Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, August 27, 2013

Syria: US Asks Greece for Military Base Access US Asks Greece for Military Base has asked Greece for permission to use its military bases in Kalamata and Souda for a possible strike on Syria over the alleged use of toxic gas in Ghouta on the eastern outskirts of Damascus. The two bases in Peloponnesus and on Crete would ...Greek Exports Post Worst Performance in Three YearsGreek ReporterMideast: US sees Greek role in possible Syria strikeANSAmedall 3 news articles »


Merkel Says SPD’s Schroeder to Blame for Letting Greece in Euro

German Chancellor Angela Merkel sought to pin the blame for the euro’s debt turmoil on her Social Democratic predecessor Gerhard Schroeder, saying he should never have let Greece into the single currency area. Merkel, addressing a campaign ...


Samaras: Greece a regional ëbastion of securityí

Samaras: Greece a regional ëbastion of securityíKathimeriniAs speculation builds about a likely US strike against Syria in the coming days, Prime Minister Antonis Samaras on Tuesday met with President Karolos Papoulias for talks that reportedly focused on Greeceís possible role in a US-led military ...40000 small businesses in Greece face closure despite bank rescueThe IndependentSamaras: Greece is a bastion of stability in a region in flamesEnetEnglishAnother 40000 Greek Stores ShutteringGreek ReporterAsbury Park Pressall 9 news articles »


'Germany must give Greece more help'

The'Germany must give Greece more help'The Local.deGreece's shaky finances and to what extent Germany is responsible for them, finally entered the election campaign last week when Finance Minister Wolfgang Schäuble admitted the country would need another rescue package from 2014, seen as marking a ...Merkel Says SPD's Schroeder to Blame for Letting Greece in EuroBloombergGreece speeds up German campaignEurope Online MagazineGermany must pay for euro, Merkelís SPD challenger saysKathimeriniall 30 news articles »


Lawsuit Alleges Mobile Ad Company Velti Misled Investors About Payments From Europe (VELT)

Fresh off last week's news of a dismal second quarter, investors slapped the mobile ad tech firm Velti with a class-action lawsuit saying the company misled shareholders by claiming for more than two years it could recover money owed by customers in Greece and Cyprus.

Velti announced in an earnings report Aug. 20 that it was taking a write-down of $111 million to reflect its inability to recover these payments. The disclosure sent the company's stock price tumbling from $1 to $0.34 per share over the course of one day. Q2 revenue was .2 million, a decrease of 47 percent.

The suit, filed last week in the Northern District of California, is the latest black eye for one of the biggest companies in the mobile ad world. In May, Velti laid off about 200 of its 1,125 employees. Earlier this month, app developers were saying Velti owed them money in exchange for allowing the company to sell their inventory on its Mobclix exchange. 

The investor suit targets Velti and three current and former executives: CEO Alex Moukas, CFO Jeffrey G. Ross, and former CFO Wilson W. Cheung.

The woman who filed the complaint, Anika R. Rieckborn, alleges that prior to the write-down, the company had willfully failed to disclose the issues it was having collecting money it was owed, dating back to the prospectus the company issued prior to its January 2011 initial public offering. Rieckborn claims that even when probed by an analyst during a May 2012 conference call, Cheung failed to alert investors that the money was uncollectable.

The suit was filed on behalf of all people who held Velti stock between Jan. 27, 2011 and Aug. 20, 2013, a proposed class Rieckborn says numbers in either the hundreds or the thousands.

Velti did not immediately respond to Business Insider's request for comment.

SEE ALSO: GM is buying Super Bowl ads again

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Pregnant Romanian Forced Into Prostitution

A 28-year-old pregnant woman from Romania told Greek police she was forced to prostitute herself by human traffickers in Thessalia and made to have sex with a number of men despite her condition. The young woman's story began in June when authorities said two Romanian men, taking advantage of her adverse financial situation and claiming that they would find her a job, convinced her to come ...


Son’s Car Rolls Killing Father

A tragic accident took place the night of Aug. 25 in the village of Avgio, in the region of Amaliada, in northwestern Elis, West Greece where police said a car flipped over, killing a man whose son was driving. Police said the two were in a field farming and that the son had parked their car but when they got out the vehicle moved and ran over the 75-year-old victim. There was no explanation how ...


Thessaloniki woman held for over 1-mln-euro debt to the state

A woman in Thessaloniki, northern Greece, has been arrested for alleged outstanding debts to the state, reports said on Tuesday.The 55-year-old manager of a telemarketing firm is believed to owe more than 1 million euros in unpaid taxes to the state, reports said.She was expected to face a prosecutor.Also police said they have arrested five more suspects aged between 39 and 58 for alleged tax ...


Annual Orange fest to celebrate all things Greek

Annual Orange fest to celebrate all things GreekCt PostFor the hundreds of volunteers who make the Labor Day weekend Odyssey Greek festival a reality -- and the thousands of visitors who attend each year -- one of the most pleasant aspects of the event is the sense of family and community that it fosters.Photo exhibit among the many attractions at Greek FestThisWeekNewsall 2 news articles »


RANKED: The 11 Best Dog Breeds

Editor's note: Due to some technical difficulties yesterday, we were unable to post this list on August 26, National Dog Day. But we couldn't resist posting it today. Enjoy!

Dogs are the best.

Incredibly loyal, they comfort, protect, and love their humans unconditionally, making dogs superior to any other pet out there.

But not all dogs are created equal. These are the 11 best dog breeds, based on factors including health, personality, and overall popularity.

11. Portuguese Water Dog

Portuguese water dogs were originally bred to herd fish, retrieve lost tackle or broken nets, and act as couriers from ship to shore.

They’re good for people with allergies and make excellent companions since they are loving, independent, intelligent, and easy to train.

Portuguese water dogs also enjoy being petted and are friendly with strangers. Just be warned that like many larger dogs, boredom can cause them to become destructive.

10. Newfoundland Dog

Known as “nature’s babysitter,” Newfoundland Dogs are the absolute sweetest. Perhaps the best-known Newfoundland is the fictional Nana from “Peter Pan,” who was so wonderful with children.

These gentle giants are highly loyal and easy to train, and are legendary for their docile temper.

Newfoundland dogs are also strong swimmers, and the breed was trained to rescue people from drowning — one dog even famously saved Napoleon Bonaparte.

9. Maltese

One of the most ancient of the toy breeds, Maltese dogs were bred to be sweet and adoring of their owners. The Greeks even erected tombs for their Maltese dogs, and in Elizabethan times, they were called “The Comforter” because it was believed they could relieve pain and cure illness.

Maltese dogs are also extremely hypoallergenic, with silky coats that don’t shed.

And because of their size, these dogs are good for apartment living, too.

8. Golden Retrievers

Goldens are sweet, loyal, and incredible companion dogs. They’d rather be sleeping at your feet then running around outside without you.

They’re also very even-tempered, especially with small children. Goldens make great service and comfort dogs because of their friendly and tolerant attitudes.

Plus they were bred to retrieve ducks and other fowl for hunters, so if you like playing fetch, this is the dog for you.

7. Huskies

Siberian huskies are stunning animals, with their thick fur coat and piercing eyes. Most people who choose a Husky do so for their extraordinary beauty.

Huskies are good natured dogs who are affectionate with children. They shed minimally, except for twice a year when they blow out their coat, and don’t have the typical “dog odor” that bigger breeds tend to have.

Huskies are not considered a great breed for first-time dog owners, since they need a lot of attention, exercise, and are very good as escaping and running away.

6. Poodles

Poodles get a bad rap. But they’re easy to train since they’re so intelligent, and are lively, fun-loving, and loyal family dogs. 

Poodles can be attention seekers, so don’t be surprised if this people-oriented breed is constantly with you.

They’re also protective of their families and homes, and can become aggressive with people outside the family or with other dogs.

5. Beagles

Because of their intelligence, Beagles are used by law enforcement at airports to sniff baggage for items that are not permitted. Due to their friendly nature and appearance, Beagles don’t worry passengers.

This breed also has a lack of inherited health problems, and an even temper which is good for families and small children.

The most common reason Beagles are abandoned or turned over to the pound is because their owners couldn’t stand their howling. This can be controlled by training your dog early to avoid excessive barking.

4. German Shepherds

A relatively new breed (they date back to 1899), German Shepherds are exceptional animals: Courageous, obedient, incredibly loyal, and eager to learn.

German Shepherds are very intelligent too, and excel at most anything they’re trained to do. They’re usually used as service dogs and police dogs to protect officers and locate drugs or human remains.

German Shepherds love their humans so much that they will suffer from separation anxiety, and can become destructive when bored alone at home.

3. Pembroke Welsh Corgis

Corgis have a cult-like following mainly due to their playful and sweet personalities. According to Welsh mythology, the Pembroke Welsh Corgi was even the transportation mode of choice for fairies.

Though they can be shy with strangers, Corgis are good with children and have a strong desire to please their owners.

They’re also one of the silliest-looking dogs, with huge ears, a long torso, and a big butt. Just monitor their food intake closely since this breed is prone to overeating.

2. Labrador Retrievers

There’s a reason why Labs are the most popular breed in Australia, Canada, New Zealand, the United Kingdom, as well as here in the U.S. They are devoted and obedient and have even temperaments that make them good with both children and other animals. 

Bred to be eager to please and playful companions, Labs are smart and commonly chosen as guide dogs and service dogs for blind or autistic individuals.

They also make understanding therapy dogs, and can be trained to aid law enforcement and other official agencies by screening and detection work.

1. Mixed Breeds

No matter what mix of breeds, mutts are awesome. Mixed-breeds are believed to have less genetically inherited health problems than purebreds, according to veterinarian Dr. Sarah Ward Fatula.

Plus, if you adopt your mixed-breed from the shelter, not only will they already be spayed/neutered, microchipped, and up to date with vaccines, but you’ll also be helping with the pet overpopulation problem.

To find a shelter near you, visit the ASPCA’s website.

SEE ALSO: The 10 Most Heroic Dogs Of All Time

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Yogurt Nemesis: Danone Plots Revenge Against Chobani

Gird your low-fat loins, the Greek yogurt war is far from over. “What has happened in the U.S. is an indication of Danone’s perseverance,” Jon Cox, head of European consumer equities at Kepler Cheuvreux, told Bloomberg News. “They’ve ...


Constantinides Prentzas Focus On Education

NEW YORK - With two weeks to go before the primary election, Costas Constantinides, who is running to be the first Greek and Cypriot-American to be elected to New York's City Council, focused on an issue that is near and dear to the hearts of the community: their children's education. Constantinides held a press conference on Aug. 26 at P.S. 151 near the edge of eastern Astoria to ...


Bank Rescue Wont Save 40000 Greek Stores

(AP Photo/Dimitri Messinis) Mannequins are all that's left in a vacant storefront in Athens after three years of austerity has crushed the economy and put some 110,000 stores out of business. ATHENS (AP) -- Some 40,000 small businesses in Greece are likely to close in the second half of 2013 at a cost of up to 90,000 jobs despite a major bank rescue program implemented before the summer, a ...


Greece rules out role in any military intervention in Syria

Meanwhile, Greek Defense Ministry sources strongly rejected the possibility of involvement in any military action in Syria. "Washington never submitted ... but allowed the use of military bases by air and naval forces during the operation.


40,000 small businesses in Greece face closure despite bank rescue

A survey is warning that some 40,000 small businesses in Greece are likely to close in the second half of 2013 at a cost of up to 90,000 jobs despite a major bank rescue program implemented before the summer.


First Greek Orthodox free school to open

BBC NewsFirst Greek Orthodox free school to openBBC NewsThe first state-funded Greek Orthodox secondary school in England is set to open next week in north London. St Andrew the Apostle School in Barnet will teach pupils aged 11 to 19, beginning this term with an initial Year 7 intake. The school will teach ...


Greek amateur team spots retired Arsenal legend in the stands, brings him on at halftime

Picture the scene; you're a low level football player in Greece, playing to a handful of people in a pretty dilapidated stadium when, all of a sudden, you glance into the stands and notice former Arsenal and France legend Robert Pires sitting up there on ...


Greek stores face mass closure despite bank rescue

ATHENS, Greece -- A survey is warning that some 40,000 small businesses in Greece are likely to close in the second half of 2013 at a cost of up to 90,000 jobs despite a major bank rescue program implemented before the summer. However, the small business ...


Greek leaders call recruitment a success

During recruitment week for the Greek community, new members committed to houses full of brothers or sisters who share their values.


Tax cheating rampant on Greek islands: report

Tax cheating rampant on Greek islands: reportEurActivIn spite of government commitments to raise tax revenue as a condition for obtaining massive EU financial assistance, cash registers on many Greek islands ignore issuing VAT receipts, the Greek press reports. As many as 100% of businesses on some Greek ...


Two Romanians arrested after sex slave turns them in

Police in Thessaloniki on Tuesday arrested two Romanian nationals and were seeking another two suspects in connection with the allegations of a 28-year-old woman who said that she had been held against her will and forced to perform sexual acts.The young woman, whose name was not made public, told investigating officers in the northern Greek port city that she had been held against her will since ...


Greek State assets as a pledge to ESM

The German bank is talking about seizing the property of the Greek State, confirming the revelations from last Sunday - The association of German Industrialists proposes clearance on Greek assets The shocks by the revelations of Proto Thema last Sunday on ...


Austria striker Marc Janko returns for World Cup qualifiers against Germany and Ireland

by  Associated Press Austria striker Janko returns for Germany, Ireland Associated Press - 27 August 2013 07:43-04:00

VIENNA (AP) — Austria striker Marc Janko will return to the national team for next month's World Cup qualifiers against Germany and Ireland despite not playing for Trabzonspor since February.

Janko missed this month's friendly against Greece with a muscle injury but has been included in the 23-man squad announced Tuesday by Austria coach Marcel Koller.

Koller says Janko "has proven many times he can score on international level. We don't have 10 other forwards with similar qualities to choose from."

Janko scored in the 2-1 win over Sweden in June to put Austria in second place in Group C behind Germany, which has 16 points. Austria, Ireland and Sweden are have 11.

Austria plays Germany in Munich on Sept. 6 before taking on Ireland in Vienna four days later.

News Topics: International soccer, Soccer, Sports, 2014 FIFA World Cup, FIFA World Cup, Men's soccer, Events, Men's sports

People, Places and Companies: Marc Janko, Vienna, Austria, Germany, Ireland, Western Europe, Europe

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This article is published under the terms of the News Licensing Group, LLC. privacy policy, in addition to the terms of use and privacy policy for this website.


Greece doesn't need yet another 'rescue' package – it needs a way out

The GuardianGreece doesn't need yet another 'rescue' package – it needs a way outThe GuardianGreece has become a major issue in the German elections, as politicians debate the effectiveness of EU intervention, including the likely waste of German taxpayers' money. Wolfgang Schäuble, the powerful minister of finance, has openly stated that ...


Debt of Sisyphus: Greek economy's coma is a misguided political experiment

RT (blog)Debt of Sisyphus: Greek economy's coma is a misguided political experimentRT (blog)Austerity is destroying the free part of the Greek economy, leaving government more dysfunctional than ever. Worse news: it will need yet another bailout... Seasoned economic observers remain shocked by recent events. Greece will soon need another ...Debt-cut talk led him to make Greek aid comment, says SchaeubleKathimeriniGreek 'haircut' may have 'domino effect': MerkelThe Local.deGreek bailout debate rolls oneuronewsCNN International -Wall Street Journalall 119 news articles »


Ashton asks again for a political solution in Syria

by  Karafillis Giannoulis

EU High Representative Catherine Ashton commented on the recent developments in Syria, emphasising the need for the continuation of the Geneva talks.

On 26 August, the EU High Representative met with the Foreign Minister of Estonia, Urmas Paet and spoke about the Syrian crisis. Ashton told journalists, that her position is well stated. Ashton said that the international community has to find a “political process that is going to bring peace and security to Syria,” such as the Geneva Two talks. She stressed that during her conversations with both the United States and with Russia she have said that more than ever “we need to find a way to stop this violence for all time and we need to find a way that is going to bring peace and security back to the people.”

Moreover, Ashton condemned the chemical attack in Syria and informed journalists that many states “are considering very carefully the implications of this attack.” However, she concluded that “the most important thing in the end is we have to find a political solution to this and quickly.”

Despite the comments by Ashton regarding the importance of the Geneva talks, the Syrian National Coalition (Syrian rebels), announced that there will be no Geneva talks after the chemical attack on a rebel controlled Damascus suburb last Wednesday. On 26 August, coalition Secretary General Badr Jamous told Reuters in Istanbul. “We refused to speak about Geneva after what's happened. We must punish this dictator, Bashar the Chemist we call him, and then we can discuss Geneva.”

In the meantime, Guardian reported that the UK gathers warplanes and military hardware in Britain’s Akrotiri airbase in Cyprus. Two commercial pilots who regularly fly from Larnaca, Cyprus, claim to have spotted C-130 transport planes from their own aircraft and small formations of possibly European fighter jets from their radar screens, according to the British daily. Besides the UK, Washington asked from Greece to provide two military bases in order to facilitate future US airforce and navy operations in Syria.

Today, Tehran warned the US and the rest of the countries not to intervene in Syria as this will bring horrific consequences for the region. Reuters quoted Iranian Foreign Ministry spokesman Abbas Araqchi as saying. “These complications and consequences will not be restricted to Syria. It will engulf the whole region.” 


Thirteen injured at Larissa wedding from gunfire

Thirteen people were being treated at the general hospital of Larissa, central Greece, on Tuesday for gunshot injuries suffered at a wedding on Monday night at the Roma camp of Nea Smyrni.The 13 people, among whom are several children, received a range of minor injuries when one of the wedding guests, a 44-year-old man, tried to fire his hunting rifle into the air when the weapon backfired.The ...


Greece OKs 8100 for redeployment scheme

After the decision was presented, the Confederation of Public Servants (ADEDY) accused the Greek government of dismantling totally the public services, especially education, health and local administrations as well as putting into practice any demand set ...


Schaeuble Says EUR11 Billion for Greece Isn't Unrealistic

BERLIN--The International Monetary Fund estimate that Greece needs an extra EUR11 billion ($14.7 billion) as part of a possible third bailout package is at a realistic level, German Finance Minister Wolfgang Schaeuble said in an newspaper ...


Syria: Washington asks permission for using Greek military bases

by  Karafillis Giannoulis

The US government asked Greece to provide its military bases in Kalamata and Souda, in case Washington decides to directly intervene in Syria.

The two Greek military bases in Peloponnesus and Crete will be used by the US airforce and navy for transportation purposes. According to the Greek daily Kathimerini, the Greek government has agreed to help Washington, but the Greek Foreign Ministry had clarified that Greece is unwilling to participate in a possible direct intervention, due to fears of backlash violence.

Greek military sources told Kathimerini, that Greece’s contribution to the US intervention is important for Washington for two reasons. First of all, the US authorities are reluctant to use the Turkish military bases for transportation purposes because of safety reasons. According to the article, this fear comes from Turkey’s involvement in the Syrian crisis. Secondly, the US was satisfied by the previous use of the Greek military bases during the Libyan war being also familiar with the military facilities.  

According to Kathimerini, Greek officials believe that that country has an important chance to upgrade its geostrategic role in the Southern Mediterranean region due to the escalation of tension in the area. However, because of the traditionally good relationships of Greece with the Arabic states, the Greek government wants to avoid any actions which may disrupt the deep ties.   

Overall, the key goal for Greece is to manage to find the golden balance between helping its NATO allies on the one hand, and avoid any tension with the Arabic states and Russia. 


Key sentiment index underlines growth in Europe's largest economy

by  Associated Press German Ifo business index rises more than expected Associated Press - 27 August 2013 04:34-04:00

FRANKFURT, Germany (AP) — A closely watched index of German business optimism rose more than expected in August, underlining improving growth prospects for the struggling euro area.

The Ifo index released Tuesday rose to 107.5 from 106.2 in July. Market analysts had expected 107.0.

The increase in the index — the fourth monthly rise in a row — is a further sign of Germany's improving economy, which expanded a robust 0.7 percent in the second quarter from the previous quarter and helped pull the 17-country currency union out of 18 months of recession. The eurozone expanded 0.3 percent from the quarter before.

But economists say stronger growth is needed to reduce a eurozone unemployment rate of 12.1 percent and cut the heavy debt burdens afflicting governments such as Greece, Spain and Italy.

News Topics: Business, General news, Economy

People, Places and Companies: Germany, Western Europe, Europe

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This article is published under the terms of the News Licensing Group, LLC. privacy policy, in addition to the terms of use and privacy policy for this website.


Soccer-Greek championship fixtures

Aug 27 (Infostrada Sports) - Fixtures from the Greek championship matches on Tuesday Saturday, August 31 (GMT)Kalloni v PAS Giannena (1615) Xanthi v Ergotelis (1615) Panathinaikos v Veria (1830) Sunday, September 1 (GMT)Asteras Tripolis v Apollon Smyrni (1615) Atromitos Athinon v Aris Salonika (1615) Panthrakikos v Panaitolikos Agrinion (1615) PAOK Salonika v Panionios (1615) Levadiakos v ...


Germany FM: No more eurozone bailouts

There will be no more Greek-style bailouts for ailing eurozone countries, German Finance Minister Wolfgang Schaeuble tells CNN.


Germany's finance minister: No more Greek-style eurozone bailouts

(CNN)-- There will be no more Greek-style bailouts for ailing eurozone countries if Chancellor Angela Merkel's coalition party is successful in next month's election, German Finance Minister Wolfgang Schaeuble said. However, there will be one ...


Greek life postpones recruiting

But while potential changes are still being discussed, a recent change in GAC policy will allow Greek members to recruit students before the first official ... With the exception of Alpha Delta Phi, none disclosed any specific plans to hold ...


Greece wants ANOTHER £8billion

Greece wants ANOTHER £8billion - but won't accept more austerity measuresDaily MailGreece wants another £8.6billion bailout to stay afloat – but said it will not accept any more austerity measures. Finance minister Yannis Stournaras said the country requires more help on top of the £206billion it has already received in two rescue ...


Japan's newest rocket fails to lift off

TOKYO (Reuters) - Japan's first new rocket in 12 years failed to lift off on Tuesday, dealing an apparent blow to hopes that Japan might be able to muscle in on the growing, multi-billion dollar satellite launch industry. The countdown for the launch of the Epsilon rocket at Japan's Uchinoura launch center, broadcast over the Internet, went down to zero, but nothing happened. JAXA, Japan's space agency, later said countdown operations were halted. A three-stage rocket, the Epsilon - named for the fifth letter of the Greek alphabet - is 24. ...


D.J. Cooper To Play Professionally In Greece

D.J. Cooper To Play Professionally In GreeceHustle Belt (blog)The former Ohio Bobcat, and one of the greatest mid-major point guards in NCAA history has opted to play in Greece. Tweet Share + Comments. D.J. Cooper is heading to Greece. Cooper's agent confirmed to Hustle Belt Monday that the former Ohio point ...and more »


Greek economic tragedy moves into its third act

Though the Greek finance minister says: “If there is need for further ... who are in the single currency have climbed out of recession this year. But the news from Greece – which has the weakest economy – heralds a return to the mood of uncertainty.


Greece seen as on track for more aid next year

BERLIN — The highest-ranking German in the European Central Bank said Monday that Greece could be eligible for additional aid and debt relief next year if it continues to fulfill promises made for the assistance it has been receiving.


Greece Highlights Germany's EU Dilemma

It varied not just between member nations but also between their leaders and people. The French leaders and even those of the 'Buffer' countries saw the EU as hobbling Germany and preventing intra-European war. German elites have long been the ...


Greek Orthodox community restores priests’ pay but asks for relief

It was far from a consensus, but the Salt Lake Valley’s Greek Orthodox community decided Sunday to restore full pay to its three priests. Now it remains to be seen whether Metropolitan Isaiah — who oversees Salt Lake City’s Holy Trinity Cathedral and Holladay’s Prophet Elias Church from the faith’s regional headquarters in Denver — will accept the community’s concurrent request: to remove one ...


Panepirotic Federation Condemns Brutal Attack Against Greek Orthodox Christians in Albania

The Panepirotic Federation of America (POA) strongly condemns the brutal attack on a Greek Orthodox church in the city of Premet in southern Albania on August 16 by hired government thugs who smashed icons and crosses and beat up worshippers ...


Greeks restore priests' pay but ask for relief

Neos KosmosGreeks restore priests' pay but ask for reliefSalt Lake TribuneRestoring priestly pay while cutting the clergy count was central to a motion approved 220-215 by a special parish assembly called to defuse a dispute that had resulted in the Greek Orthodox churches' Sunday services being canceled for three weeks ...Financial struggles impact local Greek Orthodox worshipDeseret NewsThousands attend 50th annual Greek FestPost-BulletinPensacola Greek Festival preparations beginWEARmyfox47 -Neos Kosmosall 6 news articles »


Back-door bailout of Greece may cost taxpayers millions

The handout would take the UK’s liability for supporting the eurozone to more than £12.5billion – equivalent to £500 for every household in the country. It has prompted fresh calls to cast aside Brussels, adding further momentum to the Daily Express ...


Bernard-Henri Lévy: My Response to the Turkish Prime Minister, Recep Tayyip Erdogan

Last Tuesday (August 20) in Ankara, Turkey's prime minister, Mr. Recep Tayyip Erdogan, made a startling statement. He claimed to have "proof" that "Israel and...


Greek olive oil makes a splash

The nostalgia for olive groves and barrels of olive oil has taken on new meaning in crisis-hit Greece. Recently, there has been an exponential increase in interest for olive processing and olive oil marketing. "People between the ages of 20 and 45 are ...


Stournaras says Greece might need 10 bln euros in third package as gov't ...

KathimeriniStournaras says Greece might need 10 bln euros in third package as gov't ...KathimeriniFinance Minister Yannis Stournaras indicated Monday that a possible third foreign rescue program for Greece would probably comprise some 10 billion euros while Prime Minister Antonis Samaras and key ministers met to discuss an overhaul of the civil ...


Greece OKs disputed plan to get fresh aid

Greece's government yesterday finalized a controversial redeployment scheme that will affect thousands of civil servants and is a condition for the country to receive fresh EU-IMF aid. "We secured our final decisions, so that the country can be on schedule ...


Greek Shippers Brave Stormy Seas in Q2

Over the past couple of months, I've written quite a few articles analyzing this industry's economic woes, as well as Greek shipping tycoons' itchfornew and advanced vessels.While things have remained pretty much the same since the last time I checked, it's earnings season. So I just can't resist taking a look at shippers' latest earnings releases. Let's see ...