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Korres Project 4: The Greek Supercar With A Corvette Heart
Have you ever wondered why Greece isn't represented in the world of supercar manufacturers? Me neither. But to answer a question that technically does not have an answer, a company called Korres has announced the Project 4 and here it is, announced on a Greek website. Read more...
The Greek Government Tried and Failed to Close Their PBS
Protesters gathering outside the ERT building in Athens.
On Tuesday, it was announced that the ERT—Greece's public television network—would be shut down by Antonis Samaras' New Democracy government after 87 years of operation. Its closure was the latest in a line of austerity measures agreed to when the country was bailed out in 2010. Show More Summary
World View: Hezbollah Promises to Keep Fighting for Assad in Syria
This morning's key headlines from GenerationalDynamics.com Hezbollah promises to keep fighting for Assad in Syria U.S. plan to send small arms to Syria receives mixed reviews European outrage after Greece shuts down public broadcasting...Show More Summary
Europe's Record Youth Unemployment: The Scariest Graph in the World Just Got Scarier
Europe's job market is a historic disaster. The EU unemployment rate set a new all-time high of 12.2 percent. But it's the youth unemployment crisis that's truly terrifying. In Spain, unemployment surged past 56 percent, and Greece now leads the...
IMF Says Automatic Austerity Is Wrecking U.S. Economic Growth
One week after conceding that it underestimated the negative impact of austerity measures in Greece, the International Monetary Fund (IMF) is condemning American lawmakers’ rapid turn to spending cuts. The fund’s analysts say that “an excessively rapid pace of fiscal deficit reduction” will cost the country between 1.25 and 1.75 percent points of GDP growth [...]
Greece Struggles to Claim Broadcaster Domain Name
The Greek government may have been very quick in announcing that the closure of the country’s public broadcaster, ERT and seizing control of the channels broadcasting assets. But its reflexes were much slower in claiming a domain name for its new website.
J.C. McKeown: NSFW PHOTOS: 8 Sexual Curiosities From Ancient Greece
According to Aristophanes, human beings used to have four arms, four legs, and two sets of genitals, either two male sets, or two female, or...
Back in protest mode
GREECE was back in protest mode after Antonis Samaras (pictured), the centre-right prime minister, broke ranks with his coalition partners and high-handedly closed the state broadcaster on June 11th without first securing their agreement. Show More Summary
23 Amazing Labyrinths To Get Lost In
What is it about humans that make us love—and hate—being lost? Since the time of ancient Greece, we've been figuring out ways to entertain ourselves within extraordinarily confusing structures. Read more...
Greece bank avoids nationalisation
Greece's largest bank, National Bank of Greece, said it had raised enough capital to avoid nationalisation. ||| Athens - Greece's largest bank, National Bank of Greece, said Friday it had raised enough capital to avoid nationalisation. National...Show More Summary
Is Greece's austerity push killing press freedom?
Greek workers staged their third general strike of the year on Thursday, shutting down everything from tax offices to public transportation to protest the government's decision to close state broadcaster ERT. The country's main public...Show More Summary
European Broadcasters Call on Greece to Reopen Public Network
Despite being shut down on Tuesday, ERT continues to air its news service online. read more
EuRo MeA CuLPa PHaSe...
. A functioning police state needs no police.--William Burroughs For our friends in Greece. "Man if you don't get the picture, I'm gonna do some work on you..."
National Bank of Greece (ADR) (NBG): Recapitalization Plan Sows Confusion but May Offer Big Profits
Over the past couple of months, the quasi-private National Bank of Greece (ADR) (NYSE:NBG) has been engaged in a complex, high-stakes restructuring plan that could significantly affect the price of its U.S.-traded ADRs. In late April, the bank received final approval from its shareholders to execute a share offering worth nearly 10 billion euros or $13 [...]
The silenced musicians of Athens cry out to the world
We have received the followig appeal from the occupied headquarters of Greek Radio and TV: Athens, June 12, 2013 Dear friends and fellow musicians The moments we are living here in Greece, especially in the National Radio and Television, are critical. The Greek government, through a piece of authoritarian legislation, proceeded to abruptly terminate [...]
Greece: “No Signal”
“No Signal.” That was the last message to be broadcast on June 11 at 11:00 PM (local time) by the Greek public broadcasting network ERT. Broadcasting has ended. The radical – and unprecedented – measure was taken without forewarning just as the leaders of Greece’s “Troika” creditors (EU-ECB-IMF) are in Athens.
Greece, Egypt ETFs Hit Multi-Month Lows On MSCI News
By Benzinga: By: The ETF Professor Exchange traded funds tracking South Korea, Taiwan and the Middle East are not the only ones being affected by index provider MSCI's (MSCI) annual market reclassification, which was revealed Tuesday after the close of U.S. Show More Summary
Greece First-Ever Developed Market Cut to 'Emerging'
``Greece became the first developed nation to be cut to emerging-market status by MSCI Inc. (MSCI) after the local stock index plunged 83 percent since 2007. Greece failed to meet criteria regarding securities borrowing and lending facilities,...Show More Summary
Yanis Varoufakis: Occupying the Closure of Greek Public TV (Journalists at BBC, ABC, and CBC, Take Note)
For those of us who grew up in the Greece of the neo-fascist colonels, nothing can stir up painful memories like a modern act of totalitarianism. When the television screen froze last night, an hour before midnight, as if some sinister...Show More Summary
Julie Meyer, RD: Eat Well Australia: 24 Tasty Hours in Melbourne
Australia feels a little bit like our spunky southern cousin. Originally colonized by British prisoners, it is now a melting pot of cultures following waves of immigration from China, Italy, Greece, Central Europe, Vietnam, and the Middle East.