Greek Foreign Minister Meets with Turkish Counterpart in Vilnius

Stella Tsolakidou
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Greek Foreign Minister Meets with Turkish Counterpart in Vilnius

Greek Foreign Affairs Minister Stavros Dimas met on Tuesday with his Turkish counterpart Ahmet Davutoglu on the sidelines of OSCE Ministerial Council in Vilnius, Lithuania.

This was first meeting between the two foreign ministers since Dimas assumed office on November 11, 2011.

Turkish diplomatic sources said Davutoglu had invited Dimas to visit Turkey, citing the Turkish FM as telling his Greek counterpart that Turkey was ready to extend help regarding Greece’s efforts to tackle the current economic crisis.

Giscard d’Estaign Suggests Greece to Consider Euro-Exit

Stella Tsolakidou
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Giscard d’Estaign Suggests Greece to Consider Euro-Exit

Former French President Valery Giscard d’Estaing suggested Athens to seriously consider exiting the Euro in order to avoid imposing further financial tortures upon its people.

Although the former French President had once supported Greece’s accession in the European Economic Community and the Eurozone afterwards, in his interview to Reuters news agency, d’Estaign said Greece is facing a difficult choice.

“Greece could stay in the Eurozone but it is very difficult to achieve economic recovery with a strong currency,” the 85-year-old former president told Reuters. “Is it better to use a national currency for a period or have the safety of a strong currency? It is Greece’s choice.”

Anyhow, he seemed positive Greece would remain in the European Union, whether the country chose to keep the common currency or not.

Asked about French President Nicolas Sarkozy’s repeated assertion that it would be disastrous if one country were to leave the euro, Giscard said: “He is wrong”.

According to Giscard, Europe must defend itself against speculators, whom he suspects to be mainly serving American interests.

Olympiacos Beat Arsenal But Bow Out

A. Makris
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Olympiacos Beat Arsenal But Bow Out

Olympiacos FC produced a stirring display to defeat Group F winners Arsenal 3-1 but bowed out of the UEFA Champions League in dramatic fashion due to events elsewhere.
Two goals up at half-time through Rafik Djebbour and David Fuster, the Greek side were pegged back by Yossi Benayoun’s splendid volley before re-establishing their two-goal cushion through François Modesto in the final minute.
With maximum points and a place in the last 16 alongside Arsenal imminent, the celebrations were abruptly halted as news filtered through that Olympique de Marseille had scored twice late on to win 3-2 at Borussia Dortmund, snatch second place and leave Ernesto Valverde’s side in the UEFA Europa League.
(source: UEFA)

Greek Lawmakers Passed Austerity Budget

Emmanouela Seiradaki
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Greek Lawmakers Passed Austerity Budget

Greece’s lawmakers  passed next year’s budget on Tuesday night. The budget extends tough austerity measures that have already left Greeks struggling as the country tries to slash its debts and pull itself out of a severe recession.
With three parties, including the country’s majority socialists and their rival conservatives, involved in Greece’s new coalition government, the budget passed with an overwhelming majority in a midnight vote (258 for and 41 against).
The budget foresees a fourth year of recession in 2012, although it also projects a primary surplus — a surplus excluding interest payments on debt — of 1.1 percent of gross domestic product.

Greek Singer Anna Vissi Releases New Song

Fani Toli
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Greek Singer Anna Vissi Releases New Song

Anna Vissi, one of the most successful Greek Cypriot artists, has just released a brand new single titled ‘Mono An Trelatho’.
The artist has just released a brand new single entitled Mono An Trelatho (EN: If I Get Insane). Myrto Condova penned Anna’s new song while Marios Tsagaris composed the music. The shooting for the video clip will begin soon.
Anna Vissi has represented Greece in the Eurovision Song Contest on two occasions; in 1980 and in 2006. After her debut in 1980, Anna returned for her native Cyprus in 1982.

Upcoming Greek and Cypriot Art Auction in Limassol

Fani Toli
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Upcoming Greek and Cypriot Art Auction in Limassol

Cyprus based art consultancy La Parole Divine organized an auction of Russian, Greek and Cypriot icons and art that will be held on December the 15th at the ‘Four Seasons hotel’ in Limassol.
The auction will be divided into two parts – the first will include 120 mostly paint-on-wood icons with a total value of around €800,000 from several Orthodox countries, including Russia, Greece, the Balkans and the Levant region.
Bids are expected to range from €600 to €50,000, making it open to collectors of all budgets, and the auction will also include an assortment of objects related to Tsar Alexander II, such as a small portrait by Alois Gustav Rockstuhl (1798 to 1877).
The second part of the auction will feature 38 paintings by contemporary Greek and Cypriot artists, some of which have been displayed in museums and galleries. A highlight of the auction is likely to be Ian Norbury’s Old Market in Famagusta, which gives a fascinating insight into the life of pre-1974 life.
All the works will be displayed at the Hilton in Nicosia until December 9, and will go on display at the Four Seasons between December 11 and 15.
For More information call 00 +357 899 380 685 , email info@russiangreekart.com or visit http://www.russiangreekart.com/

Louis Group to Undertake Management of Greek Island Hotels

Fani Toli
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Louis Group to Undertake Management of Greek Island Hotels

Louis Group is interested in undertaking the management of hotels in Athens and Greek Islands through long-term leases, especially 4 and 5 star hotels in top tourist destinations.
The company has already invested €136 million in Greece, and owns 7 hotels in Corfu, Zakynthos, and Chania, and 2 long-term leases in Mykonos and Rhodes.
Louis Hotels invests in resorts, Sales and Marketing director, Popi Tanta told ‘capital gr’, adding that the group intends to invest in Greek units. “We are interested in taking the management of hotels on islands, as it is the field that we are familiar to”.
The company achieved a rise of 17% in turnover at €74 million, and complement of 23%.

Space Hellas Company Ranks Amongst "Strongest Companies in Greece"

Fani Toli
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Space Hellas Company Ranks Amongst "Strongest Companies in Greece"

Space Hellas S.A. continues for a second year to be part of the “Strongest Companies in Greece”, based on the ICAP Rating Score. This acknowledgement facilitates the business transactions of the company in Greece and abroad, by certifying that it belongs to the group of companies with very low credit risk.
The “Strongest Companies in Greece” is a community of enterprises that are ranked at the highest Rating Score of ICAP Group.
ICAP Group is recognized by the Bank of Greece as an External Credit Assessment Institution and by the European Central Bank as an Accepted Rating Tool Source.
Only one in ten companies in Greece meet the required criteria to be included in the community of Strongest Companies.

First Solar Lift Made in Greece!

Stella Tsolakidou
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First Solar Lift Made in Greece!

Greek company Mezolift is the first company in the world to have created a solar lift for small houses.
Owner of the company and creator of the advanced lift is mechanical engineer Mr. Yiannis Sachsamanoglou from Kilkis, who has worked for several years in the lift industry. Gaining the experience and having all necessary knowledge, Mr. Sachsamanoglou took lifts a step further into the future with this new and innovative product.
Μezolift is located in northern city of Greece, Kilkis, and employs only two persons. The solar lift was first presented during the International Expo of Thessaloniki 2011.
Until now, the solar lift is being used in duplex apartments or houses with 3 to maximum 4 floors. Its special design makes it ideal to fit even in the smallest of places.
Mr. Sachsamanoglou pointed out that the product’s dynamics are subject to evolve and improve. “Our aim is to create a lift to cover the needs of people living and working in bigger apartment blocks”.
A the moment, a solar lift costs 12.000 Euros, while another 2.400 Euros is required for the installation.
“There are many people, who are using solar lifts today, but on electricity. This will change in time. Solar lifts are the lifts of the future and can save a lot of money and energy” pointed out Mr. Sachsamanoglou.
Technical features and basic advantages:

  1. It consumes 80% less energy than common lifts
  2. It works with 2 photovoltaic panels and 2 rechargeable batteries
  3. It can be used up to 30 times per day and can continue working without charging for 3days
  4. It can transfer up to 4 people or 300kg.
  5. No danger of being trapped inside it due to batteries’ energy.
  6. It does not need an engine room.
  7. It is a 100% environmental friendly lift.
  8. It may cost 12.000 Euros but the money are written off within the next 5 years (lower PPC bills)

George Maragos Announced Run for US Senate

A. Makris
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George Maragos Announced Run for US Senate
Nassau County Comptroller George Maragos will challenge Democrat Kirsten Gillibrand for Senate

Nassau County Comptroller George Maragos has announced that he will challenge Democrat Kirsten Gillibrand for her seat in the United States Senate. In the midst of his first term of office in fiscally challenged Long Island, New York county, Maragos has seen enough of the impact of Congress on local communities that he believes he must take his approach and philosophy to Washington. D.C.

Maragos declared in an official statement:

“The ongoing Washington policies of massive over spending, exhausting foreign wars, inflationary economic programs, and expanding entitlements are destroying jobs and the

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