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Archive - Oct 12, 2011

The National Bank of Greece anticipates almost 3% recession for 2012

12 October 2011 / 21:10:59  
Financial analysts report that the high degree of uncertainty and delayed structural changes will slow down stabilization in the second half of next year.


Moneypedia for the followers of Greek business

12 October 2011 / 20:10:02  
The website moneypedia.gr offers necessary and reliable information about money, about how it works, and about banks and their services. Its aim is to prompt and help young people create their own businesses, which will help the revival of the Greek economy.


The members of Revolutionary Struggle released days before the start of their trial

12 October 2011 / 17:10:55  
The members of the group Revolutionary Struggle, which fired a rocket at the U.S. Embassy in Athens three years ago, will sit in the dock as free people. The police captured the gang of "thieves with Kalashnikovs."


ABN AMRO Bank warns the euro zone not to expect rose-coloured 2012

12 October 2011 / 15:10:28  
All Greek ports will remain blocked on October 17 and 18 this year while shipping entrepreneurs are struggling for survival.


The 50-per cent haircut to shake the insurance market

12 October 2011 / 13:10:35  
Around € 800 million would be the damages from the possible cuts in Greek securities, however, the shock in the insurance companies will be weaker than in the banks.