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Archive - 2011

March 30th

European socialists criticized the credit rating agencies and called for solidarity on the continent

30 March 2011 / 14:03:18  
The Greek Prime Minister criticized the credit rating agencies and stressed that they make and implement their decisions not giving account to anyone.


New jobs for old public transport employees

30 March 2011 / 13:03:51  
While those employed in the public service are worried what will be their new job and what additional benefits will be partially cut, the union of private-sector employees (GSEE) told Mega TV that the unemployed will reach 1 3 million people by the end of 2011.


Papakonstantinou wants banks to put money on the market

30 March 2011 / 12:03:25  
The new package of government guarantees in the amount of 30 billion euros is to compensate the banks as their access to free funding from the capital markets was cut a year ago following the economic fiasco of Greece.


Imported fodder inflates the price of animal origin goods in Greece

29 March 2011 / 21:03:04  
If farmers have to pay more for fodders, the price of meat, eggs, milk and all other animal products produced in Greece is increasing. The government decided to 'cast a glance' at pricing and to support local production. But are the rules of the market economy observed?


March 29th

Standard & Poor's too lowered after Moody's the credit rating by two points

29 March 2011 / 19:03:39  
Тhe world's biggest credit rating agency downgraded Greece to BB- from BB+ with a negative outlook and a possibility of further lowering by one or two points.


The government settled with the civil servants fund, but pharmacists do not give free medications

29 March 2011 / 18:03:05  
"It is unacceptable pharmacists to continue their protests," said the Minister of Health Andreas Loverdos and announced that the government has paid part of its debt to the civil servants’ social security fund (OPAD), which owes millions to pharmacists. Loverdos stated that the payments to the pharmacists will begin tomorrow and they have no reason to continue to protest and not to give free medications to patients insured in OPAD.


There are no reforms in Greece, but small set ups, says a former finance minister

29 March 2011 / 13:03:17  
The real state deficit in Greece is over 13% of the GDP despite the tough economic measures, estimated the former Minister of Finance Alekos Papadopoulos. He supports profound reforms, real privatizations and elections in the form of a referendum.