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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

Tuesday, May 17, 2016

STOCKS SLIDE: Here's what you need to know

[Kabul water park boys on slides] Stocks closed sharply lower on Tuesday, briefly taking the S&P 500 back into negative territory year-to-date. Oil made new highs for the year, and Brent crude — the international benchmark — came with 50 cents of $50 per barrel. First, the scoreboard: * Dow: 17,528.61, -182.10, (-1.03%) * S&P 500: 2,047.11, -19.55, (-0.95%) * Nasdaq: 4,715.73, -59.73, (-1.25%) US ECONOMY In Fedspeak, Atlanta Fed president Dennis Lockart and San Francisco Fed president John Williams both said they would not rule out a June interest-rate hike.  Lockhart noted that markets may be more pessimistic about the number of times the Fed will hike rates this year than he is. The Fed Fund Futures market is pricing less than a 50% chance of a rate hike through the end of this year.  All of the economic data released Tuesday beat expectations.  The consumer price index (CPI) rose more than expected in April, and recorded its biggest jump since February 2013.  The gauge of inflation rose 0.4% month-on-month and 1.1% year-on-year. Core CPI, which strips volatile food and energy costs, rose 0.2% month-on-month and 2.1% year-on-year, as expected.   Rising gas prices accounted for much of the spike in headline CPI; the gas index rose 8.1%.  "Higher energy prices over the past couple of months are starting to push overall inflation higher, and pass-through from energy to other prices will put upward pressure on core inflation in the months ahead," said PNC chief economist Stuart Hoffman. Housing starts rose 6.6% to 1.172 million in April, while building permits rose 3.6% to 1.116 million. What was encouraging about the report was a spike in Midwest activity, which contributed to much of last month's rise in housing starts, according to Quicken Loans Vice President Bill Banfield. The rise in building permits signals that momentum is building in new home construction, he said.  But a downward trend may be starting in the Northeast and West, where starts dropped 3.5% and 2.5% month-on-month respectively, according to Trulia chief economist Ralph McLaughlin.  Industrial production climbed 0.7% last month after a 0.9% decline. Capacity utilization slipped to 75.4% from 75.8%.  Demand for electricity and natural gas rose to a more normal level after unseasonably warm weather in March reduced the need for heating. That raised utility production by 5.8% month-on-month, the most since 2007.   HOME DEPOT Retail earnings are looking a lot different this week. After heavyweights like Gap and Macy's disappointed last week, we're finally getting some good results.  Particularly from Home Depot, which crushed earnings expectations once again and raised its outlook for the year. The home-improvement retailer benefited from rising home prices and milder weather. It earned $1.44 per share ($1.33 expected) and revenues of $22.76 billion ($22.32 billion expected.) Sales at stores open for at least one year jumped 7.4% in the US.  And now for some evergreen bullish Home-Depot commentary, here's CFO Carol Tome (our emphasis): Turning our attention to the full year, while US GDP forecast had pulled back slightly since we built our 2016 sales plan, WE CONTINUE TO SEE STRENGTH IN THE HOUSING MARKET, WITH HOME PRICE APPRECIATION, HOUSING TURNOVER AND HELPFUL FORMATION TRENDING WHERE WE THOUGHT THEY WOULD. SALES IN THE FIRST QUARTER EXCEEDED OUR EXPECTATIONS, NOT JUST BECAUSE OF FAVORABLE WEATHER, BUT BECAUSE OF HIGHER DEMAND FOR MANY OF OUR CORE PRODUCT CATEGORIES. The other bright spot in retail was TJ Maxx, which reported a better-than-expected quarter.  The discount retailer reported earnings per share of $0.76 on revenues of $7.54 billion ($0.71 on $7.28 billion expected.) TJX can help us understand what's hurting other retailers, as BI's Mallory Schlossberg wrote. According to Neil Saunders, CEO of consulting firm Conlumino, consumers believe that they're getting great value for money. That makes them spend even when they are a bit tight on cash.  Saunders further said TJX offers genuine discounts that have been created with the customer in mind, not as an afterthought to clear clothes nobody's buying. Of course, Amazon remains a huge threat to every retailer, and Saunders points this out. But he said the thrill of rushing to a store for a bargain before items sell out is something TJX has going for it.  JOHN MCAFEE Not the man, but the company he's CEO of which was recently named after him. Its shares have soared 1,000% in a week. John McAfee Global Technologies Inc. caught our attention as it was the most active stock on the market today. BI's Bob Bryan looked into it, and wrote that the company has made an abrupt pivot from online gaming to cybersecurity. It sold all but 11% of its stake in daily-fantasy site DraftDay.com last September. And then its delayed annual report filed in April showed it was considering potential mergers, spin-offs and other strategic options.  The following month, Michael Brauser of Grander Holdings bought 1.2 million shares of the company. He's been sued multiple times for fraud involving small, public companies.  And then earlier in May, its chairman stepped down before being replaced by McAfee, who bought the company for $300,000 in cash and 4.76 million shares of MGT. Clearly, there's a lot going on with this company worth just over $150 million, whose shares changed hands at a volume higher than Bank of America's on Tuesday. Stay tuned. ADDITIONALLY: CARSON BLOCK: The way companies are acting is eerily similar to the financial crisis MARK CUBAN: Stocks could crash 20% if Trump becomes president The short seller who took down Valeant is now long the stock. He went on TV to explain why and ended up slamming a different stock Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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Vargas shines as AEK wins Greek Cup

[Olympiakos' Manuel Da Costa, left, runs to stop AEK Athens' Rafik Djebbour as he controls the ball during the Greek Final Cup at the Olympic Stadium of Athens, on Tuesday, May 17, 2016. (AP Photo/Thanassis Stavrakis)]ATHENS, Greece (AP) — Midfielder Ronald Vargas set up a goal in each half for AEK Athens to beat Olympiakos 2-1 and win the Greek Cup on Tuesday, ending a tournament marred by violence and administrative disputes.


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For refugees stuck in GREECE, no news is bad news

As GREECE struggles to set up refugee resources in the wake of the EU-Turkey deal, many migrants are trapped in information voids, with little accurate ...


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GREEK-Israeli relations under spotlight at journalists' forum

There has been a significant, and somewhat unexpected, warming of relations between Greece and Israel over the last few months, a journalists' ...


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AEK sink Olympiakos to win 15th GREEK Cup

Alejandro Dominguez gave Olympiakos hope of a comeback with a superb goal five minutes from time but AEK held on to claim their 15th GREEK Cup ...


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Suicides and overdoses have skyrocketed among middle-aged white Americans

White middle-aged Americans have been dying at a sharply increased rate in the 21st century. A paper by Princeton University's Anne Case and Nobel laureate Angus Deaton found that white, non-Hispanic Americans aged 45-54 have seen an increase in all-case mortality, which was largely led by increases in deaths by suicides, drug and alcohol poisonings, and chronic liver diseases. In the same timeframe, mortality rates for midlife black non-Hispanics, Hispanics, and those older than 65 in every racial and ethnic group continued to fall. Additionally, although all education groups among non-Hispanic whites aged 45-54 saw increases in poisonings and suicide, those with less education saw the most marked increases in external cause mortality. A Bank of America Merrill Lynch team led by Beijia Ma used the data from Case and Deaton to put together a chart showing the change in mortality by cause among middle-aged white, non-Hispanic Americans. As you can see in the chart, deaths by poisoning — mostly alcohol and/or drug poisoning, according to Case and Deaton — shot up dramatically from 2000-2013. Meanwhile, death by suicide and by chronic liver disease, which is associated with obesity, alcohol abuse, and hepatitis, also increased significantly. On a somewhat positive note, the death rate from lung cancer (correlated with cigarette smoking) decreased, while death by diabetes did not significantly change.  [case deaton COTD]Bank of America Merrill Lynch Notably, Case and Deaton write that the increased midlife mortality rates for this demographic group was "paralleled by increases in midlife morbidity." "Self-reported declines in health, mental health, and ability to conduct activities of daily living, and increases in chronic pain and inability to work, as well as clinically measured deteriorations in liver function, all point to growing distress in this population," the economists wrote in the paper. Moreover, the paper's authors also commented on a potential correlation between these trends and the financial downturn. Via their paper: Although the epidemic of pain, suicide, and drug overdoses preceded the financial crisis, ties to economic insecurity are possible. After the productivity slowdown in the early 1970s, and with widening income inequality, many of the baby-boom generation are the first to find, in midlife, that they will not be better off than were their parents. Growth in real median earnings has been slow for this group, especially those with only a high school education. A somewhat bleak implication here is that this generation of adults might enter into old-age healthcare programs like Medicare in worse health than their predecessors, note Case and Deaton. "This change reversed decades of progress in mortality and was unique to the United States; no other rich country saw a similar turnaround," the duo wrote in the report. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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AEK upset Olympiakos in Greek Cup final

Athens (AFP) - AEK Athens surprised Olympiakos 2-1 to win the Greek Cup final on Tuesday at an empty Athens Olympic Stadium. Goals by captain Petros Mantalos in the 38th minute and by Algerian forward Rafik Djebbour in the 51st minute lifted AEK to their ...


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TAP Gas Pipeline Construction to Begin on Tuesday in Thessaloniki, Greece

Greek Prime Minister Alexis Tsipras will also attend the event, along with dignitaries from other countries involved in the project, such as Albania and Italy, Bulgaria and other countries along the Southern Gas Corridor. THESSALONIKI, Greece (AP ...


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Why now may be the best time to invest in GREECE

Enter the International Monetary Fund that earlier today proposed a plan in which the eurozone would allow GREECE to avoid both interest and ...


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Ex-Brazil captain Gilberto Silva joins Panathinaikos as technical director

ATHENS (AFP). Former Brazil captain Gilberto Silva has been named technical director of Panathinaikos, the Greek Super League team announced on Monday. The Athens outfit said the 39-year-old former Panathinaikos player had signed a three-year deal for an undisclosed fee. “Panathinaikos welcomes Gilberto Silva back to the family,” the team said in a statement. Silva


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Gluten-Free Greek Chicken & Peppers and Quinoa Salad

By Eleni Sakellis May is Celiac Awareness month. For those with celiac disease, a strict, lifelong gluten-free diet is the only way to avoid the symptoms of the disease which causes gastrointestinal issues when wheat,and other grains, such as rye or barley which also contain gluten, are consumed. Wheat allergies can also produce serious symptoms


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momentum builds for GREEK debt and banks

UBS upgraded Alpha Bank on Tuesday, following Morgan Stanley which recently turned bullish on GREEK sovereign debt and four banks — Alpha ...


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GREEK lender Eurobank swings to profit in Q1

We had the first positive result after five years of unprecedented challenges in the GREEK banking system,” chief executive Fokion Karavias said in a ...


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Turkish court wants trial of GREEK pilot for allegedly shooting down fighter jet

Citing a judicial assistance agreement between Greece and Turkey, a prosecutor in Ankara has asked GREEK judicial authorities to help start legal ...


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Illustrating The GREEK Debt Tragedy

As the GREEK debt crisis flares up once again, and the idea of debt relief for the struggling European nation is tabled by the powers that control the next ...


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Slim Chances of Large Tranche Disbursement for Greece on May 24

Expectations for the disbursement of a large tranche for Greece are being lowered just a week ahead of the Eurogroup meeting of Eurozone finance ministers in Brussels on May 24. A European official said that the first packet of measures are acceptable, however the contingency mechanism is still not ready for a full agreement. The


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Athens and Epidaurus Festival Program Unveiled: Edgy, Political and Youthful

Greece’s major cultural event, the 61st Athens and Epidaurus Festival, is full of youth this year with 80 performances at a number of venues from mid-June to mid-August this year. Events take place at the little and large Epidaurus theater, the Herod Atticus Theater and the industrial buildings at 260 Pireos Street. Prepared in just


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John McAfee's mysterious new company is the most traded stock in America right now

[John McAfee] Shares of the small tech company MGT Capital Investments are up more than 36% on Tuesday at $4.04 per share. In fact, with over 85 million shares traded, it is the most active stock, ahead of Bank of America. This is another day in a stream of strong upward moves for the stock after the company announced on May 9 that it was naming John McAfee, founder of anti-virus firm McAfee Security, as CEO and re-branding the firm John McAfee Global Technologies Inc. The sudden surge followed the McAfee announcement, which also included a sudden shift in the business from online gaming to cybersecurity. The firm acquired D-Vasive, a company that produces software protecting cellphones, on May 9. Previous to the shift, the company focused in online games such as slots simulator SlotChamp, and had a 10% stake in daily fantasy website DraftDay.com. The firm had no holdings regarding cybersecurity before the acquisition, based on its most recent annual filing. Here's what we know about the abrupt pivot so far: * SEPTEMBER 8, 2015: MGT sells all but 11% of its stake in DraftDay.com, according to its annual report. * APRIL 14: After delaying their annual report from March 31, MGT files its report, saying it has $359,000 in cash on-hand. Additionally, it describes its business as, "principally engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space as well as the social casino industry." The report does say that following the sale of DraftDay, the firm is, "considering all methods to create value for shareholders, including potential mergers, spin–offs, distributions and other strategic actions." * MAY 3: Michael Brauser, of Grander Holdings, acquires 1,337,668 shares of MGT Technologies, 6.4% of the company at the time of filing. Brauser has been sued numerous times for fraud involving small, publicly-listed firms, though some of those allegations have been dismissed. The most recent was dismissed in September 2015, for the company IDI Inc. Brauser was also CEO of an email marketing company, Naviant, which was acquired and eventually sued by credit agency Equifax after the firm accused the shareholder sellers of fraud. The case settled in arbitration for a payout to Equifax of $15.2 million. * MAY 6: MGT Chairman Joshua Silverman steps down from his position. Silverman's Cayman Island-based Iroquois Capital owns 9.4% of the firm, according to a filing on May 9. According to that filing, Silverman and his firm no longer have any representation on the board. * MAY 9: John McAfee is named Chairman and CEO, and the company buys Wyoming-based cybersecurity firm D-Vasive for $300,000 in cash and 4,760,000 in shares of MGT. The stock jumps 60% for the day. * MAY 16: MGT files to delay its 10Q quarterly report because the firm needs "additional time to work with its auditors and legal counsel to prepare and finalize the Form 10-Q." Business Insider reached out to McAfee, who said he was approached to lead MGT Technologies in 2015 regarding a possible investment in some of McAfee's cybersecurity ventures. The offer to come on as CEO and pivot the company away from gaming to cybersecurity was made by representatives of MGT just over a month ago, according to McAfee. When asked if he knew of Brauser's investment or legal troubles McAfee said, "I knew nothing about that." He added that, "If people think the cybersecurity focus is a scam, then just look at my background." Brauser was not available to comment, but we will update if we hear back. Based on the closing price of  May 6, the last trading day before the announcement of McAfee's involvement, the stock is now up more than 1000% in a week. Though to be fair, the company is still small with a market cap just over $150 million, and it started from only $0.36 per share as of Friday's close. [MGT] SEE ALSO: JOHN MCAFEE WAS JUST NAMED CEO OF A SMALL TECH COMPANY AND THE STOCK IS GOING NUTS Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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Greek Festival offers food, culture

For one weekend every spring, Greenville's Greek population expands to include lots of folks whose ancestors never set foot in the Greek Isles. The Greenville Greek Festival, which happens this weekend at downtown’s St. George Greek Orthodox Cathedral ...


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10 Souvenirs to Remember Your Trip to Greece

Honey is an essential part of every Greek kitchen and home. Many times you will see a Greek yiayia (grandma) offering a spoonful of honey to a young child, for honey is considered to be very healthy and symbolic in Greek culture as well. Whether you ...


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LNG terminal in Greece to start work in 2018

Greece requests 279 billion euros compensation... Greece and the countries and companies involved in the construction of a liquefied natural gas (LNG) terminal in Alexandroupolis, have agreed to set the end of 2018 as the target date for the start of the ...


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EU has largely ‘abandoned’ Greece to deal with migrant crisis on its own, UN expert warns

The suffering of migrants in Greece is the result of a complete absence of long-term vision and the clear lack of political will of the European Union (EU), a United Nations human rights expert said today, warning that Greece, already struggling to cope with fiscal challenges, has been abandoned by the EU to deal with a crisis that requires a response from all countries in the region.


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Greece launches Trans-Adriatic gas pipeline

THESSALONIKI: Greece launched construction on a 550-kilometre (342-mile) section of the Trans-Adriatic Pipeline (TAP), with Greece’s Prime Minister Prime Minister Alexis Tsipras eager for the 8,000 jobs for the country’s crisis-hit economy. Planned to ...


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Dijsselbloem, EZ officials hint: No Greek Deal will be reached May 24

I don’t know the original source of this statement but Greek media report about it. Eurogroup chief Jeroen Dijsselbloem is said to have said that he “can’t say with certainty that Greek Deal is reached on May 24th.” Another high-ranking source of the Eurozone has reportedly said that “we haven’t […]


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Greece Oil Storage and Products Industry Outlook to 2025

… the addition of the "Greece Oil Storage and Products Industry … ://www.researchandmarkets.com/research/v3c4pj/greece_oil CONTACT: Research and Markets, Laura …


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Greek bonds jump as debt relief talks begin

IMF proposal for Athens to delay bailout loan payments to be discussed next week


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Greece bond prices bounce as debt relief talks begin in earnest

Investors in Greece’s beleaguered government bonds have reacted positively to the prospect of a deal with creditors that could provide the country with relief on bailout loans for decades. Prices for securities sold by Athens rose, pushing the country ...


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GREEK PM Expects Country to Return to Economic Growth by 2017

ATHENS (Sputnik) – GREEK Prime Minister Alexis Tsipras on Tuesday said that he expects Greece's eurozone lenders to complete the review of the ...


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Greek National Football Team Announces Extended Squad for Friendly Games With Socceroos

The Greek National Team has announced its extended squad to face the Socceroos in the two international friendly matches in June 4 and June 7 in Australia. Head coach Michael Skibbe will be bringing a 31-man squad, including some of the biggest names for ...


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The world's biggest bank just bought a 'secret' gold vault in London

[gold switzerland]Reuters/Arnd Wiegmann The world's biggest bank by assets just bought a secret gold vault in London. China's ICBC Standard Bank agreed to purchase one of Europe's largest gold vaults from Barclays, according to Bloomberg. The deal is expected to be completed in July, although no additional financial details were given. The vault is in a "secret" location and can hold up to 2,000 metric tons of gold, silver, platinum, and palladium. It was opened by Barclays back in 2012. The BBC reports that ICBC Standard Bank's head of commodities Mark Buncombe said purchasing the vault "enables us to better execute on our strategy to become one of the largest Chinese banks in the precious metals market". Notably, China's appetite for gold seems to have grown over the last few months. Back in April, the country launched a gold price benchmark in order to have greater influence over the price of the commodity, according to the Financial Times. This could eventually reduce the influence of the London gold price, wrote the FT's Henry Sanderson. Moreover, the World Gold Council reports that inflows into gold-backed ETFs in China have risen "exponentially" in recent months. "Although they still only account for a very small proportion of the 1,974t held in these products globally, Chinese gold-backed ETFs on aggregate attracted 11.1t of inflows during the first quarter, more than doubling their holdings in the process," according to the WGC. "Huaan Yifu Gold ETF surpassed all other funds in Asia: total holdings at quarter-end were 13.5t, up 10.3t from the end of 2015. Although institutional investors were reportedly the driving force behind this flood of inflows, retail investors were also a considerable contributor, looking to gold for diversification and wealth protection," the WGC added. Gold is up 0.2% at $1,276.45 per ounce as of 1:15 p.m. ET. [Screen Shot 2016 05 17 at 1.16.38 PM]Reuters/Arnd Wiegmann CHECK OUT THE FULL STORY AT BLOOMBERG. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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Greece can come to agreement with IMF before Eurogroup

EU-US: Negotiations on TTIP will continue into... A comprehensive agreement on Greece by May 24 (Eurogroup meeting) that will satisfy both the EU’s member states and the International Monetary Fund (IMF) is difficult but not unattainable, a senior ...


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Greek PM Tsipras Welcomes TAP Construction as Start of New Era for Greece

Radical Left Coalition (SYRIZA) Prime Minister Alexis Tsipras said Greece is entering a new era, leaving a period of instability and uncertainty behind, during his speech at the inauguration of the construction of the TransAdriatic Pipeline (TAP) in ...


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Time to send Olympics home to GREECE

Code hopping may take Jarryd Hayne from the Parramatta Eels to the San Francisco 49ers and the Brazil Games, but it is not what the Olympic ...


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TAP 'to Supply Gas to Central, SE Europe' via Bulgaria-GREECE Link

State officials from Azerbaijan, Georgia, Bulgaria and GREECE and the EU Commissioner for Energy Union Maros Sefcovic were part of the ceremony.


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UN to GREECE: Stop 'unacceptable' detentions of child refugees and migrants

A migrant girl shows a banner during a protest demanding the opening of the border between GREECE and Macedonia in the northern Greek border ...


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IMF Proposal on Greece Sets Up Battle With Germany

The International Monetary Fund is demanding that Europe free Greece from all payments on its bailout loans until 2040, in the opening bid of a struggle that pits IMF math against German muscle.


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Greece Drops Incentives to Bring Back Secret Deposits

ATHENS – Bowing to its international lenders, Greece’s government has dropped a plan to give incentives to people putting their money in secret foreign bank accounts to avoid taxes. The country’s creditors want the tax cheats to pay all that they owe but the government said they would be mostly out of reach unless offered


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IMF: Greece should skip paying interest until 2040

The Fund wants Greece’s interest rate to be fixed at 1.5% for the next 30-40 years The proposal on Greek debt relief submitted by the International Monetary Fund (IMF) includes more brave actions than those proposed by ESM, as the Wall Street Journal writes.


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These 3 charts show how America's spending habits have changed over the last 50 years

Americans don't spend money like they used to. In a recent note to clients, a Bank of America Merrill Lynch team led by Beijia Ma shared a chart showing US consumption broken down by age in 1960, 1981, and 2007. The most notable thing is the huge spike in spending on both public and private healthcare, especially for older Americans. "With the expansion of public programs and increasing healthcare costs, the consumption of the elderly population has risen dramatically in places like the US. Medicare and Medicaid programs created in the 1960s were meant to serve as publicly funded healthcare for the elderly and poor. Between 1960 and 2007, the ratio of consumption of a US 80-year-old to that of a 20-year-old doubled. This is likely to continue to increase without reform," the BAML team wrote. Another notable thing is the increase in public and private education — especially for people in their late teens through their twenties. Of course, anyone who has had to pay college tuition in recent years may not find this to be particularly striking. [Screen Shot 2016 05 17 at 11.01.14 AM] Notably, spending on healthcare since 2007 has increased as well. Last week, Societe Generale’s Aneta Markowska shared a chart detailing just how Americans' spending has changed since June 2014 (when oil was over $100 a barrel), as well as how spending changed since 2007. According to her data, the share of income allocated to clothing/footwear and furnishings/household equipment over the last two years declined, while the share of income spent on healthcare and restaurants has increased. "Evaluating the changes since 2007 reveals similar results. The post-crisis consumer is more health-conscious and experience-seeking, favouring services over goods," she wrote. SEE ALSO: WE'RE ABOUT TO SEE A MIND-BLOWING DEMOGRAPHIC SHIFT UNPRECEDENTED IN HUMAN HISTORY Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


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Recipe of the Week: Greek chicken burgers with tzatziki sauce

If you haven’t already broken out the grill for burgers, I’d say it’s about time. (When it stops raining, that is.) Ground beef might still rule the piping hot grill grates, but other types of meat (or legumes or grains) can make mighty fine burgers ...


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Planetarium Shows Ancient Greek Poem Was Probably Written In Early Spring

Poetry has the ability to transport us to other places and times without our bodies ever leaving the room. But where exactly does it take us? In the case of one poem, written over 2,500 years ago by the Greek poet Sappho, scientists think they can pinpoint ...


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Greek and Turkish Cypriots Work Together in Joint Church Restoration Project

Christian Greek Cypriots and Muslim Turkish Cypriots are about to complete a joint restoration project which aims at restoring and preserving a historic Christian monastery which is respected by both Christians and Muslims. The Apostolos Andreas monastery ...


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Cops hunting for missing Ben Needham rule out blond GREEK man after negative DNA test

A blond GREEK man who it was claimed could be missing Ben Needham has returned a negative DNA test. A snap of the man, who lives on Kos, was ...


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Chef Shuttle delivering Baklava during GREEK Food Festival

LITTLE ROCK, Ark. (GFF) – The 32nd International GREEK Food Festival is once again teaming up with Chef Shuttle, and this time it's offering delivery ...


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GREEK lender Eurobank posts first quarterly profit since 2011

ATHENS, May 17 (Reuters) - GREEK lender Eurobank reported its first quarterly profit since 2011 in the first three months of the year, helped by lower ...


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PM Tsipras inaugurates TAP gas pipeline, a $45-billion Project

Greek Prime Minister Alexis Tsipras inaugurated the start of construction for the Trans Adriatic Pipeline (TAP) in Thessaloniki, Northern Greece on Tuesday. Praising the project, Tsipras said that the construction of the TAP is being carried out in the important moment for economy of Greece and the region” and that […]


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Pay-TV tax shocks Greece

The Greek telco market has been dealt …


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Hicks Weekly Dish: Mythos Greek Taverna not good enough

… , dolmades, keftedes, calamari, Greek salad, lamb, mousaka, souvlaki, Greek-roasted potatoes … For starters … order of saganaki (pan-fried Greek cheese) and a Greek salad, with a … say about the Mythos Greek salad. A good Greek salad should ring …


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Liberating Truth By Greek Electronic Composer Sakis Gouzonis

Greek composer Sakis Gouzonis has just … to be the biggest export Greece has ever had, Gouzonis really … music awards and distinctions in Greece and abroad. Today, his international …


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Poland overtakes Greece in terms of per capita income

… of Poland are ahead of Greek life standards, Rzeczpospolita  writes, citing …


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