Monthly Archives: January, 2012
Senior Greek Prosecutor Asks Lawmakers to Investigate 2009 Budget Deficit
A judicial official says Greek lawmakers will be asked to decide whether the country's former prime minister and finance minister should be investigated regarding...
Fix Building to Be Renovated in Order to House National Museum of Contemporary Art
The National Museum of Contemporary Art (EMST) is being temporarily housed in the Athens Conservatory building until its permanent facilities at the former Fix...
Venizelos: Private Creditors Could Take Loss Of More Than 70%
Greece's financial minister said on Tuesday that private creditors could see a loss of more than 70% in a debt swap, Reuters reported.
"We are...
'14F/21GR : Young Architects in Greece and France' Exhibition at Benaki Museum
The '14F/21GR Emerging Architects in France and Greece' exhibition will be initiated at Benaki Museum on the 7th of February. Greek and French architects...
Greek Man Who Owes 10,000,000 Euros to State Lives in Mountain Hut
A Greek living in Roukani, a father of many children and one of the 'big fish' owing large amounts in unpaid taxes, ironically lives in...
ASE Closes at 3-Month High, Banks Climb 83% in January
The Athens Stock Exchange ended January with the biggest daily rise of the month, and the General Index was topped out just a hair...
Merger Between Greece's Alpha Bank and Eurobank Frozen
On Monday, Greece's Alpha Bank froze merger talks with Eurobank pending the conclusion of tough negotiations between the government and private creditors on a...
European Parliament President Martin Schulz Says 'Show Respect to Greece's National Sovereignty'
European Parliament President Martin Schulz said that the proposal concerning the appointment of a commissioner regarding Greece's financial issues was suggested by those who...
Shipping Magnate Yiannis Pateras Passes Away
The Piraeus shipping community is mourning the death of shipping magnate Yiannis Pateras, who passed away at the age of 46 after fighting with...
Greece Sees Record Rise in Unemployment in 2011
Greece, Cyprus and Spain are the EU countries seeing the highest rise in unemployment at the end of 2011 compared with the same period...