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Mar 31, 2012

GREECE News, Mar 31, 2012

GREECE: They're Not Even Trying Anymore
Business Insider
They want to make sure the money doesn't evaporate. It will be used to repay Greece's foreign creditors—their backdoor bailout being the purpose of the whole scheme. The Greek people, however, will see little of it. And Papademos, who was supposed to...
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Business Insider
Poverty-stricken Greek town hits new low
Chicago Tribune
PERAMA, Greece (Reuters) - A "humanitarian crisis" is unfolding in an impoverished Greek city where a deepening economic crisis has left thousands seeking food from an international charity more used to helping refugees and bringing aid to famine or ...
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Poverty-stricken Greek town hits new low
Chicago Tribune
PERAMA, Greece (Reuters) - A "humanitarian crisis" is unfolding in an impoverished Greek city where a deepening economic crisis has left thousands seeking food from an international charity more used to helping refugees and bringing aid to famine or ...
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Will act for food: Greek theater aids crisis needy
BusinessWeek
By COSTAS KANTOURIS Theater is meant to provide food for thought, but in aGreek city it also feeds the needy. In response to the country's acute financial crisis, the State Theater of Northern Greece has launched a series of performances where, ...
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Greek PM warns of 'devastating' switch to drachma
BusinessWeek
Greece's prime minister has warned that a return to the country's pre-euro currency, the drachma, would be "devastating" for the economy. Lucas Papademos told the Italian newspaper Il Sole 24 Ore in an interview published Friday he was confident that ...
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Greek Election Polls `Troubling,' Miller Says
Washington Post
30, 2012 - March 30 (Bloomberg) -- Thomas Miller, former US ambassador toGreece, talks about the European Union's latest agreement on sovereign-debt rescue funds and the outlook for elections in Greece. European governments capped fresh rescue lending ...
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Greece should look to Internet for recovery, says study
Moneycontrol.com
In 2010 Greece raised just 1.2% of gross domestic product (GDP) from the Internet, compared to 7.3% in South Korea. Just under half of all households in Greece have fixed broadband access and 67% of Greeks use their mobiles to access the Internet.
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Moneycontrol.com
Greece on track to weather debt crisis: Merkel
DAWN.com
“The Greek parliament has approved harsh measures, such as slashing the minimum wage, so that it could compete with neighbouring countries for instance in tourism,” she said. - AFP photo PRAGUE: Greece has a chance to weather its crisis after the ...
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DAWN.com
Slovenia May See a Greek Scenario on Failure to Start Savings
Bloomberg
“If we don't get serious and adopt savings measures, we may see a similar scenario that the Greeks are going through, when measures will be dictated by foreigners,” Kranjec said in the interview with the Ljubljana-based newspaper.
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Greece can learn from Cyprus on hydrocarbons
Cyprus Mail
By Stefanos Evripidou Published on March 31, 2012 GREECE CAN learn from the Cypriot experience in the search for hydrocarbons, said Evangelos Venizelos, the newly elected head of centre-left Greek party PASOK yesterday. Speaking after a meeting with ...
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Greece says 17 firms express interest in gas company sale
Reuters
| ATHENS, March 30 (Reuters) - Seventeen firms expressed initial interest in the privatisation of Greek natural gas company DEPA, one of the country's major assets to go on the block to help pay down public debt, its privatisations agency (HRADF) said ...
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Greece may need a third bailout
Examiner.com
Greek PM Papademos has admitted that Greece may need a third bailout weeksafter receiving its second bailout, thelargest in history. Over 250 billion euros in funds have been committed to Greece by the EU, IMF, ECB. The troika returned to Athens weeks ...
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Canes right at home at Verot
The News-Press
Getting tired of hearing about that mess that is Greece? What were thoseGreek politicians thinking...- 8:53 pm Sandy Kent has what she described as a “landscape challenge.”- 4:49 pm University of Miami's football team draws a large crowd for a ...
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Greek tourism to see moderate growth in 2012
Hindustan Times
Foreign tourists admire the volcanic island of Sandorini from the Blue Star Paros vessel during a nine-hour trip to the Greek islands of Paros, Naxos, Ios and Santorini, in the Aegean Sea. Credit: Reuters/Yannis Behrakis Greece'stourism sector will ...
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Greece rounds up some 700 illegal immigrants
People's Daily Online
ATHENS, March 30 (Xinhua) -- Greek authorities have launched roundup operations of illegal immigrants in Athens, detaining some 700 persons, according to police figures on Friday, as special centres to house migrants to be deported are under ...
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Q+A: Euro zone bailout spending, commitments and capacity
Reuters
TOTAL AMOUNT OF MONEY COMMITTED BY EURO ZONE GOVERNMENTS TO FIGHTING THE CRISIS FROM JULY 2013: 53 billion euros in disbursed bilateral loans to Greece under the first bailout programme + 192 billion of EFSF commitments to the second Greek programme, ...
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Guest opinion: US financially worse than European spendthrifts
The News-Press
Getting tired of hearing about that mess that is Greece? What were thoseGreek politicians thinking...- 8:53 pm Sandy Kent has what she described as a “landscape challenge.”- 4:49 pm Getting tired of hearing about that mess that isGreece?
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Review: 'Wicked' worth the hype
The News-Press
Getting tired of hearing about that mess that is Greece? What were thoseGreek politicians thinking...- 8:53 pm Sandy Kent has what she described as a “landscape challenge.”- 4:49 pm Still from a production of "Wicked" the musical returned to Barbara ...
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“Surpassing all limits of savagery”: Police Brutality In Greece
LSMedia
The routine has become all to familiar in the beleaguered Greek capital as 24hr news reports breathlessly narrate for us film of protests, molotovs and a European society sliding further into poverty and violence. The emphasis of these reports is ...
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A third bailout for Greece means time to go bargain hunting
NASDAQ
Earlier today, Greek Prime Minister Lucas Papademos stated that a third bailout package might be needed if measures instituted do not revitalize the economy. As a result, European stocks are being battered, especially financials.
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Merkel: 'Greek austerity will bear fruit and EU will survive'
DigitalJournal.com
I do not want to make anything look prettier than it is: Greecestill has a tough path ahead, but it has gone a long way," Merkel said to the Chech daily newspaper Lidove Noviny at the beginning of this week. Merkel continued 'praising' the efforts of...
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DigitalJournal.com
News reports indicate that legislators think Florida's controversial Stand ...
The News-Press
Getting tired of hearing about that mess that is Greece? What were thoseGreek politicians thinking...- 8:53 pm Sandy Kent has what she described as a “landscape challenge.”- 4:49 pm David Lowery never wanted to be a rock 'n' roll frontman.
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Bank on Greece: Bargains and beauty await on the troubled country's less-seen ...
Daily Mail
In the north-east Aegean, this is the eighth largest Greek island, but tourists are scarce. The island has a 165-mile coastline of excellent sandy beaches and the pace of life is gentle, with siesta religiously observed at 2pm.
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Daily Mail
Greek Theater Accepts Food as Payment
The Daily meal
By Marcy Franklin, Editor Credit: Nikolas Giakoumidis / AP Much like Greece's"potato revolution," citizens are finding new ways to help those affected by the food crisis. The newest solution? Theater. The Associated Press reports that the State ...
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Follow an Old Tradition: Make Crosses Out of Palm Sunday Reeds
Patch.com
Many Italians, Greeks, Spaniards and Eastern Orthodox adherents, as well as some Episcopalians fold palm reeds into crosses on Palm Sunday as a reminder of their religion through the rest of the year. By David Gurliacci On Palm Sunday, ...
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Ahead of elections, Greek PM warns switch to drachma would be 'devastating'
CanadianBusiness.com
By AP | March 30, 2012 ATHENS, Greece - Greece's prime minister warned that a return to the country's pre-euro currency, the drachma, would be "devastating" for the economy. Lucas Papademos told the Italian newspaper Il Sole 24 Ore in an interview ...
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Greece gets approval to stiff international bond holdouts
ForexLive (blog)
By Adam Button || March 30, 2012 at 19:26 GMT The Eurogroup has approved a Greek plan not to pay out the approximately 6 billion euros of hold outs who own Greek bonds written under international law. I think it's nearing the time where we stop ...
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Too Many Immigrants, So Greece Rounds Up the Usual Suspects
Greek Reporter
By Andy Dabilis on March 30, 2012 in Columns, Greek Beat, Opinion ATHENS – There aren't many Greeks left in Omonia Square, which some years ago used to be a rotary with a fountain and greenery, but in recent years has become a Third World cement ...
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Greek Reporter
ekathimerini.com | Online retail could help boost Greek growth ...
Greece has gone a long way on the path of reforms and now stands a chance to overcome its debt crisis but still faces many tough measures, German Chancellor Angela Merkel said in a newspaper.
Latest News
Greek PM & banker who helped commit fraud ... - OzHouse Alt News
By OzHouse
That's according to Prime Minister Lucas Papademos, who told an Italian business newspaper Friday a third bailout of his nation's faltering, heavily indebted economy might be necessary. “Greece will do everything possible to make a third ...
OzHouse Alt News
Merkel: Greece on Track to Weather Debt Crisis | Greece ...
By A. Papapostolou
... TV · OPA.fm · Classifieds · About · Contact · ΕΛ ·Greece.GreekReporter.com Latest News from Greece Greek News, Politics, Sports, Entertainment & Economy. News · Politics · Economy · Cyprus · Interviews · Entertainment · Movies · Gossip ...
Greece.GreekReporter.com Latest...
Nightrage Posts Greek Tour Teaser - in Metal News ( Metal ...
Metal News: Nightrage Posts Teaser For Greek Shows With Psycho Choke. ...Band Photo: Nightrage (?) Nightrage will be embarking on a Greek tour with Psycho Choke dubbed the "Rage Through The Psycho Tour." A teaser trailer for the upcoming tour dates has been posted online and can be viewed below. Nightrage will also be shooting a video for an as-yet-undisclosed song off the group's latest album "Insidious" on April 28th at the Eightball Club in Thessaloniki, Greece.
Metal Underground.com
Greeks not big on using computers, says Eurostat | Athens News
This was the third lowest percentage in the EU after Romania (50 per cent) and Bulgaria (55 per cent). The highest percentages recorded were in Sweden (96...
www.athensnews.gr/portal/1/54378
Greece's cut-price potato movement shows Greeks chipping in ...
Greeks are pulling together and forging innovative new social and economic models to help those ... The Guardian, UK and World news, User comments, Web ...
www.guardian.co.uk/.../greece-breadline-potato-movement-eu...
BBC News - Merkel: Eurozone must avoid Greek exit
Greece recently won approval for a second bailout of 130bn euros ($173bn; £ 110bn) ... She said the eurozone would be "incredibly weakened" by a Greekexit .
www.bbc.co.uk/news/world-europe-17497656
GREEK NEWS AGENDA: Greece Becomes IEF Member
Greece was named a non-permanent, rotating member of the executive board of the International Energy Forum for the 2012-2014 period. The International ...
www.greeknewsagenda.gr/.../greece-becomes-ief-member.htm...
Greek Doctors, Staff Protest Spending Cuts - Finance - CBN News ...
Greek state hospitals and staff in greater Athens went on strike Wednesday to protest government spending cuts. Those cuts allow Greece to continue receiving ...
www.cbn.com/.../Creditors-Greeces-Economy-Faces-Dim-Outl...
Estonian Finance Minister: Greeks do not deserve ... - Breaking news
«Greeks do not deserve their minimum wage – in Greece it is still two times higher than in Estonia, but I don't think they deserve it,» said the Estonian Finance ...
bnn-news.com/estonian-finance-minister-greeks-deserve-mini...
Go Greek: is Greece safe for tourists?
Over the last year, Greece has been troubled by austerity measures and unrest in the capital. But this beautiful country, once one of the most popular ...
www.skyscanner.net/.../012213-go-greek-is-greece-safe-for-to...
European Crisis Explanation... For Dummies From Greeks ...
Pulling no punches and as irreverent as we can imagine, Mr. Panos - theGreek ' Borat' - explains (with a somewhat shocking sense of reality) just what the ...
www.zerohedge.com/.../european-crisis-explanation-dummies-...
European monitor upbeat on Greek economic reforms - Yahoo! News
News: The head of a European task force charged with helping ... It's time forGreeks to rise up against this ECB tyrannical entrapment of their future.
news.yahoo.com/european-monitor-upbeat-greek-economic-r...
All Greeks of the world celebrating Independence Day on March 25 ...
www.tvr.by » TV Infoservice » News » Society ... According to the last population census, there are 617 Greeks living in Belarus and 4.500 people who consider ...
www.tvr.by/eng/society.asp?id=64885
Greece deal for BBC World News | Phantis
This agreement with BBC World News and ERT brings viewers in Greece the best of ... Massive security for Greek Independence Day parade (CBS News: Mar.
www.phantis.com/news/greece-deal-bbc-world-news
Energia.gr - News » Greek » RES Power Share Grows in Greece
The share of renewable energy sources (RES) in electricity production inGreece more than doubled within five years, climbing from 2.1 percent in 2006 to 5.2 ...
www.energia.gr/article_en.asp?art_id=25817
Myths about the Greek crisis | GRReporter.info- News from Greece ...
Greek crisis has brought many contradictions, doubts and controversial claims of analysts, economists and politicians. The local Capital edition published the...
www.grreporter.info/en/myths_about_greek_crisis/6372
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