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  • Troika Sees Greek Health Care Hole

    Envoys from Greece’s international lenders discussed with Finance Minister Yannis Stournaras on June 18 what they said were disturbing deficits in the funds of the health care provider EOPPY’s insurance system, a shortfall of some 1 billion euros ($1.34 billion) this year and 2.5 billion euros ($3.35 billion) for 2013-14. There were no answers how it would be covered or made up ...

  • Vatopedi land swap scandal ‘cost Cyprus 4 bln euros’

    The Vatopedi Monastery on Mount Athos, which was embroiled in a huge land swap scandal that emerged in 2008, has been linked to losses of some 4 billion euros for the Cypriot banking system from non-performing loans issued by Marfin Popular Bank, according to figures provided to a parliamentary committee in Nicosia by former Greek MP Dimitris Tsironis, who served as head of the parliamentary ...

  • Seismologist says activity off Crete is normal

    The research director of the Institute of Geodynamics at the National Observatory of Athens, Vassilis Karastathis, on Tuesday sought to allay fears over increased earthquake activity close to Crete, where a 5.9 Richter quake hit south of the island last Saturday, followed by a 5.6 magnitude aftershock the following day.According to Karastathis, the ...

  • Georgian man handed life sentence for actors 2008 murder

    Georgian national David Murtikneli was given a life sentence on Tuesday for the murder of popular Greek actor Nikos Sergianopoulos (photo) in 2008.The 56-year-old victim had been found stabbed 21 times in his apartment.According to police files, the actor picked up the 35-year-old Georgian at Victoria Square in central Athens and invited him back to his apartment.The Georgian, who confessed to ...

  • Eurobank buyback boosts Core Tier 1 capital by 307 mln

    Eurobank Ergasias announced on Tuesday that its successful hybrid bond buyback has boosted its Core Tier 1 capital by 307 million euros, in addition to the share capital increase of 5.8 billion euros that has been covered by the Hellenic Financial Stability Fund (HFSF).The buyback process was concluded last ...


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Last Updated on June 18, 8:41 PM EEST
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Movie Review

Midnight Cowboy

Midnight Cowboy

"Midnight Cowboy" is many things: an astute character study, a buddy picture, a human comedy, a stark drama, and an honest and straightforward depiction of the seedy world of male prostitution in New York. What is most amazing about the film is its refusal to age. It won the Best Picture Oscar in 1969, but viewing it twenty-five years later seems to have done nothing to undermine its impact. It is ... ...

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  • Bank manager given 25-year sentence over embezzlement

    A court in Larissa, central Greece, on Tuesday sentenced a female bank manager on trial for embezzlement to 25 years in jail.The court also handed a 10-year prison term to her spouse.According to the ruling, the woman pilfered some 1.8 million euros from ...

  • Albanian robber escapes from custody on way to court

    A 22-year-old Albanian national detained on robbery charges escaped from a court in Larissa, central Greece, on Tuesday.According to authorities, the suspect had been transferred from the Larissa Prison to the court to stand ...

  • Veteran diplomat dies at age 91

    Veteran Greek diplomat Stefanos Stathatos died on Tuesday. He was aged 91.Stathatos served in Cairo and Washington and represented Greece at NATO, the United Nations and the then-European Economic Community.He was also appointed ambassador to France, the United Kingdom and the ...

  • HIV tests find predominance among female drug users

    One in four drug users who tested positive for HIV in 2012 are women, according to the Hellenic Center for Disease Control and Prevention (KEELPNO).While women represent 12 percent of drug addicts, they make up 24 percent of those who tested positive for HIV, the center ...

  • News Summary Greeces public TV still off air

    THE LATEST: State TV channels in Greece remained off-air Tuesday even after a court ruled that the prime minister's decision to pull the plug on public broadcaster ERT was wrong. THE BACKGROUND: Conservative Prime Minister Antonis Samaras decided last week to close ERT and fire all its staff of nearly 2,700. He now indicates he wants a leaner and more efficient replacement by late ...

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