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| READ THE ORIGINAL POST AT finance.yahoo.com |
How the world sees Greece
Thursday, November 7, 2013
Greece's PPC threatens to ditch top client Aluminium in price row
Greece's dominant electricity producer PPC threatened on Thursday to ditch its biggest customer, Aluminium SA, upping the ante in a five-year row between the two firms over power supply prices. The dispute, which threatens to disrupt production at Aluminium, southeast Europe's biggest aluminum smelter, is emblematic of the confused state of Greece's power market, one of the problems Athens needs ...
Former Greek minister 'evaded taxes'
Greek ReporterFormer Greek minister 'evaded taxes'Financial TimesThe former finance minister who steered Greece into the eurozone in 2000 faces possible charges of tax evasion involving his wife's Swiss bank account following an investigation carried out by the Greek financial police at the request of an Athens ...Tax Evasion Charges for Former Greek Minister and his WifeGreek Reporterall 3 news articles »
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| READ THE ORIGINAL POST AT www.ft.com |
Greek Crisis: New Government Backed Channel Goes On Air
The Greek government has launched Greek Public Television (EDT), a temporary replacement network to take over from the Hellenic Broadcasting Corporation, or ERT, which Athens shut down last month, citing budget concerns. The new network ...
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| READ THE ORIGINAL POST AT www.hollywoodreporter.com |
Greek police storm closed TV station
Police enter the office of broadcaster ERT and remove ex-employees who have been occupying it since the station was closed in June.
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| READ THE ORIGINAL POST AT edition.cnn.com |
Sorry, Venezuela haters: this economy is not the Greece of Latin America
The GuardianSorry, Venezuela haters: this economy is not the Greece of Latin AmericaThe GuardianBut they are not the kind suffered by Greece or Spain, trapped in an arrangement in which macroeconomic policy is determined by people who have objectives that conflict with the country's economic recovery. Venezuela has sufficient reserves and foreign ...and more »
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greek public broadcaster HQs blocked by riot police
(48 mins ago) Greek riot police blocked all entrances of the occupied headquarters of former public broadcaster ERT, in a northern Athens suburb, early on Thursday, an AFP correspondent at the scene reported. Former ERT employee Nikos Tsimbidas confirmed to AFP that he had been arrested, while local media and blogs reported that police, accompanied by a prosecutor, demanded the evacuation of ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Police evict journalists from former Greek state TV offices
ERT . Four people were briefly detained before being released. The overnight raid, which involved scuffles and the use of tear gas, was to end an occupation by hundreds of sacked journalists who refused to leave ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
ERT occupiers evicted by Greek police
Greek riot police cordon off the area outside the entrance to the former state TV station ERT after security forces stormed the building on Thursday. The action was taken to evict dozens of protesters who have occupied the building since June, when the government abruptly shut the broadcaster. Since the closure, former employees have been using the equipment in the building to broadcast over the ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greek Ex-PM’s Don’t Back Digital TV Licenses
A day before Greek riot police stormed the headquarters of the country’s former national broadcaster ERT to oust fired workers still occupying the premises and broadcasting pirate signals, the Parliament has given the okay for the country’s private stations to keep operating unlawfully until the government gets around to giving them licenses. The bill got the vote of only 154 of the ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Protesters evicted from Greek building
Athens - Greek riot police stormed the building of former state television ERT on Thursday and evicted dozens of protesters occupying it since June when the government abruptly shut the broadcaster, police officials ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Opposition parties slam government over ERT raid
Greek opposition parties on Thursday slammed a government decision to remove the remaining ex-ERT employees from the state broadcaster's headquarters.SYRIZA MP Zoe Konstantopoulou was among a group of leftist deputies who attempted to enter the premises in the northern Athens suburb of Aghia Paraskevi early on Thursday, a few hours after police stormed into the ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greek police remove 50 ERT protesters from occupied building in pre-dawn raid
Greek riot police have ended a near five-month protest by sacked employees at the now defunct ERT state broadcaster by forcibly removing people who were occupying the ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Former PASOK minister could face tax evasion taxes
Former Defense Minister Yiannos Papantoniou and his wife, Stavroula Kourakou, could face charges for allegedly evading 3 million euros in taxes between 2000 and 2010, according to reportsThe Financial Crimes Squad (SDOE) has been investigating their assets after Kourakou appeared on the so-called Lagarde list, which contained the names of some 2,000 Greeks with deposits at a Geneva branch of ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Police Raid Occupied Greek Public Broadcaster Building
Riot police have headquarters of the country's former state broadcaster, ERT, forcibly removing dozens of staff and arresting several. Police formed a cordon round the building in Athens, before going from room to room to evacuate protesters. Officers fired tear gas to disperse some 200 protesters who had gathered outside the building but demonstrators regrouped after the police's ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
OECD Survey Shows Greeks Unhappy Lot
It's a dog's life for many Greeks as austerity measures have pushed 20 percent of them into poverty and put nearly 1.4 million people in growing unemployment lines. The average Greek household has been affected considerably by the financial crisis, according to the well-being report published by the Organization for Economic Cooperation and Development (OECD). The report found that from ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greece wrong to exclude same-sex couples from civil unions European Court of Human Rights rules
In a ruling issued Thursday, the European Court of Human Rights said that Greece's exclusion of same-sex couples ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
From Food Truck to Greek Restaurant
(Photo/Emily Moseley) Athenian Grill owner and chef Ilias Pappas. LEXINGTON, Ky. - Ilias Pappas always thought he might open a restaurant, but he never made a specific plan to do it. Yet, with the reception of a popular food stand, a passion for authentic Greek food and support from the local community, the pieces all fell into place. In mid-October, Pappas officially opened the doors to the ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
ECB in surprise rate cut anger in Greece over ERT raid
GMT While the ECB press conference was taking place, protesters were holding a rally in Athens. Hundreds of people demonstrated against the decision to sent riot police into the headquarters of the former Greek Public Broadcaster (ERT). Here's some ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
SYRIZA calls for vote of no confidence in Greek government
The head of the main leftist opposition SYRIZA, Alexis Tsipras, submitted a censure motion to Parliament on Thursday, responding to a police raid on the ERT headquarters, paving the way for a no confidence vote in the government.The three-day debate will start on Friday at noon and conclude at midnight on Sunday with the vote.Speaking in Parliament, Tsipras said the government had "no ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
Robin Hood journalists evicted by Greek riot cops
By Alexander Smith, NBC News contributor Riot police stormed the headquarters of Greece’s former state broadcaster early Thursday and evicted dozens of journalists who have been working for free since the station was closed by the government almost five months ago.The country’s coalition shuttered the state-run broadcaster ERT in June because it said it cost too much to run during ...
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| READ THE ORIGINAL POST AT www.greekherald.com |
ERT Workers Caught Asleep By Police Raid
The order by Greek Prime Minister Antonis Samaras, the New Democracy Conservative party leader who convinced his coalition partner, PASOK Socialist chief Evangelos Venizelos to drop his objections to a Nov. 7 dawn riot police raid to oust former workers at the closed national broadcaster ERT from their headquarters has set off anger from the […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
University Conflicts Taken to Court
According to the newspaper “Proto Thema,” Konstantinos Arvanitopoulos, the Greek Minster of Education has taken the issue of closed universities to court. Nearly a week ago, Arvanitopoulos, gave an ultimatum to the rectors of the National Technical University of Athens (NTUA) and the University of Athens (UOA) to open the institutions, so that the academic […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Foreign Media Reports on ERT Intervention
Early this morning, international news agencies began to broadcast the police operation in ERT. The police operation took place just after 4 o’clock in the morning local time, when few of the former employees were in the building. Here are various reports from foreign media: The conservative government suddenly shut down ERT on June 11, […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
They Fell in Love in China and Getting Married in Crete
Weddings are among the most memorable events in life, and Greece is one of the top wedding destinations in the world. The view of the sea, the sandy beaches, the food, the weather, the scenery and the people, make Greek wedding destinations among the most sought-after in the world. The Chinese are very keen on […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
12-year-old Dead by Shotgun in Larissa
A tragedy involving a 12-year-old victim took place late on the evening of November 6, in the municipality of Nikaia, in the Larissa regional unit in Thessaly, Greece. A 12-year-old boy was fatally wounded while he and his 14-year-old brother were “playing” with their father’s hunting rifle. According to the Greek newspaper “Eleftheria,” the two […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
SYRIZA Tries Censure Over ERT Raid
Greece’s major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras filed a motion of censure on Nov. 7 in Parliament asking the members – a majority of whom are controlled by the government – to reprimand their own administration for a pre-dawn riot police raid that ousted former workers at the closed […]
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Greece riot police storm former state broadcaster’s building
Riot police stormed the building of Greece’s former state television organisation early on Thursday, evicting dozens of sacked staff members who set up an internet broadcasting operation from a news studio after the station was shut down in June.
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| READ THE ORIGINAL POST AT www.ft.com |
Greek riot police end occupation of state TV offices
Greek riot police end occupation of state TV officeseuronewsGreek riot police have stormed the former headquarters of the state broadcaster ERT. Four people were briefly detained before being released. The overnight raid, which involved scuffles and the use of tear gas, was to end an occupation by hundreds of ...
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| READ THE ORIGINAL POST AT www.euronews.com |
Greece's 'Robin Hood' journalists raided by riot police after working months ...
NBCNews.com (blog)Greece's 'Robin Hood' journalists raided by riot police after working months ...NBCNews.com (blog)Riot police stormed the headquarters of Greece's former state broadcaster early Thursday and evicted dozens of journalists who have been working for free since the station was closed by the government almost five months ago. The country's coalition ...Greece: Riot Police In Broadcaster RaidSky NewsGreece riot police storm former state broadcaster's buildingFinancial TimesPolice evict protesters from former state TV buildingFRANCE 24MiamiHerald.com -BBC Newsall 67 news articles »
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Greek Police Clear Protesters From Shuttered Radio Station
Greek riot police on Thursday raided the headquarters of a public broadcaster occupied by former employees since the organization was shut down in June amid budget cuts. Police removed about 50 former employees and other occupiers early Thursday ...
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| READ THE ORIGINAL POST AT world.time.com |
Greek riot police raid former state broadcaster’s HQ, end journalists’ sit-in
Greek riot police have stormed the Athens headquarters of the former state TV broadcaster ERT, and evicted a few dozen of sacked journalists who had occupied the building since June in protest against the closure of the organization. Riot police ...
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| READ THE ORIGINAL POST AT rt.com |
Greece: European Court win for gays over civil partnerships
Gay rights campaigners in Greece have welcomed a decision by a European court condemning the country for failing to include same-sex couples in 2008 legislation that introduced civil partnerships.
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Greece looks to appeal beyond beaches
Greece is hoping to extend its tourist season past the summer beach holiday as it starts to recover from its recession. The number of British tourists heading to Greece in the first eight months of the year is up 11% compared to last year, but the country ...
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| READ THE ORIGINAL POST AT www.traveldailymedia.com |
Greece: Tens of Thousands of Workers Protest Against the Troika
As EU and IMF officials travelled to Athens for new talks on austerity measures, thousands of workers marched against mass layoffs, tax increases and cuts in social spending. A 24-hour strike yesterday paralysed much of the country. The two major trade ...
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| READ THE ORIGINAL POST AT www.globalresearch.ca |
Ireland Is About To Become The First Euro Zone Country Out Of The Bailout
DUBLIN (Reuters) - Three years after going cap in hand to international lenders for a bail out, Ireland is set to step out on its own again.
The European Union and International Monetary Fund are due to sign off later on Thursday on the last part of a 85 billion euro ($114 billion) bailout, leaving Ireland to exit the process by the end of the year, the first crisis-hit euro zone country to do so.
Debts resulting from a rescue of its crashing bank sector in 2008 helped force Ireland into seeking aid from its EU partners and the European Union two years later as the euro zone's debt crisis deepened.
The official "troika" of lenders - the European Commission, European Central Bank and IMF - are conducting their final review of the bailout and given Ireland has met every major target, are widely expected to release the final funds.
They are expected to release statements after about 1200 GMT (7:00 EDT).
The main issue remaining is whether the government will take out an insurance policy of asking for a precautionary credit line when the bailout ends. It has indicated in recent weeks it may go it alone as it has funding into 2015.
"The assessment of the European Commission, the ECB and the IMF is largely positive, though they remain wary of unresolved problems in the banking sector," said Dermot O'Leary, economist at Goodbody stockbrokers.
The process may also be complicated by German efforts to form a new government given that Berlin is one of the main contributors to aid programs.
The country of 4.6 million has endured five years of austerity with little of the unrest that has rocked Greece and Spain and is now a much-needed success story for the EU, which wants to show that the discipline of tax hikes and spending cuts can work.
Irish debt yields have dropped from a 2011 peak of 15 percent to about 3.5 percent and the budget deficit has fallen from nearly a third of gross domestic product in 2010 to an estimated 7.3 percent this year.
That is still the highest deficit-to-GDP in the EU, partly because Ireland's economy is barely growing and it needs growth rates of 2-3 percent to make hefty national debt sustainable.
Unemployment, though falling, is above 13 percent and one in five home loans, worth 25 billion euros, are not being fully repaid. So all is not fixed.
The improvements have been enough to gain the government some market access, highlighted by a 10-year bond issue in March, but forgoing a precautionary line could leave it vulnerable to future market shocks and unable to access the ECB's government bond purchases scheme.
Concerns also persist over the health of Ireland's banks and the lenders are reviewing the quality of their assets - an exercise conducted in advance of full Europe-wide stress tests next year - before giving the final all clear to exit the bailout.
But finances and commitment have improved enough to lift Ireland to the brink of an exit.
"In Ireland, consumer confidence has improved and the (building supplies) and DIY markets have stabilized at very low levels of activity," said Gavin Slark, chief executive of supplies group Grafton
(Editing by Jeremy Gaunt)
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Greek riot police storm former state TV
Dozens of sacked staff members who set up an internet broadcasting operation from a news studio after the station was shut down are evicted
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| READ THE ORIGINAL POST AT www.ft.com |
AUDIO: Closed Greek broadcaster 'will carry on'
Nikos Korovelas, a former ERT journalist, explains why he will carry on broadcasting.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Police raid ex-state-run Greek broadcaster's office, roust occupiers
ATHENS, Greece, Nov. 7 (UPI) -- Greek police stormed the headquarters of ERT Thursday, rousting staffers occupying the former state broadcaster's offices since it was closed abruptly in June.
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Greek police end TV staff demo
They continued to produce unauthorised broadcasts online, including airing news reports and documentaries. These ended today although regional former ERT branches were still broadcasting their own unauthorised programmes. "The broadcasting complex had been ...
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Greek ports to suffer from Mideast strife
KathimeriniGreek ports to suffer from Mideast strifeKathimeriniThe situation in countries such as Egypt and Syria has discouraged the major international cruise operators from strengthening their schedules in the region for next year, according to Bras, who is also vice president of the Greek Ports Association ...and more »
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Riot Police Raid Greek Public Broadcaster's HQ in Athens to Evict ERT ...
Greek ReporterRiot Police Raid Greek Public Broadcaster's HQ in Athens to Evict ERT ...Greek ReporterA sudden operation to evacuate the Greek National Broadcaster's (ERT) headquarters was carried out by Greek riot police Thursday morning in Athens, Greece. Greek riot police forces, accompanied by a public prosecutor, gathered around the ERT building ...
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Greek police storm defunct broadcaster office
Press TVGreek police storm defunct broadcaster officePress TVGreek Prime Minister Antonis Samaras announced the closure of the ERT in an effort to keep Greece's foreign creditors satisfied that the country had been fulfilling its debt restructuring and bailout commitments. Athens defended the ERT shutdown ...
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Riot police launch early morning raid on occupied Greek broadcaster
Riot police launch early morning raid on occupied Greek broadcastereuronewsGreek riot police have raided the headquarters of ERT, the occupied public broadcaster which was officially closed by the government in June. The police operation began at around 4am local time, when witnesses said six riot police vans stationed ...and more »
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University Politics Barillari: Greek-minded SA leadership could prove ...
SU The Daily Orange (subscription)University Politics Barillari: Greek-minded SA leadership could prove ...SU The Daily Orange (subscription)The Student Association presidential race has gone greek. Next week, Syracuse University students will select their preferred president and vice presidential duo to lead SA starting in 2014. But regardless of which team is chosen, at least a single ...
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Greece: Riot Police In Broadcaster Raid
Greek ReporterGreece: Riot Police In Broadcaster RaidSky NewsERT was shut down in June when the government sacked the network's 2,700 staff as part of cost-cutting measures linked to Greece's €240bn (£202bn) bailout programme. Government spokesman Simos Kedikoglou said the eviction was "legal" and that a ...Greece riot police storm former state broadcaster's buildingFinancial TimesPolice evict protesters from former state TV buildingFRANCE 24Greek police oust workers from ex-broadcasterMiamiHerald.comBBC News -Greek Reporterall 71 news articles »
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Is Puerto Rico the next Greece? Nest eggs could suffer
Is Puerto Rico the next Greece? Nest eggs could sufferUSA TODAYSAN JUAN — When Alejandro García Padilla took office as governor of Puerto Rico in January, he quickly realized just how far the island had sunk. The unemployment rate of 14.6% exceeded that of any U.S. state. Public worker pensions were strangling ...and more »
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Greek OTE Q3 sales drop slows, profit soars on sale of Bulgarian unit
"We achieved another solid set of results in the third quarter, with the smallest drop in group revenues since the beginning of the current round of Mobile Termination Rate (MTR) cuts," its Chief Executive Officer Michael Tsamaz said. Net income ...
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Greek riot police evict protestors from former state TV building
They showed footage on Thursday of an empty newsroom. "The government has reached such a point of delirium that it is staging a coup against itself," said Zoe Konstantopoulou, a senior lawmaker from the leftist opposition Syriza party, who rushed to the ...
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Greek police clear broadcaster's HQ
Greek riot police clear the headquarters of former state broadcaster ERT, evacuating the building and arresting several people.
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Greece general strike: Rain pours on protesters
BBC NewsGreece general strike: Rain pours on protestersBBC NewsWorkers in Greece are holding a 24-hour general strike over continuing cuts, as international lenders decide whether to unlock further bailout money. Flights and other transport have been disrupted by action in both the public and private sectors, and ...Watch Greece – it may be the next Weimar GermanyFinancial TimesAnti-austerity strike brings Greece to a halt during troika visitKathimeriniCash-strapped Greece protests against further austerityRTeuronews -EurActivall 107 news articles »
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| READ THE ORIGINAL POST AT www.bbc.co.uk |