German Chancellor Angela Merkel said on Monday it would not be possible to pay out the next aid tranche to Greece without rapid progress on its second rescue package, including the voluntary restructuring of Greek debt held by its private creditors. “We must see progress on the voluntary restructuring of Greek debt,” Merkel told a [...]
Homeless Man Freezes to Death in Chania
Lying on a bench right next to the central Christmas tree of the town of Chania, a 63-year-old homeless man was found dead last Saturday evening, according to an Ethnos daily report. Unfortunate Mr. Michalis, as his name was, froze to death after the past days of cold weather conditions and famine. Covered in two [...]
Financial Times: A Haircut of 55-60% More Likely for Greece
Greek bondholders are set to accept higher losses as the contentious negotiations over a writedown of Athens’ debt burden come to a head in the next week, according to the Financial Times. People involved with the discussions about so-called private sector involvement, or PSI, said that bondholders were likely to suffer a haircut of 55-60 [...]
Thieves steal Picasso and Mondrian from Greek National Gallery in 7 Minutes!
Greek police say thieves have broken into the country’s biggest art museum in Athens and stolen two paintings and a sketch. A police spokeswoman stated that the theft at the state National Art Gallery took place before dawn on Monday. The missing works are Picasso’s 1939 painting, “Woman’s Head,” donated by the artist in 1949, Dutch [...]
2012 Brings Muslim Facebook to Greek Muslims
From Twittering Quranic verses and religious injunctions to using smartphone apps like iPray and iQuran to find the nearest mosque or halal restaurants, the emergence of Muslim social networking is an interesting phenomenon that can perhaps be attributed to the need to create a more conservative forum for discussion with stricter regulations. Islamic social network [...]
Japanese Documentary Film Featuring the Greek Island of Crete
The crew of a Japanese ΤV Channel has undertaken the shooting of a documentary film about the Greek island of Crete and its customs. The shooting of the film began on Epiphany Day in the region of Saint Nikolaos in Crete, where the blessing of the waters took place. The next shooting was held on [...]
One Climber Dead During Cold Spell in Greece
The cold weather in Greece caused the death of one climber and some material damage as the country was gripped by a cold front this weekend, local authorities and media stated on Sunday. Rescue teams retrieved the body of a young Greek mountaineer who went missing when the group of alpinists climbing the northern mainland [...]
Winter Sales Period Begins January 15 to Make Up for Holiday Losses
The winter sales period officially begins on January 15, running through the end of February, with merchants offering substantial discounts of up to 70 percent in the hope of drumming up much-desired sales to make up for some of the immense losses suffered throughout the year due to the crisis and deep recession in Greece. [...]
Sheikh Abdullah bin Zayed Al Nahyan to Visit Greece on Wednesday
Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister of the UAE, will pay an official visit to Greece on Wednesday, heading the UAE’ s trade and economic delegation. The delegation will discuss bolstering the bilateral cooperation ties between the UAE and Greece. It includes senior officials from a number of public local and federal institutions, [...]
01/08/2012: Latest Greek Super League Results with Video
Defending champion Olympiakos was held to a 0-0 draw at last-place Drama on Sunday, allowing archrival Panathinaikos to close the gap atop the Greek league to four points with a 1-0 win over visiting Kerkyra. Sebastian Leto scored his league-leading 15th goal of the season to secure the victory for Panathinaikos, which has two games [...]
Εx-Minister Rams Car Into Police During Traffic Check and Avoids Arrest
A former Greek minister avoided arrest late Saturday after ramming his car into a policeman during a traffic stop, a police source and other reports stated on Sunday, cited by AFP. Kimon Koulouris, 71, had been pulled over after running a series of red lights in central Athens, the police source said. He then allegedly [...]
Merkel Coalition Partner: Euro Would Survive Greek Exit
The head of one of Angela Merkel’s coalition partners contradicted one of her tenets on the euro on Saturday, saying that the EU would be fine if a country dropped the currency. Horst Seehofer, leader of the conservative Christian Social Union (CSU), said in an interview with Deutschlandfunk radio that he did not agree with [...]
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Calendar – Exhibits, Concerts, Fun
- Crete Hosts Talks On Ancient Novels May 23, 2013
- Velos Mutiny Honored in Special Ceremony May 23, 2013
- Contemporary Theatrical Adaptation of Homer’s Iliad May 22, 2013
- A Greek Portfolio at The Benaki Museum May 22, 2013
