Tag Archive | "Greek"

9/18/2014: Front Page: Greek society’s and lenders’ fatigue

The issue of early elections continues to dog the coalition government despite all the official denials. That the administration is losing its cool is obvious. The political discourse has now entered the sphere of incoherence. If you add the erratic… Full News here – Kathimerini English

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Pimco bought $727 mln of Greek debt in Q2

Bill Gross, the co-founder of Pacific Investment Management Co (Pimco), sold most of the $ 48 billion of US Treasuries held by his $ 221.6 billion Pimco Total Return Fund in the second quarter, replacing them with about $ 45 billion of futures, according to … … Full News here – Latest News

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9/13/2014: Focus: S&P upgrades Greek credit rating as fiscal conditions start looking up

yesterday raised Greece’s credit rating one notch, from B- to B, acknowledging the fiscal endeavors made by the country. It maintained Greece’s outlook as stable. ‘We expect recovering real and nominal GDP will enable Greece to operate average primary… Full News here – Kathimerini English

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Greek coalition concerned troika inspection may drag on

The International Monetary Fund’s denial of reports that it will host a discussion on Greek debt relief in November and Eurogroup chief Jeroen Dijsselbloem’s insistence that no talks on the next phase for the Greek economy can be held until the troika rev… … Full News here – Latest News

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S&P upgrades Greek credit rating as fiscal conditions improve

Standard & Poor’s raised Greece’s credit rating one notch on Friday, from B- to B, acknowledging the fiscal endeavors made by the country. It maintained Greece’s outlook as stable. “We expect recovering real and nominal GDP will enable Greece to operate a… … Full News here – Latest News

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Greek stocks post weekly losses of 3 percent

Hopes of the Greek benchmark extending its four-week rising streak were crushed on Friday as the session’s stock decline sealed a week of losses that came to 2.99 percent for the main index, while daily turnover averaged 21 percent below last week’s. The … … Full News here – Latest News

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9/12/2014: Front Page: Greek national vindicated

The European Court of Justice has reversed a ruling by an Italian court against the appointment of Greek national Iraklis Haralambidis as president of the port authority in Brindisi. Haralambidis had been chosen to head the organization in 2011 but his… Full News here – Kathimerini English

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9/9/2014: Front Page: A Greek God

Given that this is the Balkans, every “lite” fundamentalist or superstitious compatriot has a better understanding than sports journalists of why Greece was beaten by Serbia on the basketball court and by Romania on the soccer pitch on Sunday. It was… Full News here – Kathimerini English

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Union advises Greek primary school teachers to skip evaluations

The union representing primary school teachers has asked its members not to cooperate with the government in its bid to evaluate their performances due to fears that this will lead to job losses. Ahead of the start of the new academic year this week, the … … Full News here – Latest News

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9/6/2014: Front Page: Greek terms for solution billed as ‘unacceptable’

Greece’s terms for a solution to an ongoing name dispute with the neighboring Former Yugoslav Republic of Macedonia (FYROM) “have been shaped in such a way to be unacceptable to us,” the Balkan country’s prime minister, Nikola Gruevski, told the… Full News here – Kathimerini English

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Greek property tax notices to be uploaded by Sept 15

The Greek Finance Ministry aims to have the new pay notices of the single troperty tax (ENFIA) ready a week from now, so that the corrected forms can be uploaded on the ministry’s portal (www.gsis.gr) by September 15. An amendment correcting the determina… … Full News here – Latest News

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Greek accused of supporting Colombian rebels sentenced in US

A man accused of attempting to provide Colombian rebels with rocket-propelled grenade launchers was sentenced to 10 years in prison by a federal judge in New York City, prosecutors said on Wednesday. Ioannis Viglakis, a 54-year-old Greek national, was arr… … Full News here – Latest News

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Greek academics say anti-racism bill risks interference with freedom of expression

More than one hundred Greek historians and academics have expressed reservations over aspects of draft legislation designed to outlaw Holocaust denial and expand prosecution powers against the incitement of racial violence. A statement signed by 139 exper… … Full News here – Latest News

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Greek hoopsters go top of their group in World Cup

Greece has qualified to the second round of the FIBA World Cup after going top of its group of six through a third win in as many group games in Spain. On Monday it beat Puerto Rico 90-79 in Seville and is now eyeing a top-two finish in its pool. In its f… … Full […]

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Greek economy shrinks at slowest pace since late 2008

Greece’s economy shrank a revised 0.3 percent in the second quarter from a year earlier, contracting at its slowest pace since late 2008, data showed on Monday. The gross domestic product reading, based on seasonally-unadjusted data, was revised down from… … Full News here – Latest News

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