Politics
Economy
Stuck in Crisis, Greece Just Can't Compete
Greek Prime Minister Antonis Samaras’ hopes of bringing in development to help Greece grow out of recession and a strangling financial crisis took a hit with a finding that the country’s competitiveness has fallen seven places, ranking 90th in...
Economy
Study Says Instant Austerity Will Worsen Greek Recession
Greek Prime Minister Antonis Samaras’ failure to get a two-year delay for more austerity measures that international lenders want applied immediately will be costly, a state-sponsored study has found, because it will keep the country in recession even longer.
Samaras’...
Canada
Gerry Sklavounos Re-elected in Quebec Provincial Election
A Quebec politician of Greek origin, Gerry Sklavounos, has been re-elected for the third time - with a 2,000-vote margin, as a Liberal Member of the National Assembly for the electoral district of Laurier-Dorion, where the Greek community has...
Economy
Schaeuble Squeezes Stournaras to Stick to Austerity
As Greece prepares to lower the boom again on workers, pensioners and the poor to keep international aid coming, German Finance Minister Wolfgang Schaeuble has warned again that there can be no let-up in austerity measures and reforms.
The hard-liner...
Cyprus
Russia OK's $6.28 Billion Loan for Sinking Cyprus
Economically-strapped Cyprus, looking for bailouts, will reportedly get a 5 billion euros ($6.28 billion) loan from Russia, with which Greek Cypriot President Demetrias Christofias, a Communist educated in Moscow, has good ties, but the government has refused to confirm...
Economy
Protesting Greek Pensioners Occupy Health Ministry
Several dozen pensioners pushed past police and stormed into the Health Ministry in Athens on Sept. 4 to protest the government’s failure to pay doctors and pharmacists for overdue state insurance bills, which has resulted in the elderly being...
Europe
European,Japanese Managers Say Greece Will Quit Eurozone
In a research piece in the German newspaper Süddeutsche Zeitung, a majority of managers in Europe and Japan said they expect Greece to leave the Eurozone despite $325 billion in two bailouts from the ECB-EU-IMF Troika.
Roland Berger, a German...
Economy
Union Says Greek Unemployment Could Reach 29%
Greece's largest labor union has warned that the country's unemployment rate - now at 23.1 percent will reach 29% in 2013 if the government carries out more planned austerity measures that include $14.16 billion in cuts for 2013-14.
"The course...
Africa
Papandreou Visits the Greeks of Cape Town
Former Greek Prime Minister George Papandreou met administration representatives of the Hellenic Community of Cape Town Africa as well as with several Greek members while he was in South Africa to attend the 24th Socialist International Congress, and was...
Economy
Most Germans Αnticipate a Greek Εuro Εxit
According to a Financial Times poll, only a minority of ordinary Germans want Greece to stay in the eurozone. There's not much optimism left that the government in Athens will be push through required reforms.
Only about a quarter of...
Economy
U.S. Companies Readying for Greek Eurozone Exit
While Greek Prime Minister Antonis Samaras’ uneasy coalition government is proceeding to make $14.16 in more cuts demanded by austerity measures to help keep the country from defaulting, American companies are reportedly already preparing for Greece’s exit from the...
Australia
Tony Abbott: “We’ll Help Greeks to Come to Australia to Work”
Australia's opposition leader Tony Abbott said in an interview with Neos Kosmos that he will try hard to help Greeks under the age of 30 seeking a Work and Holiday visa that will let them move to Australia for a year.
Abbott...
Europe
Efstathios Andreou a Candidate in Dutch Elections
Efstathios Andreou will be the first candidate of Greek origin to run in elections in the Netherlands, with his name on the Sept. 12 Parliamentary ballot with the Dutch Christian Democratic Appeal (CDA) party.
Andreeou, 36, was born in Rotterdam,...
Economy
ECB Eyes Greek Myth Symbol for Euro Note Security
As Greece continues to teeter on the brink of bankruptcy and is regarded as unreliable and untrustworthy for lying about its economy and breaking its promises to reform, the European Central Bank (ECB) is reaching into the country’s mythological...
Greece
Greek Conservatives Keep Slight Lead Over Opposition: Poll
Greek Prime Minister Antonis Samaras's conservatives have maintained a slight lead over the main opposition party Syriza, according to an opinion poll published Sunday.
New Democracy, the major partner in the coalition government, enjoyed a 24.8 percent lead over the...