Page-5 of Greece Current Affairs, GK & News

Greece dissolves parliament ahead of snap elections

Greece’s Prime Minister Antonis Samaras has dissolved the country’s parliament ahead of snap elections to be held on 25 January. Dissolution of Parliament comes after it failed to elect the President in the third and final round of voting. In the third and final round for electing President, ruling government’s candidate Stavros Dimas (former European ..

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Nalanda University in Bihar reopens after 800 years

Approximately 800 years after the ancient education institution was ruined, on September 1, 2014, Nalanda University (also known as University of Nalanda), in Bihar’s Rajgir district, commenced its first academic session. Nalanda is a Central University in Rajgir, about 55 miles south east of Patna, near Nalanda, Bihar, India. The university is envisioned to re-establish ..

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OECD introduces ‘single global standard’ for automatic exchange of financial info

Taking a significant step towards combating the black money menace, the Paris-based Organisation for Economic Co-operation and Development (OECD) unveiled ‘single global standard’ for automatic exchange of financial account information between jurisdictions. To enable automatic exchange of financial account information pertaining to tax issues, the new standard makes it mandatory for the financial institutions, including ..

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Ukraine crisis: NATO suspends civilian and military co-operation with Russia

Following Russia’s annexation of Ukraine’s Crimea region, NATO suspended all practical civilian and military co-operation with Russia.  Russia’s annexation is being considered as a threat to European security. The 28-member NATO bloc gathered in Brussels (Belgium) for their first meeting since Russia’s annexation of Crimea and stalwartly condemned Russia’s ‘illegal’ annexation of Ukraine’s Crimea region. NATO is also considering ..

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Lativa becomes the 18th state to join the Eurozone

The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as its currency and the fourth smallest economy in the euro zone after Malta, Estonia and ..

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