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Friday, November 1, 2013
Would-be sorority rallies support to lift ban at Dixie State
Deadly shooting outside Greek far-right’s office
Shooting kills 2 Golden Dawn members in Greece
Greek stock market hottest in the world
One in Three Women Victim of Domestic Violence
Aegean Airlines Adds 15 New Destinations
New Bill Imposes Tough Penalties on Racism
Karchimakis: Instigating Act of Infringement of State Secrets
Nutriat-Katselis Declares Bankruptcy
Maria Callas’ House in Need of Repair
Shooting At Golden Dawn Office, Two Dead
AUEB Among Top Business Schools in the World
Schulz: Apologizing is Not Enough
Mutu and Pantilimon dropped by Romania for Greece playoff
Greek government unveils plans to toughen anti-racism laws, outlaw Holocaust denial
Greek police: 2 men shot, believed dead outside Athens office of Nazi-inspired party
Greek police: 2 shot near Golden Dawn office
At least two killed in shooting outside Athens Golden Dawn office
Greece film festival caps 20-year promotion of Balkan cinema
Police seek perpetrator of fatal stabbing in Mesolongi
Gov't aims to raise 1 billion euros by issuing T-bills next Tuesday
Greek manufacturing activity shrinks faster in October, survey shows
Minister heralds crackdown on racist violence in Greek schools
Committee imposes 800,000 euros in fines for pre-election violations in 2010
Greek restaurant Funky Gourmet ranks in world's top 10
Bonhams Sale Honors Greek Heroism
Greek Festival of Corpus Christi to celebrate 50 years of fun, food, friendship
Christmas Customs in Greece
Annual Greek festival kicks off Friday
The History of Greece
The new Saint Nicholas Church
10000 possible clues after mystery blonde girl found in Greece
AGORA Which Party Should You Vote for in 2014
Greece Tries to Rein in Fake Goods Sellers
Departing Sophianou Showed The Flag for Cyprus
Can Young Entrepreneurs Save Greece Yet
Suddenly Greek Stocks Are Hot Investment
Famous Patisserie in Thessaloniki Goes Bankrupt
Athens Refutes Information about Troika’s Visit
Hybrid Solar Eclipse Visible in Greece
Farmers vs. Homeowners On Property Tax
And That Makes Three: Greece Gets Another Market Demotion
Ron the Greek Scratched From North America’s Richest Horse Race
Church plans scaled-back and food-focused Greek fest
Man cleared for helping households get power back
Stocks enjoy best month since 2010
Troika expected in Athens early next week, gov't says
Aris, Xanthi and Veria suffer Cup upsets
Business regulation: Reform school
REFORM is a universal medicine urged upon struggling economies by liberal institutions (even The Economist has been known to prescribe it on occasion). When a country has been messed up long enough, reform becomes “much needed”. Reform means many things, of course, from cutting budget deficits to improving education. But a big part of it concerns business regulation, which reflects how much a country encourages companies and how much microeconomic distortion there is to economic activity. Such regulation is also measurable across boundaries, so one country can be compared with another. So what does this year’s survey of global business regulation by the World Bank (“Doing Business 2014”) reveal about which countries most need “much needed reform”—and which might not?Italy and Greece are high on everyone’s list of places that need to change a lot, and the World Bank’s list confirms it. They come a lowly 65th and 72nd respectively, out of 189 countries. The same is true, more or less, of France (38th on the list) and Spain (52nd), two fellow euro-sufferers.Germany, on the other hand, might not be in such urgent need of change, to judge by this measure. It comes 21st on the World Bank’s list, immediately after the small Asian, Nordic and English-speaking countries that are always found at the top of the table. This puts Germany above such paragons of...
Business in Greece: Outrageous fortune
APOSTOLOS KAISIDIS is thankful that in 2008, after nearly half a century dealing in cars, his family firm moved out of Thessaloniki, Greece’s second-largest city, to a cheaper place 50km away, and started repairing vehicles as well as selling them. If it hadn’t, “we would probably be bankrupt now,” he says. In crisis-ridden Greece, companies have had to adapt to survive.Only about 50,000 new cars are expected to be bought in Greece this year, down from 220,000 in 2009, partly because loans are scarce. But with more ageing bangers on the roads, the repairs side of his business has been busy.Since April 2008 the number of businesses registered with IKA, Greece’s biggest social-security fund, has dropped by 119,000, or 38%. In such a brutal climate, businesses have had to do much more than just tighten their belts.Relocating is one popular survival strategy. Whereas Mr Kaisidis has moved his firm out to the sticks to cut costs, Anna Maria Mazaraki, the owner of nine jewellery shops in Athens, is taking advantage of weak commercial rents and moving some stores to more upmarket sites. That ensures higher footfall and gives customers the impression she must be doing well, she says.Others are moving their headquarters—but not necessarily their operations—out of Greece, to get access to cheaper funding. Last year Fage, the country’s leading purveyor of yogurt, and Coca-Cola...