Friday, February 15, 2013

Technology whizz kid tackles Greek tax evasion


By Harry Papachristou
ATHENS | Fri Feb 15, 2013 4:18am EST
(Reuters) - Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "I.T. monkey".

Thursday, February 14, 2013

Coca Cola Hellenic Reports Fourth-Quarter Loss

February 14, 2013, 2:42 a.m. ET
The Wall Street Journal
ATHENS--Greece's Coca-Cola Hellenic Bottling Co.(CCH) Thursday reported a net loss of 45.8 million euros ($61.6 million) in the fourth quarter, as restructuring costs and weak sales in many of its markets weighed on earnings, and it warned that economic conditions in 2013 remain challenging.

UPDATE 1-Greek Q4 GDP shrinks 6.0 pct y/y, unemployment hits record


Thu Feb 14, 2013 6:19am EST
* Q4 2012 GDP shrinks 6.0 pct - flash estimates
    * Unemployment hits 27 pct, youth jobless rate at 61.7 pct

    ATHENS, Feb 14 (Reuters) - Greece's economy shrank 6.0 percent in the last quarter of 2012 from the same period a year earlier and the jobless rate hit a record high of 27 percent, data from Eurostat and Greek statistics service ELSTAT showed on Thursday.

Tuesday, February 12, 2013

UPDATE 1-No debt restructuring for Cyprus, EU's Rehn says


Tue Feb 12, 2013 8:47am EST
* Cyprus awaiting a bailout equal to its entire economy

* Wary of fallout, Commission rule out losses for depositors

By Jan Strupczewski and Leigh Thomas

BRUSSELS, Feb 12 (Reuters) - The European Commission is not working on a debt restructuring for Cyprus that would force heavy losses on investors, the EU's top economic official said on Tuesday, backing the island's finance minister who is firmly opposed to such a move.

Wrestling Dropped From Olympics


LAUSANNE, Switzerland—Leaders of the International Olympic Committee dropped wrestling from the Olympic program on Tuesday, a surprise decision that removes one of the oldest Olympic sports from the 2020 Games.
Associated Press
The IOC executive board decided to retain modern pentathlon—the event considered most at risk—and remove wrestling instead from its list of 25 "core sports."

Landsat 8 to the rescue


NASA prepares to launch satellite that will continue historic record of global change.
NATURE
Jeff Tollefson
06 February 2013

When Landsat 5 fell silent on 6 January, scientists across the globe mourned its passing but gave thanks for its fortitude. The satellite had lasted a record-breaking 28 years, snapping images of the changing planet from melting glaciers to burning rainforests, while its successors faltered. Landsat 6 failed during launch and Landsat 7, at 13 years old, is partially blind and has limited fuel. With the passing of Landsat 5, the future of the world’s longest-running — and perhaps most influential — set of data on global change rests with Landsat 8, which is scheduled to launch next week from Vandenberg Air Force Base in California.

The Last Time a Pope Resigned, Dante Put Him in Hell


By Peter Coy on February 11, 2013
Business Week
It’s difficult to overstate the importance of Pope Benedict XVI’s decision to resign the papacy for health reasons. The last time a pope resigned voluntarily was 1294. The great poet Dante Alighieri was so angry about it that he put the abdicating pope, Celestine V, into the antechamber of his Inferno. In the more than seven centuries since, no pope has taken the name Celestine.

EU Crisis Seen in Worst Quarter Since Lehman


By Mark Deen on February 11, 2013
Business Week
Euro-area economic data due this week will probably show the damage inflicted by the region’s sovereign debt crisis with the worst quarterly decline in output for almost four years.

A REAL paradigm shift in education


The Washington Post
Posted by Valerie Strauss on February 11, 2013 at 6:00 am
American public education has been in trouble for a lot longer than many people believe, according to the author of the following post.

Saturday, February 9, 2013

Jim Armitage: A glimmer of hope for Greece but it's still going to be a long haul


There have been real reforms made to reduce labour costs, pensions and so forth
JIM ARMITAGE    FRIDAY 08 FEBRUARY 2013
The Independent

Global Outlook To visit Athens these days is to witness the flesh-and-blood, bricks-and-mortar embodiment of an economy gone badly wrong.

Friday, February 8, 2013

Is There Hope for a Recovery of the Greek Economy?


Posted: 02/08/2013 4:10 pm
Evangelos A. CalamitsisEconomist and former director at the IMF
The Huffington Post
After five years of a deepening economic recession and growing unemployment in Greece, one may wonder whether there is now hope ("elpida") for an end to the Greek fiscal and debt crisis, the restoration of the country's competitiveness, and a sustainable recovery of growth and jobs.

European Union Leaders Agree to Slimmer Budget


The New York Times
By JAMES KANTER and ANDREW HIGGINS
Published: February 8, 2013
BRUSSELS — As European Union leaders began their 14th hour of budget negotiations after a sleepless night, Valdis Dombrovskis, the prime minister of Latvia, took the floor early Friday to address what, for his Baltic nation of around just two million people, is a vital question: Why should a Latvian cow deserve less money than a French, Dutch and even Romanian one?

UPDATE 2-Greece sees smaller deficit this year, fiscal gap looms later

Fri Feb 8, 2013 9:35am EST
By Harry Papachristou

Feb 8 (Reuters) - Greece will cut its budget deficit this year by more than expected after securing debt relief, but will need to bridge a 2.5 billion euro gap to meet its long-term fiscal targets, new budget projections showed.

Thursday, February 7, 2013

Global shares, euro pause ahead of ECB decision


By Richard Hubbard
London | Thu Feb 7, 2013 3:39am EST
(Reuters) - The euro, German bonds and shares steadied on Thursday, as investors awaited the European Central Bank's policy meeting later in the day and President Mario Draghi's views on the region's growth prospects.

Tuesday, February 5, 2013

Euro, shares recover as European worries recede


By Richard Hubbard
LONDON | Tue Feb 5, 2013 5:37am EST
(Reuters) - European shares and the euro steadied on Tuesday, a day after a sharp selloff caused by rising political risks in southern Europe, as new data confirmed the region's economy is showing clear signs of recovery.

Monday, February 4, 2013

European political worries halt risk asset rally


By Richard Hubbard
London | Mon Feb 4, 2013 11:23am GMT
(Reuters) - Stronger U.S. and Chinese economic data supported world equity markets on Monday, while the euro dipped and Spanish bond yields rose as growing political uncertainty in southern Europe worried investors.

EURO GOVT-Political risks hurt Spanish and Italian bonds


Mon Feb 4, 2013 4:11am EST
* Spanish and Italian yields rise as political risks grow

* 2013 rally in peripheral bonds reaching stretched levels

* Bunds rebound but remain lower after late Friday selloff

By William James

Saturday, February 2, 2013

Σωστά καταργούν το φαύλο καθεστώς σε ΑΕΙ και ΤΕΙ – Ο Σύριζα γιατί αντιδρά;


Το άρθρο δημοσιεύθηκε στον ιστότοπο www.aixmi.gr
Του Γ. Λοβέρδου
Το σχέδιο «Αθηνά», με το οποίο ο Κ. Αρβανιτόπουλος κι η ηγεσία του υπουργείου Παιδείας επιχειρούν να βάλουν τάξη στον κυκεώνα, που είχε προκληθεί στον χώρο της Ανώτατης Παιδείας με την πληθώρα Πανεπιστημίων και ΤΕΙ, είναι αναμφίβολα προς τη σωστή κατεύθυνση.

ΕΠΙΦΥΛΑΚΤΙΚΟΙ ΠΡΥΤΑΝΕΙΣ ΚΑΙ ΚΟΜΜΑΤΑ ΓΙΑ ΤΟ ΣΧΕΔΙΟ ''ΑΘΗΝΑ''


(Σημ. περιέχει όλες τις μέχρι στιγμής ανακοινώσεις των κομμάτων για το σχέδιο) 
Τη Δευτέρα η Σύνοδος Πρυτάνεων

Ούτε αρνητικά ούτε θετικά ήταν η πρώτη αντίδραση της ακαδημαϊκής κοινότητας για το σχέδιο «Αθηνά», καθώς επίκειται η σύγκληση έκτακτης Συνόδου των Πρυτάνεων για να συζητηθεί το θέμα. Τη Δευτέρα το μεσημέρι θα συνεδριάσει η διευρυμένη συντονιστική επιτροπή της Συνόδου, στην οποία μπορούν να συμμετάσχουν όποιοι πρυτάνεις θέλουν προκειμένου να εκφράσουν την άποψή τους.

Το σχέδιο «Αθηνά» αλλάζει το τοπίο στα ΑΕΙ


Καταργούνται 94 τμήματα, 3 πανεπιστήμια, 4 ΤΕΙ, οι εισακτέοι μειώνονται κατά 4%, ενώ 11 πόλεις χάνουν τμήματα και φοιτητές
Του Αποστολου Λακασα
Εφημερίδα Καθημερινή
 1-2-2013
Νέο τοπίο διαμορφώνεται στην τριτοβάθμια εκπαίδευση, καθώς θα διαγραφούν από τον χάρτη τρία πανεπιστήμια (από τα 24 σε 21) και τέσσερα ΤΕΙ (από τα 16 σε 12) και 94 τμήματα πανεπιστημίων και ΤΕΙ (από τα 480 που λειτουργούν σήμερα θα μείνουν 386).