By Andrew MacAskill, Alistair Smout and Renee MaltezouLONDON/ATHENS (Reuters) – A dispute between Britain and Greece over ownership of the Parthenon sculptures, known as the Elgin Marbles, escalated on Tuesday, with both sides rejecting each other’s responsibility for the cancellation of a planned meeting between their two leaders.Prime Minister Rishi Sunak canceled Tuesday’s meeting with his Greek counterpart Kyriakos Mitsotakis after his office said both sides had previously agreed it should not be used as a public platform “for relaunching questions that have been settled for a long time.“It’s simply that if assurances are given and they are not met,…
Author: Ebrahim
An American tourist was beaten to death by a group of ten men while visiting a Greek island in the Mediterranean, state media reported.Bakari Henderson, 22, was at a bar on the Greek island of Zakynthos with his friends on Friday when a man approached him and they started fighting, according to the official ANA-MPA news agency. .The fight escalated into a brawl in the streets after bar security asked the men to leave, ANA-MPA reported.Two people, a 32-year-old Serb and a 34-year-old Greek national, were arrested. Police are looking for other people who may be involved.Zakynthos, an island on…
Greece on Tuesday launched the process of creating an order book for a new issue of 10-year syndicated bonds. Alpha Bank, Barclays, Citi, Commerzbank, Nomura and Société Générale act as coordinators of the issue. Greece’s issuance of 10-year syndicated bonds attracted spectacular demand on Tuesday, with bids so far exceeding 30 billion euros. The interest rate of the issue was set at 3.45% (80 basis points above the mid swap). The 10-year bond was Greece’s first exit from capital markets for 2024 (Greece reopened a 5-year bond last week) after the country earned an investment grade rating from credit rating…
One of Kenya’s best-known tech investors Ory Okoloh has cast a chill on the promotion of entrepreneurship and innovation on the continent. “You can’t build around bad leadership, we can’t build around bad policy,” Okolloh said, criticizing what she calls the “fetishization” of entrepreneurship and neglect of fundamental issues. which hinder African countries. “There is growth in Africa, but Africans are not growing,” she said, echoing her previous comments.Speaking at Quartz Africa Innovators Summit yesterday (September 14), Okoloh said:“I am concerned about what I see as a fetishization around entrepreneurship in Africa. It’s almost like it’s the next big thing…
The progress of construction work on the Central Greece Road (E65), linking Macedonia to southern Greece via western Thessaly and Fthiotida in central Greece, is “excellent”, the minister said on Monday of Infrastructure and Transport Christos Staikouras, during an on-site inspection, ANA. reports. Specifically, the project up to Kalabaka is 97-98% complete, he said, while the Lamia-Xyniada and Trikala-Kalabaka sections are expected to be delivered, weather permitting, before Greek Easter in May 2024. Staikouras then visited the Trikala works, where the northern section of the road (Trikala-Kalabaka) is being built, and where he was welcomed by Development Minister Kostas Skrekas.…
Hellenic Village Ltd is expected to be a hot topic of discussion at the next AHEPA NSW General Meeting on Sunday February 4 at 6pm. The Hellenic Village Ltd is made up of 21 Greek Associations in Sydney (unit holders), including AHEPA NSW which owns 3 shares. As first reported by The Greek Heraldthe unitholders have unanimously agreed to sell their 105 acre property at Gurner Avenue in Austral, NSW for $117.5 million at an extraordinary general meeting (EGM) on Monday 30 October 2023. During the EGM, unitholders were unable to reach agreement on how funds from the sale of…
An Italian archaeologist and antiquities expert says a “substantial portion” of the looted items returned to Italy earlier this year from the United States are fakes. Gianfranco Adornato, a professor of Greek and Roman art and archeology at the Ecole Normale Supérieure in Pisa, says a high percentage of the 60 works, collectively valued at more than $20 million, are “made up of easily recognizable forgeries …these supposed works will hopefully never be exhibited in Italian museums.”The 60 archaeological objects believed to have been looted from sites in Italy, including a fresco taken from Herculaneum and bronze busts, were repatriated…
Photo by Dimitris Kapantais/SOOC/AFP via Getty Images Hundreds of items are repatriated to Greece after a 17-year legal battle with the liquidated company that was owned by disgraced British art dealer Robin Symes. The Greek Culture Ministry announced last week that it had recovered 351 objects dating from the Neolithic period to the early Byzantine era, which previously belonged to the Symes company. Illegally exported items included an early Cycladic figurine dating from between 3200 and 2700 BCE, a damaged marble statue of an archaic kore from 550 to 500 BCE, and the torso of a larger bronze figurative statue…
WASHINGTON, DC — As unemployment rates remain high in many European Union countries, entrepreneurship could help reduce unemployment in some of these countries by opening new sectors of economic activity that stimulate creativity of jobs. However, majorities in many EU countries – including almost all Italians and Greeks – say their government makes it difficult to start a business, potentially discouraging entrepreneurship where it is most needed. In February, the European Commission raised its economic growth forecast for the euro zone for 2014 to 1.2%, mainly on the back of an expected 1.8% rise in German growth. Even as the…
A new exhibit at a Dutch museum declares: “Egypt is part of Africa,” which might seem uncontroversial to most who have seen a world map.But the exhibition at the National Museum of Antiquities in Leiden goes beyond geography. It explores the tradition of black musicians – Beyoncé, Tina Turner, Nas and others – drawing inspiration from and pride in the idea that ancient Egypt was an African culture. The exhibition is presented as a useful corrective to centuries of cultural erasure of Africans.What may seem thought-provoking in the United States and thought-provoking in the Netherlands, however, is anathema to the…