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Protesting Spartans Travel to Syntagma Square by Foot

Indignants are expected to gather for the 25th day in Syntagma Square, where the fourth pan-European rally will be held at 6:00 p.m. For one more day, thousands of people will protest against...

Greek Power Summit Concludes in Midst of Angry Protests

The 9th Greek Power Summit 2011, ended on a positive note with those participating agreeing that with restructuring and changes in attitude, Greece could...

Papandreou Asks Opposition Parties for Austerity Plan Proposals

Prime Minister George Papandreou invited opposition parties to offer proposals for a new mid-term austerity plan on Friday.  He called for cooperation to improve...

CYPRECO Revived the Centuries-Long Art of Weaving

On Friday, June 3rd, CYPRECO of America, Inc., presented a new successful production dedicated to the folklore of Cyprus at the Stathakion Cultural...

Media Report on Barack Obama’s Statements Regarding the Greek Economy

News reports on the front page of daily newspapers and extensive comments on radio and in particular, television news contained the statements of President Barack Obama...

Kasteli Airport Expected to Open by Summer of 2015, Crete

Kasteli is the first major infrastructure project Greece's Socialist government has tackled and is considered to be one of the biggest investments the country...

John Dagonas Elected as New Canadian Coordinator of the Council of Hellenes Abroad (SAE)

Mr. John Dagonas has been elected SAE Coordinator in Canada Region, following the resignation of Costas Menegakis from this position due to his election in the...

IMF's Lipsky Says No Debt Restructure in Greek Plan

The International Monetary Fund's acting head Monday said the new program being developed by the Greek government doesn't involve a restructuring of its debts. The...

Germans are Largest Foreign Owners of Greek Bonds

The German credit institutions are the largest foreign owners of Greek government bonds, possessing 22.7 billion dollars last year, according to the Bank for...

New Greek Aid Program Could Exceed EUR100 Billion – Report

Greece may need a new aid package worth more than 100 billion euros, far exceeding previous estimates, according a news report published Saturday. On...