For some, Armenia's debt picture is conjuring up images of GREECE, though admittedly on a much smaller scale. The tiny South Caucasus country's ...
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| READ THE ORIGINAL POST AT www.eurasianet.org |
How the world sees Greece
Tuesday, October 6, 2015
Children's vaccine shortage confirmed in GREECE
The National Organization for Medicines (EOF) confirmed reports on Tuesday that there are shortages of some child vaccines on the Greek market.
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
EconomyForget GREECE, Venezuela is world's worst economy
Forget Brazil, Ukraine, GREECE and Russia. The crown for the world's worst performing economy this year belongs to....Venezuela. That, at least, is ...
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| READ THE ORIGINAL POST AT registration.ft.com |
Greek fin min says recession shallower than lenders ...
'Greek fin min says recession shallower than lenders forecast' on Yahoo India Finance. Greece's economy will suffer a less severe recession this year than its ...
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| READ THE ORIGINAL POST AT in.finance.yahoo.com |
The Lesson of History: The EU Is a Survivor
A few months ago at the height of the Greek debt crisis, I wrote that the lesson of history is that the EU is a survivor, i.e. European integration wasn't going to collapse no matter what the outcome. The Eurozone countries would find a way to keep Greece inside or else the country would leave the Eurozone willingly or unwillingly. Breaking the taboo on temporary or permanent exit might even increase Eurozone integrity because other governments would take note. When the anti-austerity Prime Minister Alexis Tsipras gave in to the inevitable and accepted harsh terms for a new bailout, the way was open to EU political economy as usual: all-night meetings, ambiguous implementation plans, wiggle-room galore and the potential for political resurrection. Tsipras, having fought the good fight for his country, won a snap referendum of popular endorsement and just a few weeks ago won a snap parliamentary election having maintained Greek dignity. The problem of Greece's huge debt remains to be resolved long term but no one doubts that, along with that country, the Eurozone and European integration have been rescued. Greece's travails are not only off the front pages, they're hardly worthy "news" anymore. The same pattern generally speaking will play out in the sudden, massive influx of refugees/asylum seekers and economic migrants of the past several weeks. European integration as a historical process is beyond a point of no return. Degrees of integration in its various aspects will wax and wane (e.g. national sovereignty vs. European decision-making) and certain structures or functions of EU life may go into rigor mortis (one or more countries exit from the Eurozone or collapse of Schengen internal border-free travel). One or another country might even opt out of the EU, e.g. a British "Brexit" at stake in a referendum to be held sometime before 2017. But even then, not all ties with the EU need be broken. For example, Common Market and other access for a departing country could be set up in some new framework, of which there are already several: association agreements and neighborhood agreements link a variety of countries such as Turkey, Israel, Jordan and even Algeria and Libya to the EU. Brexit would not mean a total overnight divorce and the British would find that divorce is more painful for them than for the Continent, perhaps choosing to think (and vote) again. Brexit would be the start of a long negotiating process ending in another British special relationship. When the Greek crisis broke, media commentators rushed to outshout each other that it was the deepest crisis in EU history; the Eurozone couldn't survive and without the euro all was lost. Surprisingly, the refugee crisis brought even veteran observers to similar views. One Brussels specialist said, "Schengen is the essence of the European Union...if Schengen were to collapse it could mean the whole idea of the EU is no longer valid." At a Council on Foreign Relations meeting a very eminent economist and international bank and institution advisor said, 'this could be the most dangerous crisis since the beginning of European integration in 1951 when the European Coal and Steel Community was created.' German Chancellor Angela Merkel as usual spoke the language of responsibility: the refugee issue is a deeper problem for the EU and will take longer to resolve than the Greek debt crisis. Among other things this in a word put the Greek crisis into perspective. EU internal relationships are under severe stress in organizing what to do with and how to absorb the refugees and would-be migrants. The first issue is attending adequately to their daily lives. In the process, issues of human rights, national sovereignty vs. European solidarity and practical organization must be resolved. The outcome -- the lives refugees will live after the crisis has receded -- is uncertain. What is certain is that the refugees will not be allowed to starve and will be settled (some economic migrants may be sent back) in a reasonably humanitarian way although not without conflict with local populations in some places. As a result of EU member state conflicts over what to do, European integration as a whole may end up more or less, worse or better-off. But the EU is unlikely to collapse. It will adapt and continue muddling through stable times and reacting to sudden crises toward some ill-defined end point. The EU is just too important for European civilization; its integration has become too elaborate structurally and functionally; and too successful in various respects, that Europeans should let it go. Europe will survive the current rise of ugly political populism in certain EU member countries. It will absorb a large number of new arrivals and go on. -- 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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Children's Bodies Wash Ashore on GREEK Beach as Refugee Crisis Continues
The badly decomposed bodies of two children were found washed up on the GREEK island of Kos over the weekend, victims of a massive refugee crisis ...
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| READ THE ORIGINAL POST AT www.pappaspost.com |
Turkish and GREEK coast guard collect 3000 migrants over weekend
In addition, the GREEK coast guard says it has rescued 1,743 refugees or migrants over the weekend in 57 separate search and rescue operations near ...
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| READ THE ORIGINAL POST AT neurope.eu |
IMF trims eurozone growth forecast on GREEK bailout concerns
The International Monetary Fund trimmed its eurozone growth outlook Tuesday, warning that a modest recovery remains hostage to Greeces future ...
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
Opa GREEK Yeeros Will Open This Month in Davis Square
An authentic gryo restaurant is slated to open in Davis Square this month, according to its owner, Kyriakos Kouzoukas. Opa GREEK Yeeros is taking ...
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| READ THE ORIGINAL POST AT boston.eater.com |
Schlissel: GREEK groups eventually may not exist at UM
“There is a culture problem not only among students of GREEK life but significantly inside of GREEK life having do with the overuse of alcohol, which ...
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| READ THE ORIGINAL POST AT www.detroitnews.com |
WVU hires another GREEK life overseer
Dr. Roy W. Baker will begin his position October 30 as the associate dean of students and director of GREEK Life. According to a Tuesday release the ...
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| READ THE ORIGINAL POST AT wvmetronews.com |
Manolas leaves GREECE camp
The centre-back had been due to feature in Euro 2016 qualifiers against Northern Ireland and Hungary. Manolas was diagnosed with a trauma to the ...
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| READ THE ORIGINAL POST AT www.football-italia.net |
Northern Ireland's Josh Magennis eyes start against GREECE
Northern Ireland striker Josh Magennis hopes to replace the suspended Kyle Lafferty for Thursday's crucial Euro 2016 qualifier against GREECE.
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| READ THE ORIGINAL POST AT www.bbc.com |
EU/IMF may start bailout review last week of October
ATHENS The heads of a European Union and International Monetary Fund mission may visit Athens to start a first review of GREECE's latest ...
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| READ THE ORIGINAL POST AT uk.reuters.com |
Greek PM and Austrian Chancellor Visit the Island of Lesvos
Austrian Chancellor Werner Faymann arrived at the Greek island of Lesvos on Tuesday to witness first hand the extent of the refugee crisis in Greece and how it is being managed. Faymann was greeted by Greek Prime Minister Alexis Tsipras upon his landing at the island’s airport. The two statesmen witnessed refugees boarding the “Eleftherios Venizelos” passenger ship
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Greek Scientist in California Explains Factors Fueling Brain Drain in Greece
A new opinion piece, entitled “Free Greek science from political hampering,” was published in EuroScientist, the official publication of the EuroScience non-profit association of researchers in Europe, by SciencePOD on Monday, October 5, 2015, urging the Greek political class to support research in Greece in a meaningful way. The article was conducted by professor of medicine, health research
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
New Gucci Advertisement Includes Song by Greek Band
A newly released advertisement by Italian fashion brand Gucci includes a song produced by a Greek band thirty years ago. This Greek band called Alive She Died, came together in 1984 and was active until 1987 when they disbanded according to Greek media reports. The song that accompanies the visuals in the nearly three-minute advert for Gucci’s 2016
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
MEGA Problems at one of Greece’s Biggest TV Stations Due to Announced Wage Cuts
MEGA television network, one of Greece’s five major television networks, did not air their nightly news broadcast on Monday evening, as the company’s employees went on strike from 6 pm until 12 am in protest of the anticipated cut in wages. Efsyn.gr notes that the network’s administration had previously informed employees that there will be mass wage
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
EU Commission’s Costello: ‘Good Chance’ of Success for New Greek Programme
The new programme for Greece has a “good chance” of succeeding, the European Commission’s head of mission for Greece Declan Costello said, on Tuesday. Costello made the statement while attending an event on the Greek programme at the Centre for European Policy Studies (CEPS) think tank in Brussels, also attended by former minister Nikos Christodoulakis.
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Refugees ‘a European problem’: Greek PM
… Werner Faymann yesterday visited the Greek island of Lesbos, a main … East. Faymann, who arrived with Greek Prime Minister Alexis Tsipras, was … set up hot spots in Greece and Italy.”It is not … the point of entry, in Greece and Italy. — dpa
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| READ THE ORIGINAL POST AT world.einnews.com |
Austerity vs. The People's Health: How Greeks Built Their Own Health System (Part I)
… the past five years in Greece. Here, austerity has forced self-organization … Rethymno- was to open on Crete, the idyllic island that is … started getting demand from native Greeks. Those who came were from …
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| READ THE ORIGINAL POST AT world.einnews.com |
The last 6 months of stock market headlines and overreactions in one chart (DIA, SPX, SPY, QQQ, TLT, IWM)
March seems like a long time ago. And it is. Fortunately, the folks at Bespoke annotated the last six months of S&P 500 moves and put them in one chart so that we can all reminisce on what a half-year it has been. But take a look back at what's happened in the stock market over the last six months and perhaps you'll recall fond memories of the latest Greek debt crisis, or March headlines that rate hikes from the Fed could be coming in June, or the late August meltdown about fears over China. SEE ALSO: AMAZON PRIME IS WREAKING HAVOC ON COLLEGE MAILROOMS SEE ALSO: WARREN BUFFETT AND JEREMY GRANTHAM HAVE BEEN WARNINGS US ABOUT THIS MOMENT FOR YEARS Join the conversation about this story » NOW WATCH: How to invest like Warren Buffett
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| READ THE ORIGINAL POST AT www.businessinsider.com |
Greek arms dealer arrested for suspected bribes for Russian anti-tank missiles
These arms purchases and arms deals are very lucrative deals. They made a few Greeks rich, especially officials in the Greek Defense Ministry. They cost the Greek people millions and million of euros or dollars then it was taxpayers’ money that was turned into kickbacks and bribes. Too bad that […]
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| READ THE ORIGINAL POST AT www.keeptalkinggreece.com |
European Union Seeks Turkey's Help to Block Migrant Flows
The European Union wants more Turkish cooperation with Greece and other EU neighbours to stem migration flows and in return is ready to offer more funding for Syrian and Iraqi refugees in Turkey under...
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| READ THE ORIGINAL POST AT www.ndtv.com |
Greece to Ready Refugee Centres by November as European Union Pledges Help
Greek Premier Alexis Tsipras said today Athens would upgrade its refugee facilities by November to tackle the growing influx from Syria as the EU pledged 600 extra staff to help.
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| READ THE ORIGINAL POST AT www.ndtv.com |
Was the EU easier to manage with 15 members?
Reaching a common agreement between the 28 EU member states is a permanent headache and the difficulties are growing in times of crisis. The financial turmoil in Greece or the refugee drama have led to more misunderstanding and animosity between the EU countries. Recently a vote at the European Council on refugee quotas emphasized the widening rift between […]
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| READ THE ORIGINAL POST AT euranetplus-inside.eu |
Isabelle Huppert to stage London theatre return in Phaedra
Celebrated French actor to take lead role in production by Krzysztof Warlikowski at the Barbican in June The French actor Isabelle Huppert is to return to the London stage for the first time in 20 years in a retelling of a Greek myth. Huppert, the most nominated female actor for the César award, the French equivalent of the Bafta, will take the lead in Phaedra at the Barbican in June 2016. Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Turkey to Step up Cooperation with Neighbours from EU on Migrants' Readmission
Turkey intends to intensify cooperation with Bulgaria, Greece and Romania to smoothly readmit irregular migrants who don’t need international protection and have been intercepted by the authorities of the three EU member states, according to a Turkey-EU draft action plan. European Commission President Jean-Claude Juncker handed over the blueprint for stepping up cooperation in coping with the migrant influx to Turkey’s President Recep Tayyip Erdogan on Monday in Brussels. Under the plan, Turkey also intends to step up cooperation with Bulgarian and Greek authorities to prevent irregular migration across their common land borders by effectively implementing the tri-partite agreement signed in May 2015, the EU Commission said in a statement. The Turkish government also intends to strengthen the visa requirements and residence rules applicable in Turkey to nationals from countries that are potentially source of irregular migration for Turkey and the EU. The action plan elaborated jointly by the European Union and Turkey reflects their agreement to step up cooperation on support of refugees and migration management in a coordinated effort to address the unprecedented refugee crisis created by the situation in Syria and Iraq. Work is ongoing to reach agreement on the details of the plan which is offering a two-pronged approach to addressing the crisis: by supporting the refugees and their host communities in Turkey and by boosting cooperation to prevent irregular migration flows to the EU. Turkey has already spent more than EUR 6.75 B of its own funds to address the crisis. The influx of refugees from Syria and Iraq into Turkey has exceeded 2.2 million to date. Under the plan, the EU intends to mobilise up to EUR 1 B for the period 2015-16 to support Turkey in coping with the challenge represented by the presence of Syrian and Iraqi refugees on the country’s territory. The identification of the funds to be mobilised and the areas where they should be allocated will be discussed and agreed with the Turkish authorities. In this respect, priority will be given to the opening of the six refugee reception centres built with the EU co-funding, according to the statement.
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| READ THE ORIGINAL POST AT www.novinite.com |
I’m Not Losing My Kefi (Spirit) Just Yet
We Hellenes abroad want Greece to be perfect and so we keep our optimism and hope alive against the overwhelming odds. The post I’m Not Losing My Kefi (Spirit) Just Yet appeared first on The National Herald.
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| READ THE ORIGINAL POST AT www.thenationalherald.com |
Eastern European nations jointly secure Schengen passport ...
World Eastern European nations jointly secure Schengen passport-free border, worry about Greece
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| READ THE ORIGINAL POST AT www.foxnews.com |
OU Phi Lamb and BYX offer traditional GREEK aspect within Christian community
OU Phi Lamb and BYX offer traditional GREEK aspect within Christian ... men and women on campus can find their place in Christian-based GREEK life if ...
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| READ THE ORIGINAL POST AT www.oudaily.com |
GREEK Food Festival set for this weekend
The annual St. Anne GREEK Food Festival is scheduled for this weekend at the St. Ann Orthodox Church (Lewisburg Grange Hall), 6000 N.E. Elliott ...
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| READ THE ORIGINAL POST AT www.gazettetimes.com |
Greece Is the Word as U.K. Conservatives Trumpet Economic ...
Greece may be a continent away, but Prime Minister David Cameron’s Conservative Party can’t stop talking about it. Having spent the election campaign telling ...
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| READ THE ORIGINAL POST AT www.bloomberg.com |
waives certain rights under loan agreement with Greece
… Greece with respect to events of default which were triggered when Greece … of the fact that the Greek government had cleared its arrears … or ESM loan agreements with Greece.
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| READ THE ORIGINAL POST AT world.einnews.com |
34 Migrants Held Captive by Afghan Gang in Greece
The Greek police freed 34 migrants including men, women and children, who were being kept captive in a flat in Athens, Greece, by an Afghan gang. The gang members were described as extortionists who were “preying” on migrants who had just arrived in the country, according to Associated Press. Hundreds of thousands of migrants have arrived in
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Tax Inspectors Verbally Abused at Greek Fair for Imposing Fine on Merchant
Tensions rose at a fair in the area of Florina in Macedonia, Greece when tax inspectors imposed a fine on a merchant who was selling their product at the fair. Greek media reports that the three tax inspectors who attended the fair were verbally abused for issuing a 2,500 euro fine to a merchant who printed receipts with an undeclared
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
IMF Predicts Greek Recession in 2015 and 2016 – Recovery in 2017
The International Monetary Fund foresees a deteriorating Greek economy, at least for the following year. In its World Economic Outlook report for October 2015 the IMF predicts that by the end of 2015 Greek GDP will have fallen by 2.3%, while in 2016 the country will have a recession of a 1.4% level. At the same
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Piraeus Port privatization set for delay
Athens, October 6, 2015/ Independent Balkan News Agency By Zacharias Petrou The Greek government plans to delay the privatization process for its largest Port, Piraeus, by a few weeks due to delays caused by the September 20 election to the works of the ministries involved in the procedure. “We will fall behind by about 20 […]
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| READ THE ORIGINAL POST AT www.balkaneu.com |
Austria shows solidarity with Greece on migrant crisis
Leaders visit Lesvos, where some 200,000 migrants have landed on an island of 86,000 people.
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| READ THE ORIGINAL POST AT www.politico.eu |
'The king of British private equity' thinks the European Union will disintegrate in 15 years' time
Guy Hands, one of the UK's most prominent private equity investors who once described as the "the king of British private equity" by Reuters, thinks the European Union will disintegrate in 15 years' time. Europe is facing its biggest crisis since the Second World War, according to Hands, who founded Terra Firma Capital Partners. He said there is a perfect storm brewing – weak leadership, political extremism and record immigration. All this will tear apart the 28-nation trading bloc by 2030, he says. "I'm not sure in 15 years time the European Union as we know it will exist. And I'm pretty sure if it doesn't exist we'll have wars in Europe. Whether they're internal wars or wars between countries I don't know but as sure as night follows day, we'll have wars. And that really scares me," Hands told Bloomberg's Guy Johnson at a conference in London on Tuesday. "We have the right of politics in Europe raising its head and the left of politics in Europe raising its head. You know, those were dead for 20-odd years," he said, before adding that the centre of the political spectrum is now losing ground. "The consensus is breaking down on a nationalistic basis. It's breaking down on a political basis. And at the same time you have this enormous issue with migrants. I'm very nervous that Europe doesn't have the leadership to deal with this." His words echo those Jim Mellon – a Tory and UKIP donor with a net worth of around £850 million ($1.3 billion) – who told the BBC earlier on Tuesday that the Euro will implode within "10 to 15 years" as both France and Italy fall in to a Greece-like debt spiral. Hands made the comments at the same conference where UBS investment bank chief Andrea Orcel said he drills his young traders in catastrophe scenarios "every month, every week, every day." So it looks like the world is taking a slightly bearish turn. Join the conversation about this story » NOW WATCH: The one thing you can add to coffee for even more energy in the morning
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| READ THE ORIGINAL POST AT www.businessinsider.com |
The Latest: Eastern European Nations Jointly Secure Borders
The Latest: Eastern European nations jointly secure Schengen border, worry about Greece
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| READ THE ORIGINAL POST AT abcnews.go.com |
Sick of being sick
Students should watch out for the cough as things get colder, because getting sick can be the thing to ruin their schedules. Being GREEK while sick is ...
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| READ THE ORIGINAL POST AT www.uiargonaut.com |
Three More People Arrested in Connection with GREEK Military Bribery Scandal
Three more people were arrested on Tuesday under the suspicion of bribing GREEK military officials for armament purchases. GREEK weapons ...
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Greek Food Festival preparations under way
The Greek Food Festival will be held from 11 a.m to 8 p.m. daily Wednesday, Oct. 7, to Friday, Oct. 9, at The Annunciation Greek Orthodox Church, 32 East Ross Street ...
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| READ THE ORIGINAL POST AT timesleader.com |
Roles reversed as North Ireland face winless Greece ...
Read 'Roles reversed as North Ireland face winless Greece' on Yahoo Sports Canada. No two countries coming face to face in this week's European qualifiers better ...
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| READ THE ORIGINAL POST AT ca.sports.yahoo.com |
Italy to begin relocating Eritrean refugees this week
Italy will begin relocating refugees this week under a European Union plan that aims to spread the burden of the continent's biggest migrant crisis since World War Two, the EU's migration commissioner Dimitris Avramopoulos said on Tuesday. The EU plans to relocate a total of 160,000 migrants, mostly Syrians and Eritreans, from the frontline countries of Greece and Italy to other member states in the 28-nation bloc. Speaking to reporters during a visit to the Croatian capital Zagreb, Avramopoulos said he would personally attend the departure of the first batch of migrants from Italy.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
In the midst of a financial crisis, Penn student meets the president of GREECE
Penn student Elias Gerasoulis discussed the Greek economic crisis with President of GREECE Prokopis Pavlopoulos. | Courtesy of American Hellenic ...
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| READ THE ORIGINAL POST AT www.thedp.com |
Standing with Attica for the Future of GREECE
The case of GREECE is worth standing for: due to its geopolitical burden in troubled times but also due to the fact that GREECE belongs to the same ...
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| READ THE ORIGINAL POST AT www.huffingtonpost.com |
The Annunciation Greek Orthodox Church’s Greek Food ...
The Annunciation Greek Orthodox Church’s Greek Food Festival is selling all types of goodies. Annunciation Greek Orthodox Church’s food festival offers lunch ...
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| READ THE ORIGINAL POST AT timesleader.com |
Northern Ireland v Greece: Norwood confident of ...
From Yahoo Sports Singapore: Oliver Norwood expects Northern Ireland to book their place at Euro 2016 when they take on bottom side Greece on Thursday.
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| READ THE ORIGINAL POST AT sg.sports.yahoo.com |