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Archive - Oct 11, 2011

Call to Arab businessmen to invest in Greece

11 October 2011 / 22:10:02  
Exports of Greek goods to the countries of North Africa in the first half of 2011 increased despite the serious political turmoil there.


Unnecessary panic in Greece due to the Hellenic Petroleum employees’ strike

11 October 2011 / 20:10:31  
"People do not have to queue up because Athens will not run dry of petrol," said the President of the union of petrol stations owners, Michalis Kiuosis, and three hours later, unionists stopped the protests.


Greek deputies turned the Parliament into an arena

11 October 2011 / 18:10:30  
PASOK and New Democracy representatives exchanged offences and threats of beating were heard in the hall.


Fate of the sixth tranche to be decided in early November

11 October 2011 / 16:10:20  
The Troika has given the Greek government 40 days to vote on the draft budget for 2012 on first reading, to enact and implement the labour reserve, the unified payroll table and all agreed terms and conditions before payment of the eight billion euros, which had to be in the treasury still in September.


Greek deficit sustainable reduction becomes "Mission Impossible"

11 October 2011 / 13:10:02  
The new findings of the supervisory Troika comprising the International Monetary Fund, the European Central Bank and the European Commission are that the Greek budget deficit would be at least 9.1% of GDP. Two months and a half remain and this could prove incorrect again.