8/13 ekathimerini.com : Latest News

ekathimerini.com : Latest News Gov't deems Volos/Kavala verdict unacceptable August 13, 2011 at 1:03 AM The government branded on August 12 as Çexceptionally unacceptableÈ the decision by sports judges not to relegate Olympiakos Volou and Kavala for match-fixing and promised to present its own response very soon. Following a relatively strong rejection of t... ... Bishop Amvrosios of Kalavryta labels government a 'junta' August 13, 2011 at 1:03 AM Bishop Amvrosios of Kalavryta in the Peloponnese launched an outspoken attack on the government on Thursday, labeling it a Òjunta,Ó while declaring his admiration for Nikos Dertilis, the last member of GreeceÕs military dictatorship who is still in prison... ... Crisis sees fall in divorces rather than rise August 13, 2011 at 1:03 AM Despite research and surveys indicating there was likely to be an increase in the number of divorces in Greece to as a result of the economic crisis, figures obtained by Kathimerini actually shows that they have fallen over the last few years, with some e... ... Digging a grave for Greece August 12, 2011 at 10:39 PM With renewed pressure for Greece to be ousted from the eurozone, we would expect the government to increase it efforts to convince the skeptics that it is moving full speed ahead with the vast reform drive that it has agreed to and which will help pull th... ... Eurobonds and reforms tackled after break August 12, 2011 at 10:39 PM Following a brief break, the government will return to work on Tuesday with one eye on a potentially crucial meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel and the other on a set of reforms that need to be concluded a... ... Annual recession target more distant than ever August 12, 2011 at 10:39 PM GreeceÕs economy remained deep in recession in the second quarter of the year, as preliminary estimates by the Hellenic Statistical Authority (ELSTAT) showed on Friday that the economy shrank by 6.9 percent compared with the same quarter last year. The re... ... Investing in solar panels on roof tops August 12, 2011 at 10:39 PM The Regional Development MinistryÕs Photovoltaic System Development Program provides for any individuals installing a system of up to 10 kilowatts on their roof to be able to sell the energy produced to the Public Power Corporation at a price of 0.55 euro... ... Good weather for long weekend August 12, 2011 at 10:39 PM Fine weather is due to accompany travelers over this long weekend. Forecasters expect to temperatures to fluctuate between 26 and 31 Celsius (79-88F). Most ferries departing Athens on Thursday, Friday and Saturday reported being fully booked. So far in Au... ... Deutsche Telekom skeptical about OTE investment August 12, 2011 at 10:39 PM Recent skepticism expressed by executives at Deutsche Telekom regarding the value of their investment in GreeceÕs OTE telecom is cause for concern. ÒThe Germans are clearly worried about their investment in OTE,Ó one telecoms executive told Kathimerini. T... ... Greeks cut down even on food, power August 12, 2011 at 10:39 PM The financial crisis is forcing households to cut down on all their expenses, including even the most basic ones such as food and electricity, according to the latest available data, with a consumer confidence survey by the Institute for Economic and Indu... ... Struggling Alter TV granted debt protection August 12, 2011 at 10:39 PM Debt-burdened Alter TV has earned a month-long reprieve from its creditors after a first instance court decided on Thursday to give the station a chance to come to an arrangement with the firms and employees it owes money to. The court accepted AlterÕs re... ... Short-selling news benefits ATHEX August 12, 2011 at 8:15 PM The ban on the short selling of financial stocks on the French, Belgian, Italian and Spanish stock exchanges boosted the Greek market too on Friday, vindicating the Greek Capital Market Commission's decision last Tuesday to the same effect for all stocks.... ... On reforms, riots and corruption August 12, 2011 at 8:15 PM Public servants should consider their role in the community and should undertake to implement public policy rather than listen to the rantings of their union leaders. The unions have politicized the public sector to the point where it no longer serves the... ... On toxic waste dumps, Apoyevmatini, free speech, reforms and unemployment August 12, 2011 at 8:15 PM Thank you for your reporting and attention to this issue (ÒToxic waste dumping raises inspectors' concernsÓ). This is just another astonishing example of the egregious collusion between the Greek government and industry at the expense of Greek citizens' h... ... Greek recession slows in Q2 but austerity hurting August 12, 2011 at 5:47 PM Greece's severe recession slowed in the second quarter, data showed on Friday, but economists said recessionary pressures would worsen in the second half as new austerity measures bite, jeopardising Athens' ability to meet EU/IMF fiscal targets. Greek gro... ... Greece to issue 1 bln euros of 3-month T-bills on Aug 16 August 12, 2011 at 5:47 PM Greece will auction 1 billion euros ($1.41 billion) of 13-week T-bills on August 16, continuing its plan of monthly short-term debt sales, the country's debt agency (PDMA) said on Friday. The settlement date will be August 19. Only primary dealers will be... ... Greek foreign minister visits Imvros, meets Patriarch August 12, 2011 at 5:47 PM Foreign Minister Stavros Lambrinidis on Friday vowed that Greece will support the ethnic Greek community of Imvros and backed Turkey's European Union ambitions saying full membership Òwould be good for Greece, Turkey and the broader region.Ó Lambrinidis h... ... Dutch dam against Greek bailout deal? August 12, 2011 at 4:27 PM Criticism of the Dutch government for agreeing on a rescue package for Greece is expected to culminate next week as the parliament of the Netherlands is expected to challenge the deal hammered out in the Brussels eurozone summit last month, reports said o... ... Euro Goldfields Q2 loss narrows, Olympias on schedule August 12, 2011 at 3:37 PM Miner European Goldfields, which secured a long-awaited Greek permit last month, posted a narrower pretax loss for the second quarter and said it had made Çmajor progressÈ with its Olympias project, on track for first production next year. In the three mo... ... Ecumenical Patriarch on Imvros for anniversary celebrations August 12, 2011 at 3:00 PM Ecumenical Patriarch Vartholomaios, spiritual leader of the world's 250 million Orthodox Christians, is visiting Imvros, the island off the mouth of the Dardenelles where he was born, to attend events marking the completion of his 50 years in priesthood. ... ... Sarkozy, Merkel to discuss eurozone crisis on Tuesday August 12, 2011 at 2:13 PM French President Nicolas Sarkozy and German Chancellor Angela Merkel will discuss next Tuesday how to make the euro zone work more effectively amid persistent doubts in financial markets over Europe's ability to solve its sovereign debt crisis. Paris anno... ... Civil servants intent on blocking reforms August 12, 2011 at 2:13 AM With only 10 days left until a team from the International Monetary Fund, the European Central Bank and the European Commission arrives in Athens to check how Greece is progressing with its economic reforms ahead of receiving an 8-billion-euro loan tranch... ... Greece sticks by Cyprus over gas exploration plans August 12, 2011 at 1:55 AM Greece displayed its support for Cyprus on Thursday during a meeting of the two countriesÕ foreign ministers in Athens in the wake of Turkey warning Nicosia not to proceed with plans to explore for gas off the islandÕs southern coast. Greek Foreign Minist... ... Social security fraud targeted August 12, 2011 at 1:53 AM About 1,400 people could face legal action for continuing to collect the monthly pension payments of relatives who have died, it was revealed on Thursday. Officials at the IKA social security fund, GreeceÕs largest, had spent the last few months going thr... ... Social networking sites top complaints' list August 12, 2011 at 1:50 AM In its six-month report covering the first half of 2011, Greek Internet watchdog SafeLine notes a sharp spike in the number of complaints concerning social networking websites. Of the 1,807 complaints called into the hotline, 31 percent were about the pop... ... No cause for panic over banks August 12, 2011 at 1:46 AM Pressure on Europe and the euro is certainly beginning to mount to dangerous proportions and turning into a tangible threat for banks and their liquidity. The strain is already apparent in the way in which lending between banks is being tested. Recent exa... ... Dallara voices rollover optimism August 12, 2011 at 1:25 AM Discussions about the Greek bond swap plan and the debt buyback procedure are progressing and more details will emerge soon, Charles Dallara, managing director of the Institute of International Finance (IIF), said on Thursday, and he did not rule out the ... ... Greek unemployment rate hits all-time high August 12, 2011 at 1:22 AM Unemployment in Greece grew at a stunning rate of 1,200 people per day in May, climbing to 16.6 percent of the Greek work force that month, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The total number of jobless ... ... Vaccination doctor given prison sentence August 12, 2011 at 1:20 AM A 65-year-old doctor who worked for the IKA social security fund was sentenced to 18 months in prison and had her license to practice medicine revoked for a year by an Iraklio court on Thursday after being found guilty of soliciting and accepting a 30-eur... ... Man kills brother in drug-related fight August 12, 2011 at 1:18 AM A 38-year-old man, allegedly a drug addict, died in an Athens hospital on Thursday morning after being stabbed in the neck by his 28-year-old brother, also said to be a regular drug user. Police said that the two men lived in the same apartment in Argyrou... ... Athens office space market stuck in the doldrums August 12, 2011 at 1:15 AM As AthensÕs office space market continues to languish, experts warn that it is not even close to reaching rock bottom, given the general sense of uncertainty in the Greek economy. According to data published recently by Athens Economics, the Greek allianc... ... Illegal structures targeted for demolition in Thessaloniki August 12, 2011 at 1:14 AM Authorities in Thessaloniki on Thursday began knocking down extensions to restaurants and cafes that have been erected without permission from the municipality. All restaurateurs in the city were warned earlier this year that any illegal structures would ... ... Sales turnover down by a quarter August 12, 2011 at 1:10 AM Greek stores are reporting a 25 percent drop in turnover during the first 20 days of the summer sales, compared to the same period last year, while in the center of Athens the decrease is put at up to 40 percent, partly due to the two-and-a-half weeks of ... ... French bourse jitters, jobs data weigh on stocks August 12, 2011 at 1:05 AM The early afternoon losses posted by French stocks upset the Greek market on Thursday, as the local bourse is at present particularly vulnerable to pressure from abroad on any given pretext. News about the rise in Greek unemployment did not help either. T... ... Government offers cheap public land as incentive to new farmers August 12, 2011 at 1:04 AM The government plans to submit a bill to Parliament by the end of August that will offer incentives for young farmers to start up businesses in the countryside. Deputy Agricultural Development Minister Yiannis Drivelegas said on Thursday that up to 300,00... ... On people power, Greece's Muslims and solidarity with UK rioters August 11, 2011 at 9:29 PM I hope the Greek people will inform all politicians that their game is over. And that the people will be back in power again. This deficit and all that came along with it is a shame for any quality of democracy. Stop it now or this perversion will never b... ... Comparing government reactions August 11, 2011 at 8:52 PM It is neither easy nor politically correct to isolate the societal causes that contributed to the riots in England from the governmentÕs reaction to them. It is also irrational to compare those events with the causes behind the recent unrest in Greece and... ... UEFA confirms Olympiakos Volou ban August 11, 2011 at 8:41 PM UEFA stated on August 11 that it has expelled Olympiakos Volou from this season's Europa League on evidence the club was involved in match fixing in 2009 and 2010. "Olympiakos Volou FC has been excluded from this season's Europa League and given a further... ...