Tag Archive | "Greek"

Greek Fugitive Is Arrested in Athens Shootout

Greek Fugitive Is Arrested in Athens Shootout ATHENS — Greece's most wanted terrorist, Nikos Maziotis, the self-professed leader of the leftist guerrilla group Revolutionary Struggle, was arrested on Wednesday after a shootout with the police in the middle of a busy shopping district and popular … Full News here – Read more on New York […]

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Greek economy expected to grow 0.7 pct in 2014, IOBE think tank says

Greece’s economy is expected to grow by 0.7 percent this year pulling itself out of a six-year recession, helped by higher tourism revenues and stronger household spending, the Athens-based IOBE think tank said on Wednesday. IOBE had earlier predicted a s… … Full News here – Latest News

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Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain

Dromeus Capital Management SA is turning Greek tragedy into triumph. When Achilles Risvas, chief executive officer of the $ 240 million investment firm, and Jason Manolopoulos started a fund to wager on Greece’s recovery in October 2012, the country was in… … Full News here – Latest News

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Greek drug smugglers face charges

Five Greeks, aged 22 to 39, are facing drug-smuggling charges. According to the case file, the members of the alleged ring hid the drugs inside household items that were subsequently shipped from Greece to Germany via several moving companies. Police beli… … Full News here – Latest News

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Inmates in jammed Greek prisons on hunger strike

Inmates in jammed Greek prisons on hunger strike ATHENS, Greece — Inmates at prisons across Greece have gone on hunger strike to protest government plans to build a new maximum security jail, and to demand better detention conditions. A prisoners' rights group said Tuesday that more than 3,800 … Full News here – Read more on […]

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Greek Hotel Owners: Athens is the Cheapest Capital of Europe

Greek Hotel Owners: Athens is the Cheapest Capital of Europe The announcement noted that “there is a notable increase in tourist arrivals in Athens during the first five months of the year, which is a very optimistic sign of recovery that can be mainly attributed to the fact that Athens offers the lowest hotel … […]

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The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination

The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination While most waterfront redevelopments sit among empty quays and ex-industrial rust, this site is bordered on one side by one of Athens's wealthiest, most coveted neighborhoods, Glyfada. Calling the area "Greece's Beverley Hills" or "the Hellenic … Full News here – Read more […]

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Greek far right fires up Athens election campaign

Greek far right fires up Athens election campaign Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters' cries of "Here comes the mayor!" "In less than 100 years, Greeks will become a minority … Full News here […]

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'Here comes the mayor!' – Greek far right fires up Athens campaign

'Here comes the mayor!' – Greek far right fires up Athens campaign ATHENS (Reuters) – Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters' cries of "Here comes the mayor!" "In less than 100 years, Greeks will … […]

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Merkel praises Greek progress to exit crisis, launches new fund in Athens

Merkel praises Greek progress to exit crisis, launches new fund in Athens German Chancellor Angela Merkel sent a message of confidence in Greek economy during a visit to Athens Friday, praising her hosts for the progress achieved in the battle to exit the financial crisis, a day after the country successfully returned to … Full […]

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Merkel pledges action on Greek debt sustainability

Merkel pledges action on Greek debt sustainability On her second visit to Athens in less than two years on Friday, German Chancellor Angela Merkel pledged that the eurozone would discuss Greece's debt sustainability later this year. There was pleasant surprise among Greek government officials that … Full News here – Read more on Kathimerini

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Schaeuble says euro area working on Greek economic action plan

German Finance Minister Wolfgang Schaeuble said Greece and other euro-area governments are discussing ways to bundle measures to boost economic growth in the bloc’s most indebted nation. Schaeuble, speaking to reporters in Athens, reiterated Germany’s com… … Full News here – Latest News

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Greek courts to close May-28 due to elections

Greece’s courts will not be open between May 15 and 28 due to the local and European Parliament elections, Justice Minister Haralambos Athanasiou said on Tuesday. Any hearings not completed by May 15 will be continued from May 29. The first round of local… … Full News here – Latest News

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Two-day strike on Greek ferries due to protest over collective contracts

Passenger ferries were docked at ports in Greece on Monday due to the start of a 48-hour strike called by the Panhellenic Seamen’s Federation (PNO). The sailors are protesting that the multi-bill passed through Parliament on Sunday allows ferry companies … … Full News here – Latest News

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Greek Parliament passes multi-bill but coalition sees majority cut further

The omnibus bill containing liberalization measures and other reforms that Greece needed to pass to receive its next bailout tranche squeezed through Parliament at just after midnight on Sunday but the vote led to the government’s majority dwindling furth… … Full News here – Latest News

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