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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Saturday, December 1, 2012

World Briefing | Europe: H.I.V. Cases Increase in Greece

Health officials warned of an alarming increase in infections in Athens, particularly among intravenous drug users, as Greece struggled through a financial crisis.


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WORLD News of the Day From Across the Globe /




Masked men in jackets emblazoned with the word "police" boarded a fishing boat Friday in Curacao and stole 70 gold bars worth an estimated $11.5 million, officials on the southern Caribbean island said.

Athens is seeing an alarming increase in new HIV infections, particularly among intravenous drug users, health officials warned Friday, as Greece struggles through a protracted financial crisis in which funding for health care and drug treatment programs have been slashed.

While there were about 10 to 14 new HIV infections per year among Athens drug users from 2008 to 2010, that number shot up to 206 new cases last year and 487 new cases by October this year - a 15-fold and 35-fold increase, respectively.

The Italian news agency ANSA says a wall at the Pompeii archaeological site has collapsed following days of heavy rain.

Under a newly approved amendment, the candidates would have to invest in a Bulgarian company involved in a high-priority project in industry, infrastructure, transport or tourism.


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German parliament approves aid for Greece


German parliament approves aid for Greece
AFP
BERLIN — Germany's parliament on Friday overwhelmingly approved billions of euros in international aid for Greece, handing a much-needed financial boost to Athens as it battles against bankruptcy. Deputies voted by 473 to 100 to give the green light ...


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What's Missing in the Latest Greek Bailout


Deutsche Welle

What's Missing in the Latest Greek Bailout
New York Times
The new Greek bailout deal agreed to Tuesday by euro zone finance ministers and the International Monetary Fund is a clear improvement over earlier deals. It recognizes that Greece's current and projected ratios of debt to output are unsustainable.
UPDATE 4-German lawmakers approve Greek bailout despite qualmsReuters
Greek aid is patchwork, ex-foreign minister saysDeutsche Welle
Germany's Schaeuble urges MPs to back Greek bailout despite uneaseFox Business
NASDAQ -Business Recorder (blog)
all 1,159 news articles »

READ THE ORIGINAL POST AT www.nytimes.com

Facing impoverishment, elderly Greeks rage against pension calamity


Globe and Mail

Facing impoverishment, elderly Greeks rage against pension calamity
Globe and Mail
For hours the leader of the Greek journalists' social security fund had been chairing a meeting about disastrous losses on retirement savings caused by the country's economic collapse. “She tried to present herself as the fund's saviour and asked ...
Greek Housing Market Falling Down FastGreek Reporter

all 28 news articles »

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Yen falls after foreign bond move floated


Business Recorder

Yen falls after foreign bond move floated
Financial Times
The Japanese yen hit its weakest level in more than a week after Japan's opposition leader and frontrunner to become the next prime minister suggested the Bank of Japan could consider buying foreign bonds as part of its monetary easing programme.
Euro Touches 1-Month High as Germany Approves Greek DealBusinessweek
Euro briefly trades at $1.30MarketWatch

all 312 news articles »

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Hedge Funds May Hold Back Greek Bond Plan, Nomura Says


New York Times (blog)

Hedge Funds May Hold Back Greek Bond Plan, Nomura Says
Bloomberg
Greece's efforts to reduce indebtedness by repurchasing its own bonds won't be a “resounding success” because hedge funds that hold as much as 22 billion euros ($28.6 billion) of debt lack incentives to participate, according to analysts at Nomura ...
UPDATE 1-Greek buyback looks destined to succeedReuters
Hedge Funds, Expecting a Bigger Buyback, Snap Up Greek DebtNew York Times (blog)
In the End, Greek Crisis Will Hit TaxpayersWall Street Journal
Forbes -Quartz -Irish Examiner
all 48 news articles »

READ THE ORIGINAL POST AT www.bloomberg.com