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How the world sees Greece
Tuesday, June 10, 2014
The futures of Greece and China lie in the sea
KathimeriniThe futures of Greece and China lie in the seaKathimeriniServing as Chinese ambassador to Greece, I have enjoyed more opportunities to be close to the sea and to contact people from sea-related circles. My thinking and sentiments have hence headed towards the sea, and one perception is gradually becoming ...
Greece Tops Lonely Planet’s ‘Best in Europe’ List
The editors of the famous travel guide “Lonely Planet” are predicting that Greece will be the top travel destination in Europe this year, as the country is recovering from financial crisis. “Greece’s ongoing financial crisis has caused visitor ...
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This Chart May Drive A Stake Through Austerity Cheerleaders
Remember 2010, when everyone was arguing about whether governments hit by the Great Recession should be cutting their way back to health?
Here's a chart that shows the cutters were probably wrong.
The Center for Economic And Policy Research's Ben Wolcott has calculated the magnitude of countries' attempts to balance their books through austerity, versus ones that took a less severe approach.
"...If the pain caucus predictions were correct, we would expect to see a strong positive correlation between changes in the structural balance and employment rate," he writes. "In this worldview, as countries like Greece and Spain cut their budgets in order to qualify for international support, increased confidence in financial markets would return them to full employment quickly."
That didn't happen. The X-axis below shows the extent to which countries tried to achieve greater structural (i.e. non-cyclical) fiscal "balance" through spending cuts and tax increases. The Y-axis shows employment. Nearly every country that kept government spending mostly the same, or even increased it, in the throes of the Great Recession now has higher rates of employment four years on.
Those who attempted to convince the market of its fiscal discipline do not.
Wolcott:
This image very crisply suggests what Keynesians have been arguing in more nuanced ways for four years, namely that many countries cut fiscal spending too soon, prolonging the negative impacts of the Great Recession for workers.
Wolcott goes no to note how this phenomenon has played out in Japan:
No country has a debt level anywhere near Japan’s which is now approaching 250 percent of GDP. Nonetheless the country’s new Prime Minister, Shinzo Abe, pushed through a vigorous stimulus program that began to take effect early in 2013. The economy responded as would be predicted by textbook Keynesian economics, growth accelerated, the inflation rate increased modestly, and the employment to population ratio rose by 1.7 percentage points, the equivalent of 4 million new jobs in the United States.
No one is suggesting fiscal discipline is never called for. But this chart shows that it's a really bad idea to go for it when everything is collapsing.
SEE ALSO: Every Worker In America Should Love This Chart
Join the conversation about this story »
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Golden Dawn MP Nikos Kouzilos in Jail
Nikos Kouzilos is the seventh Member of Parliament for Golden Dawn to see his way to jail. The MP is suspected of committing new offenses. After the Member of Parliament’s deposition the investigating judges and the prosecutor will address charges of joining and directing a criminal organization and he will be detained in custody. In the Golden Dawn case files there are clues and photographs in particular, that prove Kouzilos’s participation in the attacks at the anarchist’s hangout “Resalto,” four months after Pavlos Fyssas was murdered. In a statement, Elias Kasidiaris referred to the detaining of the MP’s as a crime of justice and as an art of dictatorship by Samaras and Venizelos. He also said that the more members of Golden Dawn taken into custody, the easier it could be for the other parties to approve measures that are potentially harmful to the Greek nation.
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Mount Athos Area Kouzina 2014 Presents Food From Asia Minor
Members of the Cultural Club of Nea Roda in Chalkidiki, northern Greece, presented traditional cuisine from Asia Minor to 40 representatives of European tourism offices and 6 Turkish Media representatives. From June 2-8, the event “Mount Athos Area Kouzina 2014,” was dedicated to the traditional cuisine of Asia Minor and Pontos. The events were hosted in Ouranoupoli, Nea Roda and Ammouliani, combining flavors from Mount Athos and Asia Minor. The Women’s Agricultural Cooperative of St. Anthony delivered lessons of Pontiac cuisine and offered the attendees traditional food. The Cultural Association of Ammouliani presented traditional recipes such as the famous dolmades (stuffed vine leaves) and the authentic Asia Minor macaroons, a recipe brought from Proikonisos of Asia Minor. The six Turkish media representatives visited Sidirokafsia, Byzantine silver and goldmine and Ottoman mint east of Thessaloniki, and coastal areas of Chalkidiki. The theme of “Mount Athos Area Kouzina 2014,” dedicated to Asia Minor was supported by the “Turkish Airlines” and “Ambotis Tours.” The next theme of the event taking place from June 9-15, is dedicated to the Mediterranean and especially the French cuisine. The events will be held in collaboration with the French Cuisine Festival and SOPEXA, an international marketing agency founded by the French Ministry of Rural development promoting French agricultural products in foreign markets.
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Airline from United Arab Emirates Seeking Greek Staff
After Emirates and Ryanair, Etihad Airways, the airline of the United Arab Emirates, announced its intention to proceed with the hiring of 200 Greek employees. Those interested in applying are required to have previous work experience in the tourism sector. The company will choose staff during “Career Day” which will be held on Monday, June 16 in Athens, Greece. During the event, experts of Etihad Airways will provide the attendees detailed information about life in Abu Dhabi and the potential of the proposed job. The company, which employs about 4,000 workers from 110 countries, is looking for cabin crew, food and beverage managers and inflight chefs. Those interested in participating can register on the company’s website. Cabin crew members are provided with medical insurance and accommodation in fully furnished units of the company. New cabin crew members will undergo a seven-week training program conducted at Etihad Airways’ state-of-the-art Training Academy in Abu Dhabi. More than 100 Greeks are currently working for Etihad Airways, including 38 core staff, 37 cabin crew and 35 pilots. Etihad Airways commenced operations to Athens in June 2009, and since then has transported almost 400,000 guests. From July 2, 2014, the airline will increase its current daily Athens-Abu Dhabi services from 7 to 10 per week in order to meet the increased demand.
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Annual Greek Festival is June 13-14
RACINE — The 49th annual Greek Festival will be held Friday through Sunday, June 13-15, at the Kimissis Greek Orthodox Church, 1335 S. Green Bay Road. The event features traditional Greek food including gyros, saganaki (flaming cheese), dolmathes ...
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Ten-year Greek bond yields drop to level unseen since Jan 2010
The European Central Bank’s pledge to keep rates at historic lows for some time has fueled demand for the higher-yielding bonds of some of the bloc’s weakest members.
Yields on 10-year Greek bonds dropped to as low as 5.48 percent, a level not seen since ... ...
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Greek university admin staff to start 3-day strike
University administrative staff are due to begin a three-day strike on Wednesday.
They are protesting the fact that colleagues who were placed in a labor pool late last year have not yet been transferred to other positions and are in danger of being dismi... ...
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Greece's Supreme Court due to rule on sacked cleaners
The Supreme Court is expected to decide by Thursday whether the Finance Ministry will be able to temporarily ignore a ruling from a lower court ordering it to rehire some 400 sacked cleaners.
The ministry is seeking a temporary suspension of last month’s ... ...
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'Restaurant Impossible' show to feature Hudson's Portu-Greek Cafe Wednesday
'Restaurant Impossible' show to feature Hudson's Portu-Greek Cafe WednesdayTampabay.comThe episode, "No Day at the Beach," will feature Irvine's attempt to rescue Portu-Greek Cafe from collapse. According to the reality show's website, the family business is in jeopardy because of 54-year-old patriarch Jordan Lindiakos' differences with ...
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Greek yogurt maker reorganizes in New York state
IdahoOnYourSide.comGreek yogurt maker reorganizes in New York stateIdahoOnYourSide.comSOUTH EDMESTON, N.Y. (AP) -- Greek yogurt maker Chobani says it will end up with more full-time workers after eliminating fewer than 100 jobs at its upstate New York plant and adding jobs at its nearby headquarters and in New York City. Chobani ...NAD Issues Split Decision In Greek Wrestling Match Over Taste Test, Social ...Mondaq News Alerts (registration)all 8 news articles »
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Maniatis backs Greece to cause a stir
Al Jazeera AmericaManiatis backs Greece to cause a stirSoccerwayDespite not being among the favourites for the competition, Greece have a reasonable chance of progressing through a fairly evenly-matched group that includes Colombia, Ivory Coast and Japan. Maniatis believes his team-mates have what it takes to upset ...Team profile: GreeceAl Jazeera Americaall 2 news articles »
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Buena Vista Social Club Adios Tour in Greece
Buena Vista Social Club, the eldest music band in the world is finally going on its last tour. As part of their “Adios Tour” the band will perform all around the world for the next two years. Most of the band’s musicians have been performing and recording for over 60 years. Fifteen years ago, they were discovered by Wim Wenders, a famous German director who made a documentary about the band entitled “Buena Vista Social Club” in 1999. Many notable members of the group have now passed away, and that is the reason that the remaining members have decided to end their musical career on their own terms. Their “Adios Tour” will begin on June 25 in Prague, while in July the group will travel all around Europe performing in various countries. On July 5, they are scheduled to perform in Thessaloniki, at Dassous Theater, on July 7 at Klisto Neapolis in Larissa and on July 8 they will conclude their tour within Greece with a performance in Petras Theather, Athens. On April 5, 2015, the music band will restart the tour in London’s Royal Albert Hall. The band’s female lead singer, Omara Portuondo, said the goodbye would not to be true, during an interview in Suenacubano. She noted that as a group they are planning on continuing to exchange culture and love. “We will always defend Cuban music and the music of the world,” she said.
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Samaras’ Reworked Cabinet Sworn In
ATHENS – Greek Prime Minister Antonis Samaras’ partially new, revamped Cabinet was sworn in on June 10 as he attempts to recoup ground his New Democracy Conservatives lost to the major opposition Coalition of the Radical Left (SYRIZA) party which won the most seats from Greece in the European Parliament. The new members, many of them retreads from New Democracy and its partner the PASOK Socialists, were sworn in at the Presidential mansion, in the presence of President of the Republic Karolos Papoulias and Samaras. Conducting the swearing-in ceremony was Archbishop of Athens and All Greece Ieronymos. Several ministers and deputy ministers were replaced in a government reshuffle announced the day before, bringing changes in key ministries and several surprise departures and additions. The top job of Finance Minister went to economics professor and banker Gikas Hardouvelis. He replaces Yannis Stournaras, who had been the country’s point man in negotiations – a task that now falls to Hardouvelis – with its international lenders, the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB.) Stournaras has been talked about as the new Bank of Greece Governor. The last reshuffle of the incumbent New Democracy (ND) – PASOK coalition government took place in June last year – which came a year after Samaras’ first Cabinet when he won the national elections. This now gives him three Cabinets in two years. Last year he brought in the Democratic Left (DIMAR), which later withdrew in protest over the firing of all 2,656 workers at the now-defunct national broadcaster ERT, which has been replaced by a new station called NERIT. PASOK chief Evangelos Venizelos keeps his positions as Deputy Premier/Foreign Minister, given after he continued to back harsh austerity measures that devastated his party’s popularity but gave him plum jobs. Dimitris Avramopoulos (Defence Minister), Miltiadis Varvitsiotis (Shipping & Aegean Minister) and Olga Kefalogianni (Tourism Minister) are among the ministers who retain their portfolios. On the other hand, Adonis Georgiadis (former Health Minister), Constantinos Arvanitopoulos (former Education and Religious Affairs Minister), Yiannis Michelakis (former Interior Minister), Costis Hatzidakis (former Development & Competitiveness Minister), Panos Panayiotopoulos (former Culture and Sports Minister), Athanassios Tsaftaris (former Rural Development and Food Minister) and Simos Kedikoglou (former Government Spokesman and Deputy Minister to the Prime Minister), are some of the prominent members of the government who lost their jobs in a shakeup. The new Cabinet, as announced by the new government spokesman, Sofia Voultepsi, will be the following: Prime Minister: Antonis Samaras Government Vice-President and Foreign Minister: Evangelos Venizelos Deputy: Dimitris Kourkoulas Deputy: Akis Gerontopoulos Finance Minister: Gikas Hardouvelis Alternate: Christos Staikouras Deputy: Giorgos Mavraganis Administrative Reform and E-Governance Minister: Kyriakos Mitsotakis Deputy: Evi Christophilopoulou Interior Minister: Argyris Dinopoulos Alternate: Theofilos Leontaridis Deputy: Giorgos Dolios National Defence Minister: Dimitris Avramopoulos Alternate: Fofi Genimata Deputy: Giannis Lambropoulos Development and Competitiveness Minister: Nikos Dendias Deputy: Odysseas Constantinopoulos Deputy: Gerasimos Giakoumatos Deputy: Notis Mitarachi Infrastructure, Transport and Networks Minister: Michalis Chryssohoidis Deputy: Michalis Papadopoulos Environment, Energy & Climate Change Minister: Yiannis Maniatis Alternate: Nikolaos Tagaras Deputy: Asimakis Papageorgiou Education and Religious Affairs Minister: Andreas Loverdos Deputy: Alexandros Dermetzopoulos Deputy: Constantinos Koukodimos Culture and Sports Minister: Constantinos Tassoulas Deputy: Angela Gerekou Deputy Minister for Sports: Yiannis Andrianos Labour, Social Security and Welfare Minister: Yiannis Vroutsis Deputy: Vassilis Kegeroglou Deputy: Antonios Bezas Deputy: Yiannis Plakiotakis Health Minister: Makis Voridis Alternate: Leonidas Grigorakos Deputy: Katerina Papakosta Rural Development and Food Minister: Giorgos Karasmanis Alternate: Paris Koukoulopoulos Justice, Transparency and Human Rights Minister: Charalambos Athanassiou Public Order and Citizen Protection Minister: Vassilios Kikilias Tourism Minister: Olga Kefalogianni Shippping and Aegean Minister: Miltiadis Varvitsiotis Macedonia-Thrace Minister: Giorgos Orfanos State Minister: Dimitris Stamatis Government Spokesman and Deputy Minister to the Prime Minister: Sofia Voultepsi
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Our big fat Greek privatisation scandals
Our big fat Greek privatisation scandalsAljazeera.comThe idea that Greek Prime Minister Antonis Samaras' government has been successful has already been debunked. Part of this spin though, one of these supposed successes of the government, is its privatisations programme, a part of Greece's bailout deal.
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Tasty Greek Yogurt Covered Craisins®
Greek Yogurt Covered Craisins® yum! It’s time for some healthy summer snacks. Sure you can have fruit and other items but the joy of summer is mixing things up. That’s where Greek Yogurt Covered Craisins® comes in. A nice burst of sweet with a fun ...
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IMF Likes Greek Progress, Frets On Debt
The IMF says Greece has made "significant progress" in reforming its economy but much remains to be done to pull itself out of its financial crisis.
The post IMF Likes Greek Progress, Frets On Debt appeared first on The National Herald.
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Greece country profile
Provides an overview of Greece, including key events and facts about this European country
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IMF board member criticizes Fund's Greece program
The International Monetary Fund said Tuesday that Greece has made "significant progress" in repairing its economy, but warned it risked falling behind in reforms needed to make its massive national debt sustainable.
In a report, the IMF said Greek debt is... ...
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Panathinaikos brings in coach Ivanovic
Panathinaikos announced on Tuesday the hiring of Montenegrin coach Dusko Ivanovic for the next couple of years, as the Greek champion and cup holder has chosen to revert to a tried and tested solution instead of extending the spell of its former captain F... ...
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Soviet hockey greats in curtainup for Moscow film festival
pMOSCOW June 10 ITARTASS This years program for Moscows international film festival opens on June 18 with a RussiaUS documentary about Soviet era hockey event promoter Kirill Razlogov told reporters on Tuesdayp
particle_photo731940US documentary about legendary Soviet hockey squad set for debut at Cannesright50Red Army relates the story of the sports most successful team ever to represent its country Razlogov told a news briefing at ITARTASSp
pUnveiling the lineup of films numbered in hundreds until June 28 curtainup will also stage US scifi Dawn of the Planet of the Apes starring Gary Oldmanp
pFifteen films are currently in line for the general competitive program Russia is represented by female director Valeria Gai Germanika presenting Yes and Yes her love tale of romance between an artist and a school teacherp
pRussian film director Gleb Panfilov will lead a festival jury panel assembling German actress Franziska Petri Georgian film director Levan Koguashvili and French film producer Loren Danilu among othersp
pEntries include Hafsakat Esh The Refuge Israel Gozumun Nuru The Light of My EyesTurkey Brothers The Final Confession Ukraine Hardcore Disco Poland My Man Japan The Sentimentalists Greece The Green Pomegranates Iran The Reporter The Netherlands and Joryu Ingan Of the Feathered Race South Koreap
pRetrospectives public and VIP showings are scheduled alongside a news media forum and contests for short films and documentaries say planners of this 36th event to bring the world of the silver screen to Moscows capitalp
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LAGFF Honors Greek Cinema, Hollywood Producers
VarietyLAGFF Honors Greek Cinema, Hollywood ProducersVarietyA dark tale that begins with the suicide of a girl who jumps off a balcony during her 11th birthday party earned the Orpheus Award for best feature at the 8th annual Los Angeles Greek Film Festival on Sunday night. “Miss Violence,” the second outing ...LA Greek Film Festival: Orpheus Award Winners and Red Carpet InterviewsGreek Reporterall 3 news articles »
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Financial Times: Investors Return to Greece
“As confidence in the eurozone has risen, investors have returned to Greece,” says a recent article by Financial Times entitled “Greece: hit or myth.” According to the article the Hellenic Telecommunications and Public Power Corporation (PPC) have ...
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Yaya Toure injury doubt for opening game against Japan
Ivory Coast's African Player of the Year Yaya Toure is doubtful for their opening World Cup group game with Japan on Saturday, coach Sabri Lamouchi told the Ivorian press on Tuesday. The 31-year-old Manchester City star -- whose performances and 20 goals for his club last season were instrumental in bringing them the Premier League title -- is still struggling with a hamstring injury he suffered in the title deciding win over West Ham on the last day of the league season. Toure, who could be in line to be named African Player of the Year for a fourth time based on his performances for Manchester City, is pivotal to Ivory Coast's hopes of reaching the knockout stages for the first time. They failed to progress from the group stage in 20006 and 2010 but Lamouchi's side have been given a kinder draw this time round with aside from Japan their other opponents being Colombia, who are missing their talismanic striker Radamel Falcao, and goalshy Greece.
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IMF sees progress in Greece, still worried on debt
ATHENS, Greece (AP) — The International Monetary Fund said Tuesday that Greece has made "significant progress" in repairing its economy, but warned it risked falling behind in reforms needed to make its massive national debt sustainable.
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E3 2014: Game developer Ready at Dawn rolls the dice with ‘The Order: 1886′
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Ish: How A Suffix Became A Word
...d to similar such suffixes in Dutch (- isch ) and Greek (- iskos )....
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Greece's new cabinet sworn in
Greek President Karolos Papoulias presided over the swearing-in ceremony of the cabinet at the Presidential Palace in central Athens shortly after 3.30 p.m. on Tuesday, following a reshuffle announced by the coalition government on Monday which saw severa... ...
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Japan pinning its World Cup hopes on Honda and Kagawa finding their form in Brazil
by
Associated Press
Japan counting on Honda and Kagawa at World Cup
by JOJI SAKURAI, Associated Press - 10 June 2014 10:08-04:00
SOROCABA, Brazil (AP) — One is a bleach blond dynamo who combines street muscle with a creative touch. The other is a featherweight who darts in and out of impossible spaces wearing a mischievous grin.
Keisuke Honda and Shinji Kagawa are Japan's biggest stars — and the heart of their team's attack.
Both are coming off disappointing seasons with their European clubs, Honda at AC Milan and Kagawa at Manchester United. Honda fell far below the hype that accompanied him when he left CSKA Moscow in January to be Milan's new No. 10. Kagawa had a season of frustration at Old Trafford as he struggled to get playing time under new manager David Moyes.
That could be a worry for Japan as the players prepare for the World Cup, hoping to make the knockout stages. It could also be an advantage: Low expectations, fresh legs and, above all, something to prove may be a winning formula for this duo in Brazil.
"The important stuff starts from now," Kagawa told reporters after Japan's first training session in Sorocaba, Brazil on Sunday. "All my body is thinking about is the first game."
If Honda and Kagawa find their form at the World Cup, they will cause trouble for their opponents.
Both are creative players who have an almost clairvoyant understanding of one another. The pinpoint passing and flowing attacks that have become the signature of Italian coach Alberto Zaccheroni's Japan are orchestrated by these two complementary talents.
"Honda is so physical and dynamic," said Japan-based football writer Andrew McKirdy. "And players like Kagawa who are very nimble and sharp . can profit from feeding off Honda's movements."
The players' struggles this season were not entirely of their own making.
Honda arrived at a Milan in turmoil. The one-time formidable champions were languishing in the middle of the Serie A table. Adding to the challenge of adjusting to a new league in mid-season, Milan sacked manager Massimiliano Allegri the day Honda made his Italian league debut.
New coach Clarence Seedorf, who was sacked by Milan on Monday, played Honda on the side, an unnatural position for a player who thrives in the central midfield position.
Kagawa also was shunted to the side whenever Moyes chose to play him. He showed some of the touches of class that made him a star at his former club Borussia Dortmund, where he won the Bundesliga twice. But he never won the respect of Moyes, whose troubled stewardship of Manchester United after the departure of Alex Ferguson created a difficult environment in which to make an impact.
Kagawa weighed up the pressures of playing for a top Premier League team with representing Japan after training on Monday.
"For Japan, you bear the expectations of the country, so it's a different kind of pressure," Kagawa said. "On a day to day level at Manchester United, they're always demanding results and you're competing with lots of players."
The players also have personalities that complement one another. Kagawa brings a touch of mischief to the pitch and off of it — making him a popular presence in the changing room.
At a Christmas party for United, Kagawa had his teammates in stitches by cranking up the music and dancing Gangnam Style.
Honda exudes a certain arrogance in a nation that prizes humility, yet he seems to be an inspiration to his fellow Japanese players.
Days after Goldman Sachs gave Japan exactly "zero percent" chance of winning the World Cup, Honda told Japanese media that the Blue Samurai could go all the way.
That's almost certainly a day-dream.
But Japan does have the potential to pull off one or two surprises, and has every chance of emerging from a Group C that also features Colombia, Ivory Coast and Greece.
Much will depend, though, on whether this Honda can find his form and become his team's Ferrari.
News Topics: Sports, 2014 FIFA World Cup, FIFA World Cup, Men's soccer, Professional soccer, Soccer, International soccer, Events, Men's sportsPeople, Places and Companies: Keisuke Honda, David Moyes, Alberto Zaccheroni, Massimiliano Allegri, Clarence Seedorf, Alex Ferguson, Japan, Brazil, New Hampshire, East Asia, Asia, South America, Latin America and Caribbean, United States, North America
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Tadley family fly to Greece to hear appeal
Newbury Weekly News GroupTadley family fly to Greece to hear appealNewbury Weekly News GroupA TADLEY family flew out to Greece today (Tuesday) to hear the appeal into the six-year jail sentence given to the taxi driver convicted of their son's manslaughter. Robert Sebbage, aged 18, the son of Andy and Rhian Sebbage, of Weyhill Close, was ...
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Greece: Grounds for Cautious Optimism
Substantial progress on restoring fiscal and external sustainability Economy set for positive growth in 2014, for the first time since 2007 Robust growth requires boosting structural reform efforts Greece has made substantial progress on fiscal and ...
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Greece: IMF Pleased With Progress, Worried on Debt
Economic TimesGreece: IMF Pleased With Progress, Worried on DebtABC NewsThe International Monetary Fund says Greece has made "significant progress" in reforming its economy and has performed better than expected on some fiscal targets, but much remains to be done for the country to pull itself out of its financial crisis ...IMF warns of reform fatigue holding back GreeceReuters UKGreece: Grounds for Cautious OptimismInternational Monetary FundIMF: Greece Needs New Debt Deal To Meet Long Term TargetsMNI Newsall 8 news articles »
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IMF warns of reform fatigue holding back Greece
Greece needs to improve the efficiency of its public sector dramatically to meet fiscal targets and avoid new austerity measures, the International Monetary Fund said on Tuesday. It cautioned that reform fatigue had set in among the ruling coalition. "Adjustment fatigue has set in and the coalition government has a reduced majority of just two seats in the 300-member parliament," the IMF said in ...
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Yasso® Frozen Greek Yogurt Founders Named Finalists for EY Entrepreneur Of The Year™ New England Region Awards
BOSTON, June 10, 2014 /PRNewswire/ -- Drew Harrington and Amanda Klane, founders of Yasso® Frozen Greek Yogurt, the fast-growing, first-to-market frozen Greek yogurt bar that's made its way into 14,000 stores across the nation in three short years, have been named finalists for one of the country's most prestigious business awards: the EY Entrepreneur Of The Year™ 2014 Award. Yasso's sales have ...
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The Greek Gods® Brand & Ultramarathon Man Dean Karnazes To Particpate In The Roman Meal Sound 2 Narrows 12k
BOTHELL, Wash., June 10, 2014 /PRNewswire/ -- The Greek Gods® brand spokesman Dean Karnazes will participate in Washington State's oldest 12k race--The Roman Meal Sound 2 Narrows. 2014 marks the 42 nd year for the race, which winds through scenic ...
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Great opportunities for Greek organic products in Sweden
On 6 May 2014, an event was held in a central Stockholm restaurant for the promotion of Greek organic fruits and vegetables in Sweden. Stavros Stavrakis, Executive Officer of ISD, said that "consumers in Sweden have focused heavily on healthy eating and ...
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17 Immigrants Collected off Farmakonisi Coast
On Tuesday morning, June 10, the Greek Coast Guard collected 17 immigrants from the sea, in the northeast of Farmakonisi. The immigrants had no legal documents in their possession. The immigrants jumped in the water after their boat flooded and it seemed impossible for them to stop the water inflow. Farmakonisi is a small Greek island of the Dodekanese, in the Aegean Sea. It is also commonly known as Farmakos and Farmacusa. All immigrants are in good health condition and they are currently being transferred to Leros, Greece. A few months ago, twelve immigrants, including children, were killed in the same area when the Greek police authorities tried to evict them from the Greek maritime area.`
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International Media Praises New Greek Finance Minister
On Monday, June 9, Greek Prime Minister Antonis Samaras announced the changes he made to his Cabinet. A major change that has been discussed in both Greek and foreign media is the appointment of Gikas Hardouvelis, as Finance Minister. According to the British newspaper The Guardian, “Antonis Samaras, has forged ahead with a wide-ranging reshuffle, appointing a non-partisan US-trained academic as finance minister in an attempt to rejuvenate a government clinging to power with a majority of two.” Furthermore, the article added that “Hardouvelis, a no-nonsense reformer, assumed the post at a particularly sensitive moment as Greece prepares to embark on debt negotiations with the foreign lenders.” Moreover, the American New York Times mentioned in an article about the new Cabinet that Hardouvelis will “try to enact a tough economic reform program that has been imposed by the country’s international creditors in exchange for continued rescue loans.” However NYT did not fail to mention that Yannis Stournaras was the one who managed to lead Greece back into the international bond market. The Wall Street Journal wrote that the Cabinet reshuffle is a way for the Greek government to win back some of its popularity after the EU elections in May. Furthermore, in regards to Gikas Hardouvelis the article mentioned: “The appointment of Mr. Hardouvelis, who is an experienced technocrat with a long background in government, is seen as signaling a continuation in Greece’s reform efforts.” According to WSJ, Hardouvelis’ role will be twofold: he will have to push “through a number of difficult overhauls in the months ahead,” while he will also have to nurse “Greece’s recession-ravaged economy back to growth.” Finally, an article in the Chinese online newspaper china.org.cn referred to the reshuffle as Samara’s attempt to “breathe new life” into the coalition government.
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And the top spot in Europe is ...
CNNAnd the top spot in Europe is ...CNN(CNN) -- Greece and Italy may seem like obvious choices for the discerning traveler because of their ancient attractions, spectacular cuisine and laid-back culture. Yet even those popular spots have corners yet to be discovered by the traveling masses.Lonely Planet sees Greece as top European destination in 2014KathimeriniLonely Planet's picks of top European destinations 2014The Malay Mail Online#SummerTravel: The 10 Best Places in Europe to Visit Now, via Lonely PlanetYahoo Travelall 6 news articles »
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Euro zone interbank lending rate hits low as ECB moves bear fruit
Reuters BlogsEuro zone interbank lending rate hits low as ECB moves bear fruitReuters... * Spot Eonia falls to record low. * ECB rate cut, liquidity injection still to take effect. * Forward breakevens rise with inflation outlook. * Greek yields drop, Cyprus plans comeback (Adds fresh quotes, updates prices). By John Geddie. LONDON, June 10 ...Euro suffers as bond yield gap with US widensReuters IndiaEuro Declines Against MajorsRTT NewsECB's Makuch says bank ready do to more if neededBusiness RecorderTrefis -CNBC.com -Economic Timesall 377 news articles »
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More Illegal Than Legal Greek Gambling
Despite having a legal gambling monopoly, OPAP, and casinos, Greece is losing money to an underground gambling sector that is even bigger and growing fast.
The post More Illegal Than Legal Greek Gambling appeared first on The National Herald.
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Greece Europe’s Top 2014 Destination
Greece's standing as a hot spot got another bump when editors of travel guide Lonely Planet said it would be Europe's favorite destination this year.
The post Greece Europe’s Top 2014 Destination appeared first on The National Herald.
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This Day in Greek History: Alexander the Great Dies
On either June 10 or June 11 of 323BC (accounts vary about the exact date), Alexander the Great, the Macedonian King who literally conquered the world, died in Babylon at age 32. Alexander defeated the Persian Empire and established the Corinthian League. Though a very young man, he had managed to unite all of Greece. […]
The post This Day in Greek History: Alexander the Great Dies appeared first on The National Herald.
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Father’s Day Recipe: Classic Eggs Benedict
Treat Dad to an entree fit for a king this Father’s Day – classic Eggs Benedict, with an organic bonus. Besides the countless health benefits to eating organic, the food tastes better, too. The closest thing in the United States to eggs that taste as fresh as the ones in Greece are organic ones. They’re […]
The post Father’s Day Recipe: Classic Eggs Benedict appeared first on The National Herald.
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DIMAR Adrift, Eyes Alliances
The floundering Democratic Left (DIMAR) is eying political alliances with several other parties in an attempt to keep itself from vanishing.
The post DIMAR Adrift, Eyes Alliances appeared first on The National Herald.
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LA Greek Film Festival: Orpheus Award Winners and Red Carpet Interviews
The 8th annual Los Angeles Greek Film Festival (LAGFF) announced the 2014 Orpheus Award winners at its star-studded closing-night ceremony produced by Dorothea Paschalidou and directed by Greek actor Giorgos Karamihos on Sunday, June 8. Many important ...
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Doctors give Venizelos all clear after hospital tests
Deputy Prime Minister Evangelos Venizelos has been given the all-clear by doctors to attend the swearing ceremony for the new Greek cabinet on Tuesday afternoon after being admitted to the hospital earlier the same day.
The PASOK leader was admitted to th... ...
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Lonely Planet sees Greece as top European destination in 2014
Editors of travel guide Lonely Planet are predicting that Greece will be the top travel destination in Europe this year, as the country shows strong signs of bouncing back from a turbulent few years marked by political instability and anti-austerity prote... ...
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Greece sells 1.625bn euros of 6-month T-bills, yield falls
Greece sold 1.625 billion euros ($2.21 billion) of six-month treasury bills on Tuesday, the country's debt agency PDMA said.
The T-bills were priced to yield 2.15 percent, down 55 basis points from 2.70 percent in a previous sale in May.
The sale's bid-co... ...
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