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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Sunday, August 18, 2013

Greeks Start Liking US Again

Greeks Start Liking US AgainGreek ReporterAccording to a recent survey carried out by Kappa Research for the newspaper To Vima tis Kiriakis, the public opinion in Greece shows many abandoning a long-standing anti-American feeling. To the question “Given the present political and economic ...

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GREECE HAMMER GREAT BRITAIN

MVPGREECE HAMMER GREAT BRITAINMVPGreat Britain were crushed 95-62 by Greece on Sunday in their latest warm-up friendly in Crete. It was a second loss in a row for Joe Prunty's side who were simply over-powered by one of the favourites for EuroBasket despite a team-best 15 points from ...

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A Greek tragedy unfolds in Cairo

Telegraph.co.ukA Greek tragedy unfolds in CairoHindustan TimesWhat began as Egypt's brave new democratic world is rapidly descending into the country's tragic return to despotism. The death toll of 173 people in Friday's violence between supporters of the deposed President Mohamed Morsi on one side and ...Egypt increases security ahead pro-Morsi protestsWPECall 4,311 news articles »

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Greece fires privatisation agency chairman following private jet story

Stelios Stavridis forced to resign after report he travelled on plane of businessman who had just bought stake in state firm

Greece dismissed the chairman of its privatisation agency on Sunday after a newspaper reported that he travelled on the private plane of a businessman who had bought a state company.

Stelios Stavridis is the second head of HRADF to leave in less than six months, trigger further concerns about Greece's ailing privatisation programme, which is a key part of the country's €240bn (£205bn) bailout by the EU and the International Monetary Fund.

The lenders said in July that they would review the way HRADF was operating, after it emerged that it would miss its 2013 revenue target by about €1bn.

The Greek finance minister, Yannis Stournaras, asked for Stavridis's resignation on Sunday, said the former's department in a brief statement. A finance ministry official, speaking on condition of anonymity, told Reuters that Stavridis's resignation was effective immediately.

The official said the dismissal followed a report that Stavridis travelled last week on the private plane of Dimitris Melissanidis, a shipowner and major shareholder of a Greek-Czech consortium which in May agreed to buy a 33% stake in state gambling firm OPAP. Stavridis was not immediately available for comment.

According to a newspaper report, he admitted he used the plane to travel to his holiday home. "Melissanidis, who was travelling to France, offered to take me with him to accommodate me," he was quoted as saying by the Proto Thema newspaper.

Stavridis took the flight immediately after the signing of an agreement to finalise the €652m OPAP deal, it said.

The chief executive of HRADF, Yannis Emiris, told Reuters he was keeping his post and that the privatisation programme would not suffer from Stavridis's resignation. "There will be absolutely no delays to the programme," he said, rejecting the idea that the OPAP deal might be reversed as a result of Stavridis's resignation.

The finance ministry official confirmed the OPAP deal would not be affected and the Stavridis's resignation was for "ethical reasons".

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Greece dismisses privatisation chief

The chairman of Greece’s privatisation agency was sacked after a newspaper published a picture of him on the private jet of an oil tycoon

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Greek privatisation chief dismissed over holiday flight

ATHENS (Reuters) - Greece dismissed the chairman of its privatisation agency on Sunday after a newspaper exposed how he used the private plane of a businessman who had just bought a state company to go on holiday. Stelios Stavridis is the second head of ...

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Latest Greek Corruption Scandal Costs New Privatization Agency Head His Job

For the past five years Greece, stuck in its worst depression in history with nearly two thirds of eligible youths unemployed, has been actively blaming all of its problems on " (f)auxterity " even as said all along that the Greek problems have nothing to do with how much money its government spends and everything to do with corrupt, complicit and frequently criminal politicians. Today we got ...

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Minor earthquake ? Greece on August 18, 2013

Minor earthquake – Greece on August 18, 2013Earthquake ReportMinor earthquake – Greece on August 18, 2013. Last update: August 18, 2013 at 9:51 am by By Ashish Khanal. –. Most important Earthquake Data: Magnitude : 3.2. Local Time (conversion only below land) : 2013-08-18 07:28:57. GMT/UTC Time : 2013-08-18 ...and more »

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Head of Greece's privatization fund dismissed

Greek officials say the head of the country's privatization fund has been dismissed after he allegedly violated ethics rules. Stelios Stavridis was fired by the finance minister after Greek media reported ...

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Greek opposition raps government over student's death

Press TVGreek opposition raps government over student's deathPress TVPeople stand around flowers at the site where 19-year-old Greek student Thanassis Kanaoutis died after an argument with a bus ticket inspector in the middle-class Peristeri suburb, near Athens, on August 16, 2013. Sun Aug 18, 2013 2:29PM. Share | Email ...

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Greece sacks privatisation agency chief

Delays and privatisation receipt shortfalls are a constant headache for the European Union and the International Monetary Fund, which bankroll Greece's €240bn rescue. The lenders said last month that they would review the way HRADF was operating ...

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Greece privatisation boss is axed

Stelios Stavridis, the chairman of Greece's privatisation agency, is dismissed after four months in the post for "ethical reasons".

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Greek bondholders seek compensation

Investor groups consider class action over alleged market manipulation and insider trading of Greek bonds, after having to take 75 per cent ‘haircut’

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UPDATE 1-Greek privatisation agency chief quits

ATHENS, Aug 18 (Reuters) - Greece dismissed the chairman of its privatisation agency on Sunday after a newspaper reported that he travelled on the private plane of a businessman who just bought a state company. Stelios Stavridis is the second ...

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Greece to lift restrictions on foreclosures

eTurboNewsGreece to lift restrictions on foreclosuresGulf Daily NewsAATHENS: Greece will lift restrictions on home foreclosures to allow banks to recover bad loans, the finance minister said yesterday, adding fuel to a row that may test the cohesion of its fragile coalition government. Cash-strapped banks are currently ...Tourism to Greece with record gainseTurboNewsall 2 news articles »

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Greek Org of Football Prognostics S.A. : Greek finance minister asks privatisation agency chief to resign

Greek finance minister Yannis Stournaras has asked the chairman of Greece's privatisation agency, Stelios Stavridis, to resign, the ministry said in a statement on Sunday. Proto Thema newspaper reported on Saturday that Stavridis had travelled on a private ...

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Greek finance minister asks privatisation agency chief to resign

ATHENS (Reuters) - Greek finance minister Yannis Stournaras has asked the chairman of Greece's privatisation agency, Stelios Stavridis, to resign, the ministry said in a statement on Sunday. Proto Thema ...

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Bulgaria Hopes Greece to Greenlight Makaza Border Crossing

Novinite.comBulgaria Hopes Greece to Greenlight Makaza Border CrossingNovinite.comThe opening of the Makaza border crossing is expected to boost tourist trips between Bulgaria and Greece and to significantly alleviate traffic at the other border crossing points on the Bulgarian-Greek border. Its launch however is being delayed as ...

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Greece Will Let Banks Seize Homes

Greece Will Let Banks Seize HomesGreek ReporterForeclosureNextExit Bending to demands from international lenders, Greek Prime Minister Antonis Samaras' coalition government will let banks foreclose on homes of customers, many of whom have suffered big pay cuts, tax hikes and slashed pensions ...and more »

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St. George to host its annual Greek festival

St. George to host its annual Greek festivalHometownlife.comNew this year to the YA'SSOO is the performance of three excerpts from Greek Theater: The classics The Birds, a comedy by Aristophanes; Antigone, a tragedy by Sophocles; and Daedalus and Icarus, a Greek myth first mentioned by Aristobulus in the year ...

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Tourism to Greece with record gains

eTurboNewsTourism to Greece with record gainseTurboNewsIn 2012, Greek tourism took a big hit in the aftermath of images of protests, strikes and riots against austerity measures. This year, with Greeks largely surrendering, it's been relatively calm and visitors are returning in record numbers, with some ...and more »

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This day in Jewish history / Greek Jewish community withers following fire

This day in Jewish history / Greek Jewish community withers following fireHaaretzBy Greek standards, it was a modern city, and its port was one of the most important in the eastern Mediterranean. Thessaloniki for years had a Jewish majority, the only such city in the Diaspora, a community that began when Jews, encouraged to do so ...

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Tourists Keep Pouring Into Greece

Tourists Keep Pouring Into GreeceGreek Reporter25662D167AD9987D2A5E899A3AAA86A1 What a difference a year makes. In 2012, Greek tourism took a big hit in the aftermath of images of protests, strikes and riots against austerity measures. This year, with Greeks largely surrendering, it's been ...and more »

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Ouzo: The Greek Drink?s History & Health Benefits

Ouzo has its roots in tsipouro, which is said to have been the pet project of a group of 14th century monks living in a monastery on Mount Athos. Modern ouzo distillation largely took off in the beginning of the 19th century following Greek ...

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Merkel and Schaeuble rule out additional haircut on Greek debt

KathimeriniMerkel and Schaeuble rule out additional haircut on Greek debtKathimeriniMeanwhile, in an interview with Badische Neueste Nachrichten, German Finance Minister Wolfgang Schaeuble also ruled out the prospect of an additional Greek haircut, acknowledging that the recession-hit country had beaten most economic predictions.Germany Repeats: No Greek HaircutGreek Reporterall 25 news articles »

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GLENDI event It's all Greek ? and all good

GLENDI event It's all Greek — and all goodYoungstown VindicatorSt. John Greek Orthodox Church's annual cele- bration of Greek roots includes food, beer and entertainment. “One thing about the Greeks is, when it comes to summertime, they're all about having a great time and celebrating,” Kali Sprankle, co ...and more »

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Wolf Pack Basketball Adds Recruit from Greece

Wolf Pack Basketball Adds Recruit from GreeceKOLORENO, Nev. – University of Nevada head men's basketball coach David Carter has announced that Stylianos Papafloratos-Diuitsantos will play for the Wolf Pack this season. The 6-4 guard comes to Nevada from Athens, Greece. “I'm excited to add a quality ...

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Hosts enjoy sharing their culture with others at Greek Fest

The annual church fundraiser is run by St. George Greek Orthodox Church located at 73 Bradford St. in Pittsfield. When Kerin arrived, an older adult took his hand and invited him to dance the kalamatiano --a dance where people hold hands and ...

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Greece to allow banks recover home loans

Cash-strapped banks are currently barred from auctioning most first homes owned by delinquent borrowers ... a collapsing property market is better than a civil war,” said lawmaker Sophia Voultepsi, from the conservative New Democracy party ...

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Greek Goods Exports To U.S. Grow

Good news for those who think that Greece’s exports to the US are limited to olive oil, feta and yogurt. Oil pipes, razor blades and olives are just few examples of the long list of products that Greece exports to the United States. According ...

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Greece set to allow home foreclosures, risking rift

Greece set to allow home foreclosures, risking riftReuters UKATHENS (Reuters) - Greece will lift restrictions on home foreclosures to allow banks to recover bad loans, the finance minister said on Saturday, adding fuel to a row that may test the cohesion of its fragile coalition government. Cash-strapped banks ...Tourists Keep Pouring Into GreeceGreek Reporterall 2 news articles »

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