News for 'Lefteris'

Europe's first underwater restaurant is making the right waves

Europe's first underwater restaurant is making the right waves

Rediff.com22 Mar 2019

Five metres below the surface of the North Sea, near the southernmost tip of Norway, Europe's first underwater restaurant is now complete. Welcome to Under -- Europe's first underwater restaurant. Designed by Norwegian outfit Snhetta, the building is part-sunk into the sea and is encased in a concrete shell designed to withstand the harsh conditions on the seabed of Norway's rugged southern coast. Take a tour of the fascinating place.

Independent Greeks stay with Tsipras, give limited bailout backing

Independent Greeks stay with Tsipras, give limited bailout backing

Rediff.com14 Jul 2015

The junior coalition partner of Greek Prime Minister Alexis Tsipras pledged on Tuesday to continue support for the government.

Countdown to Rio Games begins with Olympia torch lighting

Countdown to Rio Games begins with Olympia torch lighting

Rediff.com21 Apr 2016

The Rio de Janeiro 2016 Olympics countdown got under way on Thursday with the lighting of the torch at the site of the ancient Olympics, with organisers hoping it will shift attention away from Brazil's political and financial turmoil.

IMF warns of huge financial hole as Greek vote looms

IMF warns of huge financial hole as Greek vote looms

Rediff.com3 Jul 2015

IMF report says billions more cash and debt relief needed

Family and Rs 500 crore: How a Chettiar community is reviving entrepreneurship

Family and Rs 500 crore: How a Chettiar community is reviving entrepreneurship

Rediff.com24 Apr 2017

Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.

Greece faces recession warning as bailout talks set to open

Greece faces recession warning as bailout talks set to open

Rediff.com23 Jul 2015

Formal negotiations are due to start in Athens on Friday.

Relief and anger in Greece as Tsipras strikes deal

Relief and anger in Greece as Tsipras strikes deal

Rediff.com13 Jul 2015

Greeks greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com5 Jul 2015

The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors

Banks reopen, first repayments start as Greece aims for return to normal

Banks reopen, first repayments start as Greece aims for return to normal

Rediff.com20 Jul 2015

Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners

Greek banks reopen as Tsipras eyes return to normal

Greek banks reopen as Tsipras eyes return to normal

Rediff.com20 Jul 2015

A second vote will be held on Wednesday, on measures including justice and banking reforms, when a similar outcome is expected.

Greece votes in referendum with future in euro in doubt

Greece votes in referendum with future in euro in doubt

Rediff.com5 Jul 2015

Greeks are split on whether to accept an offer by creditors that Prime Minister Alexis Tsipras calls a "humiliation"

Greece asks for bailout extension as clock ticks down

Greece asks for bailout extension as clock ticks down

Rediff.com30 Jun 2015

The proposals appeared so far apart that success seemed higly unlikely

EU makes last-ditch bid to save Greek bailout

EU makes last-ditch bid to save Greek bailout

Rediff.com30 Jun 2015

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

Euro zone clinches deal with Greece after all-night haggle

Euro zone clinches deal with Greece after all-night haggle

Rediff.com13 Jul 2015

Tough conditions imposed by global lenders could cause an outcry.

Greece defaults on IMF payment despite last-minute overtures to creditors

Greece defaults on IMF payment despite last-minute overtures to creditors

Rediff.com1 Jul 2015

11th-hour debt restructuring programme offered no concessions to creditors

Greece offers new proposals to avert default, creditors see hope

Greece offers new proposals to avert default, creditors see hope

Rediff.com23 Jun 2015

Greek proposals hailed as "a positive step forward".

IMF calls for Greece debt relief ahead of bailout vote

IMF calls for Greece debt relief ahead of bailout vote

Rediff.com15 Jul 2015

An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.

Greece imposes capital controls as crisis deepens

Greece imposes capital controls as crisis deepens

Rediff.com29 Jun 2015

The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.

Germany, France press Greece to make fast, credible proposals

Germany, France press Greece to make fast, credible proposals

Rediff.com7 Jul 2015

The crisis remains acute with the country's banks already closed.