Greek shipowners have warned of havoc on vital international ocean trades if the menace of piracy is not curtailed more effectively. The message was spelt out “in no uncertain terms” by a delegation of Greek owners who visited Washington this month, meeting rule makers and officials including US Secretary of Transportation Ray La Hood. “They [...]
Time to Clean Up the Garbage and Repower Greece
For two and a half weeks, my commute to work has involved step-stoning through wide expanses of trash. Plugging my nose has become second nature. Like the rest of Athens, I have started to forget that there were once marble and cobblestone sidewalks beneath the mountains of garbage. The trash men are striking indefinitely as [...]
National Parades Sabotaged By Protesters
Greeks protesting austerity measures sabotaged the national school student parades in many areas of Greece. In Greece’s second largest city, Thessaloniki, the demonstrators heckled President Karolos Papoulias and other attending officials, calling them traitor. Some anarchists spat at retired military officers. In the city of Trikala of South Greece, a protester attacked an MP of PASOK [...]
Counter-Terrorist Agency Sergeant Arrested for Armed Robbery
Sergeant of the National Counter-terrorist Agency was arrested on Wednesday in the region of Agios Dimitrios for an armed robbery at the agency of the betting operator OPAP. The 46-years-old officer is accused of entering the agency armed with a gun and stealing money. The alleged offender was witnessed by a special guard not on [...]
Harvard Professor Says Greece Will Exit Eurozone
A plan to wipe out 50 percent of Greece’s debt to international lenders is not enough to keep the economy from collapsing and eventually forcing Greece to leave the Eurozone, the 17-country institution of members using the euro as a currency, Harvard University economist Kenneth Rogoff has predicted, adding that it will likely leave within [...]
Fitch: Greek Rating Likely Stays “Junk” After Deal
Greece’s credit grade will remain low, probably still in “junk” status, even after its debt load is cut as part of a European plan to fight the financial crisis, Fitch ratings agency said Friday. Fitch said Friday that the deal would result in a temporary default, as widely expected. After the private creditors have swapped [...]
Thessaloniki: Parade Got Gancelled-President of Greek Democracy Forced To leave
Carolos Papoulias, President of the Greek Democracy was forced to leave from the parade celebrating[...]
German Austerity Policies Remind Greeks of Nazi Occupation
According to Reuters, the harsh austerity measures imposed by the German mechanisms on the Greek people have revived historical enmities and many Greeks are beginning to compare the current circumstances to the Nazi Occupation of Greece during World War II. On the occasion of the “Oxi” celebrations in Greece on the 28th of October tension [...]
Number of Households Needing Food Aid on the Rise
Hunger is increasingly becoming a problem among poor Greek households, with more and more families unable to make ends meet, the Greek branch of the humanitarian aid organisation ‘Doctors of the World’ warned in a press conference on Wednesday. It said volunteer doctors working at the organisation’s four health centres in Athens, Perama, Thessaloniki and [...]
Cyprus Finance Minister: Government Ready to Shore Up Banks
Cyprus’ Banks are expected to try to raise capital privately to strengthen their capital adequacy, Finance Minister Kikis Kazamias has said, stressing that the Government is ready to step in and take all actions necessary to ensure financial stability. In a written statement issued Wednesday, Kazamias noted that the whole banking system at EU level [...]
Lesvos Island Offers Assistance to Quake-Hit Turkey
Members of the Organization named “Coexistence and Communication at the Aegean” made an appeal to the people of Lesvos island for offering assistance to Van, Turkey, recently hit by an earthquake. Essentials will be accepted by the Greek Rescue Team, such as blankets, diapers, bandages, shoes, torches and batteries. These items will be sent to Ayvalik, [...]
Papandreou: New EU Aid Deal Buys Nation Time For Reform
Prime Minister George Papandreou said Thursday that a new aid deal for Greece, which also includes a 50% write-down of the country’s debt, would give Greece time to enact badly needed reforms. Speaking in a nationally televised address, Papandreou also moved to reassure nervous Greeks that the debt write-down would not collapse the country’s banks, [...]
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Calendar – Exhibits, Concerts, Fun
- Greek-By-Choice Pedro Olalla Honored May 20, 2013
- AHEPA Day Celebration Hosted In Athens May 20, 2013
- Greek Gastronomy Days At Benaki Museum May 20, 2013
- Open Call for Greek Designers May 19, 2013
