Another provocative move by the Turks
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How the world sees Greece
Friday, March 20, 2015
European stocks surge on Greek relief; FTSE hits historic high
"Greek Prime Minister Alexis Tsipras promised EU creditors that Greece is soon to present a detailed list of economic reforms to enable loans to ...
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Greek PM: Reforms Will Be Submitted As Soon As Possible
BRUSSELS-- Alexis Tsipras, the new Greek prime minister, came to Brussels on Thursday hoping to secure offers of desperately needed financial ...
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Going Greek doesn't mean going unsupervised: Anne Reeves
But for those of us who went Greek, the reports are not a surprise. We're sickened by the degree of the debauchery, but truthfully, we're not all that ...
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Greece promises to submit list of reforms 'within days'
Following emergency talks with German and French leaders, Greece has agreed to submit a reform list "within days." Greek Prime Minister Alexis Tsipras has urged the two leaders to help tackle a looming financial crisis.
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Greeks have been hiding money under mattress
It is no secret that banks in Greece have been losing deposits in recent months. The question that is somewhat open, though, is where Greeks have been moving their deposits to. Have they been transferring the cash to other banks, or have they ...
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EU offers Greece more money but demands reforms
Brussels (AFP) - The European Union offered Greece funds Friday to deal with what it called a "humanitarian crisis" after the Prime Minister Alexis Tsipras vowed to clarify reform pledges demanded by the country's creditors. After crisis talks between ...
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Surprising Greek Roster Selection for the “Final” Against Hungary
Newly appointed manager Sergio Markarian has announced the 23-man squad that will travel to Hungary for what is probably Greece’s last chance to qualify to the 2016 EURO. Kostas Katsouranis (Atromitos Athens) and Kostas Fortounis (Olympiakos) have deservingly won back a spot on the roster after their streak of stunning performances with their club teams. The former captain was heavily criticized for his poor condition during the 2014 World Cup and subsequently was dropped off the team after an infamous facebook page was created begging for his international retirement. Talented center back Kostas Papadopoulos missed last summer’s tournament due to an injury that left him out for almost a year but is now ready to serve his home country again. The young defender almost made it to the Champions League quarter-finals with Leverkusen FC but was kicked-out by Atletico Madrid on penalties. Apart from the above mentioned , the national team’s coach spotted the talent in PAS Giannena’s 27-year-old goalkeeper, Marcos Vellidis, bringing him on as a third keeper behind Orestis Karnezis and Stefanos Kapino. This was the former Aris Thessaloniki player’s first call-up for the Greek team and the first PAS Giannina player since the 80’s to make it on the Greek national team. Giannis Gianniotas of Asteras Tripolis and Tasos Lagos of Panathinaikos are also summoned for the first time, taking up the space opened by the absent due to injury, Giorgios Samaras and Giannis Maniatis. Here’s the complete list of players who will aim for Greece’s first victory in the EURO 2016 qualifiers in Hungary on Sunday, March 29th. GOALKEEPERS: Karnezis, Kapino, Vellidis DEFENDERS: Torosidis, K.Papadopoulos, Manolas, Holebas, Bakakis, Siovas, Papastathopoulos, Moras, Stafylidis MIDFIELDERS: Tachtsidis, Katsouranis, Fortounis, Lagos, Samaris, Christodoulopoulos, Fetfatzidis, Gianniotas, Kone STRIKERS: Mitroglou, Karelis, Athanasiadis
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Turkish Gunboat Violates Greek Territorial Waters for Several Minutes Off Agathonisi
The Turkish side has proceeded to yet another provocation earlier this (Friday) morning. Specifically, the gunboat “TCG POYRAZ” which was taking part in the Turkish Navy scheduled training program for the first quarter of 2015, entered the Greek territorial waters of the island of Agathonisi in the Eastern Aegean. The Turkish Navy entered the Greek waters at around 8:55 p.m. and remained stationary for several minutes. Later, it initially sailed west and then while changing course to southeast it exited Greek territorial waters at 11:50 p.m. According to the Greek National Defense Ministry, Hellenic Navy ships were monitoring the gunship’s activity during its presence in the Greek waters, as well as when it was sailing in international waters. The second serious provocation within a month The new provocation from Ankara comes only a few days after a controversial NOTAM (Notice to Airmen) on military maneuvers in the heart of the Aegean Sea and Greek airspace, including part of Greek land was issued and which was later characterized as a mistaken one. Specifically, on Friday, February 27, Turkey issued a NOTAM requesting to reserve extensive Greek airspace from March 2 to December 31 for military exercises, including firing ammunition over the Aegean Sea, from the Greek island of Lemnos to Skyros within the Athens FIR. The Greek government immediately issued a notice to all relevant bodies such as the NATO, the European Union, the ICAO (International Civil Aviation Organization), the United Nations and of course Ankara, requesting the cancellation of the military exercises. As a result, the Turkish military and political leadership slightly backtracked, issuing a new notice. The new NOTAM (No. 0900/15) replaced the original one (No 0889/15) by excluding lands of the Greek island of Lemnos from the area reserved for military use.
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Greek PM Tsipras: No More Recessionary Measures, We’ll Meet Our Obligations
The newly elected Greek Prime Minister Alexis Tsipras appeared satisfied with the European Union summit’s outcome, saying it was positive for Greece. As he further highlighted in a press conference held today in Brussels, the SYRIZA-led Greek government is ready to implement all of the agreement it reached with its European and international partners, noting that there is absolutely no problem with the country’s short-term liquidity. At the same time, he underlined that his government will not take any further recessionary measures, as it will implement its own list of reforms and that there will not be a fifth review of the previous program either. Mr. Tsipras also stressed the importance of an urgent implementation of those agreed at a European level, while having put February accord back on track, the government can now move fast to decisions that will resolve funding problems. Moreover, he re-assured the country’s partners that the Greek government is still aiming for a primary surplus of 1% to 1.5% of its GDP this year, stressing at the same time the wide support his government is enjoying within Greece. Referring to the previous governments the Greek Premier said they were tied to vested interests, while the current one is only accountable to the Greek people, admitting though its lack of experience, but despite that “we have been negotiating effectively. We are open to receiving advice and so on, but we have our own opinions,” he characteristically said. He also criticized those trying to undermine the February 20 Eurogroup agreement: “We cannot accept people trying to terrorize the Greek people,” he declared, while unflatteringly mentioning the comments by Eurogroup President Jeroen Dijsselbloem and German Chancellor Angela Merkel that capital controls like those used in Cyprus could be enforced in the Greek case too. On the other hand, commenting on the recent summit, he estimated that common understanding and an opportunity to build up a relationship and restore confidence was clearly in place. Additionally, he did not avoid commenting on the suggestions that the Greek Finance Minister Yanis Varoufakis was the source of all problems, brushing off such suggestions, declaring that this is not a clash between Greece and Germany but rather a European issue. “I cannot say to Chancellor Merkel you should change your ministers, it is a sovereign issue,” he bitterly said. Referring to Greece’s long standing tax evasion problem, Mr. Tsipras said there was a total of two billion euros of which he believes 800 million is accessible. “Next week we will welcome a minister from Switzerland to have a discussion about the Greek depositors and to get an agreement,” he declared in what is seen as a response to various reports that the current Greek government, as well as the previous ones, closed its eyes to the untaxed Greek citizens’ deposits in Swiss banks. Finally, the Greek Prime Minister emphasized that he is not opposing privatizations but the conditions under which they were being supported and noted they would help spur jobs and growth.
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Greece schools reviewing policies after man boards bus
Greece school officials are revisiting bus policies after an unusual incident in which a man, mistaken for a student by the driver, boarded a bus ...
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Greece promises to deliver full reform list after three-hour 'mini summit'
Greek Prime Minister Alexis Tsipras once again stole the show at an EU Council summit in Brussels Thursday night (19 March). At the request of Tsipras, the European Council President, Donald Tusk, managed to arrange a three-hour long informal meeting to ...
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Greece pledges economic reform proposals within days
EU leaders welcomed a pledge from Greece to meet creditors' demands for a broad package of economic reform proposals within days to unlock the cash Athens needs to avoid stumbling out of the euro zone. After overnight crisis talks on the sidelines of an EU ...
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EU urges Greece to spend unused development funds
Brussels (AFP) - European Commission chief Jean-Claude Juncker urged Greece to grab 2.0 billion euros in unused EU development funds as it struggles with a cash crunch and a battered economy. Juncker made the offer a day after crisis talks between new ...
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Greek yields fall, stocks rise after PM Tsipras says reforms coming soon
Greek two-year government bond yields fell 89 basis points to 23.85 ... Greek two-year yields rose more than 3 percentage points on Thursday, having ...
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Greece vows to deliver reforms after crunch meeting
It will take more than a Yanis Varoufakis blogpost to rebuild relations between Greece and Germany. Joan Hoey, regional editor at the Economist Intelligence Unit, says last night’s talks may have averted a complete meltdown in relations: The early-hours ...
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Greece boxed into corner as EU leaders harden stance
EU leaders hardened their stance against Greece yesterday as reports suggested deposit outflows from Greek banks accelerated this week. The country is facing a potential cash crunch within weeks. While Greek prime minister Alexis Tsipras held talks with a ...
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Tsipras assurances nudge Greek yields off post-restructuring highs
Greek government bond yields fell on Friday, after Prime Minister Alexis Tsipras assured European Union creditors that he would soon present a full set of economic reforms to unlock cash and stave off bankruptcy. The joint statement by the EU institutions spoke of a "spirit of mutual trust," but German Chancellor Angela Merkel stressed no money would be released before Athens implements budget ...
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Papadopoulos returns for new-look Greece
Kyriakos Papadopoulos will return for struggling Greece in their upcoming Euro qualifier. Injury-plagued defender Kyriakos Papadopoulos has been recalled to Greece's overhauled national team for Sunday's European Championship qualifier in Hungary.
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Solar eclipse 2015: Watch live stream from Athens in Greece
Solar eclipse 2015: Watch live stream from Athens in Greece. 08:35, 20 March 2015; By Jessica Best. The eclipse lasts from 8.40am to 10.50am in the ...
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GLOBAL MARKETS-Greek pledge and cautious Fed soothe investors
Greek bond yields dropped 45 basis points to 12.10 percent, while Portuguese, Spanish and Italian equivalents were all down around 1-2 bps.
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More promises, more skepticism as Europe talks around Greek problem
(Clockwise from L) European Commission President Jean-Claude Juncker, Greek Prime Minister Alexis Tsipras, European Council President Donald ...
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Greece agrees to draft new list of reforms ‘within days’
Greece agreed last night to submit a fresh list of reforms “within days” to lenders, as the impasse between Athens and creditors continued amid signs that the Greek government could face a possible cash crunch by early April. Speaking after the meeting ...
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European stocks nudge higher, with Greek stocks advancing
LONDON (MarketWatch) -- European stocks edged up Friday, moving toward a weekly gain, with Greek equities bumped solidly higher as officials ...
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German and Greek foreign ministers to meet in Berlin in Sunday
... on Sunday, ahead of a meeting between the German chancellor and Greek prime minister on Monday, a German Foreign Ministry spokesman said.
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Déjà vu? Greece crisis talks but nothing's changed
With Greece's debt crisis and bailout at the top of the agenda of a European Union (EU) summit in Brussels, analysts said there was a strange sense of ...
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Greek coffers running empty bring 'accident' threat closer
AP Photo/Petros GiannakourisGreek Finance Minister Yanis Varoufakis, left, and Nikos Pappas minister of state, right, listen to the speech of Greek ...
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Greece in new race against time to get bailout on track
Greece was in a new race against time on Friday to get its EU-IMF bailout on track, with its international creditors pushing for a clear reform pledge. The two-month-old radical government of Prime Minister Alexis Tsipras has until April to reach agreement with its creditors, but its cash reserves are running dangerously low. Late on Thursday, European leaders said they had agreed with Greece to ...
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Greek bailout summit ends in disarray
Angela Merkel, the German chancellor, made clear at a post-summit news conference that the starting point for Alexis Tsipras, Greek prime minister, ...
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Greek PM says assured no need to implement past bailout commitments
That would start either in the form of a return of 1.9 billion euros of ECB profits made on Greek bonds or a partial disbursement of 7.2 billion euros in ...
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FTSE passes 7000 on Greek hopes, rate optimism and mining revival
As the FTSE 100 finally pushed through 7000, seventeen years after it hit 6000, a revival in mining shares added to optimism about a Greek solution ...
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Fed doves and Greek hopes drive up euro
The euro was also buoyed on Friday by an upbeat assessment of overnight talks between Alexis Tsipras, Greek prime minister, and eurozone leaders.
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EU's Juncker pledges 2bn euros for Greek 'humanitarian crisis'
Mr Juncker's announcement came after marathon talks between Greek PM Alexis Tsipras, German Chancellor Angela Merkel and other European ...
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Greek panamax sinks
A 25-year-old panamax bulker has sunk in the Red Sea 12 days ago without causing any casualties or pollution, its Greek managers told TradeWinds ...
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Greece: Extreme right leader released from jail
ATHENS, Greece (AP) — The leader of Greece's Nazi-inspired Golden Dawn party walked free from a prison in Athens Friday after he served the 18-month maximum in pre-trial detention allowed under Greek law.
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Germans' unhealthy obsession with a Greek 'Stinkefinger'
Did the radical Greek finance minister raise the offending digit in an obscene gesture aimed at Berlin? Or did he not? Germans are talking of little else ...
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Assemblywoman Nicole Malliotakis to host annual Greek heritage celebration
Holy Trinity-St. Nicholas Greek Orthodox Church, Bulls Head, will be the site of an annual celebration of Greek heritage hosted by Assemblywoman ...
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OECD urges Greece to tackle bribery of foreign officials
Greece has made some headway in tackling rampant graft at home but needs urgently to crack down on bribes paid to foreign public officials aimed at winning contracts overseas, the OECD said in a report on Friday. Fighting corruption is a priority for Greece's new leftist prime minister, Alexis Tsipras, who promised EU partners in overnight talks in Brussels that he would present a full set of ...
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Replace Ricotta with Strained Greek Yogurt in a Pinch
If you run out of ricotta for a dish, or really want to add it as a spread but don't have ricotta on hand, here's how you can use greek yogurt to still deliver ...
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Greece in new reform pledge to Europe
Brussels (AFP) - Greece agreed Friday to give creditors a new list of reforms to get its bailout back on track after Prime Minister Alexis Tsipras held crunch talks with European leaders.
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EU leaders dampen Greek hopes for bailout relief
Exasperated leaders of the European Union pressed the Greek prime minister to speed up plans to improve his country's balance sheet in a meeting that stretched into the early hours Friday. "A deal ...
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Merkel sets strict terms for Greek aid, Juncker flags EU cash
European Union leaders welcomed a pledge on Friday from Greece to meet creditors' demands for a broad package of economic reform proposals within days to unlock the cash Athens needs to avoid stumbling out of the euro zone. After overnight crisis talks on the sidelines of an EU summit in Brussels, new Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel, the bloc's main ...
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Merkel intervenes in Greece's rift with creditors
It could also turn Greece into a loose cannon within the EU and NATO, ... But Ms. Merkel also believes she can only sell rescue loans for Greece to ...
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Greece PM commits to providing list of reforms 'within days'
Speaking after a late night meeting with EU officials frustrated Tsipras said he felt “more optimistic” about what he called “a new deal” for Greece.
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Greece says to respond to EU technical teams in "constructive spirit"
... technical experts collecting data on Greece's reform plans, which prompted the government to accuse the teams of interfering beyond their mandate.
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European Leaders Urge Greece to Accelerate Overhaul Efforts
After late-night talks, French, German and Greek leaders asserted that Greece could get back on track by speeding up the implementation of a February agreement.
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Europe squeezes more reforms from Greece as Merkel steps into bail-out talks
Greece's hard-Left government was told to redouble its reform efforts and begin rebuilding the trust of its eurozone partners after a four-hour meeting of ...
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Greece must respect "every paragraph" of deal with euro zone-Merkel
Greece could come up with new economic reform proposals on issues like pensions or taxation "as long as they have the same effect" as the existing ...
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OECD Troubled By Greece's Focus on Bribery
Greece has made progress in the last three years but it needs to make prosecuting foreign bribery cases a much higher priority, the Organization for ...
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The Gesture That Turned a Fiscal Crisis Into Twitter Fodder — or Did It?
A media frenzy ensued in Germany over a video showing Greece’s finance minister flipping his middle finger, a video some now claim to have faked.
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