Archive for May, 2012

Greece’s four big banks get recapitalisation funds

Greece‘s bank support fund on Monday disbursed 18 billion euros to the country’s four biggest banks as a part of a long-planned recapitalisation effort, a fund official said.

“The funds have been disbursed,” the official at the Hellenic Financial …

Massive cyber-attack discovered

A complex targeted cyber-attack that collected private data from countries such as Israel and Iran has been uncovered, researchers have said.

Russian security firm Kaspersky Labs told the BBC they believed the malware, known as Flame, had been operating since …

Turkey`s refusal to cooperate on missing

The Republic of Cyprus has submitted to the Committee of Ministers of the Council of Europe a Memorandum which reveals that the Turkish army is in possession of information related to the identity and the burial sites of killed Greek …

Brits Flock To Greece Despite Euro Crisis

British holiday bookings to crisis-hit Greece are soaring, despite the country’s economic woes.

As many as four million Britons could head for Greece this summer, double the average number, foreign exchange company Travelex predicted.

It said travel agents have reported …

Cyprus trounce Greece at Rugby

Cyprus 72 – 5 Greece

Cyprus and Greece joined in union on Saturday, but are soon to go their separate ways. The Cyprus national rugby union team, the Moufflons, walloped their Hellenic rivals 72-5 in front of nearly 1,000 fans …

Italian Match fixing scandal

Italian police investigating a widening soccer match-fixing scandal placed Juventus trainer Antonio Conte under investigation and arrested the captain of Lazio Stefano Mauri in a probe which also targeted Italydefender Domenico Criscito.

Police also visited Coverciano, the Italian national …

Omonia Youth U12’s excel at Harefield

Omonia Youths Under 12 Green travelled to Harefield Utd FC’s annual 6 a side tournament this sunday. Last season we came home as runners up, but this year we had a clean sweep of the trophies. The Green’s took their

Aussie Greeks make it into rich list

People say it’s hard being at the top but one would sincerely doubt it would be anything but easy being on the BRW’s annual rich list. Seven Greek Australians made the list for 2012, and have gained their wealth in …

Nicosia bank robbery

 Police have launched a manhunt for a robber who raided a Co-op bank on Stavrou Avenue in the capital Nicosia Monday.
According to the report, the armed robber burst into the bank, threatened staff in Greek and seized an undetermined …

Greeks spent 126 million euros for residential purchases in London

Data issued by foreign realty companies operating in Greece show that local demand for properties in London rose 39 percent in April — before the May 6 election — compared to the average for the previous six months.

Most prospecting …