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How the world sees Greece
Sunday, January 26, 2014
Strong Earthquake Rocks Western Greece, Injuries Reported
euronewsStrong Earthquake Rocks Western Greece, Injuries ReportedThe Weather ChannelA strong earthquake rocked western Greece Sunday. According to the Associated Press, shaking from the quake damaged buildings and left several with injuries on the island of Kefalonia some 175 miles west of Athens. According to the U.S. Geological ...Greece: Strong earthquake hits Kefalonia islandeuronewsStrong Earthquake in Western Greece (Cephalonia) – Felt in AthensGreek Reporterall 81 news articles »
Quake rocks Greek Island
A strong earthquake with a preliminary 5.8-magnitude has hit the Greek island of Kefalonia, injuring locals and damaging buildings and roads. The tremor's epicentre was about 280 kilometres west of Athens, near the town of Lixouri on the island ...
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Ukraine: Greek Catholic Bishop denounces violence against protestors
Bishop Borys Gudziak, Eparch of the Ukrainian Greek Catholic Eparchy of Paris ... break the bonds of the past and the bonds of fear and subjugation by declaring the God-given dignity of every human being.Events in the last few months and days have been ...
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Terrorists blamed for series of bank robberies in Greece
ATHENS, Greece, Jan. 26 (UPI) -- Greek leftist groups have netted an estimated 10 million euros ($13.7 million) in bank robberies over the years, police said.
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Kelly Davis gets some tips on Greek cooking
Kelly Davis gets some tips on Greek cookingWDRBKelly Davis gets some tips on Greek cooking. Posted: Sunday, January 26, 2014 6:50 AM EST. Updated: Sunday, January 26, 2014 11:49 AM EST. Most Popular StoriesMost Popular StoriesMore>> · Kristine Pierson's mother makes plea for answers in ...and more »
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Tripadvisor: Top Ten Hotels in Greece
Tripadvisor: Top Ten Hotels in GreeceGreek ReporterMykonos Grand Hotel Resort Tripadvisor, a leading tourist website, announced the best hotels around the world based on the votes of its users. Specifically, users rate the hotels for their: a) sleep quality b) location c) rooms d) service e) value and ...
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Greece faces new black hole in finances amid rising tensions with creditors
The GuardianGreece faces new black hole in finances amid rising tensions with creditorsThe GuardianThe Greek economy minister Yannis Stournaras was steeling himself for a dressing down - even though he is chairing the session in Greece's capacity as current EU president - amid evidence of spiralling tensions between the debt-crippled nation and its ...
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Greek island hit by 5.8-magnitude earthquake; damage reported, minor injuries reported
ATHENS, Greece - A strong earthquake with a preliminary 5.8-magnitude hit the Greek island of Kefalonia on Sunday, with local media reporting minor injuries to some residents and damage to buildings and roads.
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5.8 quake hits Greek island; minor injuries
ATHENS, Greece (AP) — A strong earthquake with a preliminary 5.8-magnitude hit the Greek island of Kefalonia on Saturday, with local media reporting minor injuries to some residents and damage to buildings and roads.
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Greek Pensioners Sue For Lump Sum Payments
Greek Pensioners Sue For Lump Sum PaymentsGreek ReporterGreek civil servants, upset that the country's highest court has ruled that military pay cuts imposed as part of austerity measures affecting the public sector across-the-board were unconstitutional and must be repaid, are suing to get back lump sum ...
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Greek Crisis: Unwanted Toddlers, Child Beggars
Greek ReporterGreek Crisis: Unwanted Toddlers, Child BeggarsGreek ReporterToddlers abandoned in nurseries, children who are exploited for their labor even by their own families and especially, the absence of a coordinated national plan as well as adequate public infrastructure, portray a bleak image of the Greek financial ...
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Greek island of Kefalonia hit by 5.8-magnitude earthquake; damage reported, no casualties
ATHENS, Greece - A very strong earthquake of a preliminary 5.8-magnitude has hit the Greek island of Kefalonia. The Athens Geodynamic Institute said the 3:55 p.m. temblor had its epicenter 279 kilometres (173 miles) west of Athens, near the town ...
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Greece: Strong earthquake hits Kefalonia island
A strong earthquake rocked the island of Kefalonia (Cephalonia) in western Greece on Sunday but there were no immediate reports of casualties or serious damage, police and fire brigade officials said. The 5.8 magnitude quake struck at 3:55 p.m ...
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5.8-Magnitude Quake Hits Greek Island
www.worldbulletin.net5.8-Magnitude Quake Hits Greek IslandABC NewsA very strong earthquake of a preliminary 5.8-magnitude has hit the Greek island of Kefalonia. The Athens Geodynamic Institute said the 3:55 p.m. temblor had its epicenter 279 kilometers (173 miles) west of Athens, near the town of Lixouri on the ...Magnitude 6.0 quake shakes Greek islandUPI.com5.8 earthquake rocks the Greek IslandsCelebrityExaminer6.0-magnitude quake jolts western Greek islandShanghai Daily (subscription)all 14 news articles »
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Greek bankers embroiled in corruption scandal
The former chairman of the Hellenic Postbank stands accused of issuing dubious loans to befriended business partners under preferential terms. The bad deals are said to have cost the Greek people some 400 million euros. The full extent of the affair is ...
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Strong earthquake in Western Greece (Cephalonia)
Greek ReporterStrong earthquake in Western Greece (Cephalonia) - Felt in AthensEarthquake ReportStrong earthquake in Western Greece (Cephalonia) – Felt in Athens. Last update: January 26, 2014 at 2:30 pm by By Armand Vervaeck. Earthquake-report.com is a independent NGO website who only survives because of (mostly small) PRIVATE ...Strong Earthquake in Western Greece (Kefalonia) – Felt in AthensGreek ReporterStrong earthquake hits Cephalonia island in western GreeceThomson Reuters FoundationURGENT -- Strong earthquake hits Greek island, damage reportedWireUpdateall 4 news articles »
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Professions in Greece That Recovered From Recession
According to the Hellenic Statistic Authority (ELSTAT) and the Bank of Greece, 4 of 13 most essential sectors of the Greek economy have shown positive development after reeling 5 years of a deep and dramatic recession. In other words there are 4 professions that have managed to become productive. On the top of the list is […]
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Born In Debt: Greece’s History of Borrowing
“From the beginning, our state had no other choice than to live on credit. We were born in debt.” - Gerassimos Notaras, head archivist, historical archive, National Bank of Greece The debt history of Greece begins well before an official Greek state was created. The preparations for the Greek War of Independence saw two foreign […]
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Golden Dawn Spokesman Wants Athens Mayor’s Seat
Ilias Kasidiaris, the spokesman for Greece’s neo-Nazi Golden Dawn party, facing charges along with other party leaders of running a criminal gang, told supporters that he will run for Mayor of Athens next year despite the government’s vow to dismantle his party. If elected – and if not convicted and jailed – Kasidiaris said he […]
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Golden Dawn’s Kasidiaris Eyes Mayor’s Job
Although he's facing prosecution, the spokesman for the Golden Dawn far-right extremists, Ilias Kasidiaris, said he will run for Mayor of Athens next year.
The post Golden Dawn’s Kasidiaris Eyes Mayor’s Job appeared first on The National Herald.
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Local Greek chapters hand out backpacks to homeless
THV 11Local Greek chapters hand out backpacks to homelessTHV 11LITTLE ROCK, Ark. (KTHV) - Two local Greek organizations handed out backpacks to the homeless Saturday morning as the Chi Eta Omega chapter of Alpha Kappa Alpha and the Pi Lambda Chapter of Alpha Phi Alpha joined forces to give back to their ...Greek sorority, fraternity deliver backpacks to LR homelessArkansas Online (subscription)all 2 news articles »
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GREECE: RECESSION IS OVER, TOURISM IS GROWING
Improved performance of Greek tourism reflects the exit of the country from recession. "The worst is over; in 2014 Greece will recover, the turnaround has begun." These are the words with which the Greek Prime Minister Antonis Samaras gave voice to the ...
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Gerald Ensley: Our Greek community
Gerald Ensley: Our Greek communityTallahassee.comNewcomers to Tallahassee may not know there was a time when almost all Tallahassee restaurants were owned by Greeks. Even those here long enough to remember the Busy Bee, the Seven Seas and, of course, the F&T, may have forgotten that all those ...
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Greece honours filmmaker Angelopoulos
Athens, Jan 26 (IANS) Greece honours this week Theodoros Angelopoulos, one of its greatest filmmakers, with a series of special screenings of his plays -- two years after his death.
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Greek Marxist terrorist escapes from prison, says 'It's time for battle'
Raw StoryGreek Marxist terrorist escapes from prison, says 'It's time for battle'Raw StoryBakoyannis – whose first husband, a conservative MP, was gunned down by the 17 November organization in 1989 – was convinced, along with most Greek officials, that the scourge of terrorism had been eradicated with the disbandment of the guerrilla gang ...and more »
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Greek patient airlifted to Rome for liver transplant
A 50-year-old Greek suffering from liver failure was airlifted to Rome in an air force plane on Saturday in order to undergo a transplant.
The order for the transfer was given by Defense Minister Dimitris Avramopoulos while the cost of the flight was cove... ...
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Police seek Georgian woman in connection to Thessaloniki woman's death
Police in the Thessaloniki district of Toumba are looking for a 34-year-old Georgian national in connection to the death of a 95-year-old Greek woman in June last year.
Another three suspects – two women and a man, also Georgian – have been arrested.
Acco... ...
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Authorities investigate mercury lead in Xanthi
Authorities in Xanthi, northeastern Greece, were over the weekend investigating the provenance of a puddle of mercury that was found on a city center sidewalk on Friday, prompting the sealing off of the area.
Sources suggested the leak may have occurred n... ...
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Two agricultural co-ops being probed over use of EU funds
As part of a nationwide investigation into the suspected misappropriation of European Union subsidies, officers of the Financial Crimes Squad (SDOE) have traced two agricultural cooperatives in Epirus, northern Greece, believed to have pocketed 3.8 millio... ...
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Albanian fugitive caught and due for extradition to Greece
Albanian police on Saturday arrested Ilir Kupa, one of 11 Albanian convicts who escaped from Trikala Prison in northwestern Greece in March last year.
The 27-year-old had been named by Greek authorities as being one of four men involved in the death of a ... ...
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FinMin to face questions on progress as auditors mull Greek proposals
Finance Minister Yannis Stournaras is expected to face a barrage of questions from his eurozone counterparts at a summit in Brussels on Monday amid the slow implementation of reforms which has led troika officials to delay their scheduled return to Athens... ...
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Putting the message across
One senior government minister likes to say that all of Greece pretty much operates along the lines of a closed-shop profession. It is indeed quite shocking that after four years of reforms many sectors still enjoy significant privileges or preferential t... ...
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Greek sorority, fraternity deliver backpacks to LR homeless
Greek sorority, fraternity deliver backpacks to LR homelessArkansas Online (subscription)A Greek sorority and fraternity took to the streets in central Arkansas to deliver backpacks filled with food, toiletries and warm clothing to local homeless men and women on Saturday morning. About 75 to 80 people from the Chi Eta Omega chapter of ...and more »
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Two Greek Organizations Celebrate Service in the Wiregrass
Two Greek Organizations Celebrate Service in the WiregrassWTVY, DothanTwo Wiregrass Greek organizations have teamed up to celebrate and recognize service in the community. Phi Beta Sigma Fraternity Incorporated and Zeta Phi Beta Sorority Incorporated held a community luncheon Saturday afternoon at the Walton Park ...and more »
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Hungarian far right leader Gábor Vona vows to address rally in London
Anti-fascist protesters to attend speech of Vona whose Jobbik party is accused of fuelling hatred against Roma and Jews
The leader of an extreme Hungarian nationalist party has declared that the furore over his controversial visit to London on Sunday has made him even more determined to speak in Britain.
Gábor Vona, 35, whose party has been accused of strong antisemitic views, and of fuelling hatred against the Jewish and Roma communities, posted a diatribe on Facebook in which he said: "I wish to be there more than ever."
Vona's plans to speak at a rally at Holborn tube station, in central London, a day before Holocaust Memorial Day, have drawn condemnation and calls for him to be banned from entering the UK.
Fears are growing that his rally, allegedly organised to allow him to speak to Britain's 50,000 Hungarian expats before this year's election, could be a violent flashpoint, with members of Unite against Fascism expected to attend in protest.
Scotland Yard has made contact with Vona through his party's Facebook page to ask him about this motives and plans, according to the far-right politician, who added on the social media site: "Polish groups living in England declared that if anyone tries to attack Hungarians, they will be there and they will step up."
Vona has advocated segregation for Hungary's 800,000 Roma. His foreign policy spokesman Marton Gyongyosi has called for a register of Jewish people who allegedly pose a "national security risk". He subsequently apologised.
The party's paramilitary wing, Hungarian Guard, likened to the Nazi brownshirts for the habit of wearing traditional dress, with black boots and trousers, was banned in 2009.
Last week, a petition of 14,000 signatures was presented, at the Home Office asking Theresa May, the home secretary, to ban Vona from the UK. But sources close to the government said Vona had been careful not to make comments that could permit such a ban on the grounds of inciting racial hatred.
Last Saturday, Vona, whose party, Jobbik, is Hungary's third-largest, winning 17% of the vote and nearly 50 seats in parliament, said in a speech that his party now shunned racism.
While endorsing capital punishment and chemical castration for some criminals, he told a party meeting: "We've had enough of racism! There won't be a law in Hungary that would allow for a differentiation to be made on ethnic or religious basis between a human and another one.
"We want equality. Even the honest Gypsy will do better if Jobbik gets to govern. Not because he is Gypsy, but because he is honest."
But the London assembly member for Barnet and Camden, Andrew Dinsmore, whose constituency includes Holborn, said Vona should be banned on the basis of his party's previous rhetoric and record. "The parallels with Hitler are frightening We produced our petition in 24 hours and there has been silence from the Home Office. From what I understand, this lot are even worse than Golden Dawn in Greece."
Baroness Hussein-Ece, the Liberal Democrat spokesman for gender and equality in the Lords, also said she supported those campaigning against Vona's visit. She said: "We have a responsibility for community relations and someone like this is going to add anything to the fabric of our society. He is anti-semitic, Islamophobic and racist and there is a coaltion of views saying we do not want him in this country".
Karen Pollock, chief executive of the Holocaust Educational Trust, said: "The visit to the UK of a man who has become the face of far-right and antisemitic sentiment in Hungary on the eve of Holocaust Memorial Day is deplorable.
"Jobbik, the party which Vona leads, have expressed explicitly antisemitic views, including calling for a list of Jews in Hungary to be drawn up due to their 'national security risk'. How can such views be welcome in this country, on this day of all days?"
The Holocaust Memorial Day commemorations will be launched in the UK at King's Cross station on Monday, less than a mile from where the rally is expected to take place. On the grounds of the Auschwitz concentration camp, more than 60 members of the Israeli parliament, including the speaker in the Knesset, will gather to remember those who suffered there.
LondonHungaryThe far rightEuropeRace issuesRoma, Gypsies and TravellersMark TownsendDaniel Boffeytheguardian.com © 2014 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds |
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Greece hosts economic forum
Press TVGreece hosts economic forumPress TVThe impacts of Europe's financial crisis have been discussed by experts at a forum in Greece's capital Athens. They say 20-14 will address the political indignation of austerity-stricken Europeans across the continent in light of the European ...
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Escaped Marxist guerrilla Christodoulos Xiros alarms Greece with pledge to return to arms
Bakoyannis – whose first husband, a conservative MP, was gunned down by the 17 November organisation in 1989 – was convinced, along with most Greek officials, that the scourge of terrorism had been eradicated with the disbandment of the guerrilla gang ...
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Parliament Takes Disciplinary Action Against Golden Dawn MP Zaroulia
Greek parliamentary vice-president Christos Markogiannakis on Friday took disciplinary action against Golden Dawn (Chryssi Avghi) deputy Eleni Zaroulia for improper behavior. Zaroulia referred to other members of parliament as “bums” after a discussion on prisoners’ furlough. Markogiannakis ordered that Zaroulia’s phrase be recorded in the minutes and called on parliament to approve disciplinary action for […]
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Prosecutors Who Released Xeros Prosecuted
As an investigation goes on into the release of a convicted Nov. 17 terrorist who walked away from a furlough, the two prosecutors who granted leaves to Christodoulos Xeros could face charges of being negligent for their role, although prisoners are allowed holidays only by a majority vote of a three-person board. Xeros disappeared while […]
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Economists can't always see what's coming – not even with a Treasury view
Economic history is littered with innacurate predictions. At least this time, with unemployment, the news is better than expected
The news that unemployment is falling – and faster than most forecasters expected, not least the Bank of England – is extremely good news. It was the memory of the high unemployment between the first and second world wars that drove governments to make the pursuit of high, indeed "full", employment a supreme goal of economic policy for many decades after 1945.
Indeed, it was curiosity that there should be unemployment at all that first interested my mentor at the Financial Times, Sir Samuel Brittan, in the subject of economics. (Sir Samuel has recently celebrated his 80th birthday and is as interested as ever.)
Of course, policymakers could never really achieve full employment. There was bound to be some unemployment, called "frictional", as people changed jobs. But in the 1950s the conduct of economic policy was so successful that rates of 1.5%-2% were considered perfectly normal.
The aim was to maximise economic growth and employment, provided inflation was kept under control and the balance of overseas payments (exports and imports) was manageable.
Well, whole libraries have been filled on the problems that arose after the 1950s, and policymakers faced no shortage of problems with inflation and the balance of payments. But one thing they could take for granted until 2007-08 was a reasonably well-functioning banking system. It was Gladstone who put it succinctly: "Finance is, as it were, the stomach of the country, from which all the other organs take their tone."
The banking crisis, as we know, led to the recent depression, a depression that in my opinion was severely aggravated by mistaken policies. It was therefore interesting to hear Sir Nicholas Macpherson, the urbane permanent secretary to the Treasury, reflect recently on the achievements, or lack of them, of British economic policymakers in general over the years, and of the Treasury in particular.
In his lecture to the Mile End Group on 15 January, Macpherson made no secret of his admiration for Gladstone and the 20th century Labour chancellor Philip Snowden, both of whom are often accused of being more concerned with balancing the budget than balancing the economy.
His lecture – The Treasury View: a Testament of Experience – is well worth reading in full. After running through all the "panaceas" on which policymakers placed their counter-inflationary bets – from incomes policy to monetary targets, shadowing the deutschmark and entering (and exiting) the ERM – they eventually arrived at "inflation targeting".
Like the good public servant he is, Macpherson managed the transition from Gordon Brown and Alistair Darling's Treasury to George Osborne's – an example to those who would "politicise" the civil service. He is in his 30th year at the Treasury, and has counted them all in, and counted them all out. He says: "The Treasury exists to serve the government of the day: to promote and achieve its objectives in the financial and economic field… It needs to understand, interpret and apply the philosophy and agenda of the governing party (or parties)." But experienced officials ought to be able to offer an understanding of what works and what doesn't.
Well, the Treasury has had plenty of experience of that, but nevertheless found itself deficient in resources and experience when the bankers almost brought the entire edifice down.
Macpherson has certainly tried to make up for lost time. And he is frank about one of the great policy mistakes of the 1990s and early 2000s: the belief that price stability would bring overall stability, and the lack of attention to the growth of credit.
"Looking back to the last decade," said Macpherson, "I think senior Treasury officials – myself included – became mesmerised by the length of the upswing." It was not just Brown!
Macpherson enunciated a number of propositions, one of which was that there are limits to what the state can do to regulate demand, another that fiscal policy should support monetary policy. When your correspondent asked him whether he thought fiscal policy was supporting monetary policy at that crucial time in the summer of 2010 when the new chancellor raised VAT sharply and stopped the recovery in its tracks, he said he had feared "an inflection point", at which there would be problems selling government debt.
I disagree. The Debt Management Office was having the time of its life selling debt with an average maturity of 14 years – and not, as in the case of Greece, worrying about where the next investor was coming from. Interestingly, the permanent secretary distances himself from Osborne's (and the Bank's) absurd comparisons of our problems then to those of Athens.
At all events, the latest economic panacea in trouble appears to be Mark Carney's "forward guidance" and associated forecasts that have made the new governor a laughing stock. But for those of us who have always worried about unemployment, it remains good news that it is falling – and, personally, I have not lost faith that higher productivity will follow.
However, output is still 2% below its 2007 peak, and if past trends had continued, GDP would now be 20% higher than it is. Personally, I am less concerned about the disarray of Carney's forward guidance than with his apparent lack of concern about bankers' so-called "remuneration".
Unemployment and employment statisticsEconomic policyEconomic growth (GDP)Economic recoveryEconomicsCivil serviceWilliam Keegantheguardian.com © 2014 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds |
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Turkey’s Schizophrenia Pushes EU Away
Turkish Premier Recep Tayyip Erdogan's seems to have accepted his country will never become a member of the European Union despite its economic attractions.
The post Turkey’s Schizophrenia Pushes EU Away appeared first on The National Herald.
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Where Have All The Prophets Gone?
As an 81-year old Greek American I am surprised that, in our day and age, a member of the clergy, our clergy, chooses to suggest that “All Prophets Who Came after Jesus are False” (Letters, Nov. 16). Clearly, and sadly, Father Emmanuel Hatzidakis fails to see that we live in a whole new world where, […]
The post Where Have All The Prophets Gone? appeared first on The National Herald.
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Xiros Makes Greece Pay Wages of Fear
One certainty about terrorists, who, by definition, are zealous nuts, is that they will never change their ways, which is what Christodoulos Xiros from the dreaded November 17 group proved almost as soon as he walked away from a holiday vacation he was given despite serving six life sentences in the alleged high-security Korydallos Prison […]
The post Xiros Makes Greece Pay Wages of Fear appeared first on The National Herald.
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Behrakis on Greece, Community, Church
BOSTON, MA – Prominent businessman and philanthropist George Behrakis of Lowell, MA in an exclusive interview with TNH spoke about many important issues pertaining to Greece, our Greek-American community, and the Greek Orthodox Church in America. He also discussed his home parish, Holy Trinity of Lowell, and its Day School, which is the only Greek […]
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