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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, September 20, 2012

UPDATE 1-Greek deal may be delayed past weekend-officials


AFP

UPDATE 1-Greek deal may be delayed past weekend-officials
Reuters
Inspectors seen leaving Saturday before final accord. * Deal could be delayed until Troika return next week. * Snags over demands for deeper cuts. By Lefteris Papadimas. ATHENS, Sept 20 (Reuters) - The heads of the international "troika" team ...
Greek deal may be delayed past weekend: officialsChicago Tribune
Greek parties still unable to clinch deal on new austerity measuresWashington Post
Greek Finance Minister Says Several Days Yet To Finalize Budget CutsWall Street Journal
Businessweek
all 657 news articles »

READ THE ORIGINAL POST AT in.reuters.com

UPDATE 1-Doubts over betting monopoly weigh on Greek OPAP sale


Financial Mirror

UPDATE 1-Doubts over betting monopoly weigh on Greek OPAP sale
Reuters
OPAP central to Greek privatisation programme. * Case could affect OPAP value. * Foreign gambling groups keen to enter market. * Opinion on monopoly carries weight but not binding. By Foo Yun Chee and Harry Papachristou. BRUSSELS/ATHENS, Sept ...
Opap Posts Record Decline on Greek Tax Hikes: Athens MoverBusinessweek

all 27 news articles »

READ THE ORIGINAL POST AT in.reuters.com

Slovenia: Very European



Beautiful but angry

SLOVENES have always felt rather pleased with themselves. Their country is beautiful, they were the richest of the Yugoslavs and, after independence in 1991, they joined the European Union, NATO and the euro.How different things are today. Slovenes are angry and confused. Their prime minister is on trial for corruption, unemployment is high, the country’s banks are teetering on the edge of bankruptcy and a series of painful structural reforms lie ahead.In July Slovenia’s leading bank had to be bailed out to the tune of more than €380m ($478m) by the government. Janez Jansa, the prime minister, has talked of a “Greek scenario” and has warned that Slovenia will become the sixth European country to seek a bail-out unless his government’s reforms go through. The ratings agencies have downgraded Slovenia; many civil servants have had their pay cut by 7.5%.Even though Slovenia’s demography is terrible, it has until now had generous pensions and a low retirement age. As only 40,000 signatures are needed to call a referendum, painful reforms are easily blocked. A referendum...


READ THE ORIGINAL POST AT www.economist.com

Greece Is Days Away From Another Vote That Will Determine Its Future


Business Insider

Greece Is Days Away From Another Vote That Will Determine Its Future
Business Insider
Greek finance minister Yannis Stournaras made it sound like the troika is making it really hard for Greece, too. Via Kathimerini: Stournaras remained tight-lipped about the content of the discussion when he emerged from the premier's office. He ...


READ THE ORIGINAL POST AT www.businessinsider.com

Greece Aims to Complete OPAP Sale by Year End, Early January


Online Poker.net

Greece Aims to Complete OPAP Sale by Year End, Early January
Wall Street Journal
ATHENS--Greece's government hopes to sell off state-owned gambling monopoly OPAP SA (OPAP.AT) by the end of the year or early January, a senior government official said Thursday, a move that would represent a significant step forward for the country's ...
Greece hikes gambling taxes, OPAP shares diveReuters
Greece Raises Gambling Taxes To Satisfy LendersOnline Poker.net
Opap Posts Record Decline on Greek Tax Hikes: Athens MoverBusinessweek
MSN Philippines News
all 22 news articles »

READ THE ORIGINAL POST AT online.wsj.com

Forex Flash: Greece continues on schedule for now – UBS


Forex Flash: Greece continues on schedule for now – UBS
NASDAQ
FXstreet.com (Barcelona) - Earlier today, European Commission President Barroso noted that it is critically important for Greece to stay in the Eurozone. Thereafter, he called for greater integration in the Eurozone saying that a "federation of nation ...

and more »

READ THE ORIGINAL POST AT community.nasdaq.com

Greece Looks for More Budget Cuts


Greece Looks for More Budget Cuts
Wall Street Journal (blog)
By Alkman Granitsas. As Greece's coalition leaders meet Thursday on what is likely to be their penultimate meeting before signing off on billions of euros worth of budget cuts demanded by the troika (another meeting may come Sunday), the countdown ...


READ THE ORIGINAL POST AT blogs.wsj.com

Greek deal on austerity measures still elusive

Monastiraki metro station is closed during a 24-hour strike by metro, urban railway and tram unions in Athens, Thursday, Sept. 20, 2012. Public transport workers in the Greek capital have joined a growing wave of strikes against new austerity measures that the country's creditors are demanding in return for rescue loans. (AP Photo/Thanassis Stavrakis)Greece's coalition government parties on Thursday failed again to agree on a major new austerity package that had been promised for this week and is crucial to the financial survival of the country.



READ THE ORIGINAL POST AT news.yahoo.com

Police pepper-spray colleagues at protest

GREEK police officers staged an austerity protest outside the prime minister's office overnight, with some even getting pepper-sprayed by colleagues.






READ THE ORIGINAL POST AT da.feedsportal.com

Protesting Greek police pepper-sprayed

A retired military officer carries a Greek flag during a protest against planned austerity measures outside the Greek parliament in Athens, Wednesday, Sept. 19, 2012. Greece's economy will have contracted by 25 percent by the time the recession ends, the finance minister said Tuesday, as the government remained locked in talks with rescue lenders for its next major austerity program. (AP Photo/Petros Giannakouris)Greek police officers staged a protest outside the prime minister's office on Thursday, with some even getting pepper-sprayed as they demonstrated against new austerity measures the government is planning.



READ THE ORIGINAL POST AT news.yahoo.com

Greek state tries to stem neo-Nazi rise


AFP

Greek state tries to stem neo-Nazi rise
AFP
By Catherine Boitard (AFP) – 30 minutes ago. ATHENS — Following its unprecedented election to parliament, Greece's neo-Nazi group Golden Dawn has been engaged in 'law and order' crackdowns and solidarity gestures that have boosted its popularity, ...
Greek neo-Nazis exploit fears to raise profileHong Kong Standard

all 4 news articles »

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Tensions simmer as Greece, lenders battle over austerity

Greek Finance Minister Stournaras leaves after a meeting with PM Samaras at the Prime Minister's office in AthensATHENS (Reuters) - Greece's latest round of talks with lenders on an austerity plan was marked by moments of tension as the two sides squabbled over a plan to reform the country's bloated public sector, government officials told Reuters on Thursday. The dispute is the latest challenge facing Prime Minister Antonis Samaras's government, which is struggling to reach agreement both internally and with the troika of European Union, European Central Bank and International Monetary Fund lenders on an unpopular package of spending cuts worth nearly 12 billion euros. ...



READ THE ORIGINAL POST AT news.yahoo.com

Natalie Suflita of Greece is running her way to Chicago


Natalie Suflita of Greece is running her way to Chicago
Rochester Democrat and Chronicle
For a Greece woman, the Chicago Marathon in October is something she will be able to check off her to-do list, and it is a race she wasn't sure she'd be able to get to. But with dedication to running and a good support system, she hopes to accomplish ...


READ THE ORIGINAL POST AT www.democratandchronicle.com

Greek transport workers join strikes as austerity talks drag on


San Francisco Chronicle

Greek transport workers join strikes as austerity talks drag on
Washington Post
Greek transport workers join strikes as austerity talks drag on. (Petros Giannakouris/ Associated Press ) - A woman passes next to grafitti in central Athens, on Wednesday, Sept. 19, 2012. Debt-strapped Greece is negotiating a major new austerity ...
Greek transport workers join strikesBoston.com
Greek Judges and Prosecutors StrikeThe New American
Greek islands not for sale, red tape must go: ministerReuters

all 455 news articles »

READ THE ORIGINAL POST AT www.washingtonpost.com

Greek transport workers join strikes

A woman passes next to grafitti in central Athens, on Wednesday, Sept. 19, 2012. Debt-strapped Greece is negotiating a major new austerity package worth more than euro 11.5 billion ($15.1 billion) with its rescue lenders. The measures are a requirement for continued emergency loan payments. (AP Photo / Petros Giannakouris)Public transport workers in Greece have joined a growing wave of strikes against new austerity measures that the country's creditors are demanding in return for rescue loans.



READ THE ORIGINAL POST AT news.yahoo.com

Greece and Troika Move Closer to Deal on Austerity


CNBC.com

Greece and Troika Move Closer to Deal on Austerity
CNBC.com
By: Reuters. Greece has secured the blessing of its lenders on an additional chunk of spending cuts in a nearly 12-billion-euro austerity plan, a senior government official said on Wednesday, bringing the crisis-hit country closer to a deal on the package.
Greece, Troika Close in on Budget Cutting PlanWall Street Journal
Greece Close to a Deal With TroikaReason (blog)

all 385 news articles »

READ THE ORIGINAL POST AT www.cnbc.com

The Other Greek Crisis


New Yorker (blog)

The Other Greek Crisis
New Yorker (blog)
Not for Greece, at least. The country has been saddled not only with unmanageable debts, austerity budgets, and German condescension but also with the frontline burdens of a broken European Union asylum and migration regime that combines high ideals ...


READ THE ORIGINAL POST AT www.newyorker.com