How the world sees Greece
Mitsotakis said that the only way out of the crisis “was an agreement of truth with the European partners and Greek society,” and stressed the need for a commitment to really carry out brave reforms, in exchange for a smaller primary surplus of around ...
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TVU Networks, the global technology leader in live video over IP solutions, today announced that ARISTON Broadcast & Telecom Solutions S.A. ...
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It seems strange to me that Cyprus wants to follow its own proceedings, but incidentally, I was informed that the case has been archived in GREECE.”.
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An excited group of Our Lady of Mercy Academy students, faculty and family members departed on June 20 for what promises to be the trip of a ...
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Their boat had capsized on their journey from Turkey to GREECE, and at one point, all of their children were under water. They barely escaped with their ...
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This traditional GREEK summer salad is perfect for warm weather days. With a quick and easy prep and handful of ordinary ingredients, bulgur salad/ ...
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In this week's NorthEATS Indiana, WBOI's Lisa Ryan visits the women at Holy Trinity GREEK Orthodox Church to learn about GREEK culture in Fort ...
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[li kashing] Li Ka-shing, the richest man in Hong Kong, is super concerned about Brexit — the possibility that the UK could leave the European Union after a closely contested referendum on Thursday. Li said to Bloomberg: "If Brexit happens, it will be detrimental to the UK and it will have a negative impact to the whole of Europe ... Of course I hope that the UK doesn’t leave the EU." Li is the chairman of CK Hutchison Holdings Ltd., a company that has made him the 24th richest man in the world with a net worth of $28.6 billion, according to Bloomberg. It's an energy, infrastructure, and telecom holding company that happens to derive 37% of its profit from customers in the UK. He also owns a real estate development firm. Three months ago, Li said that he would pull money out of the UK if it left the EU. This is pretty significant, given that he has said that he wants to create the biggest mobile-phone carrier in the UK. On Monday, billionaire investor George Soros, who famously shorted the British pound and "broke the Bank of England" back in the '90s, warned that Brexit could pull the pound down 20%. [bi graphics what's brexit anyway] SEE ALSO: HERE'S THE SIMPLEST WAY TO UNDERSTAND HOW A BREXIT WOULD AFFECT THE US Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: How I dealt with stress when Greece nearly defaulted
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KROQ presents Mumford & Sons at the Greek Theatre September 20th and 21st. Catfish & The Bottlemen will open the September 20th, while Raury will open the September 21st show. Tickets to both shows go on sale Friday, June 24th at 10am via Ticketmaster.com.
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EU Commission President Jean-Claude Juncker arrived in Athens on Tuesday just as the release of 7.5 billion euros in bailout money was being announced for Greece. An upbeat Juncker assessed that Greece is on the right path to exit the crisis and must take ownership of the reforms program it has agreed on with its
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The European Commission has proposed aid for Greece worth €1.65 million from the EU Solidarity Fund, following the earthquake in the Ionian Islands in November 2015. On November 17, 2015, an earthquake reaching 6.1 on the Richter scale and several aftershocks struck the island of Lefkada and the northern parts of the islands of Ithaki
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The European Commission is considering a freeze to funding from the National Strategic Reference Framework (NSRF) for Greek programs from 2014-2020 after an investigation of the Greek Competitiveness Commission showed that the preconditions for the commissioning of public works were not being met. There is suspicion of manipulation in the tendering procedures for infrastructure procurements.
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The USS Harry S. Truman aircraft carrier docked on the island of Crete fresh from 2,000 missions against the Islamic State in Iraq and Syria. The 5,500 crew members were given a well-deserved Greek island break after seven months at sea. The carrier was deployed for a month longer than initially intended so as to
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The refugee flow to Greek islands from Turkey is continuing at a rapid pace, creating stifling conditions at hot spots. A total of 268 people have entered Greece from Friday until Tuesday. On Monday morning, 44 refugees and immigrants came to Greece of which 35 landed on the island of Kythnos that is not a
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The European Stability Mechanism (ESM) has disbursed the 7.5-billion-euro installment of its loan to Greece, the body announced on its Twitter account on Tuesday afternoon. “ESM just disbursed € 7.5 billion to Greece. ESM disbursement of € 7.5 ...
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GREEK Cypriot administration on Tuesday accepted Turkey's offer to provide assistance for the wildfire in Troodos mountains, located on southwest of ...
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The European Commission said on Tuesday that it had taken immediate action to provide coordinated European support to Cyprus in response to the forest fire which broke out on the island on 19 June. Cyprus had requested several firefighting planes and 80 tons of retardant material from the Commission to cope with the blaze in the Evrychou area, the Commission said in a statement. The assistance, provided under the EU Civil Protection Mechanism, includes two firefighting planes and two helicopters deployed by Greece to help stop the spread of the fires. The UK and Israel have also contributed aircraft to fight the fire raging in the Troodos mountains. The flames are said to have burned about 15 square kilometers of forest as of Tuesday. On Monday, France sent two firefighting planes that were expected to arrive on Tuesday afternoon; another firefighting plane was also expected to arrive on Tuesday from Italy. “We have responded quickly and in full solidarity to the call for assistance,” the EU Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, said in the statement.
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Google to be fined by EU in antitrust... The European Commission denied reports saying that it has frozen EU funds to Greece for the program period 2014 - 2020, due to an alleged cartel investigation. An EC spokesperson clarified on Tuesday that "we do not ...
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With the wind, hot and dry blowing from the south-west, Tuesday was one of the hottest days in Athens. 41° Celsius at 5 pm in the shadow. Incredible. the lucky ones of us closed balcony doors and windows and turned the A/C on: 25 degrees. Perfect. The unlucky ones, without […]
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By arriving on GREEK shores before March 20, they are not subject to the automatic deportation back to Turkey mandated in the EU-Turkey migration ...
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| READ THE ORIGINAL POST AT www.undispatch.com |
Antikythera team members Nikolas Giannoulakis, Theotokis Theodoulou, and Brendan Foley inspect small finds from the Shipwreck while ...
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She also spoke of a joint proposal for the establishment of the Year of Tourism Cooperation in GREECE and Russia between June 2017 and June 2018, ...
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The euro has been an economic disaster, creating shockingly high unemployment rates in peripheral EU countries like GREECE and Spain.
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MOUNTAIN VIEW, CALIF.—TVU Networks is planting its flag in the GREECE and Cyprus broadcast markets, announcing it has partnered with Ariston ...
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The landscaping in an otherwise bleak area has grown in nicely over two decades, and includes healthy palm trees, now a rarity in GREECE owing to ...
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MONTVILLE, NJ – Leonidas Vagias and his friend Samuel Cali, both 19-year-old Don Bosco Prep alumni and Montville, NJ residents were victims of a fatal automobile accident discovered on June...
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… lunch as she heads to Greek as part of a writing …
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[europe brexit kiss] The UK will vote Thursday on whether to leave the European Union in a so-called Brexit. Polls show the Leave and Remain camps in a dead heat, although the two newest results show the latter slightly ahead. If the Brits vote in favor of leaving, the consequences for investors could be severe: HSBC's chief economist Simon Wells argued that the near-term economic risks and market impact could include an immediate 15% drop in the pound against the dollar, a fall for the euro as well, and a global move to "risk-off," meaning investors sell stocks in favor of the perceived security of bonds. However, even if the Brits vote to stay, both the UK and Europe could be looking at a rocky couple of months amid ongoing large-scale economic and political challenges such as the migrant crisis, the Turkey-EU refugee deal, and the seemingly endless drama in Greece. In a recent note to clients, a Morgan Stanley research team led by Elga Bartsch briefly outlined how the Brexit vote relates to the overall political situation across the continent (emphasis ours): "A UK vote to leave the EU would clearly cause protracted political uncertainty for the UK and for Europe more broadly. But a vote to remain - which remains our base case - might still leave us with a deeply divided nation, divisive UK politics, and a hesitant European Union. What’s more, in our view, THE POLITICAL DISCONTENT THAT IS BEING DISPLAYED AROUND THE PUBLIC DEBATE ABOUT BREXIT IS DEEP-ROOTED AND LIKELY TO BE ECHOED ELSEWHERE. THE POLITICAL FRAGMENTATION THAT CURRENTLY MANIFESTS ITSELF IN AN INCREASINGLY POPULIST DEBATE ABOUT THE UK’S EU MEMBERSHIP IS NEITHER LIMITED TO THE UK OR EUROPE NOR IT IS LIKELY TO DISSIPATE QUICKLY, we think. In our view, the voter backlash against established political parties and international institutions is on the rise." [Norbert Hofer Austria]As an example of the kind of backlash Bartsch describes, Austria nearly elected in May the first far-right European head of state since World War II. Another example, which many people might have missed given the anxiety surrounding the Brexit vote, is that the eurosceptic, anti-establishment Five Star Movement was the big winner in Italy's recent municipal elections. Most notably, Five Star's candidate for mayor of Rome Virginia Raggi won 67% of the vote, which is more than twice the vote share the mainstream center-left Democratic Party (PD) candidate got. And Europe has a bunch of other elections coming up. Days after the Brexit vote, the Spanish will head to vote again after elections in December failed to produce a government. And over the next year, the Netherlands, France, and Germany — three major countries where far-right populist parties are growing in popularity — will all have elections, too. Some analysts argue we could be looking at continued political uncertainty and limited coordination in Europe in the longer run. "Beyond the immediate risk events of the Brexit referendum and Spain election, geopolitical agenda remains in focus," wrote a Deutsche Bank research team in a note to clients, highlighting the upcoming elections, as well as the migrant crisis and Greece. "This backdrop makes policy progress very unlikely as domestic politics drive the agenda [leading to] limited room for country-level structural reform [and] little progress toward EU or eurozone reform or integration." The team added that "policy uncertainty is and will remain high," as illustrated in this chart showing that policy uncertainty in Europe is now around 2011-2012 levels during the height of the Eurozone crisis:[Screen Shot 2016 06 21 at 9.56.37 AM]Notably, these political tensions in Europe and the rise of populist parties seem to be at least partially correlated with citizens' perceptions of their country's importance on the global stage and economic stresses. Regarding the first point, there appears to be a correlation between Europeans who think their country should turn more inward and nationalistic and those who believe their nation's influence has declined over the last ten years, according to data collected by Pew Research. More respondents from Greece (65%), Italy (52%), France (46%), and the UK (40%) seemed to think that their nation plays a less important role in the world today than it did 10 years ago, rather than a more important role. Respondents from these countries were also highly likely to say that their nation should deal with its own problems and let other countries deal with their own problems as best they can - with Greece at 83%, Italy at 67%, France at 60%, and the UK at 52%. "Against the backdrop of perceived decline in global stature many Europeans are looking inward," the Pew Research team wrote. [screen shot 2016 06 16 at 3.32.38 pm]As for the economic stresses, in a great article for The Globe and Mail on the Brexit campaign being "just one symptom of angry nationalism", Mark MacKinnon spoke with John Curtice, Britain's top expert on polling and public opinion, who noted that the divide between the Remain and Leave groups is "between the winners and losers of globalization." As MacKinnon wrote in the article: "Those in the Remain camp are younger and more cosmopolitan, and often have the education and the skill sets to compete in a borderless world – people who don’t need to worry about losing their jobs to someone willing to work for less. The Leave camp, meanwhile, is older, less educated and more worried by the changes they see happening in British society." Relatedly, the Economist recently shared a chart comparing the percentage of native and foreign born people aged 15 or older with tertiary, or college-level, education in various OECD countries. The data are from 2011, but it's notable that members of Britain's foreign-born population were more likely to have a tertiary education, which — excluding any prejudices employers might have towards migrants — suggests that less-educated native-born Brits might get bumped out of better jobs. And, for what it's worth, this type of situation can create a breeding ground for an "us versus them" mindset, adding to a country's political tensions and strife. Plus, although it's certainly not a perfect comparison, we're seeing something similar in the US as American workers who have been economically burned by globalization have increasingly supported protectionism and populist candidates such as Donald Trump and Bernie Sanders. [HSBC rise of eurosceptic parties in the EU] Another interesting case is Finland. The Northern European country is _already_ one of the most developed, wealthiest in terms of GDP per capita, and least corrupt countries in the world. However, its economic outlook is pretty muggy as it struggles with the collapse of Nokia, a dying paper industry, weak demographics, and its inability to adjust monetary policy to its specific needs because of its adoption of the euro. And so, although its economy won't collapse in on itself — and it's certainly not in a complete shambles like, say, Syria — peoples' living standards might not tremendously improve in the near future, and that could have implications for the eurosceptic movement going forward. "Stagnating improvements to living standards will continue boosting a growing eurosceptic movement in Finland, even if an exit from the currency union is highly unlikely at any stage over the next decade," Michael Richards of BMI Research argued in a recent report. In sum, the political discontent surrounding the Brexit vote is not limited to the UK. Rather, it's a trend that's starting to bubble across the EU amid ongoing real and perceived economic and political stresses. And it doesn't seem like something that's going away anytime soon. SEE ALSO: THIS IS SAUDI ARABIA'S "ACHILLES' HEEL" Join the conversation about this story » NOW WATCH: An exercise scientist reveals exactly how long you need to work out to get in great shape
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Tasked with teaching GREEK to her four-year-old godson, Sellers despaired of her friend's "misguided" request to instruct such a young pupil.
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It was early May, I was on picture-perfect Halki and 60 minutes of fame had come to call on my favourite GREEK island. In the wake of last year's public ...
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At the same time the agency has affirmed the four GREEK banks' Viability Ratings (VRs) at 'f'. A full list of rating actions is available at the end of this ...
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My Big Fat GREEK Wedding 2. Rollercoaster (1977) (Blu-ray). Suture (1993). Tom and Jerry: Back to Oz (2016). Transformers Rescue Bots: Heroes of ...
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An estimated 1,110 migrants and refugees have entered Europe by sea from June 16 through June 19, according to data from the International Organisation for Migration (IOM). This compared with almost 3,000 people arriving in Europe, most of them in Greece and Italy, from June 12 through June 15. The latest arrivals took the estimated total to 214,691 in 2016 through 19 June, the IOM said on Tuesday. IOM estimates that from 1 January to 19 June 2016 55,510 migrants arrived by sea to Italy. There were about 59,000 arrivals during the same period last year. Arrivals in Greece were 157,801through June 19, compared with 71,615 in the first six months of last year. There were 2,861 fatalities at sea this year through June 19, about 1,000 ahead of the 1,838 deaths reported in the first six months of 2015.
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An illustration of a ship shed as it may have looked 2,500 years ago, part of an enormous naval base built by the ancient Greeks. Credit: Bjørn Lovén / The Zea Harbour Project Thousands of years ago in a bustling port near Athens, Greece, a massive ...
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The European Commission will freeze all payments of the European Regional Development Fund/Cohesion fund to Greece for the 2014-2020 programs, due to activities of an alleged cartel of major construction companies and large foreign companies present in Greece. These companies have been involved in public works for over 27 years […]
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The South County Library will host a free showing of "My Big Fat GREEK Wedding 2" at its Movies for Grownups event on Tuesday, June 21, from 6 to 8 ...
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Tisane made out of the ironwort flower, called Siderities in GREEK, has been brewed and drunk by the GREEKS for as long as the Mediterranean nation's ...
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Greece has received more than seven billion euros in bailout funds after a review of the country's progress in implementing reforms. It comes amid the ...
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ATHENS – European Commission President Jean Claude Juncker and Greek Prime Minister Alexis Tsipras met on June 21 to discuss the progress that Athens has made in implementing its reforms,...
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… League appearance for the Villains. Greek side PAOK are reportedly interested …
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… Churches, as well as the Greek Orthodox Patriarchate of Antioch and … of the Orthodox Church in Crete would not be binding, as …
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… holidaymakers home from the Greek island of Corfu swerved off a highway … linking Serbia with FYROM and Greece, according to Serbian police.
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The United Nations-brokered peace talks scheduled to be held on June 21 to find a solution to the decades-long conflict on the Mediterranean island of Cyprus were delayed amid ongoing forest fires in the Greek Cypriot administration
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The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted today in U.S. District Court in Seattle of 12 felony counts related to their dumping of oily waste at sea, announced U.S. Attorney Annette L.
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This tiered hillside affair is a long-standing favourite amongst island-hoppers thanks to its friendly vibe, convenient location and knockout views.
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What 'rented rooms' or apartments in GREECE should always have: a peaceful garden setting, welcoming proprietors in Theologos and Giakoumina, ...
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European Commission President Jean-Claude Juncker on Tuesday declared GREECE “on the right path” as the country received 7.5 billion euros ...
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ATHENS, GREECE — GREECE'S prime minister is calling for bailout lenders to swiftly fulfill promises to ease the country's heavy debt load. Alexis Tsipras ...
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Growing up Greek outside of Greece sets you apart from others, like it or not. There are just so many things that define Greeks and growing up in a big, fat Greek family. Here are the top 10 things that make you Greek. 1. Wearing Black After a Death Greeks ...
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[European Commission President Jean-Claude Juncker, answers a question during a a joint news conference with Greek Prime Minister Alexis Tsipras in Athens, on Tuesday, June 21, 2016. (AP Photo/Petros Giannakouris)]ATHENS, Greece (AP) — Greece's prime minister is calling for bailout lenders to swiftly fulfill promises to ease the country's heavy debt load.
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