Politics
Greece
Chinese Ambassador to Greece Visits Crete
Chinese Ambassador to Greece, Du Qiwen has travelled with his wife to Crete in order to pay tribute to the major Greek author Nikos Kazantzakis by laying a wreath on the latter’s tombstone and visiting the Nikos Kazantzakis Museum.
In...
Economy
Govt Spokesman: Greece Will Leave Euro if Second Bailout Fails
Greece will have to leave the eurozone if it fails to clinch a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday.
It was an unusually public stark warning from the...
Economy
Greek Prosecutor Charges Customs Officials in Tax Case
ATHENS – With pressure mounting on Greece to go after tax evaders and an embarrassing turnaround for the government after two top prosecutors going after tax cheats first resigned over what they said was political interference only to quickly...
Greece
Samaras Says Elections Should Be Held by Mid-April
The leader of Greece's conservative New Democracy party, which participates in the country's coalition government, said elections should be held before mid-April.
The statement comes during a disagreement with the Socialists on when the country should go to the polls.
In...
Economy
Provopoulos Says Return to Drachma Would Be Hell
Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, warning that such a move would result in a massive devaluation.
"A return to the drachma would mean...
Economy
Economic Prosecutors Peponis and Mouzakitis Remain in Position Until Further Notice
Prosecutors heading the judicial task force charged with fighting tax evasion, Grigoris Peponis and Spiros Mouzakitis have been called by the supervising economic prosecutor Nikolas Pantelis at Areios Pagos earlier today.
The two men submitted a memorandum to deputy prosecutor...
Economy
11 Reasons Why Greece Really Went Broke in 2011
ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom every year is a banner year of profiteering, 2011 was the worst year for most...
Cyprus
Cyprus Says Turkey is a Destabilizing Factor in the Region
President of the House of Representatives of the Republic of Cyprus, Yiannakis Omirou stated after visiting the “Michalakis Parides” military camp that Turkey is a real threat against the Hellenism of Cyprus, adding that the EU and the international...
Greece
Russian Patriarch Asks Greek President to Release Abbot Efraim
Patriarch of Moscow and all Russia Kirill asked from the Greek President Karolos Papoulias to intervene and release Archimandrite Ephraim, superior of the Mount Athos Vatopedi Monastery, since he is no threat to the public and is willing to...
Greece
Papandreou Commits to Reconvening Political Council on January 4th
Despite some calls for a meeting of PASOK’s national council to be called so the process of electing a new leader could begin, Papandreou only committed to reconvening the political council in January.
PASOK heavyweights put pressure on party chief...
Economy
Greece’s Tax Evasion Prosecutors Quit, Blame Political Interference
ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the two prosecutors in charge of going after tax cheats costing the country more than $60...
Economy
Greek Christmas Sales Crash, More Stores Set to Close
ATHENS – Hopes by retailers that cash-starved Greek would open their wallets and spend what’s left after an avalanche of pay cuts, tax hikes, slashed pensions and scores of thousands of layoffs as the country tries to stave off...
Greece
Yilmaz Denies Greece Forest Fire Report
A former Turkish prime minister is denying that he alleged that government agents set forest fires in Greece, Turkey's traditional foe, in the early 1990s.
The Turkish newspaper Birgun reported that Mesut Yilmaz referred in an interview last week to...
Economy
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...
Greece
Greece Requests Turkey Clarifications Over Mesut Yilmaz's Remarks on Forest Fires
Greece requested clarifications from Turkey on Monday regarding former Turkish Prime Minister Mesut Yilmaz's statements over a "Turkish link" to devastating forest fires in Greece in the past.
"The Greek side awaits to be informed on the matter by the...