Officials from EU and IMF lenders met Greece's finance and economy ministers in Athens on Saturday, the day after EU finance officials held a ...
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Sunday, August 9, 2015
Still Waiting for Winners on Greece
The Greek crisis exposed two competing views of how the eurozone should be managed. One school of thought says that the stability of the currency union depends on respect for its rules, chief of which is that in the absence of any mechanism for permanent ...
Greek State Minister: Election Talk Doesn’t Help
Talk of national elections does not help but it might come to that if some party lawmakers withdraw their confidence toward the government, Greek State Minister Nikos Pappas said in an interview to Real News. “If some of our lawmakers decide to withdraw their confidence toward the Greek government, the rift that was created in the past votes in parliament
Cyprus has provided Greece with an object (and abject) bail-out lesson
Few of the people sitting around the table at the countless and interminable Eurogroup meetings during which Greece faced off against the rest of the eurozone can have been as conflicted as Harris Georgiades, the Cypriot finance minister. His country ...
McCandless resident, teacher gets lesson in Greek culture
Carrie Kennedy poses with the famous monasteries of Meteora, located in central mainland Greece. Monks built some 20 monasteries on natural rock ...
Greek Finance Ministry Denies That Korean Adviser Has Received Payment from State
“The company for which Mr. Glenn Kim is working for has not received a single euro from the Greek state until today, let alone the 125,000 euros per ...
Greek Main Opposition Leader Says Party Is Ready in Case of Elections
Meimarakis Greek main opposition New Democracy leader Evangelos Meimarakis said his party is ready if there are national elections, adding ...
Greek debt crisis: Greece hopes to conclude bailout talks by Tuesday, ahead of next repayment to ...
Greece's government is hoping to conclude bailout talks with its creditors by Tuesday, giving the debt-ridden country time to pass the deal ahead of its ...
The community gets a taste of Greek culture at 89th Greek Festival
Assumption Greek Orthodox Church in Bayard threw a two-day Greek Festival on Saturday, August 8 and Sunday, August 9 at the Bridgeport ...
Berlin nears €86bn accord with creditors
Greece and its creditors are close to reaching an outline deal this week on the debt-laden country's €86bn rescue programme, amid signs of growing ...
Greece hopes to conclude bailout talks by Aug 11
Greece's finance and economy ministers were locked in negotiations with ... 20, when Greece has a repayment falling due to the European Central ...
Marc Faber: 'Greek Financial system Not Robust Sufficient to Help' Its Debt Burden
Marc Faber, writer of the Gloom, Growth & Doom Report, wasn't too impressed with the deal by Greece and the European Union to increase cost on ...
Democracy under threat in fight for Greece
The biggest question raised by Syriza's election victory last January was not about Greece. It was whether any national population that has adopted ...
World Press: Greek Deal Coming … Coming … Coming
Stop me if you've heard this one before, a Prime Minister comes in to Greece and promises a debt deal before his ashes hit the floor. The post World Press: Greek Deal Coming … Coming … Coming appeared first on The National Herald.
Romano Prodi: German ‘blitzkrieg’ should be stopped
The Italian statesman said Schauble’s plan for Greece unacceptable
Greece Seeks Resolution to Aid Deal as Creditor Talks Progress
The four institutions representing Greece's creditors -- the ECB, the International Monetary Fund, the European Commission and the European ...
President on new location and timing for annual Sarnia festival: 'So far we are really happy'
Peter Kenny, six, devours a Greek meatball, a new addition to the menu at Sarnia Greekfest, alongside Crystal Kenny Saturday. Greekfest was held for ...
Greece, creditors continue bailout talks
Greece and its creditors have resumed … reported on Sunday that the Greek government would likely approve a … ; and "intense talks with Greece will continue over the weekend … by August 17 to prevent Greece from having to ask for …
White House Meeting With Diaspora Leaders Brought Enthusiasm Tempered With Realism
The National Herald obtained the perspectives of a number of participants in the meeting of Diaspora leaders with senior White House officials of the Obama Administration to discuss issues relevant to Greece. The post White House Meeting With Diaspora Leaders Brought Enthusiasm Tempered With Realism appeared first on The National Herald.
Greek community adopts art project
NEWCASTLE's Greek community has used traditional music, dance and ... Mr McFarlane travelled to a quarry on the Greek island of Thassos three ...
Travel: A sense of history in Athens, Greece
RIOT DOG Loukanikos stares into the distance from a backdrop of flames four metres high which reflect off his coat and the burnished crown that ...
Greek bailout agreement nears after marathon talks
FKA said final agreement on the loans could be reached by Friday 14 August after the Greek negotiators showed "excellent collaboration".
Top 10 Seaside Campsites in Greece
Greek Reporter picks Greece’s top 10 sites by the sea for pre-breakfast dives, crazy afternoons with your friends and unexpected sunset surprises. Enjoy! On the Greek island of Zakynthos you can enjoy a special retreat visiting a dramatic campsite at ...
Greek effect on Turkey limited: IMF official
The direct channels through which financial problems in Greece can spill over to Turkey are very limited, according to the Senior Resident Representative of the International Monetary Fund (IMF) to Turkey, Srikant Seshadri.
Distomo, Greece: The World War II Nazi German Massacre and Beyond
Voice from Hellas. Distomo is a small town of about 5,000 souls, nestled in the rolling hills of central Greece. Its access road is hardly visible from the ...
Greece, lenders see need to recapitalise banks by year-end
Greece and its international lenders want the country's struggling banks to be recapitalised by the end of the year, Greece's finance minister said, ...
Missing Ben Needham greek police hunters are probing eight theories
… he was abducted Documents reveal Greek investigators are probing eight different … family holiday on the Greek island of Kos Greek police hunting missing … ' of the investigation in Greece, according to documents obtained by …
Greece inches closer to third bail-out deal but Finns insist rescue package 'won't work'
German and Greek media said 27-pages of "substantial" and "far-reaching" reforms had been agreed following marathon talks between Euclid Tsakalotos, Greece's finance minister, and the country's creditors on Saturday. The six hour meeting, which ended in ...
Refugee Move Will Cost 1M Euros
It will cost cash-strapped Greece some one million euros ($1.1 million) to erect housing for illegal immigrants living in a central park. The post Refugee Move Will Cost 1M Euros appeared first on The National Herald.
Greece Wins Water Polo Bronze
Greece's men's water polo team rebounded from a semi-final loss to Croatia to beat Italy and win bronze in the world water polo tourney. The post Greece Wins Water Polo Bronze appeared first on The National Herald.
Political Class, Central Banks Fail To Resolve Debt Issues
For large European banks, EU nation sovereign debt (such as Greek sovereign bonds) is the senior-most collateral backstopping hundreds of trillions ...
Greece's Collapse Was A Reversion To The Mean… Who's Next?
Indeed, we now know that Greece actually used derivatives (via Goldman Sachs (NYSE:GS)) to hide the true state of its debt problems in order to join ...
257 migrants caught in the Aegean trying to reach Greece from Turkey
Two separate rescue operations conducted by Turkish coast guards on Saturday rescues 257 illegal migrants from war-torn Syria, Afghanistan and ...
Total reboot: How to fix Greece's economy
A man walks with his dog past a mural at a central neighborhood in Athens, Greece, on Aug. 2. In Athens, the heads of the EU-IMF audit mission met ...
Greek government in talks with EU officials over third bailout
The Greek government is in discussion over a draft setting out its third financial bailout agreement drawn up by EU and IMF lenders with hopes of a ...
Finland Throws Support Behind Greek Bailout It Says Won't Work
A third Greek bailout won't work and will only prolong the difficulties plaguing the euro area, according to Finnish Foreign Minister Timo Soini.
Greek police hunting missing Ben Needham are probing eight theories about what happened to the British toddler
Greek police hunting missing Ben Needham are probing eight different theories about what happened to the British toddler, it has emerged. Ben was just 21 months old when he went missing while on a family holiday on the Greek island of Kos in July, 1991.
Varoufakis Becomes Fashion Inspiration
Greece’s former Finance Minister Yanis Varoufakis has become a fashion inspiration with his face and name appearing on t-shirts, skirts and tights. Greek Prime Minister Alexis Tsipras had recently commented on Varoufakis’ choice of wild shirts in parliament. Since his first official appearance with his carefree attitude and unconventional attire, Varoufakis has become something more than an
Greece: Two weeks to reach a deal
… refugees and migrants into the Greek territory this year has been … descendent into crisis. This year, Greece is expected to be the … ’ electoral survival but also for Greece itself. For quite some time …
T Magazine: Ancient Greek Herbs, Foraged for the Modern Chef
… Office Blend tea (rose hips, Greek mountain tea, thyme flowers, peppermint … gin with dittany oregano from Crete. “Greece is a small country,” Koutsovoulou … famous.” Erechtheiou 19, 11742 Athens, Greece, daphnisandchloe.com. By ALAINNA LEXIE …
Navigating the Storm Engulfing Greek Banks
Deposit flight, which has been a periodic feature of the Greek crisis, took off again. The banks were then closed and capital controls imposed after Mr.
Greece says it's close to draft of third bailout
Greek government officials discussed a draft of the country's third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, ...
Greek Banks at Risk of Collapsing
Greek banks are at risk of collapse unless Athens completes an agreement with creditors within next week, said a Spiegel report. The report is based ...
Over 200 Bangladeshis stranded at Greek island
They are victims of human trafficking, Greek police said. The trafficking victims reached Kush by the boat late last month and have been stranded there ...
Greece, creditors seen closing in on third bailout accord
Greece and its creditors were to resume talks in Athens on Sunday with both sides indicating that the terms of a third bailout will be finalised in short ...
“Complete annihilation:” A Greek banker's verdict on last week's market meltdown
On a continent with no shortage of grim financial data, it takes effort to stand out. So congrats to Greek banks, which rose above—or rather, below—the ...
Whistleblower Kiriakou Helps Fight Greek Corruption
John Kiriakou, the former CIA employee jailed for disclosing classified information to journalists, visited Greece last week to talk about corruption. The post Whistleblower Kiriakou Helps Fight Greek Corruption appeared first on The National Herald.