 Telegraph.co.uk In a last-ditch effort to stave off such an outcome, the Greek government is trying something new – well, new for Greece. It's treating tax collection as a process that requires more rigour than passing round a church plate. There is much to shoot for: ... See all stories on this topic » | ||
| Germany's collateral damage dilemma Business Spectator The idea of demanding cash as collateral for a loan is a bit of an oxymoron; if Greece had the cash it would not need the loans. As STRATFOR currently understands the Finnish-Greek deal – as dubious as it sounds – the Greeks will have to deposit with ... See all stories on this topic » | ||
| Wandering through Greece in the footsteps of Odysseus The Seattle Times A traveler in Greece, following the path of Odysseus, finds beauty among the islands and frustration with ferries. By matt Gross The chora, or main village, on the Greek island of Kythira. While modern travelers do not have to fear the Cyclops as ... See all stories on this topic » | ||
| Two sides to Greece's salvation Kathimerini All of this is one side of the story, however. The other side is immensely worrisome. For starters, foreigners have gotten to know us by now and know exactly what is going on in every small bank, how expenses got derailed and why three ministers refuse ... See all stories on this topic » | ||
| John-Manuel Andriote: Norwich looks like a Greek tragedy Norwich Bulletin By JOHN-MANUEL ANDRIOTE I recently attended what my relatives called our “Big Fat GreekFamily Reunion.” I heard great stories of their growing-up years in Norwich, in the decades after my great-grandparents arrived from Greece around 1920. ... See all stories on this topic » | ||
| Great food goes Greek: Heritage celebrated at Winchester festival Northern Virginia Daily The Dormition of the Virgin Mary Greek Orthodox Church, on Amherst Street, hosts the festival. It's been in existence for at least 40 years, and now serves as the largest fundraiser to help pay for a full-time priest, Sempeles said. ... See all stories on this topic » | ||
| Trichet's legacy: keeping the show on the road Financial Times An editorial in the Frankfurter Allgemeine Zeitung last week accused him of turning the ECB into the EBB, the European bad bank, with mountains of dubious assets on its books, including €45bn ofGreek bonds. Germans – including the Bundesbank, ... See all stories on this topic » | ||
| Markets' blurred vision Sunday Business Post And with signs of tensions emerging over the package agreed at the recent EU summit to rescueGreece, not only can Europe not come up with new answers, it cannot even deliver on the existing ones. The big European and US equity markets hit their peaks ... See all stories on this topic » | ||
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| Questioning privatization drive Kathimerini The role of privatizations in fostering the competitiveness of the Greek economy has always come second to revenue collection. With Greece's public finances in such bad shape, one may rightly argue that the privatization proceeds will help reduce the ... See all stories on this topic » | ||
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| Kurdish pawns bind Turkish rook Asia Times Online In short, Turkey finds itself arrayed against a range of interests in the very same eastern Mediterranean region, which forms Syria's coast - Cypriot, Israeli, Greek and American. Its remaining option is to prevail on the Barack Obama administration to ... See all stories on this topic » | ||
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| The Fixer: New bandshell roof strikes a pleasing note Toronto Star The bandshell in Kew Gardens, on Queen St. E., has a new cedar shingle roof and a fresh coat of paint after our story about its moss-covered, rotting roof. By Jack Lakey The Fixer The bandshell at Kew Gardens has never looked better, now that a new ... See all stories on this topic » | ||
| EUROPEAN OPENING NEWS INCLUDING: ECB's Nowotny said he fears Eurozone states ... Proactive Investors UK Greek finance minister said the issues addressed in the Greek new bailout deal concern the Eurozone as a whole, not only Greece, and the right package hinges on the bloc's political will. Meanwhile, Greek PM, Papandreou, said Europe needs to co-operate ... See all stories on this topic » | ||
| Economic orthodoxy is no longer sustainable Financial Times It is therefore time to consider a large-scale and co-ordinated monetisation of the sovereign debt, not just as a tactical measure such as the purchase of Greek, Spanish and Italian bonds by the European Central Bank, but as a strategic response to the ... See all stories on this topic » | ||
| Scarlett O'Hara's Risk-Free Rate The Market Oracle It is not clear if €440 billion is large enough to prevent Greece and Portugal from rupturing. It is possible that the August 16 meeting between Sarkozy and German Chancellor Angela Merkel ended with an agreement that it is time to cut bait. ... See all stories on this topic » | ||
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| Daily FX Strategy Action Forex In the meantime, there is a risk that the EUR suffers from the Finnish/Greek collateral debate, as there seems little prospect of the Finns being granted the collateral they need. The EUR may consequently struggle to sustain Friday's firm tone today. ... See all stories on this topic » | ||
| The Christian Foundation of Modern Science Canada Free Press He writes: Denigration of the Middle Ages began as long ago as the sixteenth century, when humanists, the intellectual trendsetters of the time, started to champion classical Greek and Roman literature. They cast aside medieval scholarship on the ... See all stories on this topic » |
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