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How the world sees Greece
Monday, February 17, 2014
Greeks Want the UK to Give Back Their Priceless Artifacts – and George ...
PolicyMicGreeks Want the UK to Give Back Their Priceless Artifacts – and George ...PolicyMicThe term "repatriation of Parthenon's marbles" would normally mean little to non-Greeks. But when George Clooney broached the subject last week at a press conference for his new movie The Monuments Men, the world had to pay attention. And when ...Clooney Comes Back on Parthenon MarblesGreek ReporterThe Parthenon marbles should be returned – but George Clooney is wrongThe GuardianMayor of London Calls Clooney's Remarks 'Hitlerian' After Actor Says Brits ...International Business TimesHerald Scotlandall 45 news articles »
Greek diplomats in fraud scandal
Eight people, including three diplomats, are facing charges in Greece in connection with an alleged fraud involving an anti-landmine charity.
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Greek 2013 fiscal outcome may be better than expected
Greece, with a debt-to-GDP ratio of around 175 percent of GDP, has been bailed out twice since 2010 by other euro zone governments and the International Monetary Fund after being cut off from markets because of unsustainable public finances.
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| READ THE ORIGINAL POST AT uk.reuters.com |
Greek Paper: Israelis Tried to Sell Arms to Iran
The Times of IsraelGreek Paper: Israelis Tried to Sell Arms to IranArutz ShevaThe cargo had been sent by courier from the Israeli town of Binyamina and had been destined for Iran, which has a large fleet of F-4 aircraft, through a Greek company registered under the name Tassos Karras SA in Votanikos, Athens. “SDOE officials ...Report: Israeli weapons dealers tried to send jet parts to Iran in violation ...Jerusalem PostJerusalem silent on report Greece blocked Israeli arms shipments to IranThe Times of IsraelReport: Greece intercepted arms shipments to Iran sent by IsraeliJewish Telegraphic AgencyThe Jewish Press -Kathimerini -International Business Times UKall 9 news articles »
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Greek food bank to visit Leket Israel to learn about gleaning program model
Greek food bank to visit Leket Israel to learn about gleaning program modelJerusalem PostAs part of the tour, the Greek founders will visit gleaning sites, hotel venues, soup kitchens, logistics centers and will receive full access to the Israeli model. Gidi Kroch, Leket Israel's CEO told The Jerusalem Post that the food gleaming program ...
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Clooney hits back in dispute with London mayor over Parthenon Marbles
American actor George Clooney has defended his comments from just over a week ago advocating the return of the Parthenon Marbles to Greece despite criticism from London Mayor Boris Johnson.
Johnson accused the actor of pursuing a “Hitlerian agenda” for wh... ...
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Papandreou defends record, argues his gov't set foundations for primary surplus
Former Prime Minister Giorgos Papandreou has criticised the current Greek government for failing to acknowledge the part that his administration played in reducing the country’s deficit.
In a statement issued through his press officer in Greece, Giorgos E... ...
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Deaths from flu in Greece reach 39, another 59 people in hospital
The number of Greeks who have died from flu this winter has reached 39, the Center for Disease Control and Prevention (KEELPNO) said on Monday.
KEELPNO said that another 59 people are currently being treated in intensive care units. A total of 143 people ... ...
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New law will allow firms to be set up in as little as a day, says PM
Legislation that will simplify the process for setting up a business in Greece was unveiled by Prime Minister Antonis Samaras and Development Minister Costis Hatzidakis on Monday.
The two men said that the legislation, which is to be put to public consult... ...
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Nine to face charges of fraud over NGO's de-mining program
Nine people, including three members of the diplomatic service, are to face charges of colluding to defraud the Greek state in connection with a de-mining program.
The nine suspects also include the president of a non-governmental organization, his wife, ... ...
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Civil servants set for two 48-hour strikes in coming weeks
Greece’s civil servants union, ADEDY, is to hold two 48-hour strikes in the coming weeks to protest legislation that will lead to job losses in the public sector as a result of organizations being merged or shut down.
ADEDY is planning to hold a 48-hour s... ...
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Small losses on ever lower transactions
The national holiday in the US resulted in subdued action on the Greek bourse on Monday, showing how dependent the local market is on foreign investors. Turnover was particularly low while stocks posted a mixed picture as blue chips suffered small losses ... ...
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Second PPC worker dies in work-related accident in a week
A worker died on Monday at the Public Power Corporation lignite mine in Ptolemaida, northern Greece, becoming the second work-related fatality in one week at the plant and prompting an internal investigation.
The unnamed worker was found dead by colleague... ...
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'Troika' creditors to return to Greece for debt talks
Greece's international creditors will resume talks with Athens this week to review progress on the economic reforms it must make to get debt aid funding, eurozone finance ministers agreed Monday. "The Troika intends to return to Athens later this week ...
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Fisherman finds 2500-year-old statue of Greek god Apollo
Press TVFisherman finds 2500-year-old statue of Greek god ApolloNew York's PIX11 / WPIX-TVIt was a life-size bronze statue, believed to be a 2,500-year-old depiction of the ancient Greek god Apollo. He described the half-ton object as “treasure pulled out of the sea.” “I thought it was made of gold; I was going to be rich,” Ghrb said. “So I ...Ancient Greek statue discovered in GazaPress TVall 31 news articles »
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Troika to return to Greece later this week: Eurogroup head
BRUSSELS (Reuters) - A mission of international lenders will return to Greece later this week to review progress made in delivering on the country's reforms that are key for further loans, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Monday.
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Greek Cyprus leader touts energy boost for Turkey
Gen. Salim Idris, who has been replaced as head of the Free Syrian Army by Abdullah al-Bashir for being ineffective, is seen during an interview in late 2012. (Photo: AP) 17 February 2014 /İSTANBUL/NICOSA, TODAY'S ZAMAN WITH AP Greek Cypriot President ...
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Greece diplomats linked to anti-landmine charity fraud scandal
Senior officials who were working at the time in the Greek foreign ministry and other ministries have been caught up in the scandal, according to Greek news agency ANA-MPA. The eight suspects face charges of obtaining taxpayers' money improperly.
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Olli Rehn: Discussion of Greek Debt, “From Summer Onwards”
The viability of the Greek debt and the financing gap for the years 2015-2016 will be discussed “from the summer onwards,” European Commission Vice-President and Commissioner for Economic and Monetary Affairs and the Euro Olli Rehn told an interview with German Sunday newspaper Welt am Sonntag. He noted that the official Eurostat report for the Greek fiscal data will be available on April 23. The Commissioner proposed that the World Bank be also involved in Greece at a future stage to offer help, saying that “Greece’s economy at the start of the programme was in a condition that often made the World Bank more useful than the International Monetary Fund (IMF).” Referring to the June 2012 elections, Rehn revealed that Europe was prepared even for the eventuality of an economic disaster, but, “Thank God, the catastrophe did not happen.” “In the case of Greece, we have to decide three things: First, we must complete the current troika mission, which began as of September. This relates to Greece’s funding in 2014 and the state of reforms. This will be done soon. Secondly, the financing gaps for 2015 and 2016, and thirdly, the issue of debt sustainability,” the Commissioner said. Referring to the debt viability, Rehn stressed that the specific issue will be discussed “only after we know that Greece achieved a primary surplus in the past year.” (source: ana-mpa)
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Papandreou Claims Primary Surplus Was His Doing, Blasts Samaras
More than two years after he was hounded out of office by protests, strikes and riots over austerity measures he imposed on the orders of international lenders, former Prime Minister George Papandreou said he laid the groundwork for a primary surplus that current Premier and New Democracy Conservative party leader Antonis Samaras said his administration created. The former PASOK Socialist chief Papandreou, who is still a sitting Member of Parliament and spent much of his time lecturing to Ivy League colleges in the United States on governance – and giving lucrative speeches on the lecture circuit – has also blamed the European Union and speculators for creating Greece’s crushing economic crisis. He took no responsibility for the crisis nor for his party and New Democracy packing public payrolls with hundreds of thousands of needless workers for decades in return for votes. Papandreou criticized Samaras’ coalition – which also includes PASOK – for failing to acknowledge what he said was the part his administration played in reducing the country’s deficit, although it didn’t make a dent while he was ruling. Still, he said, his policies led to today’s government being able to reach a primary surplus of 1.5 billion euros ($2.05 billion) – not including interest on the $325 billion owed to the Troika of the European Union-International Monetary Fund-European Central Bank for two bailouts. In a statement issued through his press officer in Greece, Giorgos Elenopoulos, Papandreou expressed frustration that members of the government were critical of decisions taken in 2010 and 2011, when PASOK was in power. Samaras, while out of office before winning in 2012, criticized Papandreou for implementing pay cuts, tax hikes and slashed pensions but embraced them as soon as he won and said they are the only way out of the crisis although they’ve also created record unemployment and deep poverty. In comments primarily aimed at New Democracy and, Papandreou argued that the primary surplus Greece has achieved now has come about as a result of decisions taken in 2010 and 2011. “Eighty percent of the effort to reduce the huge primary deficit of 2009 happened during the two-year period 2010-2011,” he said. “At the same time, Greece headed the table for the rate of reforms among all the OECD member states,” he said. He didn’t criticize his own party for its role in Samaras’ government, which he supports and to which he has given his vote when he’s in the country.
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Athens Mayoral Candidate Comes Out as HIV-Positive
In the race for the upcoming local elections, which will be held in May all over Greece, a candidate for the mayor’s office of the city of Athens has come out as HIV-positive. Gregory Vallianatos, a 58-year-old Greek journalist, widely known as a strong advocate for gay rights is Greece, made his announcement through his Facebook page as part of his political campaign. “I defend the right of every male and female citizen to call themselves gay, lesbian, trans, queer, bi, straight or anything else they want to, and to say so! Same as the right for everyone who is HIV-positive, such as myself, to say or not to say so,” said Vallianatos on Facebook. Most users who commented on the posting praised the journalist for being courageous, while others criticized the revelation as a bid for votes. In a following comment Vallianatos explained that he had talked about his health and had disclosed this fact on a Greek talk show some years ago, but no one seemed to recollect this incident. Vallianatos’ campaign is considered to be fairly aggressive, while making clear to everyone not in favor of him or his agenda not to vote for him. “That’s it! Everyone else, don’t vote for me,” he concludes every post in which he explains his political agenda and the issues that he supports and promotes. Vallianatos, who is running as an independent candidate, is one of few prominent Greeks who is openly homosexual and strongly advocates the equality of homosexuals in Greece, promoting and backing the gay scene of major Greek cities. Gays in Greece lack many of the basic rights and legal provisions enjoyed in other European countries, as they are still fighting for the recognition of same-sex marriage, access to IVF treatment and the right to adopt. Hate speech is rife and the influential Greek Orthodox Church is strongly opposed to same-sex relations, despite laws to protect employees from discrimination on grounds of sexual orientation and the fact that Gay Pride parades have been held in Athens since 2005.
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Plans to Turn Athens Airport into Transit Hub
Two Chinese companies, with a letter sent to the Greek Prime Minister, Antonis Samaras, expressed their interest in jointly acquiring a 55% stake in Athens International Airport (AIA), Eleftherios Venizelos. According to the letter, signed by the chairmen of Friedmann Pacific Asset Management Ltd and Shenzhen Airport (Group) Co Ltd, the two companies are also interested in the airport’s management. The Chinese chairmen stated that they intend to use their own funds in order to turn Greece’s main terminal into an international transit hub and an entry point for Chinese travelers to European countries. It is estimated that a tender for the sale of AIA’s majority stake could draw the attention of other foreign investors as well. The 55% percent stake is owned by the Greek state, but the Canadian companies who control 26.7% of the airport, reserve the right to reject any changes in the operating company’s share capital and have expressed their interest in raising their stake in AIA. The Greek government has launched a privatization program that is expected to generate revenues. However, so far privatization revenues are far less than those initially expected. According to the original terms of the bailout, Greece should have collected 22 billion euros. However, only 2.6 billion euros have been raised from asset sales since a European Union-IMF bailout began in 2010.
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Greece Additional Funding Talks After Summer
but that no money would need to be put on the table at that time. He said the euro zone would have to provide details of how much money they would give to Greece and how-—going beyond its usual commitment to keep Greece fully funded if Athens ...
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Papandreou Says He Created Surplus
Former Greek Premier George Papandreou, says it was his sticking to austerity that created a primary surplus now showing up for PM Antonis Samaras.
The post Papandreou Says He Created Surplus appeared first on The National Herald.
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Co-Pilot Hijacked Ethiopian Plane
An Ethiopian Airlines co-pilot hijacked a plane bound for Rome on Feb. 17 and flew it to Geneva, where he wanted to seek asylum, officials said.
The post Co-Pilot Hijacked Ethiopian Plane appeared first on The National Herald.
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Flu Kills 39 So Far in Greece
ATHENS – While Greece’s winter has been uncommonly mild so far – temperatures often in the 60′s – the season has taken a deadly toll in the number of flu victims, with 39 dead already and another 59 in intensive care units, officials at the country’s Center for Disease Control and Prevention (KEELPNO) said on […]
The post Flu Kills 39 So Far in Greece appeared first on The National Herald.
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Dijsselbloem sees Greek debt relief talks in August
KathimeriniDijsselbloem sees Greek debt relief talks in AugustKathimeriniThe date when troika inspectors will return to Athens is due to be agreed at the Brussels meeting and Schaueble indicated that tying up the loose ends from the adjustment program must be a priority for the Greek government. “Greece and the troika have ...No need for Greek debt aid talks before AugustGlobalPostNo need for Greek debt aid talks before August: EurozoneChannel News AsiaSchaeuble/Dijsselbloem: Too Early To Consider Addl Greek AidMNI NewsWall Street Journalall 12 news articles »
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More Aid for Greece to Be Decided 'After Summer'
Washington PostMore Aid for Greece to Be Decided 'After Summer'ABC NewsHe said there's currently no urgency since Greece's current 240 billion-euro ($330 billion) bailout program provides enough financing through the summer, provided the country meets its fiscal and reform targets. Dijsselbloem's remarks put an end to ...No need for Greek debt aid talks before August: EurozoneChannel News AsiaDijsselbloem sees Greek debt relief talks in AugustKathimeriniSchaeuble/Dijsselbloem: Too Early To Consider Addl Greek AidMNI NewsWall Street Journalall 10 news articles »
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Eurozone finance ministers' chief says decision on more aid for Greece not before fall
A top official for the 18-country eurozone is insisting a decision on more financial assistance or debt relief for Greece won't be made until "after the summer." Dutch Finance Minister Jeroen Dijsselbloem, who chairs the Eurogroup meeting of eurozone finance ministers, said Monday that Greece's debt burden "has to be reduced; the question is who does it and how to do it." He said there's currently no urgency since Greece's current 240 billion-euro ($330 billion) bailout program provides enough financing through the summer, provided the country meets its fiscal and reform targets.
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Greece’s School Community Against Student Profiling
The Greek education community is strongly reacting to a recent phenomena of police “interference” in schools. Jointly the Secondary School Teacher Union of Piraeus along with the Parent Association of Keratsini are going to demonstrate ...
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Greek Police: Demining NGO in $12 million fraud
ATHENS, Greece (AP) — Greek authorities say they have charged the head of a demining charity, his wife and seven other people with fraud and money laundering involving 9 million euros ($12 million) in public funding.
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Greek diplomats, demining NGO accused of multi-million-euro fraud
(ATHENS ) - Greek diplomats and the head of an anti-landmine charity were among eight people facing charges Monday for misappropriating some nine million euros ($12 million) in taxpayers' money destined for demining projects, police said.
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Luxurious Greek Yachts Remain Unsold
Greek ReporterLuxurious Greek Yachts Remain UnsoldGreek Reporteronassis Many luxurious yachts belonging to Greek tycoons remain unsold, many of which were built by some of Greece's most famous. The luxurious past of these yachts and their historic connection with the famous Greek tycoons doesn't seem to have much ...
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War Between Greek Doctors and Health Ministry
Greek ReporterWar Between Greek Doctors and Health MinistryGreek Reporterby Nikoleta Kalmouki - Feb 17, 2014. eopyy_ministry_390 The reforms in the primary healthcare sector has caused an intense conflict between the Greek Heath Minister, Adonis Georgiadis and the doctors of EOPYY, Greece's main public health care provider.and more »
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Taxes on Greek Property 7 Times Higher than 2009
Greek ReporterTaxes on Greek Property 7 Times Higher than 2009Greek Reporterreal_estate The number of Greek homeowners who will have to pay property taxes is reaching the 5.5 million mark. In 2014 property taxes are seven times higher than in 2009. Greek homeowners will have to pay 715 million euros in taxes while the ...
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Greece sticks to plan for bond sale in second half of 2014: government official
Athens was shut out of bond markets almost four years ago when its debt crisis erupted and it now survives on bailout aid from the euro zone and the International Monetary Fund. Greek media reports said earlier this month that the government was ...
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From 33000 visitors to 18 million: Greek tourism has come a long way
eTurboNewsFrom 33000 visitors to 18 million: Greek tourism has come a long wayeTurboNewsOf course, the situation in Greece at that time was totally different; the country was trying to heal its wounds caused by the Civil War and the World War while the Greeks were seeking better days. Even if the tourism enterprises in Greece were not ...and more »
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UNC would benefit from more Greek professorships
UNC would benefit from more Greek professorshipsThe Daily Tar HeelWith the creation of the Delta Kappa Epsilon Distinguished Professorship in 2000, DKE set a precedent for Greek organizations not only at UNC, but also across the country. As three sororities strive to emulate this professorship, more organizations ...
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Lemnos: a family holiday to the 'Greece of 30 years ago'
As our plane flew low over the arid Greek island of Lemnos, the wailing from the small boy behind us started. We peered out the windows at the scorched, dusty earth where peasant farmers have toiled for centuries, while the noise increased to a ...
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Greek January EU-harmonised deflation slows to -1.4 pct y/y
Greek consumer prices based on the EU-harmonised index fell in January, with the annual pace of deflation decelerating from the previous month, data by the country's statistics service showed on Monday. ...
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Greece: Survival of the leanest
Greece: Survival of the leanestThe LawyerAt the depth of Greece's debt crisis – when the euro was about to be chucked into the Aegean and the central bank was poised to press the print button on resurrected drachmas – German populist newspapers and MPs adopted the sensitive approach.
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Rehn concerned about Greek reforms but Regling upbeat on progress
KathimeriniRehn concerned about Greek reforms but Regling upbeat on progressKathimeriniIn an interview with Sunday's edition of Die Welt, Rehn said that the slowing pace of reforms was the main reason that the latest troika review of the Greek program has not been completed. “Greece has done a lot regarding fiscal consolidation and ...
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Greek politicians bicker over plans for direct election of MEPs
Speaking to EurActiv Greece, Greek MEP Marilena Koppa (Socialists & Democrats), said the direct election of MEPs would undoubtedly help Pasok and hinder the newly-established ‘58 Initiative’, a new centre-left movement formed by a group of professors ...
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Martin Callanan MEP: Greece's Prime Minister calls for more of the medicine ...
Martin Callanan MEP: Greece's Prime Minister calls for more of the medicine ...Conservative HomeWe've debated Greece in the European Parliament more times than I care to imagine. But this time it was with the Greek Prime Minister himself. He wasn't there to talk about Greece's economic woes, but about his country's turn at chairing the EU's ...
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Glenn Greenwald Among Four To Win Polk Award For Snowden Stories
NEW YORK (AP) — Four journalists who reported on the extent of the National Security Agency's secret surveillance based on documents leaked by Edward Snowden are among the winners of the 65th annual George Polk Awards in Journalism.
Glenn Greenwald, Ewen MacAskill and Laura Poitras of The Guardian and Barton Gellman of The Washington Post will receive the award for national security reporting for stories based on secret documents leaked by Snowden, a former intelligence analyst. The awards were announced Sunday by Long Island University.
Journalists who wrote about massive traffic jams caused by bridge lane closures in New Jersey, a catastrophic garment factory collapse in Bangladesh and the struggles of a homeless family in Brooklyn also will be among those honored.
The Polk Awards were created in 1949 in honor of CBS reporter George W. Polk, who was killed while covering the Greek civil war. This year's awards will be given out April 11. Kimberly Dozier of The Associated Press will read the citations at the ceremony.
James Yardley of The New York Times will be honored for foreign reporting for coverage of the Rana Plaza collapse in Bangladesh, which killed more than 1,100 clothing workers.
The award for national reporting will go to Eli Saslow of The Washington Post for stories about some of the 47 million Americans who receive aid from the federal food stamp program.
Shawn Boburg of The Record of Northern New Jersey will be recognized in the state reporting category for articles on lane closures on the George Washington Bridge in September that created a monumental traffic jam in Fort Lee, N.J., and set the stage for later stories on the involvement of New Jersey Gov. Chris Christie's office.
Andrea Elliott of The New York Times will receive the award for local reporting for "Invisible Child," her five-part series focusing on Dasani Coates, one of 22,000 homeless children in New York City.
The award for political reporting will go to Rosalind Helderman, Laura Vozzella and Carol Leonnig of The Washington Post for reporting on the relationship between former Virginia Gov. Bob McDonnell and a wealthy entrepreneur. Their stories spurred a federal investigation that resulted in a 14-count indictment of McDonnell and his wife, Maureen.
Two entries examining treatment of the mentally ill will share the award for medical reporting. Meg Kissinger of the Milwaukee Journal Sentinel will be honored for a series of stories on the Milwaukee County mental health system, and Cynthia Hubert and Phillip Reese of the Sacramento Bee will be cited for their expose of a Las Vegas psychiatric hospital's practice of exporting patients to locales across the country via Greyhound bus.
Reporters Frances Robles, Sharon Otterman, Michael Powell and N. R. Kleinfield of The New York Times will receive the award for justice reporting for uncovering evidence that a Brooklyn homicide detective used false confessions, tainted testimony and coercive tactics to convict dozens of defendants.
Tim Elfrink of the Miami New Times will receive the award for sports reporting for showing that Biogenesis, an anti-aging clinic in Coral Gables, Fla., supplied some of baseball's biggest stars with performance-enhancing drugs.
The George Polk Award for Business Reporting will go to Alison Fitzgerald, Daniel Wagner, Lauren Kyger and John Dunbar of The Center for Public Integrity for "After the Meltdown," a three-part series demonstrating that regulators have failed to hold a single major player on Wall Street accountable for the behavior that sparked the 2008 financial crisis.
Freelance reporter Matthieu Aikins will receive the award for magazine reporting for a Rolling Stone story that presented evidence that a 12-man U.S. Army Special Forces unit and their Afghan translators executed 10 civilians in the Nerkh district of Wardak province of Afghanistan. The Army has opened a criminal inquiry, and human rights organizations have called for impartial investigations.
The award for network television reporting will go to Michael Kirk, Jim Gilmore, Mike Wiser, Steve Fainaru and Mark Fainaru-Wada for "League of Denial," a "Frontline" documentary that on PBS that traced the National Football League's efforts to quash evidence linking head injuries suffered by players to the brain disease chronic traumatic encephalopathy.
Noah Pransky of WTSP, a CBS affiliate in the Tampa Bay, Fla. area, will receive the award for local television reporting for disclosing how state and local officials and a contractor bilked drivers out of millions of dollars in fines by reducing the period of time before yellow caution lights turn to red at intersections monitored by cameras.
Columnist, author and editor Pete Hamill will be honored with the George Polk Career Award, which is named in memory of Professor Robert D. Spector, chair of the George Polk Awards for 32 years until his death in 2009.
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Here Are All The Olympic Athletes Who Lost Medals For Doping Since 1968, And All The Drugs They Took
Fair play and ethical behavior are among the fundamental principles of Olympism laid out in the Olympic Charter. It is these lofty ideals conceived by Pierre de Coubertin that established the Olympics as the world's purest embodiment of sport with the first modern Summer Games in Greece in 1896.
Of course, the Olympics are also about winning medals for those athletes who spend years training for a shot at history. Over the decades, the allure of these precious medals has led many athletes to seek an illicit edge. Since the International Olympic Committee instituted drug testing for the 1968 Winter Olympics in Grenoble, dozens of athletes have been stripped of medals after testing positive for a banned substance. Below is a look back at the recent history of doping in the Olympics.See full-size image here. Infographic by Troy Dunham, research by Arman Wallia
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No, no, no, says German Chancellor Angela Merkel to more aid for Greece
Washington PostNo, no, no, says German Chancellor Angela Merkel to more aid for GreeceGreek ReporterMerkel overruled her Finance Minister, Wolfgang Schaeuble, who had said Greece might need another 10-20 billion euros ($13.63-$27.26 billion) before the May elections held for Greek municipal offices and the European Parliament, the newspaper der ...Merkel 'vetoes quick aid' for GreeceDigitalJournal.comGerman government dispute over child porn probeWPECall 152 news articles »
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Tension During Protests in Athens Toll Booths
More than 2,000 residents of the areas of Oropos, Kifissia, Tanagra and Kapandriti were gathered on Sunday at the toll booths in Aphidnes, reacting to the increase of toll rates announced by the Greek government. The police presence caused reactions. Some citizens tried to attack a police car but were stopped by the rest of the protesters. The protesters occupied the toll booths and lifted the bars allowing the drivers to pass without paying. The Greek Minister of Transport, Mihalis Chryssohoidis reported that the frustration of the citizens is understandable. However, he pointed out that the implementation of this measure is considered necessary. Last week the Greek government decided to increase the cost of the tolls in all motor-ways, nearly tripling the prices. Greek Transport Minister stated on Friday that the toll increases were part of the contract signed with the motorway operators in 2007. On February 9, a group of 500 anti-government protestors reacting to government’s decision, set fire to a toll booth on a motorway east of Athens, Greece. The demonstrators blocked the motorway, set fire to tires and chanted slogans against the Greek government.
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Deutsche Telekom to Increase Stake in OTE
Germany’s major telecommunications company, Deutsche Telekom, is about to increase its existing 40% stake in OTE, buying a further 10% from the Greek government. As reported by the Greek media, Greece and Deutsche Telecom have reached an agreement. However, the Greek Finance Ministry has not yet commented on the matter. OTE’s worth in the Athens Stock Exchange stands at 6.1 billion euros, giving the stake a market value of about 610 million euros. The Greek state owns 6% of the stake while the remaining 4% is owned by IKA the largest state-run social security organization. Deutsche Telekom with a 40% stake bought in 2008, has a right of first refusal if the Greek government decides to sell any more shares. The remaining 50% is owned by smaller private shareholders. Selling OTE stakes wasn’t in the initial plans of the Greek government when it launched a privatization program as they wanted to have a minimum say in the operation of Greece’s biggest telecoms company. However, so far privatization revenues are far less than those initially expected. According to the original terms of the bailout, Greece should have collected 22 billion euros. However, only 2.6 billion euros have been raised from asset sales since a European Union-IMF bailout began in 2010.
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Lenten Recipe 2: Krithari with Spinach, Greek Sea Salt, and Butternut Squash
This is the perfect recipe to bridge winter and spring. Butternut squash is plentiful and can still be found at farmers markets, while spinach is letting us know that spring is right around the corner. Serves 4-6 Ingredients: 2 tablespoons grape seed oil (omit for strict fast) 1 small butternut squash (about 11/2 pounds)—peeled, seeded, and cut […]
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