The procedure for replacing the Greek bonds (PSI) enters the most critical phase with the submission of binding bids, after the expiration of yesterday's deadline for expressing interest by the institutional investors.

The international triumph of the Greek "Logicomix" continues

Materialism, finance and possessions retreat and give priority to a three months period, during which we have the feeling that nothing and no one is in place

The executive director of the company managing the underground, tram and electric train lines was fired after the chaos resulting from employees refusal to be transferred to other public departments. The government turns a deaf year to the privatization of the state lottery.

This is the opinion of the Bulgarian Development Bank CEO Assen Yagodin, who commented exclusive for GRReporter the economic instability in Europe, the nervousness on the stock market and the prospects in Bulgaria.

The Greek Minister of Development, Competitiveness and Shipping Michalis Chrysohoidis attended the event. He wished neighbouring Greece soon to open a development bank to enjoy as beneficial cooperation with the Black Sea Trade and Development Bank as the Bulgarian bank.

The Greek Ministry of Finance announced the names of 6,000 public and private companies owing the state more than €30 million. By the end of the month, the Ministry will announce the names of individual persons owing amounts larger than €150,000.