Δευτέρα 7 Μαρτίου 2011

Greek News

Greek News


It Looks Like It’s Time to Buy that House

Posted:

Markos N. Kaminis www.WallStreetGreek.blogspot.com Long rates subsided some last week, but mortgage activity still tailed off a bit. While the long-term outlook for rates seems to point to rise, now may be an opportune time to buy your home. The Mortgage Bankers Association reported on mortgage activity through the week ending February 25 last week. [...]

European Socialists Meet in Athens

Posted:

Athens.- Prime Minister George Papandreou said on Saturday “for us, the changes in Greece and Europe are parallel and a common struggle, to enable us to overcome the economic danger here in Greece as well, and for us to offer a prospect to the peoples of Europe for growth and prosperity.” Papandreou and the president [...]

Droutsas Briefs EU Ambassadors

Posted:

Athens.- Foreign Minister Dimitris Droutsas on Friday briefed EU member-states ambassadors on a range of foreign policy issues of interest to Greece at a dinner given at the embassy of Hungary, which currently holds the rotating EU presidency. Droutsas outlined Greece’s policy in Libya and on the anticipated migration wave from North African countries, which [...]

Interpol Discovers Stolen Icons in London Gallery

Posted:

London.- Interpol on Friday reported the discovery of several valuable icons stolen from churches and monasteries in the region of Zagorochoria in Ioannina. The icons were found in a gallery in London, with the assistance of Scotland Yard. Six have so far been positively identified as stolen and the investigation is continuing. More stolen icons [...]

Statements by Samaras on EPP Summit

Posted:

Athens.- Main opposition New Democracy party leader Antonis Samaras, speaking after the conclusion of the European People’s Party (EPP) summit in Helsinki on Friday evening, said the European crisis, the proposal on the European Competitiveness Accord and the strengthening of the European Support Mechanism, as well as developments in North Africa and the Middle East [...]

LA.OS Leader: Government Cannot Lead Country out of Crisis

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Athens.- Popular Orthodox Rally (LA.OS) party leader George Karatzaferis emphasised on Friday that the PASOK government “cannot extricate the country from the crisis and cannot tackle the difficult problems laying ahead.” Addressing a party meeting, Karatzaferis also referred to the “completely unsuccessful the government handling of the crisis”, while at the same time hinting at [...]

Migrants on Hunger Strike Reject Government Offer

Posted:

Athens.- The 300-odd migrants on hunger strike in central Athens on Friday unanimously rejected the government’s offer of a six-month ‘toleration status’ allowed under EU migration laws, saying it did not meet their demand for full legalisation. An earlier meeting between representatives of migrants and government ministers had ended without any agreement and was followed [...]

Leaders Discussed Governance and Power Sharing

Posted:

Nicosia.- (CNA) – President of the Republic Demetris Christofias and Turkish Cypriot leader Dervis Eroglu discussed on Friday the chapter of governance and power sharing, during their meeting held in the framework of direct negotiations for the solution of the Cyprus problem. Speaking to the press after the meeting which lasted over an hour and [...]

Cyprus Stock Exchange

Posted:

Nicosia.-  (CNA) – The Cyprus Stock Exchange (CSE) All Share Index closed at Friday’s stock exchange meeting as follows: TRADED VALUE                  2.505.243,58 INDEX                               VALUE     %DIFF      VALUE (€) -----                              --------   -----    ------------- FTSE/CySE 20                         354,42    0,47     2.296.068,85 MAIN MARKET INDEX                  1.055,33    0,49     2.280.131,85 PARALLEL MARKET INDEX                829,29    0,07         2.153,72 INVESTMENT COMPANIES MARKET INDEX    653,76   -1,30        30.732,59 [...]

Athens Exchange Weekly Review

Posted:

Stocks ended slightly higher at the Athens Stock Exchange on Friday in thin trading conditions, reflecting cautiousness among investors over developments in a European effort to resolve a debt crisis. The composite index rose 0.33 pct to end at 1,585.85 points, for a net gain of 0.17 pct in the week. Turnover was a low [...]

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