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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

Wednesday, December 19, 2012

Hedge fund's Greek windfall

One of the world's most prominent hedge funds is sitting on a $500m profit after making a bet that Greece would not be forced to leave the eurozone, bucking the trend in a difficult year for the industry.

READ THE ORIGINAL POST AT edition.cnn.com

State suspensions, salary cuts trigger strike in Greece


State suspensions, salary cuts trigger strike in Greece
Washington Post
ATHENS, Greece — Civil servants in Greece are on a 24-hour strike against new austerity measures that will see more pay cuts next year as well as a rare round of job cuts. Wednesday's strike led to public transport stoppages in Athens, while public ...


READ THE ORIGINAL POST AT www.washingtonpost.com

State suspensions trigger Greek strike

ATHENS, Greece (AP) — Civil servants in Greece are on a 24-hour strike against new austerity measures that will see more pay cuts next year as well as a rare round of job cuts.

READ THE ORIGINAL POST AT hosted2.ap.org

Greek Upgrade Could Mean a More Diverse 2013


Greek Upgrade Could Mean a More Diverse 2013 - WSJ.com
Wall Street Journal
For the euro zone's guardians, 2012 is ending in a fashion they could scarcely have hoped for when it began. Back then, talk of a euro breakup was perhaps more mainstream that it had ever been. Once the preserve of Anglo-Saxon curmudgeons and ...


READ THE ORIGINAL POST AT online.wsj.com

Credit Rating Upgrade Is Good News For Greece


Credit Rating Upgrade Is Good News For Greece
NPR
A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at ...


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European Stocks Climb After S&P Upgrades Greece


BBC News

European Stocks Climb After S&P Upgrades Greece
Businessweek
European (SXXP) stocks climbed, with the Stoxx Europe 600 Index rising for a second day, as Standard & Poor's raised Greece's credit rating and investors awaited economic reports from the U.S. and Germany. U.S. index futures were little changed, while ...
S&P Lifts Rating on Greece to 18-Month High - WSJ.comWall Street Journal
Standard & Poor's hikes Greece's credit ratingUSA TODAY
S&P raises Greece's credit ratingBBC News
Telegraph.co.uk -RT -CNN
all 376 news articles »

READ THE ORIGINAL POST AT www.businessweek.com

Greek Jobless Rate Seen Near 32% in 2014


Greek Jobless Rate Seen Near 32% in 2014
Greek Reporter
Jobless Even as Greek Prime Minister Antonis Samaras has said he has saved Greece from bankruptcy and ruination by securing more loans from international lenders, the attached austerity measures are so devastating to society that they will raise ...

and more »

READ THE ORIGINAL POST AT greece.greekreporter.com