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Archive - Feb 8, 2012

Greek banks recapitalization is certain

08 February 2012 / 23:02:31  
The involvement of the European Central Bank in the PSI remains uncertain. S & P announced that Greece would be further downgraded.

live Eurogroup meeting for Greece to be held on Thursday

08 February 2012 / 22:02:50  
According to Eurogroup President Jean-Claude Juncker, the decision on holding the meeting of Eurogroup was taken depending on the course of the meeting of Greek political leaders, who support the cabinet, and Prime Minister Lucas Papademos. The meeting is still in progress.

Greek petrol stations are fighting theft, unreasonable fines and smuggling

08 February 2012 / 21:02:27  
Besides the high tax burden and the 30-percent decline in turnover compared to 2010, petrol station owners and their employees have become the number one target of thieves. According to the Greek press, at least two stations a day become the target of thieves.

Fascist Golden Dawn enters parliament

08 February 2012 / 16:02:08  
According to a recent poll, the largest political force in Greece is New Democracy. Then comes the newly established Democratic Left of Fotis Kouvelis, PASOK is supported by only 8% of the participants.

PSI + negotiations are over

08 February 2012 / 14:02:53  
The Greek government expects private creditors to show little interest in the programme, and prepares to trigger the collective action clauses, Nouriel Roubini expects a credit event and payment of CDS.