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Friday, January 3, 2014

Diplomat & International Canada Magazine Article about Greece

The magazine, Diplomat & International Canada, which caters for the Canadian diplomatic and political community, published a three page article about Greece, written by the ambassador of Greece in Canada, Eleftherios Aggelopoulos. Entitled ...

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Police looking for missing Greece man

13WHAM-TVPolice looking for missing Greece man13WHAM-TVGreece, N.Y. - Police are looking for a 20-year-old Greece man who has gone missing. Nicholas Simmons left his home on Cider Creek Lane on January 1 around 5 p.m. and hasn't been seen since. Simmons is 6' 3", 195 lbs. with brown hair and green eyes.Greece Police looking for missing manNews 10NBCGreece Man Missing Since New Year's DayWROC-TVall 3 news articles »

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Italian navy rescues more than 1,000 migrants sailing to Europe

Navy helicopters spot four boats carrying 823 people, while in second operation 233 migrants are saved

The Italian navy rescued more than 1,000 migrants from boats trying to reach Europe within a 24-hour period, authorities said, as an immigration crisis that has led to the deaths of hundreds of people in the past year showed no signs of easing.

Navy helicopters spotted four overcrowded boats struggling to stay afloat south of Sicily on Thursday and ships were sent to save them, the navy said in a statement.

The 823 men, women and children aboard the four vessels were from countries including Egypt, Pakistan, Iraq and Tunisia.

In a separate operation, the navy rescued 233 migrants from Eritrea, Nigeria, Somalia, Zambia, Mali and Pakistan and took them to a port near Syracuse on Sicily's eastern coast.

After an October shipwreck in which 366 Eritrean migrants drowned off the Italian island of Lampedusa, Italy launched an operation combining ships, helicopters and drones to monitor the Mediterranean Sea.

Italy is a gateway into Europe for many migrants – arrivals by sea to the country from northern Africa more than tripled in 2013, fuelled by refugees from Syria's civil war and conflict in the Horn of Africa.

Over the past two decades, Italy, Greece and Malta have borne the brunt of the migrant flows and have urged a co-ordinated European Union response.

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Greece to overhaul defense buying after scandal

By Harry Papachristou ATHENS (Reuters) - Greece will overhaul arms procurement to make it more transparent, Defense Minister Dimitris Avramopoulos said on Friday, after a wide-ranging corruption inquiry led to the arrest of a former defense official and two arms dealers. Heavy arms spending was one of the reasons Athens piled up debt and had to be rescued with European Union and IMF bailouts ...

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Greece to Review Arms Purchases Amid Bribe Scandal

Greece to Review Arms Purchases Amid Bribe ScandalABC NewsAssociated Press. Greece's defense ministry says it will overhaul arms procurement procedures following the arrest of former weapons contract negotiators accused of paying bribes for major government contracts. Defense Minister Dimitris Avramopoulos ...Greece to overhaul defence buying after scandalReuters UKall 6 news articles »

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ND deputy defiant after charges for breach of faith over loan

New Democracy MP Kostas Kontogeorgos, former prefect of Evrytania in central Greece, on Friday ruled out the prospect of his resignation after charges were brought against him, and 18 prefectural officials, for breach of faith by a prosecutor in Karpenisi... ...

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Greece to auction 1.25 billion euros in T-bills on Jan. 7

Greece will auction 1.25 billion euros ($1.71 billion) of six-month treasury bills on January 7 to refinance a maturing issue, the country's debt agency PDMA said on Friday. The settlement date will be January 10. Only primary dealers will be allowed to p... ...

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Greek government issues decision on tax payment plans

State debtors may arrange their obligations through new payment plans requiring monthly installments from as little as 15 euros, provided they pay their debts within a 12- to 24-month period and pay their first installments within three days of starting t... ...

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Serres man crushed to death by wall while felling trees

A 50-year-old man died in the village of Limnohori in Serres, northern Greece, on Friday after being crushed under the debris of a wall that collapsed. The man, whose body was discovered by relatives, is believed to have been cutting down trees for firewo... ...

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Democratic Left will not return to Greece's coalition, says leader

Democratic Left leader Fotis Kouvelis has ruled out the possibility of his party returning to the coalition government it quit in June over the closure of public broadcaster ERT. “The reasons for our departure remain and we disagree with government policy... ...

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Greek Defense Minister pledges to overhaul arms procurements amid corruption probe

Greece's defense ministry says it will overhaul arms procurement procedures following the arrest of former weapons contract negotiators accused of paying bribes for major government contracts.

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Invel Completes $892M Greek Buy, Brings in York

Invel Completes 2M Greek Buy, Brings in YorkGlobeSt.comATHENS—Invel Real Estate Partners has completed acquisition of a 66% stake in NBG Pangaea Real Estate Investment Co. for $892 million (€653m), and it said Thursday that it has brought York Capital Management in as an investor to the tune of $171 ...and more »

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Military Brass Linked To Defense Scandal

ATHENS – The growing scandal into corruption in the Greek Defense Ministry has now involved charges that top military leaders – including a former Chief of Staff – received bribes to give their okay to contracts being approved, suggesting the graft was even more out of control than believed. A former representative of a German […]

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PIMCO: No Market Return for Greece

An official of the world’s biggest bond fund manager PIMCO has contradicted Greek Prime Minister Antonis Samaras’ claims that a recovery will begin this year with a return to the markets despite a lingering deep recession and ongoing economic crisis. In an interview published on Jan. 3 in Germany’s Sueddeutsche Zeitung, a spokesman for PIMCO […]

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Wall Street Journal Still Talks Grexit

As the Greek government continues to insist that the worst of a deep recession – now in its seventh year – and a crushing economic crisis are fading, skeptics abound, including the German edition of the Wall Street Journal (WSJ) which wrote that a Greek exit – Grexit – from the Eurozone is still possible. […]

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News»Featured» Greece family could take home $100K from AFV

13WHAM-TVNews»Featured» Greece family could take home $100K from AFV13WHAM-TVGreece, N.Y. -- A family from Greece is in the running for some big bucks this weekend. Their home video titled "breakfast blunder" is competing for the $100,000 grand prize on America's Funniest Home videos Sunday night on ABC. The Fabry family won ...and more »

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PIMCO Says No Greek Market Return

Even as Greece’s government proclaims an economic recovery will begin this year, the world’s biggest bond fund manager PIMCO said it doesn’t see any chance the country will be able to return to the markets this year, dashing some hopes that Prime Minister Antonis Samaras’ positive spin might kick start a comeback. In an interview […]

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First Cruise Liner of 2014 Berths at Piraeus

  The first cruise liner of 2014 to arrive at the Greek harbor of Piraeus was the Costa Deliziosa with 2,890 passengers. The administration of Piraeus Port Authority (OLP) organizes a special event for the first liner to berth in the harbor in the New Year. As underlined by Giorgos Anomeritis, OLP’s President, “Shipping reduces insularity […]

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Georgiadis Confronts PASOK On Hospital Fee

Showing again just how fragile Prime Minister Antonis Samaras’ coalition is, Health Minister Adonis Georgiadis has challenged his partners, PASOK, to come up with another way to raise 40 million euros if they persist in their demand that the government drop a 25 euro hospital admission fee – which the Socialists had backed 100 percent. […]

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Greek ND Deputy Facing Charges for Breach of Duty

For more than four years, there has been an ongoing investigation over a loan and its distribution by Evrytania A.E. The loan’s guarantor was a former prefecture of Evrytania in central Greece. Head of the firm Evrytania A.E. was a New Democracy MP, Kostas Kontogeorgos. Kontogeorgos and another 18 prefectural officials are facing charges for […]

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New Greek Platform “ ” Organizes Cheap Trips

An alternative to traditional online holiday booking is the new website captainwise.com. All you need to do to find your perfect getaway, is to log-on, enter your budget and the days you wish to travel, and let the captain do the rest. A set of suggested package holiday destinations with accommodation options are displayed. The […]

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Here's Why National Bank of Greece Got Absolutely Hammered in 2013

Here's Why National Bank of Greece Got Absolutely Hammered in 2013Motley FoolIn this special "Best and Worst 2013" edition of The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer tell viewers why National Bank of Greece (NYSE: NBG ) lagged the market in 2013.and more »

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On Loving a Turk… and our Hypothetical Inter-cultural Child

We met in England as postgraduates, an in between space that was neither Greece, nor Turkey, nor the United States, just after I had spent ... not only in the belief that legitimacy came from men, but also that a woman married to the Sultan ...

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Greek bank deposits rise in Nov but credit shrinks

Greek bank deposits rose slightly in November after a five-month decline but private sector credit kept shrinking, central bank data showed on Friday, as deep recession saps demand for loans. Hit by austerity and record unemployment, Greek households have been tapping savings to cope with economic hardship as banks struggle with growing amounts of non-performing loans. The Bank of Greece expects ...

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Turkey-Greece: Ankara looks to Athens to support its EU bid

(ANSAmed) – ANKARA, JANUARY 3 - Turkey's newly appointed EU Minister Mevlut Cavusoglu yesterday expressed hope that Greece, the bloc's new term president, would continue to support Turkey's membership bid and that new chapters would be opened during its ...

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Samatas: Greece will move out of a precarious position

Samatas: Greece will move out of a precarious positionCapital.gr (press release)Samaras referred to the priorities of the Greek EU Presidency, unemployment and migration, the results achieved by the government in the economic sector and the existence of a neo-Nazi party in Greece saying that it is a “shame”. The newspaper ...

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Italy rescues 1000 migrants off Lampedusa inside 24 hours

BBC NewsItaly rescues 1000 migrants off Lampedusa inside 24 hoursBBC NewsGreece and Italy are the main Mediterranean entry points for migrants fleeing poverty and violence in Africa and Asia. The BBC's Alan Johnston in Rome says the Italian authorities used to expect the flow of migrants to diminish in winter, when ...Migrants rescued off Italian and Greek coastsUpdated NewsItalian navy rescues over 1000 migrants from boats in 24 hoursReuters UKItaly rescues over 1000 migrants from boats in 24 hourswww.worldbulletin.netall 131 news articles »

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Greek bank deposits rise in Nov, pause 5-month decline- cenbank

Greek bank deposits rise in Nov, pause 5-month decline- cenbankReutersGreek banks lost around 90 billion euros or a third of their deposit base after the country plunged into a debt crisis in late 2009, partly due to capital flight on fears of a euro zone exit. About 17 billion euros returned to the banking system in the ...and more »

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'A Wind Through Time' at ARTworks will highlight primitive Greek music, history

Hilton Head Island Packet'A Wind Through Time' at ARTworks will highlight primitive Greek music, historyHilton Head Island PacketIn Beaufort, Pantazis and Kakissis will exhibit their odyssey and play their ancient Greek instruments Jan. 26 at ARTworks in Beaufort. On Santorini Island, they work in La Ponta, a 1200s castle tower with a view of the town and the sea where the wind ...

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Greek Presidency offers no perks for visiting civil servants

Greek ReporterGreek Presidency offers no perks for visiting civil servantsEurActivThe Greek EU logo, a sailboat symbolising Europe's “common quest and journey” and hinting at one of their central priorities – maritime policies, was designed by local young entrepreneurs and cost €12,500 as opposed to the average of €150,000 usually ...Can Greece repair its reputation?Telegraph.co.ukEU presidential stint will challenge Greek leadersThe Japan TimesAnother 4000 Suspensions in Greek Public SectorGreek ReporterNovinite.com -Deutsche Welle -Minneapolis Star Tribuneall 151 news articles »

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2013 Was Not A Good Year For The BRICs

Global manufacturing made a comeback in 2013 — except, that is, in the world's biggest emerging markets, the BRICs (Brazil, Russia, India, and China).

The chart at right, courtesy of Alan Ruskin, global head of G10 FX strategy at Deutsche Bank, shows cumulative increases in country-specific manufacturing purchasing manager indices (PMIs) published by Markit over the course of 2013, updated with today's release of the December data.

What is notable is that nearly across the board, these PMIs rose last year, suggesting improving business conditions for manufacturers around the world, save for in Denmark and the BRICs.

Even non-BRIC emerging markets — like Turkey, South Korea, Hungary, and Indonesia — managed to eke out gains in their respective PMIs, while other EMs (Taiwan, Poland, Greece, and the Czech Republic) registered strong increases.

Meanwhile, manufacturing in developed markets, like Japan, the U.S., and the eurozone roared to life, as the chart illustrates.

Join the conversation about this story »

    

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US the biggest threat to world peace in 2013 – poll

The US has been voted as the most significant threat to world peace in a survey across 68 different countries. Anti-American sentiment was not only recorded in antagonistic countries, but also in many allied NATO partners like Turkey and Greece

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Epic tragedies: Greek trilogy translated in Urdu

The Express TribuneEpic tragedies: Greek trilogy translated in UrduThe Express TribuneIntellectual and writer Ashfaq Saleem Mirza on Thursday launched his new book entitled “The Journey of Tragedy” comprising Urdu translations of three representative Greek tragedies — 'Prometheus Bound' by Aeschylus, 'Oedipus Rex' by Sophocles and ...

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‘Struggling businessman’ in northern Greece wins New Year's lottery

A father of three from Kavala, in northern Greece, is the winner of this year’s national lottery, netting 3.5 million euros after taxes, it emerged on Thursday. The man, who had not claimed his prize by late last night, is a small businessman who had been... ...

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Greek man fails in suicide attempt after shooting girlfriend in face

A 39-year-old man from Ermionida in the Peloponnese who shot his 32-year-old girlfriend in the face before apparently trying to burn himself alive in his car was being treated for serious burns on Thursday while the 32-year-old was hospitalized in Athens ... ...

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Deputy minister defends fee for off-air Greek broadcaster

Deputy Culture Minister Pantelis Kapsis, who is in charge of public broadcasting, on Thursday defended the government’s decision to start charging for the new state TV and radio service, NERIT, even though it is not on air yet. A monthly 3-euro charge has... ...

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Major gains for stocks at start of year

The new year started off with a bang at the Greek bourse on Thursday as local stocks bucked the trend recorded across the rest of the continent to post major gains and take the benchmark index over the 1,200-point level, despite the fact that the capital ... ...

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One arrested, 15 sought over swindles against elderly victims

A 26-year-old woman was arrested on Thursday as police sought at least another 15 suspects in connection to a string of reports by elderly people from different parts of Greece who said they had been cheated out of money. At the center of the investigatio... ...

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Ex-mediator for German defense firm suggests 10 military officials received kickbacks

A broadening corruption scandal gathered pace on Thursday after a former representative of a German defense systems firm suggested that at least 10 members of Greece’s armed forces, including a former chief of staff, received under-the-table payments to s... ...

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Charge for prescriptions delayed as new hospital fee is enforced

Due to a technical glitch, a new 1-euro charge for anyone in Greece who picks up prescription medicine from a pharmacist will start to apply a few days after its original launch date at the start of the year, Health Minister Adonis Georgiadis said on Thur... ...

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City of Athens determined to keep capital graffiti-free

The City of Athens will continue efforts to keep the Greek capital free of unsightly graffiti and so-called “tagging” signatures, the deputy mayor for sanitation, Andreas Varelas, said on Thursday, warning taggers not to “bother writing on the walls we ha... ...

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PM wants swift deal with troika on return

The quick conclusion of talks with the troika is the Greek government’s main aim once it officially assumes the rotating presidency of the European Union next week. Greece is due to make its debut as the holder of the six-month presidency on January 8, wh... ...

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Absorption of EU subsidies exceeds target set for 2013

While presenting the course of the 2013 subsidies program on Thursday, Development Minister Costis Hatzidakis stressed that not a single euro in European Union subsidies paid through the National Strategic Reference Framework would go to waste. Greece ach... ...

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Taxes force yacht owners sail away

The Greek Marinas Association (GMA) has reported a number of departures of foreign-owned yachts due to the new charges imposed since the start of the year on recreational vessels. International organizations, associations and unions active in the maritime... ...

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Levy in favor of renewable energy sources soars

Power consumers in Greece will see the levy they pay for the proliferation of renewable energy sources double as of March 1, according to a decision made by the Regulatory Authority for Energy (RAE) on Thursday, unless the Energy Ministry finds another wa... ...

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It Could Have Been Samaras’ Year in 2013

Antonis Samaras, the most unexpected comeback kid in Greek politics, the smiling, sweet Greek Prime Minister, could have been out Person of the Year for 2013. He could have been the man of the year not only for the things he said but for what he did in the past year. But we did not […]

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Bucks’ Antetokounmpo Showing His Stuff

When 18-year-old Giannis Antetokounmpo, the Nigerian whose family immigrated to Greece and raised a family of basketball players was chosen the number one draft choice of the Milwaukee Bucks in the NBA, there were a lot of people who went, “Who?” The kid was an unknown in the U.S. but early in the season is […]

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Athens in Winter

Are you looking for an interesting place to visit this winter? There are many reasons for placing Athens at the top of your list, including a long-range weather forecast of “mild and sunny weather,” with temperatures at 40 degrees Fahrenheit and above.  The usual rainy periods in January and February are to be expected, and […]

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Bye Bye 2013, Hello New Year 2014

Greek and Cypriot-Americans and their friends could not wait for 2013 to go away. They welcomed the New Year at venues all over the New York Metropolitan Area with food, drink, music and fellowship They jammed the Melrose Ballroom, New York’s and the community’s newest entertainment venue where Nikos Makropoulos was the featured singer. The […]

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Greek Coastguard Saves 85 Immigrants

Greece’s coastguard has rescued a group of 85 migrants including women and children from a sailing ship in the southeastern Aegean Sea, officials said. “The migrants are currently being transferred to other vessels and will be taken to the island of Astypalaia,” a Coastguard spokeswoman told Agence France Press late in the day on Jan. […]

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