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Archive - Nov 17, 2011

Thousands of participants and occasional clashes during the commemoration of the events at the Polytechnic University

17 November 2011 / 22:11:58  
According to organizers, the processions involved 30,000 people. The police claim they were two times less. Security forces captured 78 and arrested 11 participants in clashes.


Cypriot deposits of natural gas proved less than expected

17 November 2011 / 20:11:01  
The drilling results in plot 12, called Aphrodite, show that the capacity of the region is around 85-255 billion m3 of natural gas. This is much lower than the initial assessment of the exploring company Noble Energy.


Moderate optimism in the first report of the action group for Greece

17 November 2011 / 17:11:45  
Horst Reichenbach has announced the "roadmap" for Greece. The country loses € 60 billion from unpaid taxes.


The fate of the Greek foreign debt is decided in Frankfurt

17 November 2011 / 15:11:38  
Deutsche Bank CEO Joseph Ackerman and Charles Dallara will discuss the process with representatives of the European Commission. Greek bankers cut wage costs to withstand the pressure.