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Feb 26, 2012

GREECE News, Feb 26, 2012

Under Zeus' gaze, austerity-hit Greeks queue for potatoes
Stabroek News
By Stabroek staff | 0 Comments | World News | Sunday, February 26,2012 KATERINI, Greece (Reuters) - Struggling to cope with austerity, hundreds of Greeks in the town of Katerini at the foot of Mount Olympus have turned to a cheap way to do groceries: ...
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Germans Overwhelmingly Oppose Greek Bailout: Poll
Greek Reporter
By A. Papapostolou on February 26, 2012 in Economy, News, Politics Germans overwhelmingly oppose further aid for Greece, according to opinion poll released on Sunday, one day ahead of a vote in parliament on a new Greekbailout package where Chancellor ...
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Greek Reporter
It's no longer taboo to talk about Greece leaving the Euro
Cyprus Mail
By Nathan Morley Published on February 26, 2012 After months of tense negotiations Greece was again brought back from the brink of default on Monday. But as Nathan Morley reports from Brussels, serious doubts remain about Athens' ability to repay its ...
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Cyprus Mail
The Week Ahead: February 26, 2012
Forex Pros
By FOREX com | Forex | Feb 25, 2012 05:47AM GMT On Friday,Greece issued the formal invitation to bondholders to exchange theirGreek debt for new bonds and take an approximately 75% loss in the process. Without getting into all the nitty-gritty ...
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Troika Warns Greece: Comply or No More Aid
Greek Reporter
By Andy Dabilis on February 26, 2012 in Economy, News, Politics ATHENS – Despite a second bailout and a pending deal with investors to write down as much as $134 billion in debt, Greece will not be eligible for continued foreign aid if it does not ...
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Greek Reporter
Greece Wants Libyan Oil to Fill Iran Gap
Greek Reporter
By Andy Dabilis on February 26, 2012 in Economy, News, Politics ATHENS – Already deep in the throes of an economic crisis, Greece is moving quickly to fend off shortages of oil that will be created by an embargo from Iran on European countries by ...
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Greek Reporter
Eurozone Chief Says Greece May Need Third Bailout
Greek Reporter
By Andy Dabilis on February 26, 2012 in Economy, Politics ATHENS – With the ink still not dry on a second bailout forGreece – this one for $172 billion to go along with a first ongoing series of $152 billion in rescue loans to keep the country from ...
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Greek Reporter
German Tax Officials Ready to Help Greece
Greek Reporter
By A. Papapostolou on February 26, 2012 in Economy, News, Politics More than 160 German tax collectors have volunteered for possible assignments in Greece to help the struggling Mediterranean country gather tax more efficiently, the Finance Ministry in ...
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Greek Reporter
Thinking twice before heading to Greece
Cyprus Mail
By Alexis Pantelides Published on February 26, 2012 WITH AN increasing number of Greek nationals now arriving in Cyprus in search of employment and a better quality of life, how many Cypriots are still heading in the opposite direction?
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Greece Will Pile On More Taxes in June
Greek Reporter
By Andy Dabilis on February 26, 2012 in Economy, News, Politics ATHENS – Already under an avalanche of tax hikes – including a doubling of income and property taxes – beleaguered Greeks will be hit with a new round of increases in June when the ...
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Greek Reporter
A passion for the classics
Ottawa Citizen
... Ottawa Citizen February 26, 2012 Studying ancient Greece and Rome took Trevor Hodge far beyond verbs and nouns. He found himself doing thesis work at the top of the Parthenon. His thesis at Cambridge University was on the wooden pieces of Greek ...
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Greece has little hope of climbing out of the abyss
Cyprus Mail
By Loucas Charalambous Published on February 26, 2012 THE MOST astonishing thing about the economic collapse of Greece is the obdurate refusal of Greeks to accept reality. They are still in denial, unable to accept the blatantly clear reasons that ...
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Iran denies Greece oil shipment of 500000 barrels
mydigitalfc.com
By Reuters Feb 26 2012 , Tehran in a retaliatory measure against European Union sanctions on the Islamic state's lifeblood, oil, the semi-official Fars news agency reported on Sunday. "Oil tankers that had come to transfer 500000 barrels of Iranian oil ...
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ABC News Report: “Call From Greek-Australian Community For Working Visas For ...
Greek Reporter
By Fani Toli on February 26, 2012 in Community, News There is a call from the Greek-Australian community for the Federal Government to introduce a special working visa for Greeks needing to escape the economic slump in their country, ...
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Reasons To Be Bearish Into The Ides Of March
Daily Markets
By readtheticker on February 26, 2012 | More Posts By readtheticker | Author's Website The Greek bond payment is due March the 20th (the Ides of March is the 13th), yet a quick scan around the www most see that the deal is done.
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Oscar Unrelated: Famous German TV Hosts on the Greek Crisis from the Red Carpet
Greek Reporter
By Anastasios Papapostolou on February 26, 2012 in Interviews, News We met them at the Oscars but we couldn't resist and not ask them what do they think about theGreek crisis and how they feel towards Greece and its people. Steven Gätjen and Annemarie ...
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Greek Reporter
Sunday Papers: BP Gulf trial could last until 2014, says Dudley
Citywire.co.uk
by Himanshu Singh on Feb 26, 2012 at 00:01 The Sunday Telegraph: Bob Dudley, the chief executive of BP, has revealed that the oil giant is prepared for the multi-billion dollar legal case into the Deepwater Horizon rig disaster to last until 2014.
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Euro: Is the Rally In Expectation of a Smooth Greece Rescue or LTRO – It Matters
Forex Pros
By Dailyfx | Forex | Feb 26, 2012 08:24AM GMT EURUSD was soaring; and for many, that spells out a clearly bearish day for the greenback. However, when we look at the Dow Jones FXCM Dollar Index (an equal weighting of EURUSD, GBPUSD, AUDUSD and USDJPY), ...
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A passion for the classics
Ottawa Citizen
By Tom Spears, Ottawa Citizen February 26, 2012 12:00 AM Studying ancient Greece and Rome took Trevor Hodge far beyond verbs and nouns. He found himself doing thesis work at the top of the Parthenon. His thesis at Cambridge University was on the wooden ...
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Greece (and the PIIGS) Are a MAJOR Problem… Even for the Strongest German Banks
Forex Pros
By Phoenix Capital Research | Stock Markets | Feb 26, 2012 06:37AM GMT Deutsche Bank (DB) trades on US stock exchanges and so has to publish SEC filings on its balance sheet risk. Well, according to Deutsche Bank's own filings, it had 1.6 billion ...
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Iran Cuts off Oil Supply to Greece
Prensa Latina
26 de febrero de 2012, 11:41Tehran, Feb 26 (Prensa Latina) Iran cut off its oil supply to Greece, a week after applying the same measure to France and Britain in response to a blockade announced by the European Union, official sources informed on ...
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G20 moves to line up huge rescue deal for April
mydigitalfc.com
By Reuter Feb 26 2012 , Mexico city The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the ...
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Europe tops G20 meeting in Mexico
Sky News Australia
... February 26, 2012 Concerns about Europe's sovereign debt crisis topped the agenda on Saturday at the meeting in Mexico City of G20 finance ministers, with financial sector leaders praising Greece's offer to repay bondholders at a steep discount.
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Mental health hangs in the balance due to crisis
Cyprus Mail
By Natalie Hami Published on February 26, 2012 The casualties of the financial crisis are not simply economic but also psychological and emotional, with mental health experts noticing an increase in patients complaining of depression and anxiety.
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Cyprus Mail
G20 to pile pressure on Europe for stronger firewall
Jakarta Globe
by Sophie Nicholson | February 26, 2012 Top economic powers at the G20 meeting in Mexico's capital this weekend were set to urge Europe to do more to tackle its financial crisis before they commit to new funding for the IMF.
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Bundesbank Pulls Back On Profit To German Government-Report
Middle East North Africa Financial Network
BERLIN, Feb 26, 2012 (Dow Jones Commodities News via Comtex) -- Germany's central bank will pass on less profit to German government than in previous years to offset increased risk to its balance sheet from the euro-zone debt crisis, said Bundesbank ...
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US Gold Futures to Face Resistance at $1810, MCX 29450
Forex Pros
By CommodityOnline | Commodities | Feb 26, 2012 06:58AM GMT Gold prices advanced with immense strength this week, buttressed by Chinese monetary easing and an eventual Greece bailout. China's central bank (People's Bank of China) has cut the bank's ...
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International Duty, Week of 2/27
Royal Blue Mersey (blog)
by Calvin on Feb 26, 2012 1:00 PM GMT With Everton not playing this weekend, fans will have to look to international football coming up to get their fill of watching their favorite Toffees in action on the pitch. Keep it here after the jump to see who ...
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China Eases Reserve Requirements, Stocks Rally
Forex Pros
By Binary Options Strategy | Stock Markets | Feb 26, 201207:52AM GMT China announced a new stimulus plan to cut bank reserve requirements, pushing up most markets in the region, although much of the initial gains did not last. The Nikkei advanced 1.1% ...
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Forex Pros
Iran: Nuclear plant to work at full capacity soon
Jerusalem Post
By REUTERS 02/26/2012 17:12 Report circulates that Tehran refused massive oil shipment to Greece; Iran, later, denies the report, according to ISNA. By Reuters TEHRAN - Iran's first nuclear power plant will be connected to the national grid at full ...
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Under Zeus' gaze, austerity-hit Greeks queue for ... - Stabroek News
By Stabroek staff
KATERINI, Greece (Reuters) - Struggling to cope with austerity, hundreds of Greeks in the town of Katerini at the foot of Mount Olympus have turned to a cheap. ... By Stabroek staff | 0 Comments | World News| Sunday, February 262012 ...
Stabroek News
Cretan Cuisine Promoted Through Greek Tourism | Greece ...
By Fani Toli
Greece.GreekReporter.com Latest News from Greece Greek News, Politics, Sports, Entertainment & Economy. News · Politics · Economy · Cyprus ... Promoted Through Greek Tourism. By Fani Toli on February 262012 in News. Tweet This ...
Greece.GreekReporter.com Latest...
FX Weekly Report (24/02/2012): Greek debt deal provides short ...
The immediate take away of the deal is that Greece's issues have been alleviated in the short-term and the spread of contagion risk has subsided in the interim however question marks still remain about how aGreek economy which is in its ...
ExcitingAds! AME Info Latest News
NewsDaily: Greece sets March 8 deadline for investors in bond swap
NewsDaily: Your best source for breaking news ... ATHENS, Feb26,2012 (Reuters) — Greece has set a March 8 deadline for investors to participate in its unprecedented bond swap aimed at sharply reducing its debt burden, according to a document outlining the offer. The Parthenon on the Athens Acropolis is seen behind a Greek and an EU flag atop theGreek ministry of finance February 8, 2012. REUTERS/Yannis ... Enter a keyword or phrase to find the latest news stories, ...
NewsDaily: Top Headlines
Interior minister: Greece should exit eurozone - The Local
With German Chancellor Angela Merkel facing a parliamentary vote Monday on a second Greek bailout, her interior minister, Hans-Peter Friedrich came out over the weekend in favour of Greece leaving the eurozone. ... (24 Feb 12). Friedrich told the news magazine Der Spiegel, “I do not mean that Greece should be kicked out of” the 17-nation eurozone, but he said the bloc should “create incentives for an exit that they cannot turn down.” ... 17:21 February 262012 by Chango Mutney ...
The Local - Germany's news in English
Iran Just Made Things Even Worse For Greece (latest news) | The Wall
From other news sites. Iran Just Made Things Even Worse For Greece. businessinsider.com | 2:53 pm Feb 26, 2012. Iran has refused to giveGreece a shipment of 500000 barrels of crude oil in a retaliatory measure ... Images and Videos (1) ...
thewall.com/.../21145-iran-just-made-things-even-worse-for-g...
Greece secures $170B bailout, diplomat says - World - CBC News
Last Updated: Feb 20, 2012 4:27 PM ET ... The Greek parliament has faced down violent protests in Athens and nationwide ... Rae claims 'robocalls' contributed to Liberal candidates' defeat Video Audio ...Latest World News Headlines ... 26, 2012 1:45 AM Reports say another 50 people were killed in Syria today, 30 in the ...
www.cbc.ca/news/world/story/.../europe-financial-greece.html
Greek Debt Crisis: European Union To Give $170 Billion Bailout To ...
The euro surged as the news broke, climbing 0.7 percent to $1.328 within minutes. ... February 26, 2012 ... during an anti-government rally on Sunday, Feb. 19, 2012. (AP Photo/Petros ... Greek state television claimed early Tuesday that the private investors will ... Send us a tip; Send us a photo or video; Suggest a correction ...
www.huffingtonpost.com/.../greek-debt-crisis_n_1289242.ht...
Greeks Rally Ahead of Bailout Vote | Europe | English
Inside VOA | Contact VOA News. February 26, 2012 ... News · Programs · Video · Learning English. Live Streams: Latest Newscast | Africa Live | Global Live ... Thousands of Greeks have taken to the streets of Athens to protest severe austerity ...
www.voanews.com/.../Greeks-Rally-Ahead-of-Bailout-Vote-1...
Video: Greek anti-austerity protesters clash with police in Athens ...
Sunday 26 February 2012 ... 9:01AM GMT 20 Feb 2012 ...http://www.telegraph. co.uk/news/worldnews/europe/greece/9092778/Greek-anti-austerity-protesters- ...
www.telegraph.co.uk/.../Greek-anti-austerity-protesters-clash-...
John Bruton: This isn't about Greeks versus Germans .... it's really ...
Sunday, February 26 2012 ... National News Video · The Budget · Budget Live ... The trouble is that Greece has a poor record in presenting honest accounts, and ...
www.independent.ie/.../john-bruton-this-isnt-about-greeks-ver...
Raw Video: Athens Burns as Greek Parliament ... - Link News - Link TV
Link TV News. Follow us: · Twitter.com. Sunday, February 26, 2012. A Link Media .... 1:46. Raw Video: Anger in Athens as Latest GreekProtests Turn Violent ...
news.linktv.org/.../raw-video-athens-burns-as-greek-parliamen...
Under Zeus' gaze, austerity-hit Greeks queue for ... - News - Yahoo
KATERINI, Greece (Reuters) - Struggling to cope with austerity, hundreds of Greeks in the town of Katerini at the foot of ... Search 7News ... Most watched videos ... Harry Papachristou, ReutersFebruary 26, 2012, 6:30 am .... Latest. 6:32 pm Labor MPs get ready for leadership battle; 6:14 pm Pics of Samba's last movements ...
au.news.yahoo.com/.../under-zeus-gaze-austerity-hit-greeks-q...
Both the Germans and The Greeks Have Had It - Global Agenda ...
YouReport, Send us News & updates ... Jewish World 7:51 AM2/26/2012 ... The Greek Parliament was ringed by firebombs, and a venerable movie theater was ...
www.israelnationalnews.com/News/News.aspx/152719
Bond markets wary as Greece offers debt deal - Sydney Morning ...
New feature Personalise your news, save articles to read later and customise settings View ... February 26, 2012. Read later. A woman and her child beg in central Athens on February 23, 2012. ... Latest Video. World News Video More video ...
www.smh.com.au/.../bond-markets-wary-as-greece-offers-debt.
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