Commercial banks are being ordered to note the personal data and transaction history of clients who exchange 500-euro notes, along with cross-checking the details recorded with other transactions by those customers, according to a circular issued by the Bank of Greece. The aim of the measure – on top of a commission charged by banks on the exchange of 500-euro ...
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Hollande: Many more terrorists to be arrested
Following the capture of the key surviving suspect in the November 13 Paris attacks, French president Francois Holande has revealed that many more people were involved in planning the atrocities in which 130 people were killed. “What we need to do is arrest all those who organized and facilitated these attacks. There are far more numerous people than we have ...
Read More »Merkel heralded new quotas for relocating refugees
German Chancellor Angela Merkel said the closing of the migrant route through the Balkans has created a challenging situation for Greece and it should concern all of Europe. Addressing the Bundestag ahead of an EU summit with Turkey on Thursday, Merkel warned that nobody should be deceived by the slower influx of migrants to Germany because of border closures. Merkel ...
Read More »U.S. Embassy supports the participation of Greek professionals at SXSW Festival
The U.S. Embassy in Athens is delighted to support the participation of 12 Greek professionals at the South by Southwest Festival (SXSW) in Austin, Texas, from March 11-20, 2016. The U.S. Embassy is also collaborating with two other international institutions, The Hellenic Initiative and the Austin-based International Accelerator, for the participation of 30 Greek startups in SXSW Interactive 2016. This ...
Read More »What Your Facebook Habit Means for Your Sleep
It’s no secret that your late-night social media binges can interfere with your rest. But did you ever suspect that daytime Facebook use could also be related to the quality of your sleep? A new study, to be presented this spring, suggests that browsing your feed a few dozen times a day could be a symptom of sleep deprivation. Researchers ...
Read More »Tsunami warnings for Sumatra and Australian islands after powerful 7.9 magnitude off coast
A powerful 7.9 magnitude has struck off the west coast of the Indonesian island of Sumatra, triggering a tsunami warning. Here are the latest updates The epicentre was 502 miles southwest of Padang and six miles deep – USGS Indonesia issued a tsunami warning for West Sumatra, North Sumatra and Aceh A tsunami warning for mainland Australia was issued but ...
Read More »Chinese stock market crash affects Athens Stock Exchange
There is great concern among the investors and analysts who talk about a second financial crisis like the one of 2008, after Chinese stock markets shutting down for a second time within a week. About 2.5 trillion dollars are estimated to have been lost in 2016 (until yesterday) from global equity markets without counting the current fall. China’s stock markets ...
Read More »Inter-Libyan political agreement signed in Morocco
Libyan rival parties signed this Thursday in Skhirat (30 km south of Rabat), the “Libyan political agreement” to bring the country of the crisis that broke out three years ago. The agreement was signed by by representatives of all parties taking part in the inter- Libyan dialogue, held under the aegis of the UN support mission in Libya, mainly the ...
Read More »Paris rocked by series of deadly shootings
Witnesses and survivors have described the scenes of horror and carnage as gunmen and suicide bombers killed at least 120 people in a wave of attacks across Paris on Friday night. “As we went to our car we saw dozens of people running out of the Bataclan,” local resident Caterina Giardino, an Italian national, said of the 19th century theatre-turned-music ...
Read More »Third World in the First World
BOSTON — The real problem for Greece isn’t economic principles or policies, nor the Germans’ disregard for Greek democracy and their fetish for “austerity.” It’s the malfunctioning machinery of the Greek government. Greece has the trappings of an advanced Western economy, but its government’s capacity to tax and spend seems distinctly Third World. The proportion of self-employed Greeks is more ...
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