Social protection statistics - pension expenditure and pension beneficiaries - Statistics Explained Data from December 2014. Further Eurostat information, main tables and database. In 2012, just over a quarter of the EU population (26 %) - around 130 million people - received at least one pension (see Figure 1, data exclude Belgium). The proportion of the population receiving a pension is highest in Lithuania (31.5 %) and also exceeds 30 % in Bulgaria, Estonia and Slovenia, but is below 20 % in Ireland, Spain and Malta and only 14.8 % in Cyprus. The interpretation of such figures is, however, not straightforward, because the characteristics of the benefits they encompass may be quite different. Table 1: Proportion of pension beneficiaries receiving more than one type of pension, 2012Source: Eurostat (spr_pns_ben)
Athens News Agency - Macedonian News Agency Greece is heading in the right direction, Christine Lagarde, managing director of the IMF said on Thursday in New York, adding that Greece’s return to capital markets was a clear indication that the country’s full return to borrowing from the international markets, which was a basic objective of IMF’s programme, is on the horizon. Greece has followed the right path and will manage to exit the crisis at the end, Joaquin Almunia, European Commission vice-president responsible for Competition, said on Thursday. A strong explosion was reported at 5:55 on Thursday outside the Bank of Greece in Athens. An unknown individual called at 5.10 the website "Zougla" and at 5.15 at Efimerida ton Syntakton newspaper and said that "a booby-trapped car with 75 kilos of explosives will explode in 45 minutes outside the Bank of Greece".
Explicit cookie consent GOVERNMENTS have a long history of borrowing abroad and not repaying their debts. The first recorded sovereign default was in the 4th century BC when ten Greek cities failed to honour loans from the temple of Delos. Yet there are still no clear rules governing what happens when sovereigns do not pay up. The murkiness was highlighted this week when Argentina seemed to offer, under duress, to negotiate with the 8% of its bondholders who refused to accept any losses after a huge default in 2001.
Occupy movement Tunes This site is provided as a research and reference tool. Although we make every reasonable effort to ensure that the information and data provided at this site are useful, accurate, and current, we cannot guarantee that the information and data provided here will be error-free. By using this site, you assume all responsibility for and risk arising from your use of and reliance upon the contents of this site. This site and the information available through it do not, and are not intended to constitute legal advice. Should you require legal advice, you should consult your own attorney. The World Factbook ShowIntroduction :: GREECE Panel - Collapsed Greece achieved independence from the Ottoman Empire in 1830. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and other anti-communist and communist rebels. Following the latter's defeat in 1949, Greece joined NATO in 1952. In 1967, a group of military officers seized power, establishing a military dictatorship that suspended many political liberties and forced the king to flee the country.
Europe’s Attack on Greek Democracy by Joseph E. Stiglitz NEW YORK – The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics. Of course, the economics behind the program that the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25% decline in the country’s GDP. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece’s rate of youth unemployment, for example, now exceeds 60%.
Eurasia Afro-Eurasian aspect of Earth Eurasia is the combined continental landmass of Europe and Asia, with the term being a portmanteau of its two constituents. Located primarily in the Northern and Eastern Hemispheres, it is bordered by the Atlantic Ocean on the west, the Pacific Ocean to the east, the Arctic Ocean on the north, and by Africa, the Mediterranean Sea, the Pacific Ocean and the Indian Ocean to the south. The division between Europe and Asia as two different continents is a historical and cultural construct, with no clear physical separation between them; thus, in some parts of the world, Eurasia is considered the largest of five or six continents. Eurasia covers around 52,990,000 square kilometres (20,460,000 sq mi), or around 36.2% of the Earth's total land area. The landmass contains around 4.6 billion people, equating to 72.5% of the human population.
Populism Populism is a political doctrine that appeals to the interests and conceptions (such as hopes and fears) of the general population, especially when contrasting any new collective consciousness push against the prevailing status quo interests of any predominant political sector. Populism is commonly defined as: "the political doctrine that supports the rights and powers of the common people in their struggle with the privileged elite."  Since the 1980s, populist movements and parties have enjoyed degrees of success in First World democracies such as Canada, Italy, the Netherlands, and Nordic countries. Political parties and politicians often use the terms populist and populism as pejoratives against their opponents. Such a view sees populism as merely empathising with the public, (usually through rhetoric or "unrealistic" proposals) in order to increase appeal across the political spectrum (cf. demagogy).
Oceania Etymology The term was coined as Océanie ca. 1812 by geographer Conrad Malte-Brun. The word Océanie is a French language word derived from the Greek word ὠκεανός (ōkeanós), ocean. Definitions Map of Oceania Physiography Milton Friedman on The Euro: Monetary Unity To Political Disunity? SAN FRANCISCO - A common currency is an excellent monetary arrangement under some circumstances, a poor monetary arrangement under others. Whether it is good or bad depends primarily on the adjustment mechanisms that are available to absorb the economic shocks and dislocations that impinge on the various entities that are considering a common currency. Flexible exchange rates are a powerful adjustment mechanism for shocks that affect the entities differently. It is worth dispensing with this mechanism to gain the advantage of lower transaction costs and external discipline only if there are adequate alternative adjustment mechanisms.
World Newspapers and Magazines One of the web’s largest and most comprehensive directories of World Newspapers and Magazines, sorted by Country, region, and political affiliation. Africa Algeria, Botswana, Burkina Faso, Cameroon, Eritrea, Ethiopia, France, Gabon, Gambia, Ghana, Kenya, Korea, South, Malawi, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe Americas Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, Canada, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Lucia, Saint Maarten, Suriname, The United States of America, Trinidad and Tobago, United Nations, Uruguay, Venezuela Asia-Pacific
2 paragraphs that explain the Greek financial crisis Milton Friedman might be best known today for his free-market political views. But some of his most important contributions to economics were in monetary policy. He explained the high inflation rates of the 1970s, and he was also an early and influential advocate of the system of floating exchange rates that we have today. So European policymakers would have done well to pay attention in 1997 when Friedman predicted that the euro would be a disaster. Eighteen years later, with Greece on the verge of a financial meltdown, his analysis looks prophetic:
Full-Blown Civil War Erupts On Wall Street - Financial Elite Start Turning On Each Other Reality Finally Hits The Financial Elite As They Start Turning On Each Other 6th September 2011 By David DeGraw - ampedstatus.org Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other.