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Apr 10, 2012

GREECE News, Apr 10, 2012

Unemployed Greeks Look To Create Their Own Jobs
NPR
In Greece, more than 21 percent of the working-age population is jobless. ForGreeks under age 25, the rate is more than double that. Some young Greeksare frightened that the economy, now in free fall, will take years to recover, so they're leaving ...
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Now Might Actually Be A Great Time To Buy A Luxury Greek Villa
Business Insider
Despite airline strikes and the financial situation, 15 million tourists visited Greece in 2010, more than in 2009, according to figures from the Association of Greek Tourism Enterprises (SETE). And while some holidayers come for short vacations, ...
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Business Insider
FOCUS: French, Greek Elections Yet To Register With Markets
Wall Street Journal
Helping to explain the relatively muted market response to date is the widely held belief that both Greece and France have very little room for maneuver, whichever way the French and Greeks vote. "Any politicians that get elected will have to bow to ...
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Strikes halt Greek ferries before Orthodox Easter
Huffington Post
DEREK GATOPOULOS and PETROS GIANNAKOURIS | April 10, 2012 06:08 AM EST | AP PIRAEUS, Greece — Ferry services to Greek islands and nearby Italy were halted Tuesday by a 48-hour strike that is expected to hit the start of the country's tourism season ...
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Strikes halt Greek ferries for 48 hours ahead of Orthodox Easter
Washington Post
PIRAEUS, Greece — Ferry services to Greek islands and nearby Italy were halted Tuesday by a 48-hour strike that is expected to hit the start of the country's tourism season and celebrations for Orthodox Easter this Sunday.
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Expecting a Boom in Demand, Greek Shipowners Turn to LNG Tanker Acquisition
Balkanalysis.com
The Greek maritime sector owns 17% of all merchant vessels capacity internationally. Now, Greece's maritime tycoons are investing heavily in LNG tankers, though it is a costly procedure and requires enhanced security and training standards for the ...
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Iran ends oil ties with Greece
UPI.com
TEHRAN, April 10 (UPI) -- Iran, as of Tuesday, is no longer making crude oil deliveries to Greece because of issues over payment, the Iranian oil minister declared. The semiofficial Fars News Agency reported in February that aGreek tanker returned to ...
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Healthcare a 'privilege' in Greece after cuts
FRANCE 24
Healthcare experts argue that up to 10 percent of the populationnow has to dig into their dwindling savings if they need treatment. Previously, most Greeks had turned to private care whenever possible, even to the tune of paying nearly 40 percent of ...
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FRANCE 24
Strikes halt Greek ferries for 48 hours
Toronto Star
Ahead of the strike, the Greek Association of Travel and Tourist Agencies, had warned that tourists were now more likely to cancel island Easter bookings because of the travel uncertainty. “The (strike) will cause a multitude of problems for islanders ...
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Toronto Star
Can Pancakes and Pizza Save Greece?
DailyFinance
According to Mr. Hermans, a 10-year-old school boy from the Netherlands,Greeks should first be ordered to exchange euros for drachma at banks throughout the country. After collecting the euros, the banks would then surrender them to the Greek ...
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Iranian Minister Confirms Halt in Oil Supplies to Greece
Fars News Agency
Iran stopped deliveries to Greek refiners Hellenic Petroleum and Motor Oil a few days ago due to unpaid bills. Greece has long been the European Union country relying the most on Iranian oil - sometimes for as much as a third of its supplies.
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Fars News Agency
Debt crisis: live
Telegraph.co.uk
For €30 per hour you can - in Greece at least. Greek police arenow offering their services in a revamped "cop for hire scheme" aimed at boosting the state's coffers. The story, which first appeared in Greek weekly newspaper Proto Thema on Sunday,...
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Telegraph.co.uk
Spain Confronts Crisis Threat as Rajoy Steps Up Budget Cuts
San Francisco Chronicle
Spanish bond yields rose today, after surging the most since January last week amid investors' concern that Rajoy's government may join Greece, Ireland and Portugal in requesting an international rescue. Spain's premier spoke on April 4 of "extreme ...
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Our Name is Resistance
Real News Network
LASCARIS: I think my reaction has been similar to that of a lot of Greeks, and hopefully non-Greeks as well, a mixture of anger, real powerful anger at theGreek leadership and the European leadership, but also a profound sense of sadness that things ...
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Greek Government To Rent Out Police Officers At Hourly Rates
EconomyWatch.com
Always on the look out for the latest news to monitor the state of the world economy. Greece's cash-strapped government may consider renting out police officers and equipment – including patrol boats and helicopters – to private citizens and businesses ...
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In cash crisis, Greece rents out policemen
Calgary Herald
ATHENS - The cash-strapped Greek state is now looking to a new way of raising revenues - renting out its policemen at an hourly rate of 30 euros, with patrol cars going for 10 euros more. This will "pay for the cost of using police material and ...
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Greek exit need not be a disaster
Financial Times
Greece now has a 150 per cent debt to GDP ratio and a huge current account deficit, and a resurrected drachma would thus float down by at least half, raising the debt ratio above 300 per cent, even more clearly unsustainable. Moreover, Greece already ...
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Greece plans 'Rent-a-Cop' scheme to raise cash
euronews
The country's forces will now be hired out to private firms and individuals, but only in special cases where there is a serious security issue. A spokesman for the Greek police said the “income would go towards the state budget and would be used to...
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euronews
'Skyfall' Recruits a Third Bond Girl: 5 Things to Know
IndiaGlitz
Previously, Naomie Harris and Bérénice Marlohe were cast in the film, and now a third leading lady has been added: Tonia Sotiropoulou. The Greek actress broke the news on Facebook, writing, ""Dear friends I officially announce I got a part in J. Bond ...
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IndiaGlitz
The Clock Strikes Midnight
Harvard Crimson
And the Greeks are not alone. From Spain to France and the United Kingdom, protests blaming the government for economic plight have swelled. The protesters and workers of Europe are right to be frustrated, but they are frustrated for all of the wrong ...
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Owing a Debt to Europe's Woes
New York Times
The most topical of the offerings is the Greek film “Wasted Youth,” written and directed by Argyris Papadimitropoulos and Jan Vogel. The deepening financial crisis in Greece provides both backdrop and foreground for this drama, which tracks two very ...
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New York Times
Spain's borrowing cost soar
Examiner.com
The deflationary pressures in Spain, Italy, Portugal, Greece and Ireland has led many to contemplate a break up of the Eurozone. China's central bank or wealth funds may have also suffered a 75pc haircut on Greek bonds like Norway's petroleum fund did.
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Politics the key to solving Greek debt problem, experts say
UPI.com
The resolution of Greece's debt crisis is proving to be "primarily a political problem," the mayor of a town in central Greece said. People take to the streets of Athens and rise up against proposed austerity measures being debated in the Greek ...
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UPI.com
Exiting Euro Could Spark Greek Revival, Doom Germany: HSBC's King
International Business Times
And Greek workers might have no choice but to accept less pay and tougher demands. But all of these factors, argues King, could give way to economic resurgence in Greece. Cheap labor and low exchange rates could entice China to use Greece as its hub...
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International Business Times
Ahmadinejad says Iran can survive without selling oil for years
Platts
Ghasemi said Iran currently was no longer selling crude oil to Greece, which previously received preferential terms from Iran for crude oil purchases, though there was no final agreement on the issue. A Greek industry source said last week that refiner ...
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Spain Confronts Crisis Threat as Rajoy Steps Up Deficit Rhetoric
San Francisco Chronicle
Spanish bonds slumped last week, with 10-year yields posting their biggest weekly gain since January, as investors' concern mounted that Rajoy's government may join Greece, Ireland and Portugal in requesting an international rescue.
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IIF Bank Group Offers Debt Restructuring Guide
Wall Street Journal
By Ian Talley Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The global banks group that recently negotiated Greece's historic debt restructuring Monday outlined principles it believes should inform possible future privately-held government debt ...
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Greek Lawmakers OK $40 Million for Their Parties
Greek Reporter
By Andy Dabilis on April 9, 2012 in Economy, News, Politics ATHENS – As Greeks struggle under a barrage of pay cuts, tax hikes, slashed pensions and the coming firing of 150000 state workers, lawmakers have approved nearly $40 million in government aid ...
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Greek Reporter
Hunting For Holiday Home Bargains In Crisis-Riddled Greece
Worldcrunch
Rich Greeks prefer to invest their money in German and Swiss real estate, because they believe it's a way for their capital to escape the long arm ofGreek tax authorities. If they're not rich, Greeks simply don't have the money to buy property.
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Why Immigration is troubling Greece more than the Economy
Social Europe Journal
About a third of the people that Doctors of the World looks afternow are Greek. Last year, it was just 6 percent. One of the options available is to return undocumented migrants and those who do not qualify for asylum to their homelands. Greece is ...
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Social Europe Journal
Unemployed Greeks Look To Create Their Own Jobs | World News ...
By admin
For Greeks under age 25, the rate is more than double that. Some youngGreeks are frightened that the economy, now in free fall, will take years to recover, so they're leaving for jobs abroad. A few entrepreneurs .... LatestHeadlines News ...
World News: the latest local...
Pensioner shoots himself at Greek Parliament, refuses to 'search for ...
Go to main page News Pensioner shoots himself at Greek Parliament, refuses to ' search for food in garbage' ... Greece gets a lifeline - for now ...The Greek Parliament has approved the country's latest international bailout deal overnight.
rt.com/news/greece-suicide-218/
Unemployed Greeks Look To Create Their Own Jobs
For Greeks under age 25, the rate is more than double that. Some youngGreeks are frightened that the economy, now in free fall, will take years to recover, ...
www.npr.org/.../unemployed-greeks-look-to-create-their-own-...
Latest suicide shows Greece is in desperate straits – but it won't ...
And partly it is that, in the words of one woman I spoke to, some Greeks at least have now "moved beyond anger" into organisation. Although there is, of course, ...
www.guardian.co.uk/world/2012/apr/.../greece-rise-suicide-rat...
BBC News - Greece extends debt swap deadline
Greece has extended the deadline for its latest debt swap plan for a second time. The new deadline for bonds governed by foreign law is now 20 April, theGreek ...
www.bbc.co.uk/news/business-17621698
Pensioner kills himself outside Greek parliament - RTÉ News
Six One News: Protesters clash with Greek police after pensioner's death ....is the story of a day in the life of one Irish hotel - the Central Hotel in Dublin -now in its 125th year ... Get the latest news updates on Twitter by following @rtenews ...
www.rte.ie/.../pensioner-commits-suicide-outside-greek-parlia...
Greeks mourn suicide pensioner, vowing to fight on - Yahoo! News
News: ATHENS (Reuters) - In a sombre atmosphere in an Athens graveyard, hundreds of Greeks said farewell on Saturday to Dimitris Christoulas, a pensioner who ... We are so many here today because - as the note of a young man(one of ..... View the latest slideshow galleries on Yahoo! News. More » Photos of the day ...
news.yahoo.com/greeks-mourn-suicide-pensioner-vowing-fig...
Greek police available for rent | Latest Business ... - Perth Now
THE cash-strapped Greek state is now looking to a new way of raising revenues - renting out its ... and 1500 euros for helicopters, according to Sunday newspaper Proto Thema, which revealed the internal reform. ...Business; News; Blogs ...
www.perthnow.com.au/.../story-e6frg2qc-1226322014505
Schaeuble On CBS: Germany Is Greece's Scapegoat | Greece ...
Greece.GreekReporter.com Latest News from Greece Greek News, Politics, ... have been living beyond their means, and now they have to apply some austerity , ...
greece.greekreporter.com/.../schaeuble-on-cbs-germany-is-gre...
The Archaeology News Network: 'Ancient' Greek statue found in ...
Latest Posts in RSS · Latest Comments in RSS · Connect with us on Facebook ... An "ancient" Greek statue found in a sheep pen north-west of Athens last week has now been ... Now, a closer examination has found moulding marks and traces of bubbles which prove it is a copy, sources at the ministry told news agencies.
archaeologynewsnetwork.blogspot.com/.../ancient-greek-statu...
Amid debt crisis, archaeology becomes Greece's ... - News - MSN
"Greece's historic remains have become our curse," whispered an ... Fornow, the penury seems to have spared the work of foreign archaeology schools which ...
news.ph.msn.com/business/article.aspx?cp-documentid...
Greek Track and Field Body Suspends Operations - ABC News
Greece's track and field authority suspended all athletic operations ... The move — the latest twist in Greece's nearly three-year financial freefall — is the first ...
abcnews.go.com/.../greek-track-field-body-suspends-operation...
Now Available - Hegemony Gold: Wars of Ancient Greece - nV News Forums
Now Available - Hegemony Gold: Wars of Ancient Greece Latest Tech And Game ... Conquer the ancient Greek world in this epic strategy wargame that expands ...
www.nvnews.net/vbulletin/showthread.php?t=177394
The Next Shot Fired in Syntagma Square — Greek News
April 9, 2012 By Greek News Leave a Comment ... European leaders are on record saying the latest bailout would be the last for Greece; now they may be put to ...
www.greeknewsonline.com/?p=20218
Pizza, pancakes and the Greeks: Has this 11yr old solved euro crisis?
Now the Greek government can start to pay back all their debts, everyone who ... the Investment Week news alert today and receive regular updates on the latest ...
www.investmentweek.co.uk/.../pizza-pancakes-greeks-11yr-so...
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