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CMA: Greek Sovereign Debt Remains Riskiest In World

Greece was more likely to default on its debt than any other country in the world during the first quarter of 2011, said data...

New Strict Tax Law for Greek Expatriates

A draft tax bill introduces an expanded tax residence definition[...]

20,000 Copies of Kazantzakis’ “Ascetic” Distributed by Arab Newspapers

Twenty thousand copies of Nikos Kazantzakis’ essay “Ascetic”, translated by Saved Ahmad ali Bilal, titled “Sufism – Saviors of God”, was freely distributed by...

Turkish Company to Provide Satellite Service for Greek Army

The Greek Armed Forces will receive satellite phone service from a Turkish company, Globalstar Avrasya, which also provides service to 30 other countries. The Globalstar...

‘Zorba’ Composer Declares Himself an Anti-Semite

Mikis Theodorakis, the Greek composer who wrote the music for the film "Zorba the Greek," said in a television interview that he is an...

Marfin Popular Bank Sells Australian Branch

Marfin Popular Bank Public Co Ltd ("MPB") announces that it has entered into an agreement with Bank of Beirut s.a.l. concerning the sale by...

Greek Film Director Nikos Papatakis Passes at 92

The famous Greek film director Nikos Papatakis, husband of the actress Anouk Aimee, passed away, at the age of 92 in Paris. He was born on...

International Students Design Melina Mercouri Inspired Calendar!

Students from around the world joined togethor to create a very colorful calendar for 2011.  The calendar is full of joy and optimism and its ideas are taken...

Israel Considers Gas Pipeline to Greece

A number of natural gas fields have been discovered along Israel’s Mediterranean coastline over the past few years. Among them is the Leviathan energy...

Maronites in Cyprus try to revive old language

Some excited Maronite children in Cyprus are preparing to share the island’s best kept linguistic secret with Pope Benedict XVI. When the Pontiff arrives at...