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Obama Visits NJ Restaurants!

Hundreds of supporters and protesters came out this afternoon hoping to catch a glimpse of President Barack Obama during his visit to Edison, NJ. The President went...

PAOK- AJAX 1-1

Luis Suarez was on target for Ajax Amsterdam in the Champions League on Wednesday but they were held 1-1 at home by PAOK Salonika. Suarez,...

Greeks Must Mimic the Irish to Overcome its Financial Turbulence?

According to the site: www.gulfnews.com Greece must mimic the Irish in order to face the crisis. While Germany and France are the biggest economies in...

Five Greek Banks Pass EU Stress Tests ATE Fails

Five major banking institutions passed the stress test on Friday, while ATE, a state controlled bank failed. "The Bank will proceed to a capital...

Moody's "Greece Is Not Expected to Go Bankrupt"

There is no imminent bankruptcy of Greece, said, Moody's Vice President, Thomas Byrne, in an interview with the American network CNBC. " We do...

George Papandreou will visit Bulgaria

George Papandreou, the Greek prime minister, will pay a visit to the Bulgarian capital Sofia on July 27, which is expected to be crucial...

Memorial service and contacts by Diaspora representatives for the 36th anniversary of the Turkish invasion of Cyprus

The Cyprus Federation of America and the International Coordinating Committee "Justice for Cyprus" held a Memorial Service on Sunday, July 18th commemorating the July...

Daphne’s Greek Cafe to be sold to investment firm

Daphne’s Greek Cafe, which filed for Chapter 11 bankruptcy this year, will be sold to a private investment firm in August, when court proceedings...

Package of Measures for Middle-Sized Businesses

Minister for Economics Louka Katselis announced a package of measures ( credits, bank guarantees, subsidies over 9 bilion euros) to give a breath to...

'Banks will pass stress tests'

Greek Finance Minister George Papaconstantinou on Monday appeared confident that Greek banks will be able to pass upcoming stress tests successfully and said that...