USA
Greek church
Bartholomew Foundation to Provide Financial Freedom to Ecumenical Patriarchate
Karloutsos is launching the Ecumenical Patriarch Bartholomew Foundation aiming to make the Ecumenical Patriarchate financially independent
Economy
Calamos Sees Signs of Economic Recovery in COVID-19 Hit Times
Calamos Investments has published its views on markets and the economy in its latest 'Economic and Market Outlook.'
Although there is considerable uncertainty and many challenges on the horizon, they see signs of recovery and cause for cautious optimism. The...
Greek church
Greek Orthodox Archdiocese of America Releases Statement on Financial Deficit
The Greek Orthodox Archdiocese of America releases a “Statement on the Archdiocesan Financial Situation” and a “Message from Archbishop Demetrios”
Read the full statement below:
Beginning in October of 2016, and continuing through early 2017, His Eminence Archbishop Demetrios, Geron of...
Diaspora
White House Meeting to Discuss Financial Aid to Greece
White House Chief of Staff Denis McDonough and prominent members of the Greek-American Community discussed the possibility of U.S. aid to crisis-stricken Greece, with the participation of U.S. Vice President Joe Biden.
The two-hour meeting took place at the White...
Business
We Asked a Greek American Financial Expert How Wall Street Sees Greece
The Greek economy has been hanging by a thread for almost a month. A Grexit went from pure speculation to an official- albeit temporary- alternative proposal by Germany. Greek banks reopened on Monday after three weeks, while cash withdrawal limits remain. Greece,...
Economy
Calamos Announces Renowned Panelists for 2014 Family Financial Summit
Calamos Wealth Management announced its 2014 Annual Family Financial Summit set to take place in September. The Summit will feature presentations by Calamos Co-CIOs, John Calamos Sr. and Gary Black, members of the Calamos investment team, subject matter experts and...
Politics
New York Times Predicts Early Elections in Greece
The opening ceremony of the Greek EU presidency held in Athens on January 8, seems to be the focus on American media. The New York times reported that if the Greek Prime Minister, Antonis Samaras does badly in the European elections,...
Economy
NYTimes, WSJ Greek Bailout Skeptics
Two prominent American newspapers, The New York Times (NYT) and the Wall Street Journal, published an article each on the developments in Greece, on the occasion of the latest Eurogroup’s decision.
The NYT has the title, Wrong Prescription for Greece....
Greek News
New York Times: Crisis Affects Greek Culture in a Negative Way
The New York Times has published an article about the significant fallout that the austerity measures imposed on Greece have had in the preservation and promotion departments at archaeological sites. The correspondent reporting from Kythera stressed that Greek culture...
Economy
The New York Times Reports: "Greece May Need New Tactics"
"The Greek government was able to legally strong-arm most of its private bondholders into accepting the debt reduction deal it completed Friday. But next time — and experts predict there will almost certainly be a next time — Greece...
Greek News
US Media Focus on Greek Financial Developments
The Greek financial developments of the past few weeks have entered the centre of attention for the US media, which are extensively reporting on the financial crisis, the political turmoil and the austerity plaguing the Greek people.
“New York Times”...
Economy
John Thomas Financial Chief Economist Mike Norman Talks Debt Ceiling; Says Comparisons to Greece Are Inapplicable
According to Tim Geithner, the United States will hit a wall on August 2 that will prevent the government from making obligatory payments. After that, the government will have to decide which payments it can continue to make and...
Economy
New York Times Article: Greek Default would be Catastrophic
According to a recent New York Times newspaper, a default by Greece would be a catastrophe for
Greece, for its European creditor banks and for financial institutions. The default
would affect every possible body taking advantage of Greece.
The socialist government voted...
Greek News
Today’s New York Times Includes Article on Dismal Greek Economy
The economic deadlock that many Greeks experience is referred to in today's publication of the New York Times. Additionally the article noted the upward trend in suicides, homeless people and free feeding queues.
The Times presents personal stories of people financially...
Greek News
New NASA “Morpheus” Mission is Financially & Energy Efficient
NASA has named a new vehicle for unmanned missions "Morpheus" after the Greek god of dreams. The lander can carry about 500 kg. of cargo and was built with the use of innovative technologies, that may one day enable...