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Jan 1, 2012

GREECE News, Jan 01, 2012

Greece starts new year in downbeat mood
euronews
As January 1st arrived, they let off fireworks over Athens, but there is little for Greece to celebrate as 2012 starts. in his New Year's Eve address, Prime Minister Lucas Papademos warned the Greeks they face more tough times: “A very difficult year ...
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euronews
Will Greece Revert Back To The Drachma?
Seeking Alpha
Greece continues to face a sea of financial quagmires and fiscal uncertainty. It has just encountered another round of revenue shortfalls, this time from taxation that will result in a double-digit deficit and failure to achieve stated revenue targets. ...
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Greece: President urges consensus
EMportal
He said that the formation of the cooperation government under prime minister Lucas Papademos is a significant step "that must not remain suspended", adding that "the front against Greece's exit from the eurozone must be indissoluble, because it is our ...
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Michigan State AD Mark Hollis sees potential with Pac-12, game in Greece
Detroit Free Press
Hollis spoke to Free Press sports writer George Sipple about some of those ideas, including a possible Michigan State-Southern Cal basketball game in Greece, why he likes the idea of the Big Ten/Pac-12 partnership and why he believes the Rose Bowl can...
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What's in store for Greece in 2012?
Greece Post
By Melissa Daniels, staff writer In 2012, the town of Greece has plans for renovations and expanding programming at a number of facilities. Changes to local business and progress on Dewey Avenue developments are slated to be addressed in a series of ...
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Op-Ed: EU sanctions on Iranian oil will result in more Greek hardship
DigitalJournal.com
Greece blocked the proposal for EU sanctions against Iranian oil exports last month. Following further sanctions signed into law by Obama, further pressure is expected to be heaped on Greece, even though an oil embargo would cause further financial ...
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DigitalJournal.com
A Quick Guide to the Eurozone Crisis
The Fiscal Times
Since joining the euro back in 1999, the governments of Greece and Portugal (among other offenders) have gotten used to spending a lot of money. When times were good, it wasn'ta problem — banks and other investors were willing to lend them money on ...
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The Fiscal Times
Michigan State vs. USC in Greece Would Breathe New Life into College Hoops
Bleacher Report
They are planning to play a game against USC at Panathinaikos Stadium in Athens, Greece, the home of the first modern Olympic Games that was played in 1896, according to the Lansing State Journal. If Mark Hollis, athletic director at Michigan State, ...
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Bleacher Report
College football in 2012 more about growth potential than settling in
CBSSports.com
Yes, the reference is to Athens, Greece, not Georgia. Michigan State playing USC in the cradle of the ancient gods is a goal. Call it football spit-balling. Hollis is a noted big-picture guy. It was his idea to stage basketball's Carrier Classic this ...
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Merkel Tells Nation She'll 'Do Everything' to Save Euro in 2012
BusinessWeek
A crisis that began in Greece two years ago has moved to the euro-area's core and leaders are struggling to convince investors they can contain the risk and assure the euro's survival. For Greece, “the next three months will be particularly crucial,” ...
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The year of dissent: Battling Europe
RT
2011 will be remembered for its mass protests in Greece where angry crowds clashed with police and trashed the streets of Athens in response to the government's austerity measures. The leaders there remain have been under immense pressure from the EU ...
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Globetrotting with the 'D'
Detroit Free Press
Santorini, Greece: Deirdre, Jesse, Halle and Tony Jimenez of White Lake Township on the island in the south Aegean Sea. / Anthony Jimenez Rome, Italy: Saginaw Valley State University students Lauren Wietchy, Gina Papandrea and Megan Olivieri at the ...
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Business calendar
Rochester Democrat and Chronicle
Greece Chamber Monthly Networking Luncheon: Congresswoman Kathy Hochul will give us an update what is happening in Congress and the challenges they are currently facing. 11:45 am to 1:15 pm Jan. 12. Registration required. ...
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Distinguished Kansan, sports: Brady Tanner
Topeka Capital Journal
Lawrence resident Brady Tanner won three gold and one silver medal at the Special Olympics Summer Games last summer in Athens, Greece. By Eric Smith After the year powerlifter Brady Tanner had in 2011, you could call him a northeast Kansas celebrity. ...
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Poll shows slump for Socialists
The Press Association
A poll shows Greece's socialists, who ruled alone for two calamitous years, have plummeted in popularity and are now trailing their new conservatives partners in a coalition government by nearly 9%. A poll published in newspaper To Vima shows the ...
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Weekly agenda
Rochester Democrat and Chronicle
The Greece Town Board will hold its organizational meeting at noon in the Eastman Room in Town Hall, 1 Vince Tofany Blvd. The Irondequoit Town Board will hold its organizational meeting at 10 am at Town Hall, 1280 Titus Ave. ...
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Ryan Callahan, Brian Gionta make us proud
Rochester Democrat and Chronicle
CHARLES LECLAIRE US Presswire The sign sits alongside Route 390, just beneath Ridgeway Avenue: "Welcome to Greece," it boasts. What it could also say: "Where leaders are born." With just under 100000 residents, Rochester's largest suburb is home to the ...
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Success should not be punished
Laurel Leader Call
By Chris McDaniel, columnist Laurel LAUREL — The European nation which recorded the largest decrease in income inequality between 1985 and 2008 was Greece, a nation facing economic calamity. In calling for higher taxes and more regulations to manage ...
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BlackRock's Bob Doll sees hopeful signs in 2012
Sioux City Journal
Greece could still default on its debt, causing huge losses for banks in France and elsewhere that hold Greek bonds. Investors fear that could cause a financial panic to spread around the world, like what happened in 2008 after the US brokerage Lehman ...
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Source: The Australian
The Australian
As the year progresses, the unravelling of the European welfare state, exemplified inGreece's virtual collapse, will be transmitted to Australia through turbulent bank funding markets, the impact on trading partners such as China, and confidence and ...
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Architects of a currency in crisis
ABS CBN News
The crisis erupted first in Greece. Giscard, a hellenophile, did as much as anyone to bring Athens into the European Union. He championed its EU candidacy at a crucial moment in 1979, fending off German objections and European Commission reservations...
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Retail sales down 30 percent over Christmas
Kathimerini
Greece's stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period last year as the economic crisis shattered consumer confidence, the ESEE retail federation said on Tuesday. ...
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Barry Sussman: Who Are the 25 Most Powerful, Unelected People in America?
Nieman Watchdog (blog)
He has been living in Greece for a while and thus has a calm, detached perspective on what's going on in American politics. He wrote: Just about every sane person is (or a significant number of people are) appalled by the field of candidates vying for ...
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Nieman Watchdog (blog)
Stores are switching chocolate coins back to Sterling as taste for euro takes ...
Daily Mail
By Jonathan Petre Its value is plummeting, debt-ridden nations such asGreece are on the brink of abandoning it, and now the euro has suffered a fresh indignity. British stores have stopped selling chocolate versions of the coin. ...
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Daily Mail
ANZ set sights on EU banks' Asian assets
The Australian
Smith's solution is targeted and brutal, recognising that country bailouts are OK for eurozone midgets such as Greece but become impossibly large when talking about Spain or Italy. The Smith blueprint involves shock therapy for basket cases Greece, ...
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CAROL J. (BLACK) BELLANTONI
Times Herald-Record
Carol J. (Black) Bellantoni of Greece, NY died on Saturday, December 24, 2011, on her birthday at the age of 79. Predeceased by her daughter, Bonnie Black. Survived by her husband, Anthony; son, Mark (Marie) Black; brother, Wesley (Doris) Demler; ...
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Putin and Russia church lobby Greeks to "reconsider" Ephraim imprisonment
London Daily News
Abbot Ephraim the head of the world famous Vatopaidi Monastery on Mount Athos Greece, is still in an Athens jail, despite floods of protests from all over the world, with the Russian Government and Russian Orthodox Church leading the campaign to free ...
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London Daily News
A formidable outlook looms ahead for Turkey's EU policy
Today's Zaman
2012 has elections in stock for Greece, where the euro crisis overthrew the government, and in France, where it weakened the government. If a miraculous solution cannot be found to the Cyprus issue and if French President Nicolas Sarkozy is re-elected, ...
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2011: A year of living dangerously
The Boston Globe
In Europe, the economic crisis continues to worsen, especially in Greece , which has been operating under a financial model in which the government spends approximately $150 billion a year while taking in revenues totaling $336.50 from the lone Greek ...
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On the road: Winter in Chicago
Chicago Daily Herald
Experience ancient Greece through the family exhibit, “Gods, Myths and Mortals,” at the new National Hellenic Museum. The only major museum in the US dedicated to the Greek journey takes visitors from ancient times to the modern Greek-American ...
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Greece starts new year in downbeat mood
As January 1st arrived, they let off fireworks over Athens, but there is little for Greece to celebrate as 2012 starts. in his New Year's Eve address, ...
www.euronews.net/.../greece-starts-new-year-in-downbeat-mo...
BBC News - Euro crisis: Why Greece is the sick man of Europe
Greece's economic crisis is having a direct impact on the health of its people with a weak healthcare system leaving sick people marginalised, says Anthee ...
www.bbc.co.uk/news/world-europe-16256235
Greece woman injured after home invasion | News | Greece News
Topics: News. Print E-mail. Greece Police tell us an 84-year-old woman is recovering after being hit multiple times in the face by a masked man who came to her ...
greece.whec.com/.../60999-greece-woman-injured-after-home...
IMF Warned Greece on Debt Levels
"A 50% haircut may no longer be enough" to bring Greece's debt to sustainable levels given the new IMF economic forecasts, said one of the officials. ...
online.wsj.com/.../SB10001424052970204720204577130092...
Greece jails Abbot Ephraim in Mount Athos fraud case
The abbot of the prestigious Vatopedi monastery on Mount Athos in Greece has been jailed pending trial for alleged fraud and embezzlement. ...
www.bbc.co.uk/news/world-europe-16344621
Egypt Greece News - World News Report
Egypt Greece News Live Feed. Latest Egypt Greece News from World News Report. 5727 of 73157411 HEADLINES. Relevance; |. Date. |; Tools. 25 Dec 17 54 ...
world.einnews.com/news/egypt-greece
Greece and Cyprus to enhance cooperation | Athens News
Issues concerning further cooperation between Cyprus and Greece in health matters were discussed during a meeting on Monday between Health Minister ...
www.athensnews.gr/portal/1/51665
Greece sells Airbus jets to reduce state debt - Yahoo! News
From Yahoo! News: Greece on Friday said it had sold four disused Airbus A340 jets to Miami-based aircraft traders Apollo Aviation for 40.4 million dollars (31 ...
news.yahoo.com/greece-sells-airbus-jets-reduce-state-debt-175...
Anarchist New Year's Eve in Greece - Infoshop News
For the past 7 years a tradition has been established amongst antiauthoritarians in Athens, Greece to spend New Years' Eve not with family and friends but with ...
news.infoshop.org/article.php?story=20111228140306143
Greece: Top prosecutor probes Turkey-arson claim | Defence news ...
ATHENS, Greece (AP) — Greece's top prosecutor on Tuesday ordered an emergency inquiry into a Turkish newspaper report that Turkish government- funded ...
www.defencegreece.com/.../greece-top-prosecutor-probes-turk...
Serious Four-Car Crash In Greece - Rochester, News, Weather ...
Greece, N.Y. - Witnesses say one of the cars ran a red light.
www.13wham.com/.../-uW6Iea4xEaT27NRDWrCSg.cspx
Greece delays elections until end of April | News.com.au
GREECE will hold elections at the end of April, two months later than previously planned, finance minister Evangelos Venizelos said, giving the government ...
www.news.com.au/...end.../story-e6frfku0-1226232261566
'Return to drachma would be disastrous for Greece' - Arab News
ATHENS: Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, ...
arabnews.com/economy/article556509.ece
Asylum seekers 'can't go to Greece' - National News, Breaking News ...
Ireland and Britain have been told they cannot send asylum seekers back to Greecebecause of the country's inadequate asylum arrangements.
www.wexfordpeople.ie/.../asylum-seekers-cant-go-to-greece-2...
Greece interim government delays elections | euronews, world news
world news - There is uncertainty over when elections will next be held in Greece after the interim government's finance minister said the ballot would be ...
www.euronews.net/.../greece-interim-government-delays-electi...
  
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