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Archive - Aug 2011

August 13th

Black Rock will launch stress tests for 18 banks

13 August 2011 / 13:08:53  
A report of Νomura provides for a new „pruning“ of the Greek bonds which are headed towards rescheduling

August 12th

The recesion deepens in Greece

12 August 2011 / 18:08:52  
The Greek GDP dropped by 6.9 per cent in the second quarter of this year. Limiting government spending is still slow, and the Public Debt Management Agency is about to issue quarterly bills worth one billion euro.

Policemen play the role of drug dealers, commandos guard ships from pirates

12 August 2011 / 15:08:55  
Policemen will become part of criminal networks in order to capture drug dealers. Security firms provide professional protection of Greek and foreign ships against piracy in the Indian Ocean.

August 11th

UEFA expelled Olympiakos Volou and Kavala from Europe, but the Greek federation left them in the first group

11 August 2011 / 20:08:57  
The decision of the Football Federation to keep the teams, whose owners have fixed matches, in the first group is deemed scandalous. The government threatens to break the state funding and spoil the next championship.

The price of gold grows, but the Greeks do not buy gold jewelry

11 August 2011 / 18:08:17  
The Greeks stopped buying gold jewelry. Some because they can not afford it, while others because of the overall atmosphere of grayness and concern that lows their spirits, says one of the most famous jewelers in Athens.

Greece is shown the road to the drachma again

11 August 2011 / 16:08:58  
The collapse of its economy continues, the unemployment has jumped to 16.6 per cent in May, shop owners have reported 25 per cent drop in their turnover and the Office for Combating Economic Crimes has found massive tax evasion by tourist destinations.

August 10th

More humanity for drug addicts, more stringent penalties for drug dealers

10 August 2011 / 20:08:16  
In Portugal, such measures have led to doubling the number of addicts who participate in detoxification programs, said the chairwoman of the Organization against Drugs Meni Maliori in an interview with Anastasia Balezdrova.