How the world sees Greece
Main opposition party New Democracy accused the government on Wednesday of being erratic and opportunistic after the Eurogroup and the European Stability Mechanism (ESM) announced they are freezing the implementation of Greece’s recently agreed on short-term measures for debt relief. Eurogroup and the ESM cited Prime Minister Alexis Tsipras’ decision to distribute a one-off benefit […]
 |
| READ THE ORIGINAL POST AT greece.greekreporter.com |
The government has requested a roll call vote in parliament for the two relief measures announced by Greek Prime Minister Alexis Tsipras last Thursday, which will be added in two separate draft bills. The measures concern a one-off benefit for low-income pensioners and the suspension of a VAT rise on some islands, which will be […]
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
A bright full moon rose on Wednesday, December 14th behind GREECE'S most famous monument, the Parthenon temple on the Acropolis Hill, casting ...
|
| READ THE ORIGINAL POST AT www.aol.com |
… migrants and refugees trapped in Greece and forced to live in … of migrants who have reached Greek coasts in their quest for …
|
| READ THE ORIGINAL POST AT world.einnews.com |
… you, set sail around the Greek Islands with Tempo Holidays’ small … countries – Croatia, Albania, Montenegro and Greece – and discover places as different … the Bay of Kotor and Corfu. Travellers visit Korcula, a Croatian …
|
| READ THE ORIGINAL POST AT world.einnews.com |
By Eleni Sakellis LONG ISLAND CITY– The National Herald (TNH) celebrated the release of André Gerolymatos’ latest book with a reception at the Long Island City offices of TNH on... The post Gerolymatos Presents his Book on Greek Civil War at TNH Offices appeared first on The National Herald.
|
| READ THE ORIGINAL POST AT www.thenationalherald.com |
Brexit & Beyond: Europe in Flux is The Wall Street Journal’s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS The Palace of Westminster is pictured on September 9, 2016 in ...
|
| READ THE ORIGINAL POST AT blogs.wsj.com |
European bailout monitors have suspended planned debt-relief measures for GREECE in response to a surprise move by Athens to spend an extra ...
|
| READ THE ORIGINAL POST AT www.irishtimes.com |
GREECE Rotary Club recently welcomed 100 children and their teachers and aides from Monroe 2-Orleans Board of Cooperative Educational Services ...
|
| READ THE ORIGINAL POST AT www.greecepost.com |
European financing body says it will not honour accord after Greek PM announced pre-Christmas bonus for pensioners The dispute between Greece and its creditors has turned more ugly after the European body financing the country’s €86bn (£72bn) bailout programme decided to freezea debt relief deal. The prime minister, Alexis Tsipras, was taken by surprise on Wednesday when the European Stability Mechanism announced it would not honour an accord to ease the burden of Greece’s debt pile. The decision, taken in direct retribution for a series of surprise social welfare measures unveiled by the leader, is likely to put Athens on a war footing with lenders amid mounting signs of the Greek crisis flaring again. Everyone has to respect the Greek people, who for the last seven years have made huge sacrifices in the name of Europe Continue reading...
|
| READ THE ORIGINAL POST AT www.theguardian.com |
Greece exceeded budget surplus target of 1.5% but with the eurozone’s 2018 target at 3.5%, more hardship is around the corner Here’s a safe prediction for 2017: the Greek debt crisis will turn ugly again. In fact, the next chapter has already begun. On Wednesday, eurozone finance ministers put their plan for short-term debt relief on hold because Athens handed a relatively small sum of money to pensioners at Christmas and said it would pay for school meals for 30,000 children in impoverished areas. In the view of Alexis Tsipras, Greek prime minister, the country has earned the right to make small acts of generosity, like €617m (£518m) for pensioners. Greece didn’t just meet its target to run a budget surplus of 1.5% last year, it exceeded it. That achievement was secured after seven years of austerity, a period in which Greece also found itself at the front end of Europe’s migration crisis. Continue reading...
|
| READ THE ORIGINAL POST AT www.theguardian.com |
An Afghan teenager arrested on suspicion of the rape and murder of a woman in south-west Germany had already been convicted of attempted murder in Greece, reports say. Germans were outraged by the murder of Maria L, a student in Freiburg who volunteered ...
|
| READ THE ORIGINAL POST AT www.bbc.com |
All sides must respect Greek people and their sacrifices of the past six years, Greek Prime Minister Alexis Tsipras said on Wednesday, speaking at his office in Thessaloniki after a meeting with local mayors. “Everything we do is fully in line with the agreement,” he said, adding: “Greece is tackling a series of European crises […]
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
Euro zone finance ministers on Wednesday decided to suspend short-term debt relief measures for Greece in response to extra spending on pensions announced by Greek Prime Minister Alexis Tsipras. “The institutions have concluded that the actions of the Greek government appear to not be in line with our agreements,” said a spokesman for Eurogroup President Jeroen […]
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
Deputy Education Minister Costas Zouraris said in a press conference that it doesn’t matter if Turkey takes some of the Greek islands, causing an uproar. Education Minister Costas Gavroglou who was present at the press conference rushed to clarify that ...
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
… suspended its debt relief programme. Greece’s government, led by Prime … to discuss Greece’s financial situation. Read more: RIP Grexit? Greek government … series of three bail-outs for Greece since 2010 – in return for …
|
| READ THE ORIGINAL POST AT world.einnews.com |
… tumble and yields surge as Greek markets reel from the news … leader has today announced that Greece will extend a pilot programme … this new policy is small, Greece's creditors will likely … everyone has to respect the Greek people, who for the last …
|
| READ THE ORIGINAL POST AT world.einnews.com |
… because Greece had exceeded its 2016 primary surplus target. The Greek government … euro zone targets set for Greece are too ambitious and assumptions … take place in 2018, once Greece completes its bailout reforms. This …
|
| READ THE ORIGINAL POST AT world.einnews.com |
… agreed short-term debt-relief plan for Greece. They said they had not … said. The debt-relief deal between Greece and the ESM was agreed … the Greek government over its massive debts - said the Greek government …
|
| READ THE ORIGINAL POST AT world.einnews.com |
GREECE'S central government registered a primary budget surplus of 7.45 billion euros in the 11 months to November, beating its target by 3.89 billion ...
|
| READ THE ORIGINAL POST AT www.ekathimerini.com |
In an article published this week on the International Monetary Fund (IMF)'s blog, the IMF’s Economic Counsellor, Maurice Obstfeld, and the head of its European Department, Poul Thomsen, have argued that the IMF is not asking Greece for more austerity.
|
| READ THE ORIGINAL POST AT www.newsweek.com |
[Similar to this image from November 2016 where protesters marched for peace in the Turkish Republic of Northern Cyprus, around 250 Greek and Turkish Cypriots marched on December 14, 2016 urging rival leaders engage in reunification talks]Greek and Turkish Cypriots marched together Wednesday to urge rival leaders on the divided island to reach agreement at a make-or-break reunification summit in Switzerland next month.
|
| READ THE ORIGINAL POST AT uk.news.yahoo.com |
Greece shares fell over 3 percent on Wednesday after eurozone finance ministers suspended debt relief measures in response to benefits announced ...
|
| READ THE ORIGINAL POST AT www.ekathimerini.com |
Greece's controversial Deputy Education Minister Constantinos Zouraris caused a firestorm on Wednesday after saying in passing at a press ...
|
| READ THE ORIGINAL POST AT www.ekathimerini.com |
European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures by Athens. Greek 10-year government bond yields rose 45 basis points to a one-month high of 7.30 percent, while five-year ...
|
| READ THE ORIGINAL POST AT inewstoday.net |
The eurozone’s bailout fund has suspended Greece’s short-term debt relief. Those measures are intended to cut Athens’ public debt, but the European Stability Mechanism said it had put them on hold after the government announced plans to make a one ...
|
| READ THE ORIGINAL POST AT www.euronews.com |
Move underlines frustration among EU partners over Athens’ spending commitments
|
| READ THE ORIGINAL POST AT www.ft.com |
Greek authorities confirm that an immigrant accused of raping and murdering a German student is the same man that was convicted of a seperate attack in Greece.
|
| READ THE ORIGINAL POST AT www.euronews.com |
ATHENS Greek Prime Minister Alexis Tsipras will call a parliamentary vote for Thursday on a one-off benefit approved to pensioners, a government official said. The move followed the ESM's decision earlier Wednesday to suspend implementation of short-term ...
|
| READ THE ORIGINAL POST AT uk.reuters.com |
GREECE'S government, led by Prime Minister Alexis Tsipras, had planned to spend €617m (around £517m) on a bonus payment to the poorest ...
|
| READ THE ORIGINAL POST AT www.cityam.com |
GREEK shares fell over 3% today after euro zone finance ministers suspended debt relief measures in response to benefits announced by the ...
|
| READ THE ORIGINAL POST AT www.rte.ie |
Brussels (AFP) - Eurozone finance ministers on Wednesday suspended debt relief for bailed-out GREECE after Greek Prime Minister Alexis Tsipras ...
|
| READ THE ORIGINAL POST AT www.yahoo.com |
Eurozone finance ministers have decided to halt a debt relief initiative for GREECE in the wake of a decision by the government in Athens to spend extra ...
|
| READ THE ORIGINAL POST AT www.presstv.ir |
ATHENS- GREECE is approaching political and economic turmoil as the country's creditors and the leftist government of Prime Minister Alexis Tsipras ...
|
| READ THE ORIGINAL POST AT www.cnbc.com |
BRUSSELS—GREECE'S European creditors suspended proposed debt-relief measures for the country after the Greek government surprised them by ...
|
| READ THE ORIGINAL POST AT www.wsj.com |
Two Greek archaeological finds are included in the list of the top 10 most important discoveries in the world for 2016 according to Archaeology magazine. The remains of 80 men shackled together at the wrists in a mass grave at a necropolis near Athens and the first human remains to be found at the Antikythera […]
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
Winter is coming and there’s not much anyone can do about it. To take your mind off of the winter blues, take a short reprieve to the Mediterranean and enjoy Greek cuisine at Korali Estiatorio in the Upper East Side. Korali Estiatorio takes ...
|
| READ THE ORIGINAL POST AT www.sociallysuperlative.com |
A 2,500-year-old lost city has been discovered in Greece by a team of archaeologists which could reveal “many secrets” of the country’s ancient civilization hidden in a hillside. The team from the University of Gothenburg in Sweden and Bournemouth ...
|
| READ THE ORIGINAL POST AT www.rt.com |
ATHENS Dec 14 Greek industrial group Mytilineos will incorporate …
|
| READ THE ORIGINAL POST AT world.einnews.com |
ATHENS, Greece (AP) -- Greek stocks fell sharply Wednesday while … immediate help to Greece. They include smoothing some of Greece's … and the Greek government - consider unsustainable. It would take Greece decades …
|
| READ THE ORIGINAL POST AT world.einnews.com |
Shawnee is about to have yet another option when choosing a restaurant for dinner. The last few weeks has been spent preparing for Daliylah GREEK ...
|
| READ THE ORIGINAL POST AT www.news-star.com |
UPDATE 1-GREEK bond yields jump as debt relief put on hold ... GREEK 10-year government bond yields rose 45 basis points to a one-month high of ...
|
| READ THE ORIGINAL POST AT www.reuters.com |
Following an announcement by GREEK Prime Minister Alexis Tsipras that he will spend more on pensions and sales-tax relief, the European Stability ...
|
| READ THE ORIGINAL POST AT www.bloomberg.com |
tsp2_0 GREEK Prime Minister Alexis Tsipras is acting strangely in the past few weeks. Ever since negotiations for the second review of the bailout ...
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
Greece topped Group C in front of defending champions United States as the opening round of matches concluded at the International Swimming Federation (FINA) World Women's Youth Water Polo Championships in Auckland. The Greeks and the Americans drew 10-10 ...
|
| READ THE ORIGINAL POST AT www.insidethegames.biz |
NICOSIA, Cyprus (AP) — Some 250 Greek and Turkish Cypriots marched in support of an accord reunifying their ethnically divided island ahead of a summit that will likely decide whether a deal on Cyprus is possible.
|
| READ THE ORIGINAL POST AT uk.news.yahoo.com |
A previously unknown ancient city has been revealed on mainland GREECE near the village of Vlochós to the north of Athens. The city walls encompass ...
|
| READ THE ORIGINAL POST AT www.ibtimes.co.uk |
We are sorry that we have not posted anything from Samos over these past few weeks. The mood for writing has not been there. In large measure this ...
|
| READ THE ORIGINAL POST AT www.globalresearch.ca |
Virtually all market watchers expect the Federal Reserve to raise its benchmark interest rate on Wednesday by 25 basis points to a range of 0.50% to 0.75% from the current range of 0.25% to 0.50%. That would be the first rate hike in 2016. But rates aren't just low within the context of American history. They also happen to be at the lowest levels in the last 5,000 years of civilization. Citing a speech by Bank of England Chief Economist Andy Haldane, Bank of America Merrill Lynch's Michael Hartnett and his team previously shared the chart below, which shows just how low today's rates are relative to other times in history. [screen shot 2015 09 18 at 10.12.09 am]BAML Haldane's list of sources for this is pretty staggering. (You can look through them all here.) So to make things a bit clearer, we put together an annotated list of key historical episodes and the corresponding interest rate of the time, using the data from "The Trader and His Shadow." Behold: * Mesopotamia, c. 3000 BC: 20% * Babylon, Code of Hammurabi, 1772 BC: codified earlier Sumerian custom of 20%. * Persian conquest (King Cyrus takes Babylon), 539 BC: rates of 40+%. * Greece, Temple at Delos, c. 500 BC: 10% * Rome, Twelve Tables, 443 BC: 8.33% * Athens/Rome: circa the first two Punic Wars, 300-200 BC: 8% * Rome: 1 AD: 4% * Rome, under Diocletian, 300 AD: 15% (ESTIMATED) * Byzantine Empire, under Constantine, 325 AD: LIMIT 12.5% * Byzantine Empire, Code of Justinian, 528 AD: LIMIT 8% * Italian cities, c. 1150: 20% * Venice, 1430s: 20% * Venice, (Leonardo da Vinci paints "The Last Supper in Milan"), 1490s: 6.25% * Holland, beginning of the Eighty Years' War, 1570s: 8.13% * England, 1700s: 9.92% * US, West Florida annexed by the US, 1810s: 7.64% * US, circa World War II, 1940s: 1.85% * US, Reagan administration, 1980s: 15.84% * US, Fed does not hike rates in September 2015: 0-0.25% * US, Fed does hike rates in December 2015: 0.25-0.5% NOW WATCH: Why almost every pair of jeans has a zipper that says ‘YKK’
|
| READ THE ORIGINAL POST AT www.businessinsider.com |
ATHENS, Greece (AP) — Greek shares have fallen sharply while the interest rates charged on Greek bonds jumped higher after the country's European creditors pulled a debt relief package announced only last week in protest at subsequent budget measures by Athens.
|
| READ THE ORIGINAL POST AT uk.news.yahoo.com |