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Monday, October 28, 2013

Donation allows tanks and jet fighters to once again take part in Greek anniversary parade

For three years, Greece's financial crisis had prompted the country to cut back on its annual celebration of its entry into World War II in 1940.

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Donation allows full WWII parade in Greece

THESSALONIKI, Greece (AP) — For three years, Greece's financial crisis had prompted the country to cut back on its annual celebration of its entry into World War II in 1940.

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Greece says can't take any more austerity, will not be 'blackmailed'

By George Georgiopoulos ATHENS (Reuters) - Greece's president used an annual commemoration of the country's stand against fascism in World War Two on Monday to warn that Athens would not yield to pressure from foreign lenders to impose more austerity. The blunt comments by President Karolos Papoulias - a former World War II resistance fighter who holds a ceremonial but revered post - come as ...

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Health minister invites Greek doctors to work in Turkey

Hurriyet Daily NewsHealth minister invites Greek doctors to work in TurkeyHurriyet Daily NewsTurkey is ready to welcome Greek doctors who are reportedly seeking jobs abroad, Health Minister Mehmet Müezzinoğlu said Oct. 27. “Some 7,000 doctors in Greece are seeking jobs abroad. And we need them. [Turkey's] doors are open to Greece's 7,000 ...Minister invites Greek doctors to serve in Turkeywww.worldbulletin.netall 2 news articles »

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Alabama Greek chapters get lawyer as Tuscaloosa election contest heads to trial

Tuscaloosa attorney Robert Prince filed paperwork last week on behalf of fraternities Pi Kappa Alpha and Sigma Alpha Epsilon; sororities Zeta Tau Alpha, Kappa Delta ... toward University of Alabama students, with questions asking which address University ...

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Is this Ben Needham today? Greek police to carry out DNA tests on 22-year-old Roma man after claims he was kidnapped as a toddler

This young man could be missing Brit Ben Needham ... The case bears strong links to the tale of little 'Maria', the four-year-old blonde girl who was found living with Romas Greece this month, after allegedly being 'trafficked'.

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Greek Exports on the Wane (-2.6%) Without Fuel

Greek exports posted a 5.4% rise in the first eight months of the year compared with the same period in 2012, according to a report by the Panhellenic Exporters’ Association (PSE) and the Center for Exports Research and Studies. However, if fuel products are excluded, the figure becomes a drop of 2.6%. In the year […]

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Convalescent eurozone seeks to escape debt overhang

As the eurozone's weakest members crawl out of their longest recession in modern history, their prospects of recovery are weighed down by a crushing mountain of debt far heavier than before four years of financial crisis. Italy, Greece, Ireland and Portug... ...

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Greece marks national holiday with parades, messages of confidence over economic crisis, against neo-fascism

Since the start of the financial crisis, Greece is kept afloat with international rescue loans in exchange of harsh austerity and reform policies which have fuelled unemployment, recession and protests. As a new audit by European Union and ...

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66 Bulgarian Children Trafficked in 2012 Greece Hot Destination

The cases of child trafficking from Bulgaria for 2012 are 66, according to the Nadja Centre Foundation. Up until recently, it has been fairly easy to sell a baby in Greece, since it could be registered several months after its birth, revealed Dr. Rusanka Venelinova, head of the centre, in front of TV7. She added that girls sell for about EUR 10 K, while the price for boys often goes above that. ...

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Marseilles, A Greek Profile to be screened

A film about the quest for identity, tracing roots and the yearning for a lost paradise. Please note there will be no screenings during the Sydney Greek Film Festival. Next screening will be on 27 November. When: Wednesday 30 October at 8.00 pm Where ...

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Turkish Islamic scholar's book ‘Love and Tolerance' translated into Greek

The book, which was published by Sideris Publishing House a month ago, marks the first book by Gülen ... a work by such a globally reputed intellectual, said Greek readers' interest to the book has been high although it hasn't been long since it was ...

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Greece: "Ochi Day" parades in Athens and Thessaloniki today

Piraeus and Thessaloniki will be closed on Monday as parades by students and the military take place to commemorate the anniversary of the rejection by Greek Prime Minister Ioannis Metaxas of the ultimatum made by Italian dictator Benito Mussolini on ...

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The Dubai Economy Is Going Nuts, And There's A Surprising New Factor Fueling The Boom

Here's a fascinating nugget from SocGen strategist Kit Juckes, who just spent some time in Dubai.

In the spring of 2010, I managed to get stuck in Dubai thanks to  an Icelandic volcano. Dubai World had re-structured its debt, hitting financial markets at the end of November 2009, just days before similar concerns emerged about Greece's finances. That prompted the euro to fall from $1.50 to $1.20 in a matter of months.                                                                                

This week, as I wandered around the region, I read reports of a 16% y/y increase in rents in Doha, an even bigger annual increase in footfall in Dubai shopping malls, and stories of booming real estate everywhere. It's not a bubble, it's a boom, the papers tell us. At first glance, my assumption was that this was Ben's mad monetary policy at work again as fixed exchange rates and zero Fed Funds, not to mention QE, do their thing. Here we go again, I thought. But there is an additional driver of demand that didn't exist in the mad credit frenzy of 2003-2008 - the influx of money and people that has come as a result of the Arab Spring. The rich are either sending their money to the Gulf, or sending themselves there too. It isn't easy to quantify but the planes are full, the hotels are booming and the anecdotal evidence is plain to see.

This is one of the funny effects of global crises: They can produce bubbles in safe haven countries.

We've seen it in London and Germany, as European peripheral money sought out stable alternatives.

And now it's being seen again as the rich citizens of troubled Arab Spring nations snap up property in the one area that's shown impressive stability and resilience.

Join the conversation about this story »

    

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Want to Double Your Savings? Try Lending to Greece Mid-Crisis

While the rest of the world was fleeing from Greek debt like the plague, a few fund managers in Athens snatched it up on the cheap. This year they emerged from their white-knuckled ride through the Euro crisis with returns in excess of 100 percent. According to the Wall Street Journal, the three most lucrative bond-funds on earth all placed bets on Greek government bonds. The secret to their steely resolve? They didn’t have much of a choice. The funds had a clientele of mostly Greek pensioners and a mandate to park a chunk of their funds in Greek bonds. Turns out to have been a winning bet, even if their hands were forced. [WSJ]

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Maria's mom: 'I want my child back'

"I kissed her, I was crying... my heart was breaking." The Bulgarian mother of Maria, a little girl found at a Roma camp in Greece, tells CNN she didn't sell her.

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Rebecca Mead How Chobani’s Greek yogurt became an American snack food.

In 1996, Hamdi Ulukaya, a twenty-five-year-old student from Turkey, was attending language school in Troy, New York. He had left home for America two years earlier. One day, his father called and announced plans to visit. In anticipation, Ulukaya shopped for the foods that his father customarily ate for breakfast: bread, olives, and feta cheese. But the only cheese that Ulukaya could find in the ...

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Greek police to carry out DNA test on Roma man to see if he is missing Ben Needham

"We've never given up hope of finding Ben and we are encouraged that the police in Greece are continuing to investigate." The missing Briton would be 23-years-old now and Scotland Yard have released an image by a police artist of how he would look now.

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Greece vs. Romania World Cup 2014 Playoffs Predictions: How Each Team Made Playoffs

Another 1-0 road win over Liechtenstein ensued and Greece then took down Latvia 1-0 at home. Yet another 1-0 victory over Slovakia took place this past October before Greece capped its run with a 2-0 win over Liechtenstein. The team wound up ...

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Just Add Sugar

New YorkerJust Add SugarNew YorkerAnnals of Business. Just Add Sugar. How an immigrant from Turkey turned Greek yogurt into an American snack food. by Rebecca Mead November 4, 2013. Print; More. Share. Close. Reddit · Linked In · Email. Subscribers can read the full version of this ...

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Arsenal and Liverpool battling Dortmund for Greek star Kostas Mitroglou

Daily StarArsenal and Liverpool battling Dortmund for Greek star Kostas MitroglouDaily StarArsenal and Liverpool battling Dortmund for Greek star Kostas Mitroglou. ARSENAL, Liverpool and Borussia Dortmund are involved in a three-way fight for Olympiacos striking sensation Kostas Mitroglou. By Jack Wilson/ Published 27th October 2013.Liverpool and Arsenal rival Borussia Dortmund for Greek strikerGiveMeSportall 2 news articles »

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Greece Letter Whatever you are trying to say look to the Greeks for helping hand

I then explained that both parts of the word are Greek in origin - "tele" meaning "from afar" and "phone" meaning "sound": sound from afar, just as "telegraph" and "telescope" are words the Greeks have given us. But not ...

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Greece girl Maria's mum shamelessly looking to CASH IN on fame

The mysterious woman, she claims, then disappeared with her child. But authorities in Greece, where albino Maria was found living on a gypsy camp, believe Sasha sold her baby to child traffickers before going back to Bulgaria and her other children.

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Greek couple arrested for buying baby

Police in Athens have arrested a Greek couple suspected of having bought a Roma baby.

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Ultimatum in Greece

Greece was stating that their lines were unbroken. By looking at the heading you would assume that Greece was successful against the Italians yet the content of the article states that no one could confirm either way what was going on. The reporting again ...

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