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Aug 19, 2011

GREECE News, Aug 19, 2011


Requests for Collateral Pose a Hurdle for Greek Bailout
New York Times
“The euro area member states will now have to assess the outcome of these bilateral discussions between the Finnish and Greek finance ministers in light of these conclusions.” Mr. Tardio added that the commission had not been formally informed about ...
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Roy Carroll on the move . . . and it's all Greek to him now
Belfast Telegraph
The 33-year-old from Fermanagh has signed a two year deal with Greek Super League outfit OFI Crete. OFI, as they known, are keen to make a major impact in the weeks and months ahead in the top flight in Greece after being relegated in 2009. ...
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Will Europe come tumbling down?
Fortune (blog)
By Shawn Tully, senior editor-at-large August 19, 2011: 5:00 AM ET The debt crisis that started inGreece now threatens to topple the whole continent -- and kill the weak recovery in the US Inside the race against the clock to fix the euro economy. ...
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Greek investment to Cyprus skyrockets on economic woes at home
Cyprus Mail
Around 20 per cent of teacher candidates are now Greeks. The health sector has also become an attractive area for Greeks. In the other direction, traditionally the largest share of direct investment inGreece came from the Cypriot banking sectors with ...
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The Greek economic crisis: an American's perspective
Teton Valley News
Following a decade during which the nation appeared to be the fastest growing economy in the EU,Greece is now paying for its government's mismanagement of state finances and unsustainable borrowing. During a recent visit, the economic malaise and the ...
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Meet the Chef/Owner: Nova Grill
Patch.com
The conversation is effortless, endless and there is always much laughter and story telling. Costas Xinos is a kindred spirit. The Greek born chef/entrepreneur grew up in both America and Greece andnow calls Newtown Square home. ...
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More sex please, we're Greek: exposing the myth of Platonic love
University of Manchester
But Plato also celebrated eroticism and homosexuality, and shared the Greek view that naked bodies were beautiful, so historians have long debated his views.” Socrates was later executed for corrupting the morals of young people and Dr Kennedy has now...
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University of Manchester
Here we go again: Another big down day for Dow
Salon
Many of Europe's banks, including Societe Generale and Commerzbank, have already taken big writedowns over their holdings of Greek debt and anything that makesGreece's second financial bailout less likely has been viewed with dismay. ...
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Salon
Greece's oldest TV channel may become a victim of cutbacks
Kathimerini
ET3, the TV channel that is based in northern Greece, will be made a regional channel covering cultural, entertainment and sports-related issues. The possible closure of ET1 will be a landmark moment for Greek broadcasting as it was the country's first ...
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Kadi now heading for Greece
KickOff
"The good thing is that Kadi is now a free agent and so there are no limitations as to when he signs," says Makaab. The Greek League will only start next week. Kadi has been back in South Africa since the expiry of his season long loan deal at ...
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Opa! Greek guitar wiz to play Midland
Beaver County Times
Backed by three musicians on drums, bass and bouzouki, a Greek stringed instrument, the 42-year-old Pavlo will showcase his fiery, flamenco-based guitar style that stirs up images of Greece and the Mediterranean. It's upbeat music, like the man who ...
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Food and Travel: Truly Bejazzled!
Zimbabwe Independent
Papa's is run by the same owners, but the cuisine is now Greek, reflecting the fact that chef-patron Nick Kalamatas was born on a lovely Greek island in the Aegean. I was never sure why a Greek and his wife/business partner, an Afrikaner, ...
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European Central Bank is fighting fires on all fronts
The Guardian
The contributors were important: a weak report from US manufacturers; a quarrel between eurozone members over collateral to be used in the Greek bailout; and a warning from Morgan Stanley that the world is veering dangerously close to recession....
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The Guardian
Celebrity Big Brother 2011: Tara Reid leaves new husband Zack Kehayov behind
Daily Mail
Sporting her recent Greek Island honeymoon glow, Tara wore minimal make-up and had her platinum blonde hair in a straight style. The actress told Big Brother host Brian Dowling that she was keen to make some new British fans. ...
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Daily Mail
Recession to continue into 2012
Kathimerini
The negative developments in the Greek economy are clear to foreign observers, too. Credit Suisse suggested in a report that the shrinking of Greece's GDP by 5 percent this year “is not out of the question.” It added that due to the lower-than-expected ...
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Discover the islands of Greece with free iPhone apps
Product Reviews
Within my time there, I was totally smitten and have got the bug now to visit the other islands. With many other Greek islands to visit, we have come up with five free apps for you to look at. iKefalonia by iKefalonia App is available to download ...
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Product Reviews
SYRIZA Against Closure of Greek Schools Abroad
Greek Reporter
The government is not only going against the popular interests of Greeks living inGreece in an unacceptable manner, but is also having a detrimental effect on the Greeks of the Diaspora. It has closed consulates and is now closing schools, ...
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Greek Reporter
Spectre of a new credit crunch haunts frightened markets
The Guardian
The spread between the yield on Greek bonds and safe, benchmark German bonds has risen sharply in recent days, hitting 36% – close to the high of 40% reached in July before a second financial rescue package for Greece was agreed. ...
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The Guardian
Which Greek God Is Rahm Emanuel?
NBC Chicago (blog)
Eurystos became the most influential priest in Greece. Monetos always took his calls, and he was even invited to a private meet-and-greet on Olympus with Zeus himself. After that, when Monetos ordered a priest to sacrifice ten bulls, ...
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Markets in meltdown amid new global recession fears
The Guardian
Growing disarray in the eurozone over the latest bailout for Greece, weak American manufacturing figures and a warning from Wall Street bank Morgan Stanley that the US and Europe are "hovering dangerously close to recession" all contributed to the mood...
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The Guardian
Italy's Troubles Are Deep
Seeking Alpha
As FT Alphaville's James Coterill noted when the latest wave in the Italian crisis broke out: In the original "why the eurozone will break up" papers of the 1990s and early 2000s, it was never ever highGreek deficits, or Irish (or Spanish) bank losses ...
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Euro Debt Fears Continue to Smash Equity
Wall Street Journal (blog)
“Even the hard-fought Greek rescue package is facing fresh problems with several other countries in the euro-bloc now demanding a similar treatment to Finland, who have insisted that new loan guarantees for Greece will only be forthcoming in exchange ...
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Posted by: 3am
3am.co.uk
She tweeted these very normal and suitably unglamorous snaps of the happy and very new couple, who got engaged and married all on the same day, from the Greek island of Santorini. It's nice to see Tara's keeping up her messy natural look and is ...
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3am.co.uk
European market wrap
ABC Online
The Austrians are now complaining that if the Finns get collateral, then they want some as well, so we could have European governments falling over who owns exactly which Greek islands as security against their lending. Other trigger: European bank ...
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MBS MID-DAY: 10s Set New Low
Mortgage News Daily (blog)
That said, markets don't much seem to care for domestic economic reports right now, opting instead for European headlines. Rates should be improved. Federal and state regulators, signaling their growing worry that Europe's debt crisis could spill into ...
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Health briefs
The Sudbury Star
"Couples undergoing IVF often feel so desperate that they are prepared to try anything that may improve their chances of conceiving," said Charalambos Siristatidis, of the University of Athens inGreece, who led the research. ...
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