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Archive - Mar 2011

March 9th

Ernst & Young: Recession will last five years

09 March 2011 / 14:03:49  
Economic experts presented the results of the Capital Confidence Barometer survey. It was conducted with the support of 49 local companies operating in 11 different economic sectors and with an annual profit of over 10 million euros each.


Six Chinese died in a fire, the government threatened starving immigrants with forced return

09 March 2011 / 09:03:58  
Six people, including two children died in a fire in the Athens suburb of Egaleo. The Greek government made its last proposal to immigrants in order to stop the hunger strike.


The snow closed schools in Greece

08 March 2011 / 22:03:59  
The heavy snowfall which began late last night in the Greek capital continues. There are power failures and the traffic on the national road network is hampered.


March 8th

Rio and Xanthi Casinos dismissed 32 employees

08 March 2011 / 17:03:29  
Xanthi and Rio Casinos in dismissed 32 employees in recent weeks. According to the president of the union of the Rio Casino employees Dimitris Karageorgopoulos, the company has been profitable in recent years and staff is needed. The Rio and Xanthi Casinos are the property of THEROS INTERNATIONAL GAMING, which is part of Marfin Investment Group owned by the businessman Andreas Vgenopoulos.


Moody's assessment raised the interest rates on Greek securities

08 March 2011 / 15:03:26  
Greece collected 1,625 billion euros from the sale of 26-week bills at 4.75 % interest rate, the spread-yield reached 930 basis points, the Prime Minister Papandreou threatened to veto the European Union


March 7th

Three people evacuated from Libya killed in an attempt to avoid returning to Bangladesh, authorities are searching for another 11

07 March 2011 / 20:03:44  
The search for 11 immigrants from Bangladesh who jumped into the sea for fear that the Greek Coast guard will force them to return to their homeland has no result yet. 100 or one third of the immigrants on strike in Athens and Thessaloniki are hospitalized.


The Foreign Minister of Turkey sees Muslims from Thrace to Kastelorizo

07 March 2011 / 19:03:57  
The Foreign Minister of Turkey stressed that his country is interested in all areas where there are Muslim minorities or strong presence of Ottoman cultural heritage.