Tag Archive | "crisis"

3/21/2015: Front Page: Study finds inequalities in crisis policies

From 2008, before Greece signed a bailout deal with its creditors setting out a raft of cost-cutting measures, until 2012, the tax burden on lower-income Greek households skyrocketed by 337.7 percent compared to just 9 percent for high-income groups, a… Full News here – Kathimerini English

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EU warns against bills on debt settlement, humanitarian crisis

The European Commission’s chief representative on the technical team monitoring Greece, Declan Costello, has described draft laws aimed at tackling the humanitarian crisis and launching a 100-installment payment scheme for taxpayers to settle their debts to the state as unilateral actions taken in a fragmentary fashion, according to a text he has reportedly sent to […]

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3/14/2015: Front Page: Rethinking the humanitarian crisis

At a time when words are acquiring a whole new level of significance, maybe we should explore the concept of “humanitarian crisis” more carefully. Almost two years after foremen at a strawberry farm in the area of Manolada in the Peloponnese opened… Full News here – Kathimerini English

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3/14/2015: Front Page: Rethinking the humanitarian crisis

At a time when words are acquiring a whole new level of significance, maybe we should explore the concept of “humanitarian crisis” more carefully. Almost two years after foremen at a strawberry farm in the area of Manolada in the Peloponnese opened… Full News here – Kathimerini English

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Greece debt crisis: Athens clears one hurdle . . . and faces more

Greece debt crisis: Athens clears one hurdle . . . and faces more Even if the extension is approved in Athens and Berlin, none of the €7.2bn in bailout aid remaining in the programme will be distributed until Greece completes the existing requirements, which could be months. That poses an urgent problem: analysts … Full […]

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2/11/2015: Front Page: Greek health sector takes turn for worse in crisis years

The Greek health sector has deteriorated significantly since the start of the country’s crisis, according to the results of a new international study. Greece was ranked in 28th place out of 37 countries on last year’s Euro Health Consumer Index, a… Full News here – Kathimerini English

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An impasse in Paris, a gamble in Athens: how Greece returned to crisis

An impasse in Paris, a gamble in Athens: how Greece returned to crisis Heated discussions between Athens and its lenders are not uncommon but Greek officials said the uncompromising stance of the inspectors was rooted in something neither side would openly admit: uncertainty over whether Samaras's government would … Full News here – Read more on […]

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Revenge of disaffected Europe risks new crisis sparked in Greece

They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west t… … Full News here – Latest News

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1/9/2015: Front Page: Snow puts Tinos in state of crisis

The Cycladic island of Tinos faces a third difficult day today after heavy snowfall disabled much of its infrastructure as well as isolating several villages, prompting the General Secretariat for Civil Protection to declare a state of emergency there… Full News here – Kathimerini English

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Copper trades near four-year low as Greece crisis fuels concern

Copper traded near the lowest in more than four years as concern that Greece will exit the euro area weighed on markets, bolstering speculation that consumption will slow. Asian stocks fell for a second day, extending a global selloff as crude oil traded … … Full News here – Latest News

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Greece’s political crisis sends bond yields soaring

Prime Minister Antonis Samaras’s failure to gather enough backing for his presidential candidate is creating havoc in Greece’s bond market. Ten-year bonds are down for a fourth month, the longest stretch since 2011. The yield on three-year notes climbed o… … Full News here – Latest News

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Uncertainty sees fuel demand revert to crisis level

Fuel retailers are reporting that rising demand has come to a sudden halt this month, despite the drop in prices. The development is indicative of the negative impact that the climate of uncertainty has had on the market. Expectations that demand might st… … Full News here – Latest News

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12/24/2014: Focus: Crisis stretches welfare groups in Athens, prompts effort to seek out those most in need

Before the crisis, at this time of year, the staff at the Hellenic Red Cross would be busy organizing a Christmas spread for Athens’s poor. On Christmas Eve and the day itself, people would start lining up from as early as 6 a.m. to get their holiday… Full News here – Kathimerini English

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12/22/2014: Front Page: Vote looms amid crisis

Greek MPs are to vote tomorrow in the second ballot of a three-phase presidential election amid a growing political crisis that has been sharpened by the bribery allegations of Independent Greeks (ANEL) MP Pavlos Haikalis and a slew of threats and… Full News here – Kathimerini English

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‘Crisis of confidence will come back again and again,’ says Thomas Piketty

He’s treated like a rock star wherever he goes to lecture. His book “Capital in the 21st Century,” a study on income and wealth inequality from the 18th century to the present, recently translated into Greek (Polis editions), has been compared to Karl Mar… … Full News here – Latest News

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