ATHENS, Greece (AP) — Costas Mitroglou scored the final two goals in Olympiakos' 5-0 win over Kalloni in the Greek league Sunday, in the already-crowned champion's final home game of the season.
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Sunday, May 3, 2015
Black economy is the one thing still booming in busted Greece
Four years ago, Nikolas faced financial ruin. Greece's economic catastrophe had bankrupted the government and his electrical business was going ...
Trading in Greek Government Bonds Slows to a Trickle
Greece’s standoff with creditors has investors speculating once again about the impact of a default on its debt or the country’s exit from the euro. What it hasn’t done is spark much trading in Greek government bonds. Only €2 million ($2.24 million ...
The Decemberists appeal to heart and mind in Greek show
The Decemberists' Colin Meloy performs with his band at the Greek Theatre on Saturday in Los Angeles. ARMANDO BROWN, CONTRIBUTING ...
Government too conscious of its image
Negotiations with Greece’s lenders may have picked up pace recently but an interim agreement does not seem feasible at this time. Therefore, the SYRIZA-led government will have to make some tough decisions until the next Eurogroup on May 11. It is hard to guess what Prime Minister Alexis Tsipras will finally do but a compromise, even a politically painful one, is better than the alternative.
Bankers call for a quick deal to get economy back on track
The heads of Greece’s four systemic banks stress the need for an agreement between the government and the country’s international creditors to end uncertainty and put the economy back on the path to growth.
Work to Repair Damage at Looted Zominthos Dig to Begin on Monday
Greece’s culture ministry has announced that work will begin on Monday to restore damage caused by illegal digging carried out by looters at the Zominthos archaeological site, on Mount Psiloritis on Crete. According to experts, there are signs that the site was vandalized and disturbed. In an announcement issued on Sunday, the ministry reported damage in three of the 42 rooms uncovered by the official archaeological excavation. It said the illegal diggers had gone through the floor and destroyed a section of the southern wall of one room, that the base of a pillar found on the site had been moved and broken, while in rooms 35 and 26 there were signs of disturbance and illegal digging. The ministry’s deputy general secretary Maria Andreadaki-Vlazaki paid a visit to the site on Saturday and a decision was made with the head of the antiquities ephorate and the head of the dig to begin work to restore the damage immediately. (source: ana-mpa)
Tenders add term for ‘other currency’
As uncertainty about Greece’s future in the eurozone grows, the first official documents making reference to “payments in euros or any national Greek currency at the time” have made an appearance, at the Municipal Port Fund of Rethymno, Crete.
Two killed, around 20 wounded in clash between inmates
Two men were killed and at least 20 wounded in a violent clash between inmates at the Greek capital's Korydallos Prison on Sunday.
Greece cites progress in talks with EU/IMF lenders, aims for May deal
ATHENS (Reuters) - Negotiations between Greece and its international lenders over reforms to unlock remaining bailout aid have made headway and an agreement could be closer this month, a government official said on Sunday. "There were very important steps made at the Brussels Group (talks) which bring an agreement nearer," the official said, declining to be named. "All sides aim for an agreement at a Brussels Group level within May. ...
St. Nicholas Benefit Concert in Reading, PA Helps St. Nick’s
The St. Xenia Philoptochos Society of Sts. Constantine & Helen Greek Orthodox Church in Reading, Penn. raised $20,000 to help rebuild St. Nicholas in NY. The post St. Nicholas Benefit Concert in Reading, PA Helps St. Nick’s appeared first on The National Herald.
100 days of solitude: Syriza struggles as Greeks once again stare into the abyss
As Syriza nears its 100th day in office, Alexis Tsipras walks a fine line between eurozone compromise and being accused of submitting to Angela Merkel In the countdown to Syriza marking 100 days in office, Greece got its first crisis monument. Arms outstretched, mouth wide open, his face locked in despair, the sculpture depicts a man dangling from a financial index in free fall. Below, his world of concrete and stone lies broken and smashed.Officially known as the “crisis work”, the art piece has attracted a steady flow of spectators to the place where it has been erected, in the shadow of a bridge on the boulevard that connects Athens to the sea. Flowers lie next to it as if in mourning for all that has passed. Continue reading...
New Silk Road May Help Greece If Syriza Allows China to Invest
One major factor contributing to Greece's recession since 2010 has been the downfall of international investment. Multinational companies with ...
Athens prison brawl leaves at least 2 dead, 21 injured
ATHENS, Greece (AP) — Greek authorities say a brawl at an Athens prison has left at least two inmates dead and 21 others injured, many seriously.
Tennis: Oman's Fatma completes a double in Greece
Muscat: Fatma Al Nabhani completed a double at the $10,000 ITF Pro Circuit Heraklion tournament in Greece when she won the sinlges crown on ...
Greece races to bridge gap with creditors before deal
Tourists visiting an archaeological site in Delphi, central Greece. Greek Prime Minister Alexis Tsipras remains confident of closing a deal with its ...
Greek Shops Οpen for Mid-season Sales Sunday, Amid Protests
Most shops in central Athens, Greece , were open on Sunday, under laws allowing Sunday opening during the mid-season sales, despite reactions on the part of the Federation of Private Employees of Greece against the measure and demonstrations organized by ...
Capital flight from banks, stocks, bonds
The flight of capital from the Greek market continued unabated in April, according to sector professionals, a trend that has not only affected deposits ...
Santorini Volcano Returns to Dormant State
After three years of increased activity the volcano on the Greek island of Santorini has returned to its dormant state, according to the newspaper Kathimerini. Experts from the Institute of Geology and Mineral Exploration (IGME) spoke with the Greek newspaper after their annual inspection of the Santorini volcano, noting that the seismic activity and physicochemical parameters have returned to normal levels, while the changes to the volcano’s rim have stopped. Furthermore, they added that the repercussion of a possible eruption would not be as horrible as everyone believes. “We know that even if there was an eruption in 2011, it would be a perfectly manageable situation, similar to that of 1925-1926,” said Giorgos Vougiouklakis, a scientist at IGME. “Volcanoes always give you a warning. If the volcano is systematically monitored and the state is well-prepared, an eruption could even work as a magnet for tourists. This is the sort of situation we are talking about, so let’s not engage in scaremongering.” Santorini is the most active volcanic centre in the South Aegean Volcanic Arc, though what remains today is chiefly a water-filled caldera. The volcanic arc is approximately 500 km long and 20 to 40 km wide. The region first became volcanically active around 3–4 million years ago. The island is the site of one of the largest volcanic eruptions in recorded history: the Minoan eruption, which occurred some 3600 years ago at the height of the Minoan civilization. The eruption left a large caldera surrounded by volcanic ash deposits hundreds of meters deep and may have led indirectly to the collapse of the Minoan civilization on the island of Crete, through a gigantic tsunami. Another popular theory holds that the Minoan eruption is the source of the legend of Atlantis.
Panathinaikos Basketball Team Dismisses Coach Ivanovic
Panathinaikos announced the dismissal of Dusko Ivanovic, the basketball team’s coach through an official statement. The team’s poor performance against Olympiakos which Panathinaikos lost its advantage, as well as the team’s exclusion from the Euroleague Final 4 lead to the decision to dismiss Ivanovic. Sotiris Manolopoulos, a former coaching staff member will take over as a temporary coach, until the club can find a replacement. According to Eurohoops, former Greek basketball player Panagiotis Giannakis is being considered for the position. However, Panathinaikos’ representatives are denying the rumors and they stressed that no contact has been made between the two parties. “Panathinaikos announces the termination of its cooperation with Dusko Ivanovic and thanks him for his contribution to the team. The coaching responsibility will fall to Sotiris Manolopoulos until a replacement for Ivanovic can be found,” noted the official announcement.
Greek Tourism Minister Opens Nafplio's 2nd Mediterranean Yacht Show
nafplio-yacht-show Greek Tourism Minister Elena Kountoura underlined the importance of tourism for Greece's economy and the need for stability so ...
'Progress' in Greek debt talks after Finance Minister Yanis Varoufakis sidelined
BRUSSELS: Greece and its European creditors are finally making progress only days after combative Finance Minister Yanis Varoufakis was ...
Lafazanis: Greece must chart an alternative course leading towards 'new socialism'
Greece must cut loose from memorandums, austerity and neoliberal ideas and chart an alternative course toward a "new socialism" - one going beyond the failures of "real existing socialism," Productive Reconstruction Minister Panagiotis Lafazanis said in an interview with ...
Merkel Condemns Anti-Semitism at Nazi Camp Remembrance
“We see this in the discussion in Greece and also in other European countries. We Germans do have a special responsibility to deal in an aware, ...
Greek finance minister denies new bailout necessary
Greek Minister of Finance Yanis Varoufakis on Saturday said that Greece would not require a new bailout from its international creditors if they would ...
Fr. Christopher Metropulos Elected President of HCHC.
NEW YORK – V. Rev. Dr. Christopher T. Metropulos has been elected president of Hellenic College and Holy Cross Greek Orthodox School of Theology. According to the official press release of the Archdiocese of America, “Following a rigorous search process that began in October 2014, the Board of Trustees of(HCHC) today, May 1, 2015, voted […] The post Fr. Christopher Metropulos Elected President of HCHC. appeared first on The National Herald.
Greek tragedy despite billions
Five years into the biggest bailout of a debtor in history, Greece is closer to the brink than ever, with time running out to avert a bankruptcy that could ...
Greece could release hitman convicted of assassinating British diplomat 15 years ago
The Marxist-Leninist November 17 is named after the date when Greece's military junta crushed a student revolt in 1973. US, British and Turkish ...
Monkey Cage: Is GREXIT a menace to Greece's stability?
Greeks wave their countrywide flag. (Petros Giannakouris/AP) As the risk of GREXIT looms, it is good to talk to what, if any, effects these types of an ...
Government battling for mutually beneficial agreement, Greek minister says
Charging a "systematic effort from some quarters" for the cancellation of what had been agreed, Greek Minister of State Alekos Flambouraris said in an interview with the Sunday edition of the newspaper "Avghi" that the government was fighting ...
Greek Parliament speaker welcomes German president's call for possible WWII 'redress'
ATHENS, Greece — A top Greek lawmaker has welcomed German President Joachim Gauck's call for his country to consider World War II redress to ...
Turkey says deliveries of Greek Cyprus gas via Egypt unfeasible
A mulled option of delivering gas from Greek Cyprus via Egypt has been called unfeasible by Turkey's energy minister, the state-run Anadolu agency ...
Yanis Varoufakis: Athens has not sidelined me
Euclid Tsakalotos, Greece's Oxford-educated minister for international economic affairs, was then appointed in Mr Varoufakis's place by Greece's ...
No loan needed if debt restructure: Greece
Greek Finance Minister Yanis Varoufakis has insisted that Greece will not require a new bailout from its international creditors if they will simply ...
Athens cheers German president's stance on WWII reparations to Greece
Greek authorities have welcomed the recent statement of German President Joachim Gauck, who said that Germany should consider paying WWII ...
Medical Association denounces Social Clinic for the poor as “illegal” & creating “unfair competition”!!!
Greece is a country always good for surprises! And here comes a painful injection to the hundreds of volunteers offering their services to the poor of the IMF-austerity hit country. After a couple of years of social practice and solidarity in the field of health care and 51 units across […]
May 3: International Eat a Pitogyro Day
This year a different kind of event was organized in Greece. An event with no distinctions between gender, religion or nationality, with no relation to religious holidays. An event that was created to commemorate the great discovery of pitogyro, a Greek food that includes pita, gyro, tzatziki and condiments. The International Eat a Pitogyro Day was established by Thessalonians through Facebook, with thousands declaring their intention of participating in the “celebration.” As of 2015, the International Eat a Pitogyro Day — the name of the Facebook group that promoted it — will be celebrated on May 3. “This event has been created to honor the great discovery of pitogyro. Eat gyro, because YOLO (You Only Live Once),” noted the event organizers on their Facebook page. However, they did not forget about their crisis and jokingly added that there would be no free food. It’s a BYOP event – Bring Your Own Pitogyro. After the event success in Thessaloniki, people in Patras have announced that they will also be taking part in this celebration to honor their favorite Greek food. The announcement and organization of International Eat a Pitogyro Day shows that even during difficult times, Greeks never lose their sense of humor.
Greece lauds German president's call for possible redress
ATHENS, Greece (AP) — A top Greek lawmaker has welcomed German President Joachim Gauck's call for his country to consider World War II redress to Greece as a gesture "of historical significance."
Is GREXIT a threat to Greece's security?
Rising numbers of illegal and undocumented migrants with ethno-religious differences from the generally homogenous Greek population is a problem ...
Greek PM to Meet With Creditors after Obstacles in Brussels
Greek Prime Minister Alexis Tsipras is planning to meet with the heads of Greece's creditors over the next few days, in an attempt to arrange a ...
Greek Minister Lafazanis: 'If SYRIZA Misses Targets, it Must Go'
lafazanis Greek Minister of Production Reconstruction Panagiotis Lafazanis alluded that SYRIZA should hand over power, if the government is not ...
US, Israel, Greece end joint sea-air maneuver
The US Sixth Fleet and the Israeli and Greek air forces Sunday wound up a joint war game lasting two weeks opposite Greece. It focused on ...
Greece Central Superintendent Retiring
Dean-Williams has been Superintendent of Greece schools for four years. In her letter to staff Dean-Williams says she wants to thank all the district, ...
Trader profile: Volatility from possible Greek exit can be an opportunity
The main current risk factor is the possibility of a Greek exit from the euro zone, thus the dollar remains a buy-on-dips against the backdrop of a Fed ...
Greece Aid Talks Gain Urgency as Breakthrough Remains Elusive
Greek Prime Minister Alexis Tsipras has said he aims for enough progress in technical talks in Brussels and Athens to allow the ECB to relax liquidity ...
Chapman wins Greek title as Penty goes close
Fontaine Chapman, the England No 1, won the Hellas International women's singles title on Sunday, but Toby Penty fell just short of bagging two ...
Andrew Symeou tells how he was framed for Jonathan Hiles' murder in Greece
Andrew Symeou was held at Korydallos, a notorious Greek prison, after being arrested for the murder of a Cardiff teenager, who died after being attacked in a nightclub in Zante.
Pay by plastic to fight Greek tax cheats
Greece's tourism chief has appealed to tourists planning to visit the crisis-hit countrythis year to use credit cards as much as possible to fight tax ...
Greece claims 'deal is close' as country fights to remain in eurozone
Greece is edging closer to a deal with its European creditors that will unlock vital financial aid to Athens and secure the country's future in the ...
Delivering Greek Cyprus gas via Egypt not feasible: Turkey
Leaders from Egypt, Greece and the Greek Cypriot administration gathered on April 29 to discuss the possibility of delivering Greek Cyprus's natural ...