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  • Quake measuring 4.1 Richter hits Crete

    An earthquake measuring 4.1 on the Richter scale shook the southern Greek island of Crete at 4 a.m. on Thursday, according to seismologists.The earthquake, whose epicenter had a depth of 10 kilometers, was felt across the island. No damage or injuries were reported.Greece is one of the world's most earthquake-prone countries, but most quakes are of small magnitude and rarely cause severe ...

  • Europe’s leaders say no to austerity don’t say yes to stimulus

    By James G. Neuger Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus ...

  • Kremlin’s Wine is Made in Mount Athos

    The wine served to official guests in Moscow Kremlin, Russia, who are usually leaders of foreign states, is made in the vineyards of Mount Athos. Its name is Kormilitsa and bears the title of Kremlin's Official Wine. The Russian host does not only serve the wine, but often offers one or more bottles to his important guests as a souvenir. Kormilitsa wine is produced at the Metochi Chromitsa ...

  • UNICEF 600000 Children Below Poverty Line in Greece

    The results of a report carried out jointly by UNICEF and Athens University under the title, The state of children in Greece 2013, came into light at a press conference on May 22. According to a UNICEF official, almost 600,000 children in Greece are living below poverty line. A growing number of children are deprived of basic living requirements. President of UNICEF in Greece, Lambros ...

  • EU may give Greece more time to meet fiscal targets-Dijsselbloem

    ATHENS | Thu May 23, 2013 3:16am EDT ATHENS May 23 (Reuters) - The euro zone may give Greece more time to meet fiscal targets agreed under its international bailout, the chairman of the euro zone finance ministers said in an interview published on Thursday. "The Commission's approach regarding fiscal consolidation is more flexible, giving certain countries more time to meet ...


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Movie Review

Re-Animator [Blu-Ray]

Stuart Gordons Re-Animator, based on a series of six stories by pulp master H.P. Lovecraft, is a giddy, gory horror-comedy filled with audaciously grotesque special effects and witty black humor. It arrived in 1985, at the height of the 80s spate of horror comedies, which also inc ... ...

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  • Taoiseach to meet Greek PM in Athens

    Taoiseach Enda Kenny will travel to Athens today to meet Greek Prime Minister Antonis Samaras. The two men are expected to discuss the economic situation in the eurozone, as well as negotiations on the EU's seven-year budget. Greece will take over the rotating EU presidency at the beginning of next year. Mr Kenny will also meet representatives of the Greek business community during his ...

  • Panathinaikos Face Appeal Over Licence to Play in Greece

    ATHENS ...

  • Eurozone decisions on direct bank recap and debt relief for Greece imminent says Dijsellbloem

    By Nikos ChrysolorasThe moment of truth is approaching for Greece, Ireland, and other countries under fiscal adjustment programs. In an interview with Kathimerini, Jeroen Dijsselbloem, the president of the Eurogroup, says that "before the summer" we will know if these countries will be able to benefit from the "direct bank recapitalization" framework, in order to transfer ...

  • Greeces current account deficit contracts to USD1.65b in March CB

    (MENAFN) The Bank of Greece announced that the country's current account balance posted a deficit of USD1.65 billion in March from a deficit of USD2.88 billion in 2012's same period, reported Reuters.The central bank added that the figure represents a plunge of 43 percent from a year before.It attributed the declining deficit to deep economic reduction and cost-competitiveness ...

  • Is Greek yogurt hurting the environment

    growth in sales over the past half decade — but it may be taking an unexpected toll on the environment. While it takes one cup of milk to produce one cup of traditional yogurt, it ...

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