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Archive - 2011

December 26th

81 billion euro losses for the Athens Stock Exchange

26 December 2011 / 14:12:06  
The situation on the stock exchange in 2012 will be determined by the approval of the super-tranche amounting to 89 billion by the Troika, the contract for PSI+, the conclusions of BlackRock about the banks and the need for their recapitalization (analysts estimated it at 40-52 billion euro), the depth of the recession, which was - 6 % in 2011 and total of -13% for the last four years, is further expected to range between -3.5% and 6% in 2012, and political events.

December 25th

Greek banks seek lifeline on the Balkans

25 December 2011 / 21:12:15  
Subsidiary branches of Greek banks in South-eastern Europe and Turkey can become their lifeline.

Cheaper and more modest Christmas dinner

25 December 2011 / 14:12:11  
Despite a decline in prices of basic products, Greeks are not wasteful when purchasing. This year they consumed between 30 and 40 percent less meat.

December 24th

The metro, trams and train in Athens are facing bankruptcy

24 December 2011 / 19:12:54  
Imagine a company with an absolute monopoly, which reduces the wages of its employees by 30 percent, increases the prices of its services by 40 percent and the only thing it achieves is to get even closer to bankruptcy!

We start 2012 with a change of government

24 December 2011 / 17:12:55  
In this article I will inform you about the 'climate' characteristics for the period January 1 to 15 and who will be affected by it. This climate affects people in different ways because it is directly dependent on the individual’s horoscope.

Lucas Papademos warns about backstage party games

24 December 2011 / 13:12:08  
"I do not want ministers or parties to lose their "identity", but I am determined to do everything necessary to run the government. "Amateur performances" must stop", says the statement of the Prime Minister.

"Sacred" arrest of an abbot of a Mount Athos monastery a day before Christmas

23 December 2011 / 22:12:36  
The scandal of property exchange between the Vatopedi Monastery and the Greek state marked the beginning of the end of the government of Costas Karamanlis.