How the world sees Greece
ATHENS, Greece (AP) — Left-wing leader Alexis Tsipras told thousands of supporters at his final campaign rally Friday that Sunday's general election was an opportunity for them to bury Greece's corrupt political elite who sank the country into a years-long financial crisis.
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Photographs have emerged of a more than 12ft high mountain of dinghies and life-jackets, left abandoned on the Greek island of Lesbos, by migrants and refugees entering Europe.
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Walking into Europe is the dream of several hundred migrants who have made their way through Turkey to the Greek border but it has been closed. The…
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For the third time in eight months, weary Greeks will head to the polls on Sunday, Sep. 20, after a summer that brought a snap referendum, the ...
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#economy
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Greek voters head to the polls for the third time in less than a year on Sunday. Bloomberg looks at how the election could unfold, and what it means for the country's bailout program.
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… they want Greece to belong to the Greeks.Golden Dawn, on Greece… by the European Union. KKE, Greece's hard-core communists, will … days of the Cold War. Greece is drowning in a … fourth place with the socialist PASOK party and the centrist To …
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… Omonia Square. “Let’s take Greece forward,” he exhorted supporters, many … .” Related: Greek elections: Alexis Tsipras makes a calculated gamble For Greeks, the … former EU commissioner Anna Diamantopoulou. “Greece not only needs a strong …
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… protecting Greece’s workers and poor and winning debt relief for Greece … Greek defence minister has presented himself as the common-sense cure for Greece … parties like the once-dominant socialist PASOK and a new centrist party …
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A victory for Greece's radical left Syriza party in Sunday's general election would deliver "a key message for Europe" as it faces the migrant crisis and economic woes, Syriza leader Alexis Tsipras said Friday.
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GREECE has been out of the spotlight for a while now, to the relief of many in the markets, but this weekend it will return briefly as Greeks once again ...
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The core of heavy rain will then shift southward into Albania, Macedonia, Bulgaria and GREECE Monday into Tuesday. By Tuesday, even western ...
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“Of course GREECE needs reform, but if we are talking about the opening of closed professions, I wouldn't start with hairdressers but media owners.
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EPA/Syrian Arab News Agency (SANA) Evidence is emerging of a significant intensification of Russia’s military support for the Assad government. While the exact scale and purpose of Russia’s latest deployments remain obscure, the available evidence suggests that the Russians are preparing an airbase near the city of Latakia for possible airstrikes in support of the Syrian army, complete with several hundred Russian troops protecting it. This is in addition to a Russian navy refuelling facility already in operation in the port of Tartus, and substantial supplies of weapons and military advisers for the Syrian regime which the Soviet Union and Russia have been supplying Syria for decades. Such is the concern in the West at Vladimir Putin’s motives for this military build-up in Russia’s war-torn client state that the reports prompted the US to put pressure on the Greek and Bulgarian governments to close their airspace to Russian planes bound for Syria. But what are Putin’s motives? For a start, the Russian president clearly wants to confirm his country’s status as a global power with its own sphere of influence which is able to act independently of the US and is not dependent on the approval of Washington. This interpretation is supported by the logic of a breakdown in Russia’s relations with the West over the Ukraine crisis, which led some observers to call a return of the Cold War. But, equally, it is also clear that Moscow is extremely worried about the rise of radical Islamic terrorism. Remember, not long ago Russia fought two bloody wars in Chechnya, mostly against radical Islamists. Its territory is home to some 17m Muslims, many living in its poorest regions in the North Caucasus, where an Islamic insurgency continues and which bubbles up with periodic bursts of violence. Moscow is also aware of the risk of insurgency from predominantly Muslim Central Asia – which it counts as part of its sphere of influence – from where several million have migrated to work in Russia. A history of insurgency and poor economic conditions make those regions vulnerable to Islamic State influence. Putin, recently confirmed that one the biggest security threats to the former Soviet states that are members of the Moscow-centric Collective Security Treaty Organisation (CSTO) is a potential expansion of IS in the Middle East, Europe and the former Soviet Union (FSU). Putin specifically singled out ideological indoctrination and military training of nationals in FSU countries by IS and said their return home would be a major threat to security. His concerns are well founded – there are an estimated 1,700 volunteers from Russia alone fighting with IS, mostly from the North Caucasus and Central Asia. A recent high-profile defection was the head of the Tajik special forces, Gulmuro Halimov, who was reported in June 2015 to have joined IS. Putin would also be mindful that the more Russia can become an indispensable player in Syria’s civil war – and a potential broker of peace there – the more leverage it could give Russia with the West over other issues, especially over Ukraine and the economic sanctions imposed on Russia. However improbable this might sound, increasing his foothold in Syria could be a way for Putin to mend his relations with the West by building a joint anti-IS coalition. ‘Pick and stick’: Vladimir Putin and Bashar al-Assad in Moscow in 2006. EPA/Sergei Karpukhin This seems unlikely for now as removal of Assad is a non-negotiable condition for the West – as opposed to Russia, which sees maintenance of the current regime, at least for the present, as the only way to defeat extremist insurgency in Syria. But if the West is serious about defeating IS and the Assad regime survives with the Russian and Iranian help, then at some point it might have to consider joining forces with Russia against IS. TOWARDS AN ‘ALAWITE ISRAEL’? To properly understand Russia’s involvement in Syria it’s necessary to consider a fundamental difference in Russia’s perception of causes of the Syrian debacle. The West saw the uprising against Assad as an expression of popular will within the framework of the inevitable progress of democracy, while Russia saw the conflict in more complex terms. For a start, Russia recognised the nature of the Syrian society with its ethnic and religious diversity, a strong army and a close-knit ruling group. Coupled with a complex regional rivalries between the Gulf states, Turkey and Iran – Assad’s most staunch supporter – the swift demise of the Syrian regime was always unlikely. Meanwhile the terror continues: Homs after a car bomb blast on September 15. EPA/STR More importantly, the Kremlin has consistently prioritised stability over revolutionary change and sovereign rights over humanitarian intervention. In fact, from the Russian point of view, the Western interventionist agenda of democratisation, which ignored local conditions, has made the situation in the Middle East worse – from Iraq to Libya and Syria. It seems unlikely that Moscow can hope for an outright victory in Syria’s civil war, so some kind of political compromise with the moderate opposition is in the offing. This, however, is at best a long shot given the hostility to Assad in the West and the intensity of the conflict in Syria. Instead, the immediate priority seems to be to ensure a survival of the Syrian state and military institutions in the areas it can control, what one Russian observer called an “Alawite Israel” – a strip of land from the Mediterranean coast to Damascus, able to at least contain IS with some external support. SITUATION NORMAL: AT LOGGERHEADS How can the West respond to Russia’s latest initiatives? One option would more economic sanctions against Russia in order to dissuade it from supporting Assad. The West could also increase in its military presence, for example by creating a no-fly zones in Syria. Increasing military support for the opposition is another option, in the unlikely hope that it could topple Assad before IS does. This would be mirroring Russia’s logic of escalation aimed at forcing the other side to change its attitudes by creating new facts on the ground. The likely outcome would be a doubling of support for Assad from Iran and Russia and perpetuating of the civil war. Finally, it could accept Russia’s view that it is unrealistic to get rid of IS and Assad at the same time, and choose the least bad option. The last option seems unlikely for now, given the fundamental disagreements about the causes of the conflict as well as about its likely solution. Is there any cause for optimism then? Perhaps the only consolation is that there are no chemical weapons left in Syria. Those were removed under a joint US-Russia plan in 2013. This – sadly – remains the only concrete and positive outcome of Russia’s cooperation with the West in the Middle East. _Alexander Titov does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond the academic appointment above._
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View Photo. Syian refugees sit in front of a police barricade as they march along the highway towards the Turkish-Greek border at Edirne on September 18, 2015
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Greeks are heading to the polls to choose their government again this weekend — though you wouldn't know it from the relative silence in the international media. The left-wing Syriza party was catapulted to power in January on an anti-bailout ticket, but it buckled and agreed to a renewed austerity-for-funding agreement with Greece's international creditors in July. Now, after calling snap elections, Syriza promises to implement the agreement more fairly than had been the case. As in most other countries, the leftists want to cut the deficit with tax increases, while the right wants spending cuts. The election is looking unexpectedly close. Popular Unity, a group of Syriza's most left-wing members of parliament, quit the party and is running separately. Now the remaining Syriza MPs are pretty much neck and neck with New Democracy, the centre-right party that held government previously. Europe has already won this election, and the brunt of the next government's programme has been decided in Brussels already. International headlines have disappeared, and Athens is no longer the centre of attention for global financiers. Europe has even moved on to a new crisis. Things are no doubt more stable in Greence than they were ealrier this year, but the actual debt deal doesn't seem any more likely to be implemented by whichever side wins on Sunday. The country's tremendously large privatisation programme will be a huge millstone even for a centre-right government, let alone for a party like Syriza. The country still has to run significant budget surpluses and try to implement many of the structural reforms that it has failed to pass before. There's no guarantee of success, and success is required to get debt relief from the eurozone. And even if there _is _enough of a success to get debt relief, that won't come in an outright form. Greece will have longer to pay back existing loans, and the interest rates may be cut. But Germany's policymakers have been insistent that there will be no haircuts in which the total level of debt is simply slashed. Christian Odendahl at the Centre for European Reform argues that Greece really requires proper debt haircuts to return to capital markets and fulfill its financing needs — the ultimate goal of the programme. Here's Odendahl: By the measure of gross financing needs, Greece is miles away from returning to the markets at sustainable interest rates. This is why the Greek debt burden needs to be significantly reduced even if Athens manages to deliver on the long-term primary budget surpluses of 3.5 per cent of GDP from 2018 and the economy grows as currently projected (around 3 per cent per year in 2017 and 2018, and 1.75 per cent in the long run). And that's a big if. Projections for Greek gross domestic product have been consistently and dramatically wrong for years (check the chart to the right). So Greece is not fixed by any stretch of the imagination. The polls are tight between New Democracy and Syriza, but neither looks likely to come anywhere near an overall majority. There will be the difficult task of building a coalition with smaller centrist and centre-left parties. That could be particularly hard for former Prime Minister Alexis Tsipras, who seemed to rule out most potential coalition partners early in the campaign. And even if New Democracy wins, it's not as if the social forces that brought Syriza to power have disappeared. The Greek economy has been shattered, unemployment is still extremely high, and the cash shortage that was exacerbated by capital controls continues. Based on the requirements of the bailout, the state of the country's politics, and the general economic outlook for Europe, which seems more likely: That Greece will run into new political and economic turmoil? Or that it will surmount its problems and come to a sustainable agreement with its European partners? Don't take your eye off what's happening in Athens just yet. SEE ALSO: GREECE'S BAILOUT WILL FAIL Join the conversation about this story » NOW WATCH: 6 mind-blowing facts about Greece's economy
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ATHENS (Reuters) - A flurry of late polls on Friday appeared to show Greece's election shifting in favor of Alexis Tsipras' leftist Syriza party, as the former prime minister prepared to address the party faithful in a final rally before the weekend vote.
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Athens: Former prime minister Alexis Tsipras on Friday brushed off election polls suggesting his leftist Syriza party might lose to its conservative rival in Greece's election, saying he had a large group of supporters not reflected by pollsters. We fought the battle until the end and won ground for the country. Alexis Tsipras He was speaking on the last day of formal campaigning for Sunday's general election with polls showing a cliffhanger vote expected and some pointing to a win by the conservative New Democracy party....
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ZAGREB, Croatia (AP) — The latest developments as European governments rush to cope with the huge number of people moving across Europe. All times local (CET): ___ 8:05 p.m. German Chancellor Angela Merkel has discussed the migrant crisis with Croatia's prime minister and both agree "the problem must be solved at the European Union's external borders." The German government statement also said Croatian Prime Minister Zoran Milanovic told Merkel on Friday about Croatia's efforts "to comply fully with its obligations" in making sure all refugees are being treated humanely. Germany has been among those pushing for new "hot spot" camps in Greece and Italy, where migrants would be registered.
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SYRIZA, leftist Leader: Alexis Tsipras, 41 The coalition of left-wing and radical left parties, SYRIZA was founded in 2004 and officially launched as a ...
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St Anna church answers Pope Francis’s call for Catholics across Europe to do something practical as well as feeling compassion for those fleeing war zone A Vatican parish has taken in a family of four refugees from Syria following an appeal by Pope Francis for every religious community across Europe to assist in the migrant crisis. The St Anna parish – Sant’Anna dei Palafrenieri in Italian – said on Friday that it had accepted one of two families it promised to take in: a father, mother and two children who fled their home in Damascus and arrived on 6 September. The family is Christian of the Catholic Greek Melkite rite. Continue reading...
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By John Stonestreet ATHENS (Reuters) - According to most of the two dozen-plus opinion polls published in Greece this month, Sunday's national election contest between Alexis Tsipras' leftist Syriza and Vangelis Meimarakis' conservative New Democracy will go down to the wire. In Britain, polls called the result of May's national election badly wrong. "I would not be surprised if the Miliband/Cameron effect replicates itself in Greece and the conservatives do a bit better than expected," said veteran independent political analyst Theodore Couloumbis.
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As campaigning comes to an end ahead of Sunday's Greek election, a number of polls suggest that the vote sits on a knife edge between former Prime Minister Alexis ...
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Re “How Europe crushed Greece” (Opinion, Sept. 9): Once again Yanis Varoufakis is complaining about the evils of the troika, the nefarious behavior of ...
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#politics #international
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Former Greek prime minister Alexis Tsipras dismissed tight poll figures on the final day of campaigning Friday, ahead of a snap election Sunday.
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… this weekend's Greek election suggest that Greece will return a … entire Greek political spectrum. They have included George Papandreou's center-left PASOK … two centrist and traditional Greek parties like PASOK and New Democracy would …
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Thousands of migrants have set off on foot to the border with Greece after spending the past three days in makeshift camps in the fileds near the Turkish city of Edirne, Bulgaria’s bTV station reported on Friday. Police and gendarmerie forces later halted their advance. The migrants are now closer to Pazarkuke border crossing with Greece. Edirne is located close to Turkey’s borders with EU member states Bulgaria and Greece. Edirne Governor Dursun Ali Sahin said earlier on Friday that the Turkish authorities cannot allow the migrants to cross the border without an invitation from an European country. "If there is any country that is formally inviting you, we would be happy to take you there ourselves by vehicle or by plane. For now, however, no state has invited you," Dursun Ali Sahin told the migrants in a live broadcast on CNNTurk. Turkey, which shares a 900-kilometer border with Syria, has so far spent USD 7.6B caring for 2.2 million Syrian refugees who have fled the civil war in their country, Turkish Deputy Prime Minister Numan Kurtulmus said on Friday.
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NEW YORK – Elizabeth Taylor, Barbra Streisand, Maria Callas, Diana Ross, Lady Bird Johnson. The world’s top designers begged them to don their clothes, but they chose to wear the creations of George Stavropoulos, many of which were inspired by classic Greek sculpture. The Fashion Art and Design Committee of the Hellenic American Chamber of […] The post HACC Presents “Elegance Retrospective – Stavropoulos” appeared first on The National Herald.
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LONDON (ShareCast) - (ShareCast News) - When investors return from their weekend they will be asked to digest the result of the Greek general elections on 20 Sunday.
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We're living in the age of the rock star academic. Everyone is trying to make sense of financial crises and the old economics textbooks don't work so well anymore. So it's natural to turn to the people who study this stuff for a living. Thomas Piketty, a French academic, sold 1.5 million copies of his book "Capital in the Twenty-First Centry," while Nobel prize-winning economists like Paul Krugman and Joseph Stiglitz can be found burning up social media, the newspapers, and the conference circuit. But not everyone with influential ideas on economics and finance is as well-known. Here are the academics that are changing the world behind-the-scenes. The list isn't exhaustive. If you think we've missed anyone out then please email in suggestions. 1: HA-JOON CHANG, UNIVERSITY OF CAMBRIDGE ALMA MATER: Seoul National University BIG IDEA: Developed countries talk a lot about the free market but really use their power and financial strength to profit at the expense of emerging economies. Chang's ideas are controversial, centering on the role that international bodies like the IMF and World Bank play in the world economy. In books such as Kicking Away the Ladder and The Myth of Free Trade he argues that the governments of bigger economies help out their own companies, while preaching the benefits of the free market to developing nations. 2: KATHERINA PISTOR, COLUMBIA LAW SCHOOL ALMA MATER: University of Freiburg BIG IDEA: The rule of law must be suspended for financial markets in a crisis, or the whole system will collapse. Pistor, who won the Max Planck academic research award in 2012, is developing a legal theory of finance to work out how laws affect its shape and composition. She discovered that, in a crisis, the regulations that build markets aren't worth the paper they're printed on. Political power is the driving force behind who gets hit in the heat of the moment. 3: CHARLES CALOMIRIS, COLUMBIA BUSINESS SCHOOL ALMA MATER: Yale University BIG IDEA: Financial collapses don't happen at random and aren't inevitable. They come from complex bargains between politicians and bankers that spiral out of the government's control. That's one of the reasons why the US has had 12 major banking crises since 1840, while Canada has had none. 4: JON DANIELSSON, LONDON SCHOOL OF ECONOMICS ALMA MATER: Duke University BIG IDEA: Trusting your risk models will lose you money in a crisis. Risk models will generally tend to have the same outcomes when everything is going well, even if they have different mathematical foundations. This tricks people in to thinking that they work all the time. But when all hell breaks loose, the models will give you wildly different risk assesments, leaving you flying blind. This is bad for banks and hedge funds but even worse for central banks, who have to make policy decisions for everyone else. 5: MARIANNE BERTRAND, UNIVERSITY OF CHICAGO BOOTH ALMA MATER: University of Brussels BIG IDEA: CEOs are rewarded for luck rather than performance. Also, employers judge applicants on their name as much as their qualifications. Bertrand is one the reasons why there's been such a shareholder backlash against CEO pay, after proving their huge bonuses are based on luck rather than genius. in a 2003 paper, She and Sendhil Mullainathan also famously replied to help-wanted ads in Chicago and Boston with fake names. Some applicants used names like Emily and Greg, while others used names like Lakisha and Jamal. "The results show significant discrimination against African-American names," the authors wrote. "White names receive 50% more callbacks for interviews." 6: ALVIN ROTH, HARVARD UNIVERSITY AND STANFORD UNIVERSITY ALMA MATER: Columbia University BIG IDEA: You don't need money to make a stable market for something. Roth, along with Lloyd Shapely, won the Nobel Prize in 2012 for showing that people can make a market based on mutually-beneficial swaps rather than cash to satisfy a specific need. This was particularly useful for easing the shortage of kidney donors in the US. Roth used game theory to pair up donors with patients they didn't know, making it easier for people to swap their organs and find a match. 7: RICHARD PORTES, LONDON BUSINESS SCHOOL ALMA MATER: Yale University BIG IDEA: Bondholders can often work together to get concessions from a borrower. Portes, now professor of economics at London Business School, laid down the groundwork for collective action clauses, where sovereign bondholders use their bargaining power to impose conditions on a debtor country. The work has been especially important in cases like Greece or Argentina. 8: CHARLES GOODHART, LONDON SCHOOL OF ECONOMICS ALMA MATER: Cambridge University BIG IDEA: Goodhart's Law. Goodhart said that as soon as governments or central banks turn a statistic, such as the stock market, into an implicit policy target, it ceases to become a reliable statistic. This is because players in financial markets change their investment strategies to pre-empt the policy. Goodhart was one of the orignal members of the Bank of England's monetary policy committee in 1997, and a veteran of financial crises in 1970s. 9: ALBERTO ALESINA, HARVARD UNIVERSITY ALMA MATER: Bocconi Univerisity, Milan BIG IDEA: Far from hurting growth, austerity measures can actually help economies recover. In 2009, Alesina and Silvia Ardegna published a paper called Large Changes in Fiscal Policy: Taxes Versus Spending. It was an important part of the debate in the years that followed over whether austerity and reducing debt or boosting government spending were the best strategies for economies recovering, cited by fiscal hawks. Join the conversation about this story » NOW WATCH: This is how rapper 50 Cent made millions and then lost it
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When Foursquare ranked Hopdoddy Burger Bar as the "best burger joint in America" (on this very site) I immediately put it on my list of must-trys. But, as a burger enthusiast and follower of burger news, I was curious about a few things. Why hadn't I heard of Hopdaddy before? And what's with that name? To answer the latter, "hop" refers to the bitter plant used in beer and "doddy" is a nickname for a type of cow. Hopdoddy has nine locations in Texas, California, Arizona, and Colorado. The Austin, Texas, outpost, on South Congress Avenue, holds the No. 1 burger joint ranking with Foursquare, and on a recent vacation I had a chance to check it out. At first glance, the restaurant's slick exterior sort of looks like a burger bar and an Apple store got together in the same space. And although the photo above looks busy and the location is extremely popular, locals say there's almost never a line. Wrong. I arrived at a pretty off peak time (3 p.m. on a Tuesday) and I still had to wait a half hour just to place my order. Starving and annoyed, I couldn't help but notice that the atmosphere was jubilant and the the employees were helpful. So there's that. Scanning the menu, I saw a Greek-inspired lamb burger with feta cheese and all the fixings (think: cucumber, tzatziki sauce, and pickled onions) and a Southwestern burger with chili con carne, Fritos, and Tillamook cheddar, but I wanted something a bit more classic. Hopdoddy is known for its creativity across more than a dozen different burgers. I went for the most expensive beef burger on the menu — the primetime burger ($12). Topped with melted brie, truffle aioli, arugula, caramelized onions, and steak sauce, the primetime packs a Texas Akaushi beef patty. The meat is said to come from cows descended from Japan's renowned Akaushi flock. I ordered it without steak sauce because steak sauce on burgers is gross. When it arrived at my table, I really thought I was in for a treat. I was so naive back then. With a single bite the verdict was in. For starters, it was a soggy, sloppy mess. But sloppy burgers can be great so there's definitely more to its failure. The bun, though freshly baked in-house, was a bit too sweet. The toppings were fine, but none stood out to me in any meaningful way. Brie on a burger wouldn't be my first choice, but I didn't think it would be as disappointing as it was. The truffle aioli was barely perceptible. The onions were fine. But most importantly, the burger patty itself had no flavor. The meat wasn't dry, but it was incredibly bland. I've had better in New York dive bars. At the end of the day, the Hopdoddy burger is just OK and my search for the best burger in America continues. SEE ALSO: 2 FOOD BLOGGERS WHO HAVE TRIED EVERY NEW YORK CITY BURGER THAT MATTERS SAY THESE ARE THE 15 BEST DON'T FORGET: FOLLOW BUSINESS INSIDER'S LIFESTYLE PAGE ON FACEBOOK! Join the conversation about this story » NOW WATCH: Here's what happened when I ordered Shake Shack's secret menu burger
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On Thursday, the Federal Reserve kept its benchmark interest rate target pegged to a range of 0% to 0.25%, which is where they've been since December 2008. That's low. Interestingly, rates aren't just low within the context of American history. They also happen to be at the lowest levels in the 5,000 years of civilization. Bank of America Merrill Lynch's Michael Hartnett and his team shared the following chart show just how low the current rates are, relative to other times in history, in a recent note to clients, citing a speech by Bank of England chief economist Andy Haldane: Haldane's list of sources for this is pretty staggering (and you can look through them all here.) So to make things a bit clearer, we put together an annotated list of key historical episodes and the corresponding interest rate of the time, using the data from "The Trader and his Shadow". Check them out below: * Mesopotamia, c 3000 BC: 20% * Babylon, Code of Hammurabi, 1772 BC: codified earlier Sumerian custom of 20%. * Persian conquest (King Cyrus takes Babylon), 539 BC: rates of 40+%. * Greece, Temple at Delos, c. 500 BC: 10% * Rome, Twelve Tables, 443 BC: 8.33% * Athens/Rome: circa the first two Punic Wars, 300-200 BC: 8% * Rome: 1 AD: 4% * Rome, under Diocletian, 300 AD: 15% (ESTIMATED) * Byzantine Empire, under Constantine, 325 AD: LIMIT 12.5% * Byzantine Empire, Code of Justinian, 528 AD: LIMIT 8% * Italian cities, c. 1150: 20% * Venice, 1430s: 20% * Venice, (Leonardo da Vinci paints "The Last Supper in Milan), 1490s: 6.25% * Holland, beginning of the Eighty Years' War, 1570s: 8.13% * England, 1700s: 9.92% * US, West Florida annexed by the US, 1810s: 7.64% * US, circa World War II, 1940s: 1.85% * US, Reagan administration, 1980s: 15.84% * US, Fed does not hike rates in September, 2015: 0-0.25% SEE ALSO: THE 27 SCARIEST MOMENTS FROM THE FINANCIAL CRISIS Join the conversation about this story » NOW WATCH: RED EVERYWHERE: It’s a global market meltdown
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FXStreet (Guatemala) - Analysts at the Bank of Tokyo Mitsubishi noted the Greek elections coming up. "It is the first election since Greece signed its first bail-out ...
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ZAGREB, Croatia (AP) — The latest developments as European governments rush to cope with the huge number of people moving across Europe. All times local (CET):
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FXStreet (Guatemala) - Analysts at UOB Group explained that the Greeks will go to the polls for the second time this year this Sunday. Polls show, on balance, a ...
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Greece's election race is neck-and-neck — and Athens could still drag Europe into another crisis
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In the pictures we see a crying child in a life jacket being carried by volunteers after reaching the Island of Lesbos in GREECE in a flimsy boat.
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Three fresh-faced children appear on the TV screen and, to the sound of kiddie piano music, declare that they want GREECE to belong to the Greeks.
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Whoever ends up moving into Maximos Mansion, the official Athens residence of GREECE'S prime ministers, after Sunday's election, they will not, in any ...
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It is one of Greece’s notorious and chronic diseases: extensive bureaucracy, unaccommodating officials and permanent lack of flexibility. A painful and very costly disease, especially when it comes that the Greek state keeps away investments worth several million dollars or euros. The latest example of this rigid behavior that causes […]
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Nation prepares for third election in nine months, with poll fatigue, resentment, the EU and refugee crisis dominating agenda for a weary electorate Like all politicians, Greek politicians love a stage. And this week, in the run-up to Sunday’s election, the scene was set with scaffolding, billboards and loudspeakers being erected at seemingly record speed in the squares of central Athens. On Thursday night, it was Vangelis Meimarakis, the veteran conservative recently catapulted to the helm of the New Democracy party, addressing the crowds in Omonia square. “Let’s take Greece forward,” he exhorted supporters, many sullen, glum-faced and wide eyed as they went through the motions of roaring approval, waving flags and honking horns. “The lies are over. The Syriza experiment is over.” Continue reading...
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Athens (AFP) - Greece's election appeared too close to call Friday with 48 hours to go and little indication whether young radical ex-premier Alexis Tsipras will ...
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It's time to celebrate GREEK culture at the annual Greensboro GREEK Festival! The festival runs September 18 – 20 at The Dormition of the Theotokos ...
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The two parties - one sporting an old GREEK symbol closely resembling a swastika as its emblem, the other the Soviet hammer and sickle - are far ...
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| READ THE ORIGINAL POST AT www.reuters.com |
Greece’s snap election will probably strengthen the hand of political forces who’ll push through measures needed to maintain the flow of bailout money and keep ...
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| READ THE ORIGINAL POST AT www.bloomberg.com |
Fed uncertainty weighing on risk appetite; Greece goes back to the polls this weekend; Fed speeches next week key as cloud of confusion remains.
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| READ THE ORIGINAL POST AT www.fxstreet.com |
Greek opinion polls Friday showed the two leading contenders for Sunday's general election, radical left ex-premier Alexis Tsipras and conservative rival Vangelis Meimarakis, tied neck-and-neck just 48 hours before the vote.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
By Osman Orsal EDIRNE (Reuters) - A growing crowd of several thousand migrants resumed their bid to march on Turkey's Greek border on Friday, but security forces later halted their advance from a makeshift roadside camp where they had sheltered for three days. Several hundred migrants had been in a stand-off with police, some in riot gear, since Tuesday, as they attempted to walk from Istanbul to the Pazarkule border crossing near the city of Edirne. By Friday numbers had swollen to several thousand, a Reuters witness said, and security forces allowed them to march closer to the frontier before again halting their progress some 14 km by road from the border, but much closer cross-country.
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
History Dept. Greece’s Century-Long Subjugation. The battle between Athens and Brussels goes back much further than the Eurozone. By Nicholas G. Karambelas
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| READ THE ORIGINAL POST AT www.politico.com |