How the world sees Greece
In his end-of-2015 missive, Holger Schmieding of the Hamburg investment bank Berenberg warned his firm’s clients that what they should be worrying about now is political risk. To illustrate, he posted the diagram (right), showing how business confidence ...
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Athens, January 26, 2015/Independent Balkan News Agency By Olga Mavrou All unions in Greece decided for a general strike in private and public sector –even policemen will be on strike, but a day later, on the 5th. Firemen and coast guard will also be on strike. The union of workers and employees in the Public Electricity Corporation […]
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| READ THE ORIGINAL POST AT www.balkaneu.com |
The French interior minister Bernard Cazeneuve made the claim as he argued for the creation of a special task force to travel to Greece to help clamp down on stolen or fake passports.
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| READ THE ORIGINAL POST AT www.dailymail.co.uk |
Another five refugees have drowned in waters off Turkey while trying to reach GREECE in the latest boat accident involving asylum seekers, reports say.
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| READ THE ORIGINAL POST AT www.presstv.ir |
New law allows police to search asylum seekers to secure cash and valuables, as European leaders continue to call for sealing of Balkan borders European states have reacted in some of the most drastic ways yet to the continent’s biggest migration crisis since the second world war, with Denmark enacting a law that allows police to seize refugees’ assets. The vote in the Danish parliament on Tuesday, which followed similar moves in Switzerland and southern Germany, came as central European leaders amplified calls to seal the borders of the Balkans, a move that would risk trapping thousands of asylum seekers in Greece. Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
… travelling onwards to northern Europe. Greece has been the main gateway … people stranded there, Athens daily Kathimerini said. The UN refugee agency … Greek representative, Petros Mastakas, following a meeting with mayors in northern Greece. Greece …
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Athens Stock Exchange opens with losses on Tuesday, reflecting the negative climate in the markets, as European and Asian indexes have plunged.
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Liberty Park Middle School students, from left, Catherine Whitcomb, Ella Denton, Abbie Richenderfer and Audrey Richards, participate in GREEK Day.
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Since the beginning of 2016, the International Organization for Migration (IOM) estimates that 45,361 migrants and refugees have arrived in GREECE by ...
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According to a press release posted on the company's website, the GREECE location, as well as a Maines Food & Party Warehouse store in Ithaca, will ...
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[Migrants and refugees line up to receive food as they wait to cross the border from Greece to Macedonia near Idomeni, on January 21, 2016]The Czech Republic and Slovakia on Tuesday criticised Greece's handling of the migrant crisis and urged the fellow EU member to tighten its borders with Bulgaria and Macedonia to staunch the influx of people.
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The EU's current plan is to protect external borders and, if necessary, expel Greece - not from the eurozone, but from the Schengen Area. That will not keep people from moving to Europe, DW's Bernd Riegert writes. German officials see the strengthening of ...
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Greece is scheduled to launch parliamentary discussions on pension reforms that are a condition for the indebted country to receive more international aid. Farmers vowed to step up protests, nurses took to the streets and sailors prepared to strike as ...
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| READ THE ORIGINAL POST AT www.sbs.com.au |
With more than 1 million people streaming into the European Union hoping for sanctuary or jobs, nations have erected fences, deployed troops and tightened border controls. "What we have worked for, for so many years, we are seeing it crumbling now in front of us," Roberta Metsola, a leading EU lawmaker on migration, told The Associated Press on Tuesday. The legal options for countries like Germany, Austria and Sweden to impose ID checks on everyone who enters, including Europeans, begin to run out. Some 850,000 people arrived there last year, many to the Greek islands after a short but often treacherous sea journey in smugglers' boats from Turkey. Managing the country's vast maritime border would challenge even an experienced government with a fully equipped public service.
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| READ THE ORIGINAL POST AT www.sfgate.com |
Responsible for preparing assigned specialty Greek food items as well as regular menu items during kitchen hours of operation. Expected to know every recipe involved in the station. Must follow recipes and portion control guidelines. Responsible for ...
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GREEK pastitsio Рa layered assemblage of pasta, darkly spiced meats cooked into a brawny filling, and a kefalotyri-and-egg enriched b̩chamel ...
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GREEK yogurt from Nounos Creamery in West Babylon is made the traditional way, and packaged with small-batch preserves. (Credit: GREEK yogurt ...
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| READ THE ORIGINAL POST AT www.newsday.com |
The Little Miss GREEK court includes, from left, Diamond Boykins, CharMaya Anisha Parks, Little Miss GREEK Jayla Johnson, Naomi Wylie Jimenez and ...
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Athens, January 26, 2015/Independent Balkan News Agency By Olga Mavrou The refugee crisis in Europe has led many politicians to propose laws or reforms that would sound like a joke if people were not drowning every day in their effort to reach a wealthy but xenophobic Europe. When Greeks hear those silly proposals get some kind of […]
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Athens, January 26, 2015/Independent Balkan News Agency “Greek shipping was and will be first in the world’s arena” said the president of Greek Shipowners Association Theodoros Veniamis in his opening of the 2nd Shipping Congress of “Naftemporiki” newspaper. Veniamis said that it is a huge hypocrisy the European to condemn the Greek tax system which they […]
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Italy's coast guard said on Tuesday it had coordinated the rescue of 1,271 migrants from rubber and wooden boats in several operations off the coast of Libya. Italy was long at the frontier of sea-borne migration from North Africa, but most of the hundreds of thousands of people arriving in Europe on rickety boats last year took a less risky route to Greece. Vessels from the Italian navy and coast guard and a Slovenian military ship working as part of the European Union naval operation Eunavfor Med conducted the rescues.
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Inchcape Shipping Services has warned of a new 48-hour strike in Greece starting tomorrow which is expected to affect the routes of domestic and ...
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An online petition to acknowledge the work of GREEK citizens during ongoing migrant crisis may result in an actual Nobel Peace Prize nomination.
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GREEK ports will be brought to a standstill by a 48-hour strike tomorrow, the second two day walkout in two weeks. The strike, to protest planned ...
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[A migrant girl tries to warm herself as she disembarks a boat at Lesbos Island, Greece, Monday, Jan. 25, 2016. More than 850,000 people, most fleeing conflict in Syria and Afghanistan, entered Greece by sea in 2015, according to the UNHCR, and already in 2016, some 35,455 people have arrived despite plunging winter temperatures. (AP Photo/Mstyslav Chernov)]BRATISLAVA, Slovakia (AP) — The Latest on Europe's immigration crisis (all times local):
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First, the EC wants to minimize state support for banks, and especially in Italy, which has the highest debt in EMU after GREECE. Second new rules went ...
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More than 1 million migrants and refugees reached Europe a year ago, straining local resources and creating tensions between European countries. The EU can not agree on how on how to fund the €3bn promised to the Turks to halt or slow migrant flows to ...
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| READ THE ORIGINAL POST AT abruzzo.tv |
ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras defended plans to reform the country's pension system on Tuesday, saying it was a difficult but necessary plan to prevent the system from imploding. "Present and future projections leave no room for complacency," Tsipras said in a speech to parliament. "To pay pensions in 2016, the social security system - apart from contributions and state funding - will need to find additional funds of 980 million euros," he said. "We are choosing a difficult path, rather than this dead end." (Reporting By Renee Maltezou, writing by Michele Kambas)
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LONDON, Jan 26 (Reuters) - GREECE launches a parliament debate on a reform of its heavily indebted pension system today, the opening salvo of ...
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LEROS, GREECE—On a grey afternoon on an island off the western coast of Turkey, 23-year-old Hussein sat on a bench gazing out at the sea he had ...
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Athens - GREECE pushed back on Tuesday at a Belgian proposal that Athens should set up camps for hundreds of thousands of migrants on its soil, ...
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Built on common experience, long-term interests and moral principles, Palestine's relationship with Cyprus and GREECE goes back a long way.
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| READ THE ORIGINAL POST AT euobserver.com |
Wednesdays are known as “Jersey Day” for those affiliated with a Greek organization on campus. Greeks wear their letters representing their respective fraternity or sorority. While wearing the letters, members, such as Sigma Sigma Sigma sophomore ...
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A very important find was unearthed at the archaeological site of Aptera, Chania on Crete, Greece. Two small sized sculptures (approx 0.54cm height), one of Artemis made of copper and a second of her brother Apollo made of marble. The statue of Artemis, guardian goddess of Aptera, is in excellent condition and was standing on
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Greece’s parliamentary budget office warns in its quarterly report of the appearance of a fiscal gap for 2016, thereby sending shivers down the spine of government officials who are trying to convince badly battered citizens that recovery is on its way. In the same report the government is taken to task for implementing the same
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Tech companies Threeding and Artec have teamed up in order to participate in the preservation efforts of ancient Greek artifacts. The two companies will be digitizing certain artifacts in 3D form and adding the finished result to their online platform. Their work will revolutionize the museum archiving field and will facilitate the historical preservation process.
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
In an expected move, the majority of Greece’s farmers have said they will intensify their protests against the government, thereby closing the door on further discussions. Farmers have been blocking major roads for several days, causing considerable ...
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
A GREEK oil-tanker owner was asked about transporting Iranian crude, a shipment that's only just become permissible following an easing of sanctions ...
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GREECE has pushed back at a Belgian proposal that Athens should set up camps for hundreds of thousands of migrants on its soil, amid concerns that ...
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| READ THE ORIGINAL POST AT www.heraldsun.com.au |
The Alternate Foreign Minister for European Affairs, Nikos Xydakis, met at the Foreign Ministry today with the Canadian Ambassador to Greece, Keith Morril.During the discussion, which took place in a very friendly atmosphere, the collocutors exchanged views on the general crisis of values in Europe, the EU institutions and cooperation amongst them, and on the need to maintain the unity of the European structure.Reference was also made to the refugee and migration crisis.
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The Foundation for Global Sports Development to Receive Childhelp Hero Award (01/22/16) The Foundation for Global Sports Development to Receive Childhelp Hero Award (01/22/16)
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Bank of England governor says “certain developments” could mean UK assets are seen as riskier, as EU referendum approaches * Summary: Treasury committee grills Carney * Full story: Carney could do eight years at the BoE * Full story: Andrew Bailey is new City watchdog chief * Chinese stock market slumped 6% today * But European markets are recovering 4.06pm GMT THE RECOVERY IN THE OIL PRICE HAS GIVEN A BOOST TO STOCK MARKETS AND FOLLOWS HOPES THAT OPEC WOULD BE WILLING TO CUT PRODUCTION IF NON-MEMBER COUNTRIES - NOTABLY RUSSIA - ALSO AGREE TO REDUCE SUPPLY. Iraqui oil minister Adel Abdel Mahdi said he saw some flexibility for a deal with rival producers, and as a consequence, Brent crude is now up 2.9% at $31.38. But given the recent volatility, the gains may not last long. Chris Beauchamp, senior market analyst at online trading group IG, said: As oil goes, so goes the rest of the market. Yesterday a rapid decline in crude paved the way for stock markets to give up their gains, but today the price of black gold is on the up again, with the reliable market rumour of production cuts providing the foundation for both Brent and WTI to move back above $31 a barrel. At this point, a decision between Opec and non-Opec members to cut production is not the important element; the key point is such talk allows the price to move upwards to a position where bears can hit the ‘sell’ button once again. 4.00pm GMT MORE PROTESTS IN GREECE. Helena Smith reports: Unionists representing Greece’s 35,000-strong nurses’ federation have been protesting outside the finance ministry in the latest display of fury over the leftist-led government’s draft proposals overhauling the pension system. Nurses, who have been hard hit by austerity, starting with relentless rounds of wage cuts, have become increasingly vociferous in recent months. Many turned up in surgery outfits. The country’s union of civil servants (ADEDY) will stage a much bigger protest rally and march this evening to coincide with an extraordinary debate in parliament over the proposed measures. It will be the first time that prime minister Alexis Tsipras clashes in the 300-seat House with Kyriakos Mitsotakis, the newly-elected leader of New Democracy, the centre right main opposition party. The Harvard-educated erswhile banker, among the biggest champions of reform in Greece, has recently been leading polls. Odysseus Trivalas, who heads ADEDY, told me: “Without any prospect of growth or reduction in unemployment the proposed pension reforms are unsustainable. The government keeps saying without these measures the system will collapse but we argue that with contributions so low and unemployment so high it will collapse anyway if the government does not provide extra funding through the budget.” “The funds should have been strengthened with all that money that was initially earmarked for the recapitalisation of banks. They didn’t listen to us and now they will pay the price because these protests are not going to end soon.” Forecasts that Greek banks would need as much as €25bn to withstand possible shocks proved to be vastly over-inflated when it was estimated in November that recapitalisation needs would not exceed more than €5.7bn. Continue reading...
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Greece will have its borders effectively sealed off from the rest of the continent under plans to tackle the migrant crisis, proposed by European leaders Monday night. The European Commission will consider plans that would see the edge of the Schengen ...
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The play “The Balance of Nash” staged at the Experimental Stage of the National Theater of Greece has created a controversy as it uses passages from a book by jailed terrorist Savvas Xeros. According to the press release, writer and director of the ...
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John Paulson's hedge fund, Paulson & Co., entered into a few risky investments that didn't pay off, as noted by ZeroHedge, which resulted in heavy losses and many investors fleeing the fund. Paulson invested millions of dollars into Greece in hopes that ...
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The Greek government tore into European governments with allegations that the country is not doing its part in protecting Europe from the inflow of refugees and migrants. And rightly so. EU’s “big and unfair blame game against Greece,” to use Greek ...
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… 17/30 21 January 2016 Greek engineers wearing their protective helmets … planned pension reforms in Athens, Greece 18/30 21 January 2016 …
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The EU’s accounting watchdog blasted the European Commission for its “weak management” of the financial crisis in a report issued Tuesday into five of the eight bailouts in the European debt crisis, including Ireland and Portugal. The report by the European Court of Auditors into the bailouts of non-eurozone states Hungary, Romania and Latvia (which has since joined the single currency), and eurozone members Ireland and Portugal, found the Commission had overestimated the strength of public budgets and failed to warn EU leaders of growing fiscal imbalances prior to the crisis. It also criticized the management of early bailout funds, saying the Commission did not apply similar conditions to countries in comparable economic situations. “When comparing countries with similar structural weaknesses, it was found that the required reforms were not always in proportion to the problems faced or that they pursued widely different paths,” said the report. The Court of Auditors’ report is one of the first to examine the Commission’s role in assisting member countries, via programs managed by the European Central Bank and IMF. Greece and Cyprus also received sovereign bailouts, which will be the subject of separate reports, and Spain received assistance for its banking system. Among the more damning conclusions of the report is that the Commission lacked “key documents” when implementing bailout programs and that calculations underpinning the Commission’s recommendations were not rigorously checked. The Commission’s spokesperson for economic and financial affairs, Annika Breidthardt, said Tuesday that while the report’s findings were being taken seriously, the bailout programs had clearly met their objectives. “Some of these countries have the highest growth rates in Europe,” said Breidthardt, referring to countries like Ireland that received bailouts and are now on the road to economic recovery. “The Commission accepts that there were weaknesses in the management of these early programs,” she said, in response to a question about poor record-keeping. “The financial crisis was something that developed very quickly and needed very quick responses.” The Commission also said that the report did not take “complex institutional settings” into account, in a written response. It said the role of the EU Council, the IMF, ECB and national governments in implementing bailouts was played down.
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At least five migrants were found dead off Turkey’s western coast on Jan. 26 after their boat capsized as they were trying to reach the Greek coast
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The economic crisis in Greece is also turning out to be bad news for a small Turkish seaside town located not far from a GREEK island in the Aegean ...
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