than double the eurozone’s average reading of 12.1 percent ...
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Cafe owner murdered in Stylida
Police in Stylida, central Greece, were investigating the murder of a 57-year-old cafeteria owner at his home in the area of Achinos on Sunday.According to reports the victim had been stabbed five times as well as punched and kicked in the face.Local authorities believe the motive behind the attack to be ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Debt-cut talk led him to make Greek aid comment says Schaeuble
German Finance Minister Wolfgang Schaeuble said remarks that Greece would need another debt cut prompted him to say last week that the cash-strapped country will receive another aid ...
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What To Eat Now: authentic Greek yoghurt
In his weekly food and nutrition column separating fad from fiction, expert nutritionist Ian Marber states the plain and simple truth of Greek yoghurt.
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| READ THE ORIGINAL POST AT fashion.telegraph.co.uk |
Talk of new bailout hardens Greek opposition
Talk of new bailout hardens Greek oppositionEurActivAlexis Tsipras, the leader of the Greek leftist Syriza party, said talk of a possible third bailout for Athens was a signal that the government had failed and that new elections were needed, EurActiv Greece reports. German finance minister Wolfgang ...and more »
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Greece could return to debt market in late 2014
BERLIN (Reuters) - Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the first half of next year and manages a primary surplus, its finance ...
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Financial struggles impact local Greek Orthodox worship
Financial struggles impact local Greek Orthodox worshipDeseret NewsSome 500-600 members of the Greek Orthodox Church packed the multi-purpose center at the Prophet Elias Greek Orthodox Church Sunday to participate in a special parish assembly during which the church's desperate financial situation was discussed.Fr John celebrates 50 years of priesthoodNeos Kosmosall 2 news articles »
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Greece is the world for Bendigo art
Victorian Premier Denis Napthine Denis Napthine speaks with Bendigo Art Gallery Director Karen Quinlan about the next big exhibition for 2014, The Body Beautiful in Ancient Greece. A rare exhibition, never before seen in the southern hemisphere, will be ...
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