Angry that a prominent Greek TV station hosted four members of the neo-Nazi Golden Dawn party on a show, critics have begun a Twitter campaign pushing a boycott of any media that gives time to the extremists, who have 18 seats in the Parliament. The campaign was launched after SKAI host Yiorgos Tragkas had the [...]
Tag Archives | Coca-Cola
Pop Goes Out of Greek Coke Sales
Greece’s biggest company, Coca-Cola Hellenic – planning to move its headquarters to Switzerland – showed a 12 percent drop in profits in the country last year, showing net earnings of 285 million euros, some $379.56 million. The company blamed the results on a big drop in sales in developed markets to which it distributes, the [...]
Puma Joins Exodus From Greece
The noted athletic shoe and sporting goods company Puma said it’s giving up on Greece too, joining companies such as Coca-Cola – the country’s biggest – and the giant dairy Fage in fleeing the fiscal crisis and high taxes for other lands. Hundreds of other smaller businesses have also abandoned Greece, with many going to [...]
Two of Three Greek Firms Losing Money
How bad was 2012 for Greek companies? There were two loss-making businesses for every one that turned a profit among the 267 listed on the Athens Stock Exchange, bleeding money during a crushing economic crisis, the newspaper Kathimerini reported. With austerity measures worsening the country’s six-year recession and creating a record 26.8 percent unemployment, investor [...]
Greek Certainties: Death, Taxes and Tax Evaders
Raising taxes is supposed to be antithetical to Republicans and Greece’s New Democracy Capitalists who usually pin that on Democrats and the Left. But it wasn’t surprising when, instead of going after tax evaders who owe their beloved country $70 billion but hide their money in secret bank accounts in Switzerland, Singapore, Luxembourg, Lichtenstein, the [...]
Greek Researchers Show Coke’s Health Benefits
Apparently, things do go better with Coke, at least according to Greek researchers. The new edition of the journal Alimentary Pharmacology and Therapeutics presents a Greek study showing that drinking Coca-Cola may prove helpful to those patients suffering from clogs in their gastrointestinal system caused by the ingestion of digested fruits and vegetables. A team of [...]
Tsipras Says More Austerity “Final Blow” for Greece
Greek Prime Minister Antonis Samaras is trying to persuade his reluctant coalition partners to go along with a $17.45 billion spending cut and tax hike plan, the major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras renewed his opposition and said more austerity would be the end of Greece. “If these measures [...]
Coca-Cola Exit May Speed Greece’s Cut to Emerging Market
Coca-Cola Hellenic Bottling Co. SA (EEEK)’s decision to leave its home equity market in Athens for London increases the chance that Greece will be demoted to an emerging market next year, MSCI Inc. (MSCI) said. The index provider put Greece’s stock market under review for downgrade from developed status on June 20 and will make [...]
Economides’ Greece: An Old Country Needs a Brand New Name
ATHENS – Ten years ago, Peter Economides, a marketing strategist who helped re-launch a dying Apple computer company into the world’s second-largest business, left New York, came to visit Greece, stayed at a hotel on Athens’ southern coast, saw the sun set on the nearby island of Aegina, and came home. Although a South African, [...]
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05 / 19 Kouvelis Wants A New Cabinet
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05 / 19 Salamina Tavern Explosion Injures 13
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05 / 19 Golden Dawn Wreath Laying Causes Clash
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05 / 19 Open Call for Greek Designers
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05 / 19 Crisis Pushes Greeks Back To Mommy
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Calendar – Exhibits, Concerts, Fun
- Open Call for Greek Designers May 19, 2013
- Greece Celebrates International Museum Day on May 18 May 18, 2013
- Edessa Cherries, Wine For Gastronomy Fair May 17, 2013
- Greek Choreographers Festival In Thessaloniki May 17, 2013
