Their virtue has been rewarded, as it would be for others if they followed the same wise course. Germans’ view of Greece is informed by the popular view of themselves: Small wonder that a country that has chosen the opposite course of profligacy ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Thursday, March 5, 2015
Greece Performing Arts Society's winter concert 3/22
The Greece Performing Arts Society will present their annual Winter Pops Concert/Fundraiser from 2 p.m. to 4 p.m., Sunday March 22. "Blow Away the ...
It's Time for Greece's Left to Get On Board
Greece's Finance Minister Yanis Varoufakis sent a letter last week to Jeroen Dijsselbloem, president of the group of eurozone finance ministers, ...
US Citizens in Greece and US Taxes— A Word to the Wise from Executive Director of American ...
It is estimated that there are at least 100,000 Greeks with American citizenship living in Greece. In addition, thousands of US citizens live and work in ...
National Bank of Greece (ADR) (NYSE:NBG) in Deep Water
National Bank of Greece (ADR) (NYSE:NBG) has been the talk of the market for quite a while now. Its sensitivity towards the bailout extension has ...
ECB cannot buy Greek bonds
FXStreet (Mumbai) - The European Central Bank (ECB) President, at the press conference, said that the Greek bonds do not qualify for the bond ...
European Central Bank live blog: Draghi expected to offer QE details
In early February, the ECB ruled that Greek banks could no longer use junk-rated Greek government bonds as collateral for cheap ECB funding loans.
Astir Palace Resort Sale Blocked by Greek State Council
Greece’s top administrative court blocked the sale process of a luxury Athens seaside resort to an Arab-Turkish fund. According to the State Council judges’ decision, the sale of the prime Astir Palace hotel complex and the development of the seaside site breached planning rules and would harm the natural, cultural and urban environment. The State Council ruled out the Presidential Decree-based plan for the redevelopment of the Astir Palace area and the entire Mikro Kavouri Peninsula, as the creation of small villas and the constructions planned in the uninhabited part of the Peninsula were not legal. The investment was to be undertaken by the Jermyn Street Real Estate Fund. The Hellenic Republic Asset Development Fund (HRADF) on Thursday, February 12, 2014, named the company as the preferred bidder for the Astir Palace hotel, just a few days after the hotel’s other co-owner, National Bank of Greece (NBG), also chose the same bidder.
SYRIZA Parliamentary spox hints at suspension of … Schengen Pact by Greek govt!
"We know that Dublin 2 and the Schengen agreement need discussion”
Breaking: Greece Threatened 'Feta Dump' During Bailout Crisis
The announcement of Greece's four-month loan extension has done little to curb public outrage. Few could forget the pleas of Hans Burkhardt, ...
State will keep paying priests' salaries, Greek gov't says
There are no plans for the state to stop paying priests’ salaries, the government said on Thursday, adding that the Church of Greece also pays its
Jobless rate starts picking up again
Greek unemployment started to rise again in December following 14 months of gradual decline,
ECB decisions may prove to be a blessing in disguise
European Central Bank Governor Mario Draghi announced on Thursday a board decision on Greece that may appear tough but in fact averts a default during March at least and gives Athens some time
Election lifted consumers’ mood
Consumer confidence in Greece jumped almost 20 points in February to reach the highest level observed in the last six
PPC (DEH) CEO Zervos resigns after charges on wages hikes to 19 executives
Chairman and CEO of Greece’s Public Power Company (DEH) Arhtouros Ζervos submitted his resignation on Wednesday evening after a judicial council decided that he should stand trial on breach-of-duty charges related to approving unlawful wages/benefits for some 19 company executives in the 2010-12 period. “The damage for the company was […]
Varoufakis: “We have Plan B” after ECB Draghi’s says No,No,No to liquidity
“We have Plan B” Greek Finance Minister Yanis Varoufakis told private Mega TV on Thursday, just a couple of hours after ECB head Mario Draghi linked ECD funding with Greece’s compliance to the bailout and austerity program, righting the conditions for liquidity. At a press conference today, Mario Draghi distributed […]
Projection Mapping Brings an Ancient Greek Statue to Life
Projection Mapping Brings an Ancient Greek Statue to Life. Menu Search. SUBSCRIBE. Search. Business · Design · Entertainment · Gear · Science ...
Romania, Greece celebrate 135 years of diplomatic relations
Romania, Greece celebrate on Thursday 135 years since they fathered diplomatic relations, a catalyst for the bilateral ties the long of the years being the Romanian community in Greece and the Greek community in Romania, respectively, a press release by the Foreign Affairs Ministry (MAE), informs. The two above-mentioned communities have actively contributed, says the [...]
Court rules Pasok leader Venizelos won't testify at ex-fin min's trial
Greek special court rejected on Thursday the prosecutors’ request to summon Pasok leader Venizelos to testify in the trial of former Finance Minister Giorgos Papaconstantionou on charges of tampering with possible tax evasion. The request of prosecutor to obtain from ...
Varoufakis uses metro in Athens – PHOTOS
Greek Finance Minister Yanis Varoufakis used Athens metro for his transportation. According to enikos.gr reader Varoufakis spoke with a tourist who was standing beside him in the train and that he was very polite.
ECB decisions: 'No (extra) problem,' says Greek gov't
Greek government officials say that the European Central Bank's decision to not allow Greece to raise extra Treasury bills "does not create extra problems for our banking system." "The government is working towards the implementation of the 20 February ...
Despite dispute, Shamp says Greek rivalries do not exist
Claudia Shamp, director of Greek Life, said while a healthy competition exists to bid the best men and raise the most money for philanthropies, there is ...
New Democracy Leader Calls for Party Unity
Unity should prevail. This was the message former Greek Prime Minister and main opposition New Democracy leader Antonis Samaras highlighted while addressing the party’s MPs behind closed doors earlier today. As he further stressed, he is in not “glued” to his chair but he would not consider leaving the party’s leadership at such a critical point in the country’s history. Samaras’ appearance was seen as a clear message to all directions that he is not willing to step aside or start the process for his succession in the wake of the heavy electoral defeat the party suffered in January 25 and opinion polls revealing the gap between ruling SYRIZA and New Democracy is constantly growing, reaching an enormous 22.1 percentage points. On the opposite, Samaras challenged any New Democracy MPs that doubt his leadership to openly state it and request the procedure for a leadership congress. Once again, the former Prime Minister attacked the SYRIZA-led government, saying they “know that their unity is fragile and the toughest fight is still to come,” while adding that “we are not in a hurry to break them apart. They are in a hurry to destroy themselves with what they do.” In the days following the electoral defeat, a number of New Democracy MPs and members have publicly accused Samaras and his closest associates for a wrong strategy that lead to the defeat. Among others, former government spokesperson of the Karamanlis administration Evangelos Antonaros has once again spread discomfiture among party members after tweeting that the party should proceed to a “political redefining in order to get rid of the extreme right schlock and neo-liberal doctrine.” At the same time, former Foreign Affairs Minister of the Karamanlis administration between 2006 and 2009 Dora Bakoyannis, in a recent interview to Greek TV, did not rule out the possibility of challenging the party’s leadership in the near future after what was seen as a major defeat in the recent Greek general elections. “What I have to say, I will say it to the Parliamentary Group,” she declared then, adding that Greece needs a “healthy and powerful center right front,” which does not reflect New Democracy’s current situation.
Migrant Detention Center Evacuation Continues With Mixed Results
The operation to evacuate and shut down the Amygdaleza migrant detention center in Greece continues with very little success. The vulnerable groups that should have been removed first are still in while the migrants who have been released are finding shelter on park benches and squares. The two Citizen Protection and Migration Policy Deputy Ministers, Yiannis Panousis and Tasia Christodoulopoulou, had said that priority will be given to those detained for more than 18 months, those who were vulnerable — such as families, children, pregnant women, unaccompanied minors, torture victims, ill and elderly — and those seeking asylum. However, since Sunday, when evacuation of the Amygdaleza facility had started, the migrants transferred to downtown Athens by bus, escorted by Greek Police cars, do not belong to the above categories. There were no children, women or elderly to be seen coming out of the buses. So far, most migrants have gathered in downtown Athens’ Omonoia Square and have settled down on the streets. Most of them are now homeless, without money and food, in an unknown environment. A television report showed Naim, a migrant who was left in downtown Athens. He had no shelter and when he went to the municipal soup kitchen to eat, all the food was gone. He ended up sleeping on the grass in Koumoundourou Square. Naim revealed that among the released migrants were some ill, even in serious condition. The same report followed another migrant, this one anonymous, who, after being released from Amygdaleza, ended up staying with four others in a filthy room, in squalid conditions. Christodoulopoulou said on Thursday that it was a police decision to release illegal migrants and not her own. Panousis admitted that it was a mistake to take all released migrants to downtown Athens.
European Commission President: No Diabolical Plan to Topple Greek Govt
European Commission President Jean-Claude Juncker said today that Athens should stop worrying about a “diabolical plan” cooked up by Spain and Portugal to topple the country’s new leftist-led government. The statement came just a few hours after Greek Prime Minister Alexis Tsipras’ allegations that the two countries have formed a front aiming to undermine the negotiations held between Athens and Brussels. “During the last two weeks, I have not observed that Portugal and Spain had a diabolical plan to cause Tsipras’ government to fall,” Juncker stressed while addressing a news conference at an energy summit in Madrid, adding that “if I had the impression that they harbored such detestable plans, I would have intervened.” Earlier, Madrid and Lisbon have filed a formal complaint to the European Commission over the Greek Premier’s comments, who linked the pressure applied by Spain and Portugal during the four-month bailout extension negotiations to blackmail. On Saturday, while addressing the SYRIZA Central Committee, Tsipras said Greece came up against “an axis of powers led by Spain and Portugal” that tried to undermine the negotiation process for their own internal political gains. “Conservative forces tried to set a trap for us, to drive us into financial asphyxia,” he said. Podemos’ unending rise worries conservative Spanish government ahead of elections It should be noted that Spanish leftist movement Podemos shares similarities with Greek SYRIZA, as they both saw their influence skyrocket during a period of tough austerity imposed on the European South countries. Its leader, Pablo Iglesias, has repeatedly visited Greece and declared his support to Tsipras. According to the latest Spanish opinion polls, Podemos holds a clear lead over the country’s two traditional political powers, the Spanish Socialist Workers’ Party (PSOE) and the People’s Party (PP), while in the previous European Parliament elections it secured five seats with an anti-austerity pre-electoin rhetoric. The next Spanish general election will be most likely held on December 20.
Extreme Right Golden Dawners Sentenced Over Attack Against ANTARSYA Member
Two extreme right Golden Dawn party supporters were found guilty of bodily harm today by a court in Serres, northern Greece. The two xenophobic party supporters were tried for an attack against a leftist ANTARSYA supporter they carried out in October 2012. Both defendants received a 12-month imprisonment sentence with a 3-year suspension. One of the defendants sentenced today was former Serres Golden Dawn MP Nikitas Siois. According to the case charges, the victim had been attacked by a group of Golden Dawners who caused him serious head injuries, while he had also been pepper sprayed by the group. It should be noted that the Athens Council of Appeals decided, with votes 2-1, that Golden Dawn leader Nikos Michaloliakos and the party’s whole parliamentary group holding seats in Greece’s previous Parliament will stand trial, along with 54 other defendants, for forming and running a criminal organization, an offense that carries a 20-year prison sentence. Although, the party leader and senior MPs Christos Pappas and Giannis Lagos will be released from custody on March 27, ahead of their trial tentatively scheduled for April, as the maximum 18-month period in pre-trial custody expires. A specific date for the trial has not yet been set but, according to judicial sources, it will take place after the April 12 Greek Orthodox Easter. Michaloliakos and Pappas will remain under house arrest as they face additional charges of gun possession.
European Central Bank: Recovery is strengthening
The currency union still faces serious risks as it tries to recover from a crisis over government debt in countries such as Greece, Portugal, Ireland, ...
Tsipras-Stournaras meeting in wake of Athens’ QE exclusion
Draghi’s decision and Greek economy funding issue on the table
German Finance Ministry: Greece Has Paid Back €360 Mln in Interest
euro The German Finance Ministry has admitted that the austerity policy imposed on Greece is responsible for the economic crisis and the bankruptcy ...
World Press View: For Greece, The Money Isn’t There
As Greeks now know, former Premier George Papandreou was wrong when he said, "The money is there," and the new crisis proves it.
PPC (DEH) CEO Zervos resigns after charges on wages hikes to 19 executives
Chairman and CEO of Greece’s Public Power Company (DEH) Arhtouros Ζervos submitted his resignation on Wednesday evening after a judicial council decided that he should stand trial on breach-of-duty charges related to approving unlawful wages/benefits for some 19 company executives in the 2010-12 period. “The damage for the company was […]
Greece’s general unemployment still at 26% and 1:2 youth without job
Bang! I thought Greece was making much-heralded fiscal progress and much- applauded primary surpluses in 2014 and the lenders and the ND-PASOK government were congratulating each other for the glorious economic achievements… And then everyone got angry because just when the “country was about to exit the bailout adjustment program […]
Draghi Says Essential to Maintain Solvency of Greek Banks
(Bloomberg) -- Mario Draghi increased pressure on Greece's government to make progress on structural economic reforms, insisting his ECB is ...
Warning: Greek drama is far from over
Mario Draghi, the European Central Bank's president, revealed Thursday that its loans to Greece had more than doubled over the last month or two -- to about ?100 billion.
Bloomberg: Liquidity in Greece Might End in Three Weeks
Pedestrians walk past the bank of Greece in Athen As negotiations over the Greek debt continue for over six months, the impasse threatens to drag ...
Greece need to attack more, new coach Markarian says
Greece coach Sergio Markarian said Thursday he wanted Greece to play more attacking football against Hungary in a Euro 2016 qualifier on March ...
Greece in focus in today's ECB meet – RBS
“Continuing in the background are the debt financing negotiations with Greece. Draghi will be quizzed in the press conference on how and under what ...
ECB: Greece covered in press conference
FXStreet (Guatemala) - Analysts at ING noted that during the press conference, there were also several questions on Greece, QE and ELA.
Getting it on tape
MACEDONIA suffers a lack of international attention partly because, unlike its neighbours, it emerged from Yugoslavia’s disintegration without fighting a big war. The European Commission supports the country’s desire to open talks on joining the European Union, but this has been stymied by Greece’s objections to Macedonia’s name, which it shares with a Greek province. Now a snooping scandal threatens to undermine even the commission’s support. For the past month, Zoran Zaev, leader of the opposition Social Democrats, has been leaking tapes of alleged conversations gathered for Nikola Gruevski, the prime minister, and his spy chief, who happens to be his cousin. Mr Zaev claims that the pair have listened in on 20,000 people. This would mean that almost every bigwig in politics, business and the media has been spied on—including Mr Gruevski’s ministers. In one tape, the interior minister tells the finance minister that she has talked to the chief prosecutor about dismissing criminal charges against him. In another, the finance minister calls Mr Gruevski’s economic policies “insane”. Macedonians might have guessed that their government was spying, but many are stunned by the extent. Mr Zaev has been charged with trying to “overthrow the constitutional order”. Mr Gruevski says that the wiretapping was organised by a former secret-police chief close to...
Missing persons committee apologizes to family for giving them wrong bone fragments
by Associated Press Missing persons committee apologizes for remains mix-up Associated Press - 5 March 2015 11:52-05:00 NICOSIA, Cyprus (AP) — A committee charged with uncovering the fate missing Cypriots has apologized to a family for giving them bone fragments that didn't belong to their loved one. The United Nations-led Committee on Missing Persons said Thursday that some small bones were "incorrectly associated" with the deceased from a Greek Cypriot family. The Committee said two independent experts brought in to review the case have affirmed the reliability of the identification process, but promised to heed recommendations to improve it. The man's remains had been comingled with bones of others in a mass grave. Officials had said it's too costly to identify all bone fragments through DNA analysis. Some 1,500 Greek Cypriots and 500 Turkish Cypriots vanished in fighting that followed the 1974 Turkish invasion that split the island along ethnic lines. News Topics: General news, Missing persons People, Places and Companies: Cyprus, Turkey, Western Europe, Europe, Middle East Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tsipras meets To Potami party leader Theodorakis – PHOTOS
Greek Prime Minister Alexis Tsipras met on Thursday with the leader of Potami party Stavros Theodorakis in the prime minister's office. Photo source: ANA-MPA
Five Things We Learned from Intellectual Polygamists and Other Inventive Immigrants
Carl Djerassi, a Self-Defined Intellectual Polygamist It has become difficult to imagine love-making without the Pill or surviving allergies without antihistamines--both the creations of Carl Djerassi. Djerassi emigrated from Austria to America after Anschluss and passed away in early 2015, going down in history known for his invention of the oral contraceptive pill, along with other contributions in the fields different from his first love, chemistry. Reinventing himself from a chemist to writer, art collector, and philanthropist, he used these different occupations as opportunities to excel in arenas that are only seemingly dissimilar to chemistry with its logic and experimentation - but were, for him, united by a common denominator of his intellect, effortlessly ascending on a spiral of perfecting the world. What were the drivers behind his serially self-redefined being? His book "From the Pill to the Pen" explains his life - ambitious, articulate, but narcissism-free. Defining himself as an "intellectual polygamist", Djerassi defended this metaphoric term saying that "serious polygamy" treats every woman as God-given wife--and this is exactly how he's treated all his intellectual pursuits/occupations--and achieved extraordinary results every time. That's what intellectual polygamists do. Women Equals I have nothing against the term "intellectual polygamist" except that it sounds sexist; additional amplification can correct it. Research for my upcoming book found quite a few women immigrants with creativity extending into multiple fields, either voluntarily, driven by curiosity and self-expression, or out of their need to adapt to a foreign land. Olga Perry, a female centerpiece of immigrant creativity gone wild, is an excellent example of intellectual polygamy. She's an internationally recognized artist with the high awards for sculpture, painting and photography. "I make art because I must," she said. "It's a need, an obsession, an addiction." Born in Russia, she's been through colorful career changes: an engineer, OB/GYN doctor holding a Ph.D., major of the Russian Army, and business owner. But these successes didn't satisfy her intellectual-emotional thirst as she felt fed up with Russian institutions controlling her free spirit. In her 40's, she jumped across the oceans and cultures, a single mom with her daughter, two suitcases and little English. Life in the US changed with the speed of her language acquisition: from baby-sitter, department store cashier, waitress, telemarketer, corporate manager - to CFO of a renewable energy corporation, she's done it all. Then came the art. It became her new passion. After only a year of drawing and sculpting in art school she made it big time too, a star fulfilling her lifelong dream to be an artist. Olga's art - reflecting the prowess of her brilliant intellect, logic of the scientist, distinctive vision, and global experience - shows us what the artistic fusion of Renaissance-like professional transitions, cultures, and philosophies can harvest. Art in various media, even parody cook-and-talk shows on her video channel, are all expressions of her talent. Creativity-wise, she equals Carl Djerassi himself! Five Things We Learned Here's my 5 cents worth on connecting the dots between our amazingly creative fellow-citizens and our own progress as individuals and society: 1. Creativity's integrated in immigrants' nature Solid research on creativity explains why immigrants can see things through several filters, unlike those native-born. In addition to the business case for immigrant creativity I've made before, we need to remember that creativity may also be driven by powerful self-expression in unrelated fields (e.g., Athena Tacha, from Greece, is an outstanding landscape artist, sculptor, and author of conceptual/self-analytical studies of aging). 2. Contrary to popular belief that to be a success we need to stick to one profession, intellectual polygamists prove otherwise There's more to creativity than cross-cultural vision - there's a phenomenon of cross-professional vision. It happens when people change professions/occupations (and immigrants often do so out of necessity): the previous know-how delivers an added perspective/vision, which can turn into a huge advantage. Simply put, their fresh vision removes "professional blinders," a limiting factor for innovating. Thus, Lana Kim has reinvented herself from a Macy's super-salesperson, to stockbroker, to PR firm director, to author/speaker and radio talk-show host; Anne-Sophie Gueguen rose from European Commission manager to French-American Academy founder; Paulina Porizkova evolved from supermodel and actress to author/blogger, Izabella Miko developed from ballerina and actress to movie producer, etc. They've been willing - or had to - reinvent selves. The result? Their wonderful creativity, like a magic wand, enriched every profession they applied it to. 3. Intellectual curiosity can lead to intellectual polygamy A new orthodoxy, popularized by Malcolm Gladwell, sees obsessive focus as the key to unlocking genius--and this is probably true. However, intellectual polygamists such as Carl Djerassi and Olga Perry could re-focus, get re-obsessed by new ideas/professions, and succeed in various fields. In general, immigrants are more likely to turn intellectual polygamists because many just need to do things entirely different from what they've done back home. 4. Immigrants contribute big-time to America's well-being and culture A risk gene is part of all immigrants' DNA: it's brought them to America to unleash their potential--and they're fearlessly pioneering all things new. Paraphrasing Einstein, immigrants enter the society/organization/team where certain things have been deemed impossible - and their unawareness makes them search for solutions--and break new grounds! The names of Arianna Huffington, Indra Nooyi, and Dr. Ruth Westheimer speak for themselves. 5. America needs to sponsor creative immigrants officially We hold it as universal truth that America, the great nation of former immigrants, can benefit from more new blood, the talent ready to help sustain its global competitiveness. Learning is Progressing As the worldwide migration accelerates year after year, the nations who open their golden doors to inventive immigrants will progress the most. We, the people, do want America to continue being No.1. Unfortunately, our Congressmen, in their supposed infinite wisdom, stay stuck in their stale bipartisan game, playing from the position of strength, and bargaining endlessly over the immigration reform. History will not forgive them. And the American people shouldn't either.
Are More Sanctions Against Russia in Store?
kremlin.jpg Home Page News Page The third cease fire in Ukraine had a rocky start, but today the German foreign minister noted that tensions have calmed. The top NATO military commander, US Air Force General Breedlove agreed earlier today that there has been a "definite decrease" in fighting. Both sides have withdrawn some weapons. He noted that the past two cease fires were used to rearm and prepare for additional action. The third cease fire in Ukraine had a rocky start, but today the German foreign minister noted that tensions have calmed. The top NATO military commander, US Air Force General Breedlove agreed earlier today that there has been a "definite decrease" in fighting. Both sides have withdrawn some weapons. He noted that the past two cease fires were used to rearm and prepare for additional action. See Also links url: http://www.economywatch.com/features/The-Strategic-Nature-of-the-Russia-Ukraine-and-Greece-Europe-Standoffs.02-12-15.html Title: The Strategic Nature of the Russia/Ukraine and Greece/Europe Standoffs See Also type: Reference read more
'Go Back to Dirty Greece': Greek Restaurant Receives German Hate Mail
Hate mail sent to a Greek restaurant in the western German city of Düsseldorf which describes Greece as “corrupt and lazy”, has received more than ...
Fifth-century tomb containing Greek, Etruscan relics found in eastern France
French archaeologists have unearthed an iron-age tomb dating back to the fifth century BC containing Greek and Etruscan objects showing that the ...
Draghi ties ECB's Greek funding to bailout compliance
NICOSIA/ATHENS (Reuters) - The European Central Bank will resume normal lending to Greek banks only when it sees Athens is complying with its bailout programme and is on track to receive a favourable review, ECB President Mario Draghi said on Thursday.
Greece's economy Running on empty
IN LATE February, as Greece's new prime minister, Alexis Tsipras, reversed a crucial campaign pledge and infuriated his left-leaning Syriza party by ...
Greece: End-Of-June Stock Market Wreck Or Not?
On February 20, 2015, Greece and its creditors reached a fourth month extension giving both parties time to work out their differences. A long-term ...
Escalating cash withdrawals in Greece lead to short-term crisis
Greece's mounting debt has created fear of a new crisis. As a result, cash withdrawals in Greece have been escalating at a rate not seen since 2012.
Euro falls to 12-year low as ECB raises Greek bank funding
… return to Greece within "the contract the government the Greek government … the Bank of Greece to provide liquidity to the Greek banking sector … Greece is making enough progress on austerity reforms. • Emergency funds for Greece: Greek …