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Archive - Sep 2011

September 19th

Fallen building sent five people to hospital

19 September 2011 / 17:09:41  
The second floor of a new building in the Athens district in the northern suburb of Kifissia fell during remedial works. Three foreigners and two Greeks were sent to hospital.

Fast devaluation of public companies listed on the Athens Stock Exchange

19 September 2011 / 16:09:58  
The Greeks will make privatization worth pennies after the value of public companies has fallen almost in half in three years.

IMF: Greece is credited under AAA terms, without having the same rating

19 September 2011 / 15:09:27  
This is the implication of the decisions of July 21 and it is now Greece's turn, stressed the Fund's Permanent Representative Bob Traa, according to whom taxes would not fall if tax evasion is not eliminated and the public sector is not cut.

Cyprus is starting the drilling for oil and gas

19 September 2011 / 13:09:11  
Turkey is going to make its own exploration and is threatening the European Union that it would suspend the diplomatic relations between them. There was a sharp response by the Cypriot President Dimitris Christofias.

September 18th

Papandreou cancelled his visit in the USA because of the crisis

18 September 2011 / 13:09:59  
Extraordinary meeting of the Council of Ministers on Sunday, Greece is expected to finally announce that it will reduce the public sector by 30 percent, the representatives of the supervisory Troika postponed their arrival in Athens

September 17th

Europe should not overestimate its ability to influence Greece's internal politics

17 September 2011 / 16:09:58  
The biggest concern of the Greek Prime Minister should be the banks, Eurobonds are like playing Russian roulette with doubled stakes, says the Professor of Economics and Finance at the University of Geneva Harald Hau in an interview with Maria S. Topalova.

The "knockout" in the individual horoscope and how to respond

17 September 2011 / 16:09:01  
Do not be afraid to ... be afraid, fear is our natural instinct for survival.