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Archive - 2011

June 16th

The discontented stay on Syntagma

16 June 2011 / 20:06:34  
People of all ages and jobs do not leave the most central place of the Greek capital. They want a change, they want an explanation of how Greece ended up here, they want a better life without corruption, lying politicians and empty promises.


Professor Athanasios Veremis: Antonis Samaras’ actions are not for the good of Greece

16 June 2011 / 18:06:33  
The ruling PASOK party is divided into two camps at least. Some of them want a change and the others, along with "hard" trade unionism, are ready to drag the country to the bottom, said the Professor in an interview with Anastasia Balezdrova.


The economic and political collapse of Greece crashed the stock market and raised the spread

16 June 2011 / 14:06:02  
The Greek government bonds interest rate reached the skies and the CDS insurances are close to about 2,000 bp.


Students made Facebook easily accessible for visually impaired people

16 June 2011 / 13:06:05  
The innovation was inspired by the 12-year-old Vassilis who is visually impaired but wants to be part of the popular social network like his peers.


Papandreou goes on alone

15 June 2011 / 21:06:30  
The Prime Minister will propose a new government to the Parliament tomorrow, expecting support from his own parliamentary group.


June 15th

The credit rating of the four major Greek banks hit the bottom

15 June 2011 / 20:06:47  
Standard & Poor's downgraded the National Bank of Greece, Eurobank (EFG Eurobank Ergasias), Piraeus Bank and Alpha Bank CCC. Credit Agricole was also hit because of its exposure to the Greek government bonds of Emporiki Bank.


Steve Forbes: Get rid of bureaucracy and impose a flat tax. Everything else comes next

15 June 2011 / 20:06:16  
The founder of the popular financial edition in the world Forbes participated in Greek PowerSummit 2011 in Athens. He was clear that if the government reduces the taxes and minimizes bureaucracy, there will be a renaissance for the Greek entrepreneurship.