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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

Saturday, August 23, 2014

Arsenal close in on Greek defender Kostas Manolas

Arsenal are reportedly closing on a deal for Greek international Kostas Manolas with the club stepping-up their efforts to fill the void created by T.


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Soccer-Greek championship results and standings

Aug 23 (Infostrada Sports) - Results and standings from the Greek championship matches on Saturday Saturday, August 23Kerkyra 2 Panthrakikos 1 OFI Crete 1 Panaitolikos Agrinion 0 Olympiakos Piraeus 3 Niki Volos 1 Standings P W D L F A Pts 1 Kerkyra 1 1 0 0 2 1 3 1 OFI Crete 1 1 0 0 1 0 3 1 Olympiakos Piraeus 1 1 0 0 3 1 3 ------------------------- Asteras Tripolis 0 0 0 0 0 0 0 Atromitos Athinon ...


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Welcome Back BBQ provides chance to connect

Students lined Greek Row for barbecue and a chance to meet someone new at the Welcome Back BBQ on Friday. Seth Ressl, director for Student ...


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Estia Greek Taverna opens in Radnor

Stepping into the new Estia Greek Taverna in Radnor is like walking into a Greek island locale, an airy and relaxing getaway. Wide windows bring in all the sunlight as diners sit at tables or in cozy banquets. The theme carries over to an enormous white marble bar in the heart of the eatery. Light wood and bamboo also compliment the room, with rustic Greek pottery displayed on nooks in the walls.


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Dave Matthews Band, August 23, 2014, Greek Theatre, Berkeley Poster

Dave Matthews Band, August 23, 2014, Greek Theatre, Berkeley 21 x 34. Edition of 1200 7 colors on archival cream paper. Signed and Numbered ...


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Greek Chicken Salad Sandwiches

This is a quick easy and chicken salad. It is delicious served in wraps, in a pita, or on a croissant. Ingredients: 1 lb boneless,


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BC-SOC--Greek Standings

by  Associated Press BC-SOC--Greek Standings Associated Press - 23 August 2014 14:16-04:00 BC-SOC--Greek Standings Greek Football Standings Greek League GP W D L GF GA Pts Kerkyra 1 1 0 0 2 1 3 Asteras 0 0 0 0 0 0 0 Atromitos 0 0 0 0 0 0 0 Ergotelis 0 0 0 0 0 0 0 Kalloni 0 0 0 0 0 0 0 Levadiakos 0 0 0 0 0 0 0 Niki Volos 0 0 0 0 0 0 0 OFI Crete 0 0 0 0 0 0 0 Olympiakos 0 0 0 0 0 0 0 PAOK Thessaloniki 0 0 0 0 0 0 0 PAS Giannina 0 0 0 0 0 0 0 Panathinaikos 0 0 0 0 0 0 0 Panetolikos 0 0 0 0 0 0 0 Panionios 0 0 0 0 0 0 0 Platanias 0 0 0 0 0 0 0 Veria 0 0 0 0 0 0 0 Xanthi 0 0 0 0 0 0 0 Panthrakikos 1 0 0 1 1 2 0 Saturday, Aug. 23 Kerkyra 2, Panthrakikos 1 OFI Crete vs. Panetolikos, 1615 GMT Olympiakos vs. Niki Volos, 1830 GMT Sunday, Aug. 24 Atromitos vs. Platanias, 1615 GMT PAOK Thessaloniki vs. Kalloni, 1615 GMT PAS Giannina vs. Asteras, 1615 GMT Veria vs. Xanthi, 1615 GMT Levadiakos vs. Panathinaikos, 1830 GMT Monday, Aug. 25 Panionios vs. Ergotelis, 1830 GMT Saturday, Aug. 30 Kalloni vs. Ergotelis, 1615 GMT Panthrakikos vs. PAS Giannina, 1615 GMT Panetolikos vs. Olympiakos, 1830 GMT Sunday, Aug. 31 Asteras vs. Levadiakos, 1615 GMT Niki Volos vs. Atromitos, 1615 GMT Platanias vs. PAOK Thessaloniki, 1615 GMT Xanthi vs. Kerkyra, 1615 GMT Panathinaikos vs. Panionios, 1830 GMT Monday, Sept. 1 OFI Crete vs. Veria, 1830 GMT News Topics: Soccer, Men's soccer, Sports, Men's sports People, Places and Companies: Thessaloniki, Crete, Greece, Western Europe, Europe Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Got a spare £12 million? Buy your own Greek island with TWO private beaches and its own church

Ever wanted to take a speedboat or helicopter across the Mediterranean to your own personal island? The Greek island of Holy Trinity (Agia Trias) has ...


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New Greek diner serves late-night eats all week long

tzatziki restaurant toronto There's a brand-new gyro shop on the east side. Just off the beaten path in Pape Village you'll find this newly opened diner ...


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The Exotic Islets of Crete

The Greek island of Crete is surrounded by more than one hundred small and larger islets, with the majority of them located near the municipality of Lasithi. Most of them are uninhabited, while others are considered wildlife sanctuaries or archaeological sites of great cultural importance. Gavdos is the only inhabited islet but a lot of campers visit Koufonisi and Gaidouronisi as well. Gavdos, called Ogygia during ancient times, is also known as Calypso’s island. If you ever wondered why Odysseus stayed with Calypso for so many years, forgetting all about his homeland, then you have to visit Gavdos and witness its beauty with your own eyes. There are several boats making the daily trip from Crete to Gavdos. Gavdos is a place to meet interesting people and forget about all the anxiety and conformity of everyday life. The islet’s visitor will enjoy the small taverns and semi-hippie lifestyle, but above all, the beaches of Ai Giannis and Sarakiniko. Most tourists choose to stay in the beach of Sarakiniko because it is closer to the tavern and the mini-markets. On the other hand, Ai Giannis is a more secluded beach, where the nearest trace of civilization is just a 15 minute walk away. Gaidouronisi can be easily accessed by boat through the port of Ierapetra. Even though the islet is not inhabited, it is a very famous tourist destination for campers. The sand is white or sometimes pink due to the crushed shells, the turquoise waters are crystal clear, the cedars look like natural sculptures and a sense of isolation always lingers in the air. Gaidouronisi is the perfect spot for stargazing, away from the pesky lights of civilization. Even though camping is not technically legal on the island, a lot of people decide to take the risk and stay overnight so they can have a swim when the sun rises. There are some taverns on the island but no one actually knows when they are going to open, so if you are planning on staying, it is a good idea to prepare some dry food for the trip. Finally, the uninhabited islet of Koufonisi has a long history. It is located across from Makrigialos and its landscape resembles Gaidouronisi, with sand dunes leading to beaches and crystal clear turquoise waters. During ancient times, the island used to be called Leuce and was an important center for the production of porphyra, a red dye coming from shells, but also a place for sponge fishing. Archaeologists found a well-preserved ancient theater, ancient houses, laboratories for processing porphyra and many other important discoveries. Unfortunately, there are no daily scheduled trips to Koufonisi, just a local who takes people across with his boat.


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Greece is "all gold", Albania last in the region

Albania is positioned last in the list of 100 countries of the world, in terms of gold reserves. In its report "World Gold Council" published in August 2014, ...


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Festival in the city area this weekend

The 2014 Greek Fest started on Thursday at the Greek Orthodox Church of the Holy Spirit on South Avenue and runs throughout the weekend.


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Calendar: Capt. Underpants at RJ Julia, St. Barbara Greek Festival in Orange

Underpants at R.J. Julia, St. Barbara Greek Festival in Orange. The work of artists who live in different parts of the state are featured in “Five Fiber ...


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Greece’s Cyclades isles offer views, beaches, sunsets and crowds

Whitewashed houses stacked like sugar cubes on the cliffs. Colorful sunsets and black-sand beaches. Donkeys, windmills and a winemaking tradition that goes back to ancient times. These are some of the things that stood out on a visit to the Cyclades, a ...


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Perceptions and praying for our peers

The performance of the eurozone’s other economies over the next few quarters will be much more important to Greece’s than the seemingly meager impact from the geopolitical crisis in Ukraine, Russia and elsewhere. However, the perception regarding Greece’s... ...


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New banking measures aimed at tackling nonperforming loans

The Bank of Greece is expected to deliver its latest code of ethics for the sector within the current week, possibly even today, as commercial banks scramble to deal with a mass of nonperforming loans (NPLs). According to sources, the new code will includ... ...


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Smaller firms wiped out by the crisis

Highlighting the impact of Greece’s recession on small and medium-sized enterprises, the latest labor market data showed that the country’s 252 biggest employers provided work to one-quarter of the private sector’s total work force. Also, the data – compi... ...


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Mario Draghi Gave A Fantastic Speech On What's Wrong With Europe, But He's Still In Denial On One Big Thing

Economically speaking, the Eurozone is a massive failure. This is a point we've been making over and over again lately. That nearly 6 years after the financial crisis, there's been almost no growth revival, and unemployment remains sky high. And the ECB, which has a single price-stability mandate, hasn't been able to fight an ominous disinflationary trend. This week at the Jackson Hole Economic Policy Symposium ECB chief Mario Draghi basically acknowledged all this in a speech on the causes of chronic unemployment in the euro area. Everyone should read the first paragraph of his speech, because it's a reminder of what a tragedy unemployment is, and why it's so alarming that it still remains so high in Europe. Draghi says it really nicely and succinctly: No one in society remains untouched by a situation of high unemployment. For the unemployed themselves, it is often a tragedy which has lasting effects on their lifetime income. For those in work, it raises job insecurity and undermines social cohesion. For governments, it weighs on public finances and harms election prospects. And unemployment is at the heart of the macro dynamics that shape short- and medium-term inflation, meaning it also affects central banks. Indeed, even when there are no risks to price stability, but unemployment is high and social cohesion at threat, pressure on the central bank to respond invariably increases. He then quickly follows up with this chart, comparing the trajectory of unemployment in the United States and the Eurozone. Whereas the US saw a very severe dropoff, and then a turnaround that started quickly, Europe's crisis was allowed to get worse for many years, and since then the recovery has been mild at best. So Draghi acknowledges a massive ongoing crisis. And he also uses some of his sharpest language yet to get at why things have been so bad: Austerity. When the sovereign debt crisis started in late 2009, because investors started losing confidence that countries like Greece could pay their debts, the initial reaction was to cut government spending. Here's Draghi explaining that initially government spending helped keep unemployment in check, but that eventually the fiscal situation became a major drag. On the fiscal side, non-market services – including public administration, education and healthcare – had contributed positively to employment in virtually all countries during the first phase of the crisis, thus somewhat cushioning the shock. In the second phase, however, fiscal policy was constrained by concerns over debt sustainability and the lack of a common backstop, especially as discussions related to sovereign debt restructuring began.  Draghi also explains why the ECB has been somewhat powerless to counteract the austerity. Basically, even with the ECB cutting rates aggressively in the downturn, the sovereign debt crisis caused strains on the financial system that made getting financing expensive and difficult: Sovereign pressures also interrupted the homogenous transmission of monetary policy across the euro area. Despite very low policy rates, the cost of capital actually rose in stressed countries in this period, meaning monetary and fiscal policy effectively tightened in tandem. Hence, an important focus of our monetary policy in this period was – and still is – to repair the monetary transmission mechanism. Establishing a precise link between these impairments and unemployment performance is not straightforward. However, ECB staff estimates of the “credit gap” for stressed countries – the difference between the actual and normal volumes of credit in the absence of crisis effects – suggest that that credit supply conditions are exerting a significant drag on economic activity.  Austerity isn't everything. Draghi do goes on to discuss other factors constraining employment, including possible structural factors, like a skills mis-match (which is a topic of heated conversation in the US as well). But it's clear that the damaging effects of austerity represent the main thrust of his speech, and it's what he would most like to see changed. The key part of his speech is where he calls on more use of fiscal policy to jumpstart the economy, and he lays out how it could be done. If you don't want to read the block text below, he basically says that the Eurozone could have a more positive fiscal policy, while not breaking the bank. This could be done by a greater use of aggregate fiscal policy (having a common Eurozone budget), and by looking at opportunities to substitute spending for tax cuts, where research indicates that the economic multiplier would be hear. ...it would be helpful for the overall stance of policy if fiscal policy could play a greater role alongside monetary policy, and I believe there is scope for this, while taking into account our specific initial conditions and legal constraints. These initial conditions include levels of government expenditure and taxation in the euro area that are, in relation to GDP, already among the highest in the world. And we are operating within a set of fiscal rules – the Stability and Growth Pact – which acts as an anchor for confidence and that would be self-defeating to break. Let me in this context emphasise four elements. First, the existing flexibility within the rules could be used to better address the weak recovery and to make room for the cost of needed structural reforms. Second, there is leeway to achieve a more growth-friendly composition of fiscal policies. As a start, it should be possible to lower the tax burden in a budget-neutral way. This strategy could have positive effects even in the short-term if taxes are lowered in those areas where the short-term fiscal multiplier is higher, and expenditures cut in unproductive areas where the multiplier is lower. Research suggests positive second-round effects on business confidence and private investment could also be achieved in the short-term.   Third, in parallel it may be useful to have a discussion on the overall fiscal stance of the euro area. Unlike in other major advanced economies, our fiscal stance is not based on a single budget voted for by a single parliament, but on the aggregation of eighteen national budgets and the EU budget. Stronger coordination among the different national fiscal stances should in principle allow us to achieve a more growth-friendly overall fiscal stance for the euro area. Fourth, complementary action at the EU level would also seem to be necessary to ensure both an appropriate aggregate position and a large public investment programme – which is consistent with proposals by the incoming President of the European Commission.  This is all excellent and helpful. But there's one line in Mario Draghi's speech that represents a massive state of denial about what's gone wrong, and that has to do with why austerity was implemented in the first place. This may seem obvious to some, but it's not, and even Draghi contradicts himself a little on this question. Early on in the speech, when introducing austerity, he drops this line: The necessary fiscal consolidation had to be frontloaded to restore investor confidence, creating a fiscal drag and a downturn in public sector employment which added to the ongoing contraction in employment in other sectors. This line about how fiscal consolidation had to be frontloaded (i.e. the cuts had to happen right away) in order to restore economics, is, to use a term of economics: BS. Vulnerable countries throughout 2009, 2010, 2011, and 2012 announced this-or-that budget consolidation measure. And those announcements didn't accomplish anything. Here's a chart showing the yield on 10-year bonds for Spain (blue line), Italy (red line), two countries that faced significant bond market stress, but in the end didn't need a bailout:   For both countries there were two peaks, when things got really hairy. The first peak came in late 2011, and that's when the ECB stepped in with an operation to provide liquidity to banks that enabled them to buy government bonds, which for a few months brought yields down. The second, and final peak, came in the summer of 2012, when Mario Draghi delivered his famous "whatever it takes" speech. That's the speech where Draghi solved one of the Eurozone's core structural problems, which is that the central bank was not designed to be a fiscal backstop. In the UK, Japan, and the US, the governments and the central banks are tightly linked, so the governments can't "run out" of money, because they have the power of the printing press. Eurozone countries don't have that. They still don't, but what Draghi did say is that if in the future, a Eurozone country gets into fiscal trouble, they can get an unlimited ECB backstop, provided they also agree to outside supervision on their fiscal matters. These three words "whatever it takes" did the trick. The ECB hasn't had to spend one cent on this operation, but just the promise that the ECB had the governments back in the event of an emergency significantly eased the fiscal strain, and brought borrowing costs much lower. This is key. "Front-loading" austerity did not calm the market and restore investor confidence. The ECB backstop did. Draghi admits this later in his speech in his speech, actually: Turning to fiscal policy, since 2010 the euro area has suffered from fiscal policy being less available and effective, especially compared with other large advanced economies. This is not so much a consequence of high initial debt ratios – public debt is in aggregate not higher in the euro area than in the US or Japan. It reflects the fact that the central bank in those countries could act and has acted as a backstop for government funding. This is an important reason why markets spared their fiscal authorities the loss of confidence that constrained many euro area governments’ market access. This has in turn allowed fiscal consolidation in the US and Japan to be more backloaded. Near-term austerity isn't necessary in countries where the central bank is a fiscal backstop. That backstop was missing in the Eurozone up until summer of 2012, and consequently bond yields surged. The years spent trying to ease the fiscal strain via austerity were a waste, and ultimately an economic catastrophe. Now it may be true that politically speaking, Draghi might never have had the ability to put in place the backstop if there hadn't been austerity. The Germans might have cried bloody murder if Draghi had said "whatever it takes" before countries like Italy and Greece put themselves in fiscal handcuffs (though much of Germany cried bloody murder anyway). But even if this is true from a political perspective, Draghi is still wrong when he says that austerity was necessary to appease investors. Earlier this week, MIT professor and Nobel Laureate Peter Diamond said that historians are going to "tar and feather" Europe's central bankers for the ongoing disaster that is the Eurozone economy. This is why. Austerity wasn't necessary. Yes, there were problems in the Eurozone, but they had to do with the unsound currency structure. Draghi is still denying that there was massive self-inflicted harm for no reason at all.SEE ALSO: Nobel Laureate: Historians are going to tar and feather Europe's central bankers Join the conversation about this story »


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Bank shares on wild ride amid test fears

The overall uncertainty regarding how Greek banks will emerge from October’s stress tests to be conducted on all EU banks has fueled a summer of distress and fluctuation for local banking stocks. Last week, the banks index at the Athens bourse rose 6 perc... ...


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GreekFest 2015

Location: St. Katherine Greek Orthodox Church. 7100 Airport Pulling Rd N, Naples, FL 34109. FEATURING: Authentic Greek Food Bounce House.


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Soccer refereeing investigation goes into final stage

A judicial probe into alleged corruption in Greek soccer is entering its final phase, with 11 top officials due to give depositions to Court of First Instance deputy prosecutor Aristidis Koreas on September 15. Koreas gave the officials, four from the Hel... ...


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Coalition set to nominate Kouvelis for president

Greece’s coalition leaders appear set to nominate Fotis Kouvelis, leader of the small Democratic Left (DIMAR) party, as their candidate for the country’s next president after Karolos Papoulias’s tenure expires in February, Kathimerini understands. The mod... ...


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Greek lexicographer Emmanouil Kriaras dies aged 107

Lexicographer Emmanouil Kriaras died at the age of 107 at his home in Thessaloniki late on Friday night. Kriaras was an emeritus professor at Thessaloniki’s Aristotle University and is best-known for the 16-volume “Lexicon of Medieval Greek Demotic Litera... ...


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Athens finalizes Paris talks goals

The Greek government has begun finalizing its negotiating strategy for the imminent talks with troika officials in Paris, setting four clear priorities for the September meeting.


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Una Faccia Una Razza – Greeks and Italians Have Common Flavors and Passion

NEW YORK – The Italian American Museum Little Italy hosted “ Taste of Sicily – Healthy Eating Italian Style,” on August 7 featuring a presentation by Fiorella DiCarlo on both the health benefits of the Mediterranean diet and the flavors and many other delights of Sicily. New Yorkers of Greek and Italian extraction know the […] The post Una Faccia Una Razza – Greeks and Italians Have Common Flavors and Passion appeared first on The National Herald.


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Greek police in easiest drug arrest ever

Police in northwestern Greece had their easiest ever arrest late on Friday when the tire on a truck passing in front of them burst, causing large packages of cannabis that had been hidden in the vehicle to be spilt onto the road. The accident happened on ... ...


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Kavala man left 6 dogs at home without food or water for 2 weeks

A 58-year-old man was arrested in Kavala, northern Greece, on Saturday for animal neglect after he was found to have left his six dogs locked in his apartment for at least two weeks without food and water. The animals were found after complaints by neighb... ...


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Stocks in the News- National Bank of Greece (ADR) (NYSE:NBG), Alcatel Lucent SA (ADR) (NYSE ...

National Bank of Greece (ADR) (NYSE:NBG)along with its subsidiaries, offers diversified financial services first and foremost in Greece. The company ...


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Must-know The economy in Greece

The Greek government-debt crisis, also known as the Greek Depression, is part of the ongoing Eurozone crisis. It was triggered by the arrival of the global economic recession in October, 2008. Since ...


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Must-know: Investing in Greece

Overview: A guide to investing in the PIIGS nations (Part 13 of 15) (Continued from Part 12) Investing in Greece In April this year, Greece successfully returned to debt markets with a five-year bond issue. It raised ~$4 billion at a yield of 4.95%.


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How to Prepare a Traditional Greek Easter Menu

Learn how to prepare a traditional Greek Easter menu by following the tips in this guide.


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New Greek bailout unveiled to contain debt crisis

President of European Commission Jose Manuel Barroso (R), President of European Council Herman Van Rompuy (C) and Greek Prime Minister Georgios Papandreou attend the press conference after the ...


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Must-know: The current state of the Greek economy

The strong export of goods and services enabled Greece to clock a high current account surplus of 2% last year. Other data including retail sales, car sales, industrial output, and construction and manufacturing ...


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How to Prepare a Traditional Greek Easter Menu

Learn how to prepare a traditional Greek Easter menu by following the tips in this guide.


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Prasorizo (Greek rice with leeks)

Prasorizo is an easy rice dish from Greece. Similar to a risotto, it includes leeks, parsley and pine nuts - the perfect easy side dish for a Greek feast!


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Prasorizo (Greek rice with leeks)

Prasorizo is an easy rice dish from Greece. Similar to a risotto, it includes leeks, parsley and pine nuts - the perfect easy side dish for a Greek feast!


READ THE ORIGINAL POST AT www.amuse-your-bouche.com

Why Ancient Greeks Didn’t Suffer From Middle-Age Spread

Middle-age spread is a problem that worries millions of people as they get older. After 35, the body is starting to lose its ability to remain in shape and fat is usually collecting around the abdomen. Unhealthy diet, sedentary lifestyle and lack of physical exercise aggravate the problem. It appears though that it is a problem of the contemporary era, as people in ancient Greece didn’t suffer from middle-age spread. Wars, diseases and poor diet meant that a large number of people in Greece was dying at birth, early childhood and their twenties. Not many people managed to live longer than 30. Perhaps 5% made it to 60 and 1% to 80. Therefore, middle-age had been completely eliminated. In ancient Greece, middle-age didn’t even exist as a concept. Greek philosopher Pythagoras had divided life into four stages: 0–20 childhood; 20–40 adolescence; 40–60 youth; 60–80 old age. Some Athenians calculated age by political responsibility, assuming young up to 30 and old after 60. However, one of Aesop’s fables hinted at the notion. A man with black hair mixed with grey had two lovers, one old and one young. The old one wanted him to look old as well so she pulled out his black hair, while the young one wanted him to look youthful and pulled out his grey hair. As a result, he was left completely bald. Another important reason that ancient Greeks didn’t suffer from middle-age spread was that they were eating less and more healthy than contemporary men.


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Greek Peach Farmers Wait On EU

After promises of aid to make up for losses from a Russian embargo, Greece's peach and nectarine producers still don't have an answer. The post Greek Peach Farmers Wait On EU appeared first on The National Herald.


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Greece Readies Property Tax Change

Finance Minister Gikas Hardouvelis, admitting the flawedENFIA property tax has led to wrong and prohibitive bills, said he'll make changes. The post Greece Readies Property Tax Change appeared first on The National Herald.


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Start-ups hold promise but are no panacea for Greek economy, say experts

Akis Laopodis was 23 years old when he was ready to enter the work force. Though it was before the start of the economic crisis and he did not face the staggering 60 percent youth unemployment rates that young people do today, he said that he wanted to st... ...


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First reliable data suggest a possible increase in suicides in Greece

1Third Department of Psychiatry, School of Medicine, Aristotle University of Thessaloniki, 55535 Thessaloniki, Greece; 2Social Cooperative “New.


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Greece Readies Property Tax Change

Finance Minister Gikas Hardouvelis, admitting the flawedENFIA property tax has led to wrong and prohibitive bills, said he'll make changes. The post Greece Readies Property Tax Change appeared first on The National Herald.


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Economic crisis and challenges for the Greek healthcare system

The Greek health care system is characterized by the coexistence of the National Health Service (called ESY), a compulsory social insurance and a ...


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EDITORIAL: Let's celebrate culture

There was a time when many, if not most, of the restaurants and lunch counters in Belleville were run by Greek Canadians new to our shores and the ...


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Greece’s Terror Squad Hunts Bank Robbers

Greece' anti-terrorism squad joined the search for three armed robbers who took 300,000 euros from a bank and released a hostage. The post Greece’s Terror Squad Hunts Bank Robbers appeared first on The National Herald.


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Indy’s Greek Fest kicks off Friday

features Greek food, dancing and culture. The event is held at Holy Trinity Greek Orthodox in Carmel. It’s open from 11 a.m. to 10 p.m. on Saturday and 11 a.m. to 4 p.m. on Sunday. For a full ...


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Town of Greece urged to allow for atheist invocations

A policy unanimously adopted at the meeting of the Town Board of Town of Greece on August 19, states: “The Town Board of the Town of Greece ...


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Andreas Samaris signs for S.L. Benfica

Andreas Samaris has just signed a contract with Portuguese side Benfica, with a reported transfer fee of €10m and a release fee of €45m. What a year for the 25-year-old central midfielder! Last summer he signed from Panionios to Olympiacos, then managed to become a regular starter in most of the Reds’ Champions League games and of course being selected to play for the Greek national team. Finally, he was called up by Fernando Santos to participate in the FIFA World Cup in Brazil, where he made two appearances and scored Greece’s first goal of the tournament against Ivory Coast. To conclude, he has now become the second most expensive Greek player in history worth €10m.  “I wanna thank owner Mr Marinakis, my coach Mitchel, the management staff, my teammates and of course the incomparable fans of Olympiacos for everything they passed on to me. Olympiacos helps players evolve by investing on their talent. I wish them success in Greece but most of all in the European cups.” Those were Samaris first words after his sale became official making him the 5th (!) Greek to join the club in recent years. First to start the journey was Triantafylos Mihailidis, and then Panayotis Fyssas followed with Giorgios Karagounis and Kostas Katsouranis.


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The Tourists That Spend The Most During Their Stay in Greece

Foreign tourism in Greece led to a four billion euro revenue during the first half of 2014, a significant increase of 13.4% (464 million euros) compared to the same period in 2013. According to data released by the Bank of Greece (BoG), the revenue from British and French tourists visiting Greece, showed a 40.2% and 21.3% increase respectively. Furthermore, American tourists spend the most, on average, on basic necessities when they are visiting Greece. It was estimated that Americans spend an average of 1,131 euros, followed by Russians with 907 euros, Germans with 823 euros, Brits with 751 euros and the French with 694 euros. Germans spent more money, compared to tourists from other countries, during the first half of 2014. Overall, they spent 588 million euros, an increase of 2.9% compared to the same period last year. The British spent 522.6 million euros, Russians 347.1 million euros (2.5% decrease), Americans 229.4 million euros (15.8% increase) and the French spent 286.8 million euros. According to Katimerini newspaper, the tourism balance during the first half of 2014 showed a surplus of 2.91 billion euros, a 12.6% increase in comparison to the 2.59 billion surplus of 2013. This is mostly due to the large increase in tourist revenue, in comparison to the increase in travel expenses of Greeks abroad.


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The first Greek microsatellite is a fact!

Recognizing the significance and importance of the whole endeavor, the Cyprus Amateur Radio Society invites it's members and all amateurs of ...


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