Greece
Business
Giannis Mpoutaris, "Soros Gives Money to the Poor, But What About Other Greek Tycoons?"
The Mayor of Thessaloniki, Greece, Giannis Mpoutaris inaugurated the first center of Solidarity Now in the middle of the city. He made special reference to the Open Society Foundation of the American investor George Soros, and donations made by the organization...
Greece
Athens to Host Funeral for Greek Tycoon's Son
The funeral for Sokratis S. Kokkalis is to take place at 11.00 a.m. on Friday at the Athens Cathedral, the Kokkalis Foundation has announced.
An announcement issued by the family thanked people "for the great and moving tide of support"...
Greece
Luxurious Greek Yachts Remain Unsold
Many luxurious yachts belonging to Greek tycoons remain unsold, many of which were built by some of Greece's most famous. The luxurious past of these yachts and their historic connection with the famous Greek tycoons doesn't seem to have...
Cyprus
Russian Tycoons With Billions in Cyprus
Until last week when Eurozone officials began demanding the Cypriot government confiscate up to 9.9 percent of bank deposits to secure a 10 billion euros ($13 billion) Cyprus was a favorite tax and money-laundering haven for foreigners, especially Russians,...
Greece
Greek Crisis: 120,000 Euros for a Champagne Bottle in Mykonos
It's no secret that the Greek island of Mykonos attracts worldwide jet-setters and rich celebrities during the summer, many of which have expensive habits. But how far would these VIPs go to impress their rich friends and show off...
Economy
ΝΥ Τimes Report: Economic Crisis Brings Insecurity to Wealthy Greeks
One of the biggest economic problems in Greece is tax evasion. Not only did ordinary people do their best to avoid paying some or even all of their taxes, but also the rich and prosperous were expanding their fortunes...
Business
Greece's Shipping Dominates in Europe, in High Demand Worldwide
Greek shipping dominates in the European Union with 53 percent of vessels belonging to Greek tycoons, while at the same time Greek ships account for 21 percent of the global fleet, according to Naftemporiki newspaper.
The figures come from the...
Culture
The Long History Behind Summer Vacation
Who were the first people in history to introduce the concept of vacation? How exactly did ancient Greeks used to spend their free time during the summer months? When was the first time travel packages began to sell? Why are...
Diaspora
George Soros Opens Solidarity Center in Greece
The Guardian featured an article today about George Soros and the opening of his “Solidarity Center” in Thessaloniki, Greece, the first of many he plans to open in order to help Greeks who were hit the worst by the...
Greece
The Liberty Ships and the Beginning of Greece’s Maritime Rule
The mass-produced Liberty ships that played a significant role during WWII eventually helped Greece become the world's leading maritime power.
Although British in concept, the design was adopted by the United States for its simple, low-cost construction. Mass-produced on an...
Business
Aristotle Onassis: Greece’s Larger Than Life Tycoon
Aristotle Onassis was one of the most famous Greeks in the entire world in the 20th century, a visionary and one of the richest men
Greece
Historic Asteras Vouliagmenis Resort Re-Opens March 29
Asteras Vouliagmenis, the emblematic resort of the Athens Riviera, re-opens on March 29 as Four Seasons Astir Palace Hotel Athens to revive its glory on a new level of luxury.
The renovated resort operated by Four Seasons offers visitors three...
Greece
Luxurious Sailboat Cruises into Thessaloniki Harbor
The Sea Cloud, one of the world's most luxurious sailing yachts, cruised into Thessaloniki harbor in northern Greece this morning at 8.00 am.
The massive vessel is carrying 58 American passengers, mostly university lecturers. In its lifetime, the Sea Cloud has hosted tycoons, monarchs,...
Greece
Freedom House: Greece a Partly Free Press Country
Freedom House, a non-profit media monitoring group, said its annual analysis of economic, legal and political conditions in 197 countries worldwide shows press freedom in central Europe declining.
In this year’s survey, the average ranking of the six former Soviet...
Greece
Luxurius 'NIkki Beach' Resort Opens in Porto Heli
"Nikki Beach," the legendary and one of the most luxurious resorts in the world, is opening its gates in Greece hoping to attract the elite of the Greek and international jet set.
The Nikki Beach Hotel and Resorts chain will open a resort on...