German finance minister visits Greece as austerity measures usher in job cuts

Film Finance Forum Latin America Lines Up Panelists

Cine-Sud Boards ‘Circus,’ ‘Parable’

He said Greece “will not relax” in its efforts, adding, “We will continue climbing up the hill, we will reach the top, which is not far, and better days will come for our people.” The cut in the value-added tax in the food service sector, from 23% to 13%, had been an issue in negotiations with Greece’s lenders for months. The timing of the announcement could be seen as a signal of the government’s willingness to boost the private sector, while downsizing the bloated public service. Many Greeks believe the private sector has suffered a disproportionate amount during the crisis in order not to shed public sector jobs. On Tuesday, Greek unions called the country’s fourth general strike of the year so far, bringing many public services to a halt.

Municipality employees demonstrate in front of the Greek Parliament during a vote on more austerity measures.

However, we are positively surprised at the growth of our consumer durable loans driven by AC sales,”Jain said. Net interest income (NII) shot up 37 percent y-o-y to Rs600 crore from Rs439 crore. Total income grew by 32 percent to Rs 928 crore in April-June quarter FY14. The gross non-performing asset ratio inched up to 1.14 percent compared with 1.10 percent a year.

“I just hope the money does come through. I’m quite worried, and don’t know what my wife and I will do if doesn’t …” The Bay of Plenty Times tried contacting the couple in Australia but phone calls were unanswered. The other woman at the centre of this matter said she has sent text messages to the couple asking whether she was also going to get her money back, but has had no reply. Oxford Finance was contacted but a spokeswoman said they were unable to comment due to privacy concerns.

Finance warning for car buyers

The forum comes as production expands across most of the region. For years now Latin America has been a hotbed for emerging talent, and many of its countries have produced a steady output of successful local films, said Garcia. But its the combination of the growing appetite in the consumer market for cinema as evidenced by the rising screen count and the improving production resources/infrastructure that make Latin America ripe for a film finance forum, he added. Weve seen a comparable explosion for major music (e.g. Lollapalooza Chile) and sports (e.g.


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