Δευτέρα 28 Μαρτίου 2011

Greek News

Greek News


Two Arrested on Weapons Charges

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Thessaloniki.- Two people were arrested by Thessaloniki police on Saturday after two kalashnikov assault rifles, two pistols and three handgrenades were found in their car during a check. The 45-year-old Greek driver and 39-year-old passenger, a foreign national, were arrested. Police are investigating the case.

ND to Take Parliamentary Initiative on Submarine Kickbacks Scandal

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Athens.- Main opposition New Democracy (ND) will take an initiative for the establishment of a parliamentary fact-finding commission into the case of possible kickbacks paid by German companies in the purchase of submarines by Greece, ND press spokesman Yiannis Michelakis announced on Saturday. Michelakis also left open the possibility of ND also submitting a proposal [...]

Radioactivity Readings Show Miniscule Concentrations

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Athens.- The Hellenic Atomic Energy Commission (EEAE) on Saturday reassured that concentrations of radioactive elements that reached Greece in air masses on Thursday were miniscule and there was not a slightest affect on the health or the environment. There was no cause for concern, nor was any protective measure necessary, the commission said, adding that [...]

Obama Calls Papandreou

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Washington, DC.- The White House issued a readout on Friday of US President Barack Obama’s telephone call to Greek Prime Minister George Papandreou earlier in the day. “President Obama called Prime Minister Papandreou today (Friday) to congratulate him and the Greek People on the 190th anniversary of Greek independence,” the statement said. “The two leaders [...]

Christofias: EU Decisions Aim to Reduce Financial Crisis Impact

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Brussels.- By Antonios Gkildakis, (CNA) – The competitiveness and the comparative advantages of Member States have to be respected while discussing the implementation of a common corporate tax basis, Cyprus President Demetris Christofias stated here Friday, at the end of the Spring European Council. Speaking to journalists, the Cypriot President referred to the decisions adopted, [...]

Unemployment Rises in Cyprus in 2010

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Nicosia.-  (CNA) – Unemployment in Cyprus reached 6.2% in 2010, compared to 5.3% in 2009, according to data released by the Statistical Service. According to the results of the Labour Force Survey, which is carried out in accordance with a European Union Regulation, for the 4th quarter of 2010 the number of employed persons amounted [...]

Social Security’s Final Four

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By Elsa M. Housseas*** This time of year basketball fans are gearing up for March Madness — a time when the final four teams in the NCAA fight for the title of national champion. While basketball fans are excited about March Madness, Social Security already has a winning "final four" of online services to cheer [...]

Cyprus Stock Exchange

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Nicosia.- (CNA) – The Cyprus Stock Exchange (CSE) All Share Index closed at Thursday’s stock exchange meeting as follows: TRADED VALUE 1.314.628,70 INDEX VALUE %DIFF VALUE (€) ----- -------- ----- ------------- FTSE/CySE 20 353,61 1,48 1.217.217,29 MAIN MARKET INDEX 1.050,06 1,47 1.184.509,92 PARALLEL MARKET INDEX 843,84 -0,15 32.295,43 INVESTMENT COMPANIES MARKET INDEX 671,14 2,47 13.033,16 [...]

Athens Exchange Weekly Review

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Stocks ended significantly higher during the last trading session of the week at the Athens Stock Exchange (the market will be closed on Friday on the occasion of a national holiday), amid a positive climate in other European markets despite worries over a political crisis in Portugal. The composite index of the market rose 2.13 [...]

President Obama’s Proclamation on Greek Independence Day

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One hundred ninety years ago, Greece regained its independence and became a symbol of democracy for the world for the second time in history. As America recognizes this milestone in the birthplace of democracy, we also celebrate our warm friendship with Greece and the lasting legacy of Hellenic culture in our own country. America’s Founders [...]

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