The "collapse" of Cyprus is happening slowly but surely, despite the fact that the country has low national debt, of about 60% of the Gross Domestic Product. There is, however, a large budget deficit - about 6% of GDP.
The Greek government prepared a five-years plan for control of income concealing, it will publish the names of people with debts amounting to more than 150 000 euro
Vangelis Pterneas and George Karakatsiotis won the first place in Microsoft's world technological competition for students Imagine Cup with their electronic guide Touring machine.
15 people raped a 16 years-old girl in Crete, a pedophile molested his sister's grandchildren in Thessaloniki and on Rhodes a municipal employee commissioned the killing of his cousin because of a dispute for inheritance rights over a restaurant in the Old town.
The "gap" between the revenue and the expenditures in the budget exceeded 14 billion 689 million euro, having in mind that the annual target of the country is 17 billion and 60 million euro deficit
Only within 30 hours after opening the telephone line of the economic department of the Greek police 116, citizens made complaints about fraud, most of them for not providing receipts.