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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, May 3, 2016

Princess Olympia of GREECE attends Met Gala in a Balmain mini-dress and thigh-high boots

The only daughter of Pavlos and Marie-Chantal, the Crown Prince and Princess of GREECE, paired the patterned dress with pale pink suede boots that ...


READ THE ORIGINAL POST AT www.dailymail.co.uk

Gov't promotes spending cutting mechanism to avoid vote on contingency measures

Government officials and representatives of GREECE'S creditors on Tuesday pushed on with negotiations aimed at reaching a staff level agreement ...


READ THE ORIGINAL POST AT www.ekathimerini.com

Turkey Waives Visas for EU Citizens, Awaits Visa-Free Travel Decision for Its Nationals

Turkey has decided to lift visa requirements for all EU citizens in a move aimed at ensuring visa-free travel to Europe for its own nationals. The Turkish government adopted the decision granting visa-free travel to citizens of the 28 EU member states late on Monday, according to the country’s Official Gazette. The decision, which is part of a wider agreement on visa liberalization, followed reports saying that the European Commission was going to propose to ease visa requirements for the travel of Turkish citizens to the EU’s borderless Shengen Area on 4 May. However, EU governments and the European parliament, which have the final say over approval, could reject the proposal. "With this decree, Turkey has fulfilled one more of the important benchmarks for visa liberalization," European Commission spokesman Margaritas Schinas told a briefing in Brussels on Tuesday, according to Reuters. Visa liberalisation was offered in return for Turkey taking back migrants who had crossed the Aegean Sea to Greece. The EU fears that without the deal on migration signed in March, Ankara won’t control the flow of migrants into Europe.


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Latest deadline for deal between Athens, lenders May 9; Greek govt optimistic, sources pessimistic

A top government meeting chaired by Greek PM Alexis Tsipras was held on Tuesday afternoon, with all eyes now on a May 9 Eurogroup meeting as the latest deadline to achieve a first review of the Greek program (third bailout). Previous deadlines in April and ...


READ THE ORIGINAL POST AT www.naftemporiki.gr

Heavy downpour causes flooding around southeast Europe

Warnings issued in Bulgaria, eastern Greece and along Turkey's west coast mainly for heavy rain and large hail.


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Community Notes: Greek Fest date set

The Sheboygan North High Class of 1957 has scheduled its annual reunion luncheon for Aug. 13 at Town and Country Club. Call 920-207-1804 for more information. Master naturalist Andy Raddatz will lead a bird hike at Kohler-Andrae State park at 8 a.m. on ...


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Kanye West and Kim Kardashian Glitter at the Met Gala

… very pregnant curves in Mykonos, Greece, May 17, 2013. The reality … their boat ride in Mykonos, Greece, April 27, 2013. INFphoto.com …


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Royals at the Met Gala: Queen Rania, Charlotte Casiraghi and Princess Olympia of Greece

… Casiraghi and Princess Olympia of Greece, showed up for fashion… THE CAMERA Princess Olympia of Greece took on fashion's … : Getty Images Princess Olympia of Greece was a proud member of …


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A Sneak Peek into Greek Songfest 2016

In halls and practice rooms all over campus, groups of students have spent the last four months writing, choreographing and rehearsing, all in preparation of a one night event; for all those involved, the day they’ve been working for is finally here.


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FORMER GREEK FINANCE MINISTER: Why Hillary Clinton is a 'dangerous person'

Former Greek finance minister Yanis Varoufakis, author of “And The Weak Suffer What They Must?,” has some strong opinions when it comes to presidential candidate and former Secretary of State Hillary Clinton. He explains why he thinks she’s a ...


READ THE ORIGINAL POST AT www.businessinsider.com.au

This Week in Greek History- Penelope Delta

This week in history, on May 2, 1941, Penelope Delta killed herself in Athens, devastated that the Germans had invaded Greece that very day. The daughter of wealthy Greek benefactor Emmanuel Benakis, and brother of Antonis Benakis, founder of the Benakis Museum in Athens, Delta was one of the most prolific, if not the earliest, […]


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World Press View: Greece Will Miss Reform Deadline

Despite predictions from Greece's government a deal with creditors over reforms attached to a third bailout is imminent, it won't happen.


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Politico Europe: Mitsotakis is a promising new leader for GREECE

Kyriakos Mitsotakis is among the three policies that have significant influence on developments in their countries and on the European level, ...


READ THE ORIGINAL POST AT www.tornosnews.gr

Moscovici: Cautiously optimistic over Eurogroup meeting agreement on GREECE

"All sides wish GREECE to return to growth and to create jobs for the young people" noted Moscovici adding that GREECE is at the forefront and on the ...


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Ragousis's Next GREECE targets 'parasitic' habits

Next GREECE (Epomeni Ellada) aims to break with the habits of “parasitic GREECE, the dark side of the post-dictatorship era” said a recent statement.


READ THE ORIGINAL POST AT www.ekathimerini.com

Refugees arrivals at low levels in GREECE during the last days

Refugees and migrants' flow to the Greek islands remained at low levels during the last days. No arrivals were recorded on Lesvos in the last four ...


READ THE ORIGINAL POST AT www.tornosnews.gr

Moody's: GREEK bailout review talks might extend to July

Further on, the report says that Greece has a lot of debt repayments to make until July, while at the same time the GREEK government faces the great ...


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EU's Tusk calls for sealing GREEK debt talks by end-May

BRUSSELS, May 3 (Reuters) - European Council President Donald Tusk on Tuesday called for a deal in GREEK debt talks by the end of the month and ...


READ THE ORIGINAL POST AT www.dailymail.co.uk

Migrant flow to GREEK islands ebbs but camps full

The atmosphere in the Idomeni camp has been calm over the past few days despite rumors that GREEK authorities have been poised to evacuate the ...


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Whole Foods' co-CEO says business is 'inherently socially responsible' - here's why that's wrong

BEVERLY HILLS — Yesterday, I moderated a panel at the Milken Global Conference featuring founders of companies with social missions. One panelist was John Mackey, the co-founder and co-CEO of Whole Foods Market. Mackey made a bold claim: "Business is inherently socially responsible." You can see his argument here, starting at 9:50: Youtube Embed: http://www.youtube.com/embed/ZphjRARjXig Width: 560px Height: 315px "Business is creating value for its customers, right?" Mackey said. "It's creating jobs, providing benefits, helping people, giving them opportunities to learn and grow in the workplace, trading with suppliers — and that money ripples through the economy that way and creates more prosperity. They're creating value for their investors, they pay major taxes, they are philanthropic. I mean, business doesn't have to atone for being a business." Whole Foods operates under a list of eight core values that describe how the company aims to serve various stakeholders. Only one of the eight core values is directly about shareholders — "we create wealth through profits and growth" — but Mackey argued the company's stated goals for serving customers, employees, the environment and other parties are mutually reinforcing with its goal of making profits for its owners. I think Mackey is right that businesses are responsible for much of what's good in life. Businesses are voluntary associations of customers, employees, investors and suppliers, and it's true that getting them all to work together generally depends on finding ways to make every stakeholder better off for being involved in the business. But I wouldn't go so far as to say business is "inherently socially responsible." There are a lot of ways businesses can and do make profits for their shareholders by being socially irresponsible. Here are some common ways: * Imposing negative effects on non-stakeholder parties, for example by polluting. * Preying on consumer irrationality, for example by promoting addictive substances and gambling. * Taking advantage of inefficient markets where quality is difficult to evaluate in order to provide bad value to the customer (especially common in health care and education). * Lobbying for special government privileges to exclude competitors. * Taking risks that will be borne by the government in a severe crisis (a major problem in finance.) Businesses exist to make profits. Sometimes they do this by finding mutually beneficial activities to pursue with employees and customers; sometimes, they do it through the approaches listed above. One way is not inherently more desirable to investors than another, which is why it's important to make rules that push businesses toward the socially responsible options. [whole foods]Counse/flickr Then there is the issue of the distribution of the benefits among the stakeholders. In general, every voluntarily participating party is made better off by business growth, but how those benefits get shared depends on public policy and economic conditions. Over the last few decades, worker power in wage negotiations has declined, partly due to the reduction of union membership and partly because of frequent slack in the labor market. Wages rise quickly when businesses must compete for a small number of available workers; for most of the last 30 years, unemployed workers have been too plentiful to push wages up as fast as the economy is growing. This has meant that, when businesses have caused the economy to grow, workers have not shared as fully in the gains as they used to. This is perhaps the best example of why business is not _inherently_ socially responsible: businesses delivering for their workers is not inherent, it's conditional on businesses being placed in situations where they must deliver for workers in order to make profits. I mostly agree with Mackey: Two cheers for businesses, which deliver all sorts of things we want and make our lives better. But let's also make sure they operate within a policy and economic framework that makes them good for everyone, and that ensures the benefits of growth are shared equitably with employees. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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EU executive to propose reforming asylum system

[A girl looks on as migrants line up to receive personal hygiene goods distributed by the United Nations High Commissioner for Refugees (UNHCR), outside the main building of the disused Hellenikon airport]The European Union's executive will propose a reform of the bloc's asylum rules on Wednesday, EU sources said, that reflects caution in the face of deep divisions among governments about how to handle the migration crisis. The European Commission last month floated scrapping a rule in the so-called Dublin system that gives responsibility for handling asylum claims to the first EU state a person enters -- a rule that has placed heavy burdens on Greece and Italy.


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The moment of reckoning for government's budget

More on this story by Odysseas Kripotos and Themis Kallos. Our program participates in the initiative of Australia's Hellenic community, We speak Greek in March. Thursday 31st of March is the day devoted to the term "mythology... Our program ...


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GREECE, Iran sign MoU on stocks coop.

TEHRAN, May 03 (MNA) – Signing an MoU on Tuesday in Tehran, Iranian and Greek officials agreed to cooperate in the field of stock exchange ...


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European Commission: GREECE to return to growth in H2 2016

In its comments on GREECE, the European Commission noted that the Greek economy showed remarkable durability in 2015. According to the report, ...


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Pet Supplies Plus to hold opening event for GREECE store

Pet Supplies Plus LLC—a national retailer of pet products—plans an opening event May 7 and 8 at its GREECE store at 3177 Latta Road.


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Germany's Schaeuble doesn't expect any great GREEK crisis this year

Germany's Schaeuble doesn't expect any great GREEK crisis this year. Tue 3 May 2016 16:57:29 GMT. Author: Ryan Littlestone | Category: News.


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Survey: GREEK Islands top destination in the world for solo travel

The relaxing GREEK Islands are the first holiday destination in the world for those who prefer to travel alone, according to a recent survey conducted by ...


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Obama Compares Clinton to GREEK King Punished for Eternity for Self-Aggrandizement and Deceit ...

An ancient GREEK king, he was forced to spend eternity pushing a boulder up a hill, that always rolled back down to the bottom just as he reached the ...


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Critical meeting for GREEK bailout review negotiations on Wednesday

The Eurogroup meeting for Wednesday 9 May is expected to be a turning point in the negotiations for the GREEK bailout review, in light of the revised ...


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Escape to Greece’s Peloponnese wine country

Peloponnese wine country, just 90 minutes drive from Athens, is a must. The Peloponnese Peninsula, the southernmost part of continental Greece, is a landscape dominated by mountains, plateaus and valleys. It is also home to the largest wine region in Greece.


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Germany's Schaeuble rules out 'big Greece crisis' this year

"We will have no big Greece crisis this year," Schaeuble said, adding that the country was on its way to making visible progress. He did not elaborate. Sources told Reuters on Monday that talks on concluding Greece's bailout review were progressing only ...


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Missing GREECE man found dead

Gates, N.Y. - Search crews found a missing GREECE man dead Tuesday morning after a cadaver dog found him dead in the Erie Canal. Kurt Freese, 45 ...


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Einhorn's Greenlight Capital bets on natural gas and Yelp

In the letter, seen by CNBC, Einhorn also revealed he has exited GREEK banks at "an almost complete loss" but has made a bullish bet on business ...


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EU's Tusk urges GREEK debt deal 'very soon'

European Council President Donald Tusk addresses the European Parliament during a debate on the conclusions of last March 17 and 18 European ...


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Athenian owl GREEK coin highlights NGC Ancients sale

In this week's Market Analysis we're highlighting three ancient GREEK silver coins that sold at Heritage's April 14 to 19 auctions held at the Chicago ...


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National Council on Foreign Policy convenes (Foreign Ministry, 26 April 2016)

The National Council on Foreign Policy met in a constructive climate today, under the chairmanship of Foreign Minister Nikos Kotzias. The meeting focused on the course of Greek-Turkish relations.Mr. Kotzias briefed the representatives of the political parties on all of the aspects of Greek-Turkish relations and presented the Greek government’s positions in detail. He also referred to Greece’s relations with neighbouring countries in Southeast Europe, in light of the quadrilateral meeting held last week in Thessaloniki.Finally, Mr. Kotzias presented to the participants the Foreign Ministry’s planning for the coming time, highlighting, among other things, the Greek initiatives for promoting trilateral...


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Increasing risks surrounding EU economy

The European Commission lowers its economic forecast for this year and the next. Downside risks have grown, externally from the increasing oil price and the slowdown in emerging markets, and at home the Greek turmoil and the possible Brexit could hinder future growth. The European economy is expected to grow by 1,8 percent this year […]


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A breathtaking spot in Greece served as inspiration for 'Game of Thrones'

While breathtaking Meteora looks like it's from another world, it's a real place. The UNESCO World Heritage site, in Greece, is home to a series of Eastern Orthodox monasteries balancing on top of cliffs, and served as inspiration for the Eyrie in "Game of Thrones." _Story by Ian Phillips and editing by Jeremy Dreyfuss, footage by Max Seigal_ FOLLOW INSIDER POP CULTURE on Facebook FOLLOW INSIDER on YouTube


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Commodities are sliding (USO, WTI, OIL, VDE, GLD, GLX, SLV)

Several commodities fell on Tuesday amid a small recovery in the US dollar.  Gold, silver and crude oil were all weaker in late-morning trading as the broader stock market also sold off.  The drop in commodities came as the US dollar regained some footing after six straight days of declines. The dollar index, which gauges it against a basket of other major currencies, rose 0.2% in late-morning trading to as high as 92.86.  Against the yen, the dollar fell below 106 for the first time since 2014.  [Screen Shot 2016 05 03 at 11.16.48 AM]West Texas Intermediate crude oil futures in New York fell nearly 3% to as low as $43.38 per barrel, after opening up close to the $46 mark. Crude was the best-performing major asset in April, and has now dropped 7% from the intra-day high reached on Friday.  [Screen Shot 2016 05 03 at 11.18.20 AM] Gold futures also retreated, falling nearly 1%, or about $8.70 an ounce, to as low as $1,284. On Monday, the precious metal rose to a 15-month high above $1,300.[Screen Shot 2016 05 03 at 11.17.44 AM] And, silver fell 1.4% to as low as $17.340, also retreating from multi-month highs.   SEE ALSO: PETROCURRENCIES ARE GETTING CRUSHED — HERE'S WHAT'S HAPPENING IN FX Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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There's another side to the housing market's gigantic problem

[dome house weird] Everyone wants a house, and that's a big problem. According to recent data from the Conference Board, the number of Americans indicating that they plan to buy a home in the next six months is at historic levels. "Meanwhile, according to the Conference Board, although the share of households planning on buying a home in the next six months ticked down in April to 5.4%, that is significantly above the average of 3.6% recorded since 1978," wrote Matthew Pointon, property economist at Capital Economics. We've noted in the past there is a substantial issue in the housing market right now. Too few homes are being built for the number of people that want to move to them, thus driving up prices and keeping some lower-end or first-time buyers out of the market. The Conference Board data and Pointon's breakdown show, however, that it isn't just that supply can't keep up with simple demand. Supply can't keep up with a _historically_ massive amount of demand. This, in turn, creates the price inflation. [Screen Shot 2016 05 03 at 10.16.25 AM] Part of the demand story is simply the effect of the right economy at the right time. "Mortgage interest rates are still close to record lows, and jobs are being created at a decent pace," wrote Pointon. "And with households expecting house prices to continue to rise, there is an incentive to buy now to benefit from those gains – particularly given the fact that the return on other assets is currently very low." Add those factors up, plus the sluggish housing starts data and expensive land prices, and you get exploding housing costs. "After accounting for seasonal variations, CoreLogic reported a very strong gain in house prices of 1.9% m/m in March," said the note. "On the face of it, that is the largest monthly gain for 11 years." Pointon did note that CoreLogic does have a proclivity to get revised down, however, so this number may not be quite as high. There is one thing holding demand back, credit. "The latest Ellie Mae data showed that the average FICO score for successful applications rose in March to 722, and that will be preventing many households from qualifying for a mortgage," wrote Pointon. This could mean that some of the historically high intention to buy a home may just be wishful thinking. Demand, however, is certainly higher and that's making the housing market's pricing problem even worse. SEE ALSO: THIS CHART EXPLAINS EVERYTHING THAT'S WRONG WITH THE HOUSING MARKET Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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At 55, Greek Food Fest in Oakland is strong as ever

St. Nicholas Greek Orthodox Cathedral in Oakland is gearing up for its 55th annual Greek Food Festival. Truth is, they’ve been gearing up for months. Marcie McGuire, chair of pastries, said the cooking and baking always begin in January, and the food is ...


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EU: 'Cautiously optimistic' on successful review in Greece

Kouyialis discusses animal, plant health with EU... European Commissioner for Financial Affairs Pierre Moscovici appeared cautiously optimistic over a possible agreement at Monday's Eurogroup during the presentation of the European Commission's spring report.


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Greek ‘Fasolada’ Sandwich Gets 2nd Place in International Competition

Carolina Pliatsika won second place in an international culinary competition in Paris by making an original sandwich called “Bean Soup Deconstructed”. The Greek chef took the traditional ‘fasolada’ (bean soup) – supposedly Greece’s national dish for the poor – and twisted it beyond recognition, creating a mouth-watering sandwich that impressed the jury of the 11th


READ THE ORIGINAL POST AT greece.greekreporter.com

54,042 Identified Migrants and Refugees in Greece on Tuesday

54,042 identified refugees and migrants were on the Greek territory on Tuesday including 61 persons that arrived on the Greek islands in the last 24 hours. According to the Refugee Crisis Management Coordination Body’s figures, 29,283 of the refugees are in northern Greece, 10,172 of them are in Idomeni camp, 14,308 are hosted in the


READ THE ORIGINAL POST AT greece.greekreporter.com

European Union and bankers demand more pain in GREECE

GREECE'S government, led by left party Syriza, has already pushed through massive cuts and privatisations in exchange for GREECE'S third bailout.


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Ancient Turkish tablet reveals the rules of 2000-year-old horse racing

The GREEK inscription says winning horses and other others trained in the winning owner's stables were banned from racing again, to give other ...


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Turkey planning to lift visa requirements for EU nationals

Turkish administration begins process of abolishing visa requirements for all European Union citizens including GREEK Cypriots, indicating that ...


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Refugee casualties in Turkish territorial waters of Aegean Sea drop to zero in April

However, five people -- including a child -- were killed when a boat sank off the GREEK island of Samos in the Aegean on April 9. The desperate ...


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As Europe Closes Door To Refugees, Tough Choices For 2 Fathers

Thousands are stranded in Greece, on what they'd hoped would be the road to a new life. "I cannot provide for my family," says one father of young children. "I look and see no choice but humiliation."


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EU Refugee Crisis: Brussels To Propose Charging Over $289000 From Countries Refusing Asylum

The commission's reforms look to eventually move more responsibility away from burdened countries, such as GREECE, mainly through an automatic ...


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