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Tuesday, April 7, 2015

Political Risk Around the World in Second Quarter 2015

Global issues like the spread of ISIS, the weak global economy and Middle East turmoil will continue to burden us this quarter. These are factors that may hinder stability in the international system - that's global political risk in a nutshell. But what can we expect of domestic political risk in the second quarter of 2015? Here are a few countries (not all, of course) that may be more prone to instability over the next few months in different parts of the world (note these are countries with protests related to elections, recessions, terrorism and the ongoing pursuit of democracy): In Asia, Thailand is still the country to watch. The military took over last May due to chronic political crises - the 12th coup since 1932 - and the 2016 election may be pushed even further into the future (the junta chief Prayuth Chan-ocha says he is waiting for stability before he can hold elections.) But it is the new security order that is being lambasted internationally and may lead to protests locally, especially now that the junta publicly warned citizens not to criticise the military. Also look out for more anti-government unrest in Hong Kong, where pro-democracy activists are gearing up for their next wave of protests. In mainland China, more bouts of instability will come from protests over pollution in the northern grasslands and former ISIS fighters who have returned to the western region of Xinjiang (even if these issues aren't widely publicized in the media). And in Myanmar, expect more violence linked to ongoing sectarian tensions, especially after the government's recent decision to revoke voting rights for the Rohingya Muslim minority after just one day (due to pressure from Buddhist nationalists); students have also vowed to restart protests over the controversial new education bill, despite the risk of arrest and beatings from riot police. In Africa, Kenya is the country to watch this quarter. As we know, al-Shabab militants killed 147 people on April 2, targeting mostly students and Christians in a terrorist attack at Garissa University in the northeast. Kenyans are blaming the government for failing to derail al-Shabab's rise, protesting on April 3 in the town of Garissa - more demonstrations should be expected, even as Kenyan airstrikes continue on the terrorist group's camps in Somalia. Also, keep an eye on Nigeria. Yes, the March 30 election that saw President Goodluck Jonathan's ouster was relatively peaceful, but some still feel the election was rigged which means unrest may recur. Existing sectarian tensions with the new leader, former military general Muhammad Buhari, a Muslim, may also bubble up but so will terrorism as Buhari has vowed to "rid" Nigeria of Boko Haram, ISIS' newest ally, as it spreads deeper into the country and beyond. And let's not forget other forms of militant-led violence will persist - on April 3, militants from the Urhobo ethnic minority group blew up a gas pipeline in the delta region. In Europe, Greece is still the country to watch this quarter. Yes, the austerity protests have reduced thanks to Prime Minister Alexis Tsipras and his Syriza party's anti-austerity social measures - including food stamps and free electricity for the poor - but life is still a challenge for many and the government says its will run out of money soon. We want to believe Prime Minister Tsipras' assurances that they will meet all their IMF obligations on April 9 but there are still legitimate concerns about default, which may lead to more instability. Germany should also see more instability, with additional austerity protests coming up; the same is true of Spain, though some of those protests will relate to the new "gagging law" that many citizens feel restricts their freedom of expression. Lastly in Latin America, Brazil is the country to watch this quarter. The protests against corruption in the national oil company Petrobras and general economic weakness will persist; but the momentum is also building for President Dilma Rousseff's impeachment with recurring and widespread protests (60% favour this according to polling firm MDA). Don't expect a reversal of this breakdown between the state and citizenry, at least not in the next three months. This legitimacy crisis will significantly impact President Rousseff's ability to govern. Also look for more instability in Ecuador, where citizens are not quite done with protesting President Rafael Correa's economic, labor and social policies, as well as constitutional changes that would allow him to be re-elected indefinitely. The same goes for recession-hit Venezuela, as citizens continue to demonstrate against President Nicolas Maduro's government for its economic failures (note: some hotels are asking guests to bring their own soap and toilet paper due to product shortages) and protest abuses (note: last year's protests led to 43 deaths and hundreds of injuries). -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.


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Schulz warns Greece to stick to EU's line on Russia sanctions: newspaper

"Greece demands and gets a lot of solidarity from the EU. We can therefore also ask for solidarity from Greece and for this solidarity not to be ended ...


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Germany rejects Greece's demand for $305b in WWII reparations as 'stupid'

Demand for reparations for Nazi occupation of Greece is attempt to squeeze leeway out of its euro zone partners to help it overcome debt crisis, ...


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Government giving mixed signals on reform intentions as creditors push for action

As technical teams resume their fact-finding efforts in Athens, eurozone finance ministry officials are on Wednesday to discuss Greek proposals for reforms amid mixed signals from the government about what measures are actually on the table of talks.


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Tourism growth at 23 pct in 2014

Foreign tourism arrivals rose a remarkable 23 percent in 2014 compared to the previous year to reach a record 22 million, not including cruise visitors, according to the Bank of Greece’s annual border survey that the Hellenic Statistical Authority published on Tuesday.


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Anarchists attack police with petrol bombs after Athens demo

Rioting youths have clashed with Greek police in central Athens, damaging vehicles and property, following a demonstration by hundreds of anarchists seeking the abolition of a maximum security prison.


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Expired debts continue to mount

It seems that there is no slowing the growth of expired debts in Greece, as according to data presented on Tuesday by the General Secretariat for Public Revenues, taxpayers and enterprises failed to pay taxes totaling 2.48 billion euros in the year’s first couple of months.


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As Greece Battles a Debt Crisis, Its Banks Issue More Short-Term Debt

A strange thing is happening as Greece struggles to avert bankruptcy: Its troubled banks are loading up on more debt. These short-term bonds, which ...


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Greek anti-establishment protesters torch cars, clash with police

ATHENS (Reuters) - A small group of black-clad anti-establishment protesters clashed with riot police in central Athens on Tuesday, hurling petrol ...


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Her Greek family tradition: measuring cookie ingredients by eye

These twists, braids, and spiral shapes, sprinkled with sesame seeds, are a traditional part of the Greek Orthodox Easter celebration on April 12 this ...


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Dozens of youths attack police with petrol bombs, burn cars after anarchist protest in Athens

Rioting youths have clashed with Greek police in central Athens, damaging vehicles and property, following a demonstration by hundreds of anarchists seeking the abolition of a maximum security prison.


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EU attempting to unsettle Syriza government in Greece

In your report (Varoufakis extends Washington DC charm offensive after talks with Lagarde, 7 April), you refer to speculation among eurozone officials that a deal with Greece can only be achieved if “Tsipras agrees to dismember his own party and join up with centrist forces to form a new coalition”. This is deemed necessary, you say, because Syriza’s leftwing minister Panagiotis Lafazanis opposes privatisations, but “controls around a third of Syriza’s MPs”.The invention of such scenarios by unelected European and IMF officials, whose job is to serve rather than unseat elected politicians, reveals an alarming disregard for Greece’s democratic institutions and a blatant violation of EU rules which they like to lecture Syriza about. Moreover, the report overlooks the fact that Yanis Varoufakis has already submitted a list of effective non-recessionary reforms, of which the first, the instalment scheme, has achieved half of its target for 2015 (€200m) within three weeks. Finally, the notion that Lafazanis “controls” a third of Syriza is pure fiction whose aim is to unsettle the new Greek government and impose the extra-parliamentary schemes of unruly neoliberal bureaucrats. Dr Alexander KazamiasCoventry University Continue reading...


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Time To Muzzle Loose Cannon Kammenos

Just what Greece doesn't need: a Defense Minister who needs a check up from the neck up and is antagonizing everyone around. The post Time To Muzzle Loose Cannon Kammenos appeared first on The National Herald.


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World Press View: Greece Can’t Get Blood From Stones

It's put up or shut time for Greece's new coalition government which has spent 2 1/2 months of a four-month bailout extension doing nothing. The post World Press View: Greece Can’t Get Blood From Stones appeared first on The National Herald.


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German Vice-Chancellor Gabriel (SPD) calls “stupid” Greece’s WWII reparations of €278.7billion

Germany’s economy minister, Merkel’s vice chancellor and leader of Social Democrats (SPD) Sigmar Gabriel branded Greece’s demand for 278.7 billion euros in reparations from World War Two as “stupid“, Reuters report on Tuesday. Gabriel’s diplomatic reaction comes a day after Greek deputy Finance Minister Dimitris Mardas said that Germany had […]


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Greek Defense Minister: We cannot keep ISIS out if EU keeps bullying us

For a second time within a couple of weeks, Greek Defense Minister and leader of coalition government junior partner Independent Greeks, Panos Kammenos warned that if the European Union keeps undermining the coalition government and the country exit or is forced to exit the Euro “waves of migrants: will stream […]


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Fitch: Failure of Greek banks 'a real possibility'

Credit ratings agency Fitch said, in a note published Tuesday, that, although the government's intention to move non-performing loans to a new "bad bank" is welcome, its success cannot be guaranteed and that Greek retail banks can still fail under ...


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Russia considers cut-price gas deal with Greece, sparking EU fears that any agreement could ...

Russia is preparing to offer Greece a cut-price gas deal as part of a package that European Union officials fear is aimed at undermining the sanctions ...


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Mark Davis: Greek organizations need a swift kick in the collective pants

Forty years ago, I walked onto a college campus with simple goals: Get good grades, make some friends and don't get swallowed alive by the massive ...


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Greece's focus is staying in the eurozone says Alternate Minister Tsakalotos

Greece's main focus is the European Union and staying within the euro area, said Euclid Tsakalotos, the country's alternate Foreign Minister for International Economic Relations in an interview on Bloomberg Television's. "Greece is working within the European Union. ...


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Kammenos statements in The Times stir opposition reaction

Both main Greek opposition party New Democracy (ND) and the socialist Pasok party reacted strongly over the recent statement of Greek Defence Minister Panos Kammenos  in The Times published on Tuesday. Kammenos said in an interview in the newspaper ...


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Greece’s Shoot-the-Messenger Coalition

It now appears likely that on Thursday Athens will make the debt payment it owes to the International Monetary Fund, but the hunt continues for a lasting solution to Greece’s debt woes. At least, that’s what Greece’s creditors are after. Greece’s ...


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Collateral Financial and Economic Damage Debased

As policies of blind austerity remain entrenched in Europe Conservatively estimated, close to two billion people worldwide (concerned citizens in Europe, the US, China, India and elsewhere) are by now becoming apprehensive contemplating the Eurogroup and the Greek government yet again at loggerheads with each other. Their interminable haggling expected to intensify, at the next encounter on 24 April in Riga, Latvia, over what the "necessary and sufficient" conditions are for keeping Europe's timeless muse solvent and within the (stagnating) eurozone. Both unrepentant for their own brazen violation of the founding principles -- unity and solidarity -- of the European Union itself. With their persistent negotiators all along equally unaware that the spectacle of their "frolics" -- while visibly dodging a far more important issue -- everywhere else are correctly seen as a potential threat to growth and prosperity worldwide. Isn't the missing-link-cum-key here the strikingly observable yet certainly ignored collateral damage to the Greek economy and social fabric of the country from the continuing (poorly researched) massive austerity policy imposed by the EU -- nearly for six full years -- responsible for the unprecedented damage caused in human and economic terms? However not professionally ascertained and duly deducted from the country's owing sovereign debt -- still inaccurately presumed to stand today at €350b. Even worse, no one really focuses these days on the forces which determine the volume of aggregate effective demand -- an insufficiency of which leads to stagnating income and high loss of work (widespread unemployment and steadily diminishing competitiveness) such as we see in Greece today. Elsewhere in Europe as well, this truth has been confirmed on solid grounds already. Because whenever it has been put into practice, current economic austerity policy precisely displayed such dire consequences. Just as, in other words, after bombing "selectively," say, a city in contemporary style, as in several parts of the world in the past, the so-called "unintended" collateral damage that frequently occurs (killing innocent people or destroying infrastructure such as bridges, road networks, hospitals etc.) should generally activate a civilized commitment to professionally compensate the damage; so it must be, too, where a whole country has been incessantly bombarded with the wrong (bad) economic policies as those externally imposed in the case of Greece. Characteristically leaving behind albeit "unintended" freak levels of unemployment alongside a collapsing level of national income that has been literally eviscerating salaries, pensions etc. Also driving ordinary tax-paying citizens, by the thousands, to commit suicide: among them lawyers, doctors and other professionals, including talented people from all levels of (failed) businesses. Made worse by inadequate, almost non-existent, public investment expenditure further contributing to the country's rising indebtedness. The mind boggles. Because no one seems willing to appreciate, whether in Berlin, Brussels or Athens, that the situation could easily be normalized at this stage if the Greek sovereign debt were accordingly adjusted in real terms to compensate for such "unintended" damage. It would probably not exceed today the reasonably sustainable/serviceable level of €150b. Shouldn't, therefore, this fundamental truth be institutionally recognized next by a special European conference or synod urgently convened? Instead of prominently prevaricating and as a rule always avoiding this pivotal issue? As common sense would also suggest, of course, with both sides wholesomely represented. __________________ Nicos E. Devletoglou, Emeritus Professor of Economics, University of Athens, is author of the books Academia in Anarchy: An Economic Diagnosis (Basic Books) written jointly with Nobel Prize Laureate in Economics James Buchanan; and Consumer Behaviour: An Experiment in Analytical Economics (Harper and Row). -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.


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Athens ekes out cash to end of the month

Greece earmarks reserves to pay creditors sovereign default looms without eurozone deal


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Russia may consider lifting food ban from Greece, Hungary, Cyprus

However, any agreement on removing Greece from the list of banned ... to remove Greece from the banned countries' list after Wednesday's talks.


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Germany snubs Greece's war reparations call as 'dumb'

Germany snubbed Greece's call for more than 278 billion euros ($306 billion) in war payments Tuesday, calling it "dumb" to mix World War II claims with Athens' negotiations for more aid. Economy Minister Sigmar Gabriel said calls for reparations for the brutal four-year Nazi occupation of Greece only hampered progress on efforts to financially shore up Athens as it battles its massive debt ...


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New EU Directive Allows Greek Teenagers to Attain Driver’s License at 14

The European Union has announced a new directive regarding the age that teenagers receive their driving licenses in each individual member state. According to this directive, teenagers as young as 14 years old will be able to get a driver’s license. France, has in fact rushed to implement part of this new directive, the clause that focuses on light quadricycles. The new French law, allows people aged 14 who have received the road safety diploma (known in France as BSR) to drive light motor quadricycles. Until recently, the age limit for this permit was 16 years. Furthermore, the new European Union directive, paves the way for Greece to reduce the maximum age limit for people who can take the legal driving test. At the moment the age limit for the driving test is 18 and in order to receive their license each individual must attend 21 hours of theoretical courses as well as 25 hours of driving lessons.


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Does Germany really still owe Greece for World War II?

Greece has offered a precise figure for what it claims Germany owes it from World War II: 279 billion euros, or $303 billion. Greek Deputy Finance Minister Dimitris Mardas said Monday that Berlin owes Athens for damages inflicted during the Nazis' occupation of Greece during World War II, Reuters reports. Greek Defense Minister Panos Kammenos said today that his country has obtained "stunning ...


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German economy minister calls Greek war reparations request 'stupid'

Sigmar Gabriel throws out Greece’s demand for €278.7bn, but opposition parties argue for return of forced wartime loan from Athens amounting to €10.3bnGermany’s economy minister has branded Greece’s demand for €278.7bn (£203bn) in second world war reparations as “stupid”, but the German opposition said Berlin should repay a forced loan dating from the Nazi occupation. The Greek deputy finance minister, Dimitris Mardas, made the demand on Monday, seizing on an emotional issue in a country where many blame Germany, their biggest creditor, for the tough austerity measures and record high unemployment that accompanied two international bailouts totalling €240bn. Related: Greece puts figure of €279bn on claim for German reparations The German government’s categorical Nein certainly cannot be allowed to stand. That’s disgraceful Continue reading...


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IMF needs to see the bigger picture

Thinktank says the world’s major economies risk a long period of low growth unless governments do moreOne moment the International Monetary Fund is a thinktank, musing on economic problems such as the entrenched slow growth that could face developed nations – as it did on Tuesday in some early releases from its spring forecasts (full publication next week).The next moment its role as lender of last resort takes the spotlight – and in that capacity another crunch moment arrives on Thursday when Greece either pays or reneges on €450m (£330m) it owes the Washington-based organisation. Continue reading...


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The Easter Lanterns of Leonidio

All across Greece, spring is welcomed with traditional celebrations, and open arms. It is, after all, the season just before warm and sunny summertime! The most important of holidays during spring is, of course, Easter. The Resurrection of Christ is honored with lots of family, friends, delicious food, drink, music, and local island and mainland […] The post The Easter Lanterns of Leonidio appeared first on The National Herald.


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A solution for Greece can be found in East Germany

Greece's seemingly interminable wrangling with creditors over resolving its unsustainable debt demonstrates many characteristics that are strongly ...


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Greece: Overdue tax debt in excess of €75 bln in February

The value of overdue tax debt grew further to €75.732 bln in February, of which 2.480 bln were new overdue debt by taxpayers in the January-February period, official figures showed on Tuesday. A report by the Secretariat General of Public ...


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Greek Syriza party demands £200bn from Germany for Nazi reparations

The radical left Syriza party says Germany owes Greece nearly 279billion euros to compensate it for looting and war crimes. The German government says the issue was resolved legally years ago.


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Greece is probably already defaulting on its debt. Here's why 12:53 PM EDT

In what is likely to be a last throw of the dice, Prime Minister Alexis Tsipras is due to visit Moscow on Wednesday to see if Greece's crucial veto rights ...


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Germany Calls Greece's Demand for $305 Billion for WWII 'Stupid'

BERLIN (Reuters) - Germany's economy minister branded Greece's demand for 278.7 billion euros (203.6 billion pounds) in reparations from World ...


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Germany rejects 'stupid' Greek demand for reparations

Germany's economy minister branded Greece's demand for €278.7 billion in reparations from the second World War as “stupid“ on Tuesday, while the ...


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Greek Claims Of War Reparations Are Stupid According To The German Economy Minister

We've already had a thorough look today at the Greek claims that they are owed €279 billion in war repartations by the German state. This of course refers to the damage that the Nazis did in that country during the occupation. A foul and terrible time it was for much [...]


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Greece Says Germany Owes $303 Billion War Debt

Greece’s deputy finance minister told a parliamentary committee that the country is owed $303 billion by Germany as reparations for World War II.


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Greek minister: Evidence for massive German war reparations

Greek Defence Minister Panos Kamenos said Monday, April 5, that the country has obtained "stunning evidence" to support its massive claims for ...


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Germany dismisses Greek demand for billions in WW2 reparations

Greek Deputy Finance Minister Dimitris Mardas made the demand on Monday, seizing on an emotional issue in a country where many blame ...


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German Economy Minister Gabriel: We Are Ready to Help Greece Get Back on Its Feet

Germany’s Vice Chancellor, Economy Minister and chairman of the junior coalition government partner Social Democratic Party of Germany (SPD) Sigmar Gabriel said earlier today that his country’s government is willing to help Greece get back on its feet and avoid a Grexit but it was not clear to him how they could keep helping. Specifically, according to Reuters Greece’s largest creditor Economy Minister said that “this country is ready to help Greece get back on its feet – moreover in my firm opinion in the euro and not outside the euro.” He also added during a talk at the Economy Ministry, “how one can do that, does still not appear to me to be very clear” The war reparations issue Mr. Gabriel also appeared critical towards latest comments emerging from Greece revealing that Germany owes some 280 billion euros to Greece in reparations for the forced Nazi occupation of the country, repeating that the World War II reparation payments had nothing to do with negotiations on Greece’s current debt crisis. Earlier, Greece’s Deputy Finance Minister Dimitris Mardas told the parliament in Athens that Germany owes the country 278.7 billion in war reparations. A parliamentary committee and the Greek supreme court arrived at the figure after examining previous studies, which set the figure Berlin owes Athens at 269 billion euros. The occupation loan amounts to 10.3 billion euros. Moreover, the Greek Deputy Finance Minister noted that in 1946 in Paris the reparations were estimated at about 341.2 billion US dollars. Greek governments and also private citizens have pushed for war damages from Germany for decades, but the Greek government has never officially quantified its reparation claims. Germany paid Greece 115 million marks in 1960, and the German government insists that this payment covered all of its debts.


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Athens Among Cheapest Weekend Destinations

According to financial website This is Money, the British Post Office Travel Money city costs barometer survey, studied the deflation and drop in prices in 28 cities finding the cheapest weakened destinations for Brits in Europe. Athens was placed 5th on the list emerging as “the cheapest in Western Europe, boosted by the low cost of eating out at 40 euros for two, and a total of 180 euros for a whole weekend vacation. “It’s a win-win situation for UK holidaymakers this year in European cities because prices are down in the majority of cities we surveyed, thanks to the soaring value of sterling. However, prices continue to vary significantly in different cities so it makes sense to do some holiday homework before taking the plunge and booking a capital break,” said Andrew Brown of the Post Office Travel Money. The cheapest cities in Europe, before Athens were Vilnius, Lithuania; Budapest, Hungary; Riga, Latvia and Tallinn, Estonia. Furthermore, the Greek capital was closely followed by Dubrovnik, Croatia; Prague, Czech Republic; Lisbon, Portugal; Krakow, Poland and Strasbourg, France. British tourists are able to benefit from the crisis that has caused prices to drop in most Eurozone countries, while the value of the British pound remains stable. “British tourists will have an average of 22 percent more to spend than a year ago on a European city break,” wrote the website.


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Seven Migrants Drown Off Symi

Seven illegal immigrants trying to reach Greece died and nine were rescued off the island of Symi, on April 7, authorities said. The post Seven Migrants Drown Off Symi appeared first on The National Herald.


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EU Needs to Change Asylum Rules to Address Refugee Influx, Avramopoulos Says

The European Commission is looking into options to change its immigration rules to address a rise in the number of illegal migrants entering the EU, Migration Commissioner  Dimitris Avramopoulos has said. “It is now widely acknowledged that something has to change,” Avramopoulos said after talks in Athens with Greece’s Prime Minister  Alexis Tsipras on Tuesday. “We will be submitting a comprehensive proposal” in order to handle the immigrants coming from armed conflict zones in the Middle East, Africa and Asia. With its extended coastline in the Mediterranean Greece has become one of the key entry points for thousands of migrants fleeing wars in Syria, Afghanistan and North Africa. For that reason Athens has long long called for a revision of the regulation, under which the first EU country that migrants enter has to take care of their asylum applications.  Tsipras said that  the EU should look with great attention at the “redistribution of asylum claimants and economic refugees inside the EU,” according to AFP. His left-wing Syriza party, which came to power in January, has pledged to reform Greece’s immigration practices,starting by closing down detention facilities for refugees due to numerous complaints of overcrowding and police abuse there. The EU needs to show more solidarity toward people fleeing war zones, Tsipras said after the meeting with Avramopoulos. He also called for increased support for countries on Europe's external borders, such as Greece, who receive the majority of immigrants. "Greece cannot be a soul repository; the problem needs to be shared," Tsipras said, according to Greek newspaper Kathimerini. Greek and European authorities announced last month that a people-trafficking ring bringing mainly Syrian irregular migrants to Greece via Turkey had been uncovered with the support of Europol. Based on their investigation, police believe the criminal organization was also involved in the trafficking of migrants to other EU member-states via Greece.


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Alexis Tsipras flies to Moscow amid speculation of bailout from Putin

Greek prime minister to sign accords with Russia, including a gas price discount and possible loans in return for Greek assets, that would alarm EU creditorsDetermined to take Greek-Russian relations out of “the deep freeze”, a defiant Alexis Tsipras flew to Moscow on Tuesday for talks with president Vladimir Putin, ratcheting up the pressure on the western creditors keeping his debt-stricken country afloat.Amid speculation that Putin might make an offer of financial help that the Greek prime minister will find hard to turn down, officials said the controversial trip should be seen through the prism of Athens’ leftist-led government doing “what is best for Greece”. Continue reading...


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Greek FinMin: Lagarde to show “utmost flexibility”, Obama administration to play “honest broker”

Greek Finance Ministry felt the need to inform about the content of the talks Minister Yanis Varoufakis had with IMF’s managing director Christine Lagarde and officials of the US-Administration on Sunday and Monday in Washington. It is not common that the ministry issues a long press release on content of […]


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Sigmar Gabriel rejects Greece war reparations claim

Sigmar Gabriel rejects Greece war reparations claim. Chancellor Angela Merkel's deputy has rejected a Greek call for Germany to pay hundreds of ...


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Greece Targets April 24 Euro-Area Summit for Agreement on Funds

Greece aims to wrap up talks on the package of economic reforms needed to unlock more funding in time for a meeting of euro region finance ...


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Greece Puts A Figure On Nazi-Era Reparations From Germany

Deputy Finance Minister Dimitris Mardas told a parliamentary panel the figure was about $305.1 billion. It's the first time Greece has set a figure for the German occupation in the 1940s.


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