Politics
Greece
Greece In 48-Hour Agony
Greek Prime Minister George Papandreou flies for Brussels today to have a series of meetings, which are covered in full secrecy for fear of any leakage of solution scenarios.
“We go to the Summit with specific positions, but without specific...
Greece
Vanishing Cyprus Series: "Refugee Exploitation"
Guest writer: Andreas C. Chrysafis
Andreas C. Chrysafis was born in Cyprus and lived in the UK and Canada for most of his life. He’s a published author but today, he devotes his entire time in producing works...
Cyprus
Christofias Requests Minister of Foreign Affairs to Remain in Position
President Christofias has requested Kyprianou to remain in his position. The Minister of Foreign Affairs resigned after the explosion at Mari naval base. The president of the Cypriot Democracy also stated that those responsible for the explosion will be found and sentenced by the courts...
Cyprus
Cypriot Minister of Foreign Affairs Kyprianos Resigns
Cypriot Minister of Foreign Affairs, Markos Kyprianos has resigned, giving the tragedy at the Cyprus naval base “Evangelos Florakis” as his reason.
According to information from the Cypriot channel RIK, the Minister sent a letter to the President of the...
Greece
Clinton: US Backs Tough Greek Austerity Measures
U.S. Secretary of State Hillary Rodham Clinton, in Athens on Sunday, voiced strong American support for financially troubled Greece's economic recovery plans and urged the nation to forge ahead with painful reforms.
In meetings with senior Greek officials, Clinton underscored...
Greece
Clinton in Greece to Show US Support for Economic Recovery Plans
U.S. Secretary of State Hillary Clinton has arrived in Greece for two days of talks with government officials that are expected to focus on the country's economic crisis.
Clinton arrived Saturday, after wrapping up a trip to Turkey. She is...
Greece
Illegal products to be Destroyed Immediately
The current Minister of Development, Competitiveness and Shipping, Michalis Chrisochoidis announced that according to a new law applied from today, illegal products being confiscated by authorities will be destroyed immediately with a spray.
More accurately, authorities confiscated in the market...
Economy
Step by Step Gamble Releasement in Greece
The liberation of gambling makes the privatization of companies more attractive. The state participates in this initiative via OPAP and Horse Racing Organization in Greece.
According to data, 35,000 slot machines are going to enter the market and 16,500 of...
Greece
Telephone Conversation between Papandreou & Putin
Prime Minister Georgios Papandreou had a telephone conversation with his Russian counterpart Vladimir Putin yesterday.
The contact was an initiation from the Greek side. The Greek government sent condolences to the Russian authorities about the incident that happened in Volgas....
Greece
Latest Political Opinion Poll Results Released
Main opposition New Democracy (ND) party leads ruling PASOK party by 6 percentage points, according to a poll carried out by the Public Issue company and unveiled by a local newscast on Thursday.
According to the poll, ND garnered 32.5...
Cyprus
Cypriot President Christofias Addresses Nation on Explosion
The President of the Cypriot Democracy announced during a television address to the nation that all events and conditions which led to the deadly explosion will be investigated. Every accountable person responsible for the incident will face justice. He...
Greece
Greece and the European Union in an Era of Uncertainty
GUEST WRITER, Vassilios Damiras, a Defence Analyst in the USA, shares his opinions.
The economic and political crisis in Greece has created a new era of questioning the effectiveness of the European Union (EU). Greek involvement with the EU had...
Greece
PM Says Second Bailout Needed Urgently
Prime Minister George Papandreou said the euro zone and International Monetary Fund must quickly approve a second bailout for his country to avoid its economic reform plans collapsing, a German newspaper reported.
"The current mood doesn't help us to get...
Greece
Schäuble: September is an Important Month for Greece
Schäuble stated on Deutschlandfunk radio that there is still time for Greece. The next scheduled installment will be in September. He actually stated the general impression of Eurogroup, which was held yesterday.
The Finance Minister, explained that a new plan should...
Greece
Greece Seeks new Bailout by Late August
Finance Minister Evangelos Venizelos said on Tuesday that he hoped the European Union would conclude talks on a second bailout for Greece by the end of August, adding that reforms would be accelerated to secure the next tranche of...