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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, July 17, 2014

Prior actions ‘not a problem’ for coalition, sources say

Greek authorities are on track to complete a second set of six prior actions demanded by the troika in exchange for another 1 billion euros in rescue loans, government officials told Kathimerini Thursday in Brussels where Prime Minister Antonis Samaras ha... ...

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HFSF confident banks will cover their needs this fall

The results of the stress tests that Greece’s four systemic banks will undergo along with 124 other European lenders will be announced in the second half of October, the European Central Bank announced on Thursday, but even if the tests do show any additi... ...

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Cruise visitors set to rise by 15 pct in 2015

Cruise tourism officials are expecting the number of passengers visiting Greece to increase by about 15 percent in 2015 compared with this year, given the data compiled to date. Industry insiders are anticipating that the number of passengers coming to Gr... ...

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Greece Faces Uphill Battle to Tackle Crisis

HALIFAX, NOVA SCOTIA (IDN) - Greece faces the unenviable choice between accepting the terms of “the Troika” and facing the continuation and deepening of a socio-economic crises, which includes five years of negative growth, over 23% unemployment, an ...

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Ancient artefacts gifted to Uni's Logie Collection

An ancient Greek mug, dated about 330-320BC, has been gifted to the University of Canterbury’s James Logie Memorial Collection.

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Greek police cyber crimes unit averts suicide

Officers of the police’s cyber crimes unit said on Thursday that they averted a planned suicide on Wednesday night after tracing the person who had expressed the intention to end his life in an online chat room. Officers traced the web user, who had taken... ...

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Greek bill paves way for development on forestland

A new forestry bill that allows more scope for construction in forested areas was unveiled on Thursday by Alternate Environment Minister Nikos Tagaras. The new legislation allows the building of housing developments, monasteries and motocross circuits, am... ...

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Court raps Greece for island landfill

The European Court of Justice has condemned Greece for violating waste management laws while also degrading the natural habitat of the endangered loggerhead sea turtle (Caretta caretta) on the Ionian island of Zakynthos. The court rapped Greek authorities... ...

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Euro zone periphery on recovery track but deflation a worry: Reuters poll


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Petra Estiatorio brings fresh Greek flavors to Roxbury


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Greek diver injured as springboard breaks


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Greeks Gone West: Alexandra Patsavas

"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 ... ...

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Ford Escape Dealer Greece, NY


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Engineering An Empire: Greece


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1st International Bollywood Dance Competition in Greece


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Reload Greece Conference


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Travel service Greece Athens Greece 2013 2014


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Rent Villas in Greece


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Impossible Bridges Greece


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LIVE


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Article


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Roasted Potato and Macaroni Salad with Greek Yogurt


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KARA PARA ASK


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Dannon Oikos Greek Yogurt The Spill


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BC-SOC--Europa League Glance

by  Associated Press BC-SOC--Europa League Glance Associated Press - 17 July 2014 11:01-04:00 BC-SOC--Europa League Glance Europa League At A Glance By The Associated Press SECOND QUALIFYING RD First Leg Thursday, July 17

Astana (Kazakhstan) 3, Hapoel Tel Aviv (Israel) 0

Kairat (Kazakhstan) vs. Esbjerg (Denmark), 1400 GMT

KF Laci (Albania) vs. Zorya Luhansk (Ukraine), 1500 GMT

MFK Kosice (Slovakia) vs. Liberec (Czech Republic), 1500 GMT

Neftchi Baku (Azerbaijan) vs. Koper (Slovenia), 1500 GMT

Dinamo Minsk (Belarus) vs. MyPa-47 (Finland), 1530 GMT

FK Buducnost Podgorica (Montenegro) vs. AC Omonoia (Cyprus) in Niksic, 1530 GMT

Trencin (Slovakia) vs. FK Vojvodina (Serbia), 1530 GMT

Atlantas (Lithuania) vs. Shakhter Karagandy (Kazakhstan), 1600 GMT

FC Zestafoni (Georgia) vs. Spartak Trnava (Slovakia), 1600 GMT

Elfsborg (Sweden) vs. FC Inter Baku (Azerbaijan), 1600 GMT

Nomme Kalju (Estonia) vs. Lech Poznan (Poland), 1600 GMT

RoPS Rovaniemi (Finland) vs. Asteras Tripoli (Greece) in Oulu, 1600 GMT

Ruch Chorzow (Poland) vs. FC Vaduz (Liechtenstein), 1600 GMT

Petrolul Ploiesti (Romania) vs. Flamurtari Vlore (Albania), 1630 GMT

Botev Plovdiv (Bulgaria) vs. SKN Sankt Polten (Austria) in Burgas, 1645 GMT

IF Brommapojkarna (Sweden) vs. Crusaders F.C. (Northern Ireland), 1700 GMT

FK Mlada Boleslav (Czech Republic) vs. NK Siroki Brijeg (Bosnia-Herzegovina), 1700 GMT

Neman Grodno (Belarus) vs. Fimleikafelag Hafnarfjaroar (Iceland), 1700 GMT

Rosenborg (Norway) vs. Sligo Rovers (Ireland), 1700 GMT

CFR Cluj (Romania) vs. Jagodina (Serbia), 1730 GMT

CSKA Sofia (Bulgaria) vs. Zimbru Chisinau (Moldova), 1730 GMT

FC Lucerne (Switzerland) vs. St. Johnstone (Scotland), 1730 GMT

Litex Lovech (Bulgaria) vs. Diosgyor (Hungary), 1745 GMT

Gyor (Hungary) vs. IFK Goteborg (Sweden), 1800 GMT

Vikingur (Faeroe Islands) vs. Tromso (Norway) in Toftir, 1800 GMT

Zulte Waregem (Belgium) vs. Zawisza (Poland), 1800 GMT

Bursaspor (Turkey) vs. Chikhura Sachkhere (Georgia), 1830 GMT

JK Sillamae Kalev (Estonia) vs. FC Krasnodar (Russia), 1830 GMT

Metalurg Skopje (Macedonia) vs. FK Zeljeznicar (Bosnia-Herzegovina), 1830 GMT

Molde FK (Norway) vs. ND Gorica (Slovenia), 1830 GMT

RNK Split (Croatia) vs. Hapoel Be'er Sheva (Israel), 1830 GMT

Rijeka (Croatia) vs. Ferencvaros (Hungary), 1830 GMT

Aberdeen (Scotland) vs. FC Groningen (Netherlands), 1845 GMT

Derry City FC (Ireland) vs. Shakhtyor Salihorsk (Belarus), 1845 GMT

Dundalk (Ireland) vs. Hajduk Split (Croatia), 1845 GMT

Linfield (Northern Ireland) vs. AIK Solna (Sweden) in Lurgan, 1845 GMT

Motherwell (Scotland) vs. Stjarnan (Iceland), 1845 GMT

FK Sarajevo (Bosnia-Herzegovina) vs. Haugesund (Norway), 1900 GMT

Cukaricki (Serbia) vs. SV Grodig (Austria), 1905 GMT

Second Leg Tuesday, July 22

FK Zeljeznicar (Bosnia-Herzegovina) vs. Metalurg Skopje (Macedonia), 1900 GMT

Thursday, July 24

Hapoel Tel Aviv (Israel) vs. Astana (Kazakhstan), TBA

Shakhter Karagandy (Kazakhstan) vs. Atlantas (Lithuania), 1230 GMT

MyPa-47 (Finland) vs. Dinamo Minsk (Belarus), 1530 GMT

AC Omonoia (Cyprus) vs. FK Buducnost Podgorica (Montenegro), 1600 GMT

FC Inter Baku (Azerbaijan) vs. Elfsborg (Sweden), 1600 GMT

FC Krasnodar (Russia) vs. JK Sillamae Kalev (Estonia), 1600 GMT

Hajduk Split (Croatia) vs. Dundalk (Ireland), 1600 GMT

Haugesund (Norway) vs. FK Sarajevo (Bosnia-Herzegovina), 1600 GMT

AIK Solna (Sweden) vs. Linfield (Northern Ireland) in Stockholm, 1700 GMT

Chikhura Sachkhere (Georgia) vs. Bursaspor (Turkey), 1700 GMT

Esbjerg (Denmark) vs. Kairat (Kazakhstan), 1700 GMT

FC Vaduz (Liechtenstein) vs. Ruch Chorzow (Poland), 1700 GMT

Flamurtari Vlore (Albania) vs. Petrolul Ploiesti (Romania), 1700 GMT

Hapoel Be'er Sheva (Israel) vs. RNK Split (Croatia), TBA

IFK Goteborg (Sweden) vs. Gyor (Hungary), 1700 GMT

Lech Poznan (Poland) vs. Nomme Kalju (Estonia), 1700 GMT

Liberec (Czech Republic) vs. MFK Kosice (Slovakia), 1700 GMT

SV Grodig (Austria) vs. Cukaricki (Serbia) in Salzburg, 1700 GMT

Shakhtyor Salihorsk (Belarus) vs. Derry City FC (Ireland), 1700 GMT

Spartak Trnava (Slovakia) vs. FC Zestafoni (Georgia) in Zlate Moravce, 1700 GMT

Tromso (Norway) vs. Vikingur (Faeroe Islands), 1700 GMT

Zimbru Chisinau (Moldova) vs. CSKA Sofia (Bulgaria), 1700 GMT

Zorya Luhansk (Ukraine) vs. KF Laci (Albania) in Kiev, 1700 GMT

FC Groningen (Netherlands) vs. Aberdeen (Scotland), 1730 GMT

Asteras Tripoli (Greece) vs. RoPS Rovaniemi (Finland), 1800 GMT

FK Vojvodina (Serbia) vs. Trencin (Slovakia), 1800 GMT

Sligo Rovers (Ireland) vs. Rosenborg (Norway), 1800 GMT

Zawisza (Poland) vs. Zulte Waregem (Belgium), 1800 GMT

Diosgyor (Hungary) vs. Litex Lovech (Bulgaria) in Nyireghaza, 1830 GMT

Ferencvaros (Hungary) vs. Rijeka (Croatia), 1830 GMT

Jagodina (Serbia) vs. CFR Cluj (Romania), 1830 GMT

Koper (Slovenia) vs. Neftchi Baku (Azerbaijan), 1830 GMT

ND Gorica (Slovenia) vs. Molde FK (Norway), 1830 GMT

NK Siroki Brijeg (Bosnia-Herzegovina) vs. FK Mlada Boleslav (Czech Republic), 1830 GMT

Crusaders F.C. (Northern Ireland) vs. IF Brommapojkarna (Sweden), 1845 GMT

St. Johnstone (Scotland) vs. FC Lucerne (Switzerland), 1845 GMT

SKN Sankt Polten (Austria) vs. Botev Plovdiv (Bulgaria) in St. Polten, 1905 GMT

Fimleikafelag Hafnarfjaroar (Iceland) vs. Neman Grodno (Belarus), 1915 GMT

Stjarnan (Iceland) vs. Motherwell (Scotland), 1915 GMT

News Topics: Soccer, Men's soccer, Sports, Men's sports, Professional soccer

People, Places and Companies: Hungary, Croatia, Norway, Slovakia, Bulgaria, Romania, Czech Republic, Belarus, Sarajevo, Montenegro, Estonia, Macedonia, Ireland, Minsk, Sofia, Plovdiv, Poland, Albania, Skopje, Georgia, Kazakhstan, Baku, Poznan, Azerbaijan, Tel Aviv, Switzerland, Israel, Turkey, Moldova, Chisinau, Serbia, Astana, Iceland, Slovenia, Austria, Ukraine, Finland, Northern Ireland, Podgorica, Liechtenstein, Vaduz, Faroe Islands, Eastern Europe, Europe, Western Europe, Bosnia and Herzegovina, Central Asia, Asia, Middle East, United Kingdom

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Thunder: Meet Greek big man Sofoklis Schortsanitis, a short-tempered Baby Shaq


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SETE, Greek Tourism Confederation, Enters Data Partnership with ReviewPro


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Stocks in News: National Bank of Greece (ADR) (NYSE:NBG), WEX (NYSE:WEX), KapStone Paper ...


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Environment: EU court slams Greece over sea turtles


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New Greek airline to shuttle tourists around islands


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Atheist Invocation in Greece, NY Focuses on Founding Fathers, Declaration of Independence


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The top 10 swimmers in art

When it's hot, everybody loves a good dip. And from David Hockney's famous splash to kids in pools and ancient divers, here are the best swimming scenes yet captured by artists on canvas and mammoth tusk...

The top 10 crime scenes in artThe 10 most shocking performance artworksThe top 10 female nudes in artThe top 10 male nudes in art

Everything that everybody associates with the Mediterranean is encapsulated in this wall painting from Paestum, an ancient Greek city in southern Italy. The anonymous classical artist has sensually portrayed the arc of a diver's body as he glides into the sea. It looks as hedonist as Hockney's A Bigger Splash and as with all ancient Greek art, the homoeroticism is totally intentional. Yet it was painted in a tomb, and the depths towards which the man is diving must be those of death itself.

Continue reading...

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Turkey takes Greece's place as China's cherry supplier


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Tourists Shot as Greece Nabs 'Most Wanted' Fugitive

Nikos Maziotis was a member of Revolutionary Struggle, a group known for firing a rocket-propelled grenade into the U.S. Embassy.

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EU countries are dismantling barriers to the European Single Market

by  KG/EUROPA

Since last summer, EU countries have stepped up their efforts to make it easier to live, work or do business in another EU country, according to the latest edition of the Single Market Scoreboard released by the European Commission today.

The Scoreboard indicates to what extent EU Member States and European Free Trade Area (EFTA) countries implement EU rules that are there to help citizens prosper in the single market; how Member States cooperate in a number of policy fields where coordination is essential; and how much information and assistance they provide to citizens and businesses on their opportunities within Europe.

The Scoreboard provides country-specific information and analyses in detail how certain governance tools function and policies are applied in each country. The scope of the Single Market Scoreboard has been extended to two specific policy areas: public procurement and postal services.

Main conclusions

A "traffic light” chart shows at a glance how individual Member States have performed in terms of the governance tools and policy areas monitored, including the correct transposition of EU directives, infringement proceedings, administrative cooperation networks and various information and problem-solving services. The Commission has given red, yellow and green 'cards' based on their performance in the given fields.

Of the 11 EU countries that performed better than the EU average in all areas monitored, the most impressive result was achieved by Estonia (8 "green cards") and Finland (7 "green cards"). 31 times Member States' performance was below average which resulted in "red cards".

EU countries have significantly improved their performance since the last edition of the Scoreboard . The Commission has now given 109 green cards (compared to 99 in February 2014), 106 yellow (up from 94 in February 2014) and 20 red (down from 30 in February 2014). This does not include public procurement figures as they are published for the first time.

Transposition

During the last six months the average transposition deficit - the percentage of Single Market Directives that have not been transposed into national law in time - has remained unchanged at 0.7%. Despite having joined the EU only recently, Croatia scores best with only 0.1% while Italy reached its best result ever (0.7%) by halving its previous deficit. Greece, Finland and the United Kingdom also reached their best result ever. On the negative side, five Member States remain above the 1% target.

Infringements

On Single Market related infringement proceedings, the EU average number of pending cases has increased for the first time since November 2008, which shows that, after a constant decrease of this global number (mainly due to the establishment of early problem-solving systems like SOLVIT and EU-Pilot), the situation seems to have stabilised. The major concerns continue to be mainly in the areas of the environment, taxation and transport.

Public procurement

The Commission has compared several aspects of public procurement in European Economic Area (EEA) countries. It examined the participation rate of bidders, which gives an indication of levels of competition and red tape; the accessibility of tenders to bidders; and the efficiency of procurement procedures. The best EU performers in this regard were Sweden, Luxembourg and Finland; the worst were Italy, Greece, and Cyprus. Overall, in the areas analysed, 8 of the 12 EU Member States who joined the EU in 2004 and 2007 tend to underperform. The results also highlight significant differences in the quality of reporting by Member States.

Postal services

In the field of postal services it can be observed that domestic postal transit times are still faster in the west and south of Europe than in the east. Cross-border priority mail sometimes can cost twice as much as the domestic equivalent.

Prices for domestic and cross-border mail are quite divergent in nearly all Member States. Finland is the only country that does not make any difference between the price of delivery within the country or to another EU Member State.

 


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Market Movers: National Bank of Greece (ADR) (NYSE:NBG), Sprint Corporation (NYSE:S), AT&T ...


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Fugitive's arrest not a 'chance event' says minister

The arrest of one of Greece’s most wanted men in central Athens on Wednesday was not a chance event according to Public Order Minister Vassilis Kikilias. Speaking on Mega channel on Thursday Kikilias noted that police operations under way following the de... ...

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Former Coventry City goalkeeper Luke Steele set to sign for Greek side Panathinaikos


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It's official! England are now worse than Greece, Costa Rica, Mexico and USA


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Eurozone inflation at 0.5% in June

by  KG/EUROPA

Euro area annual inflation was 0.5% in June 2014, stable compared with May. A year earlier the rate was 1.6%. Monthly inflation was 0.1% in June 2014.

European Union annual inflation was 0.7% in June 2014, up from 0.6% in May. A year earlier the rate was 1.7%. Monthly inflation was 0.1% in June 2014.

These figures come from Eurostat, the statistical office of the European Union.

In June 2014, negative annual rates were observed in Bulgaria (-1.8%), Greece (-1.5%), Portugal (-0.2%), Hungary and Slovakia (both -0.1%). The highest annual rates were recorded in the United Kingdom (1.9%), Austria (1.7%) and Luxembourg (1.2%). Compared with May 2014, annual inflation fell in ten Member States, remained stable in four and rose in fourteen.

The largest upward impacts to euro area annual inflation came from tobacco (+0.08 percentage points), restaurants & caf├ęs (+0.07 pp) and rents (+0.06 pp), while vegetables (-0.14 pp), telecommunications and fruit (-0.11 pp each) had the biggest downward impacts.


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EU pledges further conditional support to Greece

Finance Ministers of the European Union on Monday pledged extra support to Greece, on condition of Greece adhering to commitments to the International Monetary Fund and EU financial programs at the Eurozone Finance Ministers' meeting in Brussels.

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INSIDER: Burney playing in Greece


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National Bank of Greece pulls portfolio ahead of EM index


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Missing Samothraki hikers safe and sound

Two Greek women reported missing on the northern Aegean island of Samothraki on Tuesday were reportedly located safe and sound by police and fire department search patrols on Thursday. A rescue operation was launched after the two women, who were vacation... ...

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Vodafone bids to buy small Greek telecoms company Forthnet

ATHENS (Reuters) - Britain's Vodafone and its Greek business partner Wind have offered to buy the shares they don't already own in Forthnet, a small Greek internet, telephony and pay television provider, ...

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Greece: minimum guaranteed income to begin in September


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Crisis: Greece; no public sector layoffs in 2015, minister


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ECB agrees to help Cypriot banking system to face problems

by  KG/XINHUA

The European Central Bank (ECB) has agreed on measures to help the troubled Cypriot banking system to throw off shackles which prevent it to operate normally, according to a government statement issued here on Wednesday.

Cypriot President Nicos Anastasiades traveled to Frankfurt to meet ECB President Mario Draghi ahead of a meeting of European Union (EU) leaders in Brussels, to set out problems Cypriot banks are faced with.

The statement said they agreed on unspecified measures by the ECB to help the Cypriot banks.

"They discussed ways to provide further support, with the ECB assuming a decisive role ... and agreed to continue their dialogue on implementing everything that was agreed in the meeting," said the government statement.

No details of what has been agreed upon were made available.

Anastasiades refused to talk about his requests to Draghi ahead of their meeting, saying public statements would not be helpful.

But informed sources said that his main request to Draghi was to partly convert into a medium-term bond part of a heavy bank debt incurred out of receiving emergency liquidity assistance (ELA) from the ECB prior to last year's shake up of the Cypriot banking system.

The ECB pumped 9.1 billion euros (12.4 billion U.S. dollars) into a faltering bank during a 12-month period that preceded a messy bailout of Cyprus by the Eurogroup and the International Monetary Fund in March, 2013.

The ELA debt amounted to almost two thirds of Cyprus's GDP.

International lenders offered Cyprus 10 billion euros in bailout assistance over a three-year period but forced the eastern Mediterranean island to accept an unprecedented bail-in, the recapitalization of Bank of Cyprus, the island's main lender, by converting 47 percent of large deposits into bank stock.

Bank of Cyprus, which had suffered heavy losses on account of its exposure to the Greek debt impaired by about 75 percent in 2012, was also forced to take on the assets and liabilities of the failed bank which was ultimately wound down by Cyprus's creditors.

The statement said Draghi acknowledged the significant progress made in the implementation of Cyprus's adjustment program since the bailout was agreed upon and expressed his readiness to assist the Cypriot authorities in their effort to tackle remaining problems.

Most prominent among these is securing bank liquidity to fund a recession-hit economy.

Banks are shackled by a high proportion of non-performing loans which have reached 27.1 billion euros, or 45 percent of the total loan portfolios of the banks. They are also withholding new loans as they are expected to go through an EU-wide stress test in the few coming months.

Technocrats of the Troika, the collective name the European Commission, the ECB and the IMF are known by, who are conducting their fifth survey of the Cypriot adjustment program, told lawmakers on Wednesday that they consider non-performing loans to be the biggest problem the Cypriot economy is faced with at the time.

They were also reported as saying that they would not recommend releasing the next loan tranche unless parliament passed legislation empowering banks to speedily repossess properties securing non-performing loans.


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The Greek Economy, Through The Lens Of A Wine Glass


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Capital markets still not safe for Greece

Contagion is still an issue, as displayed by recent woes in Portugal Whether it was just bad timing – or fate – Thursday of last week was an unfortunate day for Greece to launch a bond issue. Hopes had been high that Athens – which a few years ago ...

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