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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, January 14, 2016

Euro Area Praises Greek Pension Proposal, Emphasizes Urgency

… over the next few months.” Greece has debt-service obligations of about … have every interest to support Greece.” Dijsselbloem said completing the review … resulting reward for Greece. “Once the institutions and the Greeks have come …


READ THE ORIGINAL POST AT world.einnews.com

Spanish lifeguards detained for smuggling refugees

[refugeeraft]Five lifeguards from Spain have been arrested in Greece on suspicion of people trafficking refugees. "A preliminary investigation has been opened," a Greek coastguard spokeswoman said, adding that the suspects were likely to be charged with "attempting to facilitate the entry of illegal migrants."


READ THE ORIGINAL POST AT algarvedailynews.com

IMF back on board for third Greek bailout

At Germany's insistence, IMF will help to oversee reform package.


READ THE ORIGINAL POST AT www.politico.eu

Greek Lawyers Protest Planned Pension Revamp

ATHENS, Greece (AP) — Several thousand lawyers, many wearing ties or high heels, have marched to parliament to protest a planned overhaul of the pension system by the country’s leftwing government. Chanting “No retreat till we’re vindicated,” the lawyers came from associations around Greece that are calling on the government to scrap key provisions outlined […] The post Greek Lawyers Protest Planned Pension Revamp appeared first on The National Herald.


READ THE ORIGINAL POST AT www.thenationalherald.com

Next Up for Greece: How to Shrink the Debt

Greece’s creditors are expected to start talking soon over an issue that has been looming over the eurozone since 2010: cutting the country’s mountainous debt burden. Greece already sliced its debts to private lenders through a bond swap in 2012.


READ THE ORIGINAL POST AT www.wsj.com

Greece will need 4 billion euros for debt servicing in first quarter: ESM head

Some euro zone officials expect Greece to get creditors' approval on reforms as soon as February, but others, such as euro zone finance ministers' chairman Jeroen Dijsselbloem, say the process may take months rather than weeks. The reform package includes ...


READ THE ORIGINAL POST AT www.thefiscaltimes.com

Don Corbote’s dodgy sally

“WE NEED more Quixotes,” urged Pablo Iglesias, the mass before him hanging on his every word: “We are dreamers, but we take our dreams very seriously.” The rally in Madrid’s central square last January was a milestone in the transformation of Podemos from a gang of professors into the movement that it is today. Last month it polled 21% in Spain’s general election. Like their counterparts in Greece’s Syriza, Mr Iglesias and his comrades take inspiration from the late Ernesto Laclau, an Argentine sociologist at Essex University. He wrote that lefties should embrace populism; combining charismatic, top-down leadership with bottom-up assemblies, marches and occupations. To know how much Podemos inspires Jeremy Corbyn is to understand the Labour Party today. Rare is the senior Corbynite who has not visited Madrid. Last summer Mr Iglesias endorsed his British admirer, who had hailed the Spaniard’s “new way of doing politics”. Seumas Milne, now Labour’s head of strategy (and, long ago, a trainee at this newspaper, where he learned of capitalism’s wickedness), wrote of the similarities between the two men. Momentum, the group that agitates for Mr Corbyn in...


READ THE ORIGINAL POST AT www.economist.com