For an olive oil producer in Lesbos, Greece in the throes of the GREEK economic crisis the choice was clear: Either sell the family's olive trees or add ...
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Tuesday, June 6, 2017
GREEK notaries to participate at auctions of property valued at above €300000
As an affiliated legal profession, as per GREEK law they specialize in contracts and property transactions, probate wills etc. A coordination body of all ...
INTER FOREVER LOOK AHEAD TO GREECE CLASH
HERAKLION – Inter Forever have arrived on the Greek island of Crete ahead of their charity match against Greece’s Euro 2004 winning side on Wednesday at 19:30 CEST. The game is being hotly anticipated in Greece as it will be the first time Otto ...
ETF Floppers: Greece, South Africa, and Retail
Tuesday's biggest flops were a mixed bag of country-specific exchange-traded funds and retail. Global X MSCI Greece (GREK) was among the highest-flying ETFs on Friday as the prospect of bailout disbursement lifted the country's stocks, but declined 2.4% on ...
Keep Calm and Yoga On the Greek island of Symi
The ten-day Symi Yoga Retreat odyssey, carefully curated by cousins, Athena Scott-Rublee and Arianna Galanis Panton offers a unique experience combining yoga and self-development within their own Greek heritage. Guests will be able to experience the ...
Gazprom-Edison-DEPA deal signed for southern gas supply route in Greece
Russia's Gazprom, the Italian energy company Edison and Greece's Public Gas Corporation DEPA on Friday signed a cooperation agreement at the St. Petersburg International Economic Forum 2017 in Russia for the supply of Russian natural gas to Europe via a ...
Energy Minister: Greece To Launch New Tender For Gas Grid Sale In June
ATHENS, June 6 (Reuters) - Greece will launch a new tender competition for the privatisation of its natural gas grid operator DEFSA in June, Energy Minister George Stathakis said on Tuesday. Stathakis announced the tender in an interview with Greek news ...
Greece issues state of emergency, asks resident to avoid travel on lakefront roads
The Town of Greece has issued a state of emergency on Tuesday. Due to rising water levels, town officials are asking residents to avoid travel along waterfront roads, "due to potential situations that could threaten public safety." The state of emergency ...
Town of Greece under state of emergency due to rising water
Greece, N.Y. (WHAM) - The Town of Greece is under a State of Emergency until further notice due to rising waters and the possibility of flooding. Greece Town Supervisor Bill Reilich made the announcement Tuesday afternoon. Reilich added the state of ...
The Greek word that can’t be translated
In his second summer in the lonesome Greek village of Tolo on the east coast of the Peloponnese, German senior civil servant and writer Andreas Deffner committed a cultural blunder that led him to the celebrated concept of Greek philotimo. “Good morning ...
Grexit risk still exists, former EC chief Jose Manuel Barroso says
With negotiations between GREECE and its creditors still troubled ahead of the June 15 Eurogroup, Barroso also said that the prevailing view in Europe ...
GREECE Expects Record-Breaking 2017
GREECE has long been a favorite among international travelers, and the country is expected to have a record-breaking year when it comes to ...
First sea turtles arrive on Crete island in GREECE for the season
After a long wait, tireless effort and patience researchers from ARCHELON, the sea turtle rescue centre in Rethymnon, the first nest of the sea turtle for ...
GREEK gov't angles for compromise on debt relief
As the outlook for a meaningful offering from creditors on GREEK debt appears unlikely, government officials are aiming to secure a larger chunk of ...
ASU professor's work on ancient GREEK poetry praised by New York Review of Books
Tueller's expertise allowed him to update the GREEK Anthology of the library, which has not been reviewed since 1918. Tueller translates epigrams ...
Deloitte's COO explains his view of the economy, fintech, and why we shouldn't be afraid of robots
[COO FRANK FRIEDMAN] _Deloitte Touche Tohmatsu Limited is one of the most powerful financial companies in the world._ _The 172-year-old UK firm, which is commonly referred to as Deloitte, is known for its audit and consulting services. In 2016, the company's workforce stood at more than 240,000 employees and its revenues totaled about $36 billion, according to the firm's 2016 Global Report. _ _Heading the operations of the multi-national and multi-billion dollar outfit is Frank Friedman, the firm's global chief operating officer. Friedman oversees the network’s operational leaders, helping them execute the firm's vision and strategy throughout its various divisions worldwide._ _In a wide-ranging interview with Markets Insider, Friedman explained his view of the US economy, financial technology, and why he doesn't think the eminent robo revolution is scary._ _This interview has been edited for clarity and length. _ MARKETS INSIDER: In your outlook note, you said the global economy is actually much stronger than experts are giving it credit for. What leads you to this conclusion? What effect will it have on asset prices if the consensus view incorporates this? FRANK FRIEDMAN: If you look at the world’s largest economies, including the US, Japan, China and Europe, the data has largely been positive, and more optimistic than expected.[FROM L-R, EUROPEAN COUNCIL PRESIDENT DONALD TUSK, CANADIAN PRIME MINISTER JUSTIN TRUDEAU, GERMAN CHANCELLOR ANGELA MERKEL, U.S. PRESIDENT DONALD TRUMP, ITALIAN PRIME MINISTER PAOLO GENTILONI, FRENCH PRESIDENT EMMANUEL MACRON, JAPANESE PRIME MINISTER SHINZO ABE, BRITAIN’S PRIME MINISTER THERESA MAY AND EUROPEAN COMMISSION PRESIDENT JEAN-CLAUDE JUNCKER POSE FOR A FAMILY PHOTO AT THE GREEK THEATRE DURING THE G7 SUMMIT IN TAORMINA, SICILY, ITALY, MAY 26, 2017.. REUTERS/JONATHAN ERNST] Take the US for example. We currently see strong employment growth alongside surprising growth in Europe, particularly in Germany and Spain. Economic growth overall is accelerating from last year, and asset pricing continues to increase. To give you an example, despite percentage decrease for April, the Institute for Supply Management (ISM) manufacturing index has been on the rise. The index rose to 57.2 percent in March from 56 percent in January, with February’s 57.5 percent showing the highest reading since August 2014. MARKETS INSIDER: Where are you dedicating resources and where do you see as major growth areas for a global professional services firm like Deloitte? What direction would you like to see the company heading in? FRIEDMAN: Right now, we are continuing to invest in increasing the strategic value of our client service offerings. Much of this is driven by our focus on digital innovation, cybersecurity services, transfer pricing and M&A support. Expanding all areas of our core business by advancing our capabilities with technology and risk mitigation is an on-going priority for us. We believe all services we perform, including audit, should include digital and security components. MARKETS INSIDER: With so many fintech companies emerging these days, what does Deloitte look for when they partner with fintechs. What makes those firms stand out from others? FRIEDMAN: In today’s climate, no company, no matter its size can go it alone. It’s really all about strategic alliances. At Deloitte, we look to align with organizations that differentiate themselves in response to changing market and industry dynamics. No criteria is set in stone, but we also look at how these organizations can complement what we’re already doing. For fintech companies in particular, what’s really going to grab our attention are factors like their ability to lower costs, improve compliance, and focus on markets where they have a real competitive advantage. MARKETS INSIDER: What do young fintech startups offer that legacies like Deloitte do not, and how do they benefit Deloitte? FRIEDMAN: First of all, disruption in any industry is a good thing. It forces people and organizations to think differently and challenge their routine. And, the same is true for Deloitte. We often take a step back and ask ourselves how we can continue driving our professional services industry forward. In some ways, the abundance of fintech startups has reminded us that the lessons we learned a long time ago are just as relevant today. To remain competitive, we have to continue hiring a lot of really bright people from a variety of backgrounds, all with innovative mindsets. People who can bring disruptive ideas to the table, and who can create solutions to deliver better insights for our clients. So in many ways, these emerging players have pushed us to continue doing what we were already doing in the first place, but doing it faster and more effectively. [GOLD ROBOTS]MARKETS INSIDER: Can you expand on what you see as the future of the workforce at Deloitte? What skills would be needed for the workplace as technology continues to evolve? FRIEDMAN: Today’s conversations tend to focus heavily on the degree to which robots may take the place of humans, which can be a scary thought for a lot of people. But, with that said, it is important to recognize that robots will also create new types of jobs. According to our recent Deloitte Global Human Capital Trends Report,_ _the entire workplace is being reinvented as the use of robotics and AI increases. But even with this transformation, only 20 percent of survey respondents felt that future of work scenarios will reduce the number of jobs. More than three quarters of the companies surveyed said they either will retrain people to use technology or will redesign jobs to take better advantage of human skills. With the increasing use of technology, we will of course need STEM skills, but we will also need people skilled in softer areas like critical thinking, creativity, selling and relationship building. The ability to lead, strategize and inspire people to follow you and bring your vision to life will also become more important. I see younger generations in the workforce increasingly place a premium on these softer skills as they work together in teams, allowing them to build relationships with those around them through social activities. Ultimately, they’re devoting themselves to a purpose sometimes greater than just their paychecks. MARKETS INSIDER: Since the financial crisis, recovery in the world's most developed economies has been lackluster. What do you think has been the reason for this? FRIEDMAN: Two key factors need to work in tandem with one another to stimulate long-term growth. First, economies need to get more people working and second, the productivity of those workforces needs to increase. Globally, we are not adding more people to the workforce. In fact, in most developed economies, we are observing a slowdown in the working age population, and even a decline in China and Japan. In the US, we are still seeing some growth in the working age population, but it is slower than it used to be. Productivity increases are primarily the result of technological innovation and implementation. Unfortunately, not only are the world’s most developed economies not investing in new technologies, but innovation has slowed noticeably, too. Broader implementation of innovation tends to come in cycles, like the late 1990s and early 2000s with the implementation of information technology. This boosted business productivity in ways we could have never imagined. I hope that today’s innovations will be drive similar momentum in a big way sometime over the next decade, boosting productivity once again. MARKETS INSIDER: In light of recent controversies within the Trump administration and the failure to get healthcare passed, it seems less likely that Trump will be able to get tax reform/infrastructure done. Are you worried about this?[MCCONNELL TRUMP RYAN] FRIEDMAN: As a global leader, I am hopeful about positive steps forward on a range of issues impacting today’s society. But, in my role, I also know that affecting large scale change is not easy. I realize that policy changes such as fiscal stimulus, tax reform, deregulation and investments in infrastructure can help boost our economy, but these things don’t happen overnight. Regardless of the outcomes, Deloitte needs to remain nimble and ready to serve our clients, because that’s what they expect of us. MARKETS INSIDER: What's top of mind for a business leader of a global company like Deloitte? What do you see as the biggest risks, the biggest opportunities? FRIEDMAN: Disruption, without question, is both a risk and an opportunity for businesses large and small. Organizations need leaders who are constantly thinking about disruption or their business is going to lose. It is important to have people who ask the challenging questions in all areas of business. How do we expand our footprint globally? What can we do differently that we are doing today? How can we disrupt our own business? What are the investments that we need to make today and over the next 5-10 years? MARKETS INSIDER: What advice would you give for employees who want to make it to the C-suite? FRIEDMAN: You really need to put your head down, and work as hard as you can to learn as much as you can. The first thing I would tell someone is that it starts with competency. Second, is persistence and hard work. Third, is the ability to really lead and to emerge as a natural leader. Fourth, is the ability to create a vision that is big, perhaps bigger than you, that challenges the status quo and inspires others. _Tina Wadhwa contributed to this interview._ SEE ALSO: A COFOUNDER OF AN INVESTING BUSINESS THAT'S CHANGING WALL STREET TALKS FINANCE, TECH, AND CAREER ADVICE Join the conversation about this story » NOW WATCH: Crocs has a new comeback plan — here's why it could actually work
President Pavlopoulos Meets UNICEF Regional Director Khan
ATHENS (ANA) – Despite the great social and economic crisis, Greece is always on the side of UNICEF and is doing its best especially for […] The post President Pavlopoulos Meets UNICEF Regional Director Khan appeared first on The National Herald.
Funeral set for head of Greek Orthodox Church in US Midwest
CHICAGO — A funeral is planned Friday for the leader of the Greek Orthodox Church in the U.S. Midwest. Church leaders say Metropolitan Iakovos was still active in ministry when he died Friday at age 89 after an unexpected illness and surgery at a Chicago ...
From Italy to Greece: a Syrian violin will play and witness the refugees’ ordeal through the Balkan route
MILAN, 6 JUNE – A story of a dream. A different point of view of the “Balkan route”, told by two musicians and a Syrian violin. Alaa Arsheed, a composer from Syria who has been living in Italy since 2015, and his friend and Italian jazz musician and ...
Put a GREEK spin on a favorite lunch staple
Taking inspiration from GREEK ingredients and flavors, this tuna salad practically whisks you away to a breezy GREEK island, even if you're only digging ...
Arabic Translators Did Far More than Just Preserve Greek Philosophy
In European antiquity, philosophers largely wrote in Greek. Even after the Roman conquest of the Mediterranean and the demise of paganism, philosophy was strongly associated with Hellenic culture. The leading thinkers of the Roman world, such as Cicero and ...
Pop-Up to Bring Best of Greek Fashion to London
For two weeks Londoners will be able to get the best of Greek fashion and design at a temporary concept store just a tube-ride away. Are you a Londoner and can’t wait for your holiday to get that Greek summer feel? Just head to Notting Hill.
Eat Greek with Greek Festival set for San Bernardino
The Inland Empire Greek Fest on the Hill takes place this weekend at Prophet Elias Greek Orthodox Church, 1035 Inland Center Drive in San Bernardino. Riverside’s University Village adds two new restaurants This chili won Pechanga’s Chili Cook-off, here ...
Ya'ssoo Greek Festival ready for 2017 run in Ann Arbor area
LODI TOWNSHIP, MI - St. Nicholas Greek Orthodox Church, 3109 Scio Church Road, is opening its grounds Friday through Sunday, June 9-11, for the 11 th annual Ya'ssoo Greek Festival of Ann Arbor. Admission is free before 4 p.m. on Friday and $3 after that time.
MIC's Louise Thompson wears sizzling bikinis in Greece
… during her trip to Mykonos, Greece. The Made In Chelsea star …
Lawyer Says Greek Court Copy-Pasted Favorable Rulings for Two Banks
… /Giorgos Kontarinis ATHENS – A Greek prosecutor is looking into the … Involvement (PSI) debt haircut for Greek state bonds in 2012, on …
Stats: Record-Breaking 30 Million Tourists to Visit Greece in 2017
… tourists visiting Greece, creates one new job for a Greek. "We … ; said Greek Tourism Minister Elena Kountoura in a written release. Greece has … as Kos, Rhodes, Mykonos, Santorini, Corfu, Kephalonia, Zakynthos, Aktio and Thessaloniki …
Culture Ministry Promotes Greek Music at MIDEM 2017 Expo in Cannes
In an effort to introduce Greek music to the rest of the world, the Greek Culture Ministry is participating in the international music exhibition MIDEM 2017 that is taking place June 6-9 at the Palais de Festivals, in Cannes, France. With four days of ...
GREECE: Factsheet April 2017
One million refugees and migrants transited through GREECE in 2015 and 2016 during the emergency, along the Eastern Mediterranean route through ...
Prepare for Overland Park’s Greek Festival with Koulourakia
KANSAS CITY, Mo. -- Opa! It's all about eating, drinking and dancing at the Greek Festival in Overland Park this weekend, and FOX 4 got a little taste of the Mediterranean culture Tuesday. Greek Festival volunteer, Tori Hirner, helped Mark Alford and Abby ...
The Story of the Roxy Cinema’s Greek Past and Present
Peter Feros came to Australia from Greece looking for work and ended up finding employment in the York Cafe in Manilla which was owned by his brother. He later joined two other business partners, George Psaltis and Emanuel Aroney, and set up a Greek Cafe ...
Greek Food Festival Set to Begin
SCRANTON, LACKAWANNA COUNTY (WBRE/WYOU) Volunteers getting ready for the annual "Greek Food Festival" at the "Annunciation Greek Orthodox Church" in Scranton. Members say it has become an city-wide event. Not only is there some wonderful Greek Food, but ...
GREEK Organization of Football Prognostics S.A. (ATSE:OPAP): Placing Shares in the Spotlight
The ROIC Quality of GREEK Organization of Football Prognostics S.A. (ATSE:OPAP) is 2.128469. This is calculated by dividing the five year average ...
Prince Charles' Private Letters Revealed: Marriage Was 'GREEK Tragedy,' Hopes To Be Appreciated ...
In one of his newly unveiled private letters to Mrs. Reagan, Prince Charles described his marriage to Princess Diana as “a kind of GREEK tragedy,” ...
Milwaukee Bucks Daily: Giannis Antetokounmpo flying the flag for GREECE
The latest Milwaukee Bucks Daily is here as Giannis Antetokounmpo is recognized for his work promoting his home country of GREECE. In this latest ...
Greek Chicken Roulade with Spinach and Feta
The inspiration for this post on a Greek Chicken Roulade with Spinach and Feta is my wife. Is that a common theme? You bet. As I write this post, I am on my way back home from a retail real estate conference – ICSC. And do you know what today is?
Broadcast impartiality rule has helped Labour to achieve biggest poll shift since 1945
may corbyn At the beginning of the UK general election campaign it looked as if it might be the most lop-sided contest since 1945. Polls showed the Labour party lagging behind the Conservatives by between 16 and 22 points, a level of Tory supremacy that – even according to those pollsters that showed the narrowest margin – surpassed their landslide victory in 1983, when the Conservatives won by 15 points (42.4% of the popular vote to Labour’s 27.6%). After the second week of the campaign all the polling companies – ComRes, ICM, Kantar, Opinium, ORB, Survation and Yougov – reported numbers that added up to what the renowned psephologist David Butler has called the biggest poll shift in any election campaign since 1945. The Conservative lead was cut dramatically to between 5 and 14 points. This has since narrowed further to a lead of between one and 12 points. While this range could still give the Conservatives a comfortable majority, it opened up a possibility that was unthinkable at the beginning of the campaign – the idea that the government could lose its overall majority. We have also seen a dramatic shift in the perception of the party leaders. Before the campaign, polls showed strong approval ratings for Theresa May’s party leadership and very negative ratings for Jeremy Corbyn. By May 25-26 YouGov reported a narrowing of the gap between them, but May still had a positive rating of +9 while Corbyn’s was -28 (a 37 point gap in favour of May). But by June 1-2, Corbyn’s rating had actually moved slightly ahead of May’s (Corbyn -2 to May’s -5). Anyone familiar with research about the complex relationship between media coverage and public opinion will know that significant changes in public perceptions generally take place over a much longer period. So whatever the result on Friday morning, how do we explain this remarkably rapid shift? SHIFTING FOCUS Part of the explanation is that Corbyn’s team have run a better campaign than May’s. But it is underpinned by broadcast news coverage that is bound by a public service ethos. As Loughborough’s research shows, press coverage in this campaign has been overwhelmingly anti-Labour and broadcasters have by no means given Labour an easy ride. But their statutory obligation to impartiality means that they have done what news providers are supposed to do in a democracy, and given both sides roughly equal time to make their case. The teams monitoring the campaign at both Cardiff and Loughborough found Labour receiving roughly equal coverage from week two – the week that precipitated Labour’s biggest poll surge. While some of this was negative – based on judgements about the leaking of Labour’s manifesto, for example – it also became more policy oriented. How the debate has shifted. JOMEC, Cardiff University, Author provided This has given a number of policies in Labour’s manifesto – policies polls suggest are popular with a majority of the electorate – significant airtime. This was arguably the first time since Corbyn became leader that Labour had received as much coverage as the Conservatives on policy issues – in a way that allowed both sides to set out their stalls. And there’s the rub – whatever the merits of the two campaigns, what was striking was the contrast with a year’s worth of negative coverage of Corbyn and relatively positive coverage of May. In this context, Labour has outperformed expectations, while the Conservative leader struggled to live up to a campaign premised on her much-heralded leadership qualities. HISTORY OF BIAS This does raise questions about the impartiality of media coverage over the preceding year. Veteran broadcaster David Dimbleby is the latest to criticise media coverage of Labour under Jeremy Corbyn – both for its right-wing bias and its “lazy pessimism” about Corbyn’s viability as a potential prime minister. Press bias against Corbyn has been both predictable and overt. But the BBC has also been criticised for lapses in impartiality. In January, for example, the BBC Trust reprimanded the BBC’s political editor Laura Kuenssberg for editing an interview with Corbyn on the six o’clock news in ways that gave a false and negative impression of Labour’s leader. This is not a matter of wilful bias by the broadcasters, who are genuinely committed to impartiality – but it does show how news judgements are not politically neutral. For the past two years, politics has been dominated by the ability of the two main party leaders to control their parties. By this measure, May clearly beats Corbyn. While this is an important and legitimate issue, its primacy in political reporting meant that insufficient attention has been paid – until now – to the very real policy choices that impact peoples’ lives. > It has also meant that the Conservative party’s economic record has received remarkably little serious scrutiny. In a series of articles, Oxford University economist Simon Wren-Lewis describes how Conservative claims about their “strong and stable” management of the economy have been replicated rather than questioned. This is in spite of a wealth of data suggesting that the government’s austerity policy has, by many measures, hindered economic growth. It has produced the slowest economic recovery on record – a worse record on GDP per capita growth than any previous Labour government and a stagnation on earnings that puts the UK behind every wealthy country other than Greece. At the beginning of the campaign, both the Cardiff and Loughborough studies showed the Conservative party dominated coverage, with a focus on “leadership” rather than policy. This suited a Conservative party campaign based on promoting May’s leadership qualities and denigrating Corbyn’s. The polls only began to move when broadcasters became more balanced and policy-focused. This exposure may have changed some public perceptions, but the residual impact of a year’s worth of coverage – that gave us “strong and stable” versus “coalition of chaos” – is likely to remain. While this narrative looks decidedly less secure than it did, it will probably be enough to secure the Conservative party victory. [The Conversation] _Justin Lewis does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond the academic appointment above._
Recall Roundup: Pepperoni Rolls, GREEK Pasta Salad, and more
Each week, we take a look at the recalls that have affected a variety of food items. These recalls can happen for a myriad of reasons. This past week or ...
Consensus was key to economic growth, Portugal's Perestrello says
GREECE could simply not be left alone to face this crisis, which should be a shared responsibility within the European Union, first of all because such a ...
Is GREECE Europe's Great Undiscovered Frontier?
GREECE wouldn't be your first bet when choosing a surf destination. Marlon Lipke, Yannick De Jager and Gony Zubizarreta have had an eye on this ...
La Salle star wrestler will compete in Greece
… qualified for World Competition in Greece this Fall. https:/… the United States in Athens, Greece from Sept. 1-9. This fall … account for sending Lucas to Greece this fall. Jeff said the …
Greece’s Ambassador in London Visited the Greek Citizen Stabbed in Terror Attack
… , visited the hospital where the Greek man, stabbed during terrorist attack … , according to the Greek Embassy in UK The Greek citizen, Antonis Filis … ” said the Greek embassy. Filis, who had left Greece in 2011 in …
Ghanaian midfielder Albert Bruce wants to end season on high with Greek side
Panegialios Ghanaian midfielder Albert Bruces wants a strong finish to the season in the Greek second-tier league. Panegialios travel to the Dimotiko Stadio TrĂkalon to face Trikala on the final day of the Football League on Sunday. The former Ghana Under ...
EU Commission Spox Schinas: Second Review of Strategic Importance for Greece
European Commission spokesman Margaritis Schinas on Tuesday underlined the need for a “common understanding” on the issue of the Greek debt in the following weeks. Called to comment IMF’s chief Christine Lagarde’s proposal for the extension of the ...
Egypt authorizes GREECE to sponsor Egyptians expats in Qatar
Egypt declared on Monday that it has assigned the Greek Embassy in Qatar to follow up on the interests of Egyptian citizens currently based in Qatar ...
A team of trained staff
He lives on Chios, an island a 30-minute ferry ride from the Turkish coastline, dependent on tourism, part of GREECE, a country with a million ...
National Bank of GREECE (ADR) (OTCMKTS:NBGGY)
National Bank of GREECE (ADR) (OTCMKTS:NBGGY) stock continues to experience increased volatility in the market as Moody's maintains a stable ...