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  • Greek rose slightly to 168.6 percent of GDP in Q1 of 2013

    Greek central government debt rose 3.8 billion euros or 1.3 percent to 168.6 percent of GDP in the first quarter of 2013, according to the Finance Ministry.Total debt stood at 309.4 billion euros at the end of the first quarter, compared to 305.6 billion at the end of 2012.The average maturity of ...

  • Greek media firms owe 51.9 mln euros in unpaid social security tax minister says

    Greek media companies owe more than 50 million euros in unpaid social security contributions, which is roughly equivalent to the annual budget of the ...

  • Greeces Hopes OPAP Sale Speeds Privatizations

    A gambler at OPAP Greece Prime Minister Antonis Samaras said the sale of gambling monopoly OPAP shows that Greece is serious about making reforms as a condition of rescue aid. The deal, which will give Czech-Greek consortium Emma Delta a 33 percent stake in the gambling monopoly, will bring in 712 million euros, about $915.48 million. ';It is important as a signal to the international ...

  • Samaras Says Foreign Investors Saviors

    Days after returning from a trip to China to woo business, Greek Prime Minister Antonis Samaras said the way out of the country’s crushing economic crisis is for foreign companies to invest in the country, which means overcoming its reputation s unfriendly to business and problems such as labyrinthine bureaucratic delays, and frequent bribery requests that have scared off many. Samaras ...

  • Greek current account gap shrinks 43 in Mar

    The high current account deficit will persist as long as we live in a world of low growth - that hurts our exports - and easy global liquidity, which pumps up the oil import ...


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Movie Review

Grease 2 [DVD]

Grease 2 [DVD]

There was a time when I might have tried to mount a vigorous defense for Grease 2, arguing that it is not nearly as bad as it is often made out to be. Following the original Grease, a Broadway hit and the most successful movie musical of all time, how could Grease 2 be anything but a disappointment? It lacked the star power of then-red-hot John Travolta, the chance to exploit ... ...

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  • Greek Islands the perfect winter escape for Aussies

    TAKE me to the Greek islands. This photo was taken on Lesbos, but any Greek island will do. They are all beautiful in the summer with their brown hills, small bays, clear, clean water, and white-washed villas. Take me down to the harbour when the fishermen come in with their catch and hang their octopus out to dry in the sun. Then take me to a taverna by the water's edge and let me ...

  • Greek contractor wins Yas Marina deal from Aldar

    Greek construction company J&P-AVAX has announced that it has won a contract from Aldar Properties to develop a second Marina on Yas Island near Abu ...

  • Dream Weddings Organized in Crete

    Maybe Greece has lately been in the eye of the storm due to the economic downturn, foreign austerity policies and social upheavals, but the country remains undoubtedly a top favorite destination for thousands of people around the world. The latest trends show that it is not merely tourists who choose Greece for their summer vacations, but also couples who want to get married on a virgin island ...

  • Parliament Nixes Kasidiaris On Lifting Immunity

    Facing prosecution for attacking two fellow Members of Parliament, a bid by the Ilias Kasidiaris, spokesman for the neo-Nazi Golden Dawn party bid to have immunity lifted for the two female lawmakers he assaulted has been rejected by his colleagues. Kasidiaris was seen on live television last year throwing water in the face of Rena Dourou, a member of the major opposition party Coalition of the ...

  • Greek PM invites China to join Greeces success story

    China's Premier Li Keqiang (r.) and Greece's Prime Minister Antonis Samaras talk during a signing ceremony at the Great Hall of the People in Beijing last week. Mr. Samaras is hoping to convince the Chinese to invest in Greece, which could help ease the country's debt ...

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