News archive of August 2014

Turkey hopeful as US, Spain eye world title at FIBA Basketball World Cup

Host Spain and titleholder the United States are among the favorites for the 2014 Basketball World Cup title, while Turkey is also hopeful The 2014 FIBA Basketball World Cup starts on Aug. 30 with host Spain planning to dethrone the United States, and Turkey hoping to make a good impact away from home.

Turkish league set for season of ‘star wars’

Galatasaray and Fenerbahçe begin a season of “star wars” while Beşiktaş and Trabzonspor aim to end their title droughts as the Spor Toto Süper Lig new season starts this weekend.

Hello darkness, my old friend

I’ve come to talk with you again… When Simon and Garfunkel wrote this song, I guess depression was not so common.

Getting around Ottoman Istanbul

When the Ottomans grew leery and weary, they simply had a to call upon a carriage to carry them The streets of old Istanbul were often steep, narrow and winding and often stairs replaced the streets – unpaved, muddy in winter and dusty in summer.

Ministry launches work experience program for unemployed graduates

The Labor, Social Security and Welfare Ministry is preparing to launch a work experience program for unemployed youths aged between 18 and 24, through private sector jobs, as part of a new action plan organized by the ministry, dubbed ‘Youth Guarantees.’

Tax burden in Greece among EU’s heaviest, study reveals

Commenting on the findings of a recent Eurostat study titled “Taxation Trends in the European Union,” Alpha Bank has described the obligations of taxpayers in Greece as burdensome.

The study disclosed that annual tax revenues derived from capital in Greece represented 7.3 percent of GDP, compared to a European Union average of 6.7 percent.

Coalition bent on protecting weaker groups

By Evgenia Tzortzi

The coalition government appears determined to extend the agreed foreclosure protection period for first homes and vulnerable social groups, even if unilateral action is required in the event that the country’s creditors, known as the troika, do not consent to the initiative.

Infrastructure Minister assures officials over coastal revamp

A radical overhaul of the southern Athens coast at Faliro Bay will be put to tender in December, Infrastructure Minister Michalis Chrysochoidis said Friday at a meeting with officials from the municipalities affected by the scheme.

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