Because of the high uncertainty and rapidly deteriorating conditions in the capital markets, Greece has decided to postpone its registration in the U.S. Securities and Exchange Commission (SEC), which would allow it the issuance of the so-called Diaspora bonds that would be sold to Greek-American investors. Greek Deputy Minister of Finances, Philippos Sachinidis, informed the [...]
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AHEPA Initiatives to Help Relieve People in Debt-Ridden Greece
The American Hellenic Educational Progressive Association (AHEPA), a leading membership-based association for the nation’s three million American citizens of Greek heritage and Philhellenes, will mobilize its chapters, and work in cooperation with the International Orthodox Christian Charities (IOCC), to help with humanitarian relief efforts for the people of Greece, announced Supreme President Dr. John Grossomanides. [...]
“Greek News” Appeals to Greek-American Community For Support to Homeland
The Greek-American daily newspaper “Greek News” has appealed to the Greek Community throughout the US to provide the necessary support for Greek people going through extremely harsh times. In its main article, the editor of the NY newspaper, Mr. Apostolis Zoupaniotis analyzed the Greek situation and presented the overall data concerning rising unemployment rates, which [...]
Arianna Huffington Suggests Bringing World Economic Forum To Greece
In her interview to Reuters news agency, president and editor-in-chief of the Huffington Post Media Group Arianna Huffington suggested the relocation of the World Economic Forum from Davos, Switzerland to Patmos, Greece. On the occasion of her attending the Davos Forum, Mrs. Huffington revealed that she has also joined the protesting people in Syntagma Square, [...]
Greek Yogurt Reinforces Economic Vitality of New York Agriculture
The New York Times piece — “Greek yogurt craze a boon for New York state” — is one of several recent articles in various publications with a common theme: the demand for Greek-style yogurt is growing, and much of it is being made in upstate New York. In the last six years, sales of Greek [...]
“Greece: Staying with the Euro vs. Default and Exit” Dinner – Lecture in Los Angeles, CA
On Sunday, February 2, 2012, the American Hellenic Council and the Hellenic University Club of Southern California, in association with the Basil P. Caloyeras Center for Modern Greek Studies, will host a Dinner – Lecture at Loyola Marymount University in Los Angeles with the subject of “Greece: Staying with the Euro vs. Default and Exit”. [...]
US Media Spotlights Greece’s Dire Financial Situation
In case the Greek government and its private investors do not come to an agreement, the bailout plan for the Greek economy will fail and the next tranche will be lost, reports the US media, emphasizing the “harsh” warnings of Germany and France towards Greece to proceed with the implementation of all reforms agreed upon [...]
Greeks Come To NY In Search Of Better Life Prospects
WNYC published an extensive report on Greek people leaving their recession-hit country and travelling to NY in search of a better future. The collapsing economic situation in Greece has led many Greeks to either return to the US or simply make a whole new start in the US and search for new prospects. According to [...]
IMF Mum On Possible Papandreou Resignation
The International Monetary Fund declined to comment on speculation that Greek Prime Minister George Papandreou may resign Thursday, insisting uncertainty in the country must be removed before the fund makes a decision on more financing for the struggling country. IMF spokesman David Hawley refused to weigh in on overnight political developments in Greece, including reports [...]
Buy a house, get a US visa?
John Thomas Financial CEO Thomas Belesis chimes in on Fox Business Scoreboard regarding a bill that will grant visas to people who buy houses that worth over $500.000.
Strong Bilateral Relationships Between Greece and USA
During the meeting between US Secretary of State Hillary Clinton and Greek FM Stavros Lambrinidis at the State Department, Clinton underlined bilateral relationships between USA and Greece, that continue strong, regional and international matters, and of course the international economic challenges that Greece along with the rest of the world is facing. On his part, [...]
Greek Shipowners Demand Piracy Be Curtailed
Greek shipowners have been warned of the havoc on vital international ocean trades if the problem with piracy is not curtailed more effectively. The message was spelt out “in no uncertain terms” by a delegation of Greek owners who visited Washington this month, meeting rule-makers and officials including US Secretary of Transportation Ray La Hood. “They understand [...]
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02 / 21 The Importance of This Year’s Greek Independence Day Parades in USA
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02 / 21 White House Welcomes Greek Deal
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02 / 21 Wall Street Up on Greek Deal
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02 / 21 Andrew Athens Talks About One of America’s Greatest Philhellenes, Ed Derwinski
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02 / 21 Event Dedicated to Greek-Cypriot Author Lucy Maroulleti in Astoria
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07 / 23 St. Nicholas of Manhattan in Ruins while Mosque Rises
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08 / 03 George Demos Tells Fox News We Must Rebuild St. Nicholas Greek Orthodox Church at Ground Zero
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11 / 27 Greek American Pihakis Busted by Feds for $5.8 Million
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12 / 27 Greek Orthodox Community of America Renounced Anti-Semitic Statements by Metropolitan Seraphim of Piraeus
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02 / 09 St. George Community of Lynn, Massachusetts, Refuses to Pay its Contribution to the Archdiocese
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