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  • Greeces National Bank sets rights issue price after reverse split

    ATHENS | Mon May 20, 2013 10:49am EDT ATHENS May 20 (Reuters) - Greece's biggest lender National Bank said on Monday it would sell 2.27 billion new shares at a price of 4.29 euros ($5.50) each, as part of its recapitalisation plan. The price is calculated after a 1-for-10 reverse stock split. ($1 = 0.7798 euros) (Reporting by George Georgiopoulos; writing by Harry ...

  • Greek beach evacuated after artillery discovery

    Greek authorities evacuated the seafront Monday after a swimmer found a corroded artillery shell just 10 yards from dry land, fished it out and presented it to a ...

  • Greeces Piraeus Bank posts Q1 profit on accounting gain

    ATHENS | Mon May 20, 2013 10:36am EDT ATHENS May 20 (Reuters) - Greece's second-largest lender Piraeus Bank on Monday reported sharply higher profit in the first quarter after booking an accounting gain for its acquisition of the Greek units of Cypriot banks. The bank reported a net profit of 3.62 billion euros ($4.65 billion) compared to earnings of 46 million euros in the same ...

  • Greece hopeful on TAP pipeline after Samaras visit to Azerbaijan

    The government is hopeful that Azerbaijan will choose to transport its natural gas via the Trans Adriatic Pipeline (TAP), which will pass through Greece, following Prime Minister Antonis ...

  • Meimarakis tells party representatives no MPs should carry guns in Parliament

    Parliamentary speaker Evangelos Meimarakis has spoken to the representatives of all parties to remind them that no MPs should carry guns in the House, it emerged on Monday.Meimarakis acted after receiving a letter of complaint from New Democracy MP Fotini Pipili, who said that some lawmakers are armed when they enter Parliament.There have been reports in the past of Golden Dawn MPs being stopped ...


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Movie Review

Orange County

Orange County is an amusing, sometimes witty, but often uneven comedy about the horrors of familial dysfunction. It is also an example of the benefits of Hollywood nepotism, with the talented twentysomething offspring of the current Hollywood dominion in many of the key roles. The role of Shaun Brumder, a high-school senior trying to get into Stanford so he can study under a writer/profess ... ...

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  • Golden Dawn MP With Gun In Parliament

    Golden Dawn MP Panagiotis Iliopoulos ejected from Parliament last week A Member of Parliament from the neo-Nazi Golden Dawn party who drove into the underground parking lot there with a gun on his passenger’s seat was asked by a police guard to put it away but drove on after telling him, ';I prefer to get someone first, before they get me,'; the newspaper Eleftherotypia ...

  • Catsimatidis Doesnt Lack Ideas For New York

    (AP Photo) While other prospective candidates for New York City Mayor try not to stay anything original or that might cause a flap, John Catsimatidis says what's on his mind, and a lot of people like that, even if critics deride some of his proposals as too far-fetched. NEW YORK - The contenders for New York City Mayor can be a predictable, cautious lot, sticking to familiar scripts at ...

  • Greek banks to be sold

    29/04/2013 12:56 CET Two of Greece’s banks are set to be sold under the country’s plans to revive the finance sector. Smaller lenders Hellenic Postbank and Proton currently owned by The Hellenic Financial stability fund have been split into good and bad parts. The country’s four biggest banks are being recapitalised. Institutions deemed non-viable are being wound down The ...

  • Video Should Greece go back to the drachma

    Investors may not be worrying quite so much about Greece at the moment but a new political party could change that. The Plan B party supports leaving the euro and returning to the drachma. Hayley Platt asks whether it's likely to do any harm to the country's ...

  • Slovenian philospher Zizek proposes gulag for those who do not support SYRIZA

    Slovenian philosopher Slavoj Zizek has caused controversy in Greece by suggesting that he would send anyone who does not support SYRIZA to ...

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