Cyprus Airways Sells Final Heathrow Airport Time Niche
Cyprus Airways has decided to sell its third and last Heathrow International Airport time niche to an American airline, for 32 million euros in a desperate attempt to remain in the air.
Hellenic Deflation Rates Advance
Last month, Hellenic consumer rates decreased by 2%, with the yearly rate of deflation advancing from a 1.3% decline in April prices, as revealed in an ELSTAT report today.
Cyprus Plans Public Market Reentry
Cyprus is devising a benchmark public debt purchasing; if it succeeds the act would result in the swiftest reentry into the bond market by a state after a monetary rescue.
IMF Warns Greece
Today, the International Monetary Fund stressed that Greece is required to increase its public sector effectiveness in order to make fiscal goals and not require new austerity protocols.
Greece Appoints New Cabinet
Today brought the swearing-in of Greece's new cabinet, that occurred at the Presidential Palace in Athens this afternoon.
Washington D.C.'s Greek Press Office Publishes "MUSA"
Washington, D.C's Press & Communication Office of the Embassy of Greece just announced its new quarterly electronic cultural review, titled "MUSA". Its full press release can be read below.
Tsipras Meets ECB Governor Tomorrow
Alexis Tsipras will be meeting tomorrow With the strong man of the European Central Bank, according to a well-informed source speaking to Greek site theTOC.gr.
- Written by E.Tsiliopoulos
Caryatids Searches for Lost Sister in British Museum
Six beautiful Greek women dressed in white, as other Caryatids, entered the British Museum seeking their lost "sister." Visitors parted to let them through,as cameras flashed and everyone was wondering what was happening, even museum staff.
- Written by E.Tsiliopoulos
Athens Holds Classic Cars Auction
British auction house Coys has put together an enticing spread of classic cars and motorcycles – most with Greek ownership history – for its 14 June sale in Athens.
- Written by E.Tsiliopoulos
Democratic Left Faces Challenges
At a time when the so-called Center-Left is trying to pull itself together, one of its main pillars, the Democretic Left (DEMAR) is showing a total lack of cohesion. Following the resignation of its leader, Fotis Kouvelis, it did not take long for teeth to be openly bared at the party’s Central Committee meeting on Saturday, "forcing" Fotis Kouvelis to resume his leadership duties at least until the next party congress.
- Written by E.Tsiliopoulos
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- Written by E.Tsiliopoulos
- Written by E.Tsiliopoulos
New Greek TV Airs "Hellenic Home Hunting"
GreekPropertyExchange.com has just signed a licensing agreement between BouliBrand Media and New Greek TV, to air Hellenic Home Hunting.
Gikas Hardouvelis Appointed New Finance Minister
Today, Greek Prime Minister Antonis Samaras has reshuffled his administration, and replaced Finance Minister Yannis Stournaras with Eurobank Chief Economist Gikas Hardouvelis.
Bulgaria Suspends South Stream Pipeline Work
Bulgaria is suspending work on the disputed Russian-backed South Stream gas pipeline following criticism from the EU and United States. South Stream is expected to pass through Greece.
Who is the New Finance Minister?
Virtually unknown in Greek politics, but with a distinctive career in Economics, Professor Gikas Hardouvelis is the kind of technocrat the PM needed for the upvoming Troika negotiations.