A Greek hotel has been voted Europe’s best all-inclusive unit, as a poll of TripAdvisor’s online users showed that the Ikos Oceania Club in Halkidiki is considered the continent’s best and is the only European entry in the world’s top 25 all-inclusive hot... ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Thursday, November 13, 2014
House prices continue to slide
Residential property prices remained on a downward course in the third quarter of the year, as according to Bank of Greece data released on Thursday the average price dropped by 7 percent on an annual basis and completed a 7.8 percent total decline in the... ...
Greece Getaway Update – 3 Beautiful Sea View Rooms Left, Join Rabbi Dovid Orlofsky in Greece ...
We are gearing up and excited about the upcoming Greece Getaway on November 26-December 1st with Nesivos/Jewish Legacy Tours and led by ...
Intact Macedonian Tomb Discovered in Northern Greece
Greek-Tomb-Gold-Bowl VERGINA, GREECE—According to The Greek Reporter, an intact tomb dating to the fourth century B.C. has been discovered ...
The Geek vs. The Greek: NFL Picks, Week 11
The Greek says: The bleeding stops here for the Bolts as they halt their losing streak and blow by the Raiders like fallen Leafs. Pick: Chargers ...
Greek orthodox church to host bake sale
ROCKFORD — Sts. Constantine and Helen Greek Orthodox Church, 108 N. Fifth St., will host its annual bake sale and bazaar from 10 a.m. to 4 p.m. ...
Tim Geithner: The 3 Words That Saved The Euro Were Ad-Libbed
"Whatever it takes:" Those three words, uttered by European Central Bank president Mario Draghi in July 2012, are some of the most important words ever spoken in Europe's history. They may have rescued the European monetary union. And they were ad-libbed. That's the claim of former U.S. Treasury Secretary Tim Geithner, according to a transcript of an interview he gave in preparation for his recent memoir. The transcript was obtained by the Financial Times, which first reported Geithner's claim about Draghi's remarks. According to Geithner, when Draghi pledged in a speech in London to do "whatever it takes" to deal with Europe's sovereign-debt crisis and "preserve the euro," he was making it up as he went along. Draghi, Geithner says, hadn't cleared his line-in-the-sand statement with anyone before he made it and wasn't even sure what policies he could or would use to back it up. Geithner, through a spokeswoman, declined to comment to The Huffington Post. An ECB representative also declined to comment. This is, of course, only Geithner's version of events. The Telegraph's Ambrose Evans-Pritchard is skeptical. Evans-Pritchard writes that Draghi did consult with German officials –- the European Union's de facto center of gravity –- before announcing the bond-buying program that backed up his words a month later. A senior official at the German Finance Ministry even bragged a few weeks before Draghi's comments that “nothing flies in the eurozone right now without our permission.” That would seem to include ultimatums promising to ensure the integrity of the European Union itself. The German Finance Ministry did not return a request for comment. The German official's bluster could be just that, but there is a lot of truth to it. One of the main factors, if not the main factor, constraining Draghi's response to the European crisis was Germany's refusal to offer any aid to countries like Greece and Italy without harsh, often self-defeating terms. If Geithner is correct, if Draghi really did spring his "whatever it takes" line without consulting the Germans, then Draghi was very clever to do so. It put the Germans in a box, forcing them to accept a public statement they likely would not have agreed to had it been pre-negotiated. Things in Europe would have gotten much, much worse if Draghi had not made his statement. And Draghi likely knew that there was a good chance he could make things better simply by making that statement, even if he had no plan to back up his words at the moment he uttered them. Draghi's statement, and the bond-buying policy that followed, had a huge impact on the stability of European debt markets. Before, Spanish ten-year bonds were hitting yields of almost 8 percent. They've been dropping ever since and are now just above 2 percent. The bond-buying plan Draghi used to back up his statement, known as Outright Monetary Transactions, or OMT, has worked despite never being enacted. Simply announcing that it existed -- not long after declaring that whatever the central bank did, "believe me, it will be enough" -- was enough to calm markets. Draghi understood that saying "whatever it takes" would force recalcitrant policy makers to act and markets to recalibrate. It's what academics call a "performative utterance:" Saying it makes it so. It was smart, close-to-spontaneous politics. And it likely saved the European Union.
Greece woman charged with fake fundraiser scam
A Greece woman faces criminal charges after being accused of soliciting money door-to-door for a school fundraiser but not delivering the goods.
Greece's Neo-Nazis Were Scarier Than Anyone Imagined
ATHENS, Greece — In the prosecutors' 697-page case file, he is known only as Witness E -- a Golden Dawn ex-member turned state's informant.
ELSTAT: Greek Unemployment Fell to 25.9% in August
Greek unemployment rate fell to 25.9% in August, 0.2% lower from 26.1% in July and 1.9% lower from August 2013, it was announced by the Hellenic Statistical Authority (ELSTAT) earlier today. The decrease within a 12-month period is reflecting the record arrival of tourists in the country, the Authority underlined. Unemployed Greeks totaled 1,242,219 last August, while, in contrast, the number of employed people were 3,551,148, 0.9% more than in August 2013 but 0.4% less than July 2014. At the same time, the number of unemployed people fell by 112,186 in August, 8.3% down compared to August 2013 and down 1.6% compared to July 2014. The unemployment rate among women was 29.5% in August 2014, 2.5% down from August 2013, when it reached 32%. Similarly, the unemployment rate among men was 23.1% in August this year, 1.5% down from the same month in 2013, when the rate reached 24.6%. Youth unemployment rate also recorded a decrease in August 2014. Unemployment among young people aged 15-24 was 49.3% in August 2014, 9.3% lower than the same month in 2013, when it was 58.6%. During the same period, the unemployment rate among ages 25-34 fell to 32.7% from 37.7% last year (5% down), while in the age group 35-44 it fell to 22.5% from 24% (1.5% down), in the 45-54 age group it fell to 20.2% from 20.7% (0.5% down). In contrast, unemployment in the 55-64 age group rose to 16.6% from 15.8% (0.8% up) and in the 65-74 age group rose to 13.5% from 8.9% (4.6% up). The country’s region with the highest unemployment rate in August 2014 was Eastern Macedonia and Thrace with 27%, followed by Attica with 26.9%, and Epirus and Western Macedonia with 26.6%.
British Airways: New Direct Flights to Rhodes and Crete
After Delta Air Lines, which announced new direct flights from New York to Athens starting from summer 2015, yesterday British Airways also announced plans for increasing the frequency of flights to Greek destinations. According to the company’s announcement, two new direct flights will connect London’s second largest airport, Gatwick, with the popular islands of Rhodes and Crete, starting from the upcoming summer season of 2015. British Airways will operate two extra weekly flights to Rhodes, starting from April 29 and four weekly flights to Heraklion, Crete, scheduled for Tuesdays, Thursdays, Fridays and Sundays. As the company underlined, the direct flights to the two Greek islands will be carried out until the end of the touristic period, while the British company already operates direct flights to other popular Greek summer destinations, such as the islands of Kos, Corfu, Mykonos and Santorini. Apart from these, British Airways operates on a daily basis to Athens and Greece’s second largest city, Thessaloniki. The cost for flights to Rhodes starts from 237 GBP and as the company underlined it is “the most visited of the Greek Islands – it’s clear to see why so many people are charmed. A beach lover’s paradise – the island is fringed with glorious sands and bright blue waters, which are superb for diving. One of the best-preserved Old Towns in Europe, its medieval past is still very present in the architecture and character of the older areas. The buzzing nocturnal scene of Faliraki, the peaceful allure of Ixia and the impressive hot springs of Kallithea provide a wonderful contrast, which can been seen across the island.” Accordingly, the cost for flights to Heraklion starts from 69 GBP (one way). “Heraklion provides easy access to some of the island’s most popular holiday destinations, but the vibrant city center is not to be overlooked. Heraklion ticks all of the shopping, dining and sightseeing boxes of a city break. While the surrounding resorts will entice you with their stunning coastlines, embrace the glorious beaches by day and vibrant nightlife by night,” British Airways highlighted.
Child obesity rates increased during crisis
A new study points to an increase in child obesity during the years of Greece’s economic crisis, reversing an apparent stabilization of the phenomenon in the years prior to that. The proportion of primary school children in Attica deemed to be obese rose ... ...
Greek cement maker Titan's Q3 profit jumps, boosted by weaker euro
ATHENS Nov 13 (Reuters) - Greek cement maker Titan said on Thursday its third-quarter net profit more than tripled, helped by foreign exchange ...
MHS goes Greek for fall play
Construction of the new performing arts center at Maryville High School isn't stalling this week's production of “The Greek Mythology Olympiaganza,” ...
Greek stocks pull out of nose dive
After racking accumulated losses of 9.35 percent in the previous four sessions, Greeks stocks finally reversed course on Thursday. Athens Exchange (ATHEX) general index ended at 883.54 points, adding 1.29 percent to Wednesday’s 872.31 points. The large-ca... ...
Greek psych band Acid Baby Jesus ready new LP (stream it)
Greek psych rockers Acid Baby Jesus are set to release their new album next week via Slovenly. Titled Selected Records, as it implies it collects various recordings the band have made over the last couple years, some of which has seen the light of day on ...
Record-Breaking 2014 Season at Greek Theatre, LA
LOS ANGELES, CA (November 13, 2014) – Nederlander Concerts announced today that the Greek Theatre's 2014 season, in a fourth year of consecutive growth, has generated more revenue for the City of Los Angeles than any prior year.
‘Nisos’ Beer Wins First Silver Medal for Greece
Greek beer “Nisos” won the silver European Beer Star Award in the category Bohemian Pilsner in an international competition that took place in Bavaria, Germany, yesterday. This is the first time ever that a Greek beer wins such an award. Nisos (island in Greek) is brewed on the island of Tinos. The microbrewery is in the Vaya village and it was founded by Alexandros Kouris, Maya Tsokli, Elina and Costis Dellis. Tsokli is a well-known Greek journalist and travel commentator. The first batches appeared in liquor stores, bars and restaurants in April 2013. Since then, its flavor has won many beer drinkers in Greece. The founders say that Nisos was inspired by the rich colors and flavors of the Greek islands, the golden sun, the blue sea and sand of the Aegean Sea. It is also the work of local artisans, using the finest quality ingredients growing in the Greek soil. In the Bavarian competition, 1,613 beers from 42 countries from all continents were tasted. The evaluation was conducted by 105 judges who undertook blind tasting. The contest judges evaluated taste, color, flavor, and overall impression. Competition was hard, as the 17-month-old microbrewery had to compete against beer makers with hundreds of years of tradition. However, the Greek pilsner excelled against tough competitors from the Czech Republic, Germany and the U.S. Kouris and Tsokli said that they went to receive the award as ambassadors of Tinos and Greece and not as entrepreneurs. They went on the podium wearing T-shirts with the Greek flag and the word ‘Tinos’ written on them. After receiving the award, Kouris stated, “The whole Nisos team is especially proud and excited. We have been on the market for only 17 months and we dared enter the competition for the experience of participation. We knew that we make a good beer but did not expect to take second place on the podium.” “Now, for the first time, Greece is placed on the world map of top beers. Incredible but true,” Kouris concluded.
Alcohol Consumption in Greece Halved Due to Recession
It seems that Greeks cannot afford to drown their recession sorrows in booze, an Infobank Hellastat study showed. The figures released show a 45% decline in alcohol sales since the start of the recession in 2008, according to a report from Greek newspaper “Kathimerini.” The study showed that alcohol consumption has dropped significantly, particularly in bars, clubs, cafes and restaurants, places that were swarming with people before the recession. Also, Greeks seem to drink about half of what they used to drink at home. Total consumption of alcoholic drinks in 2013 dropped below 1.2 million liters, when in 2008 Greeks consumed 2.26 million liters. Whiskey is reported to have suffered the greatest decline, followed by ouzo. However, last year’s drop was considerably smaller than that seen in previous years. The study also showed that other than the general economic downfall, continuous taxation hikes led consumers to buy less alcohol. The special consumption tax on alcohol has increased by 125 percent since early 2009. The special tax has driven the average cost of imported spirits to 25.50 euros per liter, while locally produced spirits cost an average 12.75 euros per liter. However, the 1% increase in alcohol sales in 2013, hints that the downturn may stop. Last year, 1.68 million liters of alcohol were sold in Greece. But the slight increase is attributed mostly to exports, and mainly those of ouzo. Greek ouzo manufacturers have benefited from the increase in overseas demand, thus balancing losses from domestic sales. Also, the recession has forced many Greek consumers to turn to homemade spirits, such as tsipouro, and to contraband spirits.
Foreign 14-year-old faces charges of desecrating Greek symbol
A 14-year-old boy was to face a prosecutor in Halkidiki, northern Greece, on Thursday on charges of desecrating a national symbol after he allegedly removed the Greek flag from the yard of his former school in Nea Moudania and hid it in nearby shrubs. Acc... ...
Workers at the Greek Council for Refugees unpaid for 6 months
Workers at the Greek Council for Refugees have issued a statement saying that they have not been paid for six months. The employees claim that the government has not released the necessary funds for programs run by the organization even though two-thirds ... ...
Dining In The 239: Greek Gourmet serves traditional cuisine
The Greek side salad is fresh romaine lettuce, cucumber and tomato topped with house-made dressing accented by oregano and accompanied by a ...
'Greek justice system is absolutely appalling'
Brown further accused the Greek authorities of racial discrimination, arguing that ethnicity and the fact that the case involved young black males, was ...
Controversial artist to perform Greek ritual in Copenhagen while naked
Controversial artist Uwe Max Jensen has revealed he intends to reinact the Greek Bronze Age ritual of bull-leaping (taurokathapsia in Greek) with a ...
Little girl treated for serious head injuries after door falls on her
A 7-year-old girl from Imathia, in northern Greece, was being treated for serious head injuries on Thursday at Thessaloniki’s Ippokrateio Hospital after a door fell on her under circumstances that remained unclear. Immediately after the incident, the girl... ...
Vodafone Greece mobile subscribers surpass five million
Mobile subscriptions for Vodafone's Greek unit rose from 4,938,000 at end-June 2014 to 5,020,000 by end-September, increasing by 82,000 in three months, and rising by 232,000 in a ...
Skeleton may unlock secrets of Ancient Greece's largest burial mound
ARCHAEOLOGISTS are hoping that a skeleton found in ancient Greece's biggest burial mound will reveal the mystery of who is buried there.
Greece vs Faroe Islands: Bottom of Group F clash at the Karaiskakis Stadium
Since Greece's strange World Cup outing in Brazil this summer - where they managed to get through Group C in second place despite only scoring ...
Greece Woman Arrested for Fraud
Vicki Umbrino , 46, of Greece was arrested and charged with Scheme to Defraud in the 1st Degree, a Class E Felony. Umbrino allegedly solicited ...
Greek, Turkish navies play cat-and-mouse on Aegean
Greek and Turkish navies experienced tension on the Aegean Sea on Nov. 12, after a Greek coastguard boat harassed Turkish fishers inside Turkish ...
BRIEF-Greek cement maker Titan Q3 net profit more than triples
ATHENS Nov 13 (Reuters) - Greek cement maker Titan says: * Q3 net profit at 27.6 million euros versus 7.2 million euros in the same period last year.
WorldViews: Yanni live in Iran? Officials clear the way for concert, but don’t seek tickets just yet.
Are Iran’s mullahs fans of Yanni’s jazzy stylings? The next months may tell. Iran’s gatekeepers for the media and arts, the Ministry of Culture and Islamic Guidance, have cleared the way for the Greek-born composer and musician to become of the rare Western performers to land a gig in the Islamic Republic. Read full article
Greece woman charged with scheme to defraud
A 46-year-old Greece woman is facing charges after police say she sold coupon books to individuals, saying the sales were part of a school fundraiser...
Crisis: Greece; unemployment drops to 25.9% in August
(ANSA) - ATHENS, NOVEMBER 13 - Greece's unemployment rate reached 25.9% in August, down from 26.1% recorded the previous month and ...
Light mag. 4.6 earthquake
Zola (Greece) (19 km SE from epicenter)(no details): Strong Vibrations.. Books on the shelves fell.. strong earthquakes during this week.. (via EMSC).
Greek riot police, protesters clash in Athens
Greek police have clashed with protesters marking the anniversary of a student uprising against the country’s military rule back in 1973. Security forces on Thursday fired tear gas and pushed back the demonstrating students who were trying to enter ...
Greek jobless rate dips below 26%
Greeks aged 25 to 34 were also struggling with an unemployment rate of 32.7 percent. Greece has been in recession for the last six years, having ...
Record-Breaking Year at the Greek Theatre Under Nederlander Concerts Management
LOS ANGELES -- Nederlander Concerts announced today that the Greek Theatre's 2014 season, in a fourth year of consecutive growth, has generated more revenue for the City of Los Angeles than any prior year. ...
Record-Breaking Year at the Greek Theatre Under Nederlander Concerts Management
LOS ANGELES, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Nederlander Concerts announced today that the Greek Theatre's 2014 season, in a fourth ...
How To Invest In A Potential Greek Revival
If both the IMF and the Greek government are correct in their forecasts, then this might be a time to look at some investing options. The first investment ...
Meet A Whole New Generation Of Street Art Emerging In Athens, Greece
“Graffiti is one of the few tools you have if you have almost nothing," Banksy famously proclaimed. "And even if you don't come up with a picture to cure world poverty you can make someone smile while they're having a piss.” The world's most recognizable street artist has a point -- graffiti has a tendency to pop up in dire times. And while it may not solve the world's pressing problems, street art has a way of grabbing the public's attention. Getty photography Milos Bicanksi recently took notice of the rise in contemporary graffiti in one particular location -- on the streets of Athens, Greece. As the country experiences the hardships connected with economic collapse and unemployment, a generation of politically-minded artists have turned public spaces into canvas. Their murals and street artworks run the gamut from hyperrealism to abstract cartoons, poetic text to expansive geometric landscapes. Bicanski has photographed it all. Take a look at the survey of Greek graffiti, wheat pastes and spray paint masterpieces below, provided without commentary for your viewing pleasure. Keep in mind, Athens is just one of the 21st centuries emerging street art meccas. Check out our previous coverage on global street art here. (All photos courtesy of Milos Bicanski/Getty Images)
Ross Barkley: David Beckham's free-kick against Greece was my motivation to play for England
Barkley said: "That was my first memory of England, watching that goal from David Beckham against Greece. "It was a great moment at the time and I ...
Greece: Good prospects seen for catastrophe insurance
Prospects for property insurance against natural catastrophes look good in Greece as recent disasters are expected to push up insurance take-up, ...
China Eyes Greece Investment as a Staging Post for EU Operations
Greece, along with the rest of the Balkan states, has been eyed by Beijing for quite some time as an ideal route for commercial, industrial and other ...
Tourism, culture ministries working together to promote Amphipolis findings
The Ancient Amphipolis tomb on Kasta Hill in northeastern Greece will most certainly attract a large number of tourists from across the world, Tourism Minister Olga Kefaloyianni said on Thursday. Addressing members of the press at the opening of the Philo... ...
38th Annual Greek Fest and Bake Sale
PANAMA CITY--Paris' favorite time of year is back and he took us live to the Greek Church on Baldwin Road to tell us about the 38th Annual Greek Fest and Bake Sale. This event is going on this Friday and Saturday, November 14th and 15th. Doors are open ...
Cash taken in Athens Greek Restaurant break-in
MANSFIELD – Someone broke into the Athens Greek Restaurant at 41 N. Main St. early today and stole cash, spending less than a minute inside the ...
Vangelis Composes Theme for Rosetta Space Mission
Oscar-winning Greek composer Vangelis (Papathanasiou) has been commissioned to write three musical numbers for the Rosetta ESA mission. The European Space Agency made history yesterday by landing the first spacecraft on the surface of a comet. The Philae spacecraft landed twice on Comet 67P/Churyumov-Gerasimenko. The confirmation was relayed via the Rosetta orbiter to Earth and picked up simultaneously by ESA’s ground station in Malarguee, Argentina and NASA’s station in Madrid, Spain. The signal was immediately confirmed at ESA’s Space Operations Centre, ESOC, in Darmstadt, and DLR’s Lander Control Centre in Cologne, both in Germany, according to NASA. The ambitious space mission will now have its own cinematic soundtrack. The ESA commissioned Vangelis to compose three pieces for Rosetta, concluding with “Rosetta’s Waltz” which has just been released. Vangelis is not new to composing space themes as in 2001 he had released the album “Mythodea: Music for the NASA mission: 2001 Mars Odyssey.” Inspired by the NASA mission to Mars, the album and the DVD of the concert at the Temple of Olympian Zeus site in June 2001 had a promotional tie-in with NASA. ESA has quoted him as saying, “Mythology, science and space exploration are subjects that have fascinated me since my early childhood. And they were always connected somehow with the music I write.” The Greek composer won the Oscar for Best Music for “Chariots of Fire” in 1981. A year later, he wrote the score to 1982 sci-fi epic “Blade Runner” that was nominated for BAFTA. Other soundtracks by Vangelis are Antarctica, 1492: Conquest of Paradise, Alexander, and the PBS documentary Cosmos: A Personal Voyage by Carl Sagan. He also wrote the music for the 2000 Sydney Olympic Games. Watch “Rosetta’s Waltz” here:
European Finance Ministers Planned to “Crush” Greek Economy in Quest for Revenge
The Financial Times, a London-based newspaper, in which Mr. Geithner describes a meeting of the Group of Seven (G7) in February 2010, republished the leaked documents. According to the documents, finance ministers from European countries entered the meeting and planned to punish Greece for overspending before the financial crisis of 2008. (adsbygoogle = window.adsbygoogle || []).push({}); European finance ministers conspired to “crush” the Greek economy and punish Greece for overspending, according to leaked documents from former U.S. Secretary of Treasury Timothy Geithner. European finance ministers conspired to “crush” the Greek economy and punish Greece for overspending, according to leaked documents from former U.S. Secretary of Treasury Timothy Geithner. read more
VIANEX-LILLY: THE GREEK FLAG FLIES IN CHINA
With the Greek flag next to the Chinese, were greeted at the premises of the pharmaceutical LILLY in Shanghai, the first batch of injectable antibiotic vancomycin, produced in Greece in the plant C of the leader of Greek pharmaceutical industry, VIANEX.