Sunday, Feb. 05, 2012 |
Latest:
- Greek president's home pelted with stones: police
- Panathinaikos stumbles over Levadiakos
- Greece edges closer to deal, political hurdles remain
- Farmers give away 12 tons of potatoes in center city Thessaloniki
- Europe continues to suffer under severe winter weather
- Russia, China veto UN resolution on Syria
- Russians hold dueling political rallies
- Greece says bank recapitalisation agreed, issues remain
Reuters UK: Saturday, February 4, 2012
Greece edged towards a deal on Saturday to avert a chaotic default, hammering out a plan for recapitalising its tottering banks, but other issues remain - and it must still persuade its political leaders to back painful reforms involved in the rescue.
A cheap moratorium on stigma in eurozone debt
The EU is in a pressure cooker with interest rates that suffer from stigma, i.e. irrational fears of default that become rational and self-fulfilling because the higher rates of interest imply a reward.
Travel News
Greece
War reparations issue 'unresolved' (eKathimerini: Feb. 4)
Anonymous Deface Greece's Justice Ministry in IMF Protest (International Business Times: Feb. 3)
'Soft drug' legalization law may be withdrawn (eKathimerini: Feb. 3) 
1 comment
1 comment Healthcare workers in Greece anti-austerity protests (Press TV: Feb. 2)
Politics
Greece edges closer to deal, political hurdles remain (Reuters UK: Feb. 4)
Pressure mounts on Greece as marathon talks resume (AFP: Feb. 4)
Greece struggles on for deal on unpopular reforms (Reuters: Feb. 4)
Troika turns up the pressure on party leaders (eKathimerini: Feb. 4)
A tale of two technocrats: paths diverge for Greece and Italy (Reuters India: Feb. 3)
Greece struggles on reform, lenders may face rising bill (Reuters: Feb. 3)
World News
Cover-up over neo-Nazi murders in Germany (Today's Zaman: Feb. 3)
UN court rules against Italy over WWII compensation (BBC: Feb. 3)
Cyprus parliament rebukes Downer (Sydney Morning Herald: Feb. 2) 1 comment
1 comment Mexico's 'super labs' send meth pouring into US (MSNBC: Feb. 3)
Cairo clashes over football anger (BBC: Feb. 3)
Philippine military 'kills three wanted militants' (MSNBC: Feb. 2)
238 rescued after ferry sinks off Papua New Guinea (CNN: Feb. 2)
Business & Economy
Greece says bank recapitalisation agreed, issues remain (Reuters: Feb. 4)
Greek debt deal of 200 bn euros 'within reach': EU Commission (Economic Times: Feb. 3)
Crisis-hit Greeks 'have moved 16 bn euros abroad' (AFP: Feb. 3)
IMF bigwig tells Greece to cut minimum wage (Morning Star: Feb. 1) 2 comments
2 comments IMF asks Greece to cut wages, sees debt deal soon (CBS News: Feb. 1)
Sports
Greek Gekas frustrates Fener, Beşiktaş kicks bucket (Today's Zaman: Feb. 3)
Home of Olympiakos's Mirallas targeted by attackers (eKathimerini: Feb. 2)
Lower league players begin strike (eKathimerini: Feb. 1)
Cats close on Kyrgiakos (Sky Sports: Jan. 31)
Panathinaikos beats Drama 1-0 in Greek league (Stamford Advocate: Jan. 29)
Euroleague triumphs over Turkish opposition (eKathimerini: Feb. 4)
Greek women lose to Italy in Euro final (eKathimerini: Jan. 29)
Sloukas buzzer beater not enough for Reds (eKathimerini: Jan. 27)
On this Day
February 5
- 1918: The Greek government appropriated lignite mines compensating the proprietors
- 1931: Greek and Bulgarian troops clashed at the border. One Greek soldier was killed.
- 1942: The EAM Youth Movement was founded during the Axis occupation of Greece.
- 1971: The Mount Parnes Casino was opened for business.
- 1983: The figures of the 1981 Census were announced: the population of Greece stood at 9,740,411.
- Births: George Dilboy, Greek-American World War I hero (1896), Maria Tzobanaki, actress (1956), Loukas Vyntra, Panathinaikos footballer (1981)
Heroin trade and illegal immigration in Southeastern Europe
The issues of heroin trade and illegal immigration in Southeastern Europe alarm local and international authorities.
Editor Picks
A tale of two technocrats: paths diverge for Greece and Italy (Reuters India: Feb. 3)
Europe can’t force Greece into never-default land (Reuters Blogs: Feb. 2)
Germany, Greece, and the conspiracy of the technocrats (Reuters Blogs: Jan. 31)
Germany has every right to impose a gauleiter on Greece (The Telegraph (blog): Jan. 31)
Germany's desperate plans spark fears over 'economic occupation' in Europe (Huffington Post UK: Jan. 31)
Most Popular Stories
Greek Gekas frustrates Fener, Beşiktaş kicks bucket (Today's Zaman: Feb. 3) 2 comments
2 comments War reparations issue 'unresolved' (eKathimerini: Feb. 4)
Pressure mounts on Greece as marathon talks resume (AFP: Feb. 4)
Greece edges closer to deal, political hurdles remain (Reuters UK: Feb. 4)
Greece struggles on for deal on unpopular reforms (Reuters: Feb. 4)
Troika turns up the pressure on party leaders (eKathimerini: Feb. 4)
Cats close on Kyrgiakos (Sky Sports: Jan. 31) 1 comment
1 comment Greek Gekas frustrates Fener, Beşiktaş kicks bucket (Today's Zaman: Feb. 3) 2 comments
2 comments Why it's too late to save Greece's sovereignty (CNN (blog): Jan. 31)
Head of Greek Church says austerity is 'deadly medicine' (eKathimerini: Feb. 2) 2 comments
2 comments A tale of two technocrats: paths diverge for Greece and Italy (Reuters India: Feb. 3)
Home of Olympiakos's Mirallas targeted by attackers (eKathimerini: Feb. 2)
Cyprus parliament rebukes Downer (Sydney Morning Herald: Feb. 2) 1 comment
1 comment Panathinaikos beats Drama 1-0 in Greek league (Stamford Advocate: Jan. 29)
EU-IMF debt inspectors in Athens delay talks on reforming Greece's labour market (CanadianBusiness.com: Jan. 31)
Greek Gekas frustrates Fener, Beşiktaş kicks bucket (Today's Zaman: Feb. 3) 2 comments
2 comments Thousands of court cases outstanding, minister reveals (eKathimerini: Feb. 2) 2 comments
2 comments Head of Greek Church says austerity is 'deadly medicine' (eKathimerini: Feb. 2) 2 comments
2 comments IMF bigwig tells Greece to cut minimum wage (Morning Star: Feb. 1) 2 comments
2 comments Greece 'will not cede budget control to EU' (AFP: Jan. 28) 2 comments
2 comments 'Soft drug' legalization law may be withdrawn (eKathimerini: Feb. 3) 1 comment
1 comment Cyprus parliament rebukes Downer (Sydney Morning Herald: Feb. 2) 1 comment
1 comment Greek state racing firm CEO arrested in debt case (The Seattle Times: Feb. 2) 1 comment
1 comment Cats close on Kyrgiakos (Sky Sports: Jan. 31) 1 comment
1 comment Costa Concordia company offers passengers compensation (BBC: Jan. 27) 1 comment
1 comment 