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Archive - Nov 2010

November 10th

The 2009 budget deficit reached 15.5 per cent of GDP

10 November 2010 / 15:11:18  
The 2010 deficit has been updated to 9.2-9.3 per cent of GDP. The new data inevitably will lead to fiscal consolidation measures rearrangement and 2011 will be even harder than the previous year.

Heavy Greek bus crash in Albania

10 November 2010 / 11:11:33  
Nine passengers died and 34 others were injured in a serious accident last night with a Greek bus between the cities Ballsh and Tepelena in southern Albania.

Old against new immigrants on the St. Panteleimon square

10 November 2010 / 10:11:02  
Albanians have overcome the initial bias to themselves, now they are complaining against illegal Asians and Africans

Greek farmers are buying synthetic fertilizer from Bulgaria as it is 40% cheaper

10 November 2010 / 09:11:44  
Prices of agricultural supplies have risen from 20% to 40% in the last year, thus making the end consumer price higher.

November 9th

Why some Greeks haven’t voted

09 November 2010 / 16:11:52  
40% of the voters in Greece have decided not to participate in elections. I sought the answer to the question "Why haven't you vote in the local elections?" among my friends and acquaintances. The results proved interesting.

Morgan Stanley expects Greece to long stay in the Troika’s arms

09 November 2010 / 14:11:58  
According to financial analysts this is a step forward that will reduce the risk of crisis deepening and ensures the debt will be redeemed without threatening a member state of the Eurozone with bankruptcy.

All parties satisfied with election results

09 November 2010 / 13:11:25  
Awaiting the second round of local elections in Greece are political parties while counting the number of wins and losses after the Sunday vote.