Greece

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The Best Poshtels To Book For 2016

Gone are the days of uncomfortable metal cots and tattered rented towels. No more slipping gingerly into sketchy sheets - hostels are stepping up their game, appealing to the more sophisticated jet-setter. The posh hostel (or '¬poshtel') is here to stay. With the rise in demand for fancier digs, many hostels now provide high-end toiletries, afternoon wine tastings and sheets with an actual thread-count. Think non-conventional, boutique amenities at hostel prices.
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6 Hidden Gems To Discover In Greece

There are many people in the world that dream of visiting the real off the beaten path experiences on their travels, but have no idea where to find them. A great strategy I've always used is to rely on trusty old Google Maps, pick a continent or country that interests you and then zoom in on the countries tiniest island or most rural village -- go there.
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Ontario Can Look to Greece to See the Dangers of an Underground Economy

The Greek failure to successfully address tax evasion should prove instructive to Ontario Premier Kathleen Wynne, who in 2014 pledged to crack down on tax cheats. Greek measures to tackle evasion with enforcement have resulted in only small improvements. An enforcement only strategy should not be the model Ontario follows for tackling the underground economy. Relying on enforcement and punishment squeezes legitimate businesses who are already faced with high compliance costs and tax and regulatory burdens.
ASSOCIATED PRESS

What You Need to Know About the Greek Debt Crisis

Wall Street melts down in 2008. Greece announces financial troubles and borrows €110 billion in 2010. It isn't enough, so a second bailout package brings the total loan to €246 billion by 2016. In early 2015, Alexis Tsipras of the radical left Syriza party is sworn in as the new prime minister with a plan to refuse any more loans. On June 28, the Greek government announces bank closures. Two days later, they miss an IMF payment and default on their debt.
ASSOCIATED PRESS

Why Canada Should Cautiously Monitor Greece's Financial Crisis

A Greek crisis cannot be good for the world right now, and we cannot/should not be mute spectators. Here are some reasons why we in Canada in particular, and the rest of the world in general, have to cautiously monitor the current events in Greece, and should try to guide or help Greece get out of the crisis before it becomes contagious. Canada already has internal financial stresses, just like many other countries around the world do, at this moment; this Greek crisis can add to external stress for many countries, and this really is bad timing, and an unwanted occurrence for the world economy.
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ATHENS, Greece - The latest news on Greece's financial woes as it closes its banks and limits money withdrawals (all times local):___11:35 p.m.Hundreds of people have rallied in London to show solidar...

Why Was a Family Fined for Taking Their Kids on Vacation?

A British couple has been fined 1,800 dollars (approximately) for taking their two kids to Greece for one week during the school year. Their vacation contravened a new British law that forbids missing school for a vacation. I have no issue with pulling your kids out of school for vacation. I think kids learn a lot more from experience than they do from sitting at a desk.

Should Canada Trust Greece?

It seems that Greece is finally headed in the right direction and with Canada's support and the tireless work of ambassadors, the country's crisis may indeed eventually be overcome. However, the Greek government must continue its reforms in order to prove that it is worthy of this international trust.
Alamy

When Young Democracies Make Immature Decisions

How could any country find itself in a scenario where it suffers the consequences of having been too socialist and too capitalist at the same time? I was listening to a former Greek Prime Minister recently at a global conference and I was struck by the number of times he referred to his country as a "young democracy." The implication, of course, was that it was an immature democracy -- and suddenly it all made sense.

Why Canada's Definition of Austerity Is All Wrong

Government program spending is still growing from sea to sea. Virtually every government in Canada is spending more in current dollars from one year to the next. Many are spending more in inflation-adjusted dollars, too. If they aren't, they're generally coming pretty close.
alamy

I Travelled to Greece and Saw a Vampire

Most people go to Greece for beaches, ouzo and temples gleaming in the Mediterranean sun. I went for a vampire. But what I found there led me beyond pop culture images of vampires to a darker part of the human imagination. In the midst of searching for ancient ruins, an archaeological team from UBC stumbled on a cemetery from the time of the Ottoman empire. The lead researcher wanted an osteologist to study the skeletons -- especially one that might have been accused of being a vampire. There wasn't much question of not going, of course.
AP

Spain, Ireland, Italy and Greece: Which One Doesn't Belong?

If no longer -- thank goodness -- the geo-political cockpit of Europe (caught between rival ideologies in the civil war era), Spain cannot be dismissed as a periphery or marginal country out of step with the European project. Spain has all the features of a highly efficient and accountable country, from its ability to produce majority governments from both the respectable left and right, its elaborate system of federalism, and its increased multicultural identity.
Alamy

What Italy's Victory Over Germany Really Means

The irony of Germany's loss to Italy in the Euro 2012 cup will not be lost on those who have been watching the Eurozone financial crisis play out in recent weeks. Germany's Chancellor Angela Merkel has been steadfast in her opposition to a plan for a common debt issuance program (so-called "euro bonds"), while her electorate have turned up their collective noses to calls for additional handouts to the problem centres like Greece.
AFP

Will a Soccer Match Decide Greece's EU Fate?

Greeks will watch the Euro 2012 soccer match between their country and Russia before going to the polls on June 17. If the Greeks lose, the country will vote to stay in the Eurozone. If they win, all bets are off. But, like football, forecasting is impossible (unless the games are rigged) which means that anything can happen. Here are three possible scenarios.