How the world sees Greece
European Commission President Jean-Claude Juncker attempted to provide a solution for an agreement between Greece and its international creditors, Greek Daily to Vima reported. According to the report Juncker submitted the alleged proposal to Greece and ...
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"If the Greek government thinks it must hold a referendum, then let it hold a referendum," said German Finance Minister Wolfgang Schaeuble when he ...
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The leftist Greek government's debt re-negotiation strategy was aimed at stretching the crisis out and making the risk from a messy “Gr-exit” so big that ...
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JNS.org – A Greek town is mired in controversy after its mayor asked to remove the Star of David from a Holocaust memorial before it could be ...
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| READ THE ORIGINAL POST AT www.algemeiner.com |
Greece's coalition government said it has cobbled together enough money to pay salaries and pensions for May, but will need a deal. The post Greece Says Pensions, Salaries Assured appeared first on The National Herald.
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Greece's Prime Minister warned May 18 that the cash-strapped country is in a state of "financial strangulation" amid worries that Athens may only have a couple of weeks before going bankrupt. The post Tsipras Says Greece Facing “Financial Strangulation” appeared first on The National Herald.
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Greece has just about run out of options and either has to make a deal with international lenders or go under, world press reports say. The post World Press View: Beginning Of The End For Greece appeared first on The National Herald.
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ATHENS May 18 (Reuters) - Greece has proposed to its international lenders that Europe's bailout fund pay back maturing Greek government bonds ...
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Tsipras told the Federation of Hellenic Enterprises that Greece was “in the final straight for an agreement” with creditors, adding that a deal would ...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Athens sent its proposals to creditors on Monday for an overhaul of the value-added tax regime as Greek officials indicated that an agreement on a reforms-for-cash deal was close.
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
Government officials indicated on Monday that the thorny issue of pension reform, one of Greece’s key “red lines” in negotiations with creditors, would be put off until the fall after a series of statements by prominent SYRIZA officials suggested the government had backed down on pre-election pledges to protect pensions.
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Greece must finally eliminate the economic distortions and dysfunctions that have undermined the country's course and future, Prime Minister Alexis Tsipras said on Monday while addressing the annual general meeting of the Hellenic Federation of Enteprises (SEV). These were ...
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NATO and the EU should cooperate at a political level to limit extremism, fundamentalism and nationalistic ideology in the Balkans, Greek National Defence Minister Panos Kammenos said at a meeting of EU’s foreign and defence ministers in Brussels ...
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Greek PM Alexis Tsipras exchanged a warm handshake with Governor of Bank of Greece, Yannis Stournaras. The two men met at the annual general meeting of the Hellenic Federation of Enterprises (SEV) on Monday evening. Stournaras has come under fire ...
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(Updates prices to mid-afternoon U.S. trading). * S&P 500, Dow touch new peaks. * Dollar rises after hitting four-month low. * Greek two-year yields top ...
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European Commission Jean-Claude Juncker sent a memo to the Greek government on Monday (18 May) outlining proposals to find an agreement in ...
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| READ THE ORIGINAL POST AT euobserver.com |
The choices before Greece are stark: either to accept the demands of the Eurogroup and its allies, or implement its government’s radical programmes and stick to them. If there is any real prospect of real change, the people must be willing to fight for it. It won’t happen by itself.So which is it to be: rule by unelected European technocrats and the IMF, or rule by the people? Continue reading...
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European Union foreign and defence ministers on Monday approved plans for a naval operation targeting people smugglers in the Mediterranean operating mainly from Libya. AP quoted two diplomats as saying the EU ministers approved the plans at their meeting in Brussels. The sources spoke on condition of anonymity because the decision had yet to be officially announced. The mission will be tasked with destroying the boats used by the traffickers to carry huge numbers of migrants from conflict zones in the Middle East and Africa across the Mediterranean to Europe. According to the EU foreign policy chief Federica Mogherini, the operation could be fully launched next month after the pledging of military equipment and military preparations. “Today the main point will be taking the decision to establish the operation, the EU operation at sea to dismantle the criminal networks that are smuggling people in the Mediterranean," Mogherini said before the meeting. She added the EU is looking for “partnership with all the relevant Libyan authorities”. The EU’s task is complicated by the fact that Libya’s civil war has divided the North African country into rival camps loyal to two separate governing authorities vying for legitimacy - each with their own armed forces. Disrupting the people-smuggling networks is part of a wider EU plan for tackling the migration crisis. The European Commission has urged EU member states to adopt national quotas for housing migrants, to ease the pressure on Italy, Greece and Malta. While the EU agrees on the need to prevent people smugglers to carry migrants to Europe, it is divided on how to act as anti-immigrant parties gain support at home, Reuters noted in its coverage of the news. Some 51,000 migrants have entered Europe by crossing the Mediterranean since the start of the year, with 30,500 of them coming via Italy. About 1,800 have drowned in the attempt, according to the UN refugee agency.
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By Kole Casule SKOPJE (Reuters) - Macedonia’s embattled prime minister rallied thousands of supporters on Monday in a show of force a day after opponents held their own mass protest to demand his resignation over months of damaging wire-tap revelations. The crowd in central Skopje appeared comparable in size to Sunday’s opposition rally when tens of thousands called for Nikola Gruevski to quit over a flood of disclosures that the West says have cast serious doubt on the state of democracy in the former Yugoslav republic. The crisis rocking Gruevski’s nine-year conservative rule is the worst since Western diplomacy dragged Macedonia from the brink of all-out civil war during an ethnic Albanian insurgency in 2001, promising it a path to European Union and NATO membership. A dispute with neighbouring Greece over Macedonia’s name has halted its Western integration, and in that time critics say Gruevski has tilted to the right, stoking nationalism and monopolising power in coalition with a party of ethnic Albanian former guerrillas.
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Greece's doomsday clock is within five minutes of midnight, said Matthew Weller, senior technical analyst at Forex.com, citing a document that was ...
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ATHENS, Greece (AP) — Greece's prime minister warned Monday that the cash-strapped country is in a state of "financial strangulation" amid worries that Athens may only have a couple of weeks before going bankrupt.
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The Spanish Minister of Finances Luis de Guindos appeared confident of the Greek government and its Eurozone creditors coming to an agreement over the next few days. According to a Reuters report, the Spanish Minister spoke at an event in Madrid, ...
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A new VAT uniform rate of 18% is the final proposal tabled by Athens in its negotiations with the EU/IMF. According to a report on Mega TV, on this rate there will be a deduction of 3% for transactions carried out ...
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Following a barrage of criticism after blocking the unveiling of a memorial to the city’s 1,484 Jews who perished in a Nazi extermination camp, the mayor of Kavala in northern Greece has apologized to members of the Jewish community and pledged that the inauguration, originally scheduled for last Sunday, will be held next month.
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Leaders of the hard-left faction of Greece's Syriza party have called for a “rupture” with creditors in a public challenge to Alexis Tsipras, the prime ...
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Greece hasn't made enough progress in its talks with euro-area authorities to seal a deal by this week's leaders' summit in Riga, Latvia, according to ...
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A 6-year-old girl found living in abhorrent conditions in an apartment in Larissa, central Greece, has been removed from her 32-year-old mother’s custody and was being treated for malnutrition at a local hospital, authorities said.
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Greece’s predicament is not complex, and nor should it be impossible
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| READ THE ORIGINAL POST AT www.ft.com |
Amazing! European Commission President Jean-Claud Juncker sat down and wrote several pages of a proposal to “help” Greece strike a deal with its creditors, unlock the impasse. allow the release of some bailout money to avoid default on June 5th 2015 and give time for a new deal in autumn. […]
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| READ THE ORIGINAL POST AT www.keeptalkinggreece.com |
Greece had entered the "final straight" in talks with creditors for achieving a mutually beneficial agreement, Greek Prime Minister Alexis Tsipras said on Monday, while addressing the annual general meeting of the Hellenic Federation of Enterprises (SEV). "We fought ...
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Heat grapeseed oil in a large frying pan. Add the bread cubes and sprinkle with salt; cook over low to medium heat, tossing frequently, for 5 to 10 ...
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NEW YORK (TheStreet) --Shares of the National Bank of Greece (NBG - Get Report) are up by 2.14% to $1.43 in early afternoon trading on Monday, ...
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Gold prices shuffled between slight gains and losses Monday as traders weighed escalating concerns about Greece against pressure from a rising ...
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After a weekend of leak and counter-leak, in which we learned Greece cannot make critical payments to its lenders due from 5 June, today has seen ...
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NEW YORK, May 18 (Reuters) - The dollar bounced back from four-month lows on Monday, while Greek bond yields jumped on worries the country ...
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Greek minister honoured by Scottish students. Andrew Denholm. Education Correspondent. Monday 18 May 2015. AN anti-austerity minister in the ...
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The European Commission denied on Monday a Greek newspaper report that its President Jean-Claude Juncker has made a new, compromise proposal to Greece in negotiations on more funding in exchange for reforms for the cash-strapped country. Greek To Vima ...
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The Greek daily To Vima has a nice scoop this afternoon about a document they’ve been leaked purporting to be a new proposal from Jean-Claude Juncker, the president of the European Commission, on how to break the standoff ...
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| READ THE ORIGINAL POST AT en.enikos.gr |
ATHENS, May 18 (Reuters) - Greece needs to strike a deal with its creditors by the end of the month to stay afloat, the government said on Monday, ...
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France’s literary enfant terrible, Frédéric Beigbeder, blames J.D. Salinger for his fear of old age. As therapy, he wrote a bold novel about eternal youth and ephemeral love. The European: Monsieur Beigbeder, your new book follows the semi-fictional love story between the renowned author J.D. Salinger and Oona O'Neill over the course of a few decades. Would you say the book is about love or coming of age? Frédéric Beigbeder: I wanted to write a love story, but I'm not sure I succeeded. I've tried it before but always failed. The European: What makes you think that you failed? Beigbeder: When I discovered that Salinger, whom I worship, had a love affair with Oona O'Neill, the daughter of the famous playwright Eugene O'Neill, I was immediately interested in learning more about it. They were young, good-looking, intelligent and desirable -- all the ingredients a good love story needs. Plus, they frequented these fancy nightclubs and were surrounded by famous people. So I thought it could become something like a Fitzgerald novel. But then as I dug deeper into the story, I realized that it was actually a very dramatic and heartbreaking story. The European: Salinger left her and America to go and fight in the Second World War while Oona left for Hollywood and married Charlie Chaplin in 1943. Beigbeder: Exactly. I attempted to write a love story but it is probably as much an account of the horrors of war and how they can change one's personality. The European: When Salinger leaves for Europe, it becomes very evident how differently their lives develop from there on. Yet, in the last chapter, you somehow bring their lives back into synchronization. Why? Beigbeder: Yes, while the first part of the book is about youth and carefree love, the last part focuses on two people that are in the final stage of their lives. So I guess there is no question whether the book is about love or age; it's about both. I always found it very moving when you meet a former partner a long time after the time you spent together. There's a certain nostalgia and melancholy to it that I find very alluring. The end of the book is of course fictional; I don't know if they ever met again. The European: But you hope so! Beigbeder: Of course! The book is also a lot about parallel lives. When we meet someone and fall in love, we like to think that it is destiny, that we are meant to be together. But at the same time, that path, that relationship excludes many others and as you grow older, you start to wonder if these alternative paths might have lead to more happiness than the one you chose. Novels are, in a way, made to recreate those possibilities. We read them in order to explore our parallel lives. The European: Modeling life as we want it to be. Is that also your impetus as a writer? Beigbeder: That's probably true for a lot of books I wrote but with this one, I just wanted to be Salinger, Oona, Truman Capote, Ernest Hemingway and all the other characters that appear in the book. It's fun to pretend for a second that you are someone else, someone you admire. The European: Is it harder to write from the perspective of a real-life person or a completely fictional character? Beigbeder: The thing with real characters is that you are somewhat limited in what you can do. But the fascinating thing about them is that you can venture into their past and analyze their inner feelings if there is enough information. And as I said, it's also very flattering to imagine that you are J.D. Salinger for a while. You don't have that with fictional characters. The European: Did you prefer to "be" Salinger or Oona? Beigbeder: Oona, of course! It's much more fun. All the boys are crazy about you, you are famous without having done anything -- that's great! "We adore stories of complete agony" The European: What is so fascinating about the love story you describe in the book is that they have only been together very shortly but still write to each other and think about each other long after that. You included a quote by Emily Dickinson stating that true love is almost never shared and almost always impossible. Do you agree? Beigbeder: Yes, I believe there's truth to it. It's also very masochistic and melodramatic. Romanticism is something that was heavily influenced by a German guy named Goethe and in "The Sorrows of Young Werther," he describes what many young men feel when they fall in love for the first time, or even for the 15th time, and it doesn't work out. The strange thing is that we want to be happy but are fascinated by sorrow and heartbreak. We adore stories of complete agony. The European: As long as they remain fictional... Beigbeder: Yes, of course. In art, heartbreak is more beautiful than love. When I said that I wanted to write a love story, I of course wanted to write one that also has a dramatic, unfulfilling side to it. A love story that is never complete. What Dickinson described is similar to what we French called "L'amour courtois" (courtly love): during the Middle Ages poets would write love songs or stories for a beloved princess without seeing her at all. It was a sort of transcendent passion and longing for someone you don't really know. It's very medieval to fall in love with the image or idea of a person rather than the person itself, but we nevertheless still do it -- especially in literature (laughs). The European: Because the longing for the impossible can be a catalyst? Beigbeder: You need a muse or something that inspires you, and the further away it is, the better. You can worship a woman without her even knowing that you exist. It's a kind of love that is not very different to the love for God. It's based on faith, not shared feelings. When Salinger fought in Europe, Oona became his holy spirit, and that's how he kept his faith and spirit alive. He needed to survive for her. The European: Do you have someone like that, someone you long for but know that it will never come true? Beigbeder: In ancient Greek mythology, you had nine muses. I only have two: my wife and Oona. The European: One by your side, one unattainable. Beigebeder: That's the best mix. The European: As you said before, the book is also a lot about coming of age, and at the start of the book, you describe how you have had a lot of problems realizing and accepting your own age. Why? Beigbeder: I thought that I was the exception but then realized that nobody wants to grow old, so that made it easier for me to accept my denial (laughs). I am scared of death, and I don't want my hair to turn grey -- but so are most people. And it's all Jerry Salinger's fault! The European: Because of "Catcher in the Rye"? Beigbeder: Exactly, he created this character, Holden Caulfield, that symbolizes the teenage angst, but also the freedom that comes with youthfulness. Since then, every year, there's a large number of books depicting how great youth is and how much it sucks to be an adult. Salinger's notion of youthfulness guided me to my enquiry about why he doesn't want us to grow up. The European: Isn't youth overrated? Very often, it's not this time of carelessness but actually a time characterized by insecurity and a lot of hard decisions and experiences. Beigbeder: It's hard growing up -- no question. You have to find your place in society and find out what person you want to be. But you are very free in your choices, and there are not many missed opportunities to be regretted, but only opportunities to take up. As we grow up, we start to long for this sad but freeing liberty. It's weird but when you are young, you don't fear death as much and this often leads to excessive behavior. There is a desire for danger and tragedy. That's why war used to be so alluring to young people: it holds tragedy and can turn you into a hero. Wars were made for turning boys into men. That's not as easy today. Maybe Holden Caulfield doesn't want to grow up because he no longer knows how to do it. The European: Today's youth might not have to fight in wars but that doesn't mean it is happier or more carefree, because freedom of choice comes with hard choices. Beigbeder: Yes, it's a different kind of insecurity, an inner insecurity. The more I think about youth, the more I come to think that youth is a lost utopia. The European: How do you mean that? Beigbeder: For me, youth or eternal youth was a utopia. I couldn't imagine growing up and taking up a job. And that's a common thing! When you are young, you are allowed to be revolutionary. In fact, you are allowed to be a rebel without a cause. The European: Later in life, you can only be a rebel with a cause if you want to be taken seriously. Beigbeder: In the capitalist society, all revolutionaries go from revolution to resignation and that usually goes hand in hand with growing up. "People take me for a fool" The European: Another thing that struck me while reading the book was the realization that war might be the best setting for a love story, because it combines the inner struggle of romantic feelings with the outer conflict of brutal warfare. Beigbeder: That's true and the two are often intertwined. The first one that came up with a love/war story was Homer when he wrote the "Iliad." He was the first writer to acknowledge the alluring power of two lovers separated by a tragic war. He had this idea thousands of years ago, but it still works today. The European: You also describe how Salinger meets Oona and her whole entourage, which includes, among others, Truman Capote, and how they discuss the novels of F. Scott Fitzgerald. In your writing, I noticed a tiny portion of nostalgia for this golden age of intellectualism, maybe because we no longer have these shining intellectuals heavyweights. Beigbeder: There is nostalgia in there, but I don't think that we no longer have great public intellectuals -- we do! And they meet, and they talks and discuss novels or debate. I was recently in Berlin and I was fortunate enough to meet the great James Ellroy in a restaurant called Borchardt. So these things still happen. But you are right to argue that the status of the writer has decreased along with the importance of books. Books are disappearing and so it's understandable that writers no longer enjoy the importance they were given in the 1940s. To me, it is a very strong signal that Oona leaves Salinger to be with a movie star she later on married: Charlie Chaplin. The European: What is your interpretation? Beigbeder: The morning Oona married Chaplin, cinema won over literature. To borrow from Don McLean, it was "the day literature died," or at least started to die. It symbolized that the high-society had turned their back on literature and turned towards new forms of art. If you want your voice heard today, you should make a movie or do a record. The European: Maybe because the nature of writers has changed. Back in the days, you had these tragic figures like Fitzgerald, Capote or Hemingway who lived in agony and for whom writing was a way of coping with life. The only writer of that category in recent years was maybe the late David Foster Wallace. Beigbeder: You are right that these tragic figures are rather found in the music business today, but there are still edgy characters in literature. Just think of the French novelist Michel Houellebecq. When he published his latest book in France there was a huge debate going on, partly because it focuses on Islamic presence in France and was published on the very same day the Paris shootings happened. So some writers are still able to cause controversy. You in Germany had Günter Grass, who also sparked debate with his revelations about his Nazi past and his poem about the politics of the state of Israel. The European: In a recent interview about this book, you stated that your ambition with this book was to finally be taken seriously. What makes you think that people don't take you seriously? Beigbeder: Maybe in Germany, but not in France! (laughs). I do a lot of television appearances in France and often ridicule myself. People take me for a fool sometimes, and who knows, maybe I am. But as a writer, you don't want to be judged based on your personality but based on your writing. I'm ok being the "enfant terrible" as long as people read my work and take it seriously. That's easier in other countries because people don't have any prejudices vis-à-vis my work, based on any personal traits of mine. The European: Is it sometimes easier to connect with a foreign audience? Beigbeder: To me, there is not really a foreign audience. When I am in Germany or Spain, I also feel at home. I consider myself a European writer and want this continent to become unified. I don't understand why the United States of Europe are not yet reality. Victor Hugo wrote about this some 150 years ago, and we still haven't overcome the obstacles. The European: It's similar to any romantic relationship: there is a sense of mutual belonging and attraction but at the same time, each side needs space and time on its own. Beigbeder: (laughs) That's true! But I truly hope this love story has a happy ending! -- 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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LONDON: European shares fell on Monday, weighed down by worries over a looming cash crunch in Greece, while the dollar rebounded after ...
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It's been apparent for the past few months that Greece is running out of money and would need to strike a deal with its creditors before massive ...
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According to the To Vima report, the plan envisions a deal with Greece that completely cuts out the International Monetary Fund and releases about ...
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More than 80 calls with information about the disappearance of a toddler on a Greek island 24 years ago are received by police after an appeal.
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Greece's To Vima newspaper has just got the scoop on a leaked Greek deal proposal from the European Commission. The agreement would unlock about €5 billion (£3.62 billion, $5.69 billion) for the cash-strapped state, with fewer reforms than some of the country's creditors would like. Some widely disliked austerity measures, like the ENFIA tax on property, would be kept under the move. But the report appears to list no massive specific pension demands, with a review of the system's sustainability pencilled in. Similarly it seems to ask for a review of Greece's collective wage bargaining system, rather than any specific labour market reforms. In general it looks like a generous offer in comparison to the latest reports from the International Monetary Fund (IMF), and it's not at all clear that many of the Eurogroup finance ministers would accept it. A deal like this would be taken as a big win for Syriza by analysts, but even this is some way from the anti-austerity party's election platform. The proposed deal requires smaller budget surpluses from the Greek government this year and next, but suggests they should keep rising again to higher levels from 2017. Here's that direct from To Vima: The text identifies the budgetary targets for the four years 2015 - 2018 are as follows: -2015 A primary surplus of 0.75% of GDP -2016 Primary surplus of 2% of GDP -2017 Primary surplus of 3.5% of GDP -2018 Primary surplus of 3.5% of GDP. Athens stocks are not hating the news — the market just reversed losses (and then some): Join the conversation about this story » NOW WATCH: Forget the Apple Watch — here's the new watch everyone on Wall Street wants
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European Commission proposes disbursement within June of pending tranche of EU1.8b and 2014 SMP program profit returns of EU1.9b, ...
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The Mayor of a Greek town who cancelled the unveiling of a Holocaust memorial over objections to its portrayal of a Jewish symbol backtracked in the ...
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According a blueprint leaked to Greek media, Jean-Claude Juncker's "plan" to temporarily secure Greece's future in the eurozone includes a ...
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LONDON, May 18 (Reuters) - European shares steadied on Monday as investors grew more optmistic over a deal over Greek debt, although energy ...
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"Greek banks are running short on collateral and there are mounting concerns that the country may be forced to implement capital controls if a deal ...
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