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Greece Economy

The poor people of Greece had been through enough with their economy in the tube…and then came Lindsay Lohan. LiLo has been singing the corneas off the Greek isles with her dance moves of her own night club while filming a reality show that sounds like a poor man’s Vanderpump Rules, which is saying something […]
dlisted.com | 11/29/18
Neither Greece’s politicians nor its lenders have shown that they can fix the issues bedeviling Greece’s economy, including government inefficiency.
www.wsj.com | 8/22/18
Neither Greece’s politicians nor its lenders have shown that they can fix the issues bedeviling Greece’s economy, including government inefficiency.
www.wsj.com | 8/22/18
The economy is still 25% smaller than eight years ago and nearly one in five people is unemployed.
www.bbc.co.uk | 8/20/18
Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt crisis that shrank the economy by a quarter and forced it to implement painful austerity measures.
www.dnaindia.com | 8/17/18

Lindsay Lohan has some harsh words for women who have been outspoken about sexual harassment or sexual assault in the workplace.

During an interview with British publications The Times, the 32-year-old actress opened up about her own on-set experiences in Hollywood, saying she doesn’t “really have anything to say” about the #MeToo movement which began late last year.

“I can’t speak on something I don’t live, right? Look, I am very supportive of women. Everyone goes through their own experiences in their own ways,” Lohan said, claiming she didn’t condone “attention-seekers.”

When it comes to people who have experienced alleged harassment or assault, the Sick Note actress said, “If it happens at that moment, you discuss it at that moment.”

“You make it a real thing by making it a police report,” she said. “I’m going to really hate myself for saying this, but I think by women speaking against these things, it makes them look weak when they are very strong women.”

RELATED: Lindsay Lohan Lands Her Own MTV Reality Show, Lohan Beach Club — Get All the Details

Lohan continued, “You have these girls who come out, who don’t even know who they are, who do it for the attention. That is taking away from the fact that it happened.”

The former Mean Girls star is currently living near Kalo Livadi beach, southeast of Mykonos, Greece, where she co-owns the Lohan Beach House — a series of cabanas for rent to tourists for €1,000 a day, according to The Times.

She referenced her business success abroad as a method of getting back at her ex-fiancé, Russian business mogul Egor Tarabasov, after the two had an infamous physical fight on that very beach in July 2016.

“I had a fight with my ex on this very beach. What did I do? Nothing,” she said. “I just took over the beach. The best revenge is success, right?”

RELATED: Lindsay Lohan Threatens to ‘Fire’ Waitresses at Her Beach Club for Not Wearing Matching Shoes

Lohan also opened up about her faith, saying she doesn’t “subscribe to any particular religion” but that she does “believe there is a higher power than us.”

After getting bitten by a snake and contracting a debilitating virus that left her hospitalized for weeks in 2014, Lohan says she reached out to a trusted source for guidance.

“I called my shaman and she told me that the snake bit was actually a blessing,” she said, adding, “Yes, I have two shamans.”

As for what her future holds, the actress told The Times she has plans to launch her own children’s charity in Dubai and may even adopt a child.

“Probably from Russia,” she said. “I want a little blonde Russian boy.”

people.com | 8/9/18

Lindsay Lohan will make her return to television, starring in a new docu-series for MTV that will trace the launch of a new beach club in Mykonos.

With a working title of “Lohan Beach Club,” the series began production this week and will follow Lohan as she continues to build her business empire. The Mykonos club, named Lohan Beach House, marks the actress’ third business venture in Greece, preceded by the Lohan Nightclub in Athens, Greece and Lohan Beach House Rhodes in Rhodes, Greece.

“Pack your bags, MTV. We’re going to Mykonos,” Lohan says in the video teaser for the series. The teaser gives viewers a glimpse at luxury beachside amenities and a day and nightclub. The series was previously teased in a New York Times feature about the actress.

Also Read: 'The Parent Trap' 20th Anniversary: Elaine Hendrix on Rapping With Lindsay Lohan on Set, the Iconic Lizard Scene

“Lohan Beach Club (WT) offers viewers VIP access to one of the most exclusive destinations in the world, and a behind the scenes look at how a young, successful entrepreneur runs her empire,” said Nina L. Diaz, president of Programming and Development for MTV. “We are thrilled to have such a passionate and creative partner in Lindsay to help explore this intriguing culture, all through the eyes of her brand.”

The series is executive produced by Lohan and Gil Goldschein, Julie Pizzi, Farnaz Farjam and Andrea Metz for Bunim/Murray Productions. Lily Neumeyer, Jessica Zalkind and Ben Hurvitz executive produce for MTV. Lohan is repped by APA.

Watch above.

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www.thewrap.com | 7/30/18
Greece has hit the tough fiscal targets set by its bailout creditors, but only by raising taxes so high that they are beggaring the small businesses that form the backbone of its economy.
www.wsj.com | 7/26/18
Greece has hit the tough fiscal targets set by its bailout creditors, but only by raising taxes so high that they are beggaring the small businesses that form the backbone of its economy.
www.wsj.com | 7/26/18
The planned reality series will focus on the 'Mean Girls' star's small business empire in Greece.
www.aceshowbiz.com | 6/27/18
Kovind, the first Indian president to travel to Greece in 11 years, arrived here on Saturday on the first leg of his three-nation tour.
www.dnaindia.com | 6/18/18

Prince William is heading to Israel.

Kensington Place announced on Thursday that William, 35, will tour Jordan, Israel and the Occupied Palestinian Territories next month. His trip begins on June 24 in Amman, and includes stops in Tel Aviv and Ramallah before concluding in Jerusalem on June 28.

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William’s visit marks the first time a member of the royal family has traveled to Israel on official business. Prince Phillip went in 1994 for a Yad Vashem ceremony honoring his mother, Princess Alice of Battenberg, who saved Jews during the Holocaust by opening the doors of her palace in Greece. In 2016, Prince Charles attended the funeral of former President Shimon Peres.

The high-profile visit was “at the request of Her Majesty’s government and has been welcomed by the Israeli, Jordanian and Palestinian authorities,” Kensington Palace said in a statement.

Israeli President Reuven Rivlin, previously tweeted: “Nechama & I were happy to hear @KensingtonRoyal announcement, and look forward to welcoming #PrinceWilliam, the Duke of Cambridge, on an official visit to the State of #Israel later this year. A very special guest, and a very special present for our 70th year of independence.”

Nechama & I were happy to hear @KensingtonRoyal announcement, and look forward to welcoming #PrinceWilliam, the Duke of Cambridge, on an official visit to the State of #Israel later this year. A very special guest, and a very special present for our 70th year of independence.

— Reuven Rivlin (@PresidentRuvi) March 1, 2018

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Wiliam’s most recent royal tour took him and wife Kate Middleton to Sweden and Norway in January, when the visited with Stockholm schoolchildren, played hockey and had lunch with Crown Princess Victoria, Prince Daniel and her parents King Carl Gustaf and Queen Silvia at Stockholm’s Royal Palace.

RELATED VIDEO: Prince William and Kate Middleton Step Out for Their Last Day in Snow-Covered Norway

The news of William’s trip to Israel comes just two days after the royal dad made his first appearance after serving as the best man at his bother Prince Harry and Meghan Markle‘s royal wedding. William paid tribute to the victims of the Manchester Arena bombing with a service at the Manchester Cathedral on Tuesday in honor of the one-year anniversary of the attack that left 22 people dead.

Harry and Meghan also attended their first engagement as married couple that afternoon when they appeared at a garden party at Buckingham Palace for Prince Charles‘ 70th birthday.

people.com | 5/25/18
Greece’s biggest banks received a clean bill of health from Europe’s regulators, an important step toward the completion of an eight-year bailout program that has strained the country’s economy.
www.wsj.com | 5/5/18
As economic growth returns to Greece after a decade of crisis, so are some businesses that once wrote the country off.
www.wsj.com | 4/24/18
As economic growth returns to Greece after a decade of crisis, so are some businesses that once wrote the country off.
www.wsj.com | 4/24/18
[Ethiopian Herald] The Alternate Foreign Minister of the Hellenic Republic of Greece Prof. George Katrougalos accompanied by a business delegation will arrive in Addis Ababa on 26 March 2018 for official state visit, the Greek Embassy in Addis Ababa told The Ethiopian Herald.
allafrica.com | 3/26/18
Greece's economy and development minister has resigned, shortly after his wife, a junior cabinet minister, also stepped down over a rent allowance scandal.
www.foxnews.com | 2/27/18
The United Kingdom will remain one of the most important US allies in NATO and Brexit will have no impact on the alliance, US Ambassador to Athens Geoffrey R. Pyatt told EURACTIV Greece’s media partner European Business Review in an interview.
www.euractiv.com | 1/9/18

Diane Kruger’s startling blues are a force of their own in “In the Fade,” the German grief thriller from Fatih Akin (“The Edge of Heaven”) that asks the actress’s eyes to convey a potent range of emotions while the character behind them decides just how far she needs to go to find justice after a violent tragedy.

It’s not hard to see why Kruger won the Best Actress prize at Cannes this year for her performance, and though the movie around her (Germany’s submission to the Academy Awards) can at times feel like a standard-issue vengeance saga, the light in those soul windows of hers — whether brilliant, drained, fiery, or coolly determined — justifies the effort.

Returning to her native language after years in English-speaking roles, Kruger plays Katja, a tough, tattooed, leather-wearing wife and mother living in Hamburg. Her loving husband Nuri (Numan Acar, “Rosewater”) is a Kurdish immigrant making a solid living for them and their young son Rocco (Rafael Santana) after spending four years locked up on a drug charge. (The movie opens with video footage of their behind-bars wedding, a joyous-looking occasion despite the environment.)

Also Read: 'The Square,' 'In the Fade' Top First Batch of Oscar Foreign Language Contenders

Returning to Nuri’s storefront office one night after spending time with a pregnant friend, Katja discovers that a bomb has gone off in front of her husband’s business, killing both him and Rocco. As if the emotional devastation of losing her entire family at once weren’t enough, the hurt is compounded by the reactions of her in-laws — who blame Katja and who wish to leave Germany and take their son’s and grandson’s remains with them — and of her mother, who assumes Nuri had returned to drug-dealing and has no qualms saying so to the police.

The straw-breaking insult is that the authorities don’t believe Katja’s theory that Nazis committed this heinous act. They assume the culprits came from within the immigrant mafia, even though Nuri’s work as a translator and tax preparer within the community, she informs them, invariably involves contact with transplants of all stripes. Not helping matters in persuading the police is Katja’s own unapologetic drug use, to which she turns to numb her crushing grief, and which doesn’t go unnoticed by the investigators.

Also Read: Oscars Foreign Language Shortlist Includes 'The Square,' 'A Fantastic Woman'

(The impetus for Akin’s screenplay, written with Hark Bohm, was a notorious murder spree of Kurdish and Turkish businessmen by neo-Nazis in Germany in the early 2000s that went unsolved for years because investigators looked only within the victims’ ethnic community.)

But when a pair of young, married, Hitler-loving suspects, Edda and André Möller (Hanna Hilsdorf, Ulrich Friedrich Brandhoff), are arrested with convincing evidence against them, Katja allows herself to claw back to the world to see justice through with the help of family friend and lawyer Danilo (a kind-eyed Denis Moschitto), who represents her at the neo-Nazi couple’s trial.

After a first section marked by overwhelming sadness, constant rain, and long, powerful takes of Katja in a kind of consumed shock, the trial sequence — set in an all-white courtroom of rigorous geometry and seething looks from Katja toward the scowling defendants — hardly feels like a recovery. In terms of wanting closure for Katja, it’s even more tense. She must not only live through the crime’s particulars all over again, but also endure the kind of questioning from the defendants’ brusque lawyer (a forbidding Johannes Krisch) that puts the focus entirely back on Katja’s picture-unperfect victimhood.

Also Read: Diane Kruger Has 'Yet to Be Paid the Same Amount as a Male Costar'

There’s a fleeting moment of shared sorrow when the male defendant’s dad (Ulrich Tukur, “The Lives of Others”), testifying against his own son, tries to make a connection with Katja that conveys his own shameful woe. But in a world where we tolerate some extremists more than others — a scenario that feels familiar in today’s America as it flirts dangerously with “understanding” white supremacists — is after-the-fact regret too little too late?

[Warning: spoiler-ish vagueness ahead.] Akin isn’t done with Katja, though, and in the final nail-biting act, set in Greece against a shimmering, tranquil sea, we’re asked to see this wrung-out heroine as something else entirely. It’s the kind of genre-friendly sequence we’re used to from pulpier movies, but in the context of a tale of institutionalized prejudice and psychological disintegration, Akin manages to give it a flinty weight as we grip the armrests.

Once again, Kruger is entirely commanding: there’s little about her in these moments that isn’t, somehow, an expression of consuming anguish, even when she’s on a very particular mission, one designed to raise questions as much as to slam others shut.

Stylistically, Akin is once again as assured as ever with “In the Fade,” with regular cinematographer Rainer Klausmann turning the first half’s heartache-stricken darkness and the closing sequences’ scenic sunniness into bookends of thematic richness. A Queens of the Stone Age fan, Akin also tapped its frontman Josh Homme for the score, which is suitably evocative in generating suspense, or reflecting the strickenness of Katja’s experience. But none of it would have been as effective without Kruger’s front and center turn, easily a career best.

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www.thewrap.com | 12/22/17

ATHENS, Greece — Angering the country's government, Greece's central bank governor on Thursday said he would welcome a precautionary credit line from bailout lenders after the international rescue program officially ends in August.

Bank of Greece governor Yannis Stournaras said in a report that a contingency credit scheme could have a "supportive effect" on the Greek economy.

Greek olive oil should be a shining example of the country’s export sector. Instead, it offers a lesson in why Greece remains deeply uncompetitive despite years of pressure to fix its economy.
www.wsj.com | 12/19/17
Greek olive oil should be a shining example of the country’s export sector. Instead, it offers a lesson in why Greece remains deeply uncompetitive despite years of pressure to fix its economy.
www.wsj.com | 12/18/17

The economy of Greece is the 27th largest in the world by nominal gross domestic product (GDP) and the 34th largest at purchasing power parity (PPP), according to data by the World Bank for the year 2009. Per capita, it is ranked 24th by nominal GDP and 23 at PPP according to the 2009 data. A developed country with the 22 highest human development and quality of life indices in the world, Greece is a member of the European Union, the eurozone, the OECD, the World Trade Organization and the Black Sea Economic Cooperation Organization. The public sector accounts for about 40 percent of GDP. The service sector contributes 78.5 percent of total GDP, industry 17.6 percent, and agriculture 4 percent. Greece is the 31 most globalized country in the world and is classified as a high-income economy.


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