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The Weekend Neos Kosmos : 25 October 2014
24 SATURDAY 25 OCTOBER 2014 GREECE The amazing Perivolas in Santorini. Three Greek hotels among Europe’s Top 25 A dog-loving couple have adopted a golden retriever they found stabbed and left for dead while they were on holiday in Greece. Carol and Les Stones were so upset when they saw the dog they organised for an animal charity to fly him to their house in Greater Man- chester, UK, as soon as they arrived home. The dog arrived and the couple and their family apt- ly called him Chance. Mrs Stones was on holiday with her husband Les, 57, and son Matthew, 24, when they spotted Chance living on the streets. 'It was heartbreaking,' she said. Carol Stones said Chance has now settled in with the rest of her family pets at their home near Bolton. Students demonstrating against security measures at Athens University with- drew from its main prem- ises Thursday but another group of students padlocked the gates of the institution's School of Philosophy in pro- test. The protest at the philoso- phy department was launched after the student union took a vote on Wednesday night. However, Kathimerini under- stands that just 516 of some 10,000 students that are un- ion members took part in the ballot. Despite the lockout, several students and academ- ics turned up at the univer- sity to voice their opposition to the action. "We have a duty to de- liver lectures," said Mariza Fountopoulou, president of the philosophy depart- ment. "There is no point in discussing what is obvious. The Greek state pays me to teach and that is why I am at my job today." Together with another pro- fessor, Fountopoulou deliv- ered a lecture to around 20 students in the department's parking lot. Subjects includ- ed how the principle of uni- versity asylum was created. Students opposing the plans of Athens University rector Theodoros Fortsakis for eve- ryone but students, academ- ics, administrative staff and invited guests to be barred from entering the institu- tion's grounds fear this will compromise the free ex- change of ideas. Administrative employees are also opposed to Fortsa- kis' plans but are due to meet with the rector next week to discuss the issue. Source: Kathimerini Protests over university security persist Students leave main building but gates locked at Athens philosophy school A second ‘chance’ in the UK Greek bakers in the north- ern city of Thessaloniki have made a giant 'koulouri', a ring bread similar to a bagel, around the city's most visi- ble monument, the medieval White Tower. The bread, 165 metres in diameter, weighed 1.35 tons before baking. A koulouri is a staple snack, sold mostly by street vendors. Of Turkish provenance, it can be found throughout the Balkans under different names. Rising to the challenge The Australian Business Insider published a list of the Top 25 hotels in Eu- rope, based on critiques and awards received from well-established travel websites, such as Travel + Leisure, Fodor and TripAd- visor. The list of the 25 best ho- tels in Europe contained three Greek resorts. The amazing Perivolas in Santorini was in sixth place, Blue Palace Resort in Crete was placed 16th and Lindos Blu in Rhodes ranked 22nd. JPMorgan predicted two Greek banks - Eurobank and Piraeus - are among those most likely to fail, along with Portugal's Banco Com- ercial Portugues. European officials have just completed an extensive health check on the region's top 130 banks and are due to reveal the results tomorrow. The whole point is to weed out the weaklings that are hobbling the European econ- omy, or that could spark a new financial crisis in the event of another long reces- sion. Regulators have been por- ing over bank finances, and testing whether they have the strength to withstand a nasty shock, such as a spike in loan defaults or unem- ployment. The health of the sector is of vital importance for the eurozone, where growth has evaporated again and the spectre of deflation looms. Major players such as Deutsche Bank (DB) and San- tander (SAN) were among the test subjects. Regulators will release a prognosis on each bank providing insight into how healthy the banks are now and how they could fare in the future. If a firm is deemed too sick - meaning it wouldn't have the resources to cope with a shock - it will be forced to submit remedies, including possibly raising more money from investors. Analysts have been busy forecasting which banks are most at risk of failing. Pimco portfolio manager Philippe Bodereau estimates that 18 banks will fail the tests, though he didn't say which. Source: CNN Money Two Greek banks on the brink of failure Eurobank and Piraeus Bank are among those most likely to fail the regulator’s ‘health check’ according to JPMorgan Daylight saving ends for Greece Daylight saving time ends at 4.00 am (Greek time) on Sunday October 26 for Greece, when clocks will go back one hour. Greece returns to ‘regu- lar’ or ‘winter’ time, as it is called, until the spring of 2015. As a result of that the dif- ference in hours between Greece and Australian based on the Australian Eastern Standard Time as of Sunday will be 9 hours.
18 October 2014
1 November 2014