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Thursday, September 25, 2014

Greek Woman Allegedly Buried Alive by Accident

Greek police investigate testimony woman revived in her grave, then died


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Coalition searching for negotiating strategy ahead of troika visit

The coalition was searching on Thursday for bargaining chips ahead of the troika’s return to Athens after a teleconference with representatives of Greece’s lenders late on Wednesday suggested that the imminent review of the Greek program will not prove st... ...


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PAOK and Panetolikos suffer Cup upsets

The start of the new group stage of the Greek Cup in midweek produced a number of upsets that could prove fateful for a number of Super League teams that have either underestimated the competition or their minor opponents. One such upset victim was last y... ...


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Permanent On-site Collision Damage Repair in Greece

In July Hydrex mobilized a team of diver/technicians to Syros, Greece, for a complex repair operation on a chemical tanker. The vessel had suffered ...


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Small But Perfectly Formed: The Tiny Eiriana Suites Of Milos, Greece

Now is a great time to be in Greece. We are writing this from the island of Patmos, where the temperature is dropping to toasty but bearable, the hordes ...


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The ECB's Plan To Do 'Whatever It Takes' To Save Europe Is Not Going To Work

The ECB's plan to boost the prospects of small and medium size companies in Europe by purchasing asset-backed securities is likely to fail due to the fracturing of the region's economies. With the announcement of the ABS program it looked as if ECB President Mario Draghi's famous pledge to do "whatever it takes" to save the euro was finally being demonstrated rather than just promised. However, the divergence in economic performance between core countries like Germany and (until recently) France and the periphery including Italy, Greece and Portugal could scupper the central bank's ability to improve the Eurozone's prospects. The problem is that the peripheral economies have been locked out of the securitisation market because they are unable to offer investors enough of a yield to cover the risks they would be taking on. Although the ECB's plan should ease funding costs for these businesses, it is unlikely to be able to make a significant difference unless it can encourage a damaged banking system to take on significantly more risk despite existing financial stresses of borrowers and growing concerns about the broader macroeconomic outlook. As Gareth Davies, credit analyst at J.P. Morgan, said in an interview with the Wall Street Journal: If the ECB buys only ABS backed by SME debt then the stock of bonds available on the open market – about €10 billion – is far too small to have any meaningful impact. For the program to be successful, the ECB would need to buy non-corporate assets, such as ABS backed by residential mortgages, or encourage the issuance of SME-linked deals on a scale never seen before. Non-corporates are private firms or partnerships that do not have access to corporate debt markets. This means that they have not benefitted from the so-called reach for yield by investors that has helped depress debt yields across much of the developed world, leading to a record negative yield on German government debt earlier this month (effectively lenders were paying the German government to borrow). This chart from the ECB shows the funding problems facing small companies in the periphery. SMEs in Greece, Spain, Italy and Portugal all report serious concern surrounding their ability to access finance while Finland, the Netherlands, Austria and Germany all report a far healthier economic environment. What this suggests is that even if the ECB manages to increase the size of its balance sheet through the ABS purchase program, it is likely to benefit the core more than the periphery. Stagnant economies and the threat of deflation across the Eurozone are helping to increase perceived risks for both borrowers and lenders. Though it may seem an odd suggestion considering the events of the recent financial crisis one way to address this problem could be the creation of a supranational mortgage guarantee body — a sort of Eurozone Freddie Mac or Fannie Mae. Mortgage debt traditionally accounts for a large percentage of non-corporate funding and a paper last year suggested that buoyant asset prices could offer one route to an increase in entrepreneurship: We find that an increase in collateral value leads to a higher probability of becoming an entrepreneur. Conditional on entry, entrepreneurs with access to more valuable collateral create larger firms, more value added and are more likely to survive, even in the long run. Of course, with states guaranteeing lending on the one side and central banks purchasing the resulting assets some analysts would argue that it amounts to the housing market "effectively been socialized". That may be true, but unless and until governments are willing to take a share of the risk of funding small businesses directly a socialized housing market may be a necessary evil.SEE ALSO: The Euro Meltdown Just Crossed An Ugly Milestone Join the conversation about this story »


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Gov’t sees debt falling below 110 pct by 2022

New calculations by the Finance Ministry show that Greece’s state debt will drop below 110 percent of gross domestic product in 2022 due to a number of factors, offering the government one more arrow in its quiver when it comes to discussing the lowering ... ...


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Over half of all households in poverty or at risk thereof

Three in every five Greeks, or some 6.3 million people, were living in poverty or under the threat of poverty in 2013 due to material deprivation and unemployment, a report by Parliament’s State Budget Office showed on Thursday. Using data on household in... ...


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Tourism boosts bank accounts

The 1-billion-euro rise in bank deposits in August constitutes a clear indication of the improvement in the economy bolstered by the growth of tourism, according to figures issued by the Bank of Greece on Thursday. What is more encouraging is that this is... ...


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Chance to WIN FREE $50 movie voucher with Greece and Med Travel Centre

Greece and Mediterranean Travel Centre is giving away the chance to win one of 10 $50 movie vouchers. To enter, all you have to do is simply answer the below questions and email them ...


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When writting greek or french accented characters on the wysiwyg editor they get saved as html ...

Using Drupal 8 (git checkout and install today) and CKeditor I tried to type some greek in a node. I typed this:English: We have wysiwyg be default.


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Danny Tyree: Changes coming on Greek Row

As a small town nerd, when I attended college I was all “Wow! Microfiche newspapers! College bookstore! Meal plan!” in between weekly trips home.


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Which Countries Greeks Choose for Their Studies

Despite the economic crisis and high cost of tuition and residence, the United Kingdom still remains the first choice for Greeks who wish to study abroad. The Greek Parliament has received data from the National Academic Recognition Information Center (Hellenic NARIC) regarding the number of applications for certificate recognition by students who had studied abroad. The data was provided following a request by Former Parliamentary speaker Apostolos Kaklamanis who sought to highlight the effect that the economic crisis was having on the higher education of young people studying abroad. “The economic crisis and its consequences on the available income of the majority of families has rendered it impossible for the majority of Greeks to stay and continue their studies at higher education institutions in Europe and America… Many of those, even at a very advanced stage, return, following many years of financial losses for their families and with consequent feelings of hopelessness and futility about their future.” Kaklamanis has proposed the creation of a new mechanism which will facilitate the continuation and completion of studies for students abroad who are truly unable to afford the cost of foreign universities and technical colleges, based on objective academic and socio-economic criteria. Greek Education Minister Andreas Loverdos provided NARIC’s data to the Parliament, noting, however, that the record only “provides an indirect measure of the proportion of Greek students in different countries, because not all Greek students studying abroad need to apply for official recognition of their degrees in order to be employed. It provides a rough indication of which countries host the most Greek students.” Here is the list of the top 15 countries that Greeks prefer for their studies, categorized according to the different types of degrees.   Undergraduate degrees UNITED KINGDOM: 2475 applications ITALY: 925 CYPRUS: 559 BULGARIA: 392 USA: 389 FRANCE: 256 RUSSIA: 237 GERMANY: 236 ROMANIA: 213 TURKEY: 171 UKRAINE: 151 SERBIA: 120 ALBANIA: 84 CANADA: 69 HUNGARY: 61 Other countries: 884 Total: 6338 applications   Post-graduate degrees UNITED KINGDOM: 5.758 applications ITALY: 1014 CYPRUS: 910 USA: 700 FRANCE: 641 BULGARIA: 578 THE NETHERLANDS: 441 GERMANY: 286 SPAIN: 162 BELGIUM: 155 SERBIA: 97 SWEDEN: 74 AUSTRIA: 73 ROMANIA: 61 SWITZERLAND: 40 Other countries: 920 Total: 10.990 applications   Doctorates UNITED KINGDOM: 762 applications GERMANY: 188 FRANCE: 163 USA: 149 ROMANIA: 61 ITALY: 44 THE NETHERLANDS: 34 BULGARIA: 33 SPAIN: 33 SWITZERLAND: 26 BELGIUM: 15 AUSTRIA: 14 SWEDEN: 12 CANADA: 11 AUSTRALIA: 10 Other countries: 69 Total: 1555 applications


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Stock index loses grip of 1,100 points

The early deferred tax assets euphoria at the Greek bourse wore off during the afternoon on Thursday, with gains turning into losses far greater than those obeserved on most other Western markets. Some urgent stop-loss moves sent the benchmark close to th... ...


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No Greek request yet to exit IMF program

Washington (AFP) - Greece has not yet made any request for an early exit to the International Monetary Fund's bailout program, IMF spokesman Gerry Rice said Thursday.


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Greek Islands travel guide

Marc Dubin has been writing about Greece for more than three decades, Cyprus in excess of two. He is the author of several books including the Rough Guides to Greece, the Greek Islands, and Cyprus. He has also written about Greek cuisine, Greek music and ...


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Greece may opt for unusual president to avoid snap polls, Venizelos says

Greece's coalition government may propose a non-political figure for president in March to seek consensus and avoid snap elections that could derail its economic progress, Deputy Prime Minister Evangelos Venizelos told Reuters this week. Although the Greek ...


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Amphipolis tomb does not contain Alexander the Great remains, says lead archaeologist

The archaeologist leading the dig at the much-discussed ancient tomb of Amphipolis in Serres, northern Greece, on Thursday laid to rest speculation that it may contain the remains of Alexander the Great. “I hope that by Christmas, if not earlier, we will ... ...


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Greece's first home-built submarine set for launch

Greece’s first domestically built submarine, a Type 214 diesel-electric vessel named Pipinos, will be ready for launch on October 6, the Hellenic Navy said on Thursday. Pipinos is the first of three vessels commissioned by the navy to be built by Hellenic... ...


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Man, 57, arrested over 9.6 million euros in debts to state

A 57-year-old man was arrested on Thursday in northern Greece on suspicion of owing 9.6 million euros to the state. The debt was built up by a construction company where he was the managing director. There was already an arrest warrant in the man’s name a... ...


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A Private Tour Of The CIA's Incredible Museum

But when a second man appeared from the shadows, the elderly German revealed that he was wearing a pair of distinctive gold cuff links embossed with the helmet of the Greek goddess Athena...


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Family calendar

Today 79th Annual Greek Dinner Festival - Pastry available daily from 11 a.m., lunch menu daily 11 a.m.-2 p.m., and dinner served 4:30-8 p.m., dine in or carry out. The menu features Beef Kapama, orzo pasta, Greek shish-kebabs, Greek salads and vegetarian plates; you may also exchange your dinner tickets for grill items. Taverna Wine and beer are available daily from 11 a.m. with Greek ...


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U.S. Repair Job For BNP Paribas' New Chairman

By Maya Nikolaeva and Steve SlaterPARIS/LONDON (Reuters) - Jean Lemierre, a former head of Europe's reconstruction bank and a veteran of international debt negotiations, will need all his diplomatic skills to repair BNP Paribas' relations with the United States as chairman of France's biggest bank.BNP's board is expected to name him on Friday as replacement for Baudouin Prot, people familiar with the matter said.The 64 year-old is set to take on the job at a pivotal time for the bank.BNP emerged from the financial and eurozone crises healthier than most rivals, but was hit in July by a record $8.9 billion fine for breaking U.S. sanctions on Sudan, Libya and Cuba between 2002 and 2012.The U.S. troubles cost several executives their job. Prot, who has been CEO or chairman at BNP for 11 years, resigned this week, satisfied the bank had stabilized after its summer of turmoil, sources said.Lemierre fits all the criteria to chair the bank: a graduate from one of France's elite "ecoles", former head of its Treasury, a long spell running a multinational public body and then a smooth transition to the private sector six years ago.He was a key negotiator during the talks with U.S. authorities, sources told Reuters.Now as head of Europe's fourth biggest bank he will have more work to do to repair the damage. BNP is banned from conducting some U.S. dollar transactions next year and is only six months into a new plan to kick-start earnings and improve profitability in the next three years by expanding in countries such as the United States and Poland.The bank's shares have underperformed its peer group this year with a 6 percent fall.Banking industry sources expect the changes at the top and the banks recent problems to prompt more changes in its ranks.NAPOLEONLemierre joined BNP Paribas in 2008 as a senior adviser to then chairman Michel Pebereau, one of the elder statesmen of French banking. He remained in the role when Prot took over from Pebereau in 2011.Effectively vice-chairman, Lemierre's role at BNP was higher profile than at any other bank. His office sits at the heart of its Paris headquarters in the ornate room where Napoleon Bonaparte married Josephine in 1796.Lemierre has focused on the bank's international activities, particularly in emerging markets. Piloted by Prot, BNP has become one of the most international banks in the world, with operations in 73 countries beyond its strongholds in France and Belgium.Lemierre represented BNP and led all creditors in complex and drawn-out talks to restructure Greece's debt in 2012, regarded as one of the pivotal points of the euro zone crisis."He has a unique blend of understanding market realities with a firm grasp of the complexities of global economic trends," Charles Dallara, the former managing director of the Institute of International Finance, who co-chaired the Greek debt restructuring talks with Lemierre, said.People who know Lemierre described him as hard-working, meticulous and incisive. One former colleague said he was a demanding boss, but informal and encouraging to staff.Once tipped as a contender for the top job at the International Monetary Fund, he could have had a career at the Banque de France or at the European Central Bank, they said."He was a brilliant financial technician but also very good at the politics of managing the government shareholders,” an EBRD official recalled.Lemierre is from a modest family background in Sainte-Adresse, near Le Havre in north-western France. He was a class fellow of Prot and Bank of France chairman Christian Noyer at the highly-prestigious Ecole Nationale d'Administration civil service school.Prot and Lemierre were among the brightest students at ENA, one of the class fellows told Reuters."Baudouin was rather sure about his qualities, but quite friendly and lively. Jean was serious but highly regarded by other 'eleves'," the person said.With a background that includes taking the EBRD into Mongolia, leading creditors to restructure debt in Latin American and Africa, and a detailed knowledge of Middle East politics, Russia and China. His advice to bankers during the current period of political turbulence is to act carefully.His remarks to them at a conference last month may be apt for his new role: "My advice is to monitor carefully, not to overreact, but not to think it's business as usual.”(Additional reporting by Paul Taylor and Matthias Blamont. Editing by Jane Merriman)Join the conversation about this story »


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6.3 Million Greeks Threatened by Poverty

A shocking report of the Parliamentary Budget Office regarding the economic situation of Greek households revealed that approximately 6.3 million Greeks are threatened by poverty. Approximately 2.5 million Greeks are living below the poverty line, while 3.8 million are in direct danger of crossing the poverty line, the report said. The report entitled “GMI Policies in the European Union and Greece” also notes that protection policies are effective, while the implementation of the Guaranteed Minimum Income in Greece is delayed. According to the report, during the second quarter of 2014, Greece’s unemployment rate was 26.6%, compared to 27.8% in the previous quarter and has also affected men at working age. The number of unemployed people rose to 1,280,101 and unemployment among young people aged 15-24 reached 52%. Meanwhile, many households have no employed members and are left without resources, while a dramatic reduction in wages has also been recorded. Based on the survey of income and living conditions of Greek households, 2.5 million people are living below the relative poverty line, based on the average household income. In addition, 3.8 million people are at risk of living below the poverty line due to material deprivation and unemployment. According to Eurostat, Greece was ranked last in the list of EU countries with poverty risk. Greece is also among the group of countries with the highest poverty rates (23.1%), ahead of Spain, Romania and Bulgaria, and also ranks fourth in the poverty gap index after Spain, Romania and Bulgaria. Finally, the report also notes that the social protection programs have been significantly delayed in Greece, while the country is facing acute situations of extreme poverty and social exclusion. The demand for social welfare from citizens is strong and the state has only been able to supply it sporadically since it has been facing administrative problems. Therefore, the social safety net is characterized by inefficiency, while there is no replenishment of income loss from the economic depression in the near future.


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Thunderstorms Threaten Flooding, Mudslides for Greece

Starting Thursday night, thunderstorms will spread from southern Albania and western Greece northeastward into Macedonia, the rest of Greece and ...


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European Commission refers Greece to court over hazardous waste

The EU Commission has referred Greece back to the European Court of Justice for its poor treatment of hazardous waste, five years after it was first ...


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Mayors Continue To Deny Aiding the State In Evaluation Scheme

Greek Minister of Administrative Reform Kyriakos Mitsotakis will pass on to Supreme Court prosecutor Efterpi Koutzamani the personal details of the five mayors who have refused to provide the Ministry the relevant data needed for the ongoing evaluation of civil servants. In his report, Mitsotakis named the mayors of the municipalities of Halandri, Zografou, Nikaia in Attica, Larissa in northern Greece and Patra in the Peloponnese. The five mayors have obstructed public administration inspectors from obtaining the data that lower-level municipal officials have also refused to submit. The number of mayors refusing to cooperate with the government over the evaluation of civil servants is increasing day-to-day. Apart from the 19 who stated last week that they would not send their employees’ details to the Administrative Reform Ministry, as well as the five aforementioned, another three municipalities – Nafplio, Perama, Holargos – voted in favor of blocking the evaluation process. The move, which the minister heralded on Wednesday in comments made on Mega TV’s morning program, caused tensions between the coalition government and the left-wing, opposition SYRIZA party. Rena Dourou, the new, leftist Governor of Attica, has openly expressed her support to all mayors who are opposed to this evaluation scheme. The government aims for the evaluation process to lead to 15 percent of civil servants being either retrained, moved to more appropriate positions or dismissed. The 19 mayors – building off support voiced by Attica Governor Rena Dourou – have refused to provide the required information for the employees’ qualifications crosschecking to the Ministry of Administrative Reform. In his comments to Mega, Mitsotakis blasted Dourou for resisting efforts to review public sector employment contracts and for insisting that the evaluation scheme, one of the troika’s many demands, is illegal. On a visit to President Karolos Papoulias on Wednesday, Mitsotakis played down the growing tensions over the civil service scheme as a “small crossing of swords.” But he went on to note that he was determined to see the law enforced.


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Court of Human Rights Slams Greece for Inhumane Detention Conditions

On Thursday, the Court of Human Rights accepted the appeal of 16 prisoners of Greek, Romanian, Ukrainian, Turkish and American origin currently held in detention in Nafplio. Greece was condemned for the violation of Article 3 of the Human Rights Convention, which prohibits inhuman or degrading treatment. The prisoners had complained about inhumane detention conditions and overcrowding of Nafplio’s prison. The Court of Human Rights ruled that Greece must compensate each prisoner with an amount ranging between 5,000 and 15,000 euros, as well as 2,000 euros for trial costs and expenses. Greece has been repeatedly condemned by the European Court and a number of humanitarian organizations for the state of its detention conditions, the mistreatment of prisoners, as well as squalid living conditions in prisons across Greece.


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Morning Buzz: National Bank of Greece (ADR) (NYSE:NBG), Ford Motor Company (NYSE:F ...

National Bank of Greece SA (ADR) (NYSE:NBG) has hired banks including Goldman Sachs Group Inc. to sell as much as 40 percent of Turkish unit ...


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Guardian Tribute to Major Art Exhibition in Athens

The British newspaper The Guardian recently made an extensive tribute to artist Tino Sehgal’s forthcoming exhibition in Athens. The exhibition, which will be held at the Roman Agora in central Athens on September 25-28, focuses on peripatetic philosophy. According to the article, the event is “a great way to keep ancient Greece alive.” Art critic Jonathan Jones wonders: “How do you keep ancient Greek civilization alive in the 21st century? Tino Sehgal’s new show – or event, or whatever this artist of social interaction work ought to be called – is at the Roman Agora in Athens.” The Berlin-based artist has made a career of presenting fascinating, interactive events in public spaces. He was shortlisted for the Turner prize. “Now he’s bringing his state-of-the-art actions to the ancient city whose most famous work of art, up to now, was the 5th century BC Parthenon and its missing sculptures,” writes Jones. The writer focuses on the “encounter between old and new,” saying that Sehgal’s work and exhibition are smartly linked with the classical cultural first documented in Athens. The article also references Socrates, Plato and Sehgal’s previous works. The exhibition will be presented by the non-profit organization NEON. It takes place September 25-28 at the Roman Agora. Exhibition hours are 8 am to 8 pm.  


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Vassilis Paleokostas: Greece's Robin Hood?

Researched and written by Los Angeles-based British journalist Jeff Maysh, The Uncatchable takes ...


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The legal business: The default choice

Get me my lawyer! RARE is the finance minister of a developing country who does not have Cleary Gottlieb Steen & Hamilton on speed-dial. Cleary, based in New York, has long been the go-to law firm for governments in debt crises. Since 1983 the firm has advised 28 sovereign debtors in 54 restructurings. Its recent clients include Greece and Iraq, as well as sturdier places like South Korea. Cleary’s lawyers have reaped both fame and fortune as a result: a survey of 17,000 lawyers by Vault, a jobs site, ranked it America’s seventh most prestigious firm. Its profit per partner of $2.9m last year ranks it 12th, according to American Lawyer magazine.In 2014, however, the firm’s sovereign litigation clients have had a year to forget. In July arbitrators in The Hague ruled that Russia had illegally expropriated Yukos, a big oil company. They ordered the government to pay shareholders $50 billion, 20 times the previous record for arbitration. Argentina has suffered three setbacks at America’s Supreme Court. In March the justices reinstated a $185m award against the country. Three months later, they let a ruling...


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Greek toy seller Jumbo posts profit rise, beats target

Consumption in Greece has been hammered by a six-year austerity-induced recession, which has wiped out about a third of Greek household income ...


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Greek toy seller Jumbo restores dividend after profit rises

ATHENS, Sept 25 (Reuters) - Leading Greek toy retailer Jumbo reported a 37 percent rise in annual net profit on Thursday and said it was reinstating ...


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Greek Cyprus launches rescue mission for 300 refugees off coast

A handout image released by the Greek Cyprus Defense Ministry on Sept. 24 shows a large fishing trawler overloaded with people in the ...


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Tucson Greek Festival kicks off

TUCSON - After a year of hiatus the Tucson Greek Festival at St. Demetrios Greek Orthodox Church will be back in full swing. The festival was ...


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Thermal hydrolysis to treat sludge on Greek island

Greek construction company Aktor has awarded Cambi a contract for the installation of its Thermal Hydrolysis (THP) B6 system at Psyttalia Island ...


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Samaras Continues Push For Greek Energy Role

I am a reporter and researcher focused on energy, political and economic issues in the Mediterranean and have spent much of the last fifteen years working and reporting from the region. Over the last ...


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Book Tells Story of a Swiss Painter’s Love Affair with the Island of Sifnos

NEW YORK - Artists have fallen in love with one corner of Greece or for centuries. The Greek House - The Story of a Painter's Love Affair with the Island of Sifnos by Christian written with Tim ...


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Greek Presidency No Politicians Need Apply

With growing prospects that the election of a new Greek President in February, 2015 could be blocked by the major opposition Coalition of the Radical Left (SYRIZA), the country’s ruling parties ...


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Greek tourism Things are looking up in 2015

ATHENS, Greece - Greece is set to become an even more popular destination for British and German tourists next year, according to provisional data on the back of a record season that is now nearing ...


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Merkel and Samaras: Dialogue Between Foreigners

Greek Prime Minister Antonis Samaras did not please German Chancellor Angela Merkel. He spoke indirectly but clearly in Berlin. The post Merkel and Samaras: Dialogue Between Foreigners appeared first on The National Herald.


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FIFA Upholds Santos Ban

Portugal's new coach - former coach of Greece - Fernando Santos lost his appeal against an eight-match FIFA ban for World Cup misconduct. The post FIFA Upholds Santos Ban appeared first on The National Herald.


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Clifton, NJ Eatery Closes

CLIFTON – After more than half a century The Famous Midtown Grill in Clifton, NJ has closed. “The grill, known for its burgers, hotdogs, and Greek fare, opened in 1959 at 1218 Main Ave. It was sold to the most recent owners, Gerasimos ‘Gerry’ Dimitratos and Dimitrios Doris in 1998…Dimitratos would not say why the […] The post Clifton, NJ Eatery Closes appeared first on The National Herald.


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Greece To Build New Metro Line

One of Greece's successes, a gleaming Metro system, will get a new line through the city, with construction set for the end of 2015. The post Greece To Build New Metro Line appeared first on The National Herald.


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Cruising the Greek Islands: Patmos

The day that we visited Patmos, September 14th, is a feast day in the Greek Orthodox Church: The Feast of the Exaltation of the Cross, marking the ...


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Greece condemns execution of French hostage in Algeria

Greece has condemned the execution of a French hostage in Algeria by militants linked to the Islamic State jihadi group. “We condemn in the most unequivocal manner and express our profound sadness and outrage at the barbaric and inhuman execution,” said a... ...


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Cyprus cruise liner rescues 300 refugees [Update]

A cruise liner returning from Greece was pressed into action in rough seas off Cyprus Thursday to rescue some 300 people thought to be Syrian refugees whose trawler had run into trouble. The refugees, mostly women and children, were loaded aboard the Sala... ...


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European court orders Greece to compensate Nafplio prisoners over treatment

The European Court of Human Rights has ordered Greece to pay sums ranging from 5,000 euros to 15,000 euros in damages to each of the 14 inmates of Nafplio Prison who appealed against what they described as degrading treatment at the penitentiary instituti... ...


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SYRIZA MPs meet BoG governor in wake of 'bank run' comments

A delegation of MPs from leftist SYRIZA met on Thursday with Bank of Greece Governor Yannis Stournaras in the wake of comments by the spokesman for New Democracy's parliamentary group, Adonis Georgiadis, according to which a potential rise to power by the... ...


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