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How the world sees Greece
Wednesday, September 16, 2015
'Election on mute' as latest GREEK contest staggers to a close
With only five days to go, there are few signs in the small city of Corinth that a general election takes place on Sunday. Only the communist KKE party ...
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| READ THE ORIGINAL POST AT www.irishtimes.com |
GREEK wages in crisis: Whose loss and whose hope?
From an already elevated value of 8% in 2008, the GREEK unemployment rate rocketed to 27% in 2013 and has since remained in that ballpark.
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| READ THE ORIGINAL POST AT blog.oup.com |
OSU GREEK leaders get a taste of fire-safety training
Patton said students in GREEK houses are typically good about enforcing fire-safety rules, but he emphasized that danger still exists. In addition, he ...
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| READ THE ORIGINAL POST AT www.gazettetimes.com |
Hundreds of GREECE-bound refugees blocked in Turkey
EDIRNE: Around 1,000 refugees remained stranded today in the northwestern Turkish city of Edirne, near the Greek border, after being barred by ...
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| READ THE ORIGINAL POST AT economictimes.indiatimes.com |
Pound jumps as UK wage growth hits six-year high
Chancellor welcomes news that average earnings rose by 2.9%, but 10,000 more people are out of work than three months ago * Full story: Wage growth fastest since 2009 * UK unemployment rate at 5.5% <- coverage starts here * Rate expectations push pound up * Osborne’s response * The key points 2.02pm BST The August US inflation figure will probably not change the Federal Reserve’s decision on interest rates, said Rob Carnell of ING Bank. He expects no change from the central bank although admits a small hike could be on the cards: US August CPI was the last significant piece of data standing between the Federal Open Market Committee and its rate decision on Thursday, and it came in almost bang on expectations, with the only marginal deviation from expectations being the core inflation rate, which was unchanged at 1.8% year on year - though from an expected 0.1% month on month gain, so almost certainly just a rounding effect. Headline inflation was unchanged at 0.2% year on year, dragged down by a 2.0% month on month decline in energy prices – not surprisingly. 1.52pm BST Followers of the eurozone debt crisis should check out this story from Athens, on the worrying rise of Greece’s extremist GOLDEN DAWN party, ahead of Sunday’s elections: Related: Greek election 2015: Golden Dawn exploits atmosphere of austerity-driven despair Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Monday, September 14, 2015
EU Commission Sees Pressing Need to Introduce Binding Migrant Quotas
The European Commission said on Sunday that Germany’s decision to temporarily reintroduce border controls along its border with Austria underlines the urgency for all EU member states to agree on the proposed distribution of migrants under binding quotas. The proposal was made by the EU Commission President Jean-Claude Juncker last week in his first State of the Union speech as head of the EU's executive body. German Chancellor Angela Merkel informed Juncker over the phone on Sunday about the temporary reintroduction of controls at the borders with other EU member states, particularly at the German-Austrian border, the EU Commission said in a statement. “The temporary reintroduction of border controls between Member States is an exceptional possibility explicitly foreseen in and regulated by the Schengen Borders Code, in case of a crisis situation. The current situation in Germany, prima facie, appears to be a situation covered by the rules,” the European Commission said in a statement. Noting that the EU institutions have the task to ensure the proportionality of the exceptional measures concerned, the EU Commission said that it will aim to help ensure that the EU “can go back to the normal Schengen system of open borders as soon as feasible.” The EU Interior Ministers will hold an extraordinary meeting on Monday to try to approve Juncker’s proposal to introduce mandatory quotas for the relocation of about 160,000 migrants from Syria, Iraq and Eritrea currently sheltered in Greece, Italy and Hungary, to 22 of the other EU member states. Denmark, the UK and Ireland are exempt from the mandatory scheme but can volunteer to accept migrants if they wish to do so. Bulgaria's Interior Minister Rumyana Bachvarova said last week that the country will meet its commitment to accept refugees under the Juncker proposal.
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| READ THE ORIGINAL POST AT www.novinite.com |
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