Enjoy some amazing Greek food right at your dinner table with these delicious Greek Food Recipes and Appetizers! Do you love Greek food? I sure do! It’s just so fresh and full of amazing flavor. The Tzatziki Sauce, Feta Cheese, Marinated Chicken ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Wednesday, May 31, 2017
What's behind the German trade surplus angering Trump?
Trump tweeted Tuesday that we have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on NATO & military. Germany's export success also depends on less glamorous goods, often highly technical industrial equipment made by smaller firms that dominate global niche markets. Despite concerns about the surplus there are benefits to both countries from their close and longstanding business ties. The BMW plant in Spartanburg, South Carolina, was in fact the largest single auto exporter, sending $9.5 billion in SUVs through the Port of Charleston to the rest of the world. The ECB has printed more than 1.8 trillion euros and pumped them into the financial system to lift inflation and growth as the eurozone heals from the Great Recession and troubles over too much debt in countries such as Greece. Countries that run large trade surpluses often see their currencies gain in value, making their goods more expensive for foreigners and eventually reducing the surplus. Ironically, Germans — including the two that sit on the 25-member ECB governing council — have been among the leading critics of ECB stimulus, saying it bails out countries with weak finances and lots of debt through lower borrowing costs. The government chooses to run budget surpluses rather than spend that money or cut taxes. In 2003-4, the previous government of Chancellor Gerhard Schroeder shook up the country's welfare state, cutting long-term unemployment benefits, loosening rules on firing workers and on part-time and temporary work. [...] German wages increases have lagged, making the country more competitive on exports but reducing consumer demand for goods. Former Federal Reserve Chairman Ben Bernanke wrote in 2015 that Germany's trade surplus "is a problem" since government policy leads to less spending by Germans, in a region that needs all the growth it can get. Germany could also improve domestic demand by reducing red tape and regulation on professions like lawyers, accountants, architects, and engineers.
Some 70 pct nonsmokers in Greece exposed to secondhand smoke: survey
ATHENS, May 31 (Xinhua) -- Seven out of ten nonsmokers in Greece are exposed to secondhand smoke in public spaces, according to a survey by the Hellenic Thoracic Society (HTS) on the occasion of the World No Tobacco Day Wednesday. Although a law against ...
Historic guitarist’s move to Greece signals an era’s end in Oklahoma City’s eclectic music scene
Miho Kolliopoulous speaks to Oklahoma Gazette in his Oklahoma home. His his belongings packed into moving boxes. He’s preparing to return to Greece following Trio’s farewell show Friday at VZD’s Restaurant & Bar. (Garett Fisbeck) Remnants of one of ...
Antetokounmpo: Thanks to Everyone Who Doubted My Greek Identity
ATHENS (ANA) – #WeAreAllBros! is the hashtag chosen for the Antetokounmpos Event to be held on June 16 in Thessaloniki and on June 25 in […] The post Antetokounmpo: Thanks to Everyone Who Doubted My Greek Identity appeared first on The National Herald.
BoG Governor Stournaras: Debt Settlement a Prerequisite for Recovery
Bank of Greece governor Yiannis Stournaras underlined the significant progress of the Greek economy since 2010 and the correction of the imbalances. Stournaras was addressing on Wednesday an Economist conference held in Frankfurt. “It is a unique progress without precedent in Europe and OECD,” he said noting however, that many things remain to be done […]
Morris dancer who had sex with a girl aged 12 is jailed
Clive Royales, 50, of Oldham, Greater Manchester, had been on secret dates with the girl over two years - during which he promised to start a new life with her on a boat moored off Greece.
