GREEK lawmakers on Thursday approved with 196 votes a host of new measures, including giving a one-off bonus to some pensioners in accordance ...
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Thursday, December 15, 2016
Greece's anti-austerity measures incur creditors' wrath
First measures unveiled in over a year as pensioners take to Athens' streets to protest paltry planned handout.
Trump Grill Could Be the Worst Restaurant in America
Source: www.vanityfair.com - Thursday, December 15, 2016 @PekingMike , @GreekAnalyst , @kairyssdal , @AnnieLowrey and 15 more
Tsakalotos: ‘Greece’s Credibility Toward the Institutions and Greek People Important at this Time’
The Greek government’s credibility toward the institutions and the Greek people is important at this time, Greece’s Finance Minister Euclid Tsakalotos said on Thursday. Speaking during a press conference with Greece’s Labor Minister Efi Achtsioglou, attended by the German and foreign media, Tsakalotos said the Greek government did not intend to call early elections and […]
Schulz Sees ‘Reasonable Compromise’ on Greek Welfare Measures Before Next Eurogroup
European Parliament President Martin Schulz on Thursday said he fully understood the reasons that led the Greek government to announce social welfare measures for poor pensioners, in statements during a press conference at the European Council in Brussels. Schulz said there must be a “dynamic review” of the Greek measures and expressed his conviction that […]
Greece ETFs Take a Turn After Eurozone Suspends Debt Relief
The once outperforming Greece exchange traded fund has quickly lost its momentum after the Eurozone and the International Monetary Fund suspended proposed debt-relief measures for the emerging economy. European creditors suspended proposed debt-relief ...
Record Passenger Traffic for Greek Airports in Jan-Nov 2016
Passenger traffic at Greek airports during the first 11 months of the year surged to a high of 51.5 million, according to data released by the Hellenic Civil Aviation Authority on Thursday. Passenger numbers in January to November totalled 51,456,423 ...
Germany Chastises Greece for Convicted Afghan Refugee Suspected of Murder
… convicted of attempted murder in Greece. Hussein made his way to … to discuss it with the Greek side," adding that Athens …
Don't put nail in coffin of Greek workers' rights
… ' to Greece's labour market and Greek workers' rights … Greek trade union GSEE. Discussions are ongoing between the Greek Government and Greece … ; rights in Greece. They will only set back Greece's hopes …
Greece defies creditors over pensions
… creditors on Thursday said the Greek move raised "significant concerns … uphold a Eurogroup decision granting Greece short-term debt relief earlier this … part of Greece's creditors. France has defended Greece against a …
A “billionaire Greek immigrant”
The New York Times recently published a lengthy article on how the rich become so much richer. As evidence of this, the article cited the case of Dean Metropoulos, the... The post A “billionaire Greek immigrant” appeared first on The National Herald.
Yogurt's crunch undermines General Mills
Greek yogurt is increasingly replacing traditional yogurt options like the Yoplait brand, undermining investor sentiment in the product's parent company, General Mills, which is scrambling to adjust its product offerings. RBC Capital Markets analysts on ...
Rachel LeClear hosting fundraising event on Thursday night for GREEK refugees
All of the proceeds from tonight's event go towards GREEK refugees. For more information on tonight's fundraiser, call the Emporia Arts Center at (620) ...
Greece passes pension deal in defiance of bailout creditors
The Greek parliament has defied the international creditors providing Athens' bailout funds and voted through a one-off payment to pensioners. Plans for the €617m (£517m; $656m) pre-Christmas handout was opposed by European bodies negotiating Greece's ...
Pollster ramping up new PAC to promote Greek-American candidates
BOSTON -- National pollster David Paleologos has dipped his toe into Massachusetts political advocacy, drawing on his ancestral roots to try to spread Hellenism through the halls of Bay State government. "It's about encouraging young Greek-American women ...
In Germany mature workers are answering to young supervisors
Who’s the daddy? “IF THEY resented me they didn’t talk to me about it,” says a young German manager at a media firm in Frankfurt. Still, he says it was noticeable that when a subordinate 20 years older than him thanked him for buying lunch he had to swallow twice before adding the word “boss”. Older workers sometimes begrudge being managed by a callow colleague. Precocious youngsters, too, can feel awkward about bossing their elders around. But in Germany a shortage of skilled workers means that such situations are becoming ever more common. The country’s population is projected to shrink. Among rich-world countries, only in six nations including Japan and Greece are populations expected to decrease faster. As more Germans retire, fewer youngsters are entering the workforce to replace them. As a share of the working population the number of 15-to-24-year-olds has fallen by ten percentage points since the 1980s, says the German Federal Employment Agency. Firms competing to retain young talent are tempted to promote them earlier as a result. A paper by professors at the University of Cambridge and WHU, a...
GREEK hospital doctors protest working conditions
The Federation of GREEK Hospital Doctors' Unions (OENGE) has filed a legal notice to the Health Ministry over not being able to take the days off from ...
GREEK Freak playing like an all-time great -- and still has room to improve
The GREEK Freak is averaging 22.3 points, 8.9 rebounds, 5.9 assists, 2.0 blocks and 2.0 steals. All are career-highs. During each of his four seasons, ...
Greek Parliamentary Majority Votes in Favor of Tsipras’ Pension Bonuses, Island VAT Decrease
A parliamentary majority on Thursday voted in favor of the one-off bonuses to low-income pensioners and VAT deductions on Aegean islands, with 196 votes out of 257. All the SYRIZA-ANEL coalition lawmakers voted in favor of the bills, something that was expected. Golden Dawn, the Greek Communist Party and Democratic Coalition (PASOK-DIMAR) also voted “Yes.” […]
Greek Pensioners Protest While Parliament Discusses One-off Bonus
About 4,000 pensioners on Thursday demonstrated outside the Greek Parliament while lawmakers were voting for the one-off bonuses Prime Minister Alexis Tsipras has promised. As a sarcastic response to the prime minister’s proposal, some protesters distributed napkins resembling banknotes. The bonus given to about 1.6 million low-income pensioners averages 380 euros each. Pensioners from all […]
Hollande Expresses Support to Greece
French President Francois Hollande expressed his support to Greece upon his arrival at the EU summit on Thursday regarding the implementation of the debt relief measures. “I support the decisions taken at the Eurogroup. The Eurogroup decided relief measures for the Greek debt, which also are not yet satisfactory,” he said and added: “We cannot […]
Tsipras defiant as Greek pensioners Christmas bonus is approved
The Greek government is downplaying a row over a Christmas bonus for the country’s poorest pensioners. That unapproved spending caused eurozone lenders to suspend Athens short-term debt-relief plan, but Prime Minister Alexis Tsipras in Brussels for an EU ...
Schaeuble & Dijsselbloem officially seized the EU; Commission angry
The European Commission got angry at the chief of Eurogroup Jeroen Dijsselbloem for issuing a statement announcing the freezing of short-term debt-relief measures for Greece due to social support for low pensioners. Dijsselbloem had claimed that the institutions had taken the decision. Statement on #greece pic.twitter.com/7kmVmf0eQJ — Michel Reijns (@MichelReijns) […]
Eurogroup and ESM put short-term GREEK debt relief measures on hold
The spokesperson for the Eurogroup President Michel Reijns announced that the institutions have concluded that the actions of the GREEK government ...
Sources: Athens to lobby for IMF exit from GREEK program
The embattled Tsipras government is experiencing another «Quo Vadis» moment this week, with the GREEK prime minister expected to request from ...
GREEK survey finds 1 in 5 internet users favor ad blockers
The first GREEK survey on the phenomenon showed that 19.6 percent of users employ an ad blocker, with the majority of them men aged between 18 ...
Greece enacts pension handout despite creditor warnings
… measure, announced by under-pressure leftist Greek Prime Minister Alexis Tsipras last … uphold a Eurogroup decision granting Greece short-term debt relief earlier this … the 19-nation eurozone, which oversees Greece's massive 86-billion euro …
St. Demetrios Greek Afternoon School students sang the kalanta in the offices of TNH
LONG ISLAND CITY— On December 14, a Greek Christmas tradition warmed the hearts of the staff at the offices of The National Herald when the students of the Saint Demetrios... The post St. Demetrios Greek Afternoon School students sang the kalanta in the offices of TNH appeared first on The National Herald.
Greek parliament approves payout to low income pensioners
ATHENS Greece's parliament on Thursday approved by majority a proposal by the leftist-led government to pay pensioners a one-off benefit which has placed it at odds with lenders who have extended a credit lifeline to the country. Lenders announced on ...
Greek Lawmakers Approve Pension Bonus That Angered Creditors
Greek lawmakers have approved a controversial Christmas bonus payment for low-earning pensioners that prompted bailout creditors to suspend a debt relief deal agreed upon only last week. The left-led government insisted again Thursday that it's not doing ...
Greece Passes Measures Opposed by Creditors--Update
ATHENS -- Greece refused to back down in its rapidly escalating conflict with creditors, as lawmakers on Thursday passed measures to loosen the purse strings in a move that has angered Germany. The fiscal largess, including a Christmas bonus for 1.6 ...
Germany slams Greece over not reporting Afghan murder suspect
[Flowers and a heart-shaped personal note are fixed on a tree on December 5, 2016 in Freiburg, southwestern Germany, near the river Dreisam, where a young woman was killed]© dpa/AFP Patrick Seeger Berlin (AFP) - Germany voiced anger Thursday that Greece failed to issue a cross-border arrest warrant for an Afghan asylum seeker who is now the chief suspect in the rape and murder of a female student. The case against Hussein K., who says he is 17, has inflamed passions in Germany, where debate is raging about how to integrate more than one million recently arrived refugees and migrants. The young Afghan was arrested in Germany on December 2 over the killing of a 19-year-old female medical student two months earlier after his DNA was found at the crime scene and he was identified on CCTV. Authorities in both Germany and Greece confirmed Thursday that Hussein had previously done jail time in Greece for the attempted murder of a young woman, but was released early and subsequently vanished. "This is very upsetting and we will certainly have to discuss this with the Greek side," said German Interior Minister Thomas de Maiziere about the fact Greek authorities did not issue a European or international alert. Greek media also slammed the authorities for their mishandling of the prison release programme and for failing to alert the global policing agency Interpol that the teenager had fled. MATCHING FINGERPRINTS Hussein had arrived in Germany in 2015 -- when almost 900,000 asylum seekers came to the EU's largest economy -- as an unaccompanied minor and had been living with a host family. Only now have police confirmed, using the suspect's fingerprints, that he had been jailed in Greece by a juvenile court for robbing and assaulting a woman in 2013 on the island of Corfu. In that attack, he stole the bag of a 20-year-old student and then threw her off a cliff, leaving her badly injured. She later identified him as the same person involved in the German case. The Afghan teen was released from Greek jail in 2015. Despite strict conditions requiring him to report to police every month, officials lost trace of him two months after he was freed. News of the young Afghan's arrest in Germany triggered angry reactions on social media with some people saying an ironic "thank you" to German Chancellor Angela Merkel. The chancellor said that while any murder must be condemned, the crime should not be used to target "an entire group". Merkel, who will next year seek a fourth term in office, has faced criticism for her previous open-door policy towards refugees, although more recently she has tried to curb the influx. Germany received 890,000 asylum requests in 2015 but that rate slowed to 213,000 from January to September this year following a deal with Turkey and a series of border closures on the Balkan route. NOW WATCH: NASA just spotted a massive hole growing on the sun — here’s what it means
A Closer Look at Contemporary Greek Fiction
Today, we’re highlighting two works of contemporary Greek fiction published in English through our Margellos series: Thanassis Vatinos’s Orthokostá and Zyranna Zateli’s At Twilight They Return. First released in 1994 to a storm of controversy ...
France backs Greece as Eurozone splits over pensions
Greece’s European creditors have halted the country’s debt relief deal after Athens proposed a one-off payout to pensioners which contradicts Brussels' austerity demands. A row over a pension handout by maverick Greek Prime Minister Alexis Tsipras ...
GREECE to Call for North Borders' Opening If EU-Turkey Migrant Deal Fails – MP
Athens will urge the European Union open borders with GREECE to avoid new influx of migrants in case the EU-Turkey migrant agreement falls through, ...
GREECE: Tensions Rise Between Athens, Creditors
Tensions between GREECE and its creditors are once again on the rise. The European Stability Mechanism (ESM), the eurozone's permanent bailout ...
Greece won't bow to EU pressure over pensioners' payout
BERLIN/ATHENS Greece's government will not bow to pressure to scrap a pre-Christmas payout to poor pensioners, its finance minister said on Thursday, as it needed to maintain credibility with its people as well as its international lenders. The lenders ...
Greek Christmas bonus, VAT, raise concerns over bailout commitments -ESM
BRUSSELS Dec 15 Greek plans for a Christmas bonus for pensioners and value added tax measures raise significant concerns regarding the country's bailout commitments to euro zone lenders, according to a preliminary assessment by euro zone institutions on ...
EU officials: EU to extend Russia sanctions for 6 months
[Greek Prime Minister Alexis Tsipras, right, speaks with European Commission President Jean-Claude Juncker as Belgian Prime Minister Charles Michel, left, speaks with French President Francois Hollande, center, during a round table meeting at an EU Summit in Brussels on Thursday, Dec. 15, 2016. European Union leaders meet Thursday in Brussels to discuss defense, migration, the conflict in Syria and Britain's plans to leave the bloc. (AP Photo/Geert Vanden Wijngaert)]BRUSSELS (AP) — The European Union will extend its sanctions against Russia for six more months to keep pressure on Moscow to respect the fragile peace agreement in Ukraine, EU officials said Thursday.
Thousands of Greek pensioners protest income cuts
[Lawmakers take part in a parliamentary session in Athens, Thursday, Dec. 15, 2016. Greek lawmakers are to vote Thursday on a controversial Christmas bonus for low-earning pensioners, which has caused a dispute with the country's bailout creditors, as European officials have suspended an agreed debt relief program for Greece until they deliberate whether the handout is permitted under bailout-imposed austerity. (AP Photo/Yorgos Karahalis)]ATHENS, Greece (AP) — About 5,000 Greek pensioners have marched peacefully through central Athens to protest years of cuts to their pensions under the country's bailout commitments.
Greek main opposition appears ‘certain’ of early elections being called
Greek main opposition party New Democracy appears confident that early elections will be called, following the suspension of short term debt relief measures, in response to the Greek government’s recent proclamations. In a statement on the recent ...
ELSTAT: Unemployment in GREECE Dips Slightly in Q3 to 22.6 Percent
Youth-unemployment1 The debt crisis and the austerity-induced recession is reported to have wiped out around a quarter of GREECE'S economic ...
France objects to suspension of Greek debt relief measures by EuroGroup, says Sapin
… French Minister of Finance backs Greek positions French Finance Minister Michel … measures of relief for the Greek debt. The EuroGroup spokesperson had … concerning the Greek debt until the financial promises made by Greek PM …
France, Germany joust over Greek PM's handout
… President Francois Hollande insisting that Greece be "treated with dignity … the 19-nation eurozone which oversees Greece's massive 86-billion euro … 's name". Ironically, Greek pensioner associations have rejected the …
French President Hollande expresses solidarity with Greece
… back stability to Europe and Greece, he says French President Francois … Greece in Europe”, he argued, adding that a solution to the Greek debt problem would lead both Greece and Europe …
Moscovici: Greece cannot handle more austerity measures
… are now working with the Greek authorities to reach an agreement … assertion that Greece is not delivering on its commitments. Greece has made … awarded pensions in Greece are substantially lower. And remember, Greece does not …
Greek-American Professionals Flock to AHI-NY Kellari Party
The American Hellenic Institute of New York's annual holiday party at Kellari Taverna drew a big, diverse crowd. The post Greek-American Professionals Flock to AHI-NY Kellari Party appeared first on The National Herald.
Falakro Ski Center Set to Open
The ski center of Falakro, in the regional unit of Drama near Greece’s border with Bulgaria, is ready to open on Friday, July 16 Nevrokopi mayor Vassilis Giannopoulos told the Athens-Macedonian... The post Falakro Ski Center Set to Open appeared first on The National Herald.
Deputy Minister of Foreign Affairs T. Quick participates in the BSEC Ministerial Meeting in Belgrade
The Deputy Foreign Minister for Greek Diaspora Affairs, Mr. Terens Quick, returns today from Belgrade, where he participated in the Organization of the Black Sea Economic Cooperation (BSEC) Ministerial Meeting, which signaled the end of the Serbia’s six-month presidency of the Organization and the beginning of the current Turkish presidency. On the margins of the Ministerial Meeting, the Greek Deputy Minister had a bilateral meeting with Serbian Foreign Minister Ivica Dacic during which the two Ministers confirmed the excellent bilateral relations as well as the fraternal feelings between the two countries. Further, the Deputy Minister had bilateral meetings with...
Euro zone dampens Greek Christmas spirit
Greece responds to a euro zone decision to put debt relief on hold in a row over Christmas bonuses for pensioners - by scheduling its own parliamentary vote on whether to go ahead with the payment. Ivor Bennett reports.