Tag Archive | "greece"

Greece downgraded from developed to developing nation

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ATHENS, Greece - Index provider MSCI Inc. (MSCI) has downgraded Greece’s status from developed nation to emerging-market. The decision came on the heels of the country’s onging recession and the consistent loss of the country’s stock market value. Since 2007, Greece’s stock exchange has lost 91 percent of its value. Businessweek reports that the New York based [...]

Greece: Government shuts down state-run television ERT

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ATHENS, Greece – State-run television and radio broadcasts will be suspended starting Wednesday morning. The decision was made despite stark opposition from Greece’s unions and junior coalition parties. Government spokesman Simos Kedikoglu said the Hellenic Broadcasting Corporation, ERT, and its 2500 employees will stay at home and until the company reopens. It is not known [...]

Porn Movie played behind Back of Greek News Presenter (VIDEO)

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Viewers that turned on the television to watch the evening news broadcast on Greece’s state-owned TV station ET3 weren’t expecting to get treated to some porn. The news reporter was being as professional as a news presenter should be when a sex scene appeared on one of the screens behind his back. As Gawker points [...]

Cyclists Helps Cow Give Birth (VIDEO)

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Two cyclists who went for a ride in Greece decided to help a cow give birth. The two spotted the cow in pain and struggling at the side of the road and so they decided to help her out. Watch the video of the outcome below:

Aristotle Onassis’ Island Skorpios Sold for $150M to Russian Billionaire

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ATHENS – The island where Aristotle Onassis and Jackie Kennnedy got married in 1968 has been sold for £100 million ($153million) to a Russian billionaire. The owner of the island, Athina Onassis Roussel, reportedly agreed to sell the island after her grandfather bought the island of Skorpios for 3.5 million drachmas - about $15,ooo – in 1963.  The [...]

Footballer Giorgos Katidis banned from Greece’s national teams for celebrating goal with Nazi-Salute (Video)

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Greek midfielder Giorgos Katidis has been banned from all national soccer teams after he celebrated his game-winning goal with the Nazi-salute. Katidis scored the goal that gave AEK Athens the victory over their Super League rivals Vera late in the game Saturday night. But his celebration wasn’t well-received by EPO officials, Greece’s soccer federation, who have banned [...]

Emir of Qatar buys six Greek islands for $11M

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The Emir of Qatar has bought six Greek islands for €8.5m ($11M) after having battled his way through Greek paperwork for 18 months. Hamad bin Khalifa decided to buy the six islands not far from Itacha, the mythical home of Ulysses, after he cruised by them in his yacht four years ago, reports The Guardian. The largest [...]

Greece approves draconian cuts, anger erupts outside parliament

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Greece’s government approved a package of strict austerity measures as anger eruprted on the streets of the country’s capital. The measures are an attempt to keep the country’s economy afloat and secure the next instalment of international loans. They include spending cuts and tax hikes worth 13.5bn euros that will release a 31.5 bn euro [...]

Greek journalist who published the ‘Lagarde List’ stands trial

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The journalist who was jailed by Greek prosecutors for publishing what is referred to as ‘The Lagarde List’ made his first court appearance in Athens today. A week ago, Costas Vaxevanis published on his weekly magazine “Hot Doc” a list of more than 2,000 Greeks who hold Swiss bank accounts. Prosecutors have charged him with [...]

Greece: journalist jailed for publishing list of 2,000 Greeks with Swiss bank account

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A Greek journalist has been charged with breach of privacy and jailed after publishing the names of more than 2,000 fellow countrymen who hold accounts in Switzerland. Journalist Kostas Vaxevanis has been jailed because he published the names without permission on his magazine Hot Doc. According to the BBC, the list is the same that [...]

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