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December 2, 2005 | From Bloomberg News
The J. Paul Getty Museum will consider Greece's request to return four antiquities to the country after its new director takes up his position next year. The Greek Culture Ministry said it had received a letter to that effect from Michael Brand, who takes over as museum director in January. But the ministry said in a statement that it wasn't satisfied with the response and would continue to press its case for return, by legal means if necessary.
June 20, 2013 | By Carol J. Williams
Sixty years after leaving destitute Greece to pursue the quintessential immigrant's dream of striking it rich in America, Eftichios “Van” Vlahakis is back trying to do business in his again-impoverished homeland. Vlahakis, who at age 18 arrived in Chicago with a student visa and $23, slept in homeless shelters and did odd jobs at bars and restaurants while earning a chemistry degree at Roosevelt University in the 1950s. But he soon abandoned the toxins and caustic substances in use at his first jobs with companies producing aerosols, polishes and solvents, redirecting his knowledge of the Earth's elements to the creation of environmentally safe cleaning products.
July 2, 2004 | MIKE PENNER
Jan Koller, the bald giant who plays forward for the Czech Republic, sat on the grass in Porto, Portugal, on Thursday, his boots off, his eyes glazed. He looked like Gulliver after being low-bridged by the Lilliputians, only these spoke Greek. What else can you say about the last play of Koller's last match of Euro 2004?
July 13, 2007 | From the Associated Press
Many of Greece's most valued ancient statues are wearing chains and padded vests, ready for a rare outing. Culture Ministry officials demonstrated Thursday how more than 300 statues from the Acropolis are being packed for a move this fall to a new museum being built at the bottom of the hill.
January 24, 1988
My fascination with Greece began more than three years ago. I had dreamed of visiting ancient oracles and tried to imagine walking across the land of the gods in the footsteps of history. This year was my third visit. The moment I arrived on Greek soil on a tour, I felt comfortable. Even as a single female, I was at home with the land and its people. I had complete trust, whether with a tour or on my own. When it came time to leave, I left with sadness, but with the hope that I may return soon to be with the many friends I made.
September 1, 2006 | From the Associated Press
Two ancient Greek artifacts that officials said had been smuggled out of the country came home Thursday as part of an agreement with the J. Paul Getty Museum. A 2,400-year-old, black limestone stele and a marble votive relief dating from about 490 BC went on display at Athens' National Archaeological Museum only hours after being flown in from L.A.
June 20, 2011 | By Henry Chu, Los Angeles Times
European finance officials put off a decision Monday on handing debt-laden Greece its next installment of emergency loans, increasing the pressure on Athens to enact new austerity measures and fueling market fears of a national default. Investors had hoped that officials meeting in Luxembourg would approve the payout of about $17 billion in rescue loans to Greece, which desperately needs the money to pay bills that come due next month. But after several hours of talks, finance ministers from the 17 countries that use the euro said early Monday they would release the funds only if Greek lawmakers approve a controversial program of tax hikes and spending cuts to slash the country's mammoth budget deficit.
May 12, 2010 | By Megan K. Stack, Los Angeles Times
In a nation that has long prided itself on public protest, the convulsions of outrage have quieted for the moment. But anger still is simmering in the streets. Greeks are pledging to keep up strikes and street demonstrations against the government and the austerity measures it passed to secure $146 billion in international bailout cash. Their indignation is rooted not so much in the painful prospect of slashed pensions and salary cuts, which opinion polls indicate will be grudgingly accepted, as in a general sense of betrayal by politicians they regard as having glided through the crisis with impunity.
August 1, 2013 | By Anthee Carassava
ATHENS - Greece's Parliament last month approved the first official culling of the country's bloated public sector. The move, opposed by government workers but viewed by many economists as long overdue for an indebted economy, will push 25,000 civil servants into a "mobility scheme," giving them eight months to find work in another state department or get fired. Kyriakos Mitsotakis, the young Harvard-cum-Stanford educated economist who fills the country's least coveted government job - as minister of administrative reform, a stuffy-sounding title that puts him in the thick of controversy - spoke last week to The Times about efforts to pare back public employment, the controversial closure of the state broadcaster and the tough austerity measures demanded by international lenders.
June 14, 2011 | By Tom Petruno, Los Angeles Times
Standard & Poor's downgraded Greece's government bonds, citing a "significantly higher likelihood of one or more defaults" by the Athens government. The credit rating firm's lowering of Greece's rating to CCC from B reinforced a message that has been coming from the bond market since March: There's no way out of the country's debt morass without forcing bondholders to take some kind of haircut. The Mediterranean nation is now the lowest-rated country graded by S&P. Though S&P said it expected more financial help for Greece from the rest of the euro-zone countries, it also said it believes that "some official creditors will see restructuring of commercial debt as a necessary condition to such additional funding.
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