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Monthly Newsletter

December 2014 - Issue 168
Prometheas wishes you the best
for the Holiday Season and the New Year
Prometheas Events
  • Thursday, December 18, 8pm: The next meeting of Kyklos will be held at the Hellenic Center, as usual. The topic for discussion will be “Παράγοντες που παρεμποδίζουν την ανάκαμψη της Ελληνικής οικονομίας”, presented by Mr. Hari Vittas. All those interested are welcome to attend. For the recently updated information regarding the Kyklos initiative since its inception in January of 2013, click here or check our website at
  • January 16, 2015: Poetry Night, A tribute to Kostis Palamas: His life, his poetry, and his poems set to music. At St. George Greek Orthodox Church, Bethesda, MD  (flyer to follow)
  • January 30, 2015: Greek Letters Day; The Hellenic Society Prometheas' cutting of Vassilopitta; and Presentation of Awards to the best Greek School students. At St. George Greek Orthodox Church, Bethesda, MD  (flyer to follow)
Other Events and Announcements
  • Thursday, December 11,  6.30pm: Professor Athanasios Moulakis, President Emeritus of the American University of Iraq, will be giving a talk entitled "History and Myth: Italy's War on Greece 1940-1943".  This lecture is sponsored by The Society for the Preservation of the Greek Heritage (SPGH) and will take place in the offices of Squire Patton Boggs, 2550 M Street, NW, Washington DC. (See flyer).
  • November 2 - February 16: "El Greco in the National Gallery of Art (Washington DC)". The museum has augmented its El Greco collection - the largest in the US - with contributions from private collectors, for a retrospective marking four centuries since the artist's death.  (more info)
  • October 8 – January 4: “When the Greeks ruled Egypt” exhibition at the Institute for the Study of the Ancient World, New York (more info)
  • June 11-28: Study in Athens with “Heritage Greece 2015”: Apply by March 27, 2015 for an unforgettable journey to Greece tailored to connect students with their Greek identity and roots through a cultural immersion experience! The program was developed by the National Hellenic Society and is hosted by the American College of Greece. (more info
  • December 2014: Contemporary Greek Films in D.C.

    Greek Films Series “Athens Today” at American University’s International Cinema Series

    Friday, December 5, 6:30 pmSeptember (2013), by Penny Panayotopoulou. Opening night pre-screening reception
    Sunday, December 7, 4:30 pmStanding Aside (2013), by Yorgos Servetas.
    Friday, December 12, 7:00 pmWild Duck (2013), by Yannis Sakaridis. Q&A with the Director following the film.


     Greek Films at American Film Institute’s EU Film Showcase
    Saturday, December 13, 7:45pm Mikra Anglia, 2014 Oscar® Selection

    Sunday, December 14, 5:00pmMikra Anglia, 2014 Oscar® Selection 
    Friday, December 19, 9:40pm: Xenia
    Sunday, December 21, 7:10pm: Stratos [To Mikro Psari]
News Articles


Στις αίθουσες η ταινία "Πρόμαχος" για τα γλυπτά του Παρθενώνα
Παρουσιάζει την ιστορία δύο Ελλήνων δικηγόρων
στη δικαστική τους διαμάχη με το Βρετανικό Μουσείο, 19 Νοεμβρίου 2014

 Στις αίθουσες η ταινία

Την υπόθεση της επιστροφής των Γλυπτών του Παρθενώνα πραγματεύεται η ταινία μυθοπλασίας «Πρόμαχος» των νέων Ελληνοαμερικανών σκηνοθετών Κόρτι και Τζον Βούρχη, της οποίας τον καμβά συνθέτουν η πραγματική ιστορία, μια δικαστική διαμάχη και ο έρωτας. Η ταινία θα προβάλλεται στους ελληνικούς κινηματογράφους από τις 27 Νοεμβρίου. 

Με έμπνευση το άγαλμα της Αθηνάς Προμάχου, προστάτιδας του Παρθενώνα στην αρχαιότητα, η ταινία παρουσιάζει την ιστορία δύο Ελλήνων δικηγόρων στη δικαστική τους διαμάχη με το Βρετανικό Μουσείο σχετικά με την επιστροφή των Μαρμάρων του Παρθενώνα στην Ελλάδα. 

Read more

Misrule of the Few
How the Oligarchs Ruined Greece

By Pavlos Eleftheriadis



Just a few years ago, Greece came perilously close to defaulting on its debts and exiting the eurozone. Today, thanks to the largest sovereign bailout in history, the country’s economy is showing new signs of life. In exchange for promises that Athens would enact aggressive austerity measures, the so-called troika -- the European Central Bank, the European Commission, and the International Monetary Fund -- provided tens of billions of dollars in emergency loans. From the perspective of many global investors and European officials, those policies have paid off. Excluding a one-off expenditure to recapitalize its banks, Greece’s budget shortfall totaled roughly two percent last year, down from nearly 16 percent in 2009. Last year, the country ran a current account surplus for the first time in over three decades. And this past April, Greece returned to the international debt markets it had been locked out of for four years, issuing $4 billion in five-year government bonds at a relatively low yield -- only 4.95 percent. (Demand exceeded $26 billion.) In August, Moody’s Investors Service upgraded the country’s credit rating by two notches.

Yet the recent comeback masks deep structural problems. To tidy its books, Athens levied crippling taxes on the middle class and made sharp cuts to government salaries, pensions, and health-care coverage. While ordinary citizens suffered under the weight of austerity, the government stalled on meaningful reforms: the Greek economy remains one of the least open in Europe and consequently one of the least competitive. It is also one of the most unequal.

Greece has failed to address such problems because the country’s elites have a vested interest in keeping things as they are. 

Read more

Chinese Transform Greek Port, Winning Over Critics
Cosco-Built Container Terminal in Piraeus Marks Public-Relations Victory for Beijing
By Alkman Granitsas and Costas Paris
WALL STREET JOURNAL, November 20, 2014
Chinese Prime Minister Li Keqiang, left, delivered a speech in June as Greek Prime minister Antonis Samaras listened during the inauguration of a train line for containers at the port of Piraeus, outside Athens.

PIRAEUS, Greece—When state-controlled China Overseas Shipping Group Co. arrived here five years ago, it was met with a month-and-a-half-long dockworkers’ strike and a banner along the waterfront: “Cosco Go Home.”
Today, a new Cosco-built container terminal here has created 1,000 jobs, silencing most union unrest. After pumping in a billion dollars and promising another half billion, it has also transformed the port, just outside of Athens, into one of the biggest and fastest-growing in the Mediterranean.

The investment now ranks as one of the most successful Greek privatizations in recent decades. It is also been a rare public-relations victory for Beijing. Critics have accused China-backed firms of overpaying for a number of big resource plays in the developed world—from oil fields in Canada to mines in Australia—and then bungling their management.
Industry watchers say Cosco probably overpaid in its Greek gambit, too. But its transformation of the Piraeus container terminal is being hailed an operational success so far, for both the company and the port.

Cosco, founded in 1961 amid China’s Great Famine, bet big on Greece after a decade of minority investments in a handful of foreign ports—in Singapore, Suez and Antwerp. Its investment in Piraeus has helped catapult the company into the major leagues of global port operators, alongside giants like Danish shipping giant A.P. Moeller-Maersk A/S unit APM Terminals, and Dubai-based DP World.

The investment has also been a boon to Piraeus, a struggling port scarred by decades of industrial decline and the country’s protracted debt crisis. The port’s proximity to Athens makes it the busiest passenger harbor in Europe, a leading cruise-ship terminal in the Mediterranean, and unofficial home port to the biggest merchant fleet in the world.

Read more


Project Gutenberg offers over 46,000 free ebooks in multiple languages, including Greek

"Civil and Uncivil Wars: Memories of a Greek Childhood, 1936-1950" by Nicholas X. Rizopoulos

"Pericles of Athens" by Vincent Azoulay translated by Janet Lloyd



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