GREECE News, Jan 07, 2012

IMF losing confidence in Greece's ability to reform: report Reuters Earlier on Saturday, an adviser to Germany's finance minister Wolfgang Schaeuble told aGreek newspaper that a 50 percent write-down on Greek debt holdings, part ofGreece's debt swap deal, is not enough to put the country on a viable path. ... See all stories on this topic »

Greece to monitor disabled over mass fraud fears: report The Daily Star Following the new census to be carried out in February and March, authorities are hoping to trim at least 250 million euros from a total 6.2 billion euros ($7.9 billion) spent annually on social welfare benefits, Kathimerini said. The Greek government ... See all stories on this topic »

Unelected prime minister demands more sacrifices from Greek workers World Socialist Web Site The latest figures available for the growth of poverty released by the Hellenic Statistical Authority (ELSTAT) deal only with the year 2009. Nevertheless the report reveals that at the end of that year more than 3 million Greeks (27.7 percent) were ... See all stories on this topic »

Greece to 'sell bonds backed by state property' AFP ATHENS — Crisis-hit Greece plans to sell bonds with state property as collateral to buy back sovereign debt and postpone a privatisation drive under unfavourable market conditions, a report said on Saturday. To Vima weekly said the Hellenic state ... See all stories on this topic » AFP

Greece Pays Pensions to the Dead and Gives Disabled Benefits to the Healthy Greek Reporter Following the new census to be carried out in February and March, authorities are hoping to trim at least 250 million euros from a total 6.2 billion euros ($7.9 billion) spent annually on social welfare benefits, Kathimerini said. The Greek government ... See all stories on this topic »

Greek Deficit Worsens, More Austerity and Pain Looms in the Future Greek Reporter The report means that the government, made up of holdover ministers from the former ruling PASOK Socialists, including Venizelos, along with their bitter rival New Democracy conservatives and the far Right-Wing LAOS party, may now have to slash the ... See all stories on this topic » Greek Reporter

Greeks Come To NY In Search Of Better Life Prospects Greek Reporter The collapsing economic situation in Greece has led many Greeks to either return to the US or simply make a whole new start in the US and search for new prospects. According to the WNYC report, NY and especially Astoria are the main poles of attraction ... See all stories on this topic » Greek Reporter

Iran oil ban could herald economic disaster for Europe: energy experts Tehran Times “But the impact that would have on countries like Italy and Greece would be enormous, and the Greeks are not going to slit their own throats for the sake of an EU sanction when Iran is the only country willing to offer them oil on favorable terms. ... See all stories on this topic »

Greece bonds 'backed by state property' MSN NZ News By AAP Crisis-hit Greece plans to sell bonds with state property as collateral to buy back sovereign debt and postpone a privatisation drive under unfavourable market conditions, a report says. To Vima weekly said the Hellenic state asset development ... See all stories on this topic »

What Financial Meltdowns Teach Us About the IPCC Men's News Daily In Greece, the lunacy differs only in the details. The Greek banking sector was apparently solid and sensible, but the 11 million people who reside in that nation are apparently collectively incapable of doing basic math. According to Lewis, two-thirds ... See all stories on this topic »

The Dismal Economic Outlook For The New Year Foreign Policy Journal Financial institutions, such as US banks, which sold “swaps” on Greek bonds were gambling that Greece would be bailed out and would not default. The financial institutions regarded as gravy the fees paid to them for “guarantees” on which they cannot ... See all stories on this topic »

How SA ranks in the debt risk stakes BusinessLIVE Greece topped the rankings with a cumulative probability of default of 93.8%. CMA said in its report: "A restructuring and write-off of Greek debt remains an almost certain event. "However, the debate continues as to whether a default will be triggered ... See all stories on this topic » BusinessLIVE

Submit this story Huffington Post UK News teams around the world suddenly had to sit glued to the newswires and try to understand voting systems in Greek parliamentary democracy. Staff tell of numerous pressures to produce or inflate, of pulling stories at the last minute on the discovery ... See all stories on this topic »

Orthodox Christians celebrate Epiphany Lewiston Morning Tribune (subscription) Hundreds of members of Istanbul's tiny Greek Orthodox community and tourists from neighboring Greece attended the Epiphany ceremony of the Blessing of the Waters. About 20 faithful leaped into the wintry waters of the Golden Horn inlet to retrieve a ... See all stories on this topic »

Euro tumbles under $US1.27 Sydney Morning Herald The euro was also slammed this week after the Greek government warned on Wednesday that it faced an "uncontrolled default" in March - unless unions and employers can quickly agree on labour cost cuts to boost competitiveness. See all stories on this topic »

Greek Deficit Worsens, More Austerity and Pain Looms in the Future ... By Andy Dabilis ... World · YOU · TV · OPA.fm · Classifieds · About · Contact · ΕΛ ·Greece.GreekReporter.com Latest News from Greece Greek News on Politics, Sports, Entertainment & Economy. News · Politics · Economy · Cyprus · Interviews · Entertainment ... Greece.GreekReporter.com Latest...

Report: former Dutch central banker doubts Greece - Yahoo! News News: Greece probably won't repay all of its loans to the Dutch state, the former ...story. Discuss: New Pentagon strategy · Harbin slideshow. China's Snow and .... Those in Washington now want to continue the debt and raise the 'limit' again. ... news.yahoo.com/report-former-dutch-central-banker-doubts-g...

BBC News - Greece sees first strike of 2012 as doctors protest Continue reading the main story ... A government spokesman warned on Monday thatGreece needed more reforms to meet the terms of an international bailout. ... The latestrequires Athens to reach an agreement with private creditors to write ... www.bbc.co.uk/news/world-europe-16381729

Greek Tax Officials Strike over Salary Cuts - World - CBN News ... Tax officials in Greece walked off the job Thursday morning, starting a 48-hour ... Please click on the link below to download the latest version. ... Sign up for the CBN NewsDispatch and receive CBN News Reports in your ... Subscribe Now > > ... www.cbn.com/cbnnews/.../Greek-Tax-Officials-Begin-Strike-/

Yilmaz Denies Greece Forest Fire Report | Greece.GreekReporter ... Greece.GreekReporter.com Latest News from Greece Greek News on Politics, ...reports that Greek agents set forest fires in Turkey, not the other way around. ... greece.greekreporter.com/.../yilmaz-denies-greece-forest-fire-r...

Greek tax officials on strike - CBS News (AP) ATHENS, Greece — Greek tax officials walked off the job Thursday at the start of a 48-hour strike to ... and get rid of" them with a new draft law that would appoint a high court prosecutor in their stead. ... Terms of Use, you can report it below (this will not automatically remove the comment). ... Latest Now in MoneyWatch ... www.cbsnews.com/.../greek-pm-pledges-150000-new-jobs-in-...

The noose around the neck of the Greeks - Video - Business News CNN's Diana Magnay looks back at the struggle of the Greek people through a year of economic ... As tough times in the U.K. persist, discount retailers are opening newstores to ... All airlines that fly through European skies, including American carriers, arenow subject to ... CNN's Deb Feyerick reports on the EB5 program. ... money.cnn.com/video/.../n_greece_end_of_year.cnnmoney/

Will Greece lead the way in 2012? | Canada | News | Toronto Sun The debt crisis that's left the Greek state on the brink of collapse and dependent on ...Now, she says, that's changing. ... Another poll reported in Greece's Ethnosnewspaper found 40% want the current ... RIM close to picking new chair: Report ... www.torontosun.com/2011/.../will-greece-lead-the-way-in-20...

Eurozone Roundup: Despite Greek Doom, Some Positive ... According to a Greek news outlet, the latest reports coming out of the Greek ...Personally, I am of the mindset that right now, Greece is simply too volatile to ... seekingalpha.com/.../316718-eurozone-roundup-despite-greek

  

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