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May 19, 2012

GREECE News, May 19, 2012

Greeks' crisis is personal as well as political
The Olympian
By DEREK GATOPOULOS | AP • Published May 19, 2012 ATHENS, Greece– Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's problems than his own. Enormous debt accumulated over ...
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Euro Drops Versus Dollar, Yen on Greece Crisis Contagion Concern
BusinessWeek
By Catarina Saraiva on May 19, 2012 The euro fell for a third week against the dollar, reaching a four-month low, after the failure of Greek leaders to form a government increased concern the debt crisis may spread to other nations in the monetary ...
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G-8 Says Greece Should Stay in Euro as Differences Linger
BusinessWeek
By Flavia Krause-Jackson and Kate Andersen Brower on May 19, 2012Leaders from the Group of Eight nations pushed for Greece to stay in the European single currency and to fulfill its cost-cutting commitments even as broad differences persist on growth ...
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Security Issues Open G-8 Talks With European Debt Next
BusinessWeek
By Margaret Talev and Kate Andersen Brower on May 19, 2012 Leaders from the Group of Eight nations opened two days of economic and security discussions by considering ways to keep Iran from gaining nuclear weapons capability and to promote peaceful ...
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French PM Says 'No Taboos' in Greek Solution, Liberation Reports
BusinessWeek
By Heather Smith on May 19, 2012 French Prime Minister Jean-Marc Ayrault said no potential solutions to the Greek debt crisis should be regarded as “taboo” when European heads of state meet on May 23, Liberation reported, citing an interview.
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Greeks not alone in bank savings exodus, which extends elsewhere
The Daily Star
By Steve Slater, George Georgiopoulos LONDON/ATHENS: Greek saversmay be gripped by a “great fear that could develop into panic” in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, ...
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Conservatives, Radical Leftists Even In Latest Polls
Greek Reporter
By A. Papapostolou on May 19, 2012 in News, Politics Greece'sconservative New Democracy party and the radical leftist Syriza party are even in polls published on Sundey newspapers, with two polls showing New Democracy would garner the most support in...
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Greek Reporter
Obama, G-8: Recovery takes both growth and cutting
Seattle Post Intelligencer
Photo: Timothy Jacobsen / AP French President Francois Hollande, left, listens as US President Barack Obama speaks at the start of the first working session of the G8 Summit at Camp David, Md., Saturday May 19, 2012. Photo: Philippe Wojazer, Pool / AP ...
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Frappé: The History of Coffee That Greeks Are Obsessed With
Greek Reporter
By Stella Tsolakidou on May 19, 2012 in Life, News Plain, medium or sweet… both Greek and foreign visitors must take a step back and relax while enjoying their frappé. This is the deeper meaning of it, or is this just another urban legend that frappé ...
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Greek Reporter
Parliament dissolved; new elections on June 17
The Olympian
AP • Published May 19, 2012 ATHENS, Greece – President Karolos Papoulias has dissolved the Parliament elected on May 6 and set a new election date for June 17. The presidential decree dissolving the Parliament and calling for a new election has been ...
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Pontian Greek Genocide Commemorated Across Greece
Greek Reporter
By Areti Kotseli on May 19, 2012 in Events, News Events marking the Pontian Greek genocide in Asia Minor are to be held in Athens and Thessaloniki on May 19. Hellenism all across the world will commemorate the tragic historical event.
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Greek Reporter
Greece, economy top G8 summit agenda
GlobalPost
US President Barack Obama chairs a G8 summit session on May 19, 2012, at the Camp David presidential retreat in Maryland. (MANDEL NGAN/AFP/Getty Images) Keeping Greece in the euro zone and Iran's pursuit of nuclear energy dominated early talks today at ...
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Bomb kills 1 student, wounds 7 in Italy
Kitsap Sun
Notebooks are seen scattered at the site where an explosive device went off near the "Francesca Morvillo Falcone" high school in Brindisi, Italy, Saturday,May 19, 2012. Several students were wounded.(AP Photo/Max Frigione) Italian firefighters inspect ...
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Don't De-Friend Facebook Yet: It's IPO Might Not Mean Trouble Ahead
Daily Beast
by Zachary Karabell May 19, 2012 11:05 AM EDT Analysts have declared Facebook's IPO a sign of trouble for the company, but the real problem is Wall Street's warped definition of success. Plus, Matt DeLuca examines the numbers.
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Daily Beast
Greek exit could cost euro zone billions of euros
Firstpost
by F wire May 19, 2012 FRANKFURT (Reuters) – A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its partners with a crippling ...
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Firstpost
10000 march at Frankfurt Occupy protest rally
Kansas City Star
By JUERGEN BAETZ AP German police officers escort an anti-capitalism protest march with some 20000 people in Frankfurt, Germany, Saturday, May 19, 2012. Protesters peacefully filled the city center of continental Europe's biggest financial hub in their ...
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Kansas City Star
Greece to dissolve caretaker parliament for new elections
The Daily Star
Greek President Karolos Papoulias is expected to formally dissolve parliament and call elections Saturday. In a symbolic move Thursday, the 300 legislators elected on May 6 were sworn in for just one day, including 21 lawmakers from the far-right ...
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The Daily Star
Gilts Yields Fall to Records on Euro-Region Turmoil
BusinessWeek
By David Goodman on May 19, 2012 UK government bonds advanced for a fourth week, driving five- and 10-year yields to record lows, as deepening turmoil in the euro region spurred demand for the relative safety of gilts. The pound fell the most against ...
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Are 8 Heads Better Than 1 At Fixing Europe's Debt?
KQED
by Scott Horsley | May 19, 2012 — 3:03 AM President Obama speaks with other G-8 leaders at Camp David in Maryland during the summit on Friday. Camp David, in the Maryland hills outside Washington, DC, is usually a place for the president and his ...
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20000 march at Frankfurt Occupy protest rally
The Olympian
By JUERGEN BAETZ | AP • Published May 19, 2012 BERLIN – At least 20000 people held a major rally of the local Occupy movement in Frankfurt on Saturday to decry austerity measures affecting much of Europe, the dominance of banks, and what they call ...
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Obama, G-8: Recovery takes both growth and cutting
Washington Examiner
World leaders walk to the family photo session at the G-8 Summit at Camp David, Md., Saturday, May 19, 2012. From left are Italian Premier Mario Monti, British Prime Minister David Cameron, German Chancellor Angela Merkel, US President Barack Obama, ...
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1 killed, 7 students wounded by blast outside Italian school named after anti ...
Toledo Blade
AP Notebooks are seen scattered at the site where an explosive device went off near the "Francesca Morvillo Falcone" high school in Brindisi, Italy, Saturday, May 19, 2012. Several students were wounded. ASSOCIATED PRESS Enlarge ROME—A bomb exploded ...
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Toledo Blade
World leaders vow to combat financial turmoil
Firstpost
by F wire May 19, 2012 CAMP DAVID, Maryland (Reuters) – World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing their economies, which are increasingly ...
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Firstpost
Greece tops G8 agenda as eurozone crisis snares Spain
Jakarta Globe
by Bryan McManus | May 19, 2012 Fears that debt-strickenGreece may be headed for a chaotic eurozone exit loomed large as President Barack Obama met other G8 leaders for crisis talks in the United States. The Group of Eight top economies came together ...
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Jakarta Globe
Emigration, immigration worldwide correlate with economic opportunity
San Diego Jewish World
There may, in fact, be more Irish and Greeks abroad than at home, but nothing approaching the spread of Jews and the meager Judaic population of what they called the homeland from the Roman through the British periods of history.
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Greek Crisis Deepens—TOS's Week in Review for May 19
By Ari Armstrong
Noteworthy news and views from the week ending May 192012GreeceCracks—Is the ... MSNBC reports that Greeks “withdrew at least 700 million euros” on Monday alone, signaling fear about the nation's economic future. The Wall Street ...
The Objective Standard Blog
Merkel denies suggesting Greek vote on euro - The Local
As Greece prepared itself for new parliamentary elections, the sense of crisis was exacerbated by confusion over whether German Chancellor Angela Merkel had suggested a Greek referendum on keeping the euro. ... 17:56 May 19,2012 by McM. Not sure about who said what or what opposition is having a mid life crisis but when is someone going to get serious about the rotting banana that haunts my Local news when I check out lately. I know, it pays the rent by hey give me break!
The Local - Germany's news in English
RealClearMarkets - Exodus, Chapter 1: A Greek Exit Could Still ...
By The Economist
May 192012. Exodus, Chapter 1: A Greek Exit Could Still Cause Havoc. The Economist, The Economist. Send to a Friend. THE odds of a Greek exit from the euro shorten by the day. An inconclusive result to a first election on May 6th has led ... May 10, 2012. Greece Says Goodbye To The Euro Douglas McIntyre, 24/7 Wall Street. terms and conditions Real-time Company News, Economic Reports, Analyst Calls, Upgrades, Downgrades, Initiations and Key Industry News as it happens.
RealClearMarkets
Op-Ed: SYRIZA's Alexis Tsipras woos the international press
As the Greek nation stares chaos in the face, Alexis Tsipras, leader of the far-left SYRIZA courts the international press, but has no clear strategy to governGreece soundly if elected. ... May 192012 - 4 hours ago in Politics ... The well respected Greek newspaper Ekathimerini takes a more realistic view of Tsipras as it notes "SYRIZA is basking in its election success, both at home and in foreign media, as if it had been hiding in the mountains and in the hearts of much of the population ...
RSS Feed - Top Digital Journal News
Obama, Hollande, others to focus on Europe's woes at Camp David
By adekunle
Obama, Hollande, others to focus on Europe's woes at Camp David. On May 192012 · In News. 1:30 pm. Tweet. CAMP DAVID - (AFP) – Leaders of the world's most powerful nations were to focus their attention on Europe's economic woes Saturday after President Barack Obama threw his ... FreshGreek polls are scheduled for June 17, but there is no certainty that supporters of the painful reforms will win, and already nervous Greeks have been pulling money from bank accounts.
Vanguard News
Greek Genocide commemorated in Tsitsernakaberd Memorial ...
May 192012 | 18:10. YEREVAN. – May 19 marks the day of the GreekGenocide, when over 350000 Greeks were annihilated in the Ottoman Empire in 1916-1923. Armenian Parliament deputy Speaker Edward Sharmazanov along with the ... must recognize not only the Armenian but also Greek, Assyrian and other national minorities' genocides. Only by condemning and reconciling its own history Turkey can prove it is bearer of European civilization.News from Armenia - NEWS.am ...
NEWS.am | News from Armenia
G8 committed to growth, fiscal reforms – Obama — The Punch ...
By emekapeter
Breaking News, information and opinion in Nigeria. 19th May ... May 192012 by Agency Reporter Leave a Comment ... Greece may be the first test after the clobbering in recent elections of pro-austerity parties left a cash-for-reforms deal between Athens and the rest of Europe on life support. ... Financial markets are already betting that if anti-austerity parties win again, Germany will turn off the bailout tap, a decision that would likely force a Greek default and exit from the eurozone.
The Punch - Nigeria's Most Widely...
Pontian Greek Genocide Commemorated Across Greece | Greece ...
By Areti Kotseli
Pontian Greek Genocide Commemorated Across Greece. By Areti Kotseli onMay 192012 in Events, News. Events marking the Pontian Greek genocide in Asia Minor are to be held in Athens and Thessaloniki on May 19. Hellenism all across ...
Greece.GreekReporter.com Latest...
A View From the Ranch: Quick Hits - May 19, 2012
By Athos
Mr. Sarkozy's talk of leaving early, even if rhetorical, “is not very good in terms of alliance cohesion,” said a Western official in Kabul, speaking on the condition of anonymity because he was not authorized to speak to the news media. An early French ... He also believes that the EU will continue to bailout Greece'sdebt obligations to avoid the pain of a Greek default which would reverberate throughout the zone and likely push other troubled countries over the edge. Given the past ...
A View From the Ranch
G-8 leaders put focus on European financial crisis - Home » Other ...
You are at: Home > Other Sections > Breaking News · Sat May 192012 10:07 PM | Forex: $1: 43.250 | Text size » ... READ OTHER NEWS. SHARE ...European financial crisis (philstar.com) Updated May 192012 07:00 PM 0 · View comments ...
philstar.com - Breaking News
Greek election race tightens into dead heat
Vote could decide whether Greece stays in euro * Most Greeks want to keep euro but oppose ... Reuters TV · Reuters News ... Sat May 19, 2012 3:12pm EDT ...
www.reuters.com/article/.../greece-idUSL5E8GJ2DA2012051...
G8 leaders back Greece in euro zone, call growth "imperative"
CAMP DAVID, Md., May 19 (Reuters) - G8 leaders said Saturdayit is their imperative to promote growth and jobs toreinvigorate ... Reuters TV · ReutersNews ... Greek euro exit could be fast if needed: Slovenia ... Sat May 19, 20121:06pm EDT ...
www.reuters.com/.../g8-summit-statement-idUSL1E8GJ1ZW2...
Greece confirms June 17 election date
ATHENS (Reuters) - Greece confirmed on Saturday that it would a hold a repeat general election on June 17, after ... Reuters TV · Reuters News ...Nightmare foretold if Greece heads for euro exit ... ATHENS | Sat May 19, 2012 6:11am EDT ...
www.reuters.com/.../us-greece-election-idUSBRE84I05L2012...
Greece to dissolve Parliament for new election - Home » Other ...
Sat May 19, 2012 05:52 AM | Forex: $1: 43.250 | Text size » ... READ OTHERNEWS ... Greek President Karolos Papoulias is expected on Saturday to formally ...
www.philstar.com/Article.aspx?articleId=808624...200
EU commissioner: Greek eurozone exit 'manageable' | Business ...
Protesters descend on Frankfurt's banks 19.05.2012 ... Karel de Gucht said in an interview for Friday's edition of the Dutch-language De Standaardnewspaper.
www.dw.de/dw/article/0,,15958166,00.html
Greeks' crisis is personal as well as political - Saturday, May 19 ...
Saturday, May 19, 2012 | 12:48 p.m. - Greeks' crisis is personal as well as political as country reels from debt, political chaos.
www.lasvegassun.com/news/2012/may/.../greece-personal-crisi...
Quebec's tuition protesters are the Greeks of Canada - The Globe ...
... to main content. Search: News; Quote; Web; Businesses; People; Jobs.News Search. News ... Margaret Wente. Quebec's tuition protesters are theGreeks of Canada ... 19, 2012 2:00AM EDT. Last updated Saturday, May. 19,2012 1:00PM ...
www.theglobeandmail.com/news/...are.../article2437462/
German-Greek phone call row - News, Frontpage - Herald.ie
A GREEK-German row broke out after Greece's spokesman said Angela Merkel raised the idea of ... Saturday, May 19 2012 ... You are here: Home >News ...
www.herald.ie/.../germangreek-phone-call-row-3112504.html
Greece: Business blasts 'undertaker' politicians | cleveland.com
Get top news stories on Weather, Politics, Sports, Business, Entertainment, Health ... Student killed, 7 hurt in blast near Italy school May 19, 2012, 6:47 a.m. EDT ...
www.cleveland.com/.../0a416cbd2711432b8dfc71a4c112c56...
Greece euro exit threatens all Europe: Greek left leader | News.com.au
GREEK poll front-runner Alexis Tsipras, buoyed by a groundswell of opposition to EU-IMF ... Business Breaking News ... From: AFP; May 19, 2012 6:30PM ...
www.news.com.au/.../story-e6frfkur-1226361034553
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