Δευτέρα 28 Φεβρουαρίου 2011

Greek News

Greek News


Confidence Measures Vary, Message Still the Same

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By Markos Kaminis WallStreetGreek.com Last week, while the Conference Board's Consumer Confidence Index jumped by 5.6 points, State Street's Investor Confidence measure fell by 9.2. Each of the two important economic barometers measured the month of February, so a difference in timing was not at play. The difference between the two measures is neither regional, [...]

Papandreou: ‘Greece Relying on Its Own Powers’

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Athens.- Greece hoped for a good outcome and the right decisions at the European Council on March 25 but would deal with the final result without fear, relying on its own powers, Prime Minister George Papandreou stressed in Parliament on Friday. Replying to a question posed by Popular Orthodox Rally (LAOS) party leader George Karatzaferis, [...]

Greece Delays European Goldfields Permit

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Athens.- Greece is not ready to grant London-listed European Goldfields a permit to run two goldmines in the country, its environment minister said on Thursday, citing opposition by local activists. European Goldfields’ unit in Greece, Hellas Gold, currently operates a lead and zinc mine in the northern Greek region of Halkidiki. It has submitted an [...]

US Judge Fines Greek Company $2.4 Million

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Baltimore, MD.- A federal judge in Baltimore on Wednesday fined a Greek ship management company $2.4 million and imposed two years probation for violating federal oil-pollution laws. Cardiff Marine, of Marousi, Greece, pleaded guilty to operating a "magic pipe," aboard the bulk carrier the Liberian-flag M/V Capitola, and falsifying its oil record book, the Justice [...]

Four Greeks Killed, 3 Injured in Coach Accident in Turkey

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Athens.- Four Greeks were killed and another three injured in a road accident in Turkey early on Friday morning, when a coach came off the highway and capsized. The coach, owned by the Turkish company ‘Metro’, was carrying a total of nine passengers, two drivers and one steward at the time of the accident, which [...]

Clinton Classifies ‘Revolutionaries Sect’ as ‘World Terrorist’

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Washington, DC.- U.S. Secretary of State Hillary Clinton on Thursday attributed the special characterisation of “world terrorist” to the “Revolutionaries Sect”, according to Executive Order 13224 and following consultations she had with the U.S. ministries of Justice and Finance. This action will contribute to the control of the flow of economic resources to the organisation, [...]

FM Droutsas Holds Talks with Azeri Counterpart

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Athens.- The meeting between Foreign Minister Dimitris Droutsas and his Azeri counterpart Elmar Mammadyarov confirmed the dynamic development of relations between the two countries, mainly in the sectors of energy and the economy. Speaking at the joint press conference that followed, the Azeri minister stressed that the natural gas from his country is already in [...]

More Third Country Nationals Arrive on Crete from Libya

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Irakleio.- (ΑΝΑ-ΜPA) — A Greek ferry boat arrived at the port of Irakleio on Crete on Saturday morning with another 2,800 third country nationals evacuated from strife-torn Libya. Most of the foreign nationals were identified as Chinese citizens. Several thousand Chinese nationals have already been ferried from Libya to Crete, where they are being hosted [...]

Government to Veto House Decision on PfP Membership

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Nicosia.-  (CNA) -President Demetris Christofias, defending the Constitution and exercising the functions and powers conferred on it, will exercise the right to veto on a decision by the House of Representatives requesting membership in NATO's Partnership for Peace (PfP), said Thursday Government Spokesman Stephanos Stephanou. ”The decision of the House of Representatives requesting membership in [...]

New UNFICYP Force Commander Assumes Duties

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Nicosia.- Major General Chao Liu of China officially assumed his duties as Force Commander of the United Nations Peacekeeping Force in Cyprus (UNFICYP) on Friday, at a brief ceremony held in the United Nations Protected Area in Nicosia. Acting Force Commander, Colonel Gerard Hughes, officially transferred duties and responsibilities to Major General Liu, who succeeds [...]

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