Greek PM invites China to 'join Greece's success story'
Greece is rolling out the red carpet for Chinese investors as a means of stabilizing its shaky economy.
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Officials in Brussels and Washington may view China’s global shopping spree with alarm, as the Asian power house continues to buy up companies, sovereign debt, ports, and bridges around the world. But the Greeks are already dusting off the red carpet.After global rating agency Fitch upgraded Greece's sovereign credit rating from CCC to B- last week, Mr. Samaras tried to convince Chinese officials that the economic crisis plaguing Greece would soon come to an end.
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Greece's Prime Minister Antonis Samaras hopes his four-day trip to China this week will help his country's ailing economy by attracting investment and promoting the export of Greek products.
New York: The Liberal Party of New York State today endorsed John Catsimatidis, the successful businessman and independent Republican as their nominee for Mayor of the City of New York. The endorsement was made Tuesday morning at a City Hall area news conference by Liberal Party Chairman Jack Olchin.