Unemployed young people from countries such as Greece and Cyprus will have the chance to work in the USA for a year, in the framework of the new immigration legislation, which is being discussed at the Senate’s Judiciary Committee. Although Greece and Cyprus are not named specifically, the regulation suggested by the Republican Senator from [...]
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SYRIZA’s Dourou At Princeton, NYU
“We need a radical change in Greece and Europe,” Rena Dourou, a Member of the Greek Parliament for the major opposition Coalition of the Radical Left (SYRIZA) part said during programs at Princeton University and New York University presented under the title Is The European Union Condemned? A View From Greece. Dourou talked about several [...]
Calamos Hosted Thought Leadership Summit for Wealthy Families
Outstanding speakers, interactive roundtables and the opportunity for clients to network with other affluent families in an invitation only, private atmosphere were the hallmarks of the Calamos Family Financial Summit which took place last week at the company’s headquarters in Naperville, IL. Calamos also hosts regional Building & Preserving Wealth programs and offers online thought [...]
Greek Crisis Cuts Astoria Grocer’s Easter Supplies
Titan Foods is a giant Greek grocery store on 31st Street, Astoria, a NY neighborhood with a strong Greek Diaspora presence. The grocery store has been importing products and items from Greece for many years, but the financial crisis in the Mediterranean country is beginning to affect its smooth operation lately. Now, right before the [...]
Rice’s Statements on Cyprus
In a news briefing, IMF spokesman Gerry Rice, when asked if Cyprus’ rescue could be a model for other crisis stricken-countries, stated that, “The agreement that was reached in Cyprus was an agreement that has the full support of the Cypriot authorities, the entire Eurogroup and the three institutions called the Troika. The case of [...]
Crisis May Push Cyprus Toward Turkey
Beginning what could prove to be a long financial crisis, Cyprus may yet have to hope it finds lucrative gas reserves off its coast, the New York Times has reported. Since the discovery of the gas two years ago, Cyprus has been laying plans to get the gas to market by circumventing Turkey, which has [...]
U.S. Backs Cypriot Confiscation Tax
The U.S. Department of the Treasury has applauded a bailout of Cyprus’ economy by international lenders that includes confiscating up to 80 percent or more of uninsured bank accounts over 100,000 euros, ($130,000) despite fury from account holders there. “The deal made for Cyprus fully ensures the guaranteed deposits and solves the capitalization problem of [...]
Bernanke on Cyprus
“The situation in Cyprus is difficult,” said Ben Bernanke, chairman of the Federal Reserve, during a press conference in Washington D.C. However, as he said, the impact on the international economic system “has not been enormous,” pointing to the rebound on March 20, in the US and European markets. Bernanke continued “I am aware that [...]
White House Watching Cyprus Drama
Worried that a possible collapse of Cypriot banks could trigger market jitters, the U.S government is monitoring a pending vote by the Cypriot Parliament to decide whether to confiscate up to 9.9 percent of bank accounts to help pay for a bailout. A White House spokesman, Jay Carney, said that the administration of President Barack [...]
Greek Crisis Worse Than 1929 Crash?
According to the New York Times, “five years into the Great Depression, one out of five workers in the United States was unemployed. The economy was nearly 20 percent smaller in 1934 than it had been at the peak, in 1929.” However, the Greeks now wish if only they could have it so good. This [...]
Livadas Visits Cruise Shipping Miami
Greece is taking part in the 29th annual Cruise Shipping Miami conference and exhibition which runs from March 11-14 at the Miami Beach Convention Center. The head of the Greek delegation was the Secretary General of the Greek National Tourism Organization (EOT), Panos Livadas. He was expected to showcase reasons why Greece should continue to [...]
Calamos Launches Thought Leadership Summit for Wealthy Families
Calamos Wealth Management, an investment advisory firm uniquely positioned within Calamos Investments®*, has announced the expansion of its client networking and education programs with the launch of the Calamos Family Financial Summit. Outstanding speakers, interactive roundtables and the opportunity for clients to network with other affluent families in an invitation only, private atmosphere will be the hallmarks [...]
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05 / 18 Hellenic Times Scholarship Fund Turns 22
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05 / 17 Ieronymos Honors Boston Marathon Bomb Victims
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05 / 17 Angelopoulos: Greeks Can Repeat the 2004 Miracle
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05 / 16 N.Y. Atlas Soccer Marks 67th Year
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05 / 16 Unemployed Greeks Have Chance to Work in US
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02 / 11 Exclusive: Hillary Clinton Will Run for President in 2016 – Confirmed
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07 / 23 St. Nicholas of Manhattan in Ruins while Mosque Rises
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08 / 12 John Thomas Financial CEO Thomas Belesis Is Optimistic @FoxBusiness
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12 / 03 Epirotes Abroad Blast Berisha’s “Greater Albania”
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10 / 23 Mitt Romney, Greece is Not a Punching Bag
Culture Shock
- Sellout Artists Promote Greece with…Placemats and Disposable Cups Tanya Soumbasakis
- Cultures in crisis Anna Maria Delinasiou
- Two ways to be Greek? Anna Maria Delinasiou
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