Tuesday , July 16 2024

Recent News

Turkish FM: Greece’s claims to UN have no basis on international law

Two weeks before the Greek-Turkish high ranking meeting in Istanbul with the participation of the political leadership of the two neighbor countries, tension flamed over the continental shelf in the Aegean Sea. Just hours after Athens submitted a complaint to United Nations over Turkey’s exploration permits in areas of the …

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Greek FM complains to UN about Turkey’s exploration permits in continental shelf areas

Greek Foreign Ministry submitted a verbal note to United Nations on Thursday over Turkey’s granting exploration permits in areas of the Greke continental shelf. Below, Greek Foreign Ministry press release: Foreign Ministry announcement regarding the sending of a note verbale to the United Nations on the safeguarding of Greece’s sovereign …

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Cleaning lady at Greek Parliament hovers in the air trying to mop up rain water

Almost a miracle saved the life of a cleaning lady at the Greek Parliament when the part of the glass skylight roof broke and she found herself hovering in the air for several minutes. The woman was trying to mop up rain water from the skylight roof over the Palriament plenary hall as …

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Fox News: Critics question former PM Papandreou teaching in Columbia

The piece about former Greek Prime Minister George Papandreou due to teach at Columbia University is not flattering at all. Fox News is biting and stresses that Papandreou “was at the helm  when Greece’s economic ship smashed on the rocks of fiscal ruin, has landed a  job at Columbia University teaching, …

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Bloomberg: Hochtief to sell stake at Athens Airport

“Hochtief AG, Germany’s largest builder, is reviving the sale of  six of  its airport-operating business and has invited potential buyers to submit offers, according to three people familiar with the matter, ” Bloomberg reported on Thursday. The German company plans to sell its stakes in the airports of Athens, Hamburg, …

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New Investment Bill submitted to Greek Parliament

Greek deputy Development Minister submitted the new investment draft bill to the Parliament, aiming to attract foreign capital and create jobs in Greece and thus in fast track procedures. The mammoth bill  will speed up the issuing of permits for strategic investments, provide some tax exemptions and tax incentives. However …

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What is “the Troika”? Are we, Greeks, confused about our lenders?

The representatives of Greece’s lenders, that is the International Monetary Fund, the European Union and the European Central Bank,  the so-called “Troika” come and go in Athens in regular intervals for the last three years. The word ‘Troika’ is in everybody’s lips like a junk candy. Greeks hear it some …

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Greek steals Dali painting from New York Gallery & returns it by mail

The stealing of a Salavador Dali painting was as ‘surreal’ as the famous painter would have thought. Suspect Phivos Istavrioglou, 29, not only he left his finger prints behind after stashing it in a shopping bag and flew it to Athens, Greece. He returned it to gallery per post.  Security cameras had captured …

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