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 ... See all stories on this topic »

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, ... See all stories on this topic » 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 ... See all stories on this topic »

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 ... See all stories on this topic »

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. See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic » 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 ... See all stories on this topic » 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 ... See all stories on this topic »

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. See all stories on this topic » 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,... See all stories on this topic » 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 ... See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic »

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... See all stories on this topic » 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 ... See all stories on this topic » 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 ... See all stories on this topic »

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 ... See all stories on this topic » 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. See all stories on this topic »

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 ... See all stories on this topic » 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... See all stories on this topic » 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 ... See all stories on this topic »

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. See all stories on this topic »

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 ... See all stories on this topic »

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 ... See all stories on this topic » 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. See all stories on this topic »

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 ... See all stories on this topic » 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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FINANCIAL News, Money, Banks, Economic and Financial Crisis, Apr 10, 2012

Commodity Prices More Likely to Fall: IMF CNBC.com Moreover, these larger contractions were not simply driven by financial crises. The relationship between household debt and the contraction in consumption also holds for economies that did not experience a banking crisis around the time of the housing ... See all stories on this topic »

FINANCIAL TIMES News, Apr 10, 2012

New threat emerges from the shadows CNN By Patrick Jenkins, Tom Braithwaite and Brooke Masters, FT.com (Financial Times) -- When it came to reforming the global financial system, regulators focused on the banks. Weakened by the 2008 crisis, destabilised by the eurozone sovereign debt mess ... See all stories on this topic »

Some AstraZeneca investors want CEO replaced -FT WTAQ LONDON (Reuters) - Some of AstraZeneca's biggest investors are calling for a radical shake-up of the drugmaker's board and executive team, including the replacement of David Brennan as CEO, the Financial Times reported on Monday. See all stories on this topic »

Sony to cut global workforce by 10000 CNN By Jonathan Soble, FT.com Sony president Kazuo Hirai will announce cuts in its workforce on Thursday at a strategy briefing. (Financial Times) -- Sony is preparing to cut its workforce by 10000, or 6 per cent of its global headcount,... See all stories on this topic »

CME looking to open futures exchange in London: FT Orlando Sentinel SINGAPORE (Reuters) - CME Group is considering opening a futures exchange in London to expand in Europe where it has a clearing business, theFinancial Times reported on Tuesday, citing the Europe head of the US-based exchange operator. See all stories on this topic »

Some AstraZeneca Shareholders Seeking Replacement Of CEO Brennan -FT Fox Business LN) are seeking the replacement of Chief Executive David Brennan, theFinancial Times reported Monday. The FT said the company's top 20 investors "have become unsually and increasingly vocal in recent weeks." One undisclosed investor said incoming ... See all stories on this topic »

Gold Loves Financial Repression And We've Got It Worldwide Forbes Given the post-war size of our debts, she goes on, “financial repression…with its dual aims of keeping interest rates low and creating or maintaining captive domestic audiences… will likely be with us for a long time.” Check. See all stories on this topic »

FT: More Gasoline Refineries Closing Worldwide Moneynews “It's really a tale of two markets,” Toril Bosoni, senior oil analyst with the oil watchdog International Energy Agency, told the Financial Times. “You have very contrasting pictures for economic growth and demand, and refining is reflecting what's ... See all stories on this topic »

"Financial Times": Gaddafi's money may be in Belarus Charter 97 Asked about Mr Bashir, Alain Juppé, the French foreign minister, told the Financial Times: "It is possible he is in France, but I can't confirm it. What I can tell you is that the Quai d'Orsay (the foreign ministry) has no relationship with him. See all stories on this topic » Charter 97

Bernanke: Economy still suffering - Breaking: China posts surprise surplus ... Politico “'But even as we make progress on known vulnerabilities, we must be mindful that our financial system is constantly evolving and that unanticipated risks will develop over time,' Bernanke said. ... 'An inevitable side effect of new regulations is that ... See all stories on this topic »

Heathrow night flights proposed Financial Times But Tim Clark, Emirates Airline's president, told the Financial Times that the new breed of quieter wide-body jets, led by the A380, should benefit from a reduced night curfew, running from 1am to 4am. This could enable Heathrow to increase the number... See all stories on this topic » Financial Times

First YPF, now Petrobras [updated with ... - Blogs - Financial Times beyondbrics, from the Financial Times, brings news and comment from more than ... biggest oil producer) and now Petrobras – underscores the pressure that the ... blogs.ft.com/beyond-brics/2012/04/.../first-ypf-now-petrobras/

Teaching unions give notice of more strikes - FT.com - Financial Times News; Quotes; News; Quotes .... But there is now a growing division between the biggest two and most leftwing unions and the rest. Next time ... Please don't cut articles from FT.com and redistribute by email or post to the web. Share; Clip ... www.ft.com/.../f6f706d8-81a5-11e1-8aae-00144feab49a.html

Dubai restructuring: squeezing lenders ... - Blogs - Financial Times beyondbrics, from the Financial Times, brings news and comment from more than 40 ... Ironically, the underlying economy is in ruder health today than it was in ... blogs.ft.com/beyond.../dubai-restructuring-squeezing-lenders/

CME Considering a London Futures Exchange, Financial Times Says ... according to the Financial Times, which cited an interview with William ... a person familiar with the matter told Bloomberg News in February. www.bloomberg.com/.../cme-considering-a-london-futures-ex...

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FASHION News, Apr 10, 2012

Christian Dior names Belgian Raf Simons as artistic director, replacing Galliano Washington Post Fashionistas will clearly be glad to have him back, this time at a house with deep roots in a venerable fashion institution. After its founding in 1946, Dior presented its first collection a year later. Today, Dior is one of the world'stop fashion ... See all stories on this topic »