Greek News

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• Talbot’s Plays the Fool
• PM Papandreou Calls for ‘Transcending Party Walls’
• EU Commission on Greek Debt Talks
• ND Takes Lead over Ruling PASOK in Poll
• The Opposition Critical of the PM’s Address
• UNSC Will Urge Leaders to Reach Convergences ahead of Geneva Meeting
• British High Commissioner – Interview with CNA
• Cyprus Stock Exchange
• Athens Exchange Weekly Review
• Andrea John Catsimatidis Weds Christopher Nixon Cox

Talbot’s Plays the Fool Posted: By Markos N. Kaminis Wall Street Greek Remember Talbot's, the company that was one of the first retailers to struggle in the economic downturn, later followed and surpassed by Circuit City, Blockbuster and a few others? Yeah, well, she's back to stinking up the joint again, the joint being the NYSE (NYSE: NYX) and the [...]

PM Papandreou Calls for ‘Transcending Party Walls’ Posted: Athens.- Prime Minister George Papandreou on Friday evening invited political parties to “transcend walls”, while addressing the nation in a televised speech made at the Maximos Mansion on the Mid-term fiscal restructuring programme for 2012-2015 which was ratified by the cabinet on Thursday and tabled in Parliament the same day. Papandreou said Greece’s position will [...]

EU Commission on Greek Debt Talks Posted: Athens.- The European Commission on Friday reiterated its position that any plan to restructuring the Greek debt should include a voluntary consensus by private creditors and on the precondition that it will not become a credit event. Speaking to reporters, here, Amadeu Altafaj, a spokesman for EU Commissioner for Economic and Monetary Affairs, Olli Rehn, [...]

ND Takes Lead over Ruling PASOK in Poll Posted: Athens.- Main opposition New Democracy (ND) has overtaken the ruling PASOK party in voter preference, according to a ‘Public Issue’ opinion poll published by the newspaper “Kathimerini” on Saturday. Based on its findings, ND is now in the lead with 31 percent, PASOK follows with 27 percent, the Communist Party of Greece (KKE) has 11 [...]

The Opposition Critical of the PM’s Address Posted: Athens.- Main opposition New Democracy (ND) party leader Antonis Samaras rejects the government’s mid-term fiscal strategy programme and says that “the only rallying which is meaningful is for the correction of the mistake and the renegotiating of the memorandum.” In a statement issued immediately after Prime Minister George Papandreou’s nationally televised address on Friday, Samaras [...]

UNSC Will Urge Leaders to Reach Convergences ahead of Geneva Meeting Posted: United Nations.- by Apostolis Zoupaniotis UN Security Council five Permanent members have agreed on a draft resolution for the renewal of United Nations Peacekeeping Force in Cyprus (UNFICYP) mandate, that has been handed over to the rest members of the Security Council. The resolution is expected to be adopted during an open meeting on June [...]

British High Commissioner – Interview with CNA Posted: Nicosia.-  (CNA) — British High Commissioner to Cyprus Matthew Kidd has expressed his country's readiness to assist the peace process in Cyprus, reiterating that a British proposal to offer part of the British sovereign bases in Cyprus in case of a political settlement still stands. In an interview with CNA, Kidd talked about the meeting [...]

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 557.366,33 INDEX VALUE %DIFF VALUE (€) ----- -------- ----- ------------- FTSE/CySE 20 268,50 -1,04 497.227,11 MAIN MARKET INDEX 790,35 -1,14 475.674,09 PARALLEL MARKET INDEX 798,77 -0,22 23.032,14 INVESTMENT COMPANIES MARKET INDEX 580,15 0,30 3.239,04 [...]

Athens Exchange Weekly Review Posted: Stocks resumed their downward trend in the last trading session of the week in the Athens Stock Exchange on Friday, unable to hold on to their early gains. The composite index of the market fell 0.81 pct to 1,279.01 points after rising as much as 1.3 pct during the session, while turnover remained a low [...]

Andrea John Catsimatidis Weds Christopher Nixon Cox Posted: New York, NY- The daughter and son of two celebrated American political and philanthropic families, Andrew John Catsimatidis Cox and Christopher Nixon Cox,were married on Saturday June 6 at the Holy Trinity Greek Orthodox Cathedral on Manhattan’s Upper East Side. Archbishop Demetrios of American officiated the ceremony, assisted by the Dean of the Cathedral, Rev. [...]

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