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Archive - Nov 2011

November 24th

Thomas Cook potential bankruptcy will reallocate players on the Greek tourist market

24 November 2011 / 18:11:25  
"The travel agency Thomas Cook sends about a million tourists a year to Greece. These people will continue to travel. Therefore, they will have to find another travel agency with which to travel. From this perspective, there will be changes in the market. But this is quite natural," states George Drakopoulos.


Allied Movement against the Memorandum for financial assistance

24 November 2011 / 14:11:27  
"We give political expression of public discontent with the policy of the Memorandum and the people who can no longer identify themselves with the major ruling parties," said the members of the interim organizational committee Nikos Kotzias, Alexis Mitropoulos, Panagiotis Kouroublis, Antonis Kostakas and Dimitris Tsoukalas.


November 23rd

Fine dust particles poison the atmosphere in northern Greece

23 November 2011 / 21:11:45  
Authorities in Thessaloniki will close schools and restrict traffic in the centre if there is no change in weather conditions. The main pollutant in the area and in Bulgaria is increased use of firewood.


Now is the last chance to keep the country in the Eurozone, says Bank of Greece

23 November 2011 / 19:11:58  
Immediate formation of primary budget surpluses at levels higher than the planned values and stimulation of rapid economic growth are the main conditions for the country to survive in the Eurozone.


Ministry of Finance Secretary General to the prosecutor for fuel smuggling

23 November 2011 / 16:11:23  
Yannis Kapeleris to give explanations for uncollected fines from fuel companies. "It's not about smuggling, but about tax violations," he said.


USA and Germany benefit from lower interest rates on foreign loans after the height of the Greek crisis

23 November 2011 / 14:11:22  
For a year, the interest rate on the Greek foreign debt jumped from 5.99% to 25.18% but the interest rate on ten-year German government bonds fell to 1.9% from 3.1% in 2010.


November 22nd

Greeks’ patience with the new government lasted two weeks

22 November 2011 / 21:11:02  
The cabinet wants to send 30,000 civil servants to the labour reserve and thus has triggered new protests in a number of public and local governments and companies. Trade unions in the public and private sector have announced a general strike for 1 December.