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Syndicated News from Greece

Choose any color you want

Date Added: Sat, 04 Feb 2012 18:49:43 GMT

Choose any color you want
Kathimerini
They are due to hold talks with Prime Minister Lucas Papademos on the measures that Greece will have to implement to receive further loans from the eurozone and the International Monetary Fund. But the leaders of PASOK, New Democracy and the Popular ...

and more »

Greece needs a Marshall Plan

Date Added: Thu, 02 Feb 2012 16:42:40 GMT

CTV.ca

Greece needs a Marshall Plan
Kathimerini
By Alexander Kritikos * Greece is currently crushed: Over the last three years, its economy seems to have been spiraling endlessly downward with gross domestic product declining nearly 15 percent, shops closing, and unemployment increasing.
Greece's fight to win its second international bailoutCapital.gr (press release)

all 1,823 news articles »

Low tax, high prices: Consumers pay for company tricks

Date Added: Fri, 03 Feb 2012 21:04:41 GMT

Low tax, high prices: Consumers pay for company tricks
Kathimerini
By Dimitra Manifava Every year a certain large multinational company active in the consumer goods sector and operating in Greece through a local subsidiary provides large sums for the marketing of its products. The marketing expenditure, however, ...

and more »

IIF mission comes to seal PSI deal

Date Added: Fri, 03 Feb 2012 21:19:27 GMT

IIF mission comes to seal PSI deal
Kathimerini
A deal on the involvement of the private sector (PSI) in the Greek debt swap is finally expected this weekend, as the bondholders' negotiators have arrived in Greece to seal the agreement and Athens has confirmed that the fundamental terms of a deal ...

and more »

Troika insists on changing private labor terms

Date Added: Sat, 04 Feb 2012 19:33:55 GMT

Troika insists on changing private labor terms
Kathimerini
Greece's official creditors will not give in on their demand for changes and wage cuts to the labor status in the private sector, Skai radio said on Saturday afternoon citing an unnamed government official, as talks about the new loan contract continue ...

and more »

War reparations issue 'unresolved'

Date Added: Fri, 03 Feb 2012 21:19:10 GMT

War reparations issue 'unresolved'
Kathimerini
The government on Friday insisted that the issue of German World War II reparations to Greece remained unresolved despite the International Court of Justice in The Hague rebuffing a Greek reparation claim for atrocities committed by Nazi troops in the ...
The Hague Court of Justice rebuffed the Greek claim for DistomoCapital.gr (press release)

all 2 news articles »

Greece: Pharmaceutical spending to fall to 2.88bln euros in 2012

Date Added: Fri, 03 Feb 2012 08:09:46 GMT

Greece: Pharmaceutical spending to fall to 2.88bln euros in 2012
Express.gr
AMNA / State pharmaceutical spending will be no less than 2.88 billion euros this year, despite a demand by the EC-ECB-IMF "troika" to cut spending to 2.1 billion euros (1.0 pct of GDP), Health Minister Andreas Loverdos said on Thursday, ...

and more »

Greece argues its case at EU summit

Date Added: Mon, 30 Jan 2012 22:37:45 GMT

Globe and Mail

Greece argues its case at EU summit
Kathimerini
Prime Minister Lucas Papademos was hoping to emerge from Monday's European Union leaders' summit in Brussels with support for Greece over a timeline for concluding debt restructuring talks and agreeing a new bailout with the eurozone and the ...
Should Greece retain its national sovereignty or capitulate to GermanyBalkans.com Business News
Greece Set For European Summit TalksCapital.gr (press release)

all 4,762 news articles »

IIF mission comes to seal PSI deal

Date Added: Fri, 03 Feb 2012 20:26:04 GMT

IIF mission comes to seal PSI deal
Kathimerini
A deal on the involvement of the private sector (PSI) in the Greek debt swap is finally expected this weekend, as the bondholders?negotiators have arrived in Greece to seal the agreement and Athens has confirmed that the fundamental terms of a deal ...

Still no confirmation on Greece deal

Date Added: Thu, 02 Feb 2012 13:12:31 GMT

Financial Times

Still no confirmation on Greece deal
Balkans.com Business News
Despite rumours yesterday evening to the contrary, we still have no confirmation of an agreement between Greece and the private sector negotiating committee. Nevertheless, we do not doubt that a deal is imminent, with the debt exchange parameters ...
IMF officials discussing involvement of ECB to bolster available resourcesCapital.gr (press release)

all 518 news articles »
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Results 1 - 10 of Headlines for Greece

Greece Headlines

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GREECE FINALLY SEES SUCCESS AGAINST TERROR GROUP

Date Added: Thursday, July 25th, 2002
Contributed by: RCN Administrator
Athens police July 24 arrested a second suspected leader of the anti-capitalist November 17 militant group, which has claimed responsibility for 22 assassinations -- including of British, American and Turkish diplomats -- over the course of nearly 30 years. A heightened crackdown by Greek police since late June has netted a total of 12 suspected members, including the group’s alleged founder and ideologue, Alexandros Giotopoulos.

With several top leaders and perhaps more than half of its core members in custody, November 17 will have a very hard time reconstituting itself, especially considering the organization’s tightly-knit, familial structure. Its operational capacity has been so severely compromised that even a near-term reprisal is unlikely.

Though Greece may still experience occasional violence from small-scale gangs of random anarchists, driving a stake through the heart of November 17 will improve the country’s reputation for security and reduce fears of a major terrorist attack at the 2004 Olympics in Athens. The recent police roundup -- which benefited from the support of British and U.S. law enforcement agencies -- also should bolster arguments in favor of international cooperation against localized terrorist organizations.

The break-up of one of Europe’s most notorious terrorist organizations has been swift and impressive, especially when contrasted with Greece’s previous failure to arrest a single member of November 17 since it emerged 27 years ago. Despite its past success in carrying out attacks and avoiding capture, the group is actually believed to be quite small.

The International Policy Institute for Counter-Terrorism estimates the core of the organization may be no larger than 20 people, and it now appears that it was also very tightly knit, tied together primarily through family connections.

These characteristics, which helped to make the group so elusive, also contributed to its rapid collapse. The break that Greek police were looking for finally came June 29, when a 40-year-old suspected November 17 member was seriously injured during a botched bombing. Evidence on the scene led authorities to several of the group’s safe houses and a weapons cache, and the suspect’s deposition resulted in the arrest of his two brothers and eight others.

From there, the numerous connections within the group among families and friends allowed authorities to track down and arrest other members. Authorities were even able to confiscate the organization’s infamous "signature" weapon, a .45-caliber Colt 1911 used in at least seven assassinations, including the most recent murder of British military attache Stephen Saunders in June 2000.

If authorities are correct in their assessments of the crackdown, November 17 is very unlikely to launch any retaliatory attacks. Greek police say they have confiscated almost all of its operational equipment and weaponry and that the 12 people in custody represent its core group of operatives. Currently, authorities have named only one wanted suspect still outstanding: a 44-year-old beekeeper believed to be one of the group’s main assassins.

The size and structure of the organization also will make reconstitution difficult. Unlike ethnically backed insurgents such as Palestinian militants, the remaining November 17 members do not have an easily accessible pool of potential members to reorganize, and the group’s radical anti-imperialist ideology will play to only a very narrow population. Finally, its isolated and highly secretive nature makes it unlikely to have broader international connections or support.
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