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Wednesday, July 13, 2016
Lexi Petersen inks professional contract with a women's basketball team in GREECE
Oregon Ducks guard Lexi Petersen (33) walks out with her parents during the senior day ceremony. The Oregon Ducks face the USC Trojans at ...
23 Additional Shipwrecks Discovered in GREEK Waters
SOUTHAMPTON, ENGLAND—Last month, a team of American and GREEK divers located 23 shipwrecks in the waters around Fourni, a collection of 13 ...
Wind power in Greece: Nordex receives two wind farm orders
The Nordex Group has obtained two new orders from Terna Energy SA for wind farm projects in Greece. Altogether the manufacturer will be supplying eight N100/3300 and two N90/2500 turbines. Both sites are located in a strong-wind region near Athens.
Foreign Ministry announcement on the delivery to the President of the Supreme Court of Greece ...
Following a relevant request from the President of the Supreme Court of Greece, Vasiliki Thanou, Deputy Foreign Minister Ioannis Amanatidis went to the Supreme Court a short while ago and delivered to the President of the Supreme Court all of the official correspondence between the Foreign Ministry’s Translation Service and the Athens Appeals Prosecution concerning the translation of the indictment for the Siemens case.
This Week in Greek History
City of Poros Terrorist Attack: July 11 1988 On July 11th the cruise ship City of Poros was attacked by three armed gunmen affiliated with the Palestinian terrorist Abu Nodal Organization...
Crisis-hit Greece to recruit man's best friend to sniff out tax dodgers
In a posting on a government web portal on Wednesday, the Finance Ministry said it would be putting together a team to assess tenders for the provision of dogs tasked with detecting cash. More than 50 billion euros left banks from November 2014 to July ...
People smugglers have hit record levels as criminal gangs cash in on Europe's refugee crisis
[turkey smuggler syrian refugees]Reuters/Umit Bektas LONDON (Thomson Reuters Foundation) - Law enforcement agencies are battling a surge in the number of people smugglers to record levels as criminal networks cash in on Europe's escalating migrant crisis, according to the head of the European Union's police agency Europol. Director Rob Wainwright said the crime-fighting agency now had close to 50,000 suspected people smugglers in its database, with an extra 7,000 suspects added in the first half of 2016. He said the number of people seeking to make money out of the thousands of people fleeing to Europe to escape conflict and poverty was picking up pace, with 6,400 new suspects identified by Europol in 2014 and 10,000 during 2015. Wainwright said people smugglers were deploying more sophisticated techniques to evade tighter border controls in Europe and increasingly pairing human trade with drug trafficking. "We are seeing a huge increase in the size of the criminal market ... with larger syndicates starting to bed down and take control," Wainwright told the Thomson Reuters Foundation in an interview. A Europol report earlier this year labeled people-smuggling as the "fastest growing criminal market in Europe", estimating gangs netted 6 billion euros ($6.6 bln) last year which could double or triple if the migration crisis persisted. About one million migrants entered the European Union in 2015 of which nine out of 10 paid "facilitation services" to loose networks of criminals, Europol said, paying between 3,000- 6000 euros each. Wainwright said some of the smugglers were opportunists, such as taxi drivers ferrying people across borders, but there was evidence their methods were becoming increasingly sophisticated as some EU member states closed borders. He said Europol was training 200 European Union "counter-terrorist" police officers ready for a deployment to coastal areas of Greece next month and the agency was running 55 different operations to try to arrest key smugglers. [SMUGGLER GREECE SYRIAN REFUGEES]REUTERS/UMIT BEKTAS HIDDEN CRIME "They are very enterprising in the way they are bringing together teams of specialists under one syndicate ... some are recruiters, while others specialize in forging fake documents and others in money laundering," Wainwright said. "The question is whether we can get to the stage where we can coordinate operations to arrest them. We are not at the stage yet." Wainwright said an initially slow response by EU member states might account for a rise in the number of criminals turning their hand to a "major new opportunity" to make money with no falloff in the number of migrants fleeing to Europe. "We had been warning that organized crime was underpinning this (smuggling) problem way back in 2013 and 2014, but it was only in 2015 that we got the right kind of political support and buy-in to then begin ... setting up a dedicated migrant smuggling center which we now have," he said. An estimated 238,000 migrants have crossed the Mediterranean Sea into Europe this year, up 68 percent on the same period last year, with most arriving in Greece or Italy, according to International Organisation for Migration (IOM) data. In March, the EU sealed a deal with Turkey aiming to close the main route by which migrants and refugees poured into Greece last year and the numbers reaching Italy are now higher. Wainwright said the numbers involved made it harder to identify the suspected people smugglers, who bore 100 different nationalities and operated from a list of countries. "We are seeing lots of Syrians, Turks, Greeks and Italians," said the former intelligence analyst. Wainwright, who is British, said the recent decision by Britain to leave the EU could have an impact on its involvement in Europol's activities at its Dutch headquarters and its new smuggling (detection) center, which is supported by the UK. "We have British experts here, a lot of British intelligence and there is British cooperation in (our) operations, so what Brexit means for all of that is a lot of uncertainty," said Wainwright, whose mandate is due to end in April 2018.
Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
[A Bitcoin ATM is seen inside a bookstore in Acharnai in northern Athens, Greece June 30, 2015. REUTERS/Dimitris Michalakis ] We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the new financial technology (“fintech”) revolution. The battle already underway will create surprising winners and stunned losers among some of the most powerful names in the financial world: The most contentious conflicts (and partnerships) will be between startups that are completely reengineering decades-old practices, traditional power players who are furiously trying to adapt with their own innovations, and total disruption of established technology & processes: * TRADITIONAL RETAIL BANKS VS. ONLINE-ONLY BANKS: Traditional retail banks provide a valuable service, but online-only banks can offer many of the same services with higher rates and lower fees * TRADITIONAL LENDERS VS. PEER-TO-PEER MARKETPLACES: P2P lending marketplaces are growing much faster than traditional lenders—only time will tell if the banks strategy of creating their own small loan networks will be successful * TRADITIONAL ASSET MANAGERS VS. ROBO-ADVISORS: Robo-advisors like Betterment offer lower fees, lower minimums and solid returns to investors, but the much larger traditional asset managers are creating their own robo-products while providing the kind of handholding that high net worth clients are willing to pay handsomely for. As you can see, this very fluid environment is creating winners and losers before your eyes…and it’s also creating the potential for new cost savings or growth opportunities for both you and your company. After months of researching and reporting this important trend, Evan Bakker, research analyst for BI Intelligence, Business Insider's premium research service, has put together an essential briefing that explains the new landscape, identifies the ripest areas for disruption, and highlights the some of the most exciting new companies. These new players have the potential to become the next Visa, Paypal or Charles Schwab because they have the potential to transform important areas of the financial services industry like: * Retail banking * Lending and Financing * Payments and Transfers * Wealth and Asset Management * Markets and Exchanges * Insurance * Blockchain Transactions If you work in any of these sectors, it’s important for you to understand how the fintech revolution will change your business and possibly even your career. And if you’re employed in any part of the digital economy, you’ll want to know how you can exploit these new technologies to make your employer more efficient, flexible and profitable. [BII The Fintech Ecosystem]Thomson Reuters Among the big picture insights you’ll get from this new report, titled _THE FINTECH ECOSYSTEM REPORT: MEASURING THE EFFECTS OF TECHNOLOGY ON THE ENTIRE FINANCIAL SERVICES INDUSTRY_: * Why financial technology is so disruptive to financial services—it will soon change the nature of almost every financial activity, from banking to payments to wealth management. * The basic conflict will be between old firms and new—startups are re-imagining financial services processes from top to bottom, while incumbent financial services firms are trying to keep up with new products of their own. * Both sides face serious obstacles—traditional banks and financial services firms are investing heavily in innovation, but leveraging their investments is difficult with so much invested in legacy systems and profit centers. * Meanwhile, startups are struggling to navigate a rapidly-changing regulatory landscape and must scale up quickly with limited resources. * The blockchain is a wild card that could completely overhaul financial services. Both major banks and startups around the world are exploring the technology behind the blockchain, which stores and records Bitcoin transactions. This technology could lower the cost of many financial activities to near-zero and could wipe away many traditional banking activities completely. This exclusive report also: * Explains the main growth drivers of the exploding fintech ecosystem. * Frames the challenges and opportunities faced by incumbents and startups. * Breaks down global and regional fintech investments, including which regions are the most significant and which are poised for the highest growth. * Reveals which two financial services are garnering the most investment, and are therefore likely to be transformed first and fastest by fintech * Explains why blockchain technology is critically important to banks and startups, and assesses which players stand to gain the most from it. * Explores the financial sectors facing disruption and breaks them down in terms of investments, vulnerabilities and growth opportunities. And much more. _THE FINTECH ECOSYSTEM REPORT: MEASURING THE EFFECTS OF TECHNOLOGY ON THE ENTIRE FINANCIAL SERVICES INDUSTRY_ is how you get the full story on the fintech revolution. To get your copy of this invaluable guide to the fintech revolution, choose one of these options: * Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP * Purchase the report and download it immediately from our research store. >> BUY THE REPORT The choice is yours. But to stay on top of the breaking developments in fintech—positive and negative—the ALL-ACCESS Membership is your best choice. It gives you a wealth of digital information, including the daily _Fintech Briefing_, which gives you all the latest news and analysis on the world of fintech. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the fast-moving world of financial technology.
GREECE & Cyprus: 48 hours in Chania, Crete
And even after Crete gained independence and united with mainland GREECE in 1898, Chania remained the island's capital until 1971, when the ...
Mischa Barton: Topless In GREECE!
Mischa Barton posted a photo of herself in Mykonos, in which she wore nothing more than a pair of jeans while smoking a cigarette (so European).
ELA for GREEK banks drops anew
Emergency central bank funding to GREEK lenders fell by 16 percent, or 10 billion euros, in June compared to the previous month, Bank of Greece data ...
The Hamptons GREEK Festival Returns For A Weekend Of Incredible Food, Dancing And More
The tradition continues! The Hamptons GREEK Festival will take place Thursday, July 14th through Sunday, July 17th at the Dormition of the Virgin Mary ...
The whimsical fable of GREECE'S financial insolvency that you've been waiting for
They are less concerned about the Whimsical Fable of GREECE'S Financial Insolvency. Deborah Levy's “Hot Milk” is, somewhat unexpectedly, that fable ...
Giannis and Thanasis Antetokounmpo Begin Military Terms in Greece
Giannis (Milwaukee Bucks) and Thanasis Antetokounmpo (Westchester Knicks) are both working hard on their respective basketball careers, but in the meantime, duty calls. According to Naftemporiki.gr, the Antetokounmpo brothers started their mandatory Greek ...
Liam Cunningham on visiting GREEK refugee camps
Along with his co-stars Lena Headey and Maisie Williams, Liam Cunningham visited GREEK islands including Lesbos where he met Syrian and Afghan ...
Iranian short films to vie at GREEK Filmfest.
Iranian short films to vie at GREEK Filmfest. TEHRAN, Jul. 13 (MNA) – The International Short Film Festival "IndieCrete" will host two Iranian short films ...
Survey Says Greeks Anti-Migrant, Anti-Semitic Too
Many Greeks aren't happy that some 54,000 refugees and migrants are stuck in the country and many also dislike Jews.
Former member pleads guilty to fraud involving UA sorority house
According to Meehan’s plea agreement, she submitted fraudulent furniture invoices totaling $375,000 to Greek Resource Services in September and November 2014. In return, the company gave Meehan two checks for $375,000 that she deposited into an account ...
Greeks innovate to survive financial woes
Greeks innovate to survive financial woes … , 2016 at 2:14 PM Greeks innovate to survive financial woes …
Refugees drown off coast of Greece's Lesbos
At least 2,923 refugees and migrants have died in the Mediterranean Sea or are still missing so far in 2016 [AP File Photo] The bodies of at least four refugees, including two children, have been found off the coast of Greece's Lesbos island after a dinghy ...
Greek Police Dismantle Two Smuggling Rings, 29 Arrests
The Greek police dismantled two smuggling rings involved in the transportation of 600 migrants from Turkey into Greece after a month-long investigation. A total of 29 people were arrested, including a police officer who was suspended pending an ...
GREECE shares higher at close of trade; Athens General-Composite up 1.29%
Investing.com – GREECE equities were higher at the close on Wednesday, as gains in the Retail, Banking and Construction sectors propelled shares ...
Woman Documents Husband-Free Honeymoon in GREECE With Hilarious Series of Photos
Here's the back story: Huma Mobin and Arsalaan Sever were planning to hit GREECE for some honeymooning, but Arsalaan was denied a visa by the ...
Lisikatos Family Represents GREECE in World Softball Championship
Most who have watched Chelsea and Samantha Lisikatos playing Haldane sports over the years knew they were bound for something great. That day ...
Mischa Barton Unfiltered: Star Posts Topless Photo from GREECE
On Tuesday, Mischa Barton opted to take in the picturesque view from a balcony in GREECE sans shirt, posting a sultry shot of herself on Instagram.
Greece: Nova, Sony Pictures expand cooperation
Nova and Sony Pictures Television have agreed to renew their long term cooperation, giving Nova subscribers access to movies and series that top of US and Greek Box Office. Novacinema subscribers will also be able to enjoy hundreds of much-loved films ...
Greece Tourism Shows Slowdown, Hotels Hurting
Hopes for a third straight record tourism year in Greece are fading after hotels report growing vacancy rates and fewer visitors.
Tom Hanks’ Mother Dies at 84
Tom Hanks, who converted to the Greek Orthodox Church, has announced the death of his mother, Janet Frager. She was 84.
KLG welcomes 'Greek Wedding' star Nia Vardalos as co-host
Actress Nia Vardalos, famous for the "My Big Fat Greek Wedding" movies, joins Kathie Lee at guest co-host while Hoda enjoys some time off. Nia tells about the moment she fell in love with her husband and an upcoming play she's starring in. (Run time: 6:36)
Inside Bravo's Ryan Serhant and Emilia Bechrakis' Romantic Greece Wedding
It was the wedding of their dreams for Million Dollar Listing: New York's Ryan Serhant and Emilia Bechrakis. The Bravo star, 31, and Bechrakis, whose family is from Greece, were married on the island of Corfu on July 7 surrounded by 150 close friends and ...
Greeks to Tell Little-known Story of How Comic Books Threatened Hitler’s Nazi Regime
A film production company called TerraMagma Pictures LLC based in Burbank, California, founded by Greeks Dimitrios Katsantonis and Steven Priovolos, is setting out to tell the important and little-known part of history detailing how comic books threatened Hitler’s Nazi regime. Through the film Of Heroes and Villains, you will see the story of two young Greek children made orphans […]
Education Ministry ‘Tidies’ Greek Language Schools Abroad
The Ministry of Education is forging ahead with changes to Greek language teaching abroad in an effort to find ways to cut back funds in this sector. Deputy Minister Theodosis Pelegrinis is continuing negotiations for the construction of a school in Munich ...
GREECE: Expensive pneumonia vaccine key barrier to vaccinating refugee children
MSF vaccinated 3,000 children in Idomeni on the border between GREECE and the Former Yugoslav Republic of Macedonia (FYROM) in May, then in ...
Closer Bilateral Relations Sought Between GREECE and Russia
The two ministers discussed the possibility of further strengthening bilateral economic relations after trade transactions between GREECE and Russia in ...
Urgent rescue mission launched to bring dogs from GREEK village to North Herefordshire after three ...
AN urgent mission has been launched to rescue 21 dogs from a GREEK village where three of the animals died after being poisoned last week.
“Sormeh” to compete in GREEK festival
TEHRAN – Iranian director Azadeh Qochaq's short film “Sormeh” will be screened at the first edition of the IndieCrete International Film Festival, which ...
Emergency central bank funding to Greek banks drops by 10 bln eur in June
… Emergency central bank funding to Greek lenders fell by 16 percent … the previous month, Bank of Greece data showed on Wednesday.The … after European Central Bank reinstated Greek banks' access to its …
Greek railway strike continues, Bulgaria-Greece trains affected
Trains between Bulgaria and Greece are again being affected as a strike by Greek railways continues. Initially, the strike was called for July 8 to 12, leading to the cancellation of trains between Sofia and the northern Greek city of Thessaloniki on July ...
Swimsuit-Clad Lindsay Lohan Continues to Frolic in Greece With Her Fiance Egor Tarabasov
The party never stops! Lindsay Lohan has been living the lavish life for the past few weeks, enjoying some sun with her sweetheart in Greece. On Tuesday, she continued with the merriment, posting several pics to Instagram with her fiancé Egor Tarabasov.
Singer-songwriter Tim Isberg stages Ancient Cities Tour in Israel, GREECE
“I was pleasantly surprised at such favourable reception for my songs and performances in both Israel and GREECE,” Isberg said. “People actually ...
The best Greek island for every type of traveler
With some 6,000 islands within its borders, Greece has a lot to offer travelers of all stripes. Whether you're in search of wild parties, family-friendly activities, or just a place where you can relax and unwind, you're sure to be able to find it on one ...
Planned Bulgaria-Greece HV Power Line Declared Site of National Importance
The planned new overhead high-voltage power line between Bulgaria’s coal power producing Maritsa East Basin and Nea Santa in Greece has been declared site of national importance by the Bulgarian Council of Ministers. The HV power line, as part of a group ...
EU proposes new asylum rules to stop migrants crossing Europe
[Migrants who will be returned to Turkey demonstrate inside the Moria registration centre on the Greek island of Lesbos]By Gabriela Baczynska BRUSSELS (Reuters) - The European Commission proposed more unified EU asylum rules on Wednesday, in a bid to stop people waiting for refugee status moving around the bloc and disrupting its passport-free zone. In an unprecedented wave of migration last year, 1.3 million people reached the EU and most ignored legal restrictions, trekking from the Mediterranean coast to apply for asylum in wealthy Germany, prompting some EU countries to suspend the Schengen system that allows free passage between most EU states. "The changes will create a genuine common asylum procedure," said EU Migration Commissioner Dimitris Avramopoulos.
Common rhythms and songs unite GREEKS and Turks
Cooperation between Turkish and GREEK singers has been a stalwart and singers and musicians from both countries are known on both sides of the ...
SYRIZA Plans State Agency Selling TV Ads, Media Control
Greece's ruling SYRIZA party, stepping up plans to control the media, now wants a monopoly on getting TV advertising revenues.
Graveyard of ancient Greek shipwrecks discovered in Aegean Sea
Underwater archaeologists have discovered 45 shipwrecks from ancient and medieval Greece in the Aegean Sea. They were found off the Fournoi archipelago and represent the richest source of ancient wrecks in the Greek Territory, and one of the richest in the ...
Greek banks to replace about a third of board members by September: report
Greek banks must replace almost a third of their board members by September in a bailout-mandated drive to strengthen corporate governance, bankers with knowledge of the matter told Reuters. Greek banks traditionally have businessmen, union leaders and in ...
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Mazis Marios pharmacy by Lefteris Tsikandilakis, Pireaus – Greece
The study relates to the formation of ground floor area of a pharmacy approximating 140 square meters – including the pharmacy loft – in Piraeus. The challenge in designing Mr. Marios Mazi’s pharmacy was managing the size of the pharmacy particularly ...