How the world sees Greece
Hundreds of protesters gathered in Brussels on Wednesday against austerity, in order to support the Greek government in its negotiations with its counterparts, outside the European Commission. Juan Domingo Sanchez from Podemos Brussels said: "Our goal tonight is to support Mr ...
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Stocks, euro edge lower ahead of euro zone meetings on Greece * Dollar mostly higher with yields, oil struggles to bounce * Russian, Ukraine markets ...
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Most people know that fish dishes pair well with white wine while a classic red will taste delicious with steak. But what kind of wine should you buy if you're ordering burgers, gyros, or sushi? We spoke with Jeremy Block, an oenophile and owner of Some Good Wine in New York, about what wines go best with our favorite takeout foods. Keep reading to never pair your dinner with the wrong wine again. If you’re ordering Chinese food, try Vouvray. Chinese food has a lot of flavors and spices that are not normally seen as "wine friendly." Most people wouldn't reach for a wine at all and instead down their food with a light beer. But Vouvray is the way to go. This undervalued French white wine comes from the north banks of the Loire Valley and has a little more body than a Riesling, according to Block, which will pair well with meat-heavy Chinese dishes. "With subtle sweetness that is blissfully honeycombed, you have something to counteract the inevitable umami and hot spice," Block said. Suggestions: Francois Pinon Vouvray ($24) or Domaine Viking Vouvray Sec Tendre ($24) If you’re ordering pizza, drink Frappato. Block said that when it comes to pizza, “there is no right answer.” Really, almost any red will do with this classic dish. But if you're looking for the perfect complement, Block recommends Frappato, a light-bodied red from Sicily that has just the right fruity notes. “The fresh raspberries, smoke, and juicy acid elevate tomatoes and mozzarella to new and transcendental heights," Block said. Suggestions: Valle Dell'Acate Frapatto ($20) or Arianna Occhipinti Frapatto ($40) If you’re ordering Mexican food, try Barbera d’Asti or Alba. Because Mexican food can have a lot of flavors and spices, Block said you need something that cuts through it for a refreshing taste. “Barbera with a slight chill has the perfect quenching acidity to counteract the intense and layered spices," Block told us. There are two types of Barbera wine: D'Asti or Alba. Both are fruity red wines from the Piedmont region in the eastern US, though some experts believe Asti is a little lighter than the fuller-bodied Alba. Suggestions: Corino Giovanni Barbera d'Alba ($17) or Ca Biancia Barbera d'Asti ($20) If you’re ordering burgers, pair them with some Grenache. Block said his choice might be controversial in the wine community (or beer community, depending on who you ask), but that Grenache will complement burgers very well. It's a medium-bodied fruity red wine with cinnamon notes that brings out the taste of spices, roasted meats, and vegetables. “With fleshy tannins and austere acidity, a good Cotes du Rhone should elevate the burger but not take over the meal," he told us. Suggestions: Domaine la Manarine Cotes du Rhone ($18) or Domaine Vindemio Cotes de Ventoux Regain ($17) If you’re ordering sushi, try it with sparkling wine. Sushi is one of those foods that's best served with beer, but if you're a wine drinker, than carbonation is key. “Something dry and minerally with subtle citrus vibrations that will cut through the intense layers of raw fish, soy, wasabi, ginger, and whatever other toppings your favorite place has to offer," Block said. He recommends skipping expensive champagne and instead trying a light, sparkling wine. Suggestions: Szigeti Sparklijg Gruner Veltliner ($20) or Francois Baur Cremant d'Alsace ($20) If you’re ordering Greek food like gyros, get Carignan. Block said Carignan is “one of the least known and least appreciated grapes on the planet." Carignan has a bad reputation in the wine world as being at best un-distinctive and at worst bitter, boring, and harsh. But when it's done right, Cariganan is "quite unique with a fine cohesion of tanginess, spice, and acid," Block said, and the red wine will mingle well with the spicy meat, yogurt, and herbs in Greek fare. Suggestions: Lioco Indica from Monterrey County ($23) or Bonny Doon Contra Carignan ($17) If you’re ordering chicken wings, try Zweigelt. Light red wines go well with chicken wings, but Block said that "there is something about this mysterious, Austrian red wine that always makes chicken wings a perfect match.” Zweigelt is an Austrian red wine that is relatively new (dates back to 1922) and is very light. It will enhance the flavor and the spiciness of your wings without overwhelming your taste buds. Suggestions: Preisinger Basic Zweigelt ($20) or liter bottles of Brundlmayer Zweigelt ($16)SEE ALSO: The 20 best wines in the world, according to Wine Spectator DON'T FORGET: Follow Business Insider's Life on Facebook! Join the conversation about this story » NOW WATCH: Mark Cuban: Here's The Hardest Part Of Being A Billionaire
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Germany and Greece drew battle lines ahead of an emergency meeting of official creditors today, setting the stage for a clash. German Finance Minister Wolfgang Schaeuble doused expectations of a positive outcome for Greece at the meeting in Brussels ...
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Greece sold 1.137 billion euros ($1.29 billion) of three-month Treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said, in the second sale since a new leftist government was elected. The T-bills were ...
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GREECE’S NEW GOVERNMENT is headed for a showdown with sceptical European partners today as it takes its demands to renegotiate its huge bailout to crunch talks in Brussels. The emergency meeting of eurozone finance ministers promises to be bruising ...
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Eurozone experts are now raising Greece’s expected fiscal gap for 2015 to 4 or 5 billion euros. Alternate Finance Minister Nadia Valavani’s dramatic call on Tuesday for people to pay their taxes highlights the problem of the revenue shortfall since the start of the year, which is increasing the hole already seen in the budget.
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Greece’s government on Wednesday said it was sticking to plans to halt the sale of its two biggest ports, Piraeus and Thessaloniki, rebuffing reports it was having second thoughts.
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Domestic banks calculate the cost of having been forced to rely on emergency liquidity assistance (ELA) from the Bank of Greece at 600 million euros per year.
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Greece is calling the EU's bluff by suggesting it could get into bed with Russia.
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The mutilated corpse of a woman that was discovered washed up last week on a beach on the northwestern coast of Corfu is believed to be that of a passenger from the Norman Atlantic ferry which went up in flames on December 28 while en route from Greece to Italy.
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Foreign Minister Nikos Kotzias met his Russian counterpart Sergei Lavrov in Moscow on Wednesday for talks described by the latter as “successful, honest and constructive.”
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Greece alone would be responsible for winding down any problem bank this year and cannot count on help from other European bank resolution funds, the head of Germany’s financial watchdog, soon to lead the EU’s bank resolution authority, said on Wednesday.
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Greece wants a deal that provides for financial stability, financial sustainability and debt restructuring, while addressing Greece’s humanitarian crisis, Varoufakis said during talks Wednesday in Brussels without offering details, according to the officials, who asked not to be named because the talks are private. Finance ministers of the 19 euro nations met on Wednesday after Germany and ...
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Stocks were little changed as markets remained focus on the situation in Greece. Eurozone finance ministers held a meeting in Brussels, though with little news coming out of this meeting during the day, stocks finished Wednesday near where they started the day. First, the scoreboard: Dow: 17,852.2, -16.5, (-0.1%) S&P 500: 2,058, -1, (-0.03%) Nasdaq: 4,800, +12.8, (+0.3%) And now, the top stories on Wednesday: 1. The market is still focused on Europe and the situation in Greece, as the eurozone's finance ministers met in Brussels on Wednesday to discuss the terms of the Greek bailout. There were few headlines out of those meeting, but Greek finance minister Yanis Varoufakis did tell reporters that Greece will "absolutely not" leave the eurozone. 2. In a note to clients on Wednesday, strategists at UBS said that with the risks in Greece looming, in addition to potential rate hikes from the Fed, it might be time for investors to consider paring their exposure to stocks. "We think the calm of markets is not consistent with near-term risks," wrote UBS strategists Ramin Nakisa and Stephane Deo. "We believe it is time to reduce equity exposure, at least tactically." 3. The price of oil, another major focus of markets recently, fell again on Wednesday with West Texas Intermediate crude prices slipping about 1.5% to move back below $50 a barrel. Data from the EIA on Wednesday also showed that the oil market continues to be oversupplied, as US crude oil inventories totaled 417.9 million last week, the most in at least 80 years. And Wall Street is loading up on its bet against energy stocks, with data from Bespoke Investment Group showing that the short float on S&P 500 energy stocks is currently at 9.88%, the most since at least 2008. 4. Carl Icahn thinks Apple is worth $216 per share. In a letter to his "Twitter users" on his website shareholdersquaretable.com, Icahn wrote that he thinks shares of Apple are worth $216 and the noted hedge fund manager also raised his forecasted earnings for the iPhone market to $9.70 from $9.60 per hare this year. Icahn continues to own around 53 million shares of Apple. 5. AOL shares got crushed on Wednesday, falling more than 10% after the company said 2015 would be an "investment year." Business Insider's Lara O'Reilly has the full breakdown of what Armstrong said on the conference call that investors did not seem to be too thrilled about. Don't Miss: Dallas Fed president Richard Fisher calls politicians that want to audit the Fed 'sheeps in wolves clothing' »Join the conversation about this story » NOW WATCH: Nationwide's Super Bowl commercial about dead children is about corporate profits ... in a way that we can all appreciate
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BRUSSELS (Reuters) - Greek Finance Minister Yanis Varoufakis, asked on arrival at his first meeting of the Euro Group if Athens might leave the euro zone, replied "absolutely not". Restating the new government's position, he added that he was confident of constructive talks in Brussels on Wednesday with his fellow ministers. Greek and European officials in Brussels discussed on Wednesday what could constitute a "bridge agreement" for Greece once its bailout expires on Feb. 28, a Greek government official said. The meeting took place "in a very good climate", the official added. The meeting was between Eurogroup Chairman Jeroen Dijsselbloem, IMF chief Christine Lagarde, Euro Working Group President Thomas Wieser and the Greek delegation led by Finance Minister Yanis Varoufakis.Join the conversation about this story » NOW WATCH: George Clooney's New Wife Is Helping Greece Rescue Ancient Sculptures From Britain's Clutches
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REUTERS - The euro zone's bout of deflation will last for most of this year despite the European Central Bank's decision to buy government bonds, ...
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Greek Finance Minister Yanis Varoufakis has proposed a six-month transition to negotiate a rescheduling of the country's debt. EU leaders are looking ...
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LOS ANGELES (CBSLA.com) — The battle for control of the Greek Theatre moves Wednesday to the Los Angeles City Council. Live Nation appeared ...
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The new despots who are trying to persuade us that Europe’s problem is Greece are putting the European project itself at riskDuring his swearing-in speech as Greece’s prime minister, Alexis Tsipras was clear: “Our aim is to achieve a solution that is mutually beneficial for both Greece and our partners. Greece wants to pay its debt.”The European Central Bank’s (ECB) response to the Greek government’s desire to be conciliatory and responsible, was also very clear: negative. Either the Greek government abandons the programme on which it was elected, and continues to do the very thing that has been disastrous for Greece, or the ECB will stop supporting Greek debt. Continue reading...
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… the 28 February deadline when Greece’s current bailout programme expires … “Stop Austerity, Support Greece, Change Europe”. The Greek Prime Minister, Alexis Tsipras … strength.” The clock is ticking: Greece’s current bailout programme ends …
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LONDON — Despite European patience wearing thin and Greek cash running low, neither side appeared ready to blink Wednesday in a standoff that both agree could have disastrous consequences if not resolved in the coming days.Read full article
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... as investors worried about how much risk they should take on while they wait for the outcomes of major talks involving Greece and Ukraine.
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Greek Finance Minister Yanis Varoufakis headed for a showdown with euro zone finance ministers after his new leftist-led government won a ...
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Greek Finance Minister Yanis Varoufakis, who met International Monetary Fund Managing Director Christine Lagarde before meeting his 18 euro-area ...
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The Greek Finance Minister Yanis Varoufakis has been explaining his government's bailout position, which has put it on a collision course with other ...
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"Breath of dignity" in Venice, Padua, Naples, Rome, Frankfurt, Bremen, Brussels and Berlin
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US President must keep on pushing for a Greek debt relief deal
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Greece' new left-wing government says it will work with the Paris-based OECD to overhaul cost-cutting reforms imposed by bailout lenders. The post Tsipras Asks OECD Reforms Help appeared first on The National Herald.
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Country’s finance minister met counterparts for crunch talks aimed at shifting terms of trade between Athens and eurozone Greece’s new leftwing government started its first serious negotiations with its eurozone creditors on Wednesday evening as fellow currency bloc members insisted that the country stick to its bailout agreement.Yanis Varoufakis, the new Greek finance minister, went into negotiations with the other finance ministers at a specially convened session in Brussels of the eurogroup, following 10 days of touring Europe in a failed attempt to woo Berlin and other key capitals to shift the terms of trade between Athens and the eurozone. Entering the meeting, he was uncharacteristically taciturn. Continue reading...
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by Associated Press Greece jails Cypriot ex-minister, son, over money laundering Associated Press - 11 February 2015 14:45-05:00 ATHENS, Greece (AP) — A Cypriot former interior minister and his son have been jailed in Greece on money laundering-linked charges, in connection with a corruption case involving a jailed Greek former defense minister. An Athens court on Wednesday sentenced Dinos Michailidis, a Cypriot minister in the 1980s and 1990s, and his son Michalis, to 15 years in prison. They denied wrongdoing. Another two Greeks and a Syrian national received sentences ranging from life in prison to 12 years. The defendants were accused of laundering, or helping launder bribes connected with armaments deals on behalf of Akis Tsochadzopoulos, formerly a senior official in Greece's once-dominant Socialist Party who was defense minister from 1996-2001. Tsochadzopoulos is serving a 20-year sentence in a Greek prison for money laundering. News Topics: General news, Government and politics, Money laundering, Government arms deals, Prisons, Crime, Weapons administration, Military and defense, Correctional systems, Law and order People, Places and Companies: Greece, Cyprus, Athens, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Following the appearance of photoshopped images of Greek Finance Minister Yanis Varoufakis in social media, it was only a matter of time before graphic artists would take a shot at presenting the rising tension between the new Greek government and Germany in their own way. An artist called Estebanned created what looks like a film poster showing a stern-looking Varoufakis and German Chancellor Angela Merkel in profile, looking down. The title of the “film” reads “The End Of Austerity No2″ and its main cast is Merkel, Schaeuble, Tsipras and Varoufakis. The release date is February 11, 2015, when the Eurogroup will hold an emergency meeting. The poster was posted on the platform DeviantArt. (Source: Estebanned via DeviantArt)
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Greek Finance Minister Yanis Varoufakis headed for a showdown at a meeting scheduled to start at 11:30 a.m. (1630 GMT) after his new leftist-led ...
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German Finance Minister Wolfgang Schaeuble generated his own “tongue-in-cheek” moment on Wednesday, telling reporters that the “Troika will continue implementing the Greek program, which we obviously won’t be able to call Troika anymore.” The quip emanates from the new Greek government’s refusal to cooperate with a team of inspectors assigned by its international creditors to monitor the country’s bailout program. The powerful German Minister also said the program should be completed, while asked about the pending Eurogroup meeting on Wednesday evening, he said: “It all depends on Mr. Yanis Varoufakis and what he brings to the table.”
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The fate of cash-strapped Greece, which has become front-page news as its new anti-austerity government looks to get bailout concessions from its ...
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U.S. stocks traded narrowly mixed on Wednesday as investors focused on developments in Greece's negotiations with the euro zone finance ministers ...
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Greek Finance Minister Yanis Varoufakis and euro zone finance ministers were scheduled to meet at 11:30 a.m. (1630 GMT) to continue negotiations ...
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“Commentators generally seem to believe that the Greek stance in the talks is unworkable, so that the risk of outright disaster is still growing, but ...
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The Greek austerity plan was working, he added, but acknowledged the political realities in Athens after the leftist government prevailed in last month's ...
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EU_Flag.jpg Home Page News Page Will Syriza Get it Right? The emphatic rejection of disastrous austerity policies by the newly elected Greek government has caused consternation in Eurozone capitals. Germany has been particularly strong in dismissing Greek pleas for a renegotiation of its debt and has warned of an impending fallout should Greece persist in their demands. The emphatic rejection of disastrous austerity policies by the newly elected Greek government has caused consternation in Eurozone capitals. Germany has been particularly strong in dismissing Greek pleas for a renegotiation of its debt and has warned of an impending fallout should Greece persist in their demands. See Also links url: http://www.economywatch.com/features/Syriza-offers-first-challenge-to-European-neoliberalism.02-04-15.html Title: Syriza offers first challenge to European neoliberalism See Also type: Reference Featured Report That You Might Like: Country Analysis Report: Greece, In-depth PESTLE Insights read more
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European leaders are kicking off talks Wednesday aimed at averting a new crisis that could force Greece to drop the euro. There's no obvious compromise in sight.
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BRUSSELS (AP) — Greece and its partners in the 19-country eurozone dug in for tough talks Wednesday as the country's finance minister unveiled the new Greek government's first concrete proposals on how to lighten its bailout program. The emergency ...
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Greece's new government confronts its eurozone creditors Wednesday at an emergency meeting in Brussels as it seeks to ease the terms of its bailout ...
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Billionaire hedge fund manager David Tepper told CNBC a Greek debt deal would be "obviously be good for the markets," but added stocks "could ...
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Greece plans joint military exercises with Israel, Cyprus and Egypt, Greek Defense Minister Panos Kammenos said Wednesday, amid continuing tensions between Cyprus and Turkey over oil exploration in the eastern Mediterranean.
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The curtain rises today on a new act in the drama about Greece's debt, its bailout terms, and its future in the Eurozone. USA TODAY's Adam Shell ...
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But putting a probability on a euro breakup is popular again now, after Greece's new government, led by the leftwing Syriza party, set up a showdown ...
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Thousands of Greeks took to the streets of Athens on Wednesday to support their new anti-austerity government which was locked in tough negotiations with eurozone partners in Brussels.
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Thousands of Greeks took to the streets of Athens on Wednesday to support their new anti-austerity government which was locked in tough negotiations with eurozone partners in Brussels.
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The Greek stock exchange closed down 4.02 percent on Wednesday ahead of an emergency meeting of eurozone finance ministers during which the country will unveil controversial proposals to overhaul its bailout.
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