Tag Archives | Greece

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 [...]

Greek Journalist’s Unpaid Tale of Woe

Greek journalist Kostas Tsapogas, who used to work at the newspaper Eleftherotypial before being fired – after he went unpaid for months while the company’s owners weren’t – told the New York Times how badly the country’s crushing economic crisis and austerity measures are affecting his countrymen. “Since the newspaper where I worked for 23 [...]

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With Secretary Kerry Coming In So Are New Opportunities

By Demetrios Rhompotis* - Tomorrow, Friday, February 1st, will be the last day for Hillary Clinton as Secretary of State. While it is early for a thorough assessment of her tenure, none can seriously question her skills and energy, especially the latter. According to NY Times columnist Gail Collins, she traveled 956,733 miles (imagine how many free trips [...]

Calif. Exec Jailed For Greek Bribe

A federal judge in California has sentenced a former Orange County businessman to four months in prison plus four months of home confinement for bribing officials in Greece. City News Service reports 60-year-old David Edmonds was also ordered to pay a $20,000 fine for violating the Foreign Corrupt Practices Act. Edmonds worked for Control Components [...]

Sen. Graham: Obama’s Economic Plan Will Turn USA Into Greece

Sen. Lindsey Graham said President Barack Obama’s plan to prevent American from going over the fiscal cliff is “a joke.” “I think we’re going over the cliff,” the South Carolina Republican said Sunday on CBS’ “Face the Nation.” “It’s pretty clear to me they’ve made a political calculation. This offer doesn’t remotely deal with entitlement [...]

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Mitt Romney, Greece is Not a Punching Bag

A Greek-American’s answer to Republican presidential candidate Mitt Romney who wants to save America from going “…down the path toward Greece.” By Dean Argiris* – Far too often, it seems, when we see others who posses traits that we feel we lack, we have a tendency to mock those individuals. Yesterday, Governor Romney, without knowing [...]

Bill Clinton from Concordia on Greece

Bill Clinton: “There is Nothing Wrong with Greece – Issue Bonds”

Bill Clinton offers support to crisis-hit Greece from the podium of the second Annual Concordia Summit. The former US President notes that “there is no problem with Greece and that Greek people work 25% more hours than the Germans.” Since Germany is not willing to issue Euro-bonds to help Greece, Clinton suggests a non-tradable Greek [...]

Joe Biden or as he said himself

Biden to Ohio Greek-Americans: I am ‘Joe Bidenopoulos’

According to a pool report, Vice President Joe Biden speaking to a Greek-American supporter at a lunchtime stop in Ohio showed his Greek side and his love for Greece. The pool report noted: Approaching a table of men he knew to be Greek, the VP said, “I’m Joe Bidenopoulos.” “Ask George,” he said – unclear [...]

Obama Wants Greece in Eurozone – Until U.S. Election

Apparently anxious that a Greek default could harm his re-election chances, U.S. President Barack Obama is reportedly squeezing European leaders not to do anything that could force Greece out of the Eurozone before the American elections in November. The British newspaper The Independent wrote that British sources have said that the Obama Administration is fearful [...]

Greece and USA in First Intercontinental Kidney Paired Donation

Medical history was made last December when a 31-year old Oklahoma woman donated her kidney to a stranger – a man living in Athens, Greece. In return, the Greek man’s wife has donated one of her kidneys to someone in Wilkes-Barre, PA, completing the first intercontinental kidney exchange and opening a door that potentially can [...]

UN Mediator Matthew Nimetz Plans To Separately Visit Athens and Skopje

After two separate successive meetings he had on Monday and Tuesday in New York, with both Greek and FYROM representatives, Matthew Nimetz expressed his readiness to visit the two countries, possibly as soon as February, provided that an agreement is initially made on the dates of his contacts with the two governments. The Personal Envoy [...]