cruises A Greek-Russian initiative concerning the tourism sector and cruises for Russian tourists from the port of Sochi to Thessaloniki, with a stop in ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Tuesday, December 1, 2015
Countering 'Xenophobic' Refugee Decision, Keady Travels to GREECE
Former Asbury Park city councilman and noted Christie heckler Jim Keady announced Tuesday that he will be traveling to Lesvos, GREECE to meet with ...
Greek PM hopes capital controls can be lifted in first-half of 2016
Greek Prime Minister Alexis Tsipras said on Tuesday he hoped capital controls imposed at the height of the country's debt crisis in July can be lifted in the first half of next year. Addressing a conference of the Hellenic-American Chamber of Commerce, Tsipras said his leftist government had taken the first steps to address non-performing loans and recapitalise banks so they could start lending again to the economy. Tsipras said the Greek economy was doing better than had been expected when capital controls and a three-week bank holiday were imposed in July to stop deposit flight.
GREECE Manufacturing Downturn Continues In November
Dutch manufacturing activity deteriorated further in November, though modestly, survey figures from Markit Economics showed Monday.
Public Transportation Workers Set to Carry Out 24 Hour Strike Thursday
Public transportation will be disrupted on Thursday, December 3rd, due to the public transportation employees of the Athens metro, tram, bus, trolley and electric railway (ISAP) services and suburban railway employees joining together in a 24-hour strike called by Greece’s two major unions, GSEE and ADEDY. Employees in the metro, tram, bus, trolley and electric railway
Panathinaikos Handed Heavy Fine Over Olympiacos Game Clashes
Panathinaikos F.C. is likely to lose 1.2 million euros due to the incidents that took place on the day of Greece’s biggest soccer derby. The Greek Superleague’s disciplinary committee has punished Panathinaikos for the extensive clash that took place before the November 21 derby with Olympiacos F.C., which was ultimately postponed. Prior to the game Panathinaikos
Coordinated Cyber Attack on GREEK Banks
the GREEK banks' online security level to the maximum, with EYP, the National Intelligence Service in Greece, taking charge of this shielding operation.
Three GREEK Banks attacked by Bitcoin extortionists
In the last couple of weeks, bitcoin extortionists have begun acting out more. In fact, recent reports indicate that hackers have attacked three GREEK ...
GREECE to Finalize First Bailout Reform Review by 2016
MOSCOW (Sputnik) – The Greek government will finish its first review of reforms under the third bailout program by the end of 2015, GREECE'S ...
GREECE fines Heineken subsidiary over market abuse
GREECE'S state competition watchdog on Tuesday imposed a 31.5-million-euro ($33.5-million) fine on the country's main beer distributor Athenian ...
Strike to halt transport, services in GREECE on Thursday
Workers are to walk off the job on Thursday in the second general strike under the SYRIZA-led government, disrupting public services and transport.
National Bank of GREECE (NBG): Greek Officials Ambitious on Reforms
With uncertainty on the release of GREECE'S bailout funds, markets remain concerned. However, with the recent developments and ambitious claims ...
FYROM to Expand Fence Along GREEK Border by 40 Kilometers, Reports Say
FYROM (1) Erecting a fence along one part of its borders with Greece may not be all that the Former Yugoslav Republic of Macedonia does, according ...
EU bailout fund rescues GREEK bank
The eurozone's bailout fund has rescued Greece's largest bank, launching a recapitalisation process that is a crucial part of the country's third loan ...
Former SYRIZA Minister Denounces GREEK Bank Recapitalization
Asked whether the identification with the drachma harmed Popular Unity, Lafazanis stated that GREEK citizens have been “brainwashed” with the euro, ...
Foreign Minister Kotzias meets with his Albanian counterpart on the sidelines of the NATO ...
Foreign Minister Nikos Kotzias met a short while ago with his Albanian counterpart, Ditmir Bushati, on the sidelines of the NATO Ministerial Meeting in Brussels.During the meeting, a review was carried out of the bilateral cooperation between Greece and Albania, ahead of the Albanian Foreign Minister’s visit to Athens early next year.
GREECE warned EU will reimpose border controls
The EU is warning GREECE it faces suspension from the Schengen passport-free travel zone unless it overhauls its response to the migration crisis by ...
Flow of refugee and migrant children into Greece doubles, UN agencies report
About a third of the refugees and migrants who have drowned in the Aegean Sea this year were children, while the number of children applying for asylum in the European Union has doubled compared to 2014, the United Nations Children’s Fund (UNICEF) reported today, warning of the increasing perils facing youngsters as winter takes hold.
FYROM Refuses Entry of Refugees; Greek Migration Minister Ready to Provide Aid
Greek Alternate Minister for Migration Affairs Yiannis Mouzalas revealed that the government is planning to move refugees and migrants stranded at the border with the Former Yugoslav Republic of Macedonia (FYROM) to Athens. In recent weeks, FYROM has adopted a war-combat-zone refugee policy, accepting only Syrians, Iraqis, and Afghans from the thousands of people who
Greek Economy Minister is Certain of Economic Growth by End of 2016
“Greece will not become a tax haven. We will follow the road of European countries which maintain high tax rates,” Economy Minister George Stathakis said on Tuesday, addressing a conference organized by the American-Hellenic Chamber of Commerce. “We will not transform the Greek economy into a low labor cost economy, as in other neighboring countries,
Hackers threaten to take down GREEK banks' websites if they don't pay a €20m bitcoin ransom
A hacking group has targeted three GREEK banks three times over the last five days - demanding that each bank sends them 20,000 bitcoins (€6.74m).
Using ancient GREEK play, Spike Lee tackles gun crime in 'Chi-Raq'
LOS ANGELES Director Spike Lee hopes his latest film "Chi-Raq", an adaption of ancient GREEK play "Lysistrata" looking at Chicago's gun violence, ...
On the GREEK-Macedonian Border
A refugee camp has sprung up at Idomeni on the GREEK-Macedonian border. Just over two weeks ago, Macedonia closed the border to certain ...
Greece’s taxpayers must declare all assets like cash ‘under mattresses’ & jewelry
Cash ‘under the mattress’ totaling more than 15,000 euro, jewelry and other valuable items such as diamonds and gemstones, should be declared to electronic system of tax authorities, Taxisnet, as of 1. January 2016. Next to properties and vehicles and shares, now the taxpayers will also have to declare their […]
Euro Area jobless rate dips to 10.7%; Germany at 4.5%, GREECE at 24.6%
The Euro Area (EA19) seasonally-adjusted unemployment rate was 10.7% in October 2015, down from 10.8% in September 2015, and from 11.5% in ...
Cyberattacks Target GREEK Banks
Ekathimerini.com reported yesterday that threats had been made by hackers against a number of GREEK banks, demanding ransom payments to the ...
Greek Prime Minister Rejects National Unity Government, Sees Elections in 2019
Greek Prime Minister Alexis Tsipras addressed his SYRIZA parliamentary group on Tuesday afternoon, issuing strong criticism against his political opposition and standing behind his government’s achievements thus far. The Greek prime minster also ruled out the possibility of a national unity government and was adamant that the next elections will be held in autumn 2019, as
Greece to lift capital controls by mid-2016 -deputy fin ...
Greece expects to fully liftcapital controls imposed at the height of the euro zone crisisin July by mid-2016, deputy finance minister George ...
Unemployment in Greece is tragically high
… . The actual unemployment figures in Greece are not focusing on an … and a weak economy in Greece. The United Nations International Labour … the ILO to help the Greek government in addressing the social …
Greek Banks Hit by DDoS Attacks, Hackers Ask for Bitcoin ...
Armada Collective, the hackers that launched DDoS attacks on ProtonMail, are back and are targeting several Greek banks, using the same DDoS-for-Bitcoin extortion scheme.
Armenia and GREECE sign 2016 military cooperation project
Issues related to the development and deepening of military cooperation between Armenia and GREECE, to the situation in the region and other issues ...
Tsipras Blames Aide For Tweets
Greek Prime Minister Alexis Tsipras' office said an aide mistakenly sent out Tweets he directed at his Turkish counterpart over diplomatic issues. The post Tsipras Blames Aide For Tweets appeared first on The National Herald.
'One Community' plans to unite four GREEK councils
A branding campaign named One Community has begun at East Carolina University, which will bring all four GREEK councils together in order for ...
Armada Collective launches DDoS attacks against GREEK banks
Three GREEK banks have been targeted with distributed denial of service (DDoS) attacks, with cybercriminals demanding they pay a ransom in bitcoins ...
EU's Costello: GREEK Bank Deposits No Longer at Risk of 'Haircut'
declancostello GREEK bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on ...
Child drowns as refugee boat tries to reach GREEK shores
A 4-year-old child was reported drowned in the early hours of Tuesday as she and 28 fellow passengers tried to swim to the shore of Rho, a small islet ...
GREEK Named Wire Photographer of the Year by TIME Magazine
photographer-of-the-year GREEK photojournalist Angelos Tzortzinis was named Wire Photographer of the Year by TIME magazine. The award ...
How many bank shares you can buy for the price of a metro ticket
Ok, our Greek banks are been currently recapitalized and until this process concludes the shares are … well… not at their best. The times when The National Bank was at 17EUR and Piraeus at 16EUR are long gone. With shares prices at: €0.047 for Alpha Bank, €0.081 for National Bank, […]
Foreign Ministry spokesperson Koutras’ response to journalists’ questions regarding statements ...
Foreign Ministry spokesperson Konstantinos Koutras made the following statement in response to journalists’ questions regarding recent statements from the Prime Minister of Slovakia concerning Greece’s position in the Schengen Area:“The Prime Minister of Slovakia, possibly because he comes from a country that has neither sea nor islands, cannot correctly evaluate all of the parameters and peculiarities of guarding maritime borders, all the more so when these borders are being flooded with thousands of needy people who are escaping from the hell of war.We extend an open invitation to Mr. Fico, before he renews his search for a scapegoat, to visit...
Greek Actor Minas Hatzisavvas Passes Away at 67
Beloved Greek actor Minas Hatzisavvas passed away on Monday, November 30 after being hospitalized at Evangelismos Hospital in Athens. Over the last few days, the 67-year-old actor had remained hospitalized, after falling into a coma caused by a serious hemorrhagic stroke. Minas Hatzisavvas had graduated from the Greek National Theatre Drama School in 1969 and
sells three Greek hotels for €9.6m
… it owned in Greece, two on the island of Corfu and one … Bank of Cyprus sells three Greek hotels for €9.6m appeared …
Greek PM says will try to avoid further pension cuts under ...
ATHENS, Dec 1 (Reuters) - Greek Prime Minister Alexis Tsipras sought to reassure his leftist Syriza party's lawmakers on Tuesday the government would avoid ...
Australia's economy is proving more Indian than GREEK
As headlines roared of falling house prices, particularly the biggest drop in Sydney home values in five years, other metrics in recent days continue to ...
GREEK lensman bags Time magazine award
A refugee from Syria prays after arriving on the shores of the GREEK island of Lesbos aboard an inflatable dinghy across the Aegean Sea from from ...
GREEK Unemployment Rate Still Near 25%
The GREEK numbers show how impossible it is for the country to pull out of its deep recession, which in turn cripples its ability to pay back billions of ...
Popular GREEK actor Minas Hadzisavvas dies
Popular for his work on both stage and screen, prolific actor Minas Hadzisavvas died in Athens on Monday at the age of 67. Hadzisavvas was being ...
Eurozone Bails Out Ailing Greek Bank, More Stress Tests Seen Coming Next
Europe's Eurozone bailout institution has approved a 2.72 billion euro ($2.88 billion) disbursement to recapitalize Greece's ailing Piraeus Bank, one of the country's four largest lenders. The post Eurozone Bails Out Ailing Greek Bank, More Stress Tests Seen Coming Next appeared first on The National Herald.
Eurozone bailout rescues Greece's top bank
The eurozone's bailout fund rescued Greece's largest bank on Tuesday, launching a recapitalisation process that is a crucial part of the country's third loan programme in five years.
Burglars Kill and Burn Two People in GREECE
peripoliko603_319136677 Greek Police found the incinerated bodies of a man and a woman in their home on the island of Aegina early Tuesday ...
Eurozone unemployment rate falls to near 4-year low
LONDON (AP) — Unemployment across the 19-country eurozone economy has fallen to its lowest level in nearly four years, official figures showed Tuesday, in another positive sign for an economic region that has struggled to get people back to work for years. The decline is unlikely to deter the European Central Bank from injecting another dose of stimulus into the eurozone this week. Many economists say further stimulus could help shore up the economic momentum that appears to be building in some countries, even laggards like Greece. Figures from the European Union's statistics agency showed the unemployment rate across the region fell in October to 10.7 percent from 10.8 percent the previous month, after a 13,000 decline in the number out of work to 17.24 million. Eurostat said the unemployment rate, which has fallen by 0.8 percentage point over the year, is now at its lowest level since January 2012. Since October 2014, the number of people out of work has fallen by 1.3 million. Big disparities remain across the region. While Germany's unemployment rate is 4.5 percent, Spain's stands at 21.6 percent despite large falls over the past year. The improving labor market trends have come alongside a modest pick-up in economic activity. The eurozone has been posting quarterly economic growth in the 0.3-0.5 percent range for around a year and some recent indicators suggest the recovery may be gaining traction. On Tuesday, financial information company Markit also confirmed that its purchasing managers' index for the eurozone's manufacturing sector — a broad gauge of activity — rose to 52.8 points in November from 52.3 the previous month. Anything above 50 points to expansion. November's rate was the highest since April 2014 and suggests a crucial part of the eurozone economy has withstood a series of headwinds, notably an economic slowdown in China, the world's number 2 economy. Markit said its survey showed production levels and new orders were up in all countries bar Greece, which is expected to fall back into recession following its protracted bailout negotiations with creditors this year that led to the imposition of strict controls on money withdrawals — many of which are still in place. Still, even Greece, appears to be on the mend. Its manufacturing survey was way off lows his earlier this year and just below the no-change threshold at 48.1 points. The positive economic signals are not expected to prevent the ECB from doing more on Thursday, such as increasing its 1.1 trillion-euro ($1.2 trillion) monetary stimulus or making commercial banks pay more to park their cash at the central bank. "The scene is set for the ECB to unleash further stimulus at its December meeting to ensure momentum continues to build," said Chris Williamson, Markit's chief economist. Join the conversation about this story »