How the world sees Greece
May 31 (Infostrada Sports) - Results and standings from the Greek championship Champions League Play off matches on Tuesday Tuesday, May 31 Panionios 1 AEK Athens 0 PAOK Salonika 1 Panathinaikos 1 Standings P W D L F A Pts 1 PAOK Salonika 6 3 3 0 8 3 12 2 ...
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Avery Mutch, 14, is in eighth grade and EGMS. After being a part of Model UN last year she decided to do it again this year. The group had to choose a country and research their biggest problem and to figure out a way to fix it. Her group chose Greece.
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THESSALONIKI, Greece (AP) — PAOK held Panathinaikos to a 1-1 draw on Tuesday to win the Greek league playoffs and earn a place in the qualifying round of next season's Champions League.
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LESBOS, GREECE - Frontex denied aid to refugees including a baby and kept them floating in the sea off GREECE for nearly two hours, according to aid ...
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Co-founded by Christina Martini and Nikolas Minoglou, Ancient GREEK Sandals are handmade locally in Greece by skilled craftsmen using traditional ...
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On Monday, a fan took to Instagram to compare the Trainwreck star's nude Pirelli Calendar shoot to a statue of the GREEK goddess Aphrodite.
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GREEK shipowners are among the net gainers in the global financial crisis, as they have managed to consolidate their domination of the global industry ...
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Granola and granola bars have long been a healthy snack, though lately some store bought versions have so much added sugar they can be about as healthy as eating a candy bar. This “hippie” food of the 1960’s actually dates back to the 19th century when it was developed as a food for invalids to
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On May 28, Greek Heritage Night at the New York Cosmos’ soccer match brought out numerous fans of Greek descent to celebrate Greek heritage, culture, and the love of soccer. Greek music greeted fans as they entered the gates at James M. Shuart Stadium on the Hofstra University campus in Hempstead, NY. A festive atmosphere
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He may be gone but he’s not forgotten and former Greek Finance Minister Yanis Varoufakis wants to make sure it stays that way, firing off more shots against the country’s European lenders in a commentary in the New York Times. He wrote that Prime Minister and Radical Left SYRIZA leader Alexis Tsipras, who reneged on
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Greek yogurt and Activia, a type of yogurt marketed to aid with digestion, both contain probiotics with possible beneficial effects on the digestive system. But which is more beneficial for consumers? Activia yogurt is marketed on the premise that it ...
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'Marketing and Selling Consulting Services' course to be held in June The European Bank for Reconstruction and Development (EBRD) will hold a second training course for local management consultants in Cyprus on 07-10 June at the Hilton Cyprus …
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… at several sites in northern Greece where refugees and migrants were … Friday, "[UNHCR] urges the Greek authorities, with the financial support … village of Idomeni in northern Greece to official refugee camps erected …
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… up a wildflower-strewn path along Greece’s dizzying Vikos gorge, I … airport. As with everywhere in Greece, times are hard in this … . • Flights were provided by the Greek National Tourism Organisation (visitgreece.gr …
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YEREVAN. - Till the end of 2016, a Greek consulting company may complete the preparation of proposals on management of two landfills in Yerevan, First Deputy Mayor of Yerevan Karo Areyan told Armenian News – NEWS.am Tuesday. In his words, the proposals ...
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Food Lion has some great deals starting Wednesday, 6/1 including Yoplait GREEK yogurt, shredded, chunk and sliced cheese, tomatoes, pork picnics, ...
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Central Mediterranean route 'more dangerous' Spindler said that the central Mediterranean route -- from Libya or other north African countries to Italy -- was "dramatically more dangerous" than the Turkey-Greece route taken by most migrants. Boats on the ...
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UN children's agency UNICEF on Tuesday said it would scale up operations in GREECE to support 22,000 migrant children, a tenth of them ...
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The International Organization for Migration (IOM) published a report in Greece, titled Addressing the Needs of Unaccompanied Minors”, based on interviews with 1,206 child migrants traveling alone in Greece. 508 of those interviewed said they would not want to return to their home countries because it was their intention to reach a northern European country,
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Eurostat, the EU statistics agency, calculated unemployment in Greece at 24.2 percent in February compared to 24.4 percent in January. In the Eurozone, the 19 EU member states had a steady rate of unemployment in April 2016 at 10.2 percent when compared with March, with the lowest level of joblessness noted in August 2011. In
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Greek cyclists are constantly growing in numbers. Bike free days are growing in popularity despite the uneven terrain, and Lonely Planet has even listed an Athens cafe among the nine best coffee houses for bike enthusiasts. The Greek cafe, located in one of Psirri’s winding back streets, is renowned for combining “partying and pedaling”. Music
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Hydra is an enchanting Greek island known for its restaurants lining the main port and the inevitable flashback to the turn of the century and beyond as there are no cars allowed on the island. The charm of the winding narrow pathways that lace the city are one way to experience Hydra. However, for those looking for
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[beijing park ice swimmer dive freezing frozen] The trade of the year has come back to haunt markets. The Chinese yuan has weakened against the dollar at its most rapid rate since last August, when Chinese officials devalued the currency. This move is also a throwback to a scary recent time — the turmoil at the beginning of this year after the Fed's first rate hike since going to zero in December 2008. In January and February the yuan's erosion against a strong dollar prompted Chinese people to move money out of the country, which spooked the country's stock market, which in turn spooked markets around the world. And now, that recent history is repeating itself. Along with more rate hike talk, a swiftly plunging yuan is back. What's more, the messaging out of China is just as confusing and aggressive as it was before. Again, the government is maintaining that the yuan is floating freely against a basket of currencies, as it has insisted since the end of last year. Again, the government is throwing a tantrum any time the foreign media talks about this issue. And for the first time since the disaster during the winter, the Chinese stock market experienced an almost-instant, eye-popping drop on Tuesday. > One-minute plunge sends Chinese stock futures down by 10% limit > https://t.co/eaL5rfNMQ4 pic.twitter.com/Luq1jFa1kt > — Bloomberg Markets (@markets) May 31, 2016 TO FIX, OR NOT TO FIX Last week, the Wall Street Journal published a bombshell report detailing how the government is supporting the yuan's fix against the dollar. This goes against what the Chinese government promised at the end of last year — to let the yuan float more freely against an unknown basket of currencies. The report prompted The People's Bank of China (PBOC) to rail against foreign media's "fabricated attacks." Then, the head of a Chinese bank and Communist Party official went on the record with Bloomberg explaining how the yuan is set every day. From Bloomberg: The 14 contributors, which must consider the previous day’s yuan closing price price, have to take into account movements in baskets of currencies and have the leeway to consider the effects of client supply and demand, said Sun Wei, deputy general manager of financial markets at China Citic Bank Corp., a unit of China’s largest state-run financial conglomerate. He added that the People’s Bank of China spoke with lenders in February before standardizing the system. There's one very important consideration to add to that, noted in an HSBC note released Tuesday morning. It's "a judgment of market demand and supply, risk appetite and global market developments." That means officials can take into consideration, say, an impending US rate hike — or whatever else they like. [janet yellen] As a result, even less so than the end of last year, Wall Street isn't taking China's public policies on the yuan at face value, which only adds even more to this deep confusion. From HSBC's note on Bloomberg's explanation of the yuan's fixing [emphasis ours]: Notwithstanding the above information about the new fixing mechanism and quotation process that are more transparent and market-oriented, IT IS HARD FOR MARKET PARTICIPANTS TO IMAGINE THAT CHINA'S FX POLICY HAS BECOME TOTALLY 'HANDS-OFF'. IT IS ALSO INCORRECT TO THINK THAT USD-CNY IS NO LONGER A MANAGED CURRENCY. Indeed, the fact that the central bank guides how each bank should think about the fixing indicate there is still some way to go before the RMB can be considered truly market-determined. WHAT IS, AND WHAT SHOULD NEVER BE The thing is, the yuan is weakening partly because the Chinese economy really is slowing. After the volatility at the beginning of this year, the government pumped money back into the housing market to keep things rolling. Credit growth, however, is making less and less of a positive impact on the economy as debt rises. The problem is that China needs productive credit, not just more credit. This very real slow down is evident in all kinds of data, and it's defying Wall Street's expectations with its rapid pace. "China oil data reinforces concerns about a faster deceleration. Our economists have noted that April data showed China may be slowing earlier than the expected Aug/Sep timeline," Morgan Stanley's Adam Longson and his team of analysts wrote. "Our proprietary MS CHEX economic gauge slowed from 11.9% in March to 3.1% in April. The data on China oil product demand (not apparent demand) reinforces these concerns. BOTH DIESEL (A PROXY FOR INDUSTRIAL ACTIVITY) AND GASOLINE (A PROXY FOR CONSUMER) SHOW ANEMIC YOY TRENDS." (emphasis ours) So a weak yuan makes sense for China's data, even if it isn't what the world or Chinese officials want to see. The former don't want a currency race to the bottom, and the latter want stability. Goldman Sachs/Gao Hua economist Song Yu is calling the calm that the yuan experienced over the past few months a "temporary sweet spot." He told Bloomberg in an interview that the government will likely instate capital control measures to restrict outflows. "But this is very much like a game of a cat trying to catch the rats," he said, "whenever the government manages to block a hole through which capital leaks out, people can always dig another hole to bring the money out over time." Think of this as a game of whack-a-mole, except that it's a game of whack-a-mole that can send global markets into a red alert and freak everyone out for weeks at a time — so not a game at all, actually. SEE ALSO: THE MARKET AS WE KNOW IT IS 'CRUMBLING' Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: How I dealt with stress when Greece nearly defaulted
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A. Meeting with representatives of an Indonesian parliamentary committeeThe Deputy Foreign Minister for international economic relations, Dimitris Mardas, today met with representatives of an Indonesian parliamentary committee.The meeting looked at recent developments in the Greek and Indonesian economies, with emphasis on issues of common interest, such as the strengthening of bilateral economic and trade relations, promotion of Greek exports to Indonesia, cooperation in the shipping sector, and cooperation on renewable energy sources and environmental issues.Finally, there was a discussion of issues concerning the signing of a memorandum of cooperation between the Athens Chamber of Commerce and Industry (ACCI) and the...
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Alternate Foreign Minister Nikos Xydakis today chaired a consular meeting at the our embassy in Moscow, with the participation of the Greek Ambassador and Consuls General in Moscow, St. Petersburg and Novorossiysk. At the meetings conclusion, he stated the following:“I am here today to make sure that we have resolved the problems faced by our Moscow Consulate in issuing visas. It wasn’t simple. I was informed of the increased needs in December. Unprecedented action needed to be taken. A plan was made and systematically implemented, bringing results. In the space of 120 days, organizational and technical improvements were carried out;...
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As soon as the European Union ends its trade embargo with Russia, Greece will seek to obtain a license to manufacture Kalashnikov assault rifles in ...
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Tourism in Greece is one of the most important and thriving sectors in the country’s failing economic and social systems. The Greek National Tourism Organization (GNTO) announced it will collaborate with Yahoo and the Travel Channel in order to generate ...
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Russian President Vladimir Putin made a visit to the monastic community of Mount Athos, one of Orthodox Christianity's holiest sites, as the last leg of his two-day visit to Greece. The Russian leader took part in ceremonies marking there marking 1,000 ...
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The migrant and refugee issue and EU security matters will dominate the contacts between the political leadership of Portugal and EU Commissioner ...
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Vladimir Putin and Alexis Tsipras, the current Prime Minister of GREECE, failed to discuss the cancellation of the ban on agricultural products that was ...
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Police in GREECE and the Czech Republic have arrested more than 20 people suspected of forging travel documents for migrants trying to enter ...
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Many Goods and Services in GREECE Go Up June 1st After… ... Home Greek news economy Many Goods and Services in GREECE Go Up June 1st After ...
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Police in Greece and the Czech Republic arrest more than 20 people suspected of producing forged passports and visas for migrants trying to enter Europe.
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Live coverage as Johnson and Gove target fuel prices, Remain puts the business case, and latest poll shows gap narrowing between in and out * Read the EU referendum morning briefing * Michael Gove’s morning interviews - Summary * Chris Grayling’s Vote Leave speech - Summary * Lunchtime summary * Guardian/ICM phone and online polls both show Leave ahead 6.11pm BST The reason I think that it is legitimate to use the £350m figure is because that is the sum that we do send to Brussels and over which we have no control. Because after all what happens is about half of that disappears never to be seen again, and some of it goes to a Greek tobacco farmers, and some of it goes to support Spanish bull fighting and heaven knows what, we just - we don’t know what happens to it. It is in a sense a struggle between people who want to take back control, and a small group of people who do very well out of the current system and who know Christine Lagarde and can go “mwah mwah” with her at Davos, or whatever it happens to be. Of course they’re going to be in favour of the system. 5.48pm BST Nick Ryan, communications director for HOPE NOT HATE, has been in touch to say that, if there were protesters waiting for Nigel Farage, they were not from his organisation. For more on this, see the update at 4.34pm. Continue reading...
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The world of architecture will forever be captivating and unique to us here at stupidDOPE. It’s essentially art in which we work, play and live our lives, some of which are more unique and interesting than others. Well today we get a look at something ...
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The abolition of the special value-added tax status on the GREEK islands was included in the third bailout package signed between the government ...
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In what is likely to be remembered as one of the most exciting finals in GREEK basketball, Piraeus-based Olympiacos defeated their archrivals ...
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Bulgaria’s Cabinet is highly focused on building gas inter-connector pipelines with neighbouring countries, with a special emphasis on the link to Greece, which is part of Sofia’s strategy to diversify gas supply sources and delivery routes, Bulgarian ...
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This restaurant has an energetic vibe and prides itself on serving traditional Greek recipes of dishes that are typically found in any Greek home. They are known for their saganaki, or flaming cheese, having an extensive wine list as well as their mezes ...
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GREECE has retroactively increased taxation on gross gaming revenue that ... Asked about the impact of indirect tax hikes GREECE voted in last week, ...
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Labour MP with a passion for the reunification of the Parthenon marbles Eddie O’Hara, the former Labour MP for Knowsley South, who has died aged 78, had a lifelong passion for Greek scholarship and culture and was a fervent enthusiast for the long-running campaign for the reunification of the Parthenon marbles. An irony of his years of dedication he gave to this cause was his good fortune to be alive to pursue it, as he had been personally identified as a military target when doing national service with the British Army in Cyprus in the late 1950s. A keen sportsman and athlete, he took a daily run outside the army camp, always along the same route in the Cypriot countryside, a routine that was observed by the Eoka terrorists who were fighting to free their island from what was termed “the British yoke” and who mined his path. Had the booby-trap not been discovered in time, the Greek Cypriots would have been denied the subsequent support O’Hara demonstrated as one of the most tireless and articulate advocates of their political interests. Continue reading...
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The flora and fauna of Greece is as unique as the country itself. With over 132 regions vitally important for their vegetation and almost 20 botanical ‘paradises’ with rare flora it is hard to narrow down one specific area to experience Greece’s special natural landscapes. One place that stands out is Chania on the island of
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The Greek capital’s Athens Ledra Hotel is shutting down as new arrivals are being turned away and guests already in the hotel are being relocated to other units in a rush to empty the hotel by Wednesday. Workers say that the closure is taking place at a time when the five-star hotel with 314 rooms is
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The Foreign Ministry expresses its grief at the passing of Ambassador Emeritus Leonidas Mavromichalis.Leonidas Mavromichalis entered the Diplomatic Service in 1958 and represented Greece serving as Consul General in Stuttgart and London, and as Ambassador to Prague and Ottawa. He served as Permanent Representative at the Permanent Representation in Strasbourg and as Inspector General at the Central Service.Foreign Minister Nikos Kotzias and the political and civil leadership of the Foreign Ministry express their condolences to his loved ones.
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Nineteen people involved in the production and shipping of thousands of forged European Union documents have been arrested in Greece and the Czech Republic, the bloc’s law-enforcement agency Europol said.
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… challenges faced by refugees in Greece. A generation deprived The lessons … , classrooms have been improvised across Greece, often in camps by refugees … camps within Greece the situation is particularly challenging, and the Greek state …
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… BEH and Greek natural gas company Gastrade (part of Greek energy group … gas (LNG) terminal in northern Greece. On Tuesday Gastrade reported that … that will cross through Greece, the Interconnector Greece-Bulgaria (IGB). The Alexandroupoli terminal …
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… world might have criticised Greece for being boring, unimaginative … record, in 2001 the Greek Football Association handed responsibility … Greece on four points, the hosts on three. Greece would … scathing still, accusing the Greeks of having secured victory …
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ATHENS May 31 Alpha Bank, Greece's fourth-largest lender by …
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… ATHENS, May 31 Alpha Bank, Greece's fourth-largest lender by … Greek government paper again as collateral for funding Greek lenders, he added. Greek … ECB and the Bank of Greece decreased by 300 million euros …
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