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Sunday, November 18, 2012

World week ahead: Greece, Spain and the fiscal cliff


World week ahead: Greece, Spain and the fiscal cliff
National Business Review
The focus remains squarely on mountains of debt, profits and the fiscal cliff this week. The new normal is in danger of becoming repetitive as the key themes continue to revolve around the questions of when Greece will get more financial aid, when ...

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Currency Market Focuses on 'Fiscal Cliff', Greece


Currency Market Focuses on 'Fiscal Cliff', Greece
Wall Street Journal
"There are indications that a decision on financing on Greece will be made and this will put the uncertainty on the Greek situation behind us," said Nick Bennenbroek, head of currency strategy at Wells Fargo in New York. "The euro would see a mild ...

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ECB's Asmussen sees Greek aid deal covering 2 years

BERLIN (Reuters) - European Central Bank policymaker Joerg Asmussen said on Sunday the euro zone should agree next week on two years of funding for Greece and leave further help to be decided later, a view likely to irk the IMF, which wants a permanent solution. "We should next week settle the financing for the years 2013 and 2014, but you have to be honest and say we do not really expect the country to have access to markets in 2015 and 2016; that means a follow-up programme would be necessary," Asmussen told German broadcaster ZDF. ...

READ THE ORIGINAL POST AT news.yahoo.com

Greece Odyssey girls win state soccer title


Greece Odyssey girls win state soccer title
Rochester Democrat and Chronicle
CORTLAND – When the Class B soccer final was over at SUNY Cortland, Greece Odyssey soccer coach Nino Pilato turned to his players, who were huddled on the field for the last time this season. He opened his arms wide and said: “Ladies, we did it!” ...

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European Finance Chiefs Seek to Close Greek Gap Amid IMF Spat


San Francisco Chronicle

European Finance Chiefs Seek to Close Greek Gap Amid IMF Spat
Bloomberg
European finance ministers aim to stitch together Greece's next aid payment this week as a sputtering euro-area economy and a spat with the International Monetary Fund cloud efforts to resolve the debt crisis. The finance chiefs are meeting Nov.
ECB's Asmussen sees Greek aid deal covering two yearsFox Business
ECB's Asmussen says Greece to need aid beyond 2014The Associated Press
Euro zone, IMF make progress on Greece: JunckerReuters
Wall Street Journal -Telegraph.co.uk -Reuters India
all 443 news articles »

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Greece Issues Blasphemy Charges For Gay Jesus Play


Greece Issues Blasphemy Charges For Gay Jesus Play
Advocate.com
Actors and a producer in Greece have been charged with blasphemy for staging an American play that depicts Jesus and his apostles as gay. The production of Corpus Christi was cancelled in Athens earlier this month after priests and right-wing groups ...

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ECB board member Asmussen says Greece will need help beyond loan program ending 2014

BERLIN - Greece will need yet more international financial assistance beyond the agreed bailout programs through 2014, a European Central Bank board member said Sunday.

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ECB's Asmussen says Greece to need aid beyond 2014


Telegraph.co.uk

ECB's Asmussen says Greece to need aid beyond 2014
Boston.com
BERLIN (AP) — Greece will need yet more international financial assistance beyond the agreed bailout programs through 2014, a European Central Bank board member said Sunday. The government in Athens probably won't be able to return to finance its ...
Merkel's day of reckoning as taxpayer haircut on Greece loomsTelegraph.co.uk
IMF urges permanent solution for GreeceFinancial Times
Euro zone, IMF make progress on Greece: JunckerReuters
Businessweek
all 396 news articles »

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ECB's Asmussen: Greece to need aid beyond 2014

FILE - In this Nov. 14, 2011 file photo, Joerg Asmussen, European Central Bank board member, attends a news conference in Frankfurt, Germany. The European Central Bank board member says Greece will need international assistance beyond the agreed bailout programs through 2014. Asmussen told German public broadcaster ZDF on Sunday, Nov. 18, 2012 that Athens probably won’t be able to return to finance its debt on financial markets in 2015 and 2016, thus requiring a third assistance program. (AP Photo/ Mario Vedder, File)Greece will need yet more international financial assistance beyond the agreed bailout programs through 2014, a European Central Bank board member said Sunday.



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Beyond the taverna: Greece's improving wine is a revelation to those used to ...


Greek Reporter

Beyond the taverna: Greece's improving wine is a revelation to those used to ...
Scotsman
Agiorgitiko and xynomavro are Greece's most planted and most popular red grapes. The former is usually found in the Peloponnese south of Athens – best in Nemea – quite similar in style to a ripe chianti. The latter has a more fragrant aroma, but with a ...
A Guide to Greek Drinks and DrinkingGreek Reporter

all 2 news articles »

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ECB's Asmussen sees Greek aid deal covering two years


Firstpost

ECB's Asmussen sees Greek aid deal covering two years
Reuters
A two-year deal would postpone a longer-term solution to the Greek debt crisis until after a September 2013 German general election, when it might be politically easier for Germany, the EU's paymaster, to take tough decisions. The International ...
Lagarde says Greek program should be "rooted in reality"Chicago Tribune
Padraic Cradoc: Meaningless verbiage is a load of old gobbledygreekIrish Independent
ECB'S Asmussen – more Greek aid likely needed after 2013-14 dealFirstpost
Seeking Alpha -Party for Socialism and Liberation
all 338 news articles »

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Merkel's day of reckoning as taxpayer haircut on Greece looms


Telegraph.co.uk

Merkel's day of reckoning as taxpayer haircut on Greece looms
Telegraph.co.uk
They have lent money, at a theoretical profit. They have issued a fistful of guarantees to Europe's twin bail-out funds, covering Greece, Ireland, Portugal, Spain, and soon Cyprus. They have taken on opaque and potentially huge liabilities through the ...
IMF urges permanent solution for GreeceFinancial Times
Euro zone, IMF make progress on Greece: JunckerReuters
Lagarde to Defend IMF Credibility in Euro-Area Talks on GreeceBusinessweek
Globe and Mail
all 331 news articles »

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A Guide to Greek Drinks and Drinking


Greek Reporter

A Guide to Greek Drinks and Drinking
Greek Reporter
Tsipouro is a Greek traditional distillation product from the pomace of grapes (the residue of the wine press) particularly brewed in Thessaly (Tsipouro Tyrnavou,) Epirus, Macedonia, Mani Peninsula and the island of Crete, where Cretans call it tsikoudia.


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ECB'S Asmussen: more Greek aid likely needed after 2013-14 deal

BERLIN (Reuters) - European Central Bank policymaker Joerg Asmussen told German television on Sunday that Greece would probably need a follow-up program for the years following 2014 after the euro zone next week agrees on funding for Greece for the next couple of years.







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Insight: Facing austerity, Europe's bureaucrats chafe

BRUSSELS (Reuters) - Workers protesting austerity on the streets of southern Europe weren't to know it, but earlier this month there was also a strike at the heart of the European Union - by bureaucrats fighting possible cuts. For an increasing number of Europeans, cuts in Brussels are what is needed. The European capital has told member states to reduce spending, but as millions in Spain, Portugal and Greece feel the pain in pay, pensions, and social services, people are looking to the centre and finding what looks like fat. Britain has led the way. Newspapers there have for decades carped at cosy 'eurocrats', as they call Europe's civil servants. Prime Minister David Cameron need only...

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Across Greece, protest marked


Philadelphia Inquirer

Across Greece, protest marked
Philadelphia Inquirer
In Thessaloniki, Greece , demonstrators link arms and chant while commemorating the student uprisingof 1973. About 12,000 people took part Saturday, city police said. NIKOLAS GIAKOUMIDIS / Associated Press ...
US embassy in Greece warns of rise in 'unprovoked' violent attacks on ...National Post
Americans warned of attacks in Greece Citizens most at risk are those of ...Arab Times Kuwait English Daily
Swastika and fascist salutes: Rise of neo-Nazis in austerity-ravaged Greeceallvoices
Bikya Masr -Press TV
all 565 news articles »

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Greek crisis spurs new film avant-garde


Times LIVE

Greek crisis spurs new film avant-garde
Times LIVE
"Over the last three years, Greek cinema is taking a very interesting path with very low budgets and mainly independently produced films with a very small participation of the Greek Film Centre," said Eleni Androutsopoulou, programme coordinator for ...


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IMF urges permanent solution for Greece


Moneycontrol.com

IMF urges permanent solution for Greece
Financial Times
MANILA, November 18 – An agreement among Greece's creditors on how to reduce its large debt pile should be “rooted in reality and not in wishful thinking,” the head of the International Monetary Fund said as she heads into a tense meeting with European ...
Euro zone, IMF make progress on Greece: JunckerReuters
Lagarde to Defend IMF Credibility in Euro-Area Talks on GreeceBusinessweek
If Greece were a company, 'it would have been wound up'Globe and Mail
Las Cruces Sun-News -Tribune-Review
all 110 news articles »

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Bust-up points the way to better deal on bank debt


Moneycontrol.com

Bust-up points the way to better deal on bank debt
Irish Independent
THE clash between IMF boss Christine Lagarde and Jean-Claude Juncker, the head of the eurozone group of finance ministers, on Greece may point the path to a better-than-expected deal on Irish bank-related debt. Last week, we were treated to the ...
Euro zone, IMF make progress on Greece: JunckerReuters
Lagarde says Greek program should be "rooted in reality"Reuters UK
IMF'S Lagarde says Greek deal should be 'rooted in reality'Reuters India
Globe and Mail
all 110 news articles »

READ THE ORIGINAL POST AT www.independent.ie