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  • Greece to sell Postbank Proton in July stress-test big banks

    ATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection ...

  • Crisis Not So Bad For Some Greek Moms

    Doting Greek mothers are legendary. They love to keep their children, especially the boys, at home as long as they can, even as the offspring grow into adults. During the country's crushing economic crisis, this one followed her protesting son outside the Parliament to make sure he wouldn't catch cold, and now more adult children are returning home to the nest for free rent, home ...

  • Crisis Pushes Greeks Back To Mommy

    Greece’s crushing economic crisis, which has created record unemployment and hardship, is helping out moms who don’t want their adult children straying too far from home. Unable to make it on their own, many of the country’s young, with unemployment for those under 25 at 64 percent, are perfectly content to come back to the parent’s nest and let their mothers care for ...

  • SYRIZA New Democracy Clash Over Golden Dawn

    SYRIZA leader Alexis Tsipras Greece’s main political parties continue to be befuddled on how to deal with the rising influence of the neo-Nazi Golden Dawn party, with Prime Minister and New Democracy Conservative party leader Antonis Samaras’ government backing off an anti-racism bill and saying that the major opposition party Coalition of the Radical Left (SYRIZA) has ';many ...

  • Two cargo ships collide off Greece 10 missing

    ATHENS, April 29 (Xinhua) -- Two cargo ships collided early Monday off southwestern Greece, with 10 crew members missing, the Greek coastguard said. One ship under a Cook Islands flag was seriously damaged and sank, according to the Greece ...


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Movie Review

The Beales of Grey Gardens [DVD]

The Beales of Grey Gardens [DVD]

When the Direct Cinema pioneers Albert and David Maysles took their 16mm cameras into the decaying East Hampton mansion known as Grey Gardens to document the wonderfully strange lives of 79-year-old Edith Bouvier Beale and her 56-year-old daughter Little Edie Beale ... ...

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  • Brisbane’s inner-Greek shines till last light

    View all 17 photos Tens of thousands of people have enjoyed the weather, fine food, wine and dance at the 2013 Paniyiri at Brisbane’s Musgrave Park this weekend. 
As the last of the autumn sun began to lose its warmth yesterday there was still sizeable crowd in Musgrave Park in front of the Greek Club at South Brisbane. It included those who are part and parcel of Brisbane’s ...

  • Pro-drachma party launches urging Greece to leave the euro

    A political party in Greece is calling for the country to leave the euro and go back to using the drachma as its national currency. Plan B held its first general meeting in Athens on Saturday and is headed up by the former leader of the left-wing opposition Syriza party. So far, Plan B is a small party with only around 400 members. Describing the party’s stance on leaving the euro, Plan ...

  • Greek Cypriot leader seeks more EU aid

    The cost of bailing out Greek Cypriot Administration has exceeded estimations. Greek Cypriot leader Nicos Anastasiades asked for more money from Brussels ahead of a key meeting by Eurozone finance ministers.European Union finance ministers adopted a 10 billion Euro bailout package for the Greek Cypriot Administration. According to the EU sources, the Greek Cypriot leader asked the Bloc to ...

  • Greece enters sixth year of recession but prospects improving

    (ATHENS) - Data released last week showed Greece entered its sixth straight year of recession, but there is now cautious optimism about the economy's prospects although unemployment is still hitting record highs and consumers are squeezed by pay cuts and tax hikes.On Tuesday, Greece's battered debt ratings received a rare upgrade from Fitch which noted "clear progress" on ...

  • Top Chinese political advisor meets Greek PM

    Top Chinese political advisor Yu Zhengsheng on Saturday met with Greek Prime Minister Antonis Samaras in Hangzhou, capital of east China's Zhejiang Province.The meeting came ahead of the second annual conference of the World Cultural Forum (Taihu, China), which began in Hangzhou on Saturday.Yu, chairman of the National Committee of the Chinese People's Political Consultative ...

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