Friday , April 19 2019

Recent News

Maria Callas Exhibition in New York, March 02-30

 A wonderful exhibition dedicated to world’s most illuminated opera diva Maria Callas will start tomorrow, March 2 in New York City. A collection of 22 stage costumes, 30 pieces of jewelry and 30 rare photographs will be featured at the Italian Cultural Institute of NYC until March 30, 2011. The …

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National Bank-Alpha Bank: Prosecutor probes into possible stocks manipulation

A Greek high rank prosecutor ordered a preliminary investigation into the trading of stocks of the National Bank of Greece and the Alpha Bank. Greece’s  Capital Market Commission also ordered an investigation into the same affair, focusing on the period between February 8 and 21, beginning with National Bank’s first approach to …

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Greece riots: New Shocking Video – Police overruns protester, policeman on fire

You all remember the shocking pictures of a policeman on fire, during the riots at the general strike protests in Athens. Now a video taken on February 23, 2011 and uploaded in CNN “ireporter section” and later on YouTube shows what preceded the hurling of a petrol bomb agianst the policeman. …

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Greece: Default or Not Default? Drachma or Euro? Dye or Cut?

The dilemmas on Greece’s debt future seem endless: Default or Not Default? Drachma or Euro? Haircut or Extensions? With terminologies borrowed  from a hairdresser parlor around the corner and a bankers’ desk on the 245th skyscraper floor, the whole world is keep talking about Greece’s fiscal course: Survive or Fall. Economists and media are …

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Huffington Post:”What Greece needs now is a new hero” – Oh My!

There is a long, much too long internet article on Huffington Post, advising Greece to find a “new hero”!? In a rather superficial and irrational,  if not ‘naive’ and kind of  popularized psycho-spiritual approach, Vanessa Andris, first generation Greek-American, seems to ignore the real Greece’s  problems of systemic fiscal mismanagement. What …

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Athens:Blue Buses work stoppages cancelled, Mar 2-4

Blue Buses labor union has cancelled the work stoppages planned for March 2 and 4, 2011. At the moment there is  some confusion about the continuation of  Athens public transport protests. Therefore I will make a new post when things are cleared. Most likely the blue buses will do have …

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Evacuees from Libya: Some went missing-Greece fears they might stay illegally

There seem to be problems with the evacuation of foreigners from Libya via the port of Heraklion on the island of Crete as Greece is fearing that evacuees from South East Asia may join the army of illegal immigrants in the country. Already 15 Shri Lankans went ‘missing’ after arriving …

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Shares Trading of NBG and Alpha Bank under screening

The shares of National Bank of Greece and Alpha Bank are under the microscope of Greece’s  Capital Markets Commission, news portal Zougla.gr  reported. The screening refers to the trading of the shares in the period of time between January 18, when the administration of NBG approached the management of Alpha for the first time, …

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Greek Debt Repayment Extension: Ahahaha….

We need a good laugh from time to time. Here is a caricature by famous Greek cartoonist KYR. His sharp pen minimizes in a few words the whole debate about the repayment extension of infamous Greek Debt. First Woman: What did the deceased died from?  Second Woman: From Extension

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Pet Photo Contest by C.A.P.-Hurry UP! Entries ’till March 01 possible!

March 1, 2011 is the last day to enter your pet’s picture into the C.A.P. rescue pet photo contest. Entry fee is only 3 euros – less than 5 USD – , much needed to feed stray dogs and cats on the island of Crete. You only need to write …

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(Upd) Grieving Dog of murdered owners in safe hands and good care (picture)

The dog grieving at the door step of his brutally murdered owners is in safe hands and good care. The traumatized dog  is currently in the hands of a specialized dog trainer who tries to comfort him and make him overcome his grief and the bad memories. He is still …

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Gaddafi owes USD 716 million to Greek Companies

Despite Muammar Gaddafi’s enormous private property, Libya owes more than USD 700mn to Greek companies that have been operating in the Northern African country.   Some of the outstanding debts, which amount to USD 716.2mn (EUR 520.4mn), are pending since the 1980s, mainly to Greek constructors.  The issue was discussed during …

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