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Archive - Sep 23, 2011

Greece is a poor country with rich citizens

23 September 2011 / 21:09:11  
Professor of Economics Savas Rombolis warns that if the rich in Greece do not contribute, along with everyone else, for the crisis, society will turn against them and the reaction will be uncontrollable.

Private insurance in Greece is in the red zone, as is the whole country

23 September 2011 / 18:09:44  
Over 10 million euros losses recorded private insurance companies in 2010, according to a report by the Union of Insurance Companies in Greece.

Emporiki Bank exits the Athens Stock Exchange

23 September 2011 / 17:09:42  
After 102-year presence the financial institution withdrew its shares from the stock market, which today suffered another collapse and its index fell below 800 basis points.

PASOK parliamentary group on the brink of decay, Greece awaiting elections

23 September 2011 / 15:09:46  
Greece finds itself on a brink of major political events because MPs from the ruling party are preparing not to vote for the new economic measures and openly want the formation of a coalition government.

Unions fiercely against layoffs in Greece

23 September 2011 / 13:09:39  
The Scientific Institute of the Syndicate of private sector employees (GSEE) provides unemployment rate from 26 percent in 2012 and over a million Greeks will remain outside the labor market.