How the world sees Greece
Greek right-wing Independent Greeks (ANEL) leader Panos Kammenos, the junior partner of the leftist SYRIZA government, appeared on TV Presenter George Papadakis’ morning show on Friday. He criticized many of the measures voted through in Greek Parliament ...
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The Austrian government plans to invite Greece to the second conference on the Western Balkans and the refugee crisis at the level of Foreign and Interior Ministers, which will take place in Vienna, according to the Independent Balkans News Agency.
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The Milwaukee Bucks have approved the request of Giannis Antetokounmpo to play for his native Greece as the country makes a run at qualifying for the Summer Olympics. Antetokounmpo will play in Olympic qualifiers for the Greek National Team in Group Play ...
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The European Commission has demanded changes to Greece's tonnage tax system, something that has been met by mass exodus threats from GREEK ...
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… ) revised the funding needs of Greece and the Western Balkans states … . Macedonia closed its border with Greece to incoming migrants in February … of refugees being stranded in Greece, particularly along the border with …
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… island of Antikythera in southern Greece, where the mechanism's … 1901. (Brett Seymour/ARGO via Greek Culture Ministry/Associated Press) About … ) It was probably made in Greece between 200 and 70 B …
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… Greece but for other countries," Theodore Veniamis, head of the Greek … ; the shipowners' presence in Greece. "There is no competition … shipowners coming to Greece's (presumed tax) paradise. Greek shipowners are …
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German Finance Minister Wolfgang Schaeuble appeared upbeat on Greece at a conference hosted by Deutsche Bank on Friday. He said that Greece had implemented the majority of required measures under the bailout package and was headed towards regaining global market trust. He said that the country “can begin to stand on its feet again and
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The U.N. refugee agency reports a multi-million-dollar appeal begun early this year on behalf of tens of thousands of refugees and migrants in Greece and along the Balkan route is outdated and needs to be revised upwards. The U.N. refugee agency and 60 ...
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An online petition calling on the GREEK government to allow GREEKS to pay off their outstanding home loans at the value they are being sold off to ...
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While most choices are good, GREEK offerings are some of the most popular. Maybe it's because so few of us ever cook the cuisine at home. It's time for ...
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A buy-out of the Greek port by Chinese shipping giant COSCO is closer to completion, defying protest. Meanwhile, Germany, pleased by Greece's economic reforms, has given its stamp on new credit for its government.
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Giannis Antetokounmpo will lead the Greek national team in the upcoming pre-olympic tournament of Turin, Italy. The Greek player met today with the Bucks’ owner Marc Lasry and expressed his wish to play with the Greek national team. Despite the fact that the initial plan of the Bucks for Giannis was to take a break
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ATHENS: Greece's cement maker Titan said on Friday it was issuing bonds worth 300 million euros ($338 million) after increasing the offer due to high investor demand. Orders for the notes due 2021 with a 3.50 percent coupon exceeded one billion euros, the ...
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The United Nations refugee agency today announced a revision to the regional Refugee and Migrant Response Plan, involving 60 partner organizations and covering the eastern Mediterranean and Western Balkans route, in order to focus on the static population in Greece and on protection activities.
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Rain or shine, under the big tent or inside our beautiful Hellenic community center, authentic Greek cooking, baking, and music. The Greek Festival will be held at the Annunciation of the Virgin Mary Greek Orthodox Church of Woburn at 70 Montvale Ave.
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The GREEK National Team will head into the 2016 Olympic Qualifier with The GREEK Freak in the fold. Giannis took to Instagram to announce the ...
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GREEK corporate Titan Cement cleared a five-year deal at 3.50 percent, just one year after Greece's standoff with creditors saw the company's bonds ...
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A bride who spent two years planning her big day in Greece has been left shattered after a holiday company blunder turned her dream wedding into a ...
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New maps reveal the areas of Europe most likely to be hit by Zika this summer. Southern Europe will become a 'fertile ground' for the virus because warmer temperatures increasing the rate at which the disease-carrying mosquitoes reproduce and bite ...
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[Goldman Sachs analysts Paul Antonios, Olivia Benjamin, Peter Heye, Ashley Macaulay, Sam Obletz]Goldman Sachs It's not every day that a group of young analysts gets to pitch an idea close to their hearts to a Wall Street chief executive. But that was the case for a handful of Goldman Sachs junior staffers this week who found themselves in a meeting with CEO Lloyd Blankfein and some of his top lieutenants, presenting months of their own hard work and research. They were finalists in the "Goldman Sachs Gives Analyst Impact Fund" competition, in which analysts around the world who've been with the firm for more than a year vied for a grant for the nonprofit organization of their choice. The initiative, launched this year, is funded by Goldman Sachs Gives, the philanthropic fund sponsored by the firm's partners, and judged by the partnership committee. "If you would have told me a few years ago that as a second-year analyst at Goldman, I would have the opportunity to be pitching to Lloyd Blankfein and the partnership committee on behalf of an organization that I vehemently believed in ... I would tell you you're crazy," Olivia Benjamin, a member of the winning analyst team, told Business Insider. Benjamin, an analyst in the investment management division's Alternative Investments and Manager Selection group, teamed up with fellow analysts Paul Antonios, from the securities division, Ashley Macaulay, from the investment management division, and Peter Heye and Sam Obletz from the investment-banking division. They pitched the non-profit Bayes Impact, which uses data to help the underserved by building open-source software products that are donated to disadvantaged citizens. Three winning grants were awarded this week — $100,000 for the first prize winners, $50,000 for second prize, and $25,000 for third prize. Benjamin's team, which won the $100,000 grant, was able to secure an additional $100,000 in matching Goldman Sachs Gives commitments from other partners for Bayes Impact. [Edith Cooper]Goldman Sachs Recruiters and human-resource staff across the Street know that millennials want to feel like their work has an impact. In an effort to hire and retain top talent, investment banks have been rolling out increasingly creative initiatives for junior staff. Barclays, for example, recently launched a half-day "ideation workshop," giving junior bankers the chance to play startup founders for the day and develop problem solving, presentation, and teamwork skills. Goldman Sachs is also overhauling the way it provides feedback to better suit the needs of millennial employees. "Folks that are coming into the firm out of universities are looking to do more," Edith Cooper, Goldman Sachs' head of human capital investment and vice chairwoman of the partnership committee, told Business Insider. "So many of them have recognized their role in society, so we felt that it was important for them to be able to really express those interests and those causes that they're excited about and partner literally with the most senior ranks of the firm on making a difference in these organizations," she added. After the competition was announced in March, 124 teams comprising some 450 analysts submitted applications. With the help of volunteer judges at the vice president-level, those were eventually whittled down to 6 final teams. At that stage, the analyst groups were each paired up with two vice presidents who coached them through the in-person pitching process. Mark Wetzel, a VP in the merchant bank, and Casey LaFlamme a VP in securities, coached the winning team. By the time they got in front of the partnership committee, the team had rehearsed their 8-minute pitch upward of 40 times, Benjamin said. They had settled on Bayes after searching for an organization that demonstrated impact, scalability, and innovation. The analysts embarked on an extensive due diligence process, getting to know Bayes' management team and connecting them with Goldman's own information security team. [Goldman Sachs analysts Paul Antonios, Olivia Benjamin, Peter Heye, Ashley Macaulay, Sam Obletz.]Goldman SachsBayes' cofounders, Paul Duan, 24, and Eric Liu, 25, were similar both in age to the analysts, who are between 23 and 25 years old, and in mindset. "We were initially drawn to them as a group of [young], like-minded individuals that had a passion to affect impact on a very large scale in real time," Benjamin said. "That's something tech can do in a way that nothing else can." Bayes' Liu said the Goldman Sachs juniors went out of their way to get to know his organization — digging into its model, asking for filings and documents, getting to know individual groups within the company, and even speaking to its board members. "For a group of people that had no experience in the non-profit space, they probably came out with a stronger pitch for Bayes than I've given before," he said. Having been introduced to Goldman's information security team and the security division's strats team, Bayes will meet next week with Goldman Sachs Gives to discuss next steps and how the bank can continue to work with the organization. The second-place grant will be given to Digital Green Foundation, which a team of three from Bengaluru pitched. In third place is Solar Aid, which was pitched by a team of three from London. NOW WATCH: FORMER GREEK FINANCE MINISTER: How I dealt with stress when Greece nearly defaulted
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When my cousin Juliet and one of her friends, both eighth-graders, joined the women’s weightlifting team at their school, I was astonished. When else in history could such a thing have been possible? The girls had done it, Juliet explained, “because we ...
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BRUSSELS (AP) — European Union nations say Turkey is a safe country for migrants to be returned to despite some Greek court rulings that people should not be sent back there.
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Greek police are investigating the explosion of Greek publisher Panayiotis Mavrikos’ Porsche while he was driving it on the Attica Highway on Thursday. The Acropolis newspaper publisher’s charred body was pulled out of the car, with speculation rocketing regarding the tragic accident bearing in mind his arrest earlier in the year on charges of trying
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… by another lawmaker. Last week Greek lawmakers approved a set of … financial markets. “Greece has largely implemented the reforms. Greece can begin to … an interview published Friday that Greece had already significantly increased its …
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Giannis Antetokounmpo will lead the Greek national team in the upcoming pre-olympic tournament of Turin, Italy. The Greek player met today with the Bucks’ owner Marc Lasry and expressed his wish to play with the Greek national team. Despite the fact that ...
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SAN DIEGO, CA – Steve “The Flying Greek” Pisanos, a decorated fighter pilot with both the British (Royal) and United States Air Forces, died on June 6 at age 96, the San Diego Times reported. Born in Athens in 1910 and the son of a railroad engineer, the young Pisanos was always fascinated with becoming
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Milwaukee Bucks point guard Giannis Antetokounmpo finally has the go-ahead to play for his native Greece this summer. Now it is up to him to try and help the Greek team qualify for the Rio Olympic Games in August. Antetokounmpo had discussions with the ...
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Four seven-year-old GREEK pupils with hearing problems have won their Thessaloniki school the top prize in the European Commission's School ...
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Foreign Minister Nikos Kotzias will meet at 11:00 on Saturday, 18 June, at the Foreign Ministry, with UN Secretary General Ban Ki-moon, on the occasion of the latter’s visit to Greece.
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Wanna feel old? In a few billion years, the dying sun will expand into a red giant star and engulf this planet, and everything that lives on it, and ever lived on it, and anything any human ever knew or dreamed or felt, in a fiery doom. Also, Lindsay Lohan ...
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Giannis Antetokounmpo led Greece to an impressive showing in EuroBasket last fall, but the Greeks fell short of qualifying for the 2016 Rio Olympics. Still, they played well enough to make an Olympic Qualifying Tournament. The Bucks forward will help them ...
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German finance ministry spokesman Martin Jaeger on Friday denied any suggestion that the Greek programme was "brutal," saying that it had been in proportion to the difficult situation in Greece and the only option. He also expressed optimism that Athens ...
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The 43rd Annual GREEK Cultural Festival is where over the four day event, families and friends can immerse themselves in the "GREEK experience" by ...
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It was as if, the GREEKS were not human anymore. That one day 15,000 GREEK fans roared for their team's fortunes for so long. But you could've ...
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MILWAUKEE (2016 FIBA Olympic Qualifying Tournament) - Giannis Antetokounmpo will be on the GREECE roster at the FIBA Olympic Qualifying ...
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The German parliament's budget committee on Friday voted in favor of releasing the next tranche of aid to GREECE from the European Stability ...
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Strawberry and Dessert Tasting Festival: 4 to 7 p.m. June 20, GREECE Historical Society and Museum, 595 Long Pond Road, Rochester. The event will ...
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While across the EU as a whole, 4.3 percent of the labor force is unemployed over the long term, the figures for GREECE (17.7 percent), Spain (10.8 ...
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Bulgaria: Russia Says New Gas Supply Routes to GREECE, Italy Depend on EU Decisions Russian Energy Minister Alexander Novak speaks with ...
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The statement came shortly after the German parliament approved the disbursement of 7.5 billion euros of aid from the ESM to GREECE. During a ...
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… could mirror what happened in Greece, where the new left-wing Syriza … voters away from the traditional Pasok socialists. The fourth significant national …
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Greece's top shipping lobby on Friday warned that EU scrutiny of their tax concessions would open a "Pandora's box" of revelations concerning other states, with harmful consequences all around. "If we enter a full investigation and consultation begins..
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Angry protesters upset with the lease of Piraeus' port to a Chinese company blocked the entrance to Greece's privatization agency
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The European Court of Justice’s Advocate General said that Greece’s government can’t block the firings of private workers, dealing a blow to Prime Minister Alexis Tsipras’ attempt keep control of mass dismissals. The ruling comes as the coalition of his Radical Left SYRIZA and its partner, the tiny pro-austerity, far-right, jingoistic Independent Greeks (ANEL) is
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With Greeks ignoring five smoking bans over the last 10 years, the government is taking another crack at stopping them. Good luck.
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The US State Department told Turkey not to allow readings of the Koran in the venerable Haghia Sophia Orthodox Church in Constantinople.
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Bulgaria: Bulgarian Banks Are Stable, PM Borisov Tells GREEK C-Bank Chief Stournaras Bulgarian Prime Minister Boyko Borisov shakes hands with ...
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The UK is still tearing itself apart over whether to leave the EU in the June 23 referendum, with migration emerging as the number one campaign issue. The EU investment plan has been mid-term evaluated and budgets stayed in the focus in Portugal and Greece. This week the UK’s EU referendum made the lead in […]
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[red warning lights signal siren]Wikimedia Commons Albert Edwards thinks that the US economy is about to hit the rocks — hard. This may not be surprising for anyone who follows Societe Generale's admitted perma-bear, but according to Edwards' latest weekly commentary the signals for a recession are mounting. Edwards said that in his Ice Age thesis, the idea that we're in the midst of a multi-decade downturn for stocks and financial assets, spotting recessions is the biggest key to surviving the cold. "The key to the Ice Age thesis is to sound CONDITION RED ALERT as each recession approaches, because the equity outcome then always proves much worse than anyone expects due to the additional phase of secular de-rating," the strategist wrote in a note to clients Friday. Based on Edwards' reading of the latest data out of the US, it appears that it is time to sound the alarm. Here's Edwards (emphasis added): In the aftermath of the latest, weaker than expected, nonfarm payroll data, economists are certainly more worried. The excellent folks at Advisor Perspectives highlight the Fed’s Labour Market Conditions Index as suggesting A RECESSION IS IMMINENT (the cumulative peak is an average of 9 months ahead of the start of recession and we are now four months beyond a peak. For investors who think copper still has some predictive power, its recent move is disturbing. [Screen Shot 2016 06 10 at 7.40.10 AM]Wikimedia Commons This of course, is just another recession in Edwards' Ice Age thesis, which posits that during long-term equity downturns, it takes at least 4 recessions to work through. So far according to Edwards, we have only had two since the top of the bubble in 2000, thus we still have a way to go until the pain is over. "The secular bear market only ends when cyclically-adjusted valuation measures reach rock bottom (such as the Shiller PE on the bottom line)," said Edwards. "Each successive recession (red part of real S&P top line) sees huge downturns, usually to new lower lows of both prices and valuations. That is why we reiterated our view early this year that in the coming recession the S&P will bottom at 550, a 75% decline from current levels." [Screen Shot 2016 06 10 at 7.50.51 AM]Wikimedia Commons Of course there are always arguments in the other direction. Despite the weak jobs report that Edwards mentioned, both job openings and weekly jobless claims numbers came in strong for the labor market. Copper, it could be argued, is also facing sector-specific trends as opposed to macro fears. In spite of this, Edwards maintains that he is bearish for a reason, despite it being a difficult spot. "We remain at the bearish extreme of the market," he wrote. "It is not a pleasant place. It is cold, dark and damp. People either don’t speak to you or send you abusive e-mails. Members of your own family pretend not to know you. Actually, I made that last bit up." So in Edwards mind, there is no good news for the market on either a short-term or a long-term basis. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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