Cretan Chronicles

Greece in the news...

• High Greek inflation threatens social cohesion- OKE
  guardian.co.uk - UK
  Greek consumer price inflation has been stuck at a 10-year high of 4.9 percent for three consecutive months to July and now tops the economic worries of ...

  Greek retailer Fourlis H1 net drops 35.3 pct
  Reuters - USA
  AT: Quote, Profile, Research, Stock Buzz), which owns the Greek franchise of Swedish furnishing group IKEA, said on Wednesday first-half net profit fell ...

  Greek shares dip in early afternoon, led down by Alpha Bank
  Forbes - NY,USA
  ATHENS (Thomson Financial) - Greek shares dipped along with other European peers in the early afternoon with blue chips led down by Alpha Bank. ...

  Greek teens post web clip of youth urinating on Holocaust memorial
  Ha'aretz - Tel Aviv,Israel
  By Haaretz Staff A group of Rhodes high school students posted a video clip on YouTube showing a teen urinating on a Holocaust memorial on the Greek island. ...

• UPDATE 1-Greece imposes capital gains tax to curb deficit
  Reuters - USA
  ATHENS, Aug 27 (Reuters) - Greece will impose a 10 percent tax on capital gains and dividends from 2009 to help boost its budget revenues, Finance Minister ...

  "Grease to Greece" racers cross Europe on cooking oil
  Reuters South Africa - Johannesburg,South Africa
  The "Grease to Greece" race, the brainchild of 34-year-old Londoner Andy Pag, took the teams on a 10-day mission across Europe in which they begged oil to ...

  Greece to tax dividends, capital gains to widen
  Hemscott - London,UK
  This is also an effort to prevent Greece from edging above the 3 percent of GDP Maastricht budget deficit cap, avoiding European Commission supervision.

  OPAP H1 net profit rises 35.2 pct to 385.8 mln euros on Kino ...
  Forbes - NY,USA
  ATHENS (Thomson Financial) - Greece's betting technology OPAP SA said its first-half net profit rose 35.2 percent year on year to 385.8 million euros, ...

  Rivaldo wants to leave AEK for Uzbekistan
  The Canadian Press - ATHENS, Greece
  ATHENS, Greece — Veteran Brazilian playmaker Rivaldo wants to end his two-year contract with AEK Athens and finish his career in Uzbekistan. ...

  Ta Nea: Greece not aware of Rice’s initiative
  Focus News - Sofia,Bulgaria
  ... despite the information by Macedonian media that the plan was prepared by Rice in cooperation with her colleagues from Macedonia and Greece. ...

  Greece: Unions protest against Gov't on September 6th
  EMportal - Belgrade,Serbia
  The Finance Ministry is working on the introduction of new taxes on the dividends and corporate profits in an attempt to contribute to the state revenues. ...

  Bulgarians Look For Real Estate in Greece
  News.bg - София,Bulgaria
  More Bulgarians look for summer houses in Greece, because of the over-development of the Black Sea coast, Focus agency informs on data of the electronic ...