Fitch Lowered Greece’s Credit Outlook to Negative

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Fitch rating firm lowered Greece’s credit outlook to negative from stable on Friday, citing increasing political uncertainty but kept the country’s credit rating unchanged at "B", showing highly speculative, the Business Insider reports.


"The current period of political uncertainty has increased the risks to Greece's creditworthiness as official financing, and any potential reopening of market access, could be delayed for some months. Early elections to be held on 25 January have made the direction of Greek policymaking more uncertain," a statement issued by Fitch reads.

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THE GREEK HERACLES WAS A BLACK MAN AND THE AFRICAN INFLUENCE ON GREEK AESTHETICS

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By Samuel David Ewing It has occurred to me lately as I pondered about the next article for this section that the lineage, pedigree, or family tree of the Greek Heracles must be clarified once and for all. Diodorus Siculus and Herodotus recorded that it was the Egyptian Heracles who was the hero who performed the legendary 12 Labors, subdued the animals of the wild that had threatened the people, ushered in the building of cities, water systems, fortifications, and laws. Walter Burkert has estimated that this original Heracles was renowned as far back as 20,000 years ago. The Greek Heracles ended up receiving honors for the accomplishments of his predecessor, having the title of "Heracles", furthermore by the Bronze Age of Greece in which the Greek Heracles was said to have lived the taming of the wilderness had already been accomplished. The Greek Heracles was not likely to be wearing lion skin armor, wielding a club, with spear as weapons, and the danger of lions ru...
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GREECE A LAND OF HEROES - AND DISTORTIONS

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The controversy over Macedonia owes much to the Greek mind set, writes ALEXANDER ZAHAROPOULOS ("Sydney Morning Herald", Australia, Wednesday, March 23, 1994) Although the Australian media have overwhelmingly supported the embattled Macedonians, and although most Australians would do so instinctively, it is unlikely that more than a handful of people are able to fully comprehend the Greek position. It is far from trivial to say that that is because they have not experienced a Greek education. In retrospect it is clear to me that my 12 years of Greek schooling, mainly in the 70's, conspired to instil in me precisely one attitude and almost unshakeable belief in the purity and unity of the Greek people, language and cultur e (to which three, I would add "orthodoxy" if my parents, who once had to bribe a priest to allow my Anglican great-grandmother to baptise my brother, had not thought the religion irrelevant and in bad taste). The attitude I am referring to wa...
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Hartes Sparpaket soll Griechenland vor Pleite retten

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Mit einem weiteren harten Sparpaket hat sich Griechenland erneut vor der drohenden Pleite gerettet. Sollten nun noch die Gläubiger die Schuldenlast erleichtern, könnte es Licht am Ende des Tunnels geben. Mit der nunmehr 15. Rentenkürzung hat die griechische Regierung im Ringen mit den Gläubigern einen weiteren Kraftakt hinter sich gebracht. Auch eine massive Senkung des Steuerfreibetrags wurde beschlossen. Auf die Bevölkerung kommen nun noch härtere Zeiten zu - wobei die Maßnahmen im Umfang von 4,9 Milliarden Euro erst ab 2019 umgesetzt werden sollen. Entsprechend gespalten sind die Meinungen, nachdem das Parlament in Athen das Paket in der Nacht zum Freitag billigte. Während die liberale griechische Zeitung Eleftheria die neuen "katastrophalen Maßnahmen" als verheerend für den Mittelstand wertet, fordert das regierungsnahe Blatt I Avgi alle Beteiligten des Schuldenpokers auf, jetzt verantwortungsvoll zu handeln. Es gehe nun darum, dass die Gläubiger sich darauf ...
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Beliebte Posts aus diesem Blog

THE GREEK HERACLES WAS A BLACK MAN AND THE AFRICAN INFLUENCE ON GREEK AESTHETICS

-
Bild
By Samuel David Ewing It has occurred to me lately as I pondered about the next article for this section that the lineage, pedigree, or family tree of the Greek Heracles must be clarified once and for all. Diodorus Siculus and Herodotus recorded that it was the Egyptian Heracles who was the hero who performed the legendary 12 Labors, subdued the animals of the wild that had threatened the people, ushered in the building of cities, water systems, fortifications, and laws. Walter Burkert has estimated that this original Heracles was renowned as far back as 20,000 years ago. The Greek Heracles ended up receiving honors for the accomplishments of his predecessor, having the title of "Heracles", furthermore by the Bronze Age of Greece in which the Greek Heracles was said to have lived the taming of the wilderness had already been accomplished. The Greek Heracles was not likely to be wearing lion skin armor, wielding a club, with spear as weapons, and the danger of lions ru...
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Nikos Dimou: Greece has already lost in the name issue

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- Greece has already lost in the case of the name issue. Ninety – five percent of the countries in the world accept the name Macedonia, and we continue to discuss this, said Nikos Dimou, a member of the Greek political party “Potami” (River) when guesting the show on Sky television. Dimou, a renowned Greek writer with more than 60 published books , said he supports a solution based on a composite name with a geographical qualifier, but added that he agrees that Macedonia can be called whatever they want “Macedonia as well”. - The name issue was mismanaged by the Greek government from the very beginning. It is a question for which we have already lost, Dimou said. As MIA reports from Athens, he added that it is his personal view and not the party’s, as he said, ” it has not established a position on this issue”. Dimou’s statement met with strong reactions by some Greek media. The electronic edition of “Hellene Elisis” commented that “the new party discovered their g...
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Rapid-Chaot: Der Hass-Grieche

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Angst und Gewalt liegen über Österreichs Fußball – und ein gewaltiger Imageschaden. Verantwortlich dafür sind einige Hundert Rapid-Chaoten und Hooligans aus dem Ausland. Sie stürmten beim 297. Wiener Derby gegen die Austria den Platz, erzwangen so einen Abbruch. Das Gesicht der Randale: ein Hardcore-Fan von Panathinaikos Athen. Das Logo von Panathinaikos Athen prangt auf der linken Brust. Der Mann gehört zum berüchtigten Fanklub Gate 13. Bauch: Tätowierung Ultras. Die Griechen pflegen mit den Rapid-Hardcorefans eine enge und langjährige Freundschaft. Dieser Hooligan kam aus Griechenland, um unserem Fußball zu schaden. Sein Tattoo-Motto: „seek and destroy“ – finden und zerstören. Nackter Oberkörper, tätowiert mit Logos von Rapid und Panathinaikos Athen, kahler Kopf, das Gesicht mit einem Schal vermummt – das Bild des Derby-Hooligans ging um die Welt. „Heute“ erfuhr: Das Fußball-Monster kommt aus Griechenland, ist arbeitslos, ein Capo des gefürchteten und mit den Rapid-Ultras kooperi...
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