Customers queue to use a cash machine at a Eurobank branch in Athens in July. 'Greece's economy needs reform,' says one reader, 'but what is ...
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| READ THE ORIGINAL POST AT www.theguardian.com |
How the world sees Greece
Monday, August 17, 2015
Refugee crisis more pressing than Greece says Angela Merkel
Europe’s growing refugee crisis will prove a greater test for the bloc in the long term than the standoff over Greece, according to German chancellor Angela Merkel. Ahead of a crucial vote on Wednesday on whether Berlin will back a third aid package to ...
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| READ THE ORIGINAL POST AT www.irishtimes.com |
Recovering Greece
As she knew well, entrepreneurs sorely lacked such prospects in Greece, a nation paralyzed by financial crisis, rampant unemployment, and political ...
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| READ THE ORIGINAL POST AT newsoffice.mit.edu |
British TV journo jumps into Greek harbor to save man; then causes Twitter furor
ITV's Tom Bradby claims elderly man committed suicide, rails that only 'one of 10' harbor officers jumped into water for rescue
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| READ THE ORIGINAL POST AT en.protothema.gr |
2 billion euros in debts owed to Greek state power utility
Greece's political and economic slide in 2015 also affects state-run power utility
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| READ THE ORIGINAL POST AT en.protothema.gr |
Greece's Missing Drivers of Growth
Analyses and discussions of Greece's economic situation usually begin—and often end—with its fiscal policy. The policies mandated by the “troika” of ...
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| READ THE ORIGINAL POST AT www.economonitor.com |
Germany's Schaeuble gives strong backing to Greek bailout
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Monday he had no qualms about urging fellow lawmakers to approve a new bailout for Greece in a parliamentary vote on Wednesday, citing a dramatic change in the Greek government's readiness to reform.
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| READ THE ORIGINAL POST AT feeds.reuters.com |
Germany's Schaeuble gives strong backing to Greek bailout
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Monday he had no qualms about urging fellow lawmakers to approve a new bailout for Greece in a parliamentary vote on Wednesday, citing a dramatic change in the Greek government's readiness to reform.
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| READ THE ORIGINAL POST AT feeds.reuters.com |
Former Syrian rebel leader joins exodus to Europe _ fleeing government and jihadis alike
In the jostling chaos of a crammed refugee center, one man tries to introduce order — forming migrants into lines and collecting names for overwhelmed Greek police clerks.
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| READ THE ORIGINAL POST AT feeds.foxnews.com |
Greece PM likely to call confidence vote
Greek Prime Minister Alexis Tsipras is likely to call a confidence vote, following Athens' recent controversial approval of a bailout deal with eurozone ...
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| READ THE ORIGINAL POST AT www.presstv.ir |
Nottingham mum flies to Greece to help Syrian refugees stranded on Kos
A mum-of-three is flying to Greece to help the thousands of refugees from war-torn Syria stranded on the party island of Kos. Rachel Miller, of ...
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| READ THE ORIGINAL POST AT www.nottinghampost.com |
Five Things Everyone Will Be Talking About Today
Emerging markets still feeling China's pain, the ringgit's fall brings back memories and Merkel gives a thumbs up to Greece. Here are some of the ...
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| READ THE ORIGINAL POST AT www.bloomberg.com |
Bundesbank Optimistic About the Future of Greece’s Economy
Germany’s Central Bank, the Bundesbank, expressed an optimistic outlook on the Greek economy on Monday, Reuters reported. The Eurogroup agreed to a three-year 86-billion-euro bailout deal on Friday. The German parliament will vote to approve the bailout program on Wednesday, with the result of the vote expected to be positive. In its monthly reports and in the aftermath of Friday’s
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Tension Among Migrants in Lesvos – Police in Kos Make Plea for Help
Tension broke among immigrants and refugees on the island of Lesvos, Greece, on Monday evening. The new arrivals, who were in line outside the police station to get registered, began fighting among themselves after a group got tired of waiting and tried to cut the line. A video from the incident shows rocks and other objects being
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Greek Main Opposition Leader: Calling for Elections Constitutes Political Adventurism
Greek main opposition New Democracy leader Evangelos Meimarakis accused Prime Minister Alexis Tsipras of using talk of national elections as a tactic to resolve an internal party problem, saying it could jeopardize Greece’s road to stability. “He is thinking, ‘I will hold elections, I will be first again, I will limit the party rebels, I
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Cyprus Not Rushing for Settlement According to Cypriot Cabinet Secretary
Cypriot President Nicos Anastasiades and Turkish-Cypriot leader Mustafa Akinci are working hard to reach a comprehensive settlement on the Cyprus problem, Cabinet Secretary Theodosis Tsiolas said on Monday. He added, however, that the Greek-Cypriot side will not rush to conclude any kind of solution. Referring to the UN-led peace talks, Tsiolas noted they take place in
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
The Reason Why Beer Is Cheeper in Greece
Although 19 of the 28 European Union (EU) member-states have adopted the euro as their common currency, the value of goods and services greatly varies from one market to another, according to an article published in French newspaper Le Monde. Recent statistical information provided by Eurostat for 2014 revealed that two main groups are formed in Europe. As
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Schaeuble Seeks Yes Vote on Greek Bailout as IMF Role Set Aside
… billion euros, mainly to repay Greece’s creditors and recapitalize banks … that authorized bailout negotiations with Greece, he said. The IMF wants … “capacity and willingness of the Greek authorities to deliver the required …
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| READ THE ORIGINAL POST AT world.einnews.com |
Brutish, nasty – and not even short: the ominous future of the eurozone
During the Greek crisis Europe missed a historic chance to fix its currency. Now the mess continuesNow the dust has temporarily settled over the ruins of Greece’s economy, it is worth asking if there wasn’t a brief moment when the actors had found a way to cut the eurozone crisis’s Gordian knot. At some point in July German finance minister, Wolfgang Schäuble, appeared to have realised that his dream of a “core Europe” with a Franco-German avant-garde would vanish into thin air if Greece was allowed to remain in the economic and monetary union. Rewriting the rules of the monetary union to accommodate the Greeks, Schäuble realised, would pull the euro southwards, and France, Italy and Spain with it – forever breaking up the European core.His Greek equivalent Yanis Varoufakis, for his part, may have learned from his encounters of the third kind with the Eurogroup that the only role there was for Greece in the Europe of monetary union was that of an underfed and overregulated welfare recipient. Not only was this incompatible with Greek national pride; more importantly, what the governors of Europe would be willing to offer the Greeks by way of “European solidarity” would, at best, be too little to live on. Related: Why is Germany so tough on Greece? Look back 25 years | Dirk Laabs Very few people believe that programmes of this kind – like a Marshall plan – can “kickstart” an economy like Greece’s Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greek elections 'imperative' for stability
Early elections in Greece are "imperative" to maintain the country's political stability as it begins to implement an unpopular third debt bailout, a government minister said Monday.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
World stocks drift as Greece clears hurdle
GREEK CRISIS: Greece cleared a big hurdle late Friday when eurozone finance ministers the country's 86 billion-euro ($93 billion) bailout program.
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| READ THE ORIGINAL POST AT www.sltrib.com |
Greek Bank Bondholders Face Bail-Ins
Greek bank debtholders look set to wave goodbye to a big chunk of money. Greek bank bond prices fell sharply Monday after a statement from the ...
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| READ THE ORIGINAL POST AT blogs.wsj.com |
New efforts to locate mass grave of war victims
Nicosia, August 17, 2015/ Independent Balkan News Agency By Kyriacos Kyriacou The Committee on Missing Persons (CMP) embarked on Monday on a new effort to locate a mass grave with the remains of Greek Cypriots, who went missing since the 1974 Turkish invasion, in the Trachonas area, at the northern occupied part of Nicosia. According […]
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| READ THE ORIGINAL POST AT www.balkaneu.com |
Latest fracas between migrants erupts on Lesvos (Watch vid)
Greek isles under continuing pressure due to smuggling of Third World nationals from opposite Turkish coast
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| READ THE ORIGINAL POST AT en.protothema.gr |
Greece’s 3. bailout: Dramatic decreases in pensions and welfare benefits
How did German Finance Minister Wolfgang Schaeuble say it exactly? “The deal is a good thing and a chance for Greece.” While everybody can assume what Schaueble considered as “good” with Greece’s creditors in his mind, the same “everybody” can assume that if it is good for Greece the country, […]
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| READ THE ORIGINAL POST AT www.keeptalkinggreece.com |
US stocks rise in midday trading after early losses
NEW YORK (AP) — U.S. stocks are rising in midday trading Monday as China's currency steadied and Greece's bailout cleared another big hurdle. An index of manufacturing activity in New York state fell.
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| READ THE ORIGINAL POST AT hosted2.ap.org |
Syrian rebel leader seeks Europe _ fleeing gov't and jihadis
KOS, Greece (AP) — In the jostling chaos of a crammed refugee center, one man tries to introduce order — forming migrants into lines and collecting names for overwhelmed Greek police clerks.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
Merkel Allies Struggle to Ward Off Greek Vote Rebellion
While Angela Merkel is not expected to lose a parliamentary vote backing the Greek bailout agreed by European finance ministers last week, too many defections would damage her credibility.
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| READ THE ORIGINAL POST AT www.wsj.com |
AP PHOTOS: Migrants ditch Turkey for twinkling lights of Kos
BODRUM, Turkey (AP) — The lights of the Greek resort island of Kos twinkle at night, an irresistible lure to the scores of migrants who gather daily on Turkish beaches to cross the Aegean Sea.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
Hydra Tavern Owner Murdered
Greek police said they had detained five people on the popular tourist island Hydra for the torture and murder of a tavern owner. The post Hydra Tavern Owner Murdered appeared first on The National Herald.
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| READ THE ORIGINAL POST AT www.thenationalherald.com |
EU, Greece Have Migrant “Game Plan”
With Greece awash in thousands of immigrants, government and EU officials said they have a "game plan" to deal with them, but didn't say what it was. The post EU, Greece Have Migrant “Game Plan” appeared first on The National Herald.
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| READ THE ORIGINAL POST AT www.thenationalherald.com |
The yacht and the dinghy in the Aegean: a perfect allegory for the migrant crisis
Iranian migrants paddle a tiny dinghy from Turkey to the Greek island Kos, while a vast yacht passes by in a powerful photo that speaks volumes about the situationIt’s a picture of courage. A picture of the human capacity for hope and endurance.But it is also a picture of cold disregard, sleek injustice, and a desperately unequal world. Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Reuters Poll: Greek bailout deal had no impact on money markets
Approval from euro zone finance ministers for a third Greek bailout has not improved sentiment in money markets, a Reuters poll of euro money ...
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| READ THE ORIGINAL POST AT www.reuters.com |
Tough talk in Germany from Merkel's government ahead of Greece vote in Parliament
So far, Merkel's popularity rating has kept up, thanks in part to her hard stance during the bailout talks that forced Greek Prime Minister Alexis Tsipras ...
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| READ THE ORIGINAL POST AT www.startribune.com |
How to magically erase Greek debt with one simple trick
Now that euro-zone finance ministers have approved a new €86 billion ($95 billion) rescue program for Greece and the country has begun a new ...
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| READ THE ORIGINAL POST AT qz.com |
Merkel looks to shore up German support for Greek bailout
BERLIN (AP) — German Chancellor Angela Merkel's government is trying to shore up domestic support for another bailout for Greece — despite skepticism among voters and her conservative party — ahead of a key vote in Parliament this week.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
Germany may seek IMF involvement in Greek bailout
Ed AdamczykBERLIN, Aug. 17 (UPI) -- The Germany legislature's pending approval of the Greek bailout may come with strings attached, German Chancellor Angela Merkel said.
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| READ THE ORIGINAL POST AT www.upi.com |
16-Year-Old Syrian Refugee Dies of Exhaustion on Greek Island
A 16-year-old Syrian refugee was found dead yesterday in a remote area on the Greek island of Kos. He appears to be another victim on the long list of undocumented migrants who lose their lives in the “journey of hope,” travelling from their war-stricken countries toward Europe. According to local media, the young man passed
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Bloomberg: 92% of European Economists in Favor of Greek Debt Relief
In a Bloomberg survey conducted from August 7 to August 14, 92% of 42 European economists argued that Greece should receive some kind of relief on its debt. With the 86-billion-euro Greek bailout deal officially approved from both Greece and its creditors, the participation of the International Monetary Fund (IMF) in the program is still uncertain. The IMF has
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
ITV's Tom Bradby on Greek man he tried to save after driving into a harbour
The event was documented by Mr Bradby, who described in a series of harrowing tweets how he dived in to rescue the pensioner after he deliberately drove his car off the port of Rafina.
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| READ THE ORIGINAL POST AT www.dailymail.co.uk |
Captain Elias hotel in Kos is a haven for migrants trapped in Greece
Hundreds of migrants have found refuge in the Captain Elias hotel on Kos, sleeping on shabby mattresses in the lobby or in makeshift tents made out of bedsheets on the roof.
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| READ THE ORIGINAL POST AT www.dailymail.co.uk |
Greeks must show their support to the banking system, says Katseli
#economy
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| READ THE ORIGINAL POST AT en.enikos.gr |
Yanis Varoufakis: bailout deal allows Greek oligarchs to maintain grip
Former finance minister accuses EU leaders of punishing ordinary people as he argues measures imposed on Greece will make dire economy worseGreece’s former finance minister Yanis Varoufakis has accused European leaders of allowing oligarchs to maintain their stranglehold on Greek society while punishing ordinary people in a line-by-line critique of the country’s €86bn (£61bn) bailout deal.Varoufakis said the Greek parliament had pushed through an agreement with international creditors that would allow oligarchs, who dominate sections of the economy, to generate huge profits and continue to avoid paying taxes. Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greek crisis puts pressure on pharmaceuticals
The Greek medical supply chain is extremely fragmented, with several hundred wholesalers involved in distribution, and half of all drugs imported.
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| READ THE ORIGINAL POST AT www.rsc.org |
What it means to be Greek at Illinois State
If you're not already familiar with Greek life, don't worry. Here are some of the basics you need to understand fraternities and sororities at Illinois State.
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| READ THE ORIGINAL POST AT stories.illinoisstate.edu |
National Bank of Greece (ADR) (NBG): The Way Forward For Greece
As Greece inches closer to unlocking funds from a third bailout package, a lot needs to be put in perspective about what lies ahead for the country and ...
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| READ THE ORIGINAL POST AT www.bidnessetc.com |
Slow response to migrant surge in Kos leaves refugees adrift
The Greek island of Kos has been unprepared for the huge influx of refugees that have landed on its shores. The authorities have done little for the migrants, who have been left to themselves, reports Andrés Caballero.
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| READ THE ORIGINAL POST AT www.dw.com |
Bulgaria welcomes resolution of tax dispute with Greece
Sofia, August 17, 2015/ Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Bulgaria’s Finance Ministry said on August 17 that it welcomed Greece’s ratification of the new bailout agreement with the EU, which included dropping a controversial new tax threatening to strain cross-border transactions between the two neighbours. Authorities in Sofia objected […]
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| READ THE ORIGINAL POST AT www.balkaneu.com |
Southern euro zone yields fall as Greek deal on track, yuan stable
Euro zone finance ministers agreed to lend Greece up to 86 billion euros ($96 billion) after Greek lawmakers accepted their tough conditions despite a ...
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| READ THE ORIGINAL POST AT www.reuters.com |
World Stocks Drift as Greek Bailout Clears Eurozone Hurdle
Global stock markets have started the week on a fairly flat note as the Chinese currency steadies and the Greek bailout cleared another big hurdle.
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| READ THE ORIGINAL POST AT abcnews.go.com |