To gather state finances and reduce outlay, PM of Greece George Papandreou has decided to proceed with mergers and closures of hundreds of organizations in the public sector. The first decisions was taken yesterday for merger or closure of 102 organizations.

In recent months, radio stations, clubs, iΡod-s, even at 50-year-ols parties – you can hear the hit song "You know I like you, but do not believe me", which even before releasing a video gathered a record of 500,000 visits in YouΤube.

Expected are at least 10% reduction of tourists from Germany and 7% from the UK. The economic crisis and poor image of the country in put Greece in the background of preferences of western Europe tourists this year.

Greek authorities consider the case of the next financial pyramid, which this time has sucked from unsuspecting investors €3.15 million. In less than two months this is the second case, which disclosed a financial fraud on the American model Bernard Madoff.