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Greek Debt Buyback Falls Short Of Goal, Will Reduce Greek Debt/GDP Target Less Than Required

Reuters has disclosed the outcome of the Greek debt buyback, citing a Eurozone official, which while completed at €32 billion, has missed it hard goal by €450 million, and as a result the completely unbelievable Greek 2020 debt/GDP target will be 126.6% instead of 124%. Reuters also reports that the average price on the buyback was 33.5 cents on the euro. As a result of the higher price paid for the buyback ...

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In tragedy related to Greece's financial crisis, 3 young brothers dead in house fire

Associated Press THESSALONIKI, Greece –  In a tragedy related to Greece's financial crisis, three children died in a northern village Saturday when a fire burned down the home of their grandparents, who were using a wooden stove because heating oil prices have soared, officials said. The blaze started in the stove and quickly engulfed the house, whose roof collapsed on two of the victims, aged 5 and 7. The ...

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Postcard From The Edge: Inside The Dramatic Collapse Of Greece's Heathcare System

Doctors are left "playing God," having to choose which patient will get the costly treatment.   By Benoît Vitkine LE MONDE/Worldcrunch THESSALONIKI - It was in 2009 – what feels like ages ago now - that the Organization for Economic Cooperation and Development (OECD) reported that the Greek healthcare system was "rather efficient." Around that very same time, doctors in Thessaloniki successfully cured ...

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Insight: Tortured, detained and ordered out: a migrant's tale in Greece

(Reuters) - Egyptian immigrant Waleed Taleb says demanding his unpaid wages in Greece came at a heavy price; 18 hours chained and beaten by his boss, a stint in jail and orders to leave the country he calls home. One of hundreds of thousands of undocumented immigrants who toil in Greece's black labor market, Taleb had just finished cleaning the bakery where he worked one November morning on the island of Sa ...

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Never forget Never forgive

Athens 2008Thessaloniki 2012Bologna, Italy 2012Athens 2012Istanbul, Turkey 2012Athens Antifa banner 2012Bologna, Italy 2012   In December 2008, "Eleftheros Typos" photojournalist Kostas Tsironis got fired for that photoNapoli, Italy 2012                                          Look at these children; anyone of them could have been AlexisCrete, Greece 2012 Athens  2012   Short updates: Lot of Greek pol ...

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UN Special Rapporteur on the human rights of migrants on the situation in Greece

UN Special Rapporteur on the human rights of migrants concludes the fourth and last country visit in his regional study on the human rights of migrants at the borders of the European Union: Greece ATHENS (3 December 2012): Following an invitation by the Government, I conducted a visit to Greece from 25 November to 3 December 2012. During my 9-day visit, I visited Athens, the Evros region bordering Turkey, t ...

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Greece takes bottom EU spot in global corruption index

(Reuters) - Greece has scored the worst ranking of all 27 European Union nations in a global league table of perceived official corruption, falling below ex-communist Bulgaria as public anger about graft soars during the country's crisis. The index on state sector corruption, published by anti-corruption watchdog Transparency International (TI) on Wednesday, also showed other struggling euro zone countries ...

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A debt write-off for whom?

[ Scroll down for Dutch.] Source: http://www.openeurope.org.uk/Content/Documents/PDFs/greece2ndbailout.pdf   A new restructuring of the Greek debt is in sight. After 2 loan agreements with the IMF and the EU and one debt restructure in February 2012, politicians and analysts consider a new restructuring inevitable. The new element that is politically-speaking extremely sensitive in central and northern Euro ...

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Most Aid to Athens Circles Back to Europe

PARIS — Its membership in the euro currency union hanging in the balance, Greece continues to receive billions of euros in emergency assistance from a so-called troika of lenders overseeing its bailout. But almost none of the money is going to the Greek government to pay for vital public services. Instead, it is flowing directly back into the troika’s pockets. The European bailout of 130 billion euros ($163 ...

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SOLIDARITY TO REFUGEES

MOVEMENT FOR HUMAN RIGHTS SAMOS 20/11/2012 Briefing report In 2010 members of the Movement continued to visit the detention centre of Samos on a weekly basis.  Following serious allegations we received by detained refugees and given their inability to address the competent authorities by themselves, we gathered all acquired information and wrote a letter to the Ministry of Citizen Protection requesting to b ...

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