Greek News

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• Release the Housing Hounds!
• Invest in Greece Event in Crete
• ND Ready for Elections
• Greek IMF Rep: Med-Term Program Most Fundamental of IMF’s Conditions
• Athens-Nicosia Coordinate Efforts on Cyprus Issue
• Tourism Arrivals
• Defence Minister Observes National Guard Exercise
• Cabinet Decides to Place Ceiling on Ministries’ Spending
• Government Urges T/c Leader to Stop Communication Tricks
• Russian and Israeli Mass Civil Marriage Ceremony

Release the Housing Hounds! Posted: By Markos N. Kaminis WallStreetGreek.com Visit the Wall Street Greek blog for daily financial markets and global economic commentary from a team of expert columnists covering Stocks, Real Estate, Shipping, Global Affairs and more. The detractors of the real estate market have enjoyed complaining about the downturn for about as long as they had bought [...]

Invest in Greece Event in Crete Posted: Rethymno.- With the purpose of exploring business and collaboration opportunities in Greece, some 40 commercial attaches from foreign embassies in Greece from Europe, Asia and the Middle East are currently in Rethymno, on the island of Crete, in the context of the Invest in Greece agency’s “Synergassia” (Cooperation) initiative. Invest in Greece is a state [...]

ND Ready for Elections Posted: Athens.- Main opposition New Democracy is fully prepared for general elections, which will be ‘soon’, party secretary Andreas Lykourentzos said in a newspaper interview appearing Saturday. In an interview with the weekend edition of Eleftheros Typos newspaper, Lykourentzos said that “the government has collapsed in the Greek people’s consciense for some time now, under the [...]

Greek IMF Rep: Med-Term Program Most Fundamental of IMF’s Conditions Posted: Athens.- Ratification of the Medium-Term fiscal program is the most fundamental of the three conditions that have been put forward by the International Monetary Fund (IMF) for disbursement of the 5th tranche of the 110 billion euro EU-IMF bailout loan to Greece, the country’s representative to the IMF Panayotis Roumeliotis said in an interview appearing [...]

Athens-Nicosia Coordinate Efforts on Cyprus Issue Posted: Nicosia, June 18 (CNA) — Athens and Nicosia are coordinating their efforts on the handling of the Cyprus question, ahead of next month's crucial meeting in Geneva between the UN and the leaders of the island's two communities. The Foreign Ministers of the two countries, who met here on Saturday, assured they act in concert [...]

Tourism Arrivals Posted: Nicosia.-  An annual increase of 3.7% in the arrival of tourists in May 2011 was recorded, according to the Passengers Survey issued by the Statistical Service of the Republic. It said arrivals of tourists reached 267.487 in May 2011 compared to 258.014 in May 2010, recording an increase of 3.7%. An increase of 47.4% was [...]

Defence Minister Observes National Guard Exercise Posted: Nicosia, Jun 18 (CNA) – Minister of Defence Costas Papacostas visited Saturday the military region of the 1st Infantry Division, to observe the regular exercise with troops DEMETRA 2011, which is one of the main maneuvers carried out by the National Guard. In a speech on site, Papacostas said that almost all units are participating [...]

Cabinet Decides to Place Ceiling on Ministries’ Spending Posted: Nicosia.-  Government Spokesman Stephanos Stephanou announced on Friday that the Council of Ministers has decided to place a ceiling on ministries' and government services' spending as an additional safety condition to keep spending within 2011 budget. Speaking after the meeting of the Council of Ministers, at the Presidential Palace, Stephanou said that the Council has [...]

Government Urges T/c Leader to Stop Communication Tricks Posted: Nicosia.-  Government Spokesman Stephanos Stephanou urged Turkish Cypriot leader Dervis Eroglu on Friday to stop communication tricks, after accusing the Greek Cypriot side of pulling back on agreed issues. Commenting on statements that Eroglu made on Thursday after the meeting in the framework of the direct talks, Stephanou, speaking after the Cabinet meeting, said the [...]

Russian and Israeli Mass Civil Marriage Ceremony Posted: Larnaca.-  (CNA) – A mass civil marriage ceremony was held in the coastal town of Larnaca for a total of 154 couples from Israel. It was the largest number of civil marriages held in one day in Larnaca. The ceremony took place in the Medieval Castle square for Israelis and Russians who arrived by ship [...]

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