Greek government faces split on austerity vote The Associated Press Greek government faces split on austerity vote. (AP) – 2 minutes ago. ATHENS, Greece (AP) — A junior partner in Greece's coalition government says it won't vote for labor reforms that are part of a major new austerity package due in parliament next week. |
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Thursday, October 25, 2012
Greek government faces split on austerity vote
A Greek island's secrets to long life, in 11 bullet points
Village Voice | A Greek island's secrets to long life, in 11 bullet points Washington Post (blog) Natives of the Greek island Ikaria have remarkably long life-spans. On average, they live an astounding 8 to 10 years longer than Americans, are 2.5 times as likely to survive to 90, and are less likely to develop Alzheimer's. The New York Times ... Given Enough Islands, People Will Be Freakishly Long-Lived On One Of Them |
A Greek island’s secrets to long life, in 11 bullet points
Natives of the Greek island Ikaria have remarkably long life-spans. On average, they live an astounding 8 to 10 years longer than Americans, are 2.5 times as likely to survive to 90, and are less likely to develop Alzheimer’s. The New York Times Magazine this week published author Dan Buettner’s research with the National Geographic Society on why that might be so.
Read full article >>3 hurt in Greece clashes between rival supporters, at Panathinaikos vs Lazio ...
Winnipeg Free Press | 3 hurt in Greece clashes between rival supporters, at Panathinaikos vs Lazio ... Washington Post ATHENS, Greece — Three people were hurt and four detained on Thursday after several hundred fans were involved in clashes at a Europa League match between Panathinaikos and Lazio. The clashes occurred outside Athens' Olympic Stadium, both ... 3 hurt in Greece clashes before match |
German Bunds Fall as Greece, Portugal Progress Damps Safety Bid
The West Australian | German Bunds Fall as Greece, Portugal Progress Damps Safety Bid Bloomberg German government bonds declined, pushing 10-year yields to the highest level in five weeks, as speculation Greece will get additional funding damped demand for the region's safest assets. Bunds dropped for the first time in three days after the ... German Bunds Fall as Optimism on Greece, Portugal Saps Haven Bid Euro zone strugglers face tougher 2013 than thought - Reuters poll |
Greek Bank Lending Continues to Fall in September
Greek Bank Lending Continues to Fall in September Wall Street Journal ATHENS--Net lending to Greek businesses and households in September shrank 4.5% on the year, as demand for bank loans continued to slide, data released by the Bank of Greece Thursday show. The decline was slightly smaller than the 4.8% drop ... |
Given Enough Islands, People Will Be Freakishly Long-Lived On One Of Them
Given Enough Islands, People Will Be Freakishly Long-Lived On One Of Them Slate Magazine (blog) I really enjoyed Dan Buettner's New York Times Magazine article about the Greek island of Ikaria where people seem freakishly long-lived. But I did have a substantial doubt about it inspired by having recently read and reviewed Nate Silver's book The ... |
Greek Bank Deposits Rise In September as Confidence Improves
Business Recorder | Greek Bank Deposits Rise In September as Confidence Improves Wall Street Journal ATHENS--Greek bank deposits rose slightly in September, by 0.6% from the previous month, after a small decline in August as greater political stability helped to underpin confidence in the sector. The Greek central bank said Thursday total deposits ... Deposits in Greek, Spanish banks rise in September: ECB |
Greek Orthodox priest abducted in Syria is found dead
Greek Orthodox priest abducted in Syria is found dead Los Angeles Times BEIRUT -- A Greek Orthodox priest has been found slain after being kidnapped near the Syrian capital of Damascus, the Syrian government and the Vatican news service reported Thursday. The body of the Rev. Fadi Jamil Haddad, pastor of St. Elias Church ... |
Germany’s federal states: Givers and takers
AS THEY do about once a decade, the Germans are again fighting over their domestic “transfer union,” in which tax revenues are redistributed among the 16 federal Länder (states). But this time the euro crisis provides a new twist, for the currency zone’s southern countries are of late demanding “solidarity” from Germany in a form that sounds suspiciously like an even bigger transfer union. Hence the parallel in German minds: some states are makers, others are takers. The dynamic and fiscally responsible Bavaria, in this analogy, plays the role of Germany, backed by other good budgeters such as Hesse and Baden-Württemberg (Finland and the Netherlands, say). The city state of Berlin (“poor but sexy”, as its mayor has described it) becomes a “German Greece”, alongside other weaklings such as Thuringia or Bremen (Portugal or Spain).Germany’s system of financial equalisation is “socialism among states”, says Christian Kelders of the economics ministry of Bavaria, which pays half of the total transfers of €7.3 billion ($9.5 billion) a year. It leads to “perverse incentives” by punishing Länder that raise more tax revenues and rewarding those that collect less, agrees Luise Hölscher of the finance ministry of Hesse, which gives the most per person. On October 23rd the centre-right Christian Democratic Union (CDU) and its Bavarian...
Greece's Aegean Airlines says Olympic buy a necessity
CAPA - Centre for Aviation | Greece's Aegean Airlines says Olympic buy a necessity Reuters Aegean says deal needed to cope with market deterioration. * Expects to post losses in 2012. * Wants regulatory assessment soon as pressures mount. By George Georgiopoulos. ATHENS, Oct 25 (Reuters) - Aegean Airlines' move to cut costs by teaming up ... Greece's Aegean Airlines and Olympic Air try once again to combine forces |
Greek FinMin:Leftist Partner's Reform Refusal is Hurdle to Austerity Deal
Business Insider | Greek FinMin:Leftist Partner's Reform Refusal is Hurdle to Austerity Deal Wall Street Journal ATHENS--Greek Finance Minister Yannis Stournaras said the country's government will present a multi-billion-euro budget cutting plan to euro-zone officials Thursday and that despite its junior coalition partner's refusal to back any labor reforms, it ... Greek Finance Minister Admits He Didn't Secure A Debt Repayment Extension Confusion surrounding Greek bailout deal grows Greek Bonds Erase Drop on Deficit Comments as Spain's Bonds Rise |
Greek bank deposits rise 0.6 percent in September: central bank
Greek bank deposits rise 0.6 percent in September: central bank Reuters A shrinking deposit base, partly caused by capital flight, has added to the strains on Greek banks, which depend on central bank funding for their liquidity needs as access to wholesale funding markets remains shut on sovereign debt concerns. In 2011 ... |
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Banks look to strengthen hand in sovereign restructurings
Banks look to strengthen hand in sovereign restructurings Reuters LONDON, Oct 25 (IFR) - The world's biggest banks are drawing up tactics to strengthen their hand in future sovereign debt restructurings, as they seek to avoid another situation similar to the Greek debt talks, when government pushed them into ... Private lenders criticise Greek debt talks IIF Dallara: Not In Favor Of Greek Debt Buy-Back, No Talks |
Greece fights eternal battle against tax evasion
Deposits in Greek, Spanish banks rise in September: ECB
Irish Independent | Deposits in Greek, Spanish banks rise in September: ECB Reuters FRANKFURT (Reuters) - Consumers and firms put money back into Spanish and Greek banks in September, European Central Bank data showed, ending a run of declines driven by concerns about both countries' finances. Private-sector deposits at Spanish ... Draghi says not aware of any Greek bailout decision |
Greece ally's opposition holding up austerity deal
AFP | Greece ally's opposition holding up austerity deal Reuters ATHENS (Reuters) - A long-awaited deal on Greece's latest austerity package is being held up solely by a coalition ally's refusal to back labor reforms, the country's finance minister said on Thursday. Greece's government has been locked in talks ... Greece Reaches Agreement With International Lenders Confusion Reigns Over Greece Bailout Extension Greece says it has been given more time on austerity |
Coca-Cola Exit May Speed Greece's Cut to Emerging Market
Coca-Cola Exit May Speed Greece's Cut to Emerging Market Businessweek The index provider put Greece's stock market under review for downgrade from developed status on June 20 and will make a final decision as part of its annual reclassification in June next year. The MSCI Greece Index (MXGR) consists of just two ... |
Turks and Greeks come together over music
Turks and Greeks come together over music Southeast European Times Musicians from Turkey and Greece are employing their craft to heal wounds lingering from political disputes between the two nations. Eleni Karaindrou, a renowned Greek musician, performed with Turkish composer Ender Sakpinar and his orchestra at an ... |
Greek Democratic Left: Yes on austerity, no on labor reforms
Greek Democratic Left: Yes on austerity, no on labor reforms ForexLive (blog) Greek Democratic Left: Yes on austerity, no on labor reforms. By Jamie Coleman || October 25, 2012 at 12:24 GMT. || 0 comments || Add comment. The Greek drama continues. The Deomcratic Left, part of the coalition leading Greece, says it cannot vote for ... |
UPDATE 1-Deposits in Greek, Spanish banks rise in Sept -ECB
UPDATE 1-Deposits in Greek, Spanish banks rise in Sept -ECB Reuters FRANKFURT Oct 25 (Reuters) - Consumers and firms put money back into Spanish and Greek banks in September, European Central Bank data showed, ending a run of declines driven by concerns about both countries' finances. Private-sector deposits at ... |