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Archive - Jul 4, 2011

Gas and protective masks sold like hot cakes in Athens

04 July 2011 / 23:07:08  
Six thousand euros was the daily turnover of one of the shops selling protective masks, gas masks and other organic and industrial gas protective equipment last Wednesday.


Unions are one of the main impediments to economic development

04 July 2011 / 21:07:42  
The President of the Hellenic Chamber of Commerce Konstantinos Mihalos spoke to GRReporter exclusively. His opinion is that early elections and Memorandum 3 are awaiting Greece.


€ 9,869 per month for the Greek deputies, despite the financial crisis

04 July 2011 / 18:07:56  
For participation in parliamentary committees, the deputies receive an average of € 1,200 additionally. If we add their participation in summer parliamentary sessions, the benefits and the transportation costs, any elected representative of the state costs average € 118,434 in gross amount. 25 million a year are needed only for the basic salaries of parliamentary employees most of whom are "political friends" and even relatives of parliamentary deputies.


Standard & Poor's warned that it will declare Greece’s insolvency if it defers the debt payment

04 July 2011 / 17:07:44  
The second bailout for Greece for the period 2011-2014 requires voluntary participation of private owners in the extension of foreign debt payments. The banks are waiting for the results of the new stress test and are preparing for mergers.


Israel involved in the negotiations for humanitarian aid to Gaza

04 July 2011 / 14:07:05  
The arrested American captain is going to testify before the prosecutor tomorrow, the spokesman of the Greek Foreign Ministry is warning of an action aiming to discredit Greece.