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Archive - Feb 2012

February 9th

Vodafone transfers cash from Greece to the United Kingdom

09 February 2012 / 16:02:10  
The European Commission and the International Monetary Fund have given the Greek government another 15 days to find measures to save 300 million euro. Companies smell bankruptcy and problems in Europe and transfer their money to the safer pound.


Athens airport against low cost airlines

09 February 2012 / 15:02:42  
"Eleftherios Venizelos" rewarded its shareholders with one billion euro in 2011, 750 million of which went to the treasury. This will not be possible if airport fees are reduced, the airport management says.


More than 1 million unemployed in Greece

09 February 2012 / 14:02:45  
This is equal to the record 20.9% of the population, according to the data of the national statistical service for November 2011, the average unemployment rate in the eurozone is 10.4%, a new 48-hour strike on Friday and Saturday.


live Another meeting of political leaders in the early morning hours

09 February 2012 / 02:02:19  
Party leaders have agreed on everything except for the auxiliary pensions, announced the Greek Prime Minister's office. At the moment Lucas Papademos is meeting the representatives of the supervisory Troika, seeking how to fill the gap of 300 million euro.


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.


February 8th

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.