Archive | December, 2009

Greek Online Casino Operator Prepares for US Market

Intralot, the Greek online casino and gambling company whose operations are the second largest in the world, is making moves to prepare for an eventual entry into the US marketplace. Recently, Intralot purchased a third of US gaming firm CyberArts, with an option to buy a 51 percent majority share of the company in the [...]

“Greeks” of Wall Street still Trusted

A major American investment firm holds in its portfolio Greek shipping companies that are listed in NYSE. Kayne Anderson Capital Advisors, which oversees 7.7 bil. dolars, is still interested in Greek shipping despite the crisis. The firm has holdings in Aggeliki Fragou΄s Navios Maritime Partners, Evaggelos Marinakis΄ Capital Product Partners and Symeon Palios΄ Diana Shipping. [...]

2009 Greek Heritage Essay Contest Winners

The leading American Satellite Television broadcasting company DirecTV in conjunction with marketing company IOUniversal Media and MEGA Cosmos, ALPHA Sat, ALTER Globe and GMTV held the 1st Annual Greek Heritage Essay Contest in the USA in order to award Educational Scholarships totaling $18,000. The Scholarships will be used to assist the recipients with their Greek [...]

“Aristotle” psychological centre inaugurated in New York

A new psychological centre that bears the name of the great ancient Greek philosopher and father of psychology, Aristotle, was inaugurated a few days ago in Astoria. Located in a 5-storey building in the heart of Astoria (31-09 37th Street, Astoria, NY 11103, Tel: 718-721-4300) and staffed with experienced personnel, it offers psychological counselling and [...]

Historic day for Holy Cross in Whitestone

Parishioners of the Holy Cross Church in Whitestone, Queens attended the opening of the community’s new church on Sunday, December 13 th . The inauguration was performed by the Archbishop of America, Demetrios, who had symbolically laid the church’s foundations on the feast day of the Holy Cross in September 2006. The opening was attended [...]

Athens Borough meets Athens, Greece

When George Whyte was elected mayor of Athens Borough, Pa., he probably never dreamed that he would one day take part in a ceremony with the mayor of Athens, Greece (foto). Yet that’s exactly what Whyte as well as a number of other government representatives from various Athens communities throughout the U.S. and the rest [...]

George L. Argyros in the Board of Pacific Mercantile Bancorp

Raymond E. Dellerba, President and CEO of Pacific Mercantile Bancorp (NASDAQ:PMBC), announced today that the Board of Directors of the Company has nominated George L. Argyros to serve as a member of its Board of Directors. Mr. Argyros’ election to the Bancorp Board is subject to bank regulatory approvals and will become effective if and [...]

U.S., Israel, Greece offer to help solve theft of corpse

Cypriot police say law enforcement authorities from the United States, Israel and Greece have offered to help solve the bizarre theft of former president Tassos Papadopoulos’ corpse. Spokesman Michalis Katsounotos said the kind of help is still being determined, but that assistance is welcome. Authorities have already sought Interpol’s help in the macabre case, which [...]

Greek-Americans call for protection of Ecumenical Patriarch Bartholomew

Greek-Americans have been writing letters to the US President Barack Obama and Vice President Joe Biden, urging the protection of Ecumenical Patriarch Bartholomew, following reactions in Turkey caused by the Patriarch’s statements about “daily crucifixion” in that country. Patriarch Bartholomew, the spiritual leader of 300 million Orthodox Christians, who constitute the second largest Christian Church [...]

AHEPA President Received at White House

On Monday, December 14, AHEPA Supreme President Nicholas A. Karacostas attended a White House reception at the invitation of President Barack Obama and First Lady Michelle Obama. Karacostas was honored to represent the AHEPA family. The supreme president of AHEPA also had the opportunity to briefly chat with President Obama, who conveyed his best wishes [...]

Greek-American Gets Married in Indian Orphanage

Wedding destinations have become more surprising, but getting married at an orphanage near Calcutta, India is very unusual. Greek American Dr. Angelo Volandes (photo left), and his -now- wife  Aretha Davis, selected that location as their wedding destination. The Greek Orthodox ceremony was performed on Dec. 13, by Rev. Andrew P. K. Mondal  at the [...]

Why Greece is a Problem for the EU but California is not for the US?

“Why is Greece such a big problem for the eurozone when the arguably far-worse financial plight of California is not raising similar concerns about the US or the dollar?” This is the fair question that was raised by Ralph Atkins of the Financial times in an article that was published today. The Financial Times journalist [...]