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Thursday, June 19, 2014

Buying Into Greek Life: Is It Worth It?

The price of tuition, books and room and board already make for an expensive price tag on a college education. But for hundreds of thousands of students in the U.S. and Canada, the fees don’t end there. Students who choose to join Greek life are going to end up paying [...]

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China vows to be long-term investor in Greek economy

Greek and Chinese officials on Thursday signed more than a dozen bilateral investment and trade agreements as Chinese Premier Li Keqiang launched a three-day visit to Greece by pledging to be “a long-term, responsible investor” in the country. Li, who was... ...

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China Bullish on Greece, $4.6B in Business Deals Signed in Athens

Chinese Prime Minister Li Keqiang oversaw the signing of trade and investment deals worth some $4.6 billion with Greece on Jan. 19 during a visit expected to help boost the recession-plagued country's economy. At a press conference with Greek Prime Minister Antonis Samaras, Li expressed support for bailed-out Greece's economic revival effort.

The post China Bullish on Greece, .6B in Business Deals Signed in Athens appeared first on The National Herald.


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Young People Are Much More At Risk To Be Poor Now

Rising inequality is one of the hottest topics up for debate, especially following the success of French economist Thomas Piketty's book "Capital in the 21st Century."

The OECD is out with a new report on rising income inequality. The key finding that stands out, is that the risk of poverty has shifted from the elderly, those over the age of 65, to young adults, those between the ages of 18 and 25.

Here are the key takeaways from the report:

The 18-25 cohort saw the biggest loss of income once the crisis began, while those over the age of 65 were sheltered from the worst effects. Average household disposable income fell 1%, in inflation adjusted terms, among youth, and 0.7% among the 26-65 cohort. Meanwhile, those over the age of 65 saw a 0.9% increase per year on average. "By 2011, people aged 66 to 75 faced a risk of poverty that was 25% lower than the population average, and which was (for the first time since OECD data are collected) the lowest among all population groups." The income of the poorest 10% of the population fell compared to the top 10%, according to a new OECD report. The largest increases were seen in Spain, Ireland, Greece, Estonia and Iceland, some of the countries that took the biggest blow from the crisis.  The income of the bottom 10% fell by 1.6% per year from 2007 to 2011. Across the OECD, the average drop in income in the poorest 10% was double that of the top 10%. Relative income poverty, which refers to "the share of individuals with an equivalized disposable income below 50% of the national median)" was at more than 20% in Mexico and Israel in 2011. When looking at the period between the crisis and 2011 however, relative income poverty increased the most in Turkey and Hungary. On average, relative poverty impacts about 12% of the population in OECD nations. " In 2011, singles and single parents were between two and three times more likely to be poor than the reference population."

SEE ALSO: We're On The Verge Of The Greatest Transfer Of Wealth In The History Of The World

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Home News WORLD CUP: Greek fans gather on the Danforth for...

Home News WORLD CUP: Greek fans gather on the Danforth for...insideTORONTO.comDanforth Avenue is set for an influx of Greek soccer fans on Thursday, June 19, evening as Greece plays Japan in a World Cup game that is of vital importance to both teams. Greek supporters were also out in big numbers last Saturday afternoon for ...and more »

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Chinese Premier Says His Country Willing to Buy More Greek Bonds

KathimeriniChinese Premier Says His Country Willing to Buy More Greek BondsWall Street JournalATHENS—Chinese Premier Li Keqiang Thursday signaled China's willingness to increase its holdings of Greek government bonds if the country proceeds with a fresh debt issue later this year. Speaking at a news conference with his Greek counterpart, ...Chinese putting wind in sails of Greek recoveryKathimeriniUPDATE 2-China hints at purchase of Greek bonds, reiterates targetsReutersChinese Investments in Greek Privatization ProjectsGreek ReporterPeople's Daily Onlineall 112 news articles »

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Greek Central Bank Chief Questions ECB Lending Program

Greek Central Bank Chief Questions ECB Lending ProgramWall Street JournalEurope News. Greek Central Bank Chief Questions ECB Lending Program. Stournaras Fears Measure May Have Limited Impact on Southern Europe's Hard-Hit Economies. Email; Print; Comments. Facebook. Twitter. Google+. LinkedIn. smaller; Larger. By.and more »

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China hints at purchase of Greek bonds, reiterates targets

* Premier says global economy facing challenges * Li reiterates China's 2014 growth and CPI targets * Says China will remain long-term investor in Greek bonds * Countries expected to sign trade and investment deals (Adds details and background)

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Colombia Just Danced Its Way To The Top Of The World Cup Goal Celebration Standings (GIFs)

Every team at the World Cup is capable of fancy footwork. But no team can move quite like Colombia. For the second time in as many games, los Cafeteros showed off some amazing dance moves to celebrate a goal. After scoring the opening goal in a tense Group C match with the Ivory Coast at Nacional in Brasilia on Thursday, Colombia's James Rodriguez huddled with his teammates near the sideline for an impromptu dance party. (GIF via @haydenhbird) This was not the first time that Colombia showed its celebration game might be the best in Brazil. Following its opening goal of the tournament against Greece, the team delighted fans with another joyous and possibly choreographed celebration. (GIF via @myregularface)

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My Scotland, Our Britain, a Future Worth Sharing

Although we share the same language, religion, history and traditions and have no border disputes or evidence of discrimination, many Scots will vote on September 18th to secede from the United Kingdom. Could this historic nation of just five million people on the northern periphery of Europe make history yet again, leading a new wave of secessionist movements in the advanced industrial world? Could Scotland be the pacemaker for nationalist breakaways in Spain, Belgium Italy and Eastern Europe? And could it demonstrate, as victories for anti-immigrant parties did in last month's European elections, that even the most advanced industrial nations are not immune from nationalist or protectionist movements? No one commemorating the centenary of the First World War can doubt the elemental, explosive power of nationalism. With at least 6,000 identifiable ethnic groupings scattered round the globe, many struggling for recognition in just 200 states, nationalism may yet have many more pages to write in our history books. But it is the quiet yet dramatic rise of a non-violent Scottish nationalism that now has the world watching. There have been no riots, few demonstrations, hardly any petitions and not a moment of civil strife. Scottish assertiveness should surprise no one. In spite of a union that 300 years ago incorporated Scotland into Great Britain, summarily abolished Scotland's Parliament and transferred all political power to London, a strong Scottish national identity has survived an industrial revolution, two world wars and the rise and fall of the British Empire. Consequently, Scotland has never become the North Britain many marked it out to be - we have always been a nation. Today Scotland has its own Parliament with more power to come. But inside the UK, nationalists want to break all remaining links with the UK. Many claim that England is the "first nation" and a great number of Americans believe their country has been blessed by God. But the Scots have always thought of themselves as history makers. Scots, like me, are proud of our record as inventors of everything from the steam engine, chloroform and penicillin to the telephone, television and radar - and of our explorers, missionaries, and empire builders. At the peak of Britain's industrial revolution, Scotland, with just over a tenth of one percent of the global population, produced one-third of the world's ships and one-fifth of the world's steel. We are also proud that, as the first nation in the world to make basic education available to all children and as home to the Enlightenment led by Adam Smith and David Hume, we have played our part in contributing egalitarian values and an ethic of social responsibility to the development of Great Britain. It was these values that encouraged Scottish leaders to ruthlessly abolish their own separate Scottish Poor Law and instead to lead a century-long movement away from Scottish-only solutions to create a UK-wide national insurance system for pensions and the unemployed, a UK-wide guarantee for funding education and, more recently, UK-wide minimum wages and minimum family incomes. It was anger caused by the sight of nurses leaving the beds of patients to run charity flag days to fund the most basic of medical equipment that persuaded Scots to demand an end to their broken patchwork of charity, municipal and private fee paying hospitals. This led to the initial push, during wartime in 1943, for a universal, UK-wide health care system, available free at the time of need and irrespective of whether you were Scots, English, Welsh or Irish. It is these guaranteed social rights of citizenship - shared equally by every resident of all four UK nations irrespective of nationality - that make the UK unique among multinational states. Under the European Union, a single market encourages the free flow of goods, services, money and people, but European lawmakers have been unable to guarantee equal social and economic rights across the 28 countries. Quite simply, richer German workers will not contribute to the pension benefits or health care of the Greek unemployed. Whether you call what Britain has achieved a social market, name it a union for social justice, hail it as the best insurance policy in the world or label it a modern covenant, one thing is unmistakable: the United Kingdom is today defined by its willingness, unparalleled anywhere in the world, to pooling and sharing risks and resources across four nations. It is an arrangement that may have been in Scotland's self-interest as it coped with the loss of its world lead as a manufacturing nation, but the 'sharing' union is also an invention firmly rooted in enduring Scottish values. Britain's experience teaches the world that in this new, interdependent global economy, cooperation across national borders can be so deep that one nation's citizens can help another nation's citizens - sharing the risks each face and sharing the costs of welfare, health care and education. The results have been startling. On average, a citizen in the poorest nation in the EU has one-fifth of the annual income of a citizen in the richest EU nation. In the US, the typical citizen of the poorest state has just 50 percent of the income of their counterpart in the richest state. By contrast, the differences between Scotland and England have been narrowed to a vanishing point, with the earnings of a typical Scot nearing parity to that of their English neighbor. And while redistributive transfers in America take just 25 percent of poor Americans out of poverty, they eradicate the poverty of between 55 percent and 60 percent of the Scots, English, Welsh and Northern Irish poor. It is this unique settlement, a British invention that is a beacon for the world, which is now at risk. Will the world learn, to its cost, that even now nationalist passions can still be so aroused that centuries of integration and cooperation across nations can be brought to a juddering halt? Will people everywhere lose confidence in the ability of separate nations to integrate their economies and cooperate successfully across borders in multinational associations? Or, by continuing to show the world that you can share resources across nations, will the UK become the beacon for all those struggling to balance strong attachment to identity while embracing cultural diversity? Progressives everywhere should hope Scotland's future is as part of Britain -- not apart from it.

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$4.6B deals signed as China premier visits Greece

Channel News Asia.6B deals signed as China premier visits GreecemySanAntonio.comGreek Prime Minister Andonis Samaras, right, looks on as Chinese counterpart Li Keqiang gestures before their meeting in Athens, on Thursday, June 19, 2014. Li is in Greece on a three day official visit during which both sides are expected to sign ...Greece, China sign US.6b in trade, investment dealsChannel News AsiaGreece, China expected to sign three bilateral dealsKathimeriniChinese premier eyes deeper ties with GreeceCCTVDeutsche Welleall 98 news articles »

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Greece, China sign US$4.6b in trade, investment deals

ATHENS: Greece and China on Thursday signed over a dozen trade and investment deals worth some $4.6 billion (3.4 billion euros) as Chinese Prime Minister Li Keqiang began a three-day official visit. "Greece can become China's gateway in Europe, and the ...

READ THE ORIGINAL POST AT www.channelnewsasia.com

Consumer Goods and Services Very Expensive in Greece

According to a survey conducted by the European Statistical Authority, Eurostat, consumer goods and services price levels in Greece have increased  in 2013 by 102 percent, compared to the EU28 average level. Norway and Denmark scored the highest increases with 177 and 140 percent respectively. Sweden was next, with a 125 percent increase compared to EU28 average. Greece also showed a rise in price levels of electronic goods by 103 percent in comparison to the EU28 average. As far as hotel and restaurant prices are concerned, Greece  is above  the EU28 average by 88 percent.

READ THE ORIGINAL POST AT greece.greekreporter.com

Storms cause problems in northern Greece; are expected to continue

Stormy weather resulted in power cuts across several parts of Thessaloniki in the early hours of Wednesday, while a flight scheduled to land at the northern city’s airport on Wednesday night was forced to return to Athens. Meteorologists expect the stormy... ...

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Bail of 1 million euros dropped for former MP

An investigating magistrate on Thursday ordered that a former MP accused of breaching state secret laws does not have to pay 1 million euros in bail. Michalis Karchimakis, an ex-PASOK deputy, was charged after a former official of the Greek Intelligence S... ...

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China and Eurobank boost index

The Greek stock market toed the European line on Thursday, recording notable gains on favorable news such as the deals with China and Eurobank’s successful bond issue. The Athens Exchange (ATHEX) general index closed at 1,286.99 points, expanding 1.31 per... ...

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Greek EU presidency to be cheapest ever?

Greece’s six-month presidency of the European Union, which is set to end on June 30, is likely to be the least costly on record, according to sources at the Foreign Ministry who indicated that less than half of the 50 million euros earmarked for the presidency by former Finance Minister Yannis Stournaras have been spent so far.

READ THE ORIGINAL POST AT www.ekathimerini.com

Greece, China sign $4.6 bn in trade deals as Chinese premier visits

Greece and China on Thursday signed over a dozen accords worth some $4.6 billion (3.4 billion euros) as Chinese Prime Minister Li Keqiang began a three-day official visit.

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World Cup Group C: Japan face Greece in Natal after opening defeats

World Cup Group C: Japan face Greece in Natal after opening defeatsSkySportsJapan and Greece will be looking to get up and running in Group C after defeats in their opening matches. Japan took the lead against Ivory Coast in Recife thanks to Keisuke Honda before slipping to a 2-1 defeat, while Greece were beaten 3-0 by Colombia.

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BRAZIL BEAT: Greek coach Santos big fan of Japanese _ restaurant, that is

BRAZIL BEAT: Greek coach Santos big fan of Japanese _ restaurant, that isFox NewsNATAL, Brazil – Japan and Greece were set to play a critical Group C match on Thursday night, but the Greeks got a bellyful of Japanese before they even came to Brazil. Greece coach Fernando Santos took his team to lunch at a Japanese restaurant in ...and more »

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The Global Inequality Calamity Is Slamming Young People Harder Than Old People

Rising inequality is one of the hottest topics up for debate, especially following the success of French economist Thomas Piketty's book "Capital in the 21st Century."

The OECD is out with a new report on rising income inequality. The key finding that stands out, is that the risk of poverty has shifted from the elderly, those over the age of 65, to young adults, those between the ages of 18 and 25.

Here are the key takeaways from the report:

The 18-25 cohort saw the biggest loss of income once the crisis began, while those over the age of 65 were sheltered from the worst effects. Average household disposable income fell 1%, in inflation adjusted terms, among youth, and 0.7% among the 26-65 cohort. Meanwhile, those over the age of 65 saw a 0.9% increase per year on average. "By 2011, people aged 66 to 75 faced a risk of poverty that was 25% lower than the population average, and which was (for the first time since OECD data are collected) the lowest among all population groups." The income of the poorest 10% of the population fell compared to the top 10%, according to a new OECD report. The largest increases were seen in Spain, Ireland, Greece, Estonia and Iceland, some of the countries that took the biggest blow from the crisis.  The income of the bottom 10% fell by 1.6% per year from 2007 to 2011. Across the OECD, the average drop in income in the poorest 10% was double that of the top 10%. Relative income poverty, which refers to "the share of individuals with an equivalized disposable income below 50% of the national median)" was at more than 20% in Mexico and Israel in 2011. When looking at the period between the crisis and 2011 however, relative income poverty increased the most in Turkey and Hungary. On average, relative poverty impacts about 12% of the population in OECD nations. " In 2011, singles and single parents were between two and three times more likely to be poor than the reference population."

SEE ALSO: We're On The Verge Of The Greatest Transfer Of Wealth In The History Of The World

Join the conversation about this story »


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Bulgaria: Screams and streams

FOR those worried by the Kremlin’s growing influence in Europe, Bulgaria has long been a prime suspect. As much as 90% of its gas comes from Russia. It is an ardent backer of South Stream, a Balkan gas pipeline that Russia is promoting in defiance of European Union rules on public procurement and energy liberalisation. A Russian presence in the murky worlds of Bulgarian banking and political-party finance has also aroused concern.This month the issue has come to a head. On June 3rd the EU flatly told Bulgaria to stop work on South Stream, a project also backed by the governments of Austria, Greece and Hungary. The Bulgarian government—a minority coalition of Socialists and a party of ethnic Turks—instantly refused. On the same day the EU temporarily cut tens of millions of euros in regional-development funds, the distribution of which has long been a bailiwick of the Turkish party, the Movement for Rights and Freedoms (DPS in Bulgarian). The EU has privately threatened to freeze more. This stoked a row inside the coalition between DPS and its Socialist (ex-communist) allies, South Stream’s strongest backers.On June 8th John McCain, an American...

READ THE ORIGINAL POST AT www.economist.com

BLOG: Idaho Delegation Pushing to Make Greek Yogurt Lunch Program ...

BLOG: Idaho Delegation Pushing to Make Greek Yogurt Lunch Program ...Twin Falls Times-News (blog)Mike Simpson are pushing the United States Department of Agriculture to make permanent a pilot program that made Greek yogurt available with school lunches in Idaho and three other states. The USDA approved Greek yogurt with school lunches here and ...

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Greece seeks bidders for $1-B Crete airport

Athens – Chinese, French, German and Spanish firms are vying to build an 800 million euro ($1 billion) airport on the island of Crete, one of a number of projects planned by Greece as it recovers from a recession, the infrastructure minister said. Crete is considered a prime spot because of its strategic location wedged between Europe, Asia and Africa. Greece rolls out the red carpet on June 19 ...

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BRAZIL BEAT: Greece loves Japan

Japan and Greece were set to play a critical Group C match on Thursday night, but the Greeks got a bellyful of Japanese before they even came to Brazil. Greece coach Fernando Santos took his team to lunch at a Japanese restaurant in Athens, where they snacked on sushi and sashimi. Santos says it is his favorite restaurant, but it was chosen by a team sponsor. He called the meal and the match ...

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World Cup pre-game: Japan vs. Greece

The IndependentWorld Cup pre-game: Japan vs. GreeceCBC.caAnd he's Japan's all-time leading World Cup scorer. Greece: Panagiotis Kone. This midfielder had a standout game in an otherwise poor effort by the Greeks against Colombia. Kone had some of their best chances on net, and will look to spark a fire among ...Japan vs Greece World Cup 2014: match previewThe IndependentJapan vs. Greece, 2014 World Cup preview: Samurai Blue should be more ...SB NationGreece vs. Japan preview: 2014 FIFA World CupCBSSports.comSkySports -Mirror.co.uk -The Guardianall 922 news articles »

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Chinese carrier Cosco is transforming Piraeus and has eyes on Thessaloniki

As PM begins official visit to Greece, interest in Mediterranean ports and China's increased presence will be at forefront of talks

Seated in his pristine office overlooking the port of Piraeus, Captain Fu Cheng Qiu sums up the magnitude of China's interest in Greece.

"No other country in Europe offers such potential," he says as cranes in constant motion move containers from ship to dock outside. "We believe that Piraeus can be the biggest port in the Mediterranean and one of the most important distribution centres because it is the gateway to the Balkans and southern Europe."

Continue reading...

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China eyeing new Greek bond issues with long-term view-Li

China is ramping up purchases of Greek bonds and will remain a long-term investor when Greece issues new debt, Premier Li Keqiang said on Thursday, in a show of support for the debt-laden country. "We have never abandoned the Greek bond market but we are increasing our purchases," Li said, speaking through an interpreter, at the start of a three-day visit to Greece. "I have expressed my will to ...

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Japan vs Greece: All the stats, facts and team news for the Group C clash

Japan vs Greece: All the stats, facts and team news for the Group C clashDaily MailSamaras proved a handful down the left hand side for Greece in their Group C opener and will look to be a threat again when faced with skilled right back Atsuto Uchida. The Schalke man will need to keep an eye on the 6ft 4in targetman and has to make ...and more »

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Free Wi-Fi Across Greece

Free Wi-Fi access will be soon available in more than 4,000 public places across Greece.  These include wi-fi hotspots in 302 Greek municipalities, 100 archaeological sites and museums, as well as 200 ports and marinas. Each hotspot will be able to simultaneously serve 40 to 50 users to download at speeds of up to 1.5MB/sec for 30 minutes, under the precondition that they are standing no more than 20 meters away from the hotspot when indoors and 100 meters when outdoors.  Access to information about the city, sites and to municipal services will also be available at these hotspots. The project has been delayed for more than six months due to insufficient state and municipal funds. Greek Deputy Minister for Development and Competitiveness, Odysseas Konstantinopoulos, unblocked funds from the National Strategic Reference Framework (NSRF) today, June 19, for the completion of this project. The budget for the project is 25 million euros, although initial financial estimations did not exceed 13 million euros for its implementation. Greek Prime Minister Antonis Samaras who has openly expressed his interest in this project, was pleased with this development. In the past, the Greek Prime Minister had said: “I promise that free Wi-Fi access will be available across Greece in one year’s time. It will happen. I promise. It is really important for young people and shows that somebody cares about them.”

READ THE ORIGINAL POST AT greece.greekreporter.com

Athens International Airport Best in Europe

Athens International Airport, “Eleftherios Venizelos”, was awarded by Airports Council International-Europe (ACI) as “Europe’s Best Airport for 2014″ in the 10-25 million passenger category.  The Greek airport was distinguished for “its high economic performance in a very challenging context, its excellent work in re-developing its traffic base, while keeping a strong focus on the quality of services.” The CEO of Athens International Airport, Yannis Paraschis, said: “It is higly important that prestigious international bodies place the international airport of Athens at the top of Europe, at such a difficult time for our country. It is basically a Greek success, that not only demonstrates the high level of our services, but also reflects our commitment and contribution to the recovery of Greece.” In 2013, ACI-Europe had honored Athens International Airport with the “Eco-Innovation Award” for its innovative initiatives and actions on issues related to environmental protection.  

READ THE ORIGINAL POST AT greece.greekreporter.com

Chinese Investments in Greek Privatization Projects

Premier of People’s Republic of China Li Keqiang arrived at Eleftherios Venizelos Airport in Athens just before 3:30 p.m. on June for a three-day visit in Greece. His Greek counterpart Antonis Samaras and his wife were there to welcome him. The Chinese Premier disembarked holding hands with his wife Cheng Hong. Beijing has declared its intentions to take part in Greek privatization projects by investing funds in public companies. The Greek government believes that the Chinese PM’s visit will open a series of new investments in Greece. It is indicative that China Development Bank is ready to sign funding agreements with Greek shipowners who are willing to build ships in China. China Development Bank will also examine the possibility of granting loans to Greece for upgrading its port infrastructure. Li Keqiang is accompanied by representatives of business groups and state institutions that will participate in more than 100 meetings of the Greek-Chinese Maritime Co-operation Forum. The Chinese intend to invest in five sectors, namely shipping, Piraeus Port, Eleftherios Venizelos Airport, Kastelli Airport in Crete, and Hellenico. More specifically, three shipping agreements are expected to be signed.  

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Germany Returns Ancient Greek Artifacts Stolen by Nazis

After 70 years, the German government returns thousands of neolithic findings that were transferred to Germany during the occupation of Greece. The ancient Greek artifacts were stolen by the Nazi forces and the Greek governments of the past 70 years had ...

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Chinese Premier arrives in Athens, holds talks with Samaras

Chinese Premier Li Keqiang arrived in Athens on Thursday for a landmark three-day visit during which Greek and Chinese officials are expected to sign several key deals in the trade, energy and shipping sectors. The Chinese Premier was welcomed at the Athe... ...

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Why Greece is rolling out the Red Carpet to Li Keqiang's Chinese Investment

The final stop of Li Keqiang's European roadshow takes the Chinese premier to Greece, where he will thrash out another series of trade and investment deals, the size of which would bring water to even the steeliest of eyes. The three-day visit will put the ...

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John Terry posts shirtless snap from Greek getaway after opening Instagram ...

Daily MailJohn Terry posts shirtless snap from Greek getaway after opening Instagram ...Daily MailJohn Terry posts shirtless snap from Greek getaway after opening Instagram account...before sharing intimate flashback shot of wife Toni in her wedding dress. By Jason Chester. Published: 05:51 EST, 19 June 2014 | Updated: 09:13 EST, 19 June 2014.

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EU's Rehn says concerned about pace of reforms in Greece

Greece must step up reforms, the EU's top economic official said on Thursday, urging the double bailed-out euro zone country with a debt nearly triple the size of the EU limit to return to "a credible path." "I'm concerned about the slowing down of the process of reforms in Greece," EU Economic and Monetary Affairs Commissioner Olli Rehn said before a meeting of euro zone finance ministers in ...

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Greek Shipowners Spend Freely as Country Suffers

The Greek economy continues to suffer, but the country's shipowners are spending as though there were no crisis. Once popular, Greece's shipping companies are now widely reviled. There was a time when Greece's shipowners adorned the covers of gossip ...

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The Yogurt Market and Yogurt Innovation: Greek Yogurt and Beyond

LONDON, June 19, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: The Yogurt Market and Yogurt Innovation: Greek Yogurt and Beyond http://www.reportbuyer.com/food_drink/dairy/yogurt/yogurt_market_yogurt_innovation.html ...

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USDA chooses Chobani Greek yogurt for school lunch expansion in 7 states

TheStreet.comUSDA chooses Chobani Greek yogurt for school lunch expansion in 7 statesThe Post-StandardThe U.S. Department of Agriculture has selected Chobani Greek yogurt, based at this plant in Chenango County, as the sole supplier of a school lunch pilot program that will expand to 12 states this fall. U.S. Sen. Charles Schumer said the designation ...Greek yogurt is coming to a school near you, per a federal pilot programTimes Herald-RecordThe Yogurt Market and Yogurt Innovation: Greek Yogurt and BeyondDigitalJournal.comChobani Prepares a Major Supermarket InvasionTheStreet.comall 4 news articles »

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Greek media show strong interest in Chinese premier's visit

ATHENS, June 19 (Xinhua) -- Greek print and electronic media have given extensive coverage to Chinese Premier Li Keqiang's visit, with a strong focus on the future of bilateral cooperation. Ahead of his arrival here Thursday afternoon, several local ...

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Japan vs. Greece: Tactical Preview of World Cup Group C Match

Bleacher ReportJapan vs. Greece: Tactical Preview of World Cup Group C MatchBleacher ReportThe first round of group-stage matches is in the books at the FIFA World Cup 2014, and now we turn our attention to the second lot. Group C featured two winners and two losers in the opening round of fixtures, and here we preview the two sides who are ...

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Albania cracks down on marijuana production in key southern village

By Benet Koleka LAZARAT Albania (Reuters) - The smoke from burning marijuana plants billowed from a dozen houses on Day Five of Albania's most serious move yet against a southern village, armed to the teeth, that has churned out weed on an industrial scale for more than 15 years. Lazarat has long blighted Albania’s efforts to shed the image of a Balkan badlands since it threw off communism in 1991. With the fruits of its labor turning up in Italy, Greece and, last year, Germany, Albania has come under increasing pressure from the European Union to crack down on drug producers long considered untouchable, out of reach of the law thanks to a web of corrupt connections to the police and politicians. Albania hopes to get approval later this month from each of the EU’s 28 member states to become an official candidate for inclusion in the group.

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Chinese prime minister on official visit to Greece

ATHENS, Greece (AP) — Chinese Prime Minister Li Keqiang has arrived on an official three-day visit to Greece, which the Greek government hopes will lead to trade and investment deals that will boost the recession-plagued economy.

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Florida craftsman's diving helmets are jewels of the sea

By Saundra Amrhein TARPON SPRINGS Fla. (Reuters) - In a wood-frame building at the waterside, near a touristy strip of Greek restaurants selling baklava, the craftsman carries on a family tradition as he pounds away at copper sheeting, hand crafting helmets for sponge divers. Artisan Nicholas Toth is among the last to carry on the century-old family skill. Though rarely worn nowadays, Toth's ...

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China's Li on 3-day visit to recession-mired Greece, which hopes for trade, investment deals

Chinese Prime Minister Li Keqiang has arrived on an official three-day visit to Greece, which the Greek government hopes will lead to trade and investment deals that will boost the recession-plagued economy.

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Greece, China expected to sign three bilateral deals

Greek and Chinese officials are expected to sign three key bilateral deals as China Premier Li Keqiang arrives in Athens on Thursday for a three-day visit. Greek Merchant Marine Minister Miltiadis Varvitsiotis and members of the 14-member Chinese delegati... ...

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Recycling Medea Premiers in America

By Fotis Papagermanos NEW YORK – Art is thought-provoking, and many questions crossed the minds of audience at the U.S. premiere of “Recycling Medea,” the film directed by Asteris Kutulas and scored by renowned Greek composer Mikis Theodorakis. “Is it a new film or is it a mere recycling” – as the title declares – […]

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Greek Cabbies Warn Summer Strike

With Greece enjoying what looks like a second straight record year for tourism, Greek cabbies have threatened to ride off the job unless they get lower taxes.

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New Greek University Strikes

Greek universities, shut down for three months last year, were closed again for June 19-20 after school officials demanded the rehiring of all 1,134 laid-off staff.

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