Politics
Australia
Greek Becomes Member of Ministerial-Mayors Advisory Panel
Minister for Local Government Jeanette Powell announced the establishment of the interim Local Government Ministerial-Mayors' Advisory Panel (MMAP) with the appointment of five mayors drawn from the five council groupings in Victoria.
Among the MMAP members is Greek-origin Helen Patsikatheodorou,...
Greece
Two Out of Three Greeks Believe Insolvency Inevitable
Over two thirds of Greeks (67.3%) believe that Greece will not manage to stave off insolvency.
This was shown in a quick poll conducted yesterday evening by Kapa Research immediately after the announcement of the latest austerity measures by the...
Economy
Greece Will Miss Its Deficit Targets Again
ATHENS - Wracked by recession, Greece will not meet deficit targets imposed by international lenders as a condition of a $152 billion bailout designed to keep the country from going bankrupt, the Finance Ministry admitted.The deficit is expected to...
Greece
Cabinet Unanimously Approved 2012 Budget, Layoff Plan
Greece’s Cabinet unanimously approved the government’s 2012 budget and plans to place 30,000 state workers in a labor reserve system, a government official said[...]
Economy
Leading German Politician Calls for Greek Eurozone Exit
A top official from Chancellor Angela Merkel's Bavarian sister party called Sunday for debt-mired Greece to exit the eurozone, as Germany's leader fights to keep her government on message during the crisis.
"I think it is a solution, if you...
Economy
Troika Resume Talks with Ministers
Top officials from Greece's international creditors were meeting Saturday with Greek ministers to discuss a measure to shrink the swollen public sector by partially laying off civil servants.
Finance Minister Evangelos Venizelos and Administrative Reform Minister Dimitris Reppas met auditors...
Cyprus
Papoulias Assures of his Country's Steadfast Support to Cyprus
Despite the lack of contribution on the part of the Turkish side for a comprehensive, just and viable settlement of the Cyprus problem that will be based on UN Security Council decisions and will abide by the EU principles...
Economy
Greece’s Next Plan: Pay You Back in 100 Years
ATHENS - Struggling to pay back international investors who are demanding – and getting – usurious interest rates nearing 70 percent for two-bonds, Greece is reporting considering a new idea to pay them back – in the 22nd Century.
One...
Economy
Greek and French Leaders Meet About Debt Crisis
The Greek premier met France's President Nicolas Sarkozy at the Elysee Palace, a day after German lawmakers threw the ailing eurozone a lifeline by agreeing to boost the bloc's 440-billion-euro ($590-billion) bail-out fund.
President Nicolas Sarkozy said Greece's leader pledged...
Economy
Troika Demands Immediate Job Dismissals
With the labour reserve measure as a spearhead, the Greek government continues negotiating with the Troika to finalize the State Budget by Sunday.
Information indicates that international lenders dispute the sufficiency of the announcement on the labour reserve, and call...
events
China Ηonors Crete for Aiding its Citizens' Transport
A Chinese delegation arrived today at Crete and expressed its will to honor the Greek island for the great help and support it has offered during the transport proceedings of Chinese citizens working in Libya.
The delegation paid visit to...
Greece
Greek-Turkish Dogfight Over Athens FIR
According to Ethnos daily, an extreme Greek-Turkish dogfight emerged three times yesterday afternoon over the North and Central Aegean Sea, with the Turkish pilots violating Athens FIR despite Greek pilots’ warnings.
In total, 12 Turkish F-16 fighter jets violated North...
Economy
Oct. 13 is D-Day (Decision, Not Default) for Greece
ATHENS - Greece will know on Oct. 13 whether international lenders will release an $11 billion loan installment needed to keep the country from going bust and unable to pay its workers and pensioners, German Finance Minister Wolfgang Schauble...
Australia
Greek Couple Sues Government for Their ”Haunted” House
A Greek couple has sued the NSW government for not helping them sell or simply get rid of their “haunted” house in Sidney.
Previous renters of the Alexiou’ house were a couple now serving jail sentences for life for letting...
Greece
Government Divided On Public-Sector Job Cuts
Greek government is divided over a controversial plan to cut tens of thousands of jobs in the public sector as it has promised the country's international creditors, with some agencies declining to put forward layoff plans.
Two senior government officials...