BBC News | Euro Zone Officials Give Greece Additional $2.8 Billion in Loans New York Times ATHENS — Euro zone officials on Monday approved the release of €2.8 billion in loans to Greece, the country's Finance Ministry said, paving the way for the approval of an additional €6 billion installment of aid at a meeting of the currency union's ... Greece to cut 15000 jobs for bailout Greece set to cut 'bloated' public sector Greece passes law to fire civil servants |
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Monday, April 29, 2013
Euro Zone Officials Give Greece Additional $2.8 Billion in Loans
Dannon Introduces New Activia Greek
Dannon Introduces New Activia Greek - Marketwire Marketwire (press release) Now, another great one is joining the ranks just in time for National Yogurt Month, NEW Activia Greek. Yogurt lovers can finally rejoice as one delicious yogurt has everything they love about Greek yogurt -- the creamy, thick texture -- plus the ... |
Austerity kills, economists warn
New book points to devastating effects on health in Europe and US of government cuts
George Osborne, look away now: a new book claims it is seriously bad for our health, and that cutbacks have already had a devastating effect across Europe and North America. Pointing to soaring suicide rates, rising HIV infections and even a malaria outbreak, researchers argue that governments' austerity drives are costing lives.
In research that will be seized on by opposition politicians demanding the UK's coalition government waver in its relentless austerity push, the political economist David Stuckler and the physician-epidemiologist Sanjay Basu say they have shown such policies are "seriously bad for our health".
Furthermore, such human sacrifice is by no means the inevitable consequence of economic crises, they say, as they draw on a range of data, from the Great Depression of the 1930s to post-communist Russia and the current recessions in the UK, Europe and the US.
In The Body Economic: Why Austerity Kills, due out next month, they cite examples from recent history and longer ago of where government reaction to economic shocks has had a positive and negative impact on health.
The more heartening examples they use include Sweden, where the number of suicides fell during the country's recession, despite a large rise in unemployment. The authors attribute this to active labour-market programmes.
In Greece, however, HIV infection has risen by over 200% since 2011 as prevention budgets have been cut, and intravenous drug use has grown amid 50% youth unemployment. Greece also experienced its first malaria outbreak in decades after budget cuts to mosquito-spraying, the authors say.
Looking back further, they see frightening lessons from history as they argue that about 1 million deaths in eastern Europe during the 1990s "can be attributed to austerity and related government divestment programmes".
Publicising the book, David Stuckler says: "Austerity is having a devastating effect on health in Europe and North America. The harms we have found include HIV and malaria outbreaks, shortages of essential medicines, lost healthcare access, and an avoidable epidemic of alcohol abuse, depression and suicide, among others.
"Our politicians need to take into account the serious, and in some cases profound, health consequences of economic choices. But so far, Europe's leaders have been in denial of the evidence that austerity is costing lives."
The evidence Stuckler and Basu use from the UK includes a drop in National Health Service satisfaction rates that has coincided with cuts, as well as a jump in the number of families pushed into homelessness since the austerity drive started.
Basu said: "Ultimately, what we show is that worsening health is not an inevitable consequence of economic recessions; it's a political choice. Austerity is bad for your health. But there is another way. In this book, we show how a new New Deal could work to improve economies and our nations' health."
From reality TV to Greek tragedy? Kim K. supposedly miserable on family vacation
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Greece Votes In New Law To Axe 15000 Jobs
Greece Votes In New Law To Axe 15000 Jobs Sky News Greece's notoriously bloated civil service is set for a major shake-up as jobs-for-life are cut, with thousands facing dismissal. 10:23am UK, Monday 29 April 2013. Protestors In Athens, Greece, Take Part In Public Sector Strike And Chant Slogans ... |
PAOK fires coach Donis after Greek Cup loss
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Euro-Zone Officials Unlock Greece Aid Tranche
IVCPOST | Euro-Zone Officials Unlock Greece Aid Tranche Fox Business Dow Jones Newswires. Greece has been given the green light for the disbursement of its next 2.8 billion euro ($3.65 billion) aid installment by euro-zone finance ministry officials, Greece's finance ministry announced Monday. "[Monday's] meeting of the ... Euro Working Group approves release of 2.8-bln-euro loan tranche for Greece Eurozone expected to release next tranche for Greece on Monday EU Releases March's E2.8 Billion Loan Tranche To Greece |
Shareholders of Greece's National Bank approve recap plan
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Greek named vice president of Basin Electric
Greek named vice president of Basin Electric Williston Daily Herald Basin Electric CEO and General Manager Andrew M. Serri is pleased to announce the selection of Matt Greek as senior vice president of generation. Greek will assume his responsibilities May 13. Greek comes to Basin Electric from Sunflower Electric in ... |
Kim & Khloe Kardashian Miserable In Greece After Being Forced On Trip!
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NSU trial seats chosen via lottery system
Greek unions call for mass participation in May Day strike
Press TV | Greek unions call for mass participation in May Day strike Press TV The Greek Private Union (GSEE) and Civil Service Trade Confederation (ADEDY) issued a joint statement on Monday asking the country's workers to attend the 24-hour strike and anti-austerity protest in May Day. The unions said the move would focus on ... Greek parliament passes unpopular law to unlock more rescue loans Greek parliament approves draconian civil service job cuts Samaras Gets Backing for Greek Job Cuts Ahead of Loan Approval |
Two Dead as Cargo Ship Sinks After Collision Off Greece
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Bee-harming pesticides banned in Europe
EU member states vote ushers in continent-wide suspension of neonicotinoid pesticides
• Have your say: is the EU right to ban pesticides?
Europe will enforce the world's first continent-wide ban on widely used insecticides linked to serious harm in bees, after a European commission vote on Monday.
The landmark suspension is a victory for millions of environment campaigners concerned about dramatic declines in bees who were backed by experts at the European Food Safety Authority (EFSA). But it is a serious defeat for the chemical companies who make billions a year from the products and also UK ministers - who voted against the ban. Both had argued the ban will harm food production.
The vote by the 27 member states of the European Union to suspend the insect nerve agents was supported by 15 nations, but did not reach the required majority under EU voting rules. The hung vote hands the final decision to the European commission (EC) who will implement the ban. "It's done," said an EC source.
Tonio Borg, health and consumer commissioner, said: "Our proposal is based on a number of risks to bee health identified by the EFSA, [so] the European commission will go ahead with its plan in coming weeks. I pledge to do my utmost to ensure that our bees, which are so vital to our ecosystem and contribute over €22bn annually to European agriculture, are protected."
"This decision is a significant victory for common sense and our beleaguered bee populations," said Friends of the Earth's head of campaigns, Andrew Pendleton. "Restricting the use of these pesticides could be an historic milestone on the road to recovery for these crucial pollinators."
The UK, which abstained in previous vote, was heavily criticised for switching to a "no" vote on Monday. "So much for the precautionary principle," said Joan Walley MP, chair of parliament's green watchdog, the environmental audit committee, whose investigation had backed a ban and accused ministers of "extraordinary complacency". She said today's vote was a real step in the right direction but added: "A full Commons debate where ministers can be held to account is more pressing than ever."
Greenpeace's chief scientist, Doug Parr, said: "By not supporting the ban, environment secretary, Owen Paterson, has exposed the UK government as being in the pocket of big chemical companies and the industrial farming lobby." On Sunday, the Observer revealed the intense secret lobbying by Paterson and Syngenta.
But a spokesman for Syngenta, which makes one of the three neonicotinoids that have been suspended, said: "The proposal is based on poor science and ignores a wealth of evidence from the field that these pesticides do not damage the health of bees. The EC should [instead] address the real reasons for bee health decline: disease, viruses and loss of habitat."
Bees and other insects are vital for global food production as they pollinate three-quarters of all crops. The plummeting numbers of pollinators in recent years has been blamed on disease, loss of habitat and, increasingly, the near ubiquitous use of neonicotinoid pesticides. A series of high-profile scientific studies has linked neonicotinoids - the world's most widely used insecticides - to huge losses in the number of queens produced and big increases in "disappeared" bees, those that fail to return from foraging trips.
The EC proposed the suspension after the European Food Safety Authority concluded in January that three neonicotinoids - thiamethoxam, clothianidin and imidacloprid - posed an unnacceptable risk to bees. The three will be banned from use for two years on flowering crops such as corn, oil seed rape and sunflowers, upon which bees feed.
"Bayer remains convinced neonicotinoids are safe for bees, when used responsibly and properly," said a spokesman for Bayer Cropscience. "As a science-based company, Bayer is disappointed that clear scientific evidence has taken a back-seat in the decision making process."
Prof Simon Potts, a bee expert at the University of Reading, said: "The ban is excellent news for pollinators. The weight of evidence from researchers clearly points to the need to have a phased ban of neonicotinoids. There are several alternatives to using neonicotinoids and famers will benefit from healthy pollinator populations as they provide substantial economic benefits to crop pollination."
Lynn Dicks, at the University of Cambridge, said: "This is a victory for the precautionary principle, which is supposed to underlie environmental regulation."
Neonicotinoids have been widely used for more than decade and are less harmful that some of the sprays they replaced, but scientific studies have increasingly linked them to poor bee health. Many observers, including the National Farmers' Union, accept that EU regulation is inadequate, as it only tests on honeybees and not the wild pollinators that service 90% of plants. The regulatory testing also only considers short term effects and does not consider the combined effects of multiple pesticides.
The chemical industry has warned that a ban on neonicotinoids would lead to the return of older, more harmful pesticides and crop losses. But campaigners point out that this has not happened during temporary suspensions in France, Italy and Germany and that the use of natural pest predators and crop rotation can tackle problems.
"It is imperative that any alternative chemicals to be used in their place must first pass the same tests failed by the neonicotinoids," said Dr Christopher Connolly, a bee expert at the University of Dundee. "The recent findings have highlighted an urgent need for more rigorous safety testing protocols."
In Brussels, the countries that voted against the ban were: the UK, Czech Republic, Italy, Hungary, Romania, Slovakia, Austria and Portugal. Ireland, Lithuania, Finland and Greece abstained. Belgium, Bulgaria, Denmark, Estonia, Spain, France, Cyprus, Germany, Latvia, Luxembourg, Malta, the Netherlands, Poland, Slovenia and Sweden voted in favour.
Greek Companies Dip Back Into Bond Market
Wall Street Journal | Greek Companies Dip Back Into Bond Market Wall Street Journal The Greek economy is still struggling, but with loans hard to find, companies are taking advantage of investor demand for yield by issuing new bonds. Since the collapse of the Greek economy starting in 2010, and the government debt restructuring in ... Hellenic Petroleum Selling Debut Bond as Frigoglass Hires Banks |
Kim Kardashian Wears Tight Red Dress, Family Goes Horseback Riding in Greece
Us Magazine | Kim Kardashian Wears Tight Red Dress, Family Goes Horseback Riding in Greece Us Magazine The famous sisters arrived in Greece on Thursday with most of their family: Sister Khloe Kardashian, half-siblings Brody, Kendall and Kylie Jenner, parents Bruce and Kris Jenner, Kourtney's love Scott Disick and their kids Mason and Penelope. (The ... Kim Kardashian 'miserable in Greece without Kanye' Kim And Khloé Miserable In Greece! Kardashian Sisters 'Forced' To Go On ... Kim Kardashian Shows Pregnancy Curves In Sexy Red Dress |