Politics
Cyprus
Turkey Searches for Oil on Greek Continental Shelf
Tension amidst countries of the Eastern Mediterranean seems to further escalate after Turkey’s diversion tactic of proceeding with the drilling of possible exploitable oil reserves in the maritime area south of the island of Kastelorizo.
Yesterday afternoon, the Turkish government...
Greece
ND Leader at 76th Thessaloniki International Fair
Main opposition New Democracy leader Antonis Samaras was in Thessaloniki on Friday for the 76th Thessaloniki International Fair (TIF).
On Saturday evening, Samaras will deliver an address at the Vellidis conference center, while at 1:00 p.m. on Sunday he will...
Economy
Another EU Task Force Descends on Greece
ATHENS – Already under the thumb of the EU-IMF-European Central Bank Troika which is requiring Greek Prime Minister George Papandreou to keep cutting workers pay, pensioners benefits and raising taxes as a condition of getting rescue loans to keep...
Economy
EU Wants Greek Private Sector Workers Pay Cut Too
ATHENS – With public workers set for another barrage of pay cuts – teachers already bracing for a retroactive salary slash of 380 euros, or $525 per month – European Economic and Monetary Affairs Commissioner Olli Rehn has proposed...
Economy
Greeks Driven Up the Wall by New EU/IMF Property Tax
Τhe Greek Ministry of Finance is breaking the backs of all Greeks by imposing a new property tax in order to prove to the EU and IMF that the government stays true to its creditors’ austerity programme.
At the news...
Greece
Ragoussis Asks for Full Liberalization for Taxes and Trucks
Minister of Transport Yiannis Ragouss stated that the transport liberalization will go on as planned. According to the Transport Ministry’s law, anyone wishing to apply for a taxi or a truck license will be able to do so dismissing...
Economy
Decision on New Greek Bailout Funds Delayed Until October
Eurozone chief Jean-Claude Juncker says the 17 countries using the European common currency have delayed until October a decision on an 8 billion-euro[...]
Economy
Xinhua: Ditching Greece From Euro Zone Not An Option
Kicking Greece out of the euro zone would be tantamount to giving up Europe΄s fight against the debt crisis, which is "not an option," China΄s state-run Xinhua News Agency said in a commentary Friday.
Such a move "would inevitably raise...
Greece
Longer Military Service is Back on the Table
Talking today on NET, Mr. Beglitis said that the country’s professional army system is currently facing serious problems and shortages, both in manpower and financial sources, due to the bad economic situation.
However, he avoided stepping into any further details...
Economy
Greek Workers Threaten Action Strikes, Papandreou’s Security Bill In
ATHENS – As the Greek government readied more pay cuts and tax hikes for the country’s beleaguered workers, middle-class, poor and pensioners, the main civil servants union ADEDY said it’s ready to strike back, angry over a scheme that...
Economy
Greek Crisis Threatens Eurozone Survival
ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots over government-imposed pay cuts, tax hikes and slashed pensions to satisfy international lenders putting up...
Australia
Australian Hellenic Competition Aims at Education
Once again, the Australian Hellenic student competition is orgasnized by the Memorial Foundation in cooperation with Dr. Charalampos Ladopoulos. This is its second year of running.
This competition aims to educate the young students and inform them about what position...
Australia
Α. Synodinos Only Minutes Away from the Senate
Athanasios (Arthur) Synodinos is certainly entering the Australian Senate, according to all political reports.
The Executive Committee of the New South Wales Liberal Party (NSW) whose President is Mr. Synodinos, endorsed his candidature to fill the Senate vacancy, following the...
Greece
Sarkozy, Merkel 'Convinced' Greece to Remain in Euro Area
Greece is an "integral" part of the eurozone, the leaders of Greece, France and Germany said in an emergency teleconference Wednesday night that aimed to calm markets and temper talk of an imminent default by Greece.
German Chancellor Angela Merkel...
Economy
Greece Stops Paying Bills
Strapped for cash and facing the prospect of being unable to pay workers without the next installment of rescue loans from international lenders, Greece has frozen payments to its creditors, but will keep sending out checks for salaries and...