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How the world sees Greece
Wednesday, February 5, 2014
Greek DEPA chief resigns as Gazprom price cut talks near end
Greek DEPA chief resigns as Gazprom price cut talks near endReuters UKA former president at Platts and the McGraw-Hill Companies' Business Information Group, Sachinis said he will continue to act as DEPA chief until the Greek government replaces him. Following his surprise departure, the energy ministry declined to say ...and more »
Debt-Ravaged Greece Has a Budget Surplus After a Decade of Deficits
Greek ReporterDebt-Ravaged Greece Has a Budget Surplus After a Decade of DeficitsTIMEPerhaps the most exciting news came out of Greece, a country wracked by the economic crisis, years-worth of unfunded liabilities and an economy that has been in a nosedive since 2008. Last month, Prime Minister Antonis Samaras prepared to announce ...UPDATE 1-Greece's 2014 fiscal gap issue largely resolved with lenders-sourcesReutersEU Said to Weigh Extending Greek Loans to 50 YearsBloombergEU Mulls 50-Year Greek Loan RepaymentsGreek ReporterCapital.gr (press release) -The Standard Digital News -Reuters UKall 50 news articles »
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Greek yields drop on EU extension report
Greek bond yields fell on Wednesday after a media report said the European Union was weighing extending the maturity of loans to Athens to 50 years.
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GREECE 2014: JOSEPHINE IN THE LINE UP
ATHENS, GREECE – It was leaked on the web moments ago the name of the 3rd participant for the upcoming Greek National Final. The official announcements, though, will take place in few days when and if NERIT will legally finalise it’s ...
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Greek Researchers Discover New State of Matter
According to the Foundation for Research and Technology (FORTH), Greek and Slovenian scientists discovered a new state of matter. Their discovery may have future practical applications to materials used in modern electronic devices.
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Greek Wine Makes its Debut in the U.S.
Greek wine brands have become very popular in North American markets as the wide range of new flavors have won many awards in international competitions. Many of the top restaurants in the U.S. offer Greek wines, mainly from Peloponnese and Crete.
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Greek yields drop on report EU mulling extending loans
* Media report says EU weighing extending maturity of loans * Expectations of further ECB easing supports demand LONDON, Feb 5 (Reuters) - Greek bond yields fell sharply on Wednesday after a media report said European Union officials were weighing extending the maturity of loans to Athens to 50 years, which could ease the debt burden on Greece. Citing two officials with knowledge of the ...
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Cyprus says could be close to peace talks breakthrough
NICOSIA (Reuters) - Cyprus said on Wednesday it was close to reviving stalled peace talks between the island's Greek and Turkish communities who have been locked in a festering, decades-old conflict that is harming Turkey's hopes of joining the EU.
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Greek Parliament To Review Future Arms Deals
Greek Parliament To Review Future Arms DealsNPRGreece has historically spent an outsized amount of its budget on military equipment — ostensibly to protect its border with historic rival Turkey. Between 2007 and 2011, Greece was Europe's largest importer of arms. But an ongoing investigation into ...
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EU Said to Weigh Extending Greek Loans to 50 Years
Greek ReporterEU Said to Weigh Extending Greek Loans to 50 YearsBloombergGreek 10-year bonds rallied, with yields falling 37 basis points to 7.92 percent as of 1:19 p.m. Brussels time, the biggest drop in seven months. Private investors who hold Greek debt are mainly holdouts who didn't take part in the country's 2012 debt ...Greek yields fall as hurdle to bailout talks seen resolvedReutersGreek manufacturing activity grows for first time in over four yearsEurActivFormer Greek Prime Minister: 'Merkel Imposed the IMF On Greece'Greek ReporterSydney Morning Herald -Businessweekall 36 news articles »
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Rebuilding on solid foundations
Germany’s Vice Chancellor Sigmar Gabriel on Monday described Greece as an “issue more for the World Bank than the International Monetary Fund.”
Few people seemed to appreciate the true implications of Gabriel’s statement which effectively put Greece in th... ...
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Famous Greek Singer Tzeni Vanou Passes Away
She originally intended to study at the Faculty of Physics, but her mentor, famous Greek composer Mimis Plessas, persuaded her to pursue singing. She began her career in 1959 as a singer in the ERT orchestra. In 1964 she won first prize in the ...
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Former Hellenic Postbank head Filippidis back in Greece
KathimeriniFormer Hellenic Postbank head Filippidis back in GreeceKathimeriniAngelos Filippidis, the former chairman of Hellenic Postbank, who faces charges of fraud and money laundering in Greece, arrived at police headquarters in Athens on Wednesday, after being expelled from Turkey late on Tuesday. “I came voluntarily, as I ...Filippidis Returns To Greece, Arrested On The SpotGreek ReporterEx-head of Hellenic Postbank returns to Greece to face charges over allegedly ...Minneapolis Star TribuneFormer Hellenic Postbank CEO arrested in AthensThe Stateall 40 news articles »
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Greece arrests former bank chief on money laundering, fraud charges
Greece's foreign ministry said Turkey had deported the banker. He will appear before a prosecutor later in the day.
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Ex-head of Hellenic Postbank returns to Greece to face charges over allegedly unsecured loans
The former head of a Greek bank at the heart of a criminal investigation into allegedly unsecured loans has been taken into custody after his return from neighboring Turkey.
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Former Greek bank chief arrested in bad loan inquiry
ATHENS (Reuters) - Greek authorities arrested the former chairman of defunct state lender Hellenic Postbank (TT) on Wednesday on charges of money laundering and fraud, police and court officials said.
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At Joslyn exhibit, themes of modern world seen in array of Greek antiquities
At Joslyn exhibit, themes of modern world seen in array of Greek antiquitiesOmaha World-HeraldThe Greek god Poseidon was the brother of Zeus and Hades. The exhibition is divided into three sections. Myth and cult look at the stories that surround the ancient Greek gods, and how Poseidon, god of the sea, and his fellow gods were worshiped. The ...and more »
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What Kind of Books Do Greeks Read?
Greeks love books and enjoy reading before falling asleep at night, even more so on the beach during the summertime. During the recession in Greece, books are seen as good companions that help people escape the harsh reality and anxiety, allowing themselves to travel into a calm, interesting world. However, compared with the past, the number of books Greeks read per year has declined from about seven to five. The factors that determine the choice of books are cultural, racial or social, such as one’s profession. Gender often plays an important role in choosing a book. Greeks like to choose books on their own, based on personal taste and their emotional state. Contrary to popular belief, Greeks prefer to read novels as a pose to historical books. They also show interest in psychology and philosophy, as well as books on religion. Books on travel or other cultures are very popular as well. During the last year there is an increase of written works by significant Greek writers such as Nikos Kazantzakis and Nikos Kavvadias. In regards to gender, women might be considered as bookworms but this is actually far from true. Women in Greece get easily excited by the content of a book, however, they often stop reading if they don’t find it fascinating. On the other hand, Greek men do not buy books so often, but read with more intensity than women. (Edited by Nikoleta Kalmouki)
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The ‘Secret Garden’ of Kostis Georgiou at the Benaki Museum
Zoomorphic sculptures, acrobats, angels, mannequins of the future along with a porcupine gather in the “Secret Garden” which is set up in the atrium of the Benaki Museum Pireos Street Annexe by Kostis Georgiou, who is expected to meet with the public on Wednesday. A garden with colorful sculptures, or 25 projects, comprise the «Hortus Clausus» of painter-sculptor Georgiou. Powerfully sculpted objects made with wrought iron, steel and aluminum in black, red and blue colors create a modern design. The artist will be prsenting for the first time in Greece the sculpture “Galileo”, of which a copy exists in both Brussels and Shanghai. The theatrical setup of the exhibition in the atrium of the museum was chosen to operate as an “enclosed Eden”, where sculptures breathe and create a magical space for the viewer. (source: ana-mpa)
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Swiss Government Doesn’t Accept Taxation of Greek Deposits
The Greek Finance Minister, Yannis Stournaras and his Swiss counterpart, Eveline Widmer-Schlumpf met on Tuesday to discuss the issue of taxation of Greek deposits in Swiss banks. However, the two sides didn’t reach an agreement. The Greek Finance Minister requested an arrangement similar to that signed between Switzerland and Britain in 2011, which imposed a one-off levy on secret account holders to settle their tax obligations. ”Greece’s bad financial situation was reversed thanks to citizens’ great efforts and sacrifices,” he said during their meeting, noting that Greeks with untaxed capital in Swiss banks should contribute to the country’s rescue. “Models we had earlier considered and discussed to prevent untaxed money in Swiss banks are partly outdated,” said the Swiss Finance Minister, stating that the “British model” can’t be applied to Greece. She proposed an automatic information exchange between tax authorities at an international level. Switzerland is a a well-known tax haven. It is estimated that Greek deposits in Swiss banks amount to 60 billion euros while German deposits reach the 200 billion mark.
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Farmers Say They May Escalate Protests, Block More Roads
More farmers have been heading towards the road blocks in Northern Greece, Christos Kamtsis, member of the coordination committee for farmers road blocks told ANA-MPA on Tuesday, adding that protests may escalate. Farmers oppose a measure requiring those with turnover below 40,000 euros to keep accounts on spending and income. They demand a tax-free family income of 20,000 euros, increased by 5,000 euros for each child; that farmers unable to pay debts to the state be not prosecuted; that there is no seizure of property (fields or houses) of property valued up to 300,000 euros and a 30 percent haircut in loans of up to 200,000 euros. They also hope to reduce production costs (by getting tax-free oil and low electricity rates) and boost livestock breeding. “Our struggle is not politically motivated. We are deeply concerned for the future of the agricultural sector,” Kamtsis said. Farmers’ protests so far have been mainly focused in central and northern Greece. The two main road blocks are in Nikeaa on the Athens-Thessaloniki national highway outside Larissa, central Greece and at the junction of Kouloura on Egnatia highway, in northern Greece. At Nikea, tensions flared between police and farmers on Monday, with minor incidents and use of teargas, when farmers attempted to block the Athens-Thessaloniki national highway and were prevented by police. Costas Lioliopoulos, Vice President of the Imathia farmers’ movement, told ANA-MPA that farmers were expected to decide within the day whether they would block Kouloura junction and said they were even considering rallying in Athens and the Finance ministry in particular. According to the farmers’ Coordinating Committee, approximately 30-40 roadblocks will be set up across the Athens-Thessaloniki national highway and regional network in northern Greece within the week. (source: ana-mpa)
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Uninsured Patients in Greece Struggle with Cancer
February 4 is World Cancer Day which was founded to raise awareness of cancer, encourage its prevention and treatment, as well as to support cancer patients and their families. But when it comes to Greece, the situation is a little bit different. In Greece, during this period of economic crisis, a main issue for citizens is that they simply don’t have enough money to pay for health insurance as approximately one in three citizens is uninsured. As a consequence, many uninsured patients struggle daily with the expenses they must incur resulting from their disease. Among them are many cancer patients and their families who are trying to cope with the disease itself and its unbearable cost since they do not have any financial support from the Greek state. Giorgos, 47, was diagnosed with cancer two months ago. “When I heard the doctor I was shocked. Time stood still and I couldn’t react. I was thinking of my wife, my kids, my dreams and at the same time I was uninsured and didn’t have the financial means to fight for my life,” Giorgos said to the Greek newspaper Efimerida ton Syntakton. Cancer has two merciless features: the battle is very expensive and treatment must be followed immediately after diagnosis. Medicine costs approximately 2,000 euros for a period lasting ten or twenty days and radiotherapy costs 700 euros a treatment. Frequent blood tests (40 euros each) and X-ray computed tomographies (at least 100 euros each) are also required along with a balanced diet, psychological support and a good psychology. Syrago is 34-years-old and has been unemployed for the last 3 and a half years. She is struggling with her everyday needs and expenses and her mother is suffering from cancer. “She is only 57 and refuses to receive chemotherapy treatments. She thinks that she is a burden for me because she cannot walk, take care of herself or contribute money toward treatments. Many cancer patients feel this way,” Syrago said. Eleni’s husband has also been diagnosed with cancer and unemployed. Going through endless bureaucracy in an attempt to obtain the money required for proper treatment, left them exhausted. “I’m deeply disappointed with the Greek state. If we were living in another country we could rely on social services, on our insurance or on psychologists provided by the public hospital. At this point, all we can only rely on is the solidarity of our fellow citizens. The Greek Society of Cancer Patients is helping us find the proper medicine, run the tests required and generally cope with the everyday struggles of the disease,” Eleni stated.
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Filippidis Returns To Greece, Arrested On The Spot
The former chairman of the failed state-owned Hellenic Postbank, Angelos Filippidis returned to Greece on Feb. 5 even as authorities were urging his re-arrest and extradition from Turkey where he had been initially taken into custody before being released by a court. Filippidis’ lawyer confirmed earlier that his client returned to Greece and intends to co-operate with officials investigating a bad loan scheme at the bank of some 500 million euros, the proceeds given without collateral and even to heavily indebted people or companies, prosecutors said. Immediately after his arrival at Eleftherios Venizelos Airport, the Greek authorities arrested him as there was a pending arrest warrant against him for the Postbank scandal. He was taken to police headquarters in Athens. Filippidis, one of the main figures in the Postbank scandal, is accused of providing major loans to Greek businessmen without any assurances. Investigators found 14 million euros in various secret foreign bank accounts in Filippidis’ name and said he had 25,000 euros and a Swiss residency permit on him when first arrested. There was no information immediately available on why he decided to return to face charges although he said he was being politically persecuted because he’s a friend of former Premier and previous New Democracy Conservative party leader Costas Karamanlis. He didn’t explain why the current government of Prime Minister Antonis Samaras, the current party leader, would want him singled out. On Jan. 11, Filippidis was arrested by the Turkish authorities in Istanbul due to an Interpol alert although he was tracked while using his cell phone to call Greek TV to defend himself.
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IN FOCUS
ATHENS - Graphics artist and part-time barmaid, Mariza Papasmiria struggled for years juggling her two jobs, working seven days a week for 1,600 euros ($2,200) a month. Then she decided to open a snack bar in Athens, one of thousands of Greeks ...
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Committee Confirms Tsunis; Full U.S. Senate Vote Imminent
WASHINGTON, DC – Greek-American entrepreneur and philanthropist George J. Tsunis cleared the next-to-last but most important hurdle in the process that will culminate in his appointment as the U.S. Ambassador to the Kingdom of Norway. The full Senate Foreign Relations Committee voted 12-6 in favor of President Barack Obama’s nominee. In the coming days the […]
The post Committee Confirms Tsunis; Full U.S. Senate Vote Imminent appeared first on The National Herald.
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HRF Boite Night Lifts Spirits
ASTORIA – The Hellenic Relief Foundation (HRF) filled the Stathakion Center with music and fellowship for its 2nd anniversary Vasilopita- Boite Night on January 31. On January 19, 2012 the grass roots effort initiated by a small team of people obtained its charter from the State of New York as a nonprofit organization and two […]
The post HRF Boite Night Lifts Spirits appeared first on The National Herald.
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UK struggles to stay in global economy 'premier league'
Britain falls to 19th in PwC's Escape index, seven places down on its pre-financial crisis position
Britain is struggling to stay in the "premier league" of countries ranked by the consultants PwC after suffering more grievously than rival nations in the slump of 2008-09.
PwC's Escape index – which looks at a range of economic, political, social, technological and environmental indicators of success – placed the UK 19th, down seven places on its pre-financial crisis position.
Britain's fall down a league table headed by Sweden, Switzerland and Singapore was matched only by the declines suffered by the countries worst hit by the eurozone sovereign debt meltdown: Greece, Ireland, Spain and Portugal.
John Hawksworth, chief economist at PwC and co-author of the report, said: "The UK continues to score well as an easy place to do business and recent sharp falls in unemployment show the flexibility of its labour market. But the UK was hit hard by the global financial crisis: since then it has had relatively low GDP per capita growth and high inflation, although both measures improved significantly during 2013."
As Europe's financial centre, the UK was particularly hard hit by the near-collapse of the global banking system in the winter of 2008-09, with national output falling by more than 7% and then recovering only slowly thereafter. It scored badly on many of the economic indicators assessed by PwC, such as living standards, the cost of living and the government's budget deficit.
The sharp decline followed a period between 2000 and 2007 when Britain held its place in the global pecking order despite the strong advances enjoyed by parts of the emerging world.
Hawksworth said the UK was now likely to start moving back up the table after better economic news in 2014.
"UK businesses and consumers are likely to feel the benefit of the current recovery because the brakes went on so hard between 2007 and 2012. Now we're seeing renewed job creation and growth, the UK is likely to be moving back up the index.
"Despite the recent cyclical upturn, our analysis shows that the UK has had some persistent structural weaknesses throughout the period since 2000. We find that the UK lags behind the average of its advanced economy peers in terms of investment, education, trade, income inequality and also general levels of trust in the population."
PwC said its aim was to produce a holistic measure of how countries were performing over time, based on five yardsticks of success: economic growth and stability; social progress and cohesion; communications technology; political, legal and regulatory institutions; and environmental sustainability. Northern European countries dominated the PwC top 10, with China rising five places to 16th, above the US at 18th and France at 20th. None of the four MINT countries – Mexico, Indonesia, Nigeria and Turkey – identified by the economist Jim O'Neill, made it into the top 30.
Hawksworth added: "To graduate to the advanced economy club, it is not enough just to do well on traditional economic indicators such as GDP growth and inflation. Governments and business investors should pay attention to the broader range of measures that our Escape index captures."
EconomicsEconomic policyPricewaterhouseCoopersFinancial sectorLarry Elliotttheguardian.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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Greek Politicians Involved in Zeolite Scandal
The Supreme Court Prosecutor sent case files to the Greek Parliament in order to investigate if the six politicians mentioned in the file are implicated in the scandal and also to find out whether MP immunity will be lifted in regards to the case.
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Greek Glendi festival runs four days in Manatee
Bradenton HeraldGreek Glendi festival runs four days in ManateeBradenton HeraldJose Luis shows a refrigerated truck for storing food as preparations are underway for the Greek Glendi at the St. Barbara Greek Orthodox Church. TIFFANY TOMPKINS-CONDIE/Bradenton Herald TTOMPKINS@BRADENTON.COM |Buy Photo ...and more »
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The Ivy League Colleges With The Most On-Campus Drug And Alcohol Arrests
Last week, we brought you a series of maps showing which colleges across the country have the most on-campus drug and alcohol arrests.
Surprisingly, or not, all of the Ivy League schools were absent from this list. However, Rehabs.com — who put this information together — compiled a separate ranking for the elite eight universities.
"We wanted to find interesting data that's been under-explored," Drugs on Campus project head Jon Millward told Business Insider. Many of the previously existing reports on campus drug use were "more surface," Millward said.
The information comes from the Department of Education's Office of Postsecondary Education, which only tracks campus crime reports, not those from the surrounding area.
Dartmouth College leads the Ivy League in both on-campus drug arrests and alcohol arrests — the latter by a significant margin. The Rehabs.com report attributes this to Dartmouth's dominant Greek culture:
What's obvious is that there weren't very many of them. Dartmouth College sits comfortably in first position, with more than five times more alcohol arrests than Yale University. This result matches a known problem Dartmouth has with drinking on its campus, attributed mostly to the fact that fraternities dominate the social scene there. About two-thirds of undergraduates at Dartmouth join a fraternity or sorority, which is nearly double the rate of any other Ivy League school. And Greeks are known to be more likely to abuse alcohol.
SEE ALSO: The Colleges With The Most On-Campus Drug And Alcohol Arrests
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Russia Won't Allow Chobani Yogurt At The Sochi Olympics
NY senator calls on Russian government to allow yogurt delivery to Olympic athletes in Sochi
ALBANY, N.Y. (AP) — U.S. Sen. Charles Schumer of New York is calling on the Russian government to allow Chobani Greek yogurt to be delivered to Sochi (SOH'-chee) for U.S. Olympic athletes and NBC Studios employees.
Schumer said Tuesday that a shipment of Chobani yogurt is being held up at Newark Liberty International Airport in New Jersey because of "unattainable" Russian Customs certifications. The U.S. Department of Agriculture has requested that Russia approve a USDA safety certificate for the yogurt, but Schumer said Russia still won't allow the shipment.
Chobani, based in upstate New York, is an official sponsor of the U.S. Olympic team. Schumer said the yogurt will be eaten only by U.S. citizens in Sochi.
A call to Russian Ambassador Sergey Kislyak's press office wasn't immediately returned.
Copyright (2014) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Eats Beat: New name, same friends and Greek dishes at Casablanca
Eats Beat: New name, same friends and Greek dishes at CasablancaFort Worth Star TelegramIt's now Casablanca Greek Mediterranean Cuisine, with some new dishes and lower prices but mostly the same cooking and faces from the former Two Brothers Bistro. One of the brothers is even still around. Peter Katzianis was hosting in the dining room ...
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Cephalonia island declared a disaster zone after earthquakes
ATHENS, Greece, Feb. 4 (UPI) -- Greek officials declared Cephalonia a natural disaster zone after it was struck by two earthquakes and dozens of aftershocks.
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Climate change in Green party turns off MEP
The first member of Greece’s Ecologist Greens to be elected to European Parliament, Nikos Chrysogelos, said on Tuesday that he would not be standing in May’s elections for the party, which appears to be on the verge of a significant split.
Chrysogelos att... ...
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Ex-TT chief alleges political persecution
Angelos Filippidis, the former head of Hellenic Postbank who faces charges of fraud and money laundering in Greece but was released by a Turkish court considering his extradition request on Monday, has claimed to be a victim of political persecution due t... ...
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Gov't heralds measures for quake victims on Cephalonia
Greek authorities on Tuesday heralded a series of measures to tackle the fallout of two strong earthquakes on the Ionian island of Cephalonia, where hundreds of people have been left homeless.
Cephalonia is to be declared officially “earthquake-hit” in th... ...
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Primary surplus puts troika talks in new context
Provisional data point to a record primary surplus in 2013, which, if proven correct, will mean there will be no need for new austerity measures this year. Sources say that the technical team representing Greece’s creditors, which arrived in Athens on Tue... ...
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Two detained while trying to sell baby in western Greece
A Greek man and an Albanian woman faced a prosecutor in Patra on Tuesday following their arrest on Monday in the act of trying to sell a 4-month-old Romanian infant to two undercover police officers posing as a childless couple.
The suspects were arrested... ...
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Greek police arrest four people over debts to state of more than 17 mln euros
Four people have been detained by police over the past two days in different parts of Attica in connection with unpaid dues to the state in excess of 17 million euros.
The 62-year-old managing director of a company was arrested for debts of 8.67 million e... ...
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Top court rebuffs Lavrentiadis appeal
The Council of State has rejected an appeal by Lavrentis Lavrentiadis, the former major stakeholder in Proton Bank who is in custody pending trial for embezzlement, for a decision by the Bank of Greece revoking the lender’s operating license to be deemed ... ...
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Cameras installed on Greek highway to deter toll dodgers
Surveillance cameras started operating at tollgates along the Athens-Corinth national highway on Tuesday night with the aim of cracking down on motorists who lift the barriers without paying toll charges.
The cameras have been installed at the Elefsina, N... ...
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Greek stock index remains northbound for fourth session
The main index of the Greek bourse grew for a fourth consecutive session on Tuesday, albeit at a smaller rate than on previous days, despite the negative climate that has dominated international markets.
Non-banking blue chips kept the benchmark afloat in... ...
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LASD Launches Search For Murder Suspect In Hills Near Greek Theater
The RepublicLASD Launches Search For Murder Suspect In Hills Near Greek TheaterCBS LocalA combination of 50 deputies, Los Angeles police officers and park rangers were searching the hills above the Greek Theater and Runyon Canyon Park on foot and horseback after they received several tips he was seen in the area. “In addition, deputies ...Murder-suspect manhunt above Greek Theatre, Runyon Canyon ParkLos Angeles Daily NewsMurder-suspect manhunt continues above Greek Theatre, Runyon Canyon ParkSan Bernardino Sunall 18 news articles »
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Tents set up after Greek quakes
A strong quake with a 5.7 preliminary magnitude hit Kefalonia on Monday, a week after a 5.9-magnitude temblor. Hundreds of aftershocks have shaken the island throughout the week. Tents have been put up in a sports field near Lixouri, Kefalonia's second ...
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Greece’s privatisation of OPAP faces investigation
The probe was launched weeks after Emma Delta, a Cyprus-registered bidding vehicle, paid €650m in August for the state’s 33 per cent stake in OPAP and replaced the chief executive and other board members with its own appointees. Emma Delta submitted ...
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Greece and Creditors Largely Resolve Issue of 2014 Fiscal Gap
The Greek government and its foreign lenders have for the most part reached an agreement over a potential fiscal gap for 2014, which is one of the main issues that was holding up negotiations with the troika. However, troika officials estimate ...
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