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How the world sees Greece
Thursday, January 9, 2014
Steinmeier urges Greece to continue tough economic reforms
However, recent political debates within the Greek government over seeking additional funds from the troika of lenders - the EU, the International Monetary Fund (IMF) and European Central Bank (ECB) - could hurt Greece's reform efforts, Steinmeier said.
German envoy backs Greek reform efforts
KathimeriniGerman envoy backs Greek reform effortsKathimeriniReferring to Greek predictions for a primary surplus, Steinmeier spoke of “indisputable successes” and advised Athens to focus on the completion of economic reforms pledged to international creditors at this stage and “not to devote all their time to ...and more »
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Greece Takes EU Helm, Still Focused on Self
Greece's turn at the helm of the European Union, a largely administrative role that rotates every six months, could find itself overshadowed by something close to home: Greece's own bailout. According to EU etiquette, the country holding the ...
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Greek-American Donates Computers to Greek School
A Greek-American living in the United States donated 101 Personal Computers to the Elementary School of Asproxoma, Kalamata, in the Greek Prefecture of Messinia, in the southern part of Greece. Apostolos Tampakis from the Greek diaspora ...
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Greek yogurt 'cheesecake' with honey-walnut topping
Christian Science MonitorGreek yogurt 'cheesecake' with honey-walnut toppingChristian Science MonitorAnyone else feel like they ate everything this Christmas? Oh I have no regrets. I'm just saying that after a steady diet of Christmas cookies and cheese and crackers and delicious mama-made meals, I could/should spend some serious time with fruits ...
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Greece passes new hospital fee bill to cigarette smokers
Greek ReporterGreece passes new hospital fee bill to cigarette smokersEurActivIn November, Greece's private healthcare clinics threatened to turn away patients insured by the country's main healthcare facility, the National Organisation for Healthcare Provision (EOPYY). According to the private clinics, EOPYY owes them €800 million.Crisis: Greece; doctors strike continues until January 17ANSAmedall 3 news articles »
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Greek authorities charge 25 over allegedly inadequately secured bank loans to businesses
Greek authorities have charged 25 people and arrested three following an investigation into allegedly inadequately secured loans from the former Hellenic Postbank to local businessmen.
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Greece: 25 charged over bank business loans
ATHENS, Greece (AP) — Greek authorities have charged 25 people and arrested three following an investigation into allegedly inadequately secured loans from the former Hellenic Postbank to local businessmen.
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Greek fraud probe over postal bank loans nets three suspects
At least three people including a prominent businessman have been arrested in Greece in a probe over unsecured loans from ex-state Hellenic Postbank, authorities said on Thursday. An anti-corruption magistrate ordered the arrests late on Wednesday in ...
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“Greek Honeysuckle and Magnolias” is Released
In the age of antiquity the Greek race has been considered one of the great precursors of classical art and literature. The Greeks or Hellenes have always been considered a gifted and passionate race that has produced some of the greatest ...
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Greek Unemployment Rate Climbs to Record High as Eurozone Jobless Holds
The Greek Statistical Authority (ELSTAT) revealed the jobless rate slightly increased from 27.7% in September and jumped from 26.1% the year before.
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Greek industrial slump persists, jobless rate at record high
Greece's industrial slump deepened and unemployment ticked up to a record high, data showed on Thursday, highlighting the ravages of a six-year recession even as the debt-laden economy shows tentative signs of an economic recovery elsewhere. The jobless rate rose slightly to a record 27.8 percent in October from 27.7 percent in the previous month while industrial output contracted in November ...
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Greek ministers strike a positive note at start of presidency
euronewsGreek ministers strike a positive note at start of presidencyEuropean VoiceThe Greek government sought to project a positive image as it opened its term in the rotating presidency of the European Union's Council of Ministers. “We are assuming the presidency not as a country in crisis but as a country that is back on the path ...Barroso and Samaras give upbeat messages at launch of Greek EU presidencyeuronewsProtests off Limits for Greek Presidency Kick-OffABC NewsGreek police clash with anti-EU protesters in AthensPress TVGlobalPost -Kathimeriniall 249 news articles »
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Greece's day of reckoning: Bailed-out nation takes on EU presidency – and hopes to rehabilitate its economic fortunes
A. C. Grayling is an English philosopher and founder of independent undergraduate college, New College of the Humanities. He is the author of several books including The Refutation of Scepticism (1985), The Meaning of Things (2001) and The Good Book (2011).
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Greece Sees A Bright Day As It Launches EU Presidency
Greece’s Prime Minister Antonis Samaras met with European Commission President José Manuel Barroso and the college of commissioners of the EU. Addressing a press conference at Zappeion with Barroso, Samaras said Greece strives to achieve a reconnection ...
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Greek jobless rate hits new record; Christmas gloom for Morrisons
Finance director, Richard Meddings, and the head of its consumer bank, Steve Bertamini, will depart by March and June respectively, as part of a restructuring that will merge its wholesale and consumer banking divisions. Meddings' departure is a particular ...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greek justice sweep over unsecured postal bank loans
Greek authorities have issued arrest warrants against several prominent businessmen who allegedly received unsecured loans from ex-state Hellenic Postbank, a justice source said on Thursday. An anti-corruption magistrate ordered the arrests late on ...
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TABLE-Greek industrial output slump deepens in November
Greek industrial output fell 6.1 percent year-on-year in November after a revised 4.7 percent drop in the previous month, the country's statistics service ELSTAT) said on Thursday. The November drop brings the overall decline of Greek industrial output to an annual pace of 3.9 percent in the first 11 months of the year, compared to a 3.4 percent drop in the full year of 2012.
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Ten Charged in Greek Bank Fraud
KathimeriniTen Charged in Greek Bank FraudGreek ReporterIn yet another case of alleged fraud involving a Greek bank, at least 10 arrest warrants have been issued in connection with suspect loans worth more than 400 million euros ($543.8 million) given by Hellenic Postbank between 2006-2011, according to ...Suspect Hellenic Postbank loans probed; arrest warrants issuedThe Sofia Globeall 5 news articles »
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Euro-area unemployment rate holds at 12.1 percent; Greece reports 27.4 ...
KathimeriniEuro-area unemployment rate holds at 12.1 percent; Greece reports 27.4 ...KathimeriniEuro-area unemployment held at a record in November as policy makers struggled to bolster the recovery from the currency bloc's longest recession. The jobless rate remained at 12.1 percent, the European Union's statistics office in Luxembourg said on ...Eurostat: September Unemployment in Greece at 27.4%Greek ReporterCroatia and Greece record the highest youth unemployment rate among ...Balkans.com Business NewsEurozone economy shows glimmers of hopeBeatrice Daily Sunall 171 news articles »
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More than 10 arrest warrants issued over suspect Hellenic Postbank loans
At least 10 arrest warrants were issued late Wednesday in connection with suspect loans worth more than 400 million euros given by Hellenic Postbank between 2006-2011, according to reports.
Police were reportedly seeking several Greek and Cypriot business... ...
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Poor judgment
The head of Greece’s main opposition party committed a serious error in judgment yesterday by refusing to attend the official ceremony for Greece’s assumption of the EU presidency.
Whether he likes it or not, SYRIZA’s Alexis Tsipras has an institutional r... ...
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Signs of a collapsed state
The Greek government is upset at a recent report in the weekly German magazine Der Spiegel suggesting that its belief in the country’s salvation is all in its head. This kind of comment undermines statements by the government regarding the achievement of ... ...
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US State Department concerned about missing terrorist [Update]
The United States has voiced its concern after convicted terrorist Christodoulos Xeros went missing after a furlough from prison, urging Greek authorities to locate him and return him to prison.
Xeros was convicted in 2003, along with two of his brothers,... ...
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Steinmeier in Athens on a two-day visit
German Foreign Minister Frank-Walter Steinmeier is on Thursday expected in Athens for a two-day visit.
Steinmeier is scheduled to meet with his Greek counterpart Evangelos Venizelos at 6.30 p.m. ahead of a joint press conference at 7 p.m.
In comments made... ...
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[Analysis] Is the Greek economy ready to come off life support?
[Analysis] Is the Greek economy ready to come off life support?EUobserver.comThe Greek government has forced through a programme of spending cuts, tax rises and labour reforms of unprecedented severity. "No other country in peace-time has made such profound economic reforms," finance minister Yannis Stournaras told reporters ...
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Greece Dreams of Bond Sale in Rally From Ireland to Portugal
Greek ReporterGreece Dreams of Bond Sale in Rally From Ireland to PortugalBloombergSuch is the confidence in Europe that Greece, which sparked Europe's sovereign woes in 2009 and required two bailouts, said yesterday it may sell bonds this year. That would mark a turnaround in the region after nations were shut out of debt markets, ...FT: Greece Will Soon Return to MarketsGreek Reporterall 4 news articles »
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Greece EU Presidency Praised, Protests Barred
ATHENS – European Union leaders praised Greece’s efforts to fix its crisis-hit economy Jan. 8, as the country formally assumed the bloc’s rotating presidency amid strict police security that left traffic in the capital at a standstill for hours. “The challenges are still immense, social conditions are still demanding, and unemployment remains at unacceptable levels,” […]
The post Greece EU Presidency Praised, Protests Barred appeared first on The National Herald.
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Terrorist Escape Stirs Strike Worries
The escape of a convicted November 17 terrorist – who walked away from the eighth furlough he had been granted while serving six life terms for the murders of six people – has stoked fears he may be planning more hits on targets, even as another convicted terrorist who earlier didn’t return from a leave […]
The post Terrorist Escape Stirs Strike Worries appeared first on The National Herald.
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Alpha TV Owner Charged in Bank Fraud
In yet another case of alleged fraud involving a Greek bank, at least 10 arrest warrants have been issued in connection with suspect loans worth more than 400 million euros ($543.8 million) given by Hellenic Postbank between 2006-2011, according to reports. Police were reportedly seeking several Greek and Cypriot businessmen, former CEOs and other staff […]
The post Alpha TV Owner Charged in Bank Fraud appeared first on The National Herald.
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Greek and Spanish bonds are on the rise
KathimeriniGreek and Spanish bonds are on the riseKathimeriniSpanish government bonds rose on Wednesday, pushing 10-year yields to the lowest since 2009, as improving euro-area retail sales and German factory orders added to signs the region's recovery is gathering momentum. Greek 10-year securities advanced ...
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Students from Agrinio and Messolonghi killed in Bus Disaster
The 23-year-old student Irene Triantafyllou from Messolonghi, Greece, was one of two passengers tragically killed yesterday when a KTEL bus collided with a truck. Irene was studying at Aristotle University of Thessaloniki and was traveling with other students to Thessaloniki when the accident occurred. She and another woman of the same age from Agrinio who […]
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Man Arrested for Distributing Child Pornography
The Cyber Crimes Unit of the Greek police have arrested a 30-year-old man on Tuesday morning for possession and distribution of child pornography via the Internet, according to the Greek newspaper TA NEA. After presenting evidence and acquiring authorization to monitor the suspects electronic communications, the Cyber Crimes Unit gathered evidence for illegal activity using specialized […]
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Greek Mother Loses Custody Because of the Internet
A mother in Crete, Greece, lost custody of her child, because according to the court, she was surfing the internet instead of providing a caring home. The First Instance Court of Heraklion, in order to ensure the well-being of the child, has awarded temporary custody to the father. Meanwhile, the mother is required to pay monthly alimony […]
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Greek Terrorist May be in Athens or Thessaloniki
While Christodoulos Xeros, convicted member of the terrorist organization November 17, is still on the run for the 3rd day, police are pressing his family for clues as to his possible whereabouts. The Greek police believe that he may have gone to ground in Athens or Thessaloniki. According to his father, Greek Orthodox priest Father […]
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FT: Greece Will Soon Return to Markets
“Greece will soon be able to return to markets” estimates a new article in the Financial Times. The 10-year Greek bond yields fell to 7.8% yesterday, reaching the lowest point since the crisis outbreak in early 2010, after yesterday’s successful auction of 10-year Irish bonds. Bond yields of Eurozone periphery countries also decreased significantly, states […]
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Expelled Cypriots Homecoming Dream Thwarted by Scandal in Turkey
In the port of Famagusta, Greek- Cypriot hotelier Dinos Lordos threw rooftop cocktail parties for wealthy English visitors to sell them vacation apartments overlooking the Mediterranean Sea.
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Willie Nelson kicks off Greek Theatre concert season
Willie Nelson kicks off Greek Theatre concert seasonSan Jose Mercury NewsCountry legend Willie Nelson is set to kick off the 2014 Greek Theatre concert season. The legendary singer-songwriter-guitarist, known for such immortal offerings as "Crazy," "Hello Walls," "Red Headed Stranger" and "Stardust," performs April 12 at ...and more »
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Greek Doctor Strike Continues
Greek ReporterGreek Doctor Strike ContinuesGreek ReporterThe doctors of the Greek National Health Services Agency (EOPYY) will continue to strike until January 17, as announced today by the Executive Secretariat of the Panhellenic Federation of Scientific Healthcare Personnel (POSEYP) – EOPYY. Emergency ...
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Protest in Athens as EU marks Greece presidency
Visiting European Commission President Jose Manuel Barroso insisted that financial rescue packages provided by international lenders, including the EU and the International Monetary Fund (IMF), were working after six years of recession and austerities.
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Touting progress, Greece assumes EU presidency
Prime Minister Antonis Samaras delivered a similar message, while all of them trod carefully around the possibility that Greece will need another loan or else have to write off or renegotiate a portion of its vast debts later this year. Since it emerged in ...
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Greek police clash with anti-EU protesters in Athens
Police and protesters clash in the Greece capital Athens during a demonstration against European Union after the country officially launched its six-month presidency of the bloc. On Wednesday, the protesters clashed with riot police as they were denied to ...
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EU associated with austerity not solidarity after seven years of recession in Greece
Political instability is also a recurring worry – the coalition government’s majority is wafer-thin, despite prime minister Antonis Samaras’s assertion yesterday that the government will remain stable until elections in 2016. But perhaps earlier ...
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Finance Minister says Greece can avoid third bailout despite €11bn financial gap
However, he stressed that the Greek people had been subject to unprecedented austerity measures, since it became the first euro zone country to seek a bailout in May 2010, a move that ultimately led to the country seeking €240 billion worth of loans.
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Greece: Among Top Destinations for UK
according to the Association of British Travel Agents (ABTA) and Expedia.co.uk. Approximately 1.9 million British tourists visit Greece every year while total revenues from tourism are around 1.4 billion Euros. The UK is the second most ...
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US calls on Greece to find, return Greek terrorist who vanished while on prison furlough
The U.S. is calling on the Greek government to find and return to prison a member of a terrorist organization, which is responsible for the deaths of five employees of the U.S. mission in Athens.
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US concern after Greek far-left militant skips jail
The United States on Wednesday voiced concern that a far-left Greek militant whose group was behind the killings of five Americans has disappeared while on prison leave. Washington has been in contact with Athens since Christodoulos Xiros, 56, serving six life sentences for his role as a hitman with the November 17 terror group, failed to return from a nine-day New Year's break. "We call on the ...
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Approval of EU leadership lowest in Greece
ETF Daily NewsApproval of EU leadership lowest in GreeceEUobserver.comBRUSSELS - Support for the EU was lowest in Greece in 2013 while Spain registered the sharpest drop in support between the beginning of the economic crisis in 2008 and last year. A survey published Wednesday (8 January) by Gallup showed that just 19 ...EU Leadership Approval at Record Low in Spain, GreeceGallup.comGallup: Support for EU down in Spain, Greece and CyprusUPI.comIf You Are Waiting For An “Economic Collapse”, Just Look At What Is Happening ...ETF Daily News (blog)all 9 news articles »
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Still-troubled Greece assumes presidency of European Union
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Greek Peak Mountain Resort Announces Grand Opening of the New Greek Peak
Call for Coverage Greek Peak Grand Opening 1-9-14 (PRWeb January 08, 2014) Read the full story at http://www.prweb.com/releases/2014/01/prweb11474165.htm
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