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New Prime Minister A. Samaras Is Faced with Impossible Task Banker Is New Minister of the Investors Economy

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New Prime Minister A. Samaras Is Faced with Impossible Task Banker Is New Minister of the Investors Economy O C V ΓΡΑΦΕΙ ΤΗΝ ΙΣΤΟΡΙΑ Bringing the news ΤΟΥ ΕΛΛΗΝΙΣΜΟΥ to generations of ΑΠΟ ΤΟ 1915 The National Herald Greek-Americans NEWS c v A wEEKly GREEK-AmERICAN PUBlICATION www.thenationalherald.com VOL. 15, ISSUE 767 June 23-29, 2012 $1.50 New Prime Minister A. Samaras is Faced with Impossible Task Banker Is New Minister Of The Investors Economy Bancorp By Andy Dabilis To Acquire TNH Staff Writer ATHENS – After two elections and bitter political feuding be- Marathon tween parties, New Democracy’s head Antonis Samaras, a 61- year-old American-trained econ- SHORT HiLLS, NJ (PR omist, was sworn in as Greece’s NEWSWIRE) Investors Bancorp, 13th Prime Minister since the Inc. and Marathon Banking Cor- fall of the military junta in 1974, poration announce a definitive faced with what seemed like merger agreement under which Mission Impossible: he will Investors Bancorp will acquire oversee an unlikely coalition Marathon Banking Corporation with the PASOK Socialists and for $135 million in cash consid- tiny Democratic Left who said eration. they will support him, but not Marathon Banking Corpora- participate in a government that tion is the U.S. subsidiary of Pi- is already submerged in a deep- raeus Bank S.A. and the parent ening economic crisis. corporation of Marathon Na- Samaras, elected on a plat- tional Bank of New York, a fed- form that included a vow to try erally chartered commercial to renegotiate with international bank headquartered in Astoria, lenders a set of harsh austerity NY with $902 million in assets, measures that he supported and $783 million in deposits, and 13 signed – after previously oppos- full-service branches in the New ing them – has to try to buy time York metropolitan area. Upon to implement more harsh con- completion of this transaction, ditions, including the ffiring o Investors Bancorp will have 22 EUROKINISSI 150,000 state workers, privatiz- New York branches, representing New Greek Prime Minister Antonis Samaras, left, during his cussed. Evangelos Venizelos from the Greek Socialist PASOK ing state enterprises, and open- 22% of its total branch network, meeting with the heads of his two minority coalition partners party, right, and the smaller Democratic Left's Fotis Kouvelis, 2nd ing so-called closed professions, totaling approximately $1.3 bil- and the new leadership of the Minister of Finance to prepare for left, the new Minister of Finance, banker Vassilis Rapanos, and lion in deposits. the Eurogroup meeting, where the issue of Greece is to be dis- former Minister of Finance George Zanias, in Athens June 21. Continued on page 9 Kevin Cummings, President and CEO of Investors Bancorp, Inc. commented, “We are excited about the acquisition of Marathon Banking Corporation TNH Hosts Event for Congressman Sarbanes Andrew Sarris, and its subsidiary Marathon Na- tional Bank of New York. Film Critic, 83 Marathon is a highly regarded NEW YORK – Congressman John ticipated in an informal discus- we stand by him.” dynamic people to represent commercial bank whose fran- Sarbanes (D-MD) visited New sion with the guests in Dia- He acknowledged the special them and express their interests, chise will continue the transfor- York for a special event hosted mataris’ office, everyone was di- guests, which included the Con- and to be role models for its By Michael Powell mation of Investors into a full by TNH Publisher-Editor Antonis rected to the TNH Hall of Fame, suls General of Greece and youth.” The New York Times service commercial bank. Addi- H. Diamataris. One of the gath- the second floor lobby whose Cyprus in New York, George Il- Sarbanes took the opportunity tionally, this transaction is a con- ering’s purposes was to raise walls are adorned with images of iopoulos and Koula Sophianou, to thank Diamataris not only for Andrew Sarris, one of the na- tinuation of our strategy of ex- funds – it is an election year, after the Greek and Cypriot-Americans respectively, Aphrodite Skeadas, hosting the event, but for provid- tion’s most influential film critics pansion into the New York all – but the congressman was and Philhellenes, who have the national Philoptochos Presi- ing the community with quality and a champion of auteur theory, markets and more than doubles also excited to meet his fellow graced the covers of the Greek- dent, Federation of Hellenic So- reporting about Greece and the which holds that a director’s our existing New York branch Greek-Americans and Cypriot- language Ethnikos Kirix’ maga- cieties of Greater New York, offi- community. The audience, also voice is central to great filmmak- network.” Americans in New York, to share zines. cers Elias Tsekerides and Petros quite worried about Greece, was ing, died on Wednesday in Man- Paul Stathoulopoulos, Presi- his thoughts with them about the Diamataris welcomed the Galatoulas, prominent attorney hushed as he acknowledged that hattan. He was 83. dent and CEO of Marathon challenges facing Greece and guests and told them “John Sar- Christos Stratakis, and educator “I struggle every day in Washing- His wife, the film critic Molly Banking Corporation, who will America, and describe some ini- banes wanted to meet you, but Stella Kokolis. ton, trying to combat the emerg- Haskell, said the cause was com- be joining the Investors Bank tiatives that he has undertaken we also want to meet him, be- Diamataris declared “the com- ing negative stereotypes of plications of an infection devel- for the community’s behalf. cause we want to thank him, and munity needs no more than to Continued on page 2 After the affable legislator par- encourage him, and to tell him have competent, educated, and Continued on page 4 Continued on page 6 Troubled Monk Apparently Greek Labor Commits Suicide in Arizona In 19th-20th By Theodore Kalmoukos When he pulled into the Century U.S. Monastery parking lot he was FLORENCE, AZ – At the St. An- met by a night watchman monk. thony’s Monastery in Florence, He drove a short distance away. By Steve Frangos AZ, a 27 year-old novice monk The watchman drove his car to- took his life with a gun on the ward the area where Nevins had In the 1880s, the largest em- dawn of June 11. parked. At some point, Nevins igration from Greece in modern Scott Nevins was a novice for shot himself according to police times began. The United States six years at St. Anthony, one of accounts, and was flown by a was then experiencing a major the 21 Monasteries established helicopter to an area hospital, industrial expansion, for which by Elder Ephraim, the former where he died. An autopsy was millions of new laborers were abbot of the Philotheou scheduled to be performed. needed. Between the 1880s and Monastery on Mount Athos. The Monastery belongs ec- 1920s, the Greeks were the very From Modesto, CA Nevins was clesiastically and canonically to last of the Europeans to arrive in a convert to Orthodoxy. He had the Greek Orthodox Archdiocese response to that open call for la- left the Monastery 15 months of America through the Metrop- bor. Demographically, the great- ago in the middle of the night olis of San Francisco under Met- est concentration of Greeks lived and went to Oregon and en- ropolitan Gerasimos. TNH was and worked West of the Missis- rolled in college. He returned unable to reach Archbishop sippi river until the end of WW the Monastery armed with two Demetrios or Nevins’ parents for I. The West was then a dynamic guns and a knife on June 10. comment. area needing a seemingly endless The authorities have not es- supply of workers for factories, tablished a motive why Nevins mines, railroads, road building, For subscription: too k his life or why he returned TNH/COSTAS BEJ and numerous other types of in- 718.784.5255 to the Monastery armed with Honoring A Revolutionary Giant dustrial enterprises and efforts. [email protected] two guns and a knife. In e-mails For those Greek-Americans that he exchanged with Abbot Metropolitan of Chios, Markos, paid a short visit to New York where he was given a warm welcome whose forefathers arrived during Paisios and another monk, Fr. by the large and successful Chian-American community. The metropolitan also visited the offices that period, many have heard Ilarion, Nevins wrote that he of TNH where he met the publisher-editor and staff. Above, the metropolitan unveils a painting of tales of those initial years of vio- the Konstantonis Kanaris, one of the most important heroes of the Revolution of 1821, commis- Continued on page 3 sioned by Markos Marinakis, left. Evaggelos Kavvadas kai Evaggelos Kyriakopoulos look on. Continued on page 7 2 COMMUNITY THE NATIONAL HERALD, JUNE 23-29, 2012 GOINGS ON... n JUNE 14-AUGUST 31 at the Hellenic Cultural Center, CHICAGO, IL – Looking f or fun 27-09 Crescent Street in Astoria. and educational activities to do Tickets: $40 $25. For tickets and with the kids this summer? The information: 718-204-8900 National Hellenic Museum has weekly summer programming n JUNE 25 for children ages 3-10. Young MANHATTAN - The Consul Gen- Muses: Arts and Crafts, takes eral of the Republic of Cyprus in place every Thursday, starting New York and the Board of Di- on Jun. 7 and runs until August rectors of The George “Best” 30. The activities are free with Costacos Cultural and Cancer museum general admission, $10 Research Foundation cordially for adults, $8 for seniors and invite you to the opening recep- students and $7 for children. tion of The Group Exhibition The inaugural exhibit Gods, ”Broken Memories” Monday, Myths and Mor tals will be fea- Jun.
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