How the world sees Greece
No Joe, that’s not how to do it. The correct way to think through this is to note that Puerto Rico is like Greece. In almost exactly the same economic situation in fact. And thus the solution is the same. What should really happen is that Puerto Rico ...
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| READ THE ORIGINAL POST AT www.forbes.com |
Stocks on the Athens bourse had a rather quiet start to the week on Tuesday, the same day that talks resumed on the second bailout review, with expectations remaining low for now. Trading volume only
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| READ THE ORIGINAL POST AT www.greekherald.com |
Greek potato hash is really tasty! Go Greek this week! This is a really tasty way to enjoy spuds. An infusion of Greek kick in this dish.Serves 6 Prep time: 10 minutes Cook time: 20 minutes...
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| READ THE ORIGINAL POST AT www.greekherald.com |
According to the Greek Marinas Association (GMA) and Greek vessel manufacturers, the new proposal is indirectly encouraging vessels to moor for winter at other European ports so as to avoid paying the levy in Greece and then to visit and get a 20 percent ...
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| READ THE ORIGINAL POST AT news.gtp.gr |
NEW YORK – Greek-American billionaire John Catsimatidis is ramping up his team ahead of another possible run for mayor next year. The business mogul was spotted […] The post John Catsimatidis May Run for NY Mayor Again appeared first on The National Herald.
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| READ THE ORIGINAL POST AT www.thenationalherald.com |
KAVALA – East Macedonia and Thrace in the north of Greece is one of the most unexplored regions of the country, ideal for nature enthusiasts, […] The post The Seven Wonders of Northern Greece appeared first on The National Herald.
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| READ THE ORIGINAL POST AT www.thenationalherald.com |
* Dow Jones Industrial Average hits 21,000 for first time * German inflation rate rises about ECB’s 2% eurozone target * FTSE 100 heads towards new peak * UK manufacturing slightly weaker than expected * Eurozone factory activity boosted by weak euro * Federal Reserve comments raise rate hike expectations * Trump speech calms markets 2.33pm GMT As investors react favourably to Donald Trump’s address to Congress, US markets have followed the lead from their counterparts elsewhere and opened in a positive mood. The Dow Jones Industrial Average has jumped above 21,000 for the first time, adding 201 points or 0.95% to 21,013 while the S&P 500 rose 0.79% and the Nasdaq Composite 0.85% at the open. 2.15pm GMT Over in Greece a 24-hour strike by transport workers has unleashed traffic chaos in Athens and put further pressure on the leftist-led government as creditors step up demands for a new package of cuts worth 2% of GDP. Helena Smith reports: As spring approaches, public sector workers are stepping up pressure on prime minister Alexis Tsipras’ government with increased industrial action. After seeing the Acropolis closed by protesting guards last week, Greeks woke up to a 24-hour hour strike by metro, tram and urban rail employees across the capital today. Workers, who will stage a similar walkout on Friday, are up in arms over legislation allowing the cash-starved Athens transport organisation (OASA) to make commercial use of stations. Arguing that the law is the first step to privatization, they claim it will ultimately undermine the public character of the transit network and hurt consumers. Protests against further pension cuts have also been announced by doctors working in state-run hospitals with a nationwide 24-hour walk-out planned tomorrow. In a proclamation released at lunchtime, the Panhellenic Doctors Association called on medics in the public and private sector to participate in the mass display of opposition against reduced pensions and increased contributions. The decision to unify pension funds would, they said, only exacerbate the paring back of desperately needed resources for the health sector. At 11%t of GDP, the IMF argues that Greece spends more on pensions than almost any other state. The protests come as Greek officials spoke of a wealth of differences with creditors who this week resumed stalled bailout negotiations in Athens. Acknowledging that headway had yet to be made on the counter measures the government hopes to install to offset the impact of further tax and pension reforms, the Greek finance minister Euclid Tsakalotos told parliament on Tuesday that nothing was agreed until everything was agreed and that austerity was far from over. Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |