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NYC Greek Parade Takes Over 5th Avenue

Despite the adverse weather conditions, hundreds of Greek Americans and guests gathered on NYC’s famous 5th Avenue to attend the annual Greek parade and celebrate Greek Independence on Sunday, April 30. The continuous rain did not seem to be able...

Libra’s Lomar Shipping Acquires German Firm Carl Büttner

Lomar Shipping, a maritime subsidiary of Libra Group, has acquired the Bremen, Germany-based shipping firm, Carl Büttner (CB). The acquisition of the 166-year-old shipowner and manager—known for its technical management expertise and strong maritime legacy—is Lomar's most recent step to...

Casino Loutraki Could Go Under

The Casino Loutraki is in danger of imminent closing unless new funding can be found, company officials said. The business is a joint venture with 84 percent belonging to individuals and a bank and 16% to a company of...

Greek Prosecutor Wants Papandreou Investigated

ATHENS – Former Prime Minister George Papandreou should be investigated to see if there was any wrongdoing in how he handled the country’s economic crisis and imposed waves of pay cuts, tax hikes, slashed pensions and layoffs of public...