In Greece we had rather large red hornets (called Babura I think- spelling bound to be wrong), they had such a fearsome rep that people tended to leave them to it.
Could be the Oriental Hornet?
http://en.wikipedia.org/wiki/Oriental_hornet
@Oliver Schick started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
Could be the Oriental Hornet?
http://en.wikipedia.org/wiki/Oriental_hornet