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Nine Αrrests in Greek Drugs Haul

Police in Greece on Monday arrested nine people, including a Frenchman, suspected of smuggling drugs into the country from Canada, officials said. The arrests in...

Greek Stocks Post Heavy Losses

The potential revision of Greece’s rating by Fitch jitters the Greek market on Monday, pushing the Banking Index lower by 4.1% and the General...

IMF Says Greek Program Doing Well, Approves New Loan Payment – Interview with Poul Thomsen

The International Monetary Fund Friday approved release of around EUR2.5 billion for the Greek bailout after the country passed its third program review. But the...

Bloomberg: Greek Government Intends to Sell "Diaspora Bonds"

According to an article by Bloomberg published on Thursday, the Greek government intends to sell “Diaspora bonds” in 2011. The country will follow the...

As IMF Chief Travels To Athens, Protestors Plan Demonstration

The head of the International Monetary Fund is due in Athens on Tuesday for a two day visit. Dominique Strauss-Kahn will meet with Greece's Prime Minister, Finance...

Greek Loan Extension Negotiations to be Finalized

Negotiations on extending the international loans Greece received earlier this year to stave off bankruptcy will be finalized soon. European Commission President Jose Manuel...

Papandreou Places 79th on Foreign Policy’s List of 100 Prominent People!

Greek Prime Minister George Papandreou placed 79th  in a list of 100 prominent people who affect the international stage, according to the American magazine Foreign Policy.  The...

Tough Negotiations on Extension of EU Loan Repayment in Athens & Brussels

The Greek government is planning a four-day round of tough negotiations in Brussels and Athens for extending the repayment the EU loan. Officials from the...

Financial Minister Papaconstantinou States Debt Restructuring Would be Catastrophic

Greece’s Finance Minister said Tuesday that he welcomes a discussion on an extension of the repayment period of the 110 billion Euro bailout.  However he warned...

Oldest Greek Orthodox Church in Texas Celebrates 100th Anniversary!

Uprooted from their homes and having little money and few language skills, Greeks came to Fort Worth and built happy lives. A big part of their...