Tourism Minister Elena Kountoura will attend the 18th Annual Capital Link Invest in Greece Forum in New York on Monday, December 12, to present the new investment opportunities in the Greek tourism sector. The Capital Link Forum is the most important ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Friday, December 9, 2016
Number of stranded refugees in Greece could rise under latest E.U. plan
An aid group said the proposal to make migrants register in the country where they first arrived is “out of step with what is urgently needed on the ground.”
Greece appeals verdict to not extradite Turkish troops
A Greek public prosecutor on Friday appealed Thursday’s court decision to not extradite two Turkish soldiers accused of being part of the July 15 defeated coup in Turkey. According to Christos Mylonopoulos, a lawyer defending the two soldiers, Chief ...
EU 'acutely aware' of problems on Greek islands
The European Commission took note of Prime Minister Alexis Tsipras’ intention to provide relief to Greek islanders who have been hit by refugee flows but will need to examine those measures closely before commenting further, spokeswoman Annika ...
Peters GREEK Kitchen to open in Waltham
The recently remodeled eatery features a new menu focusing on authentic GREEK dinners and appetizers, gyros and sandwiches, brick-oven and ...
Greek seamen’s union extends ongoing strike until Sunday morning
The nationwide seamen’s union PNO has announced that it will extend its strike actions for a further 48 hours, until Sunday morning. As a result, ships will remain docked, leaving islands without transportation and essential supplies. The Minister of ...
Greece: Helena Paparizou releases Agkaliase Me
The ultimate Greek Goddess and 2005 Greek Eurovision winner, Helena Paparizou has released Agkaliase Me along with its official videoclip. Check out Helena’s new song below. Helena Paparizou won the 2005 Eurovision Song Contest with her entry My Number One.
GREECE ranked top country in Europe for dentists
While the average salary paid to dentists in GREECE is lower than countries such as France and the Netherlands, the cost of living means dentists are ...
Shelter struggle in GREECE as winter arrives, EU urged to speed relocations
Shelter struggle in GREECE as winter arrives, EU urged to speed relocations. This is a summary of what was said by UNHCR spokesperson William ...
GREECE to extradite suspect in banking corruption case
GREECE'S supreme court on Friday upheld a Cypriot request for the extradition of ship owner Michalis Zolotas, wanted in connection with a corruption ...
Migration minister seeks permit to transfer migrants to Greek mainland
In a letter sent to the interior ministers of the European Union and Schengen states, as well as European Commissioner for Migration Home Affairs and Citizenship Dimitris Avramopoulos, Greek Migration Policy Minister Yiannis Mouzalas asked that Greece be ...
Shop, Cook & Be Merry: A Hands-On Greek Holiday Feast
The holiday season in Athens is a blur of frantic shoppers, bustling markets and kitschy decorations in every shop window. With all this activity, it’s easy to miss out on the real highlight of this time of year: the food. The holiday table in Greece ...
Try this Greek lemon chicken recipe for dinner tonight
When it comes to weeknight meals, chicken is always a popular choice. And why not? It cooks quickly, and it’s versatile. And depending on what you make, it can be both flavorful and diet-friendly. Chicken lends itself to so many flavorings and preparations.
Turkey blasts Greece for not extraditing all alleged coup-soldiers
nsnbc : Turkey strongly condemned a decision by a Greek appeals court to reject the extradition request for five Turkish soldiers who fled to Greece after the failed coup on July 15. Turkey repeated its call for the extradition of eight Turkish military ...
Europe's peripheral markets are warning of trouble ahead
[Portugal Prime Minister Antonio Costa] At its latest policy meeting on Thursday, the European Central Bank announced it was extending its quantitative easing program until at least December 2017, while at the same time trimming its asset purchases to a pace of €60 billion a month, down from €80 billion. While many were quick to suggest that this was the beginning of the ECB tapering its asset purchases because they are buying less each month, ECB head Mario Draghi dismissed this talk. "There is no question about tapering," Draghi said at this press conference following Thursday's decision. He added that tapering " has not even been discussed" and that tapering could only happen if the central bank has a policy " whereby purchases go to zero." That hasn't stopped peripheral bond markets — in Italy and Portugal — from coming under significant pressure. The worry is that if the ECB were to taper its asset purchases then demand for those bonds would dry up, and peripheral Europe could find itself in the next leg of its seemingly never ending debt crisis. PORTUGAL UNDER THE RADAR Recent attention has been on Italy after the December 4 referendum's 'No' vote on constitutional reform cost prime minister Matteo Renzi his job. Problems within the Italian banking system are bubbling to the surface once again, and Monte dei Paschi, the world's oldest bank, finds itself on the brink of default an in need of a bailout. Those worries have begun to show up in Italy's bond market. While the front end of the curve remains anchored below zero thanks to the ECB's negative deposit rate, yields at the long end have been marching higher as investors sell the bonds. The 10-year has rallied 100 basis points since the middle of August and is holding near its highest level since July 2015. In the wake of Thursday's ECB announcement, the 10-year has tacked on about 15 basis points alone. [Italy 10Y] While many have been focused on Italy, the action in Portugal's bond market has been more under the radar. Back in October, ratings agency DBRS held its rating for Portuguese bonds at BBB (low), ensuring the ECB would continue to purchase its debt. DBRS remains the only ratings firm that has an investment grade rating for Portugal as all of the others cut theirs to junk following the country's 2011 bailout. Post-ECB selling has run Portugal's 10-year yield up 35 basis points to 3.81%, which is its highest levels since February as traders zero on what could be Europe's next big problem. [portugal 10 year] Back in July, Marc Chandler, the global head of currency strategy at Brown Brothers Harriman, noted, "The UK referendum hit an already vulnerable banking system in the eurozone. Italian banks are on the front burner, but the temperature is rising in Portugal." Additionally, a Barclays team led by Antonio Garcia Pascual observed, "The country is struggling with a systemic banking crisis, the lack of a convincing medium-term fiscal plan and excessive public and private sector leverage." The continued, "This brings into question whether Portugal can address all of these issues without the help of another programme." And that seems to be the worry. Further aid to Portugal could cause DBRS to cut its rating for Portugal to junk. This in turn would prevent the ECB from being able to buy the country's bonds, and could lead to the next leg of the region's financial crisis. Indeed, the temperature is rising in Portugal. SEE ALSO: GREECE STILL ISN'T GETTING THE HELP IT NEEDS MOST Join the conversation about this story » NOW WATCH: In the 1970s the CIA created a spy drone the size of a dragonfly
Cywinefest @ London Greek Wine Festival
It was most definitely an enlightening experience, the Greeks have really started producing some new age quality wine. Something that the London Greek Wine Festival (LGWF) is keen to promote. It was instantly recognisable that the event had potential to be ...
Leaders of Greece, Israel and Cyprus agree on a number of matters
Greek PM Alexis Tsipras attended a one-day visit to Israel on Thursday, attending a scheduled trilateral meeting between Greece, Israel and Cyprus. The leaders of the three countries cosigned a declaration touching on a number of matter of common interest ...
Morgan Stanley “sees” accelerating growth in GREECE during 2017
Until now the bond market has reacted quite well to the normalization of the macroeconomic situation of GREECE, with the yield of 10-year bond having ...
Wine of the Week: Going Greek for the holidays
A elderly couple passes a Greek Orthodox with its agricultural machinery next to a vineyard in the town of Nemea about 113 kilometers (70 miles) west of Athens, on Saturday, June 1, 2013. Greece, which is still struggling to stabilize its national debt, is ...
Top Greek court to rule on Turkish servicemen
ATHENS, Greece (AP) — The Greek Supreme Court will consider a request by Turkey to extradite eight military servicemen who fled to Greece by helicopter after a failed military coup in July.
Hard to comprehend GREEK court decision regarding 5 Turkish officers, says Turkey
Responding to a question regarding a GREEK appeals court's dismissal of Turkey's request for the extradition of five of the eight Turkish servicemen, ...
Malta Ship Registry consolidates its presence in the GREEK Shipping Market
Minister for Transport and Infrastructure Joe Mizzi addressed GREEK ship owners at the 13th Annual GREEK Shipping Awards organised by Lloyds' List ...
Italian coastguard saves 66 migrants in GREEK Aegean waters
Having picked them up in GREEK waters after a request for help from European Union border agency Frontex, the coastguard will take them to the ...
Theater|Nia Vardalos on Fame, That GREEK Wedding and 'Hamilton'
Like her onstage alter ego, Ms. Vardalos, 54, draws on what she knows, rocketing to fame as the writer and star of “My Big Fat GREEK Wedding,” by ...
Israel, Greece, Cyprus to push for gas pipeline to Europe: sources
Israel, Greece, and Cyprus have decided to take their proposal for a pipeline from gas fields offshore Israel and Cyprus to Europe, Israeli energy sources said late Thursday. This followed talks in Jerusalem between senior government officials of the three ...
GREECE Industrial Production (YoY) up to 6.8% in October from previous 0.1%
GREECE Industrial Production (YoY) up to 6.8% in October from previous 0.1%. By FXStreet Team. SHARE. Share on Twitter · Share on Linkedin; More ...
Greece’s highest court rules Zolotas must be sent to Cyprus
Greece’s Court of Cassation has ruled that shipowner Michalis Zolotas must be sent to Cyprus to be tried as directed by a European arrest warrant issued by Cypriot authorities. The case had reached Greece’s highest appellate court after the shipowner ...
Hotel News Now: Hope for better days in Greek tourism despite challenges
Hotel News Now published the following feature in which the leading hospitality site explains why there is hope for better days in Greek tourism despite the challenges: "It might be too early to say Greece has turned its tourism sector around, but a bright ...
In Greece's tobacco culture, passive smoke a serious problem
BRUSSELS — Nearly two-thirds of Greeks are inhaling someone else's tobacco smoke on a daily basis, making Greece the worst nation in the European Union in exposing people to the health risks of passive smoking. The European Union's statistical office ...
Greece Faces New General Strike against Wage Cuts
Greece Faces New General Strike against Wage Cuts ATHENS – Greece is facing … , eliminated in 2012 within the Greek bailout package, and of which …
Fewer refugees crossing the Aegean Sea from Turkey to Greece: Officials
… number of refugees arriving in Greece by sea crossings has fallen …
Kammenos Says Turkish President Erdogan “Dictator” Threatening Greece
Greek Defense Minister Panos Kammenos called Turkish President Recep Tayyip Erdogan a "ruthless dictator," eyeing Greece. The post Kammenos Says Turkish President Erdogan “Dictator” Threatening Greece appeared first on The National Herald.
Reception of His Holiness Pope Tawadros II of the Coptic Orthodox Church of Egypt
On behalf of the Greek government, Deputy Foreign Minister Ioannis Amanatidis today, Thursday, 8 December, received His Holiness Pope Tawadros II of the Coptic Orthodox Church of Egypt, at Athens’ “Eleftherios Venizelos” international airport. His Holiness is carrying out an official visit to our country, at the invitation of the Holy Synod of the Church of Greece. The Deputy Minister stated that the visit of the head of the Coptic Orthodox Church of Egypt is historic and constitutes a high point in and proof of the excellent relations between Greece and Egypt. A representative of His Holiness participated...
Foreign Minister Kotzias to participate in meetings of the EU Foreign Affairs and General ...
Foreign Minister Nikos Kotzias will be in Brussels to participate, on Monday, 12 December, in the EU Foreign Affairs Council (FAC) and, on Tuesday, 13 December, in the EU General Affairs Council (GAC).The FAC agenda includes EU-Africa relations and the main parameters of the issue of managing mixed migration flows, with emphasis on the EU’s cooperation with migrants’ countries of origin.During the working luncheon, the Foreign Ministers will focus on the humanitarian situation in Syria, while Mr. Kotzias will present Greece’s positions on the management of the Syrian crisis, and first and foremost the need to end the hostilities.The GAC...
Help Refugees: 'We will never abandon them'
The grassroots aid group working to move babies, children and their families out of freezing conditions in Greek refugee camps • CLICK HERE TO DONATE TO OUR APPEAL “Please let me know if there’s anything you can do for this woman,” says the voice in the Whatsapp recording. “She’s about to give birth any day, she’s living in a tent, and the conditions are awful.” Driving through northern Greece on a recent December night, a pair of volunteers from the grassroots aid group Help Refugees have just received this SOS from another aid worker. It is 7.32pm, and a young Afghan refugee is about to go into labour at one of Greece’s worst refugee camps. It is a few dozen tents on a remote and windswept hillside – but the government and the UN refugee agency can’t move her anywhere better. Can Help Refugees? Continue reading...
When to Throw Out Greek Yogurt
This article originally appeared on Spoon U and was written by Olivia Olson. It has been given minor edits before re-posting. Yogurt is a lifesaver. As someone who values a good night's sleep, I prefer to sleep in as long as possible before running to my 9 ...
Greek Unions Strike Despite Debt Relief Pledge
A man fishes next to moored passenger ferries during a 24-hour general strike against austerity, at the port of Piraeus, near Athens, Greece, December 8, 2016. Supporters of the communist-affiliated union PAME gather during a protest in Athens, Thursday ...
Second summit meeting between Israel,Greece and Cyprus
The formation of a regional emergency force was also discussed. The following is an excerpt from Mr. Netanyahu's remarks at the Trilateral Summit with Cypriot President Anastasiades and Greek Prime Minister Tsipras. They agreed that the next step would be ...
Hundreds of refugees, migrants arrive on GREEK island
Italian naval forces rescued almost 70 refugees and migrants from GREEK waters on Friday, after 200 more landed on the GREEK island of Lesbos.
Commission not fully aware of GREEK PM's declarations over special benefits
The European Commission was not fully aware of a one-off payment to GREEK low-income pensioners announced by PM Alexis Tsipras on Thursday, ...
GREEK crisis could erupt AGAIN as eurozone is too unrealistic, IMF warns
He insisted it would “mean less austerity for Greece and the GREEK people”, adding: “We would like to see debt relief that is commensurate with that.
Ocean Rig: Hellenic Petroleum Has Been Awarded Block 10 In GREECE'S Kyparissiakos Gulf
For HELLENIC PETROLEUM, which has a long-term experience in the upstream sector in GREECE and employs high-quality, specialized and ...
GREECE Consumer Price Index
GREECE Consumer Price Index - Harmonized (YoY) down to -0.2% in November from previous 0.6%. By FXStreet Team. SHARE. Share on Twitter ...
Greek government refuses lenders' demands for fiscal targets and labor market
Greek Finance Minister Euclid Tsakalotos told members of a top ruling SYRIZA party council on Wednesday that neither he nor the leftist government will back down from creditors' demands over labor sector liberalization or new austerity measures to achieve ...
Listen to how Homer’s Odyssey sounded when sung in original ancient Greek
While the Iliad and the Odyssey stand out as the ancient pillars of epic literature from the Western culture, there is complex historicity when it comes to their authorship. In essence, while it may seem controversial, Homer is a semi-legendary character ...
USS Mahan Visits Ancient Port of Call in Greece
PIRAEUS, Greece – The Arleigh Burke-class guided-missile destroyer USS MAHAN (DDG 72) arrived in Piraeus, Greece, Dec. 9, 2016, for a scheduled port visit, to enhance U.S.-Greece relations as the two nations work together for a stable, secure, and ...
Students Learn About Going Greek
successful leader as seen through the “Greek 101” presentations. All the movies and stereotypes in the media about fraternities and sororities is not what you will see at the University of New Haven. At U.N.H, the mission of the Greek Life Program is ...
Greek opposition updates European People’s Party on Turkey dispute
The President of the European People’s Party Joseph Daul and Chairperson of the EPP Group in European Parliament Manfred Weber met with New Democracy’s Giorgos Koumoutsakos. Mr. Koumoutsakos informed the EPP officials on the latest developments in the ...
Seasonally adjusted unemployment in Greece at 23.1% during September
• The seasonally adjusted unemployment rate in September 2016 was 23.1% compared to 24.7% in September 2015 and the downward revised 23.3% in August 2016. The number of employed amounted to 3,690,168 persons. The number of unemployed amounted to ...
Frontex Rescues 66 Refugees and Migrants on Islet off Chios
An Italian Frontex ship rescued 66 refugees and migrants stranded on the islet of Paspargos, near Chios on Friday morning, adding to the 200 people found earlier today during four separate search and rescue operations near Lesvos. The boat with the refugees and migrants had entered Greek territorial waters when it was spotted by Frontex […]