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Thursday, July 3, 2014

Greek Cypriot status for 64 years but family told to re-register as Turkish ...

Greek Cypriot status for 64 years but family told to re-register as Turkish ...Cyprus MailA family of Palestinian origin, legally regarded as Greek Cypriot for 64 years was told by immigration that they must now register as Turkish Cypriot despite having no ties to the Turkish Cypriot community. Ombudswoman Eliza Savvidou has slammed ...

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Greek strike threatens power cuts

Many parts of Greece are facing power cuts, as electricity workers stage rolling strikes in protest at a government privatisation programme.

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Greece's OPAP offers voluntary redundancy scheme

KathimeriniGreece's OPAP offers voluntary redundancy schemeKathimeriniGreece's betting monopoly OPAP has begun a voluntary redundancy scheme for about three-quarters of its staff to cut costs, one of its biggest unions said on Thursday. OPAP, one of Europe's largest betting companies, declined to say whether it was ...Greece's OPAP offers voluntary redundancy scheme -unionReutersall 2 news articles »

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Greeks Gone West: Demetre Costas Daskalakis

Greeks Gone West is a series of video vignettes the US Embassy in Athens made about the world of work in the US. Through the prism of Greeks and Greek-Americans with interesting work lives, we hope to improve the understanding of US society and to show po... ...

READ THE ORIGINAL POST AT www.ekathimerini.com

Greeks Gone West: Demetre Costas Daskalakis

Greeks Gone West is a series of video vignettes the US Embassy in Athens made about the world of work in the US. Through the prism of Greeks and Greek-Americans with interesting work lives, we hope to improve the understanding of US society and to show po... ...

READ THE ORIGINAL POST AT www.ekathimerini.com

Greece threatened by power cuts as workers strike

Many parts of Greece are facing power cuts, as workers from the Public Power Corporation (PPC) stage rolling strikes in protest at a government privatisation programme. The walkout means many homes will have no electricity at the height of summer.

READ THE ORIGINAL POST AT www.bbc.co.uk

17 Ways to Enjoy Greek Yogurt

Maybe it's because I live near Chobani, one of the largest manufacturers in the entire country, but I am obsessed with Greek yogurt. As a vegetarian, too, I am always looking for tasty, convenient sources of meat-free protein to add to my diet. To avoid ...

READ THE ORIGINAL POST AT www.wisebread.com

Power cuts in Greece amid anti-privatization strike

Greece faced nationwide power cuts on Thursday as a rolling strike began against government plans to break up the country's main electricity provider. State power distribution operator DEDDIE said one-hour cuts would be imposed from midday in various part... ...

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Independent Greeks back SYRIZA proposal for referendum on PPC

Independent Greeks have thrown their weight behind SYRIZA's proposal for a referendum on privatizing part of Public Power Corporation (PPC). In a statement Thursday, the country's right-wing anti-bailout party said leader Panos Kammenos had called leftist... ...

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Muses, Greek food take spotlight in culminating event of EU Culinary Season 2014

Muses, Greek food take spotlight in culminating event of EU Culinary Season 2014Philippine StarMANILA, Philippines - It was an evening to showcase Greek culture. Young Filipino women, clad in enchanting Greek muses' attire, were like the perfect mousai or muses personified to usher guests, while Geek flags and miniature gazebos provided the ...

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Significant differences in government debt held by non-residents

by  KG/EUROPA

In 2013, in the EU28, 81% of government debt was financed by issuing securities (bills, bonds, etc. excluding shares and financial derivatives), 16% by loans and 4% by currency and deposits.

This information comes from a report, released by Eurostat, the statistical office of the European Union. This report, based on a survey of the structure of government debt, provides information on general government debt broken down by subsector, financial instrument, debt holder, maturity, currency of issuance as well as government guarantees and other features.

Malta, Czech Republic and United Kingdom: 90% or more of government debt financed by securities other than shares

In 2013, Malta (92% of total government debt), the Czech Republic and the United Kingdom (both 90%), Belgium and Slovenia (both 87%), Slovakia (86%), France and Italy (both 84%) registered the highest proportions of debt financed by securities. The use of loans was highest in Estonia (86%), Greece (75%), Cyprus (59%) and Latvia (54%). The use of currency and deposits was in general very low, except in Ireland (10%), the United Kingdom (9%) and Italy (8%).

Government debt held by non-residents ranged from 82% in Finland to 2% in Luxembourg

There was a significant difference between Member States in which sector held the government debt. In 2013, the share of public debt held by the non-resident sector was highest in Finland (82% of total government debt), Latvia (80%), Austria (72%), Lithuania (70%), Slovenia (69%) and Portugal (66%). The largest shares of debt held by the resident financial sector were observed in Luxembourg (98%), Romania (71%) and Croatia (63%). Generally, 10% or less of debt was held by the resident non-financial sector, with the exception of Poland (34%), Malta (33%) and Italy (13%).


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Santos gives Greek players 11 out of 10 for passion, sees bright future

KathimeriniSantos gives Greek players 11 out of 10 for passion, sees bright futureKathimeriniSantos took Greece into the second round of the World Cup for the first time in its history but appeared unhappy about the performance of his players. However, the Portuguese coach insisted in his interview that he felt the Greek players had given ...

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Greece to offer oil and gas companies tax cuts to develop offshore fields

Greece's Energy minister, Yiannis Maniatis spent the first days of July in London launching the country’s most ambitious programme so far to develop its untapped hydrocarbon potential. Greece has made several fruitless attempts over the years to find big ...

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The change that never was

When Greece’s financial crisis broke out in 2010, the country had already entered a phase of multifaceted decline. The widespread yet false mood of prosperity could not hide the fact from the sober observer. One could argue that this misguided exuberance ... ...

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Poll shows Greeks reluctant to swap goods, buy used items

Most Greeks are reluctant to barter or buy second-hand items, a new study has shown. According to the Public Issue survey, which was commission by WWF's “Kalyteri Zoi” (Better Life) program, only 12 percent of Greeks had swapped some kind of good over the... ...

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Markets poised for US jobs report and European Central Bank meeting

Bumper day for economic news, with the latest US non-farm payroll and the ECB's monthly press conference.

Coming up today...

American jobs report - what's expected

Greece power workers to strike against privatisation plan

8.35am BST

Shares in Balfour Beatty have slumped 10% after a disappointing trading update this morning.

design changes, project delays, rework on projects and contractual disputes on a number of projects.

8.17am BST

Greek citizens face the prospect of power cuts today, as workers at the country's Public Power Corporation begin a series of rolling blackouts.

They're protesting against the government's plans to sell off PPC, as part of its bailout programme. A bill to partly privatise the company is being debated in parliament today.

There is no danger of a blackout,

We are going on strike at all of PPCs production units and mines from Komotini to Arcadia but nobody said that all the plants would go off line at the same time. The action will be staggered because nobody wants the country to be plunged into darkness.

good morning! and here we are in #greece, waiting for the lights to go out. (literally, as figuratively we've been in darkness for a while)

8.09am BST

As usual, economists have a wide range of forecasts for how many new jobs were created across the US economy last month.

Predictions for today's non-farm payroll range from a paltry 160,000 new jobs to a rip-roaring 290,000.

That would be similar to Mays increase of 217,000 and would probably be enough to push the unemployment rate down to 6.2%, from 6.3% in May

Initial jobless claims have remained close to a seven-year low and the employment balances of most of the activity surveys have improved.

8.00am BST

Good morning, and welcome to our rolling coverage of the financial markets, the world economy, business and the eurozone.

Later today will see EU services PMIs, ECB, NFP, ISM non-manf all ahead of a US holiday tomorrow....

Continue reading...

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Blackstone buys 10 pct stake in Greek real estate developer Lamda

Private equity group Blackstone acquired a 10 percent stake in Greek real estate developer Lamda for 20.2 million euros ($28 million), the latest move by foreign funds warming to Greece's recovery prospects, Lamda said on Wednesday. Lamda Development said... ...

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How to make the perfect Greek salad

I was amazed to discover we hadn't yet tackled the Greek, or village, salad in this column. It seems a glaring omission for what is clearly a bona fide summer classic – or, if you're Nigella Lawson, an "abominated fixture in the culinary canon which no ...

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The daily quiz: Greek letters and Granny Smiths

In today's quiz, we test your knowledge of Lib Dems, Lewis Carroll, medical procedures, Olympic sports and apple typesFollow @GuardianQuiz on Twitter for daily notifications Would you like to set the quiz? Email 10 questions to daily.quiz@theguardian.com along with your name, and they may be used in the weekly Friday readers' edition Continue reading...

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Greece, Europe come out of Greek presidency stronger, journey continues

Greece, Europe come out of Greek presidency stronger, journey continuesXinhuaATHENS, July 2 (Xinhua) -- Greece ended its six-month European Union (EU) presidency term on June 30, successfully meeting the objectives it set for itself, according to the assessment of Greek and European officials and analysts. Greece and Europe ...

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Greek illegal gambling worth 5 billion euros a year

Greeks place illegal bets worth 5bn euros (£4bn; $6.8bn) a year, says the country's "transparency tsar". General secretary for transparency Giorgos Sourlas proposes a comprehensive crackdown on illegal gambling operations, which are "harming the national ...

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GREEK TRANSLATION

Looking in the Internet search engines, you can find plenty of Greek translators, including free of charge on-line translators, and they are probably acceptable if you just require a simple translation. However, what do you do if you want a contract ...

READ THE ORIGINAL POST AT www.prfire.co.uk

Major medal haul for Greek riders at Balkan dressage champs

Greek riders returned to their familiar position of dominance at the FEI Balkan Dressage Championships for Children, Juniors and Seniors 2014 which took place at Novi Sad in Serbia last weekend. Traditionally the ones to beat, they had to share the top ...

READ THE ORIGINAL POST AT horsetalk.co.nz

The Big Greek Food Fest of Niles is July 18-20

Read the press release below for more information: The St. Haralambos Greek Orthodox Community of Niles invites you to share our Big Greek Hospitality, right in Niles! Experience the scents, sounds and tastes of a Greek village festival at the 2014 BIG ...

READ THE ORIGINAL POST AT niles.suntimes.com

Review: Costas Taverna Greek Restaurant

Review: Costas Taverna Greek RestaurantStuff.co.nzCostas Taverna - or its more formal title, Greek Restaurant and Ouzo Bar - in Cranford St, Redwood, is more about generous hospitality and a good meal than a stage for patrons to show off singing/dancing skills. For that we must be thankful. The ...

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