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| READ THE ORIGINAL POST AT online.wsj.com |
How the world sees Greece
Friday, November 30, 2012
In the End, Greek Crisis Will Hit Taxpayers
This week's deal on Greece's debt points to an (almost) iron rule of sovereign-debt crises: Significant losses fall on taxpayers in creditor countries because debt originally extended by private creditors, one way or another, ends up on the balance sheet of the public sector.
ECB Withholding Secret Greek Swaps File Keeps Taxpayers in Dark
ECB Withholding Secret Greek Swaps File Keeps Taxpayers in Dark Bloomberg The first document is entitled “The impact on government deficit and debt from off-market swaps: the Greek case.” The second reviews Titlos Plc, a structure that allowed National Bank of Greece SA, the country's biggest lender, to borrow from the ECB ... |
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| READ THE ORIGINAL POST AT www.bloomberg.com |
German lawmakers to approve Greek bailout despite unease
 Philadelphia Inquirer | German lawmakers to approve Greek bailout despite unease Reuters All week, German newspapers have reverberated with predictions, including from some coalition lawmakers, that Germany and other euro zone countries will eventually have to write off some of their Greek debt holdings. Jens Weidmann, head of Germany's ... German right won't snub Merkel in Greek vote: ally Greek Bond Buyback Hostage to Below-Market Prices: Euro Credit Merkel's Election Schedule Weighs on Greek Bailout |
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| READ THE ORIGINAL POST AT www.reuters.com |
HIV Soars Among Greece's Drug Users While Programs Cut
HIV Soars Among Greece's Drug Users While Programs Cut Businessweek HIV infections among drug users in Greece jumped more than 20-fold in fewer than two years, fueled by a lack of needle exchange and methadone programs, according to the European Centre for Disease Prevention and Control. The ECDC, the European ... Health officials tell Greece to act fast to control HIV |
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| READ THE ORIGINAL POST AT www.businessweek.com |
Alepotrypa: Incredible cave which experts believe inspired the Greek legend of Hades
Experts have spent the last few decades excavating the cave - named Alepotrypa which means 'foxhole' - after it was discovered in Diros Bay, southern Greece, by chance in the 1950s.
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| READ THE ORIGINAL POST AT www.dailymail.co.uk |
Greece's Debt Buyback May Address Holdouts, Troika Says
Greece's Debt Buyback May Address Holdouts, Troika Says Businessweek Greece's debt-buyback operation may extend to holders of almost 4 billion euros ($5.2 billion) of government bonds who opted not to participate in the country's debt restructuring earlier this year, the biggest in history. The buyback will “address ... |
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| READ THE ORIGINAL POST AT www.businessweek.com |
Why Wealthy Greeks Don't Want to Pay Taxes
Taxes (Photo credit: Tax Credits) Anyone who watched the newly released movie God Loves Caviar, portraying the life Ioannis Varvakis -- one of Greece’ great benefactors -- would probably have concluded that wealthy Greeks love their country. Anyone who has been in Greece could also have noticed that many public buildings, hospitals, [...]
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| READ THE ORIGINAL POST AT www.forbes.com |
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