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Archive - 2012

December 29th

George Papaconstantinou - outside PASOK

29 December 2012 / 16:12:03  
Accounts associated with relatives of the former Finance Minister have been removed from the original "Lagarde" list, all parties insisted for an investigation and indictment of those involved

Privatisation comes to the fore

29 December 2012 / 13:12:37  
Some 2.6 billion euro need to be raised in 2013 in order to avoid new measures, the largest revenues are expected from the privatisation of the Greek state lottery and the Gas and Oil Companies

January brings the need for a new world order

29 December 2012 / 12:12:35  
Whatever you wish for on 26 and 27 January will come true, since this is the time for 'Christmas miracles'

Retailers’ turnover doubled on Sunday

28 December 2012 / 22:12:22  
If you walk the streets of Athens during the holidays, you will find that despite the crisis, people shop without restraint. Commercial areas such as Ermou, Monastiraki and Kolonaki are flooded with streams of people who do not wait for the discounts but have embarked on holiday shopping.

December 28th

Over 40 billion euro for bank recapitalization

28 December 2012 / 17:12:20  
The four major Greek banks - National Bank of Greece (NBG), Eurobank, Alpha Bank and Piraeus need a total of 27.5 billion euro to turn the corner of the crisis and continue to operate.

The government outlook for 2013 is too optimistic

27 December 2012 / 22:12:12  
If the measures to support the economic activity such as the privatisation and the attraction of new investments do not yield results I think that we will have a very serious problem next year, comments a local financial analyst for GRReporter.

December 27th

14 people arrested for misappropriation of funds of a non-governmental organization

27 December 2012 / 14:12:51  
According to the data presented by the police, the specific NGO had received donations amounting to 9.5 million euro in the period 2000-2010 and revenues of just 6.5 million euro had been recorded in its accounting books.