“The style was fundamentally an expression of America’s triumphant sense that our newly formed nation was the spiritual descendant of Greece, the birthplace of democracy.”—Bruce J. Wentworth, AIA Even ...
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Wednesday, December 12, 2018
Raw Politics: MEPs share their stories of Strasbourg attack
Georgios Kyrtsos, a Greek MEP, told Raw Politics host Tesa Arcilla, who was also in Strasbourg at the time of the attack, what he experienced.
Tsipras to bring Mitsotakis' accusations on the Prespes Agreement to European leaders
Greek Prime Minister Alexis Tsipras is expected to present to his European partners the accusations of the head of the main opposition that the government exchanged with Brussels
BWW Review: It's All GREEK for Me, from Scottish Opera at BAM's Next Wave Festival
I hope somebody from New York City Opera was at BAM last weekend, because Mark-Anthony Turnage's GREEK--a modern retelling of the Oedipus myth from Scottish Opera/Opera Ventures, presented by BAM's Ne...
Pavlopoulos Inaugurates Athena Center for Science and Technology
Greek President of the Republic Prokopios Pavlopoulos inaugurated on Monday the Eugenides Foundation “ Athena” Center for Science and Technology (ACST). Pavlopoulos said the ACST […] The post Pavlopoulos Inaugurates Athena Center for Science and Technology appeared first on The National Herald.
Franco Manca and Real Greek owner Fulham Shore rallies after solid first-half results
Franco Manca and The Real Greek owner The Fulham Shore PLC (LON:FUL) shares shot up 16.4% to 10.9p after it reported a jump in first-half profits and revenue. The restaurant group said operating profi...
BWW Interview: Actress Anthoula Katsimatides Discusses Her Solo Show and How Being Greek Has Influenced Her Perseverance in a Tough Industry
Actress Anthoula Katsimatides discusses her solo show, Warrior Without a Cause, her Greek heritage, and how she went from a business degree to a career in acting. Anthoula, can you tell me a bit about ...
Lloyd’s List Greek Shipping Awards for 2018 announced during Athens event
Lloyd’s List held its annual "Greek Shipping Awards" last Friday in downtown Athens, with outgoing Intercargo association chairman and Angelicoussis group executive John Platsidakis voted as the 2018 ...
Easton Pharmaceuticals Provides Company Update Including Hotel Acquisition in Toronto, BAYER Agreement and Casino Resort in Greece
December 12, 2018 11:34 ET | Source: Easton Pharmaceuticals Inc. TORONTO, ON, Dec. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Easton Pharmaceuticals Inc. (OTC: EAPH) Provides Company update ...
Greece seeks to avert nickel producer Larco shutdown
ATHENS (Reuters) - Greece is trying to avert the possible closure of Europe’s biggest nickel producer Larco and is looking at ways to ensure there are no interruptions to its electricity supply, the c...
Greece sells 812.5 mln euros of one-year T-bills
ATHENS, Dec. 12 (Xinhua) -- Greek authorities on Wednesday sold 812.5 million euros (922.8 million U.S. dollars) of one-year treasury bills, the Public Debt Management Agency (PDMA) said in an announc...
Greece accused of migrant 'pushbacks' at Turkey border
Hundreds of migrants including children and families have been illegally returned from Greece to Turkey despite Greek authorities being repeatedly warned about the practice, three non-governmental org...
Syrian refugee who saved lives shocked at Greek detention
A Syrian refugee lauded for saving migrants from drowning at sea voiced shock Wednesday over her three-month detention in Greece for abetting illegal migration. Sarah Mardini, 23, was released on bail ...
Emergency central bank funding to Greek banks falls in November
ATHENS, Dec 12 (Reuters) - Emergency central bank funding to Greek banks dropped in November compared to the previous month, Bank of Greece data showed on Wednesday. Emergency funding, which is more c...
Nuns Notified Archbishop Demetrios about Archimandrite Gerasimos Makris Sexual Misconduct
BOSTON.- Abbess Foteini and Sister Theonymphi, nuns at the All Saints Monastery in Calverton, NY on Long Island had notified the Greek Orthodox Archdiocese of […] The post Nuns Notified Archbishop Demetrios about Archimandrite Gerasimos Makris Sexual Misconduct appeared first on The National Herald.
Another Embarrassment
Analysis Before the Greek-Orthodox Archdiocese of America and our Greek-American community had a chance to recover from the shame of the titanic sexual scandal of […] The post Another Embarrassment appeared first on The National Herald.
Scholarship to benefit 'Greek community'
VALDOSTA — The Kevin Klepper Greek Leadership Award and Scholarship was recently established to recognize an outstanding student in the Valdosta State University Greek community. The Kevin Klepper Gre...
Christmas editorial, 1944: 'we need a new Europe, democratic, prosperous, progressive'
23 DECEMBER 1944: With the sixth Christmas of the war surely being the last, our aim should not be merely peace but the reconstruction of Western civilisation This weekend Christmas will be celebrated in some fashion throughout Europe – in Berlin as well as in London, in the caves and cellars of Cologne as well as in Manchester. It is a symbol, perhaps a relic, of that unity of the Western world which Christianity did so much to promote and which we in this century have done so much to destroy. But Christianity was not the only creative force, nor are the great wars the only cause of decay. Our civilisation also rests, as the Bishop of Chichester pointed out this week, on the great traditions of humanism, science, and law. And he might have added on the common heritage of the arts – that spring from the old enchantment of ancient Greece where the Nine Muses were born “in shepherds’ cabins on the steep hillside.” Continue reading...
NY forum reveals funds' worries on GREEK economy
The majority of foreign investors continue to have considerable reservations about Greece, despite its emergence from the bailout programs more than ...
Evzones' 150 Year Milestone Celebration
From Homer's epic poems to Byzantine Empire's final moments and from the GREEK War of Independence to the modern Hellenic Republic- the ...
Greek Cypriot opposition slams gov’t over ‘halloumi fiasco’
Greek Cypriots have lost a case to register the production method and brand name of the “halloumi” cheese because of a late plea in a U.K court, which angered the opposition and sparked a political cr...
Greece sells 813mn euros of one-year T-bills at steady 1.09pc yield
ATHENS: Greece sold 813 million euros ($921.21 million) of one-year T-bills on Wednesday, its second such issue after it officially exited its international bailout in August, the country’s debt agenc...
Northern Greece Braces for Heavy Snowfall
Heavy snowfall is expected in northern Greece, even at low altitudes, during Thursday and Friday according to the Meteo weather service of the National Observatory of Athens. According to the ...
Heavy snowfall expected in northern Greece on Thursday and Friday (Vid)
Heavy snowfall is expected in northern Greece, even at low altitudes, on Thursday and Friday according to the meteo weather service of the National Observatory […] The post Heavy snowfall expected in northern Greece on Thursday and Friday (Vid) appeared first on The National Herald.
Body of Man, Probably Asylum Seeker, Found Near Moria Village
LESBOS, Greece – The body of a man was found earlier on Wednesday near the village of Moria on the Aegean island of Lesbos, close […] The post Body of Man, Probably Asylum Seeker, Found Near Moria Village appeared first on The National Herald.
Christmas Tree Lighting at St. Thomas In Cherry Hill, NJ (Vid)
CHERRY HILL, NJ – In a festive atmosphere, in the presence of many children, the Christmas tree was lit at St. Thomas Greek Orthodox Church […] The post Christmas Tree Lighting at St. Thomas In Cherry Hill, NJ (Vid) appeared first on The National Herald.
Greek Court Upholds Bribery Conviction for Ex-Defense Official
ATHENS – An eight-year jail sentence for bribe-taking and money laundering given former defense official Yiannis Sbokos – cut from 16 years – was upheld […] The post Greek Court Upholds Bribery Conviction for Ex-Defense Official appeared first on The National Herald.
Kammenos Says ANEL Will Reject FYROM Name Deal But Back SYRIZA
ATHENS – Reneging again, Defense Minister Panos Kammenos said his tiny Independent Greeks (ANEL) party that is the junior coalition partner in the government headed […] The post Kammenos Says ANEL Will Reject FYROM Name Deal But Back SYRIZA appeared first on The National Herald.
Ronald McDonald House NY Greek Division Helping Children Fight Cancer (Vid)
NEW YORK – For the 23rd year, the Ronald McDonald House New York (RMHNY) Greek Division held its annual Christmas party, which raises funds for families […] The post Ronald McDonald House NY Greek Division Helping Children Fight Cancer (Vid) appeared first on The National Herald.
FYROM Premier Zaev Rekindles “Macedonian” Language Claim
After backing away from saying that part of a new name deal with Greece would allow the use of the “Macedonian” language abroad – in […] The post FYROM Premier Zaev Rekindles “Macedonian” Language Claim appeared first on The National Herald.
In New York, Foreign Investors Still Wary of Greece
With Prime Minister and Radical Left SYRIZA Alexis Tsipras inviting investors to return after the end of eight years of international bailouts, Greece is having […] The post In New York, Foreign Investors Still Wary of Greece appeared first on The National Herald.
Human Rights Commission Accuses Greece of Illegally Returning Migrants
The National Human Rights Commission of Greece (NHRC), an independent advisory body to the Greek State on matters pertaining to human rights protection, raised serious concerns on Tuesday about ...
Deputy Minister of Foreign Affairs T. Quick’s interview with Vietnam News Agency
JOURNALIST: What is the purpose of your visit to Vietnam? How would you describe the relations between Greece and Vietnam in the previous years? T. QUICK: It is the second time in less than two years that a Greek Government representative visits Vietnam. In February 2017, the first official visit of Greek Minister of Foreign Affairs, Nikos Kotzias, which was reciprocated by his Vietnamese counterpart, Pham Binh Minh, last July, signalled our expressed willingness to further develop our close and friendly relations. The signing by the two Foreign Ministers of the "visa-waiver agreement for holders of diplomatic passports" between Greece and Vietnam, due to enter into effect as soon as Vietnam completes its internal procedures, marks the strengthening of our ties. Indeed, my visit is a confirmation of our unquestionable support for further developing and strengthening the cooperation between Greece and Vietnam in a number of sectors, namely trade, tourism, shipping, technology, energy, and construction. The list is endless, as are the possibilities of partnership and cooperation. JOURNALIST: How would you describe the dynamics of bilateral cooperation between Greece and Vietnam, particularly in trade and economic growth? T. QUICK: With a population over 95 million and a fast growing economy, Vietnam represents an emerging power in South-East Asia, which in tandem with the technical know-how and the dynamism of Greek companies, provides numerous opportunities for synergy and mutual development across a wide range of activities. We have no doubt that with an incoming number of tourists three times the size of the Greek population, and a tourist industry which breaks every possible record, Greek businesses are well equipped in terms of expertise, experience and human resources to help develop the tourism sector in Vietnam. The rich culture, hospitality and the beautiful natural environment that our countries have in common guarantee the success of our joint endeavours. Synergies in transport and supply, shipping and energy can build on the basis of Greek know-how in the maritime and energy sectors as well as in infrastructure and the development of actions which will combine highly skilled Greek workforce and high technology with Vietnamese business competence and trade opportunities. Especially when it comes to the construction sector, Greek companies are active on the international stage, while a variety of products, cosmetics, pharmaceuticals, famous food products and raw materials form the basis for market development and ensure mutual economic growth. There are countless opportunities. It is up to us to seize them. We have professionalism, diligence and competitiveness, and Greek businesses know that in Vietnam they will have the opportunity to work with reliable and honest partners. JOURNALIST: The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be ratified by the end of 2018. In your opinion, how will the Agreement affect trade between the two countries in the coming period? T. QUICK: After the legislative work is completed this summer, I hope that the European Parliament will quickly approve the Agreement, in order to allow businesses, workers, farmers and consumers to reap the benefits as soon as possible. The EU-Vietnam Free Trade Agreement is the most ambitious and comprehensive agreement which the EU has ever agreed with a developing country. It shows Vietnam's dynamic approach to the pursuit of international integration for the benefit of its citizens. The Agreement will give rise to new opportunities for European and Vietnamese bodies to export and invest. It will bring about unprecedented advantages and benefits to European and Vietnamese businesses, workers and consumers. Vietnam presents a huge business potential for European exporters and investors, now and in the future. It represents one of the fastest growing economies in Southeast Asia, with a dynamic market of more than 95 million consumers, an emerging middle class and a young workforce. Greece favours all agreements that facilitate development and progress, especially those that promote trade relations between States as a means of preserving and accelerating economic development. For this reason, Greece is a staunch supporter of timely completion and full implementation of trade and investment agreements. As a member state of the European Union situated at the crossroads of the Mediterranean, the Balkans, Western Europe and Asia, Greece possesses the geographic location, the infrastructure (ports, airports, motorways) and the human capital in order to be a commercial hub for the support and the development of trade and investment flows to and from Europe. https://en.vietnamplus.vn/vietnam-has-massive-potential-for-eu-businesses-greek-diplomat/143277.vnp
Alternate Minister of Foreign Affairs Giorgos Katrougalos’ Interview on “Thema Radio” with journalists M. Pollatos and I. Makrygiannis
JOURNALIST: Good morning, Minister. G. KATROUGALOS: Good morning to you and your listeners. JOURNALIST: On Thursday and Friday, we shall have the two-day EU Summit on Brexit, but you will most likely not be in Brussels. I have learned that you will be going to Washington. G. KATROUGALOS: Precisely. I am leaving at noon for America. I shall have meetings there related also to the Cyprus issue, with the new Special Envoy of the Secretary General, Ms Lute. I will meet with Mr Nimetz and, on the following day, we have an important event, the so-called Strategic Dialogue, which is a procedure with the US, it is a procedure that shows the upgrading of our relations with that country. The US invites specific, selected countries to such a dialogue, those which they consider are able to play a role in the stability and security in the region. JOURNALIST: The pro-American ones, in other words? G. KATROUGALOS: Those with which they have coinciding interests. If something were to characterise Greek-American relations recently, this truly is their upgrading as well as the fact that this upgrade is taking place through relations of equality. In other words, we don’t have attitudes like we did in the past along the lines of “Mr Ambassador, here is your army”... JOURNALIST: Okay now, but Pyatt acts like the country is his. G. KATROUGALOS: No, that is not true. He is a very active ambassador, but he has never displayed signs of arrogance, which we had in the past. Every ambassador promotes the interests of their country. Nothing reprehensible in that. But his attitude is not such, I believe, to justify what you are saying, and much less the substance of his actions. JOURNALIST: Anyway, we shall now see how things will go with the Americans. But you said that you will see Nimetz. With that you have aroused our interest, Minister. What is going on with the Skopje issue, with the Prespa Agreement? Will you tell Mr Nimetz to intervene further with Zaev? Will you request an interpretative statement, some additional protocols or anything else related to that issue which will not cause issues with regard to the Macedonian language and all that which Mr Zaev says? G. KATROUGALOS: The message has been sent, and in numerous ways indeed. And not just by me. I shall tell you my actions. I have successively raised the issue with the Secretary General of NATO, Mr Stoltenberg, with Ms Mogherini, the High Representative of the Union for Foreign Affairs and Security Policy / Vice-President of the Commission, as is her formal title, and at the Meetings of Foreign Ministers of NATO and the European Union. And the message is clear, that we must respect the spirit and the letter of the Prespa Agreement, and that statements raising doubt on this content must be avoided. The other side has got the message. You did notice that corrective statements were made with regard to everything that was heard. JOURNALIST: Zaev came out yesterday and said that there will be no additional interpretative statement, or any other annex to accompany the Agreement. What was the bothersome part, Mr Katrougalos, about which we requested refutation? G. KATROUGALOS: In the first statement by Mr Zaev, the one before Parliament, it was clear that the phrasing he chose could stir things up as regards “Aegean Macedonians” etc. And this confusion is not permissible when we have a text which expressly stipulates that there is an end to the irredentism, and that no country has the right to interfere any longer in the internal matters of any other country. And of course, no side must make statements that are susceptible to misinterpretation. JOURNALIST: And if the Skopjans continue, what will you do? Because I hear Mr Kammenos - he is out of line you are bound to tell me - saying that the Prespa Agreement is dead and the Skopjans are adhering to the propaganda of Tito and Mussolini. G. KATROUGALOS: The Independent Greeks have had a position which from the beginning.... JOURNALIST: Okay but is it the governing opposition? What is it, a partner in the government, so that you have to have the same stance? G. KATROUGALOS: About this issue, they indeed do have a different stance, but as they have stated, they go along with the government on everything else. JOURNALIST: They have said that they will topple the government, for example Mr Katsikis has said that the governing majority will be gone, in other words the governing majority will be lost. G. KATROUGALOS: Their actions, their choice of actions, is clearly under their own control, but I assure you there is no chance neither of the governing majority to be lost nor for the Prespa Agreement not to be passed. JOURNALIST: Tell us about that, because Potami seems to have an ambiguous position; one day it's this, the other day that. G. KATROUGALOS: I too had that impression until the day before yesterday. Yesterday’s statements, I believe, affirm my previous position. Because, truth be told, the Agreement has not changed, the letter of the agreement has remained the same. What we are trying to conserve now is its spirit. It is logical for all of us to ensure this, because the issue is not only for the Agreement to be ratified, the issue is for it to be implemented. And its implementation clearly presupposes that we respect it. JOURNALIST: So you believe that Potami will vote in the end. G. KATROUGALOS: That's what I gather from the latest statements. Because I repeat, support of the initial agreement by 4 out of 6 Potami MPs to be exact, two had stated from the beginning that they disagree. I don’t see the reason for this to change. Because, I repeat, nothing has changed in the letter of the Prespa Agreement and, to date, the constitutional revision is being concluded exactly as they had promised they would do. JOURNALIST: Are you not worried that Theodorakis will sort things out with Mitsotakis and thus that their stance will change, as the Prime Minister's office is allowing for it be insinuated. G. KATROUGALOS: The choices of Potami with regard to its political collaborations is again something that is completely up to them, to the total discretion of that party. But I believe that it has commitments, again related to its political reliability. Obviously, no other type of commitments exist in the policy as regards to the Prespa Agreement, from the initial statements JOURNALIST: Can I ask something: You were with Alexis Tsipras in Moscow, on the visit that took place last week. How did things go? One truly asks oneself what the goal of that trip was. For them to say publicly, for President Putin to say, “The decision to expel the Russian diplomats was nonsense,” and for the Greek Prime Minister to say “It was simply a dark cloud on an otherwise sunny relationship?” G. KATROUGALOS: The expulsion of the diplomats was not a central element of the talks, under any circumstances. The Prime Minister told us clearly that we make the decisions, that as long as he is Prime Minister at least, no one else influences Greece’s decisions on issues of foreign policy. But he felt, along with President Putin, that it is an isolated event in our generally good relations. And the goal of the visit was precisely to rekindle these relations, to provide prospects, especially for cooperation in the economic sector, and in what we call relations between peoples. And this is why it was decided for next year to be the “Year of Language and Culture” for us and for Russia, clearly related to Greek culture and, for Greece, related to Russian culture. JOURNALIST: In other words now you are saying that no country influences Greece's foreign policy. In the US, where you will be travelling now, you will hold talks there with the head of the State Department, with Mike Pompeo, the US Secretary of State in other words, with whom we have such a good relationship....G. KATROUGALOS: And with the Security Advisor, Mr Bolton. JOURNALIST: Don’t the US influence Greece in any way? G. KATROUGALOS: That is what I was trying to say earlier, that when you have relations of parity, when in other words there is no overlord... JOURNALIST: Does anyone have balanced relations with the US? G. KATROUGALOS: Good balance does not depend on size. For example, we want to have balanced relations with our neighbouring country, the fYROM, and we are similar in terms of size and might, which is not the case with the US. And when reciprocal respect reigns in the relations between countries, and respect of International Law, size certainly is important, but it does not necessarily lead to unbalanced relations, especially relations of subservience. JOURNALIST: And one last thing about Katsifas, because people are asking. Is there any response by the Albanian Authorities, as to how Konstantinos Katsifas was murdered? G. KATROUGALOS: No, and this is one of the issues that I raise publicly also -without being critical- that we are awaiting the results of the investigation. This is one of the things we are requesting. Indeed, in a recent statement by a Spokesperson of the Ministry of Foreign Affairs, this issue was raised. We wish to have good relations with Albania. In fact, the negotiations between us under Nikos Kotzias have been advanced, almost to their final stage. But as I have said many times, for us, a condition for the Albania's European perspective is for it to meet all the obligations that it has towards the European Union, and to fully safeguard, as is its European obligation, I repeat, the rights of our Minority there. Abundant light must be shed on the issue of Katsifas.
Roots of AI debate lie at feet of Greek gods
As Jason and the Argonauts sailed home with the Golden Fleece, they stopped to rest by the island of Crete and found themselves under attack by a giant robot. Designed by the god Hephaestus to protect ...
A Wall Street veteran is teaming up with Victor Cruz and Draymond Greek to launch a tech accelerator for startups in an unlikely city - Flint
A veteran Wall Street executive is bringing together a group of industry leaders, top athletes, notable journalists, and entrepreneurs to launch an accelerator that invests in startups in a city not w...
Greek Presidential Guard Established 150 Years Ago Today
A Presidential Guard in front of the Unknown Soldier Monument in Athens. Photo by Wikipedia The long and remarkable history of the Greek Presidential Guard (or Proedrikí Frourá in Greek) started ...
Two Greek islands in top 20 most romantic destinations in the world
Santorini is the ninth most romantic destination in the world at the moment, followed by Corfu in 17th spot
GREEK TV network cops ban over racist commentary
Greece's National Council for Radio and Television (ESR) announced on Tuesday the imposition of a 24-hour broadcasting ban on TV channel “E” ...
The Fall of Ancient Greece
We often look for parallels between the state of our civilization and the fall of the Roman Empire. More important than that, I have argued, are lessons from the fall of the Roman Republic, when a cen...
After Fierce Debate, Greek Lawmakers Halt Scheduled Pension Cuts
ATHENS – After a clash between Prime Minister Alexis Tsipras and New Democracy major opposition chief Kyriakos Mitsotakis, the Greek Parliament approved a halt in […] The post After Fierce Debate, Greek Lawmakers Halt Scheduled Pension Cuts appeared first on The National Herald.
Greek TV Station Fined, One-Day Ban for Antetokounmpo Slur
ATHENS – Greek TV station New Epsilon was fined 30,000 euros ($33,980) and will go dark for 24 hours as punishment for sports commentator Takis […] The post Greek TV Station Fined, One-Day Ban for Antetokounmpo Slur appeared first on The National Herald.
Greece cancels pension cuts after budget improvements
Greek lawmakers have voted to cancel a major round of pension cuts which were to take effect on Jan. 1, following a fast-track debate procedure in parliament. Lawmakers in the 300-seat parliament ...
Secretary General for European Affairs Panagiotis Pavlopoulos at the EU General Affairs Council (Brussels, 11 December 2018)
Secretary General for European Affairs Panagiotis Pavlopoulos represented Greece at the EU General Affairs Council which took place today in Brussels in light of the European Council on Thursday, 13 December and Friday, 14 December. Referring to the European Commission's proposal for the new Multi-Year Fiscal Framework 2021-2027, Mr Pavlopoulos stressed: “We are against any reduction in long-term policies of the Union, which are protected by the Agreements, in other words the Cohesion Policy, the Common Agricultural Policy, and the Common Fisheries Policy. The new political priorities, such as the European pillar of social rights which must finally be implemented, the turning of our attention to young people, the common mechanism for civil protection, research, innovation, and digital economy, migration, security and defence, centre around the Cohesion Policy and the Common Agricultural Policy, with a goal of a strong, democratic, and social Europe that is attractive to its citizens. This consequently represents a step backwards which must be corrected, reduction in funding by 10% for the Cohesion Policy and by 15% for the Common Agricultural Policy. Reducing these two specific funds is the wrong choice, for the wrong reason, at the wrong time. Re-nationalising partial funding represents backtracking to Euroscepticism.” At another point in his speech, the Secretary General for European Affairs stressed that the political decisions for the new Multi-Year Fiscal Framework must be made before the European elections of May 2019. He stated, characteristically: “Greece's position, therefore, with regard to the timetable, is quite clear: We must not leave Europe pending, especially now that the black clouds of far-right nationalism are on its horizon.” Mr. Pavlopoulos underscored the Greek stance on continued funding for the Common Agricultural Policy and the Political Cohesion Policy, at least on the level of the current Multi-Year Fiscal Framework in actual values, the doubling of funds for tackling youth unemployment at the European Social Fund Plus compared to the existing Youth Employment Initiative, the establishment of a special €5.9 billion fund for the Child Guarantee to tackle childhood poverty. More specifically, with regard to Greece, the Secretary General for European Affairs stressed that the European budget ignores the economic crisis, as if it did not exist. And this because the period 2010-2013, during which Greece lost 25% of its GDP, affects neither the current nor the new Multi-Year Fiscal Framework. Specifically: “It's as if the economic crisis passed Greece by. A magical picture. The current Multi-Year Fiscal Framework, with the pre-crisis GDP data. In the new Multi-Year Fiscal Framework, with the lowest capping of the GDP. For this reason, we seek “correction in capping” [note: The annual recovery limit is reduced from 2.35% of the GDP to 1.55%] in order to account for the effects of the crisis. To account in other words for the plunge in the GDP and the largest output gap in Europe for the period 2014-2016.” By increasing capping, the cohesion funds that Greece will receive are greatly increased. With regard to the Common Agricultural Policy (CAP), Mr Pavlopoulos stressed that the current levels of funding must at least be safeguarded for both its pillars in order for attainment of its goals to be possible. Direct strengthening of the 1st pillar must continue to constitute a safety net of the agricultural income and stabilisation of income differentials with other sectors of the economy. The Secretary General of European Affairs requested withdrawal of the increase in national co-funding from 20% to 30% in the 2nd pillar of the agricultural investments since it represents a step of partial re-nationalisation of the CAP.
Alphabet enters Greek, Croatian, Bulgarian and Cypriot markets
Alphabet International has expanded it presence in Europe, entering the Greek, Croatian, Bulgarian and Cypriot markets, by partnering with leasing company Autohellas SA. Autohellas SA, which is a Hert...
Substantial rise in Chinese investors buying Greek property rise, major Asian real-estate platform says
Mainland Chinese invested $119.7 billion in international property last year
Greece's Famar restructures debt, gets Pillarstone investment
ATHENS (Reuters) - Famar, a contract manufacturer to pharmaceutical industries, has completed a 174 million euro ($197 million) debt restructuring and secured new funds from private equity-backed Pill...
Stand up to things besides Harvard
Many students, specifically GREEK, have taken to social media to #StandUpToHarvard through changing their profile picture to include a frame with the ...
Perry Rizopoulos shares his Pappou's journal of surviving Nazi Germany and GREEK Civil War
and encouraged them to recall a photograph or memory. For Rizopoulos, who has GREEK and Italian roots and was born and raised in the Bronx, this ...