TEM (currency)
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TEM (currency)
TEM ( Greek: Τοπική Εναλλακτική Μονάδα ("Alternative Monetary Unit"); abbrv: TEM ) is a local exchange trading system (LETS) popular in Volos, Magnesia, Greece. See also * European sovereign-debt crisis * Local exchange trading system *'' Ovolos'', a similar system in Patras ) , demographics_type1 = , demographics1_footnotes = , demographics1_title1 = , demographics1_info1 = , demographics1_title2 = , demographics1_info2 = , timezone1 = EET , utc_offset1 = +2 , ..., Greece. References External linksOfficial Site( Greek) Local currencies DIY culture Freiwirtschaft Mutualism (movement) {{Money-unit-stub ...
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Local Exchange Trading System
A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency."LETSystems Training Pack", (1990) W.A. Government. LETS allow people to negotiate the value of their own hours or services, and to keep wealth in the locality where it is created. Similar trading systems around the world are also known as Community Exchange Systems, Mutual Credit trading systems, Clearing Circles, Trade Exchanges or Time Banks. These all use 'metric currencies' – currencies that ''measure'', as opposed to the fiat currencies used in conventional value exchange. These are all a type of alternative or complementary currency. In the 21st century, the internet-based networks haves been used to link individual ...
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Magnesia (regional Unit)
Magnesia ( el, Μαγνησία, ''Magnisía'', , Ancient Greek: ''Magnēsía'', deriving from the tribe name ''Magnetes'') is one of the regional units of Greece. It is part of the region of Thessaly. Its capital is the city of Volos. About 70% of the population of Magnesia live in the Greater Volos area, which is the second-largest city in Thessaly and the third busiest commercial port in Greece. According to the most recent census (2011), the population stands at 190,010. The regional unit hosts 2,000,000 tourists annually. Magnesia is represented in the Greek Parliament by six seats. Its main agricultural products are wheat, cotton, tomatoes, grapes, olives, apples and honey. Geography A prominent geographic feature of Magnesia is the Pagasetic Gulf, a bay of the Aegean Sea. The Pelion mountain range closes off the Gulf on the east and south side, leaving only a narrow channel near Trikeri. The highest peak of the wooded Pelion is ''Pourianos Stavros'' or ''Xeforti'', (alti ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Greek Language
Greek ( el, label=Modern Greek, Ελληνικά, Elliniká, ; grc, Ἑλληνική, Hellēnikḗ) is an independent branch of the Indo-European family of languages, native to Greece, Cyprus, southern Italy (Calabria and Salento), southern Albania, and other regions of the Balkans, the Black Sea coast, Asia Minor, and the Eastern Mediterranean. It has the longest documented history of any Indo-European language, spanning at least 3,400 years of written records. Its writing system is the Greek alphabet, which has been used for approximately 2,800 years; previously, Greek was recorded in writing systems such as Linear B and the Cypriot syllabary. The alphabet arose from the Phoenician script and was in turn the basis of the Latin, Cyrillic, Armenian, Coptic, Gothic, and many other writing systems. The Greek language holds a very important place in the history of the Western world. Beginning with the epics of Homer, ancient Greek literature includes many works of lasting impo ...
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Abbreviation
An abbreviation (from Latin ''brevis'', meaning ''short'') is a shortened form of a word or phrase, by any method. It may consist of a group of letters or words taken from the full version of the word or phrase; for example, the word ''abbreviation'' can itself be represented by the abbreviation ''abbr.'', ''abbrv.'', or ''abbrev.''; ''NPO'', for nil (or nothing) per (by) os (mouth) is an abbreviated medical instruction. It may also consist of initials only, a mixture of initials and words, or words or letters representing words in another language (for example, e.g., i.e. or RSVP). Some types of abbreviations are acronyms (some pronounceable, some initialisms) or grammatical contractions or crasis. An abbreviation is a shortening by any of these or other methods. Different types of abbreviation Acronyms, initialisms, contractions and crasis share some semantic and phonetic functions, and all four are connected by the term "abbreviation" in loose parlance. A initialism is ...
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Local Exchange Trading System
A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency."LETSystems Training Pack", (1990) W.A. Government. LETS allow people to negotiate the value of their own hours or services, and to keep wealth in the locality where it is created. Similar trading systems around the world are also known as Community Exchange Systems, Mutual Credit trading systems, Clearing Circles, Trade Exchanges or Time Banks. These all use 'metric currencies' – currencies that ''measure'', as opposed to the fiat currencies used in conventional value exchange. These are all a type of alternative or complementary currency. In the 21st century, the internet-based networks haves been used to link individual ...
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Volos
Volos ( el, Βόλος ) is a coastal port city in Thessaly situated midway on the Greek mainland, about north of Athens and south of Thessaloniki. It is the sixth most populous city of Greece, and the capital of the Magnesia regional unit of the Thessaly Region. Volos is also the only outlet to the sea from Thessaly, the country's largest agricultural region. With a population of 144,449 (2011), the city is an important industrial centre, and its port provides a bridge between Europe and Asia. Volos is the newest of the Greek port cities, with a large proportion of modern buildings erected following catastrophic earthquakes in 1955. It includes the municipal units of Volos, Nea Ionia and Iolkos, as well as smaller suburban communities. The economy of the city is based on manufacturing, trade, services and tourism. Home to the University of Thessaly, the city also offers facilities for conferences, exhibitions and major sporting, cultural and scientific events. Volos parti ...
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Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring List of islands of Greece, thousands of islands. The country consists of nine Geographic regions of Greece, traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilization, being the birthplace of Athenian ...
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Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal, ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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European Sovereign-debt Crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states (Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). The eurozone crisis was caused by a balance-of-payments crisis, which is a sudden stop of foreign capital into countries that had substantial deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared currency. Debt accumulation in some eurozone members was in part due t ...
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