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How the world sees Greece
Friday, April 11, 2014
Merkel Lauds Greek 'Step Toward Normalcy' After Bond Sale
KathimeriniMerkel Lauds Greek 'Step Toward Normalcy' After Bond SaleBusinessweekGerman Chancellor Angela Merkel applauded Greece for its “step toward normalcy” after the nation's sale of sovereign debt yesterday returned it to the market following four years of bailouts and austerity. Meeting in Athens with Prime Minister Antonis ...UPDATE 1-Merkel visits Athens to boost Greek government after bond saleReutersIn Athens, Merkel Praises Greece's Reform EffortsWall Street JournalMerkel, in Athens, praises Greek reform progressChron.comeuronews -Reuters Blogs (blog) -Kathimeriniall 1,333 news articles »
5 things to know about Macedonia's presidential election
by
Associated Press
5 things to know about Macedonia's election
by KONSTANTIN TESTORIDES, Associated Press - 11 April 2014 15:31-04:00
SKOPJE, Macedonia (AP) — Macedonia holds presidential elections Sunday — its fifth since the Balkan country gained independence following the breakup of the former Yugoslavia in 1991. Here are five things to know about the poll and the country.
WHERE IS IT:
Southeastern Europe, north of Greece.
HOW BIG:
Slightly larger than the U.S. state of Vermont. Its population is 2.1 million.
STILL LOOKING WEST
Since gaining independence, Macedonia has struggled to find its place on the international stage. The problem is the country's name: Greece objects to anything outside its borders being called Macedonia, arguing that it suggests territorial claims on Greece. The dispute has led Greece to block Macedonia's efforts to join Western organizations like the European Union and NATO.
Even though all of the major parties agree on Macedonia's aspirations, the question is how to best achieve them.
THE LEADERS:
Current President Gjorge Ivanov, 53, of the VMRO-DPMNER party has presented himself during the campaign as defender of the Macedonia's identity. He said he would never give up Macedonia's name and will seek a referendum for any other proposal.
His main opponent, Social-Democrat Stevo Pendarovski, 51, wants all of the parties to come up with a consensus on the name issue and then negotiate with Greece.
WARM UP VOTE
Despite being elected directly by popular vote, the president holds a largely ceremonial position. Sunday's ballot is seen as a test to see whether the dominant VMRO-DPMNE can win general elections April 27 — and hold on to power.
Prime Minister Nikola Gruevski, criticized by opponents for alleged interference in the judiciary and news media, is again staking his re-election on a pledge to form closer ties with NATO and the EU.
News Topics: General news, Government and politics, Presidential elections, Elections, National electionsPeople, Places and Companies: Gjorge Ivanov, Nikola Gruevski, Macedonia, Greece, Europe, Eastern Europe, Western Europe
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Merkel pledges more support for Greece
German Chancellor Angela Merkel has pledged to continue backing Greece, one day after the debt-laden country tapped bond markets for the first time since its international bailout began four years ago. On a symbolic visit to mark the economic ...
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Alabama SGA supports Greek integration
Alabama SGA supports Greek integrationCBS42About 400 students and faculty members of the Univ. of Alabama march across the campus to oppose racial segregation among its Greek-letter social organizations in Tuscaloosa, Ala., Wednesday, Sept. 18, 2013. School President Judy Bonner issued a ...and more »
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Merkel visits Athens to boost Greek government after bond sale
Merkel's visit, which comes the day after Greece returned to international bond markets, will be brief. She plans to be in Athens for six and a half hours, meeting Prime Minister Antonis Samaras and Greek business people, before a news ...
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On visit to Athens, Merkel pledges action on Greek debt sustainability
On her second visit to Athens in less than two years on Friday, German Chancellor Angela Merkel pledged that the eurozone would discuss Greece’s debt sustainability later this year.
There was pleasant surprise among Greek government officials that Merkel ... ...
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Bonds went to ‘real money investors’
Nearly half of the 3 billion euros raised by Greece through the sale of five-year bonds on Thursday were purchased by investors from the United Kingdom. Besides the success of the issue, the Finance Ministry is also satisfied by the fact that those who bo... ...
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OECD report points to heavy tax burden on Greek salary workers
Greece had one of the highest tax burdens on labor income last year, ranking 11th among the 34 member states of the Organization for Economic Cooperation and Development, according to an OECD report published on Friday.
The total tax faced by the average ... ...
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BoG chief calls for reforms, move to new growth model
Central Bank Governor Giorgos Provopoulos stressed that a string of reforms must be implemented while the country must move toward a new growth model. At the same time he underscored that it is becoming clear that Greece is emerging from the crisis.
“Ever... ...
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Merkel sees 'renewed confidence' in Greece after bond issue
German Chancellor Angela Merkel on Friday said Greece's buoyant return to the bond markets showed investors' "renewed confidence" in the crisis-hit country, and pledged to back Athens on its path of reforms. "I'm delighted, this ... is proof of renewed ...
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Merkel Praises Greece's Reform Efforts
German Chancellor Angela Merkel praised Greece's reform efforts during a visit to the Greek capital Friday in what was seen as a symbolic show of support for the government here.
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Five explanations for Greece’s bond yield
The biggest news in the sovereign debt world this week has come from Greece, which managed to sell some €3 billion in new 5-year bonds at a yield of just 4.95%. This is not what you might expect, given the macroeconomic situation: Greece’s debt ...
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Greek welcome for Angela Merkel while protesters are held at bay
German chancellor flies into Greece to champion country's turnaround, but opposition leader calls visit election stunt
Angela Merkel flew into Greece on Friday to champion the country's apparent turnaround from eurozone basket case to paragon of austerity, but Greeks remain bitterly divided over the impact of the policies she has foisted on their country.
Officially it was all smiles. Under azure blue skies Greece looked good. It has just borrowed successfully from foreign investors for the first time in four years. And the economics are certainly more encouraging than they were 18 months ago when the German chancellor last dared venture this far south.
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Merkel To Samaras: Show Me The Surplus
A visiting German Chancellor Angela Merkel told Greek Prime Minister Antonis Samaras in Athens she first wants to see proof there will
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OECD Report: Greek Families Pay Higher Taxes
The tax burden for the one-earner Greek couple with 2 children is the biggest of the 34 OECD member countries. In particular,
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Lagarde List Case Reopens for Ex Greek Minister and Relatives
The Lagarde list case reopens after Easter and the former Greek Finance Minister Giorgos Papakonstantinou along with his relatives Eleni Papakonstantinou, Andreas
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Merkel a 'believer' in Greece after tough reforms
German Chancellor Angela Merkel on Friday said she "firmly believed" there was untapped potential in Greece after years of tough austerity reforms that culminated in a bond comeback this week. "I firmly believe that after a very, very tough phase, this ...
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Greece's economy is still a huge mess
Enthusiasm surrounding Thursday's Greek debt offering illustrates just how desperate investors have become in their futile search for yield. By Cyrus Sanati FORTUNE -- The wildly successful sale this week of billions of euros of newly minted ...
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Merkel, in Athens, praises Greek reform progress
ATHENS, Greece (AP) — Greece won praise Friday from German Chancellor Angela Merkel — the lead advocate of eurozone austerity — for its painful economic turnaround and successful return to markets. But Merkel added a polite reminder that the bailed ...
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Putin Accuses U.S. Of 'Peeping'
Russian President Vladimir Putin said Friday that he thought it was "strange" for the U.S. to react to a letter he wrote to European leaders warning Russia might cut natural gas supplies to Ukraine, which would potentially reduce exports to the rest of the continent. Putin addressed America's response to the letter at a meeting of Russia's Security Council.
"It’s a bit strange,” said Putin, according to Russia Today. "It’s strange, at any rate, as it’s bad to read other people’s letters. It wasn’t addressed to them, but the consumers of gas in Europe.
Putin then made what seemed to be a thinly-veiled reference to the NSA surveillance programs that were revealed last year.
"Everybody is used to the fact that our American friends are eavesdropping, but turning to peeping is shabby altogether," said Putin.
Putin was responding to a statement from U.S. State Department Jen Psaki that accused Russia of reneging on a deal that offered reduced gas prices to Ukraine and using "energy as a tool of coercion against Ukraine" in the wake of protests that ousted the regime there that was closely allied with Moscow.
Putin's letter, which he sent Thursday, denied he had raised natual gas prices for political reasons and said Russia would "require a payment of about 5 billion US dollars" for the amount of gas Ukraine would need "to guarantee uninterrupted transit," The letter was addressed to officials in France, Germany, the Czech Republic, Macedonia, Austria, Greece, Moldova, Bulgaria, Italy, Poland, Hungary, Bosnia, Slovakia, Croatia, Serbia, Slovenia, Romania, and Turkey.
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Souvla brings fast casual Greek food to Hayes Valley
SFGate (blog)Souvla brings fast casual Greek food to Hayes ValleySFGate (blog)While Kokkari and Evvia made cameos at the White House last week for Greek Independence Day, Hayes Valley got a little Greek action this week, when Souvla opened in the Hayes Valley restaurant space that previously housed Sebo. The space is barely ...
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Greek schoolchildren make biggest paper dove on record
Some 45,000 students from elementary, middle and high schools all over Greece made a 3,000-square meter white dove on a blue background out of 280,000 paper boats at the Panathenaic Stadium, where the first Modern Olympic Games were held, in central Athen... ...
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Papaconstantinou expected to testify after Easter
The special magistrate appointed to investigate whether Giorgos Papaconstantinou tampered with the Lagarde list of Greeks who had deposits at a Geneva branch of HSBC is expected to call the former finance minister to testify after Easter, source said on F... ...
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Incumbent Athens mayor chides rival over remarks
Athens Mayor Giorgos Kaminis on Friday chided Aris Spiliotopoulos, his New Democracy rival in May’s local elections, after the deputy likened Athens to Kabul in the wake of Thursday’s bomb explosion outside the Bank of Greece.
“He is undermining the city’... ...
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CCTV captured footage of bomber, attack on Bank of Greece
Police sources confirmed on Friday that CCTV cameras at the Bank of Greece and another lender in central Athens recorded parts of Thursday morning’s car bomb attack.
The footage shows a Nissan Sunny being parked outside the central bank headquarters and t... ...
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Deposition of seventh Nigrita Prison guard over inmate's death postponed
A magistrate in Serres, northern Greece, on Friday postponed the deposition of a prison guard from Nigrita Prison in connection with the death of Albanian inmate Ilie Kareli last month after the suspect claimed that he had left the facility before the vic... ...
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Fitch: Greek return to markets shows progress
Fitch on Friday retained Greece’s outlook as stable and its credit rating at B-, stating that its return to the international bond market helps meet the sovereign’s funding needs and highlights the magnitude of its fiscal and economic adjustment under its... ...
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New B.P. Shows His Greek Appreciation
NEW YORK – A Community’s future depends on its leaders’ ability to bring its concerns and needs to the attention of local officials. Relationships must be established and cultivated, and when good friends leave office, the process begins again. On March 26, Eric Adams, the new Borough President of Brooklyn, invited Brooklyn’s Hellenes to celebrate […]
The post New B.P. Shows His Greek Appreciation appeared first on The National Herald.
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Four questions markets must not pass over
John Authers on Treasury yields, Greece’s bond issue, emerging markets and the equity bull run
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Greece takes small step on road to recovery
LONDON, April 11 (IFR) - Greece's first bond issue since it inflicted painful losses on bondholders two years ago was hailed as the kick-start the country needs to drag itself out of the financial crisis and the latest sign that Europe has ...
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German Press on Merkel’s Athens Visit
The visit of the German Chancellor to Greece and the issue of a Greek bond have been extensively analyzed by the German
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Golden Dawn MP Supplies Same NGO as Party Thugs Intimidate
Lucrative business deals conducted by members of the Greek neo-Nazi party Golden Dawn were exposed in documents brought to light on Friday
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So, Which Greek Businessmen DID Angela Merkel Meet?
During her visit to Athens Friday, German Chancellor Angela Merkel met various captains of Greek industry. Greece has more opportunities than difficulties, Merkel said
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Europe has subjected the Greek people to a cruel experiment
Greece’s triumphant sale of five-year bonds to hedge funds (1/3) and global in investors – half based in London – tells us a great deal about the mental and emotional state of investors. It tells us very little about the state of the Greek ...
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Greece not out of the woods
German Chancellor Angela Merkel's visit to Athens was a sign of support for the Greek government's austerity measures. But experts warned that the country had not overcome its financial crisis.
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Greek Week Events Day
Greek Week Events DayBowling Green Daily NewsFor Greek Week, Western Kentucky University fraternities and sororities participate in field day activities for events day on Thursday in front of Ivan B. Wilson Fine Arts Center from 3:30 to nearly 6 p.m. Greek Week activities to continue: Tug, battle ...Time for Greeks to grow upMurray State Newsall 2 news articles »
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German Chancellor Merkel visits Athens in show of support for economic reforms
German Chancellor Angela Merkel has travelled to Athens in a visit seen as a show of support for the Greek government’s reform efforts. This comes a day after Greece returned to the international bond markets.
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Greece has more opportunities than difficulties, Merkel says in Athens
Greece has more opportunities than difficulties said German Chancellor Angela Merkel in her opening remarks at a meeting of Greek start-up companies during a one-day visit to Athens on Friday.
Highlighting sectors such as agriculture, tourism and services... ...
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Here's Who Bought Those Greek Bonds
Wall Street Journal (blog)Here's Who Bought Those Greek BondsWall Street Journal (blog)Asset managers including BlackRock Inc., Invesco Ltd. and Legal & General Investment Management were among the buyers in Thursday's blowout Greek bond sale, the country's first long-term debt sale since its international bailout four years ago. Here's ...and more »
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Scarred Greece turns a corner with bond sell-off
Greece has sold more than $US4 billion ($4.25bn) worth of bonds to eager investors, marking a milestone for a country that over the past four years has convulsed global markets, imperilled the euro and precipitated the biggest default in history.
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In Athens, Merkel Seals The Deal
German Chancellor Angela Merkel, visiting Athens on April 11 under tight security the day after a terrorist car bombing and Greece’s first
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EU Task Force’s Head Says Greek Positivity Could Change
In a recent interview with the online edition of German magazine Der Spiegel, the head of the EU’s Task Force in Greece
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Yields on new Greek 5yr bonds rise, traders cite widespread selling
Washington PostYields on new Greek 5yr bonds rise, traders cite widespread sellingReutersLONDON, April 11 (Reuters) - The yield on Greece's new five-year government bond rose on Friday, a day after Athens issued the 3 billion euro debt, its first sale of a new bond in four years. Five-year yields rose 18bp to 5.13 percent, according to Tradeweb ...Italian Bonds Fall on Bet Rally Overdone; Greek Securities SlideBusinessweekGreece Tightens Security Ahead of Merkel's VisitWall Street JournalMerkel Returns to Greece as Germany Eases Up on Euro AreaBloombergKathimerini -Chron.comall 1,204 news articles »
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Greek Fashion Designer Apologizes for Using Skinny Model
The Greek-Australian fashion designer Alex Perry has apologized for casting an extremely thin model on the runway at his show at Sydney‘s Fashion Week. The editor of the fashion magazine Marie Claire, Jackie Frank, was the first to express ...
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New Greek Bonds Oversubscribed By Eight Times
Bidness EtcNew Greek Bonds Oversubscribed By Eight TimesBidness EtcGreece issued five-year bonds yesterday, marking its return to bond markets, where it had remained largely inactive in the last four years. The issue was a huge success, and as of now, is oversubscribed by eight times. The Greek government had priced ...FOREX-Yen ends strong week with dip, euro grinds higherReutersall 17 news articles »
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Merkel, Samaras expected to sign MoU for Greek investment fund, German media reports
Greece and Germany were expected to sign a memorandum of understanding with regard to the development of a Greek investment fund for growth, Germany’s Handelsblatt reported on Friday.
The MoU was expected to be signed by German Chancellor Angela Merkel an... ...
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SYRIZA Opens Lead On New Democracy
The major opposition SYRIZA party has taken a three-point lead in polls over the New Democracy Conservatives of Prime Minister Antonis Samaras.
The post SYRIZA Opens Lead On New Democracy appeared first on The National Herald.
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Merkel In Athens After Bond Sale
Police banned protests across most of central Athens on April 11 as German Chancellor Angela Merkel was to pay a visit.
The post Merkel In Athens After Bond Sale appeared first on The National Herald.
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