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Archive - 2011

July 22nd

Greece got away with a selective default

22 July 2011 / 19:07:18  
Institute of International Finance (IIF) said that the exchange of bonds will help to reduce the Greek foreign debt by 13.5 billion euros and 90 percent of the local and foreign holders of Greek bonds are expected to be attracted in the process.


The ozone is suffocating Athens

22 July 2011 / 17:07:04  
During the very hot days the content of ozone in the atmosphere rises sharply. This type of air pollution causes serious problems for people with respiratory problems, children and elderly people.


Venizelos is not afraid of the credit rating agencies. The Eurozone is watching his back

22 July 2011 / 14:07:36  
Greece received 158 billion euros aid by 2020. 109 billion euros is the package from the eurozone countries and the International Monetary Fund. Another 38 billion euros will come from the participation of private owners of Greek government bonds.


Of summer and strikes

21 July 2011 / 21:07:32  
Today's economic crisis has revealed that behind the mask of apparent democracy, there hides a group of people in every sector of the economy in Greece, which believes that the country belongs to them.


July 21st

An epidemic of "yellow fever" in politics because of taxi owners strike

21 July 2011 / 18:07:03  
The strike of taxi owners caused inner turmoil in the ruling party. 21 lawmakers opposed the actions of the transport minister and led to the convening of a meeting next Tuesday to discuss the developments.


Brussels prefers selective default to financial collapse

21 July 2011 / 15:07:29  
Now, all figures in the Union are convinced that Greece is unable to deal with the internal reforms to reduce the budget deficit and at the same time to reduce the foreign debt. There is only one way - debt restructuring.


Over 60,000 fans cheered Bon Jovi at the Olympic Stadium in Athens

21 July 2011 / 13:07:10  
One of the most successful American bands excited the Greek fans for two hours and a half during a concert, which Jon Bon Jovi said he has been waiting for 20 years.