How the world sees Greece
Heritage Greece: Changing Lives By Arthur Dimopoulos The National Hellenic Society (NHS) is a relative newcomer on the Greek-American scene. There are rumblings about NHS being a country club of the Greek American elite – NHS members do include leaders from Wall Street. Silicon Valley, Hollywood and Washington power circles – but the characterization […] The post Hellenic Heritage – Changing Lives appeared first on The National Herald.
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As of 2013, Greece is the 13th largest economy in the European Union (or EU). The EU has 28 members. The Greek economy mainly revolves around ...
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As of 2013, Greece is the 13th largest economy in the European Union (or EU). The EU has 28 members. The Greek economy mainly revolves around ...
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| READ THE ORIGINAL POST AT marketrealist.com |
The Greek government-debt crisis, also known as the Greek Depression, is part of the ongoing Eurozone crisis. It was triggered by the arrival of the ...
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In April this year, Greece successfully returned to debt markets with a five-year bond issue. It raised ~$4 billion at a yield of 4.95%. The issue was oversubscribed seven times. On Wednesday, July 9, Greece announced another bonds issue—a second since ...
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The European Union announced on Monday, August 18, its plans to reimburse European farmers hit by the Russian embargo. Even though the list includes producers of various vegetables and fruits, Greek peach producers were not a part of it. However, the Ministry of Agricultural Development reassured that the reason for the ommition of peach producers from the announcement is simply because there is a separate announcement for their case. According to the official EU announcement, the 125 million euros are part of the European Commission’s first measure and they will be used to recall products such as carrots, tomatoes, cabbages, peppers, cauliflowers, cucumbers, gherkins, mushrooms, apples, pears, mixed berries, grapes and kiwis. EU Agriculture and Rural Development Commissioner, Dacian Ciolos, explained that these measures concern all farmers whether they are members of agricultural cooperatives or working alone. “Taking into account the market situation following the Russian restrictions on imports of EU agricultural products, effective today, I am triggering CAP (Common Agricultural Policy) emergency measures which will reduce overall supply of a number of fruit and vegetable products on the European market and when price pressures become too great in the coming months, ” he said. These measures will be applied retroactively from August 18 and will remain in force until the end of November. Those who will benefit from this support are Russia’s major fruit and vegetables suppliers, Poland, Lithuania, Belgium and Holland. The consequences of the Russian embargo will be the subject of a special meeting of agriculture ministers scheduled for September 5.
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Greek Police were successful in dismantling two criminal organizations with 96 members active in Crete, in an operation that took place over the weekend. According to Greek authorities, the two separate organizations had the same leader and were constantly taking part in criminal acts such as extortion, robberies, thefts and drug trafficking in the region of Crete. One of the organizations was involved in various cases of robbery and extortion, as well as offenses relating to explosives, aggravated theft and offenses against property rights and physical integrity. The second criminal organization was accused of possession and trafficking of narcotic substances and for the cultivation of cannabis. Twenty one individuals were part of both criminal organizations, including the leader, a 37-year-old local resident. In total, twelve members were arrested, five of which were part of the organizations’ leading core. Several months of specialized, combined police investigation lead to the arrests which were the result of a large-scale police operation. The felony file formed against the actions of the two criminal organizations includes a total of 96 people. As part of the operation, police performed searches in houses, warehouses and vehicles, and seized the amount of 108,745 thousand euros, 600 grams of cannabis and a cannabis plant, a car used for drug trafficking, two guns, 107 cartridges of various types and calibers, a precision scale, various documents of financial transactions, numerous mobile phones and SIM cards. The arrested members will appear before the prosecutor of Rethymno, Crete, while police will continue to investigate the full range of the criminal activities in which they were involved.
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