Thursday, May 13, 2010

News release: "The Executive Board of the International Monetary Fund (IMF) has approved a three-year SDR 26.4 billion (€30 billion) Stand-By Arrangement for Greece in support of the authorities’ economic adjustment and transformation program. This front-loaded program makes SDR 4.8 billion (about €5.5 billion) immediately available to Greece from the IMF as part of joint financing with the European Union, for a combined €20.0 billion in immediate financial support. In 2010, total IMF financing will amount to about €10 billion and will be partnered with about €30.0 billion committed by the EU. The Stand-By Arrangement, which is part of a cooperative package of financing with the European Union amounting to €110 billion (about US$145 billion) over three years, entails exceptional access to IMF resources, amounting to more than 3,200 percent of Greece’s quota, and was approved under the Fund's fast-track Emergency Financing Mechanism procedures."
Greece fast facts
Agreement with Greece
IMF and Greece
Greece: key links
Greece Q&As
Council of the European Union, Economic and Financial Affairs, Brussels, 9/10 May 2010: ""The Council and the Member States have decided today on a comprehensive package of measures to preserve financial stability in Europe, including a European Financial Stabilisation mechanism with a total volume of up to € 500 billion. In the wake of the crisis in Greece, the situation in financial markets is fragile and there was a risk of contagion which we needed to address. We have therefore taken the final steps of the support package for Greece, the establishment of a European stabilisation mechanism and a strong commitment to accelerated fiscal consolidation, where warranted."
New York Times: E.U. Details $957 Billion Rescue Package

Eponyms and toponyms:
Utopia, an imaginary ideal island in the book Utopia (1516) by Sir Thomas More, from Greek ou (not) + topos (place).
Shangri-la, Tibetan utopia in the novel Lost Horizon (1933) by James Hilton (1900-1954). From Shangri (a coined name) + Tibetan la (mountain pass).
A.Word.A.Day with Anu Garg

onym [Greek onoma, name] name
pseudonym, false name
eponym, a person (real or fictitious) believed to be the source of the name of a place or thing
paronyms, words derived from the same root
heteronyms, words spelled the same, but with different meanings and pronunciation:
row, row -- bow, bow
lead, lead -- sow, sow
http://www.class.uidaho.edu/luschnig/EWO/17a.htm

Le Centre Pompidou (Pompidou center in English) is one of the most spectacular buildings of Paris. It was designed by architects Renzo Piano (from Italy) and Richard Rodgers (from the UK) to bring art and culture to the man in the street. Its 1977 factory style architecture violently contrasts with the surrounding houses of Paris' oldest district near Notre-Dame cathedral. You like Le Centre Pompidou or you don't, but you will not forget its glass facade, its external stairs and the red, blue and green pipes on the rear facade. See pictures at: http://www.parisdigest.com/monument/centrepompidou.htm

What is a sidebar?
(law) a courtroom conference between the lawyers and the judge that is held out of the jury's hearing
a short news story presenting sidelights on a major story
wordnetweb.princeton.edu/perl/webwn
The sidebar is a term that is used for a GUI element that displays various forms of information to the side of an application or desktop user ...
en.wikipedia.org/wiki/Sidebar_(computing)
The Windows Desktop Gadgets (called Windows Sidebar in Windows Vista) is a widget engine for Microsoft Gadgets. ...
en.wikipedia.org/wiki/SideBar
In publishing, sidebar is a term for information placed adjacent to an article in a printed or Web publication, graphically separate but with contextual connection.
en.wikipedia.org/wiki/Sidebar_(publishing) See much more at: http://www.google.com/search?hl=en&defl=en&q=define:sidebar&ei=ufLjS7mlO8L7lweM3synAg&sa=X&oi=glossary_definition&ct=title&ved=0CBIQkAE

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