How the world sees Greece
Former Purdue guard Grant finding second wind in Greece Journal and Courier “I loved playing in Greece,” Grant said. “There's nothing to dislike about Greece. Everything that you might see on a postcard, that's exactly how it's going to look in Greece. The people are very nice. There's great hospitality, the food is delicious ... |
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DAMASCUS, Syria - A suicide bomber blew himself up near the headquarters of Syria's Greek Orthodox Church in Damascus' Old City, killing at least four people Thursday, minutes after the patriarch had entered the cathedral, state-run TV and a church official said.
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Kathimerini | Cosco chief calls on fellow Chinese to invest in Greece Kathimerini Chinese group Cosco is evolving from a strategic investor in Piraeus into a strategic ally of Greece, as its head, Captain Wei Jiafu, said on Thursday while signing the agreement for the expansion of Dock III of the country's biggest port that he will ... Twin Win For Greece, TAP and COSCO Samaras: Greece welcomes more investment from China Government of Greece and Tap sign Host Government Agreement |
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New York Daily News | Uncle George's Greek Tavern, fixture of Astoria restaurant scene, owed about ... New York Daily News The closing of a beloved Greek eatery has signified the end of an era in Astoria's increasingly trendy restaurant scene. Uncle George's Greek Tavern was forced out of its longtime storefront in the heart of the busy neighborhood after a rent dispute ... |
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Leaders at summit in Brussels determine to bring down youth unemployment rates which are as high as 50% in some areas
European leaders pledged last night to launch a battery of new measures to combat the scourge of youth unemployment, following three years of austerity policies and spending cuts that have contributed to soaring jobless rates.
But the EU summit in Brussels did not raise new funds to help combat the problem in countries such as Greece, Spain or Portugal; instead, it ordered a rediversion of money from within the EU budget. After months of wrangling, the various warring EU institutions also agreed a new seven-year €960bn (£820bn) budget. The summit decided to devote €6bn of that to fighting unemployment, prioritising the resources on regions where youth unemployment is higher than 25%.
In addition, the European Investment Bank is to borrow on the markets to increase lending to small businesses in an attempt to bypass the credit crunch and encourage the hiring of school-leavers.
The €6bn is expected to have limited impact in countries like Spain or Greece where official figures show youth unemployment exceeding 50% following years of austerity policies.
Angela Merkel, the German chancellor fighting for a third term in September, also wants to counter youth unemployment. She has convened another European summit in Berlin next week devoted to the issue.
Senior European officials conceded that the two-day summit opening on Thursday evening was an exercise in treading water, with all decisions of substance in the EU being put off until after Germany's general election on 22 September. The next summit is scheduled for October.
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| READ THE ORIGINAL POST AT www.guardian.co.uk |
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| READ THE ORIGINAL POST AT www.greekherald.com |