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November 14th, 2012

Another two former defence ministers are under investigation for bribery

14 November 2012 / 14:11:36  
Prosecutors have begun investigating the bank accounts of Yiannos Papantoniou from PASOK and Spilios Spiliotopoulos from New Democracy for suspicious transactions for the purchase of military equipment.


November 13th

A hospital has stopped admitting newborns because of an epidemic with three cases of deaths

13 November 2012 / 20:11:59  
The decision was imposed by the deaths of three newborns who died as a result of infection with Klebsiella bacterium.


In an economy that produces nothing, the base salary is zero

13 November 2012 / 20:11:31  
This is the opinion of the Deputy Minister of Development, Notis Mitarachi, who visited the American College of Greece in Athens, Deree, to present the difficulties and obstacles that Greece is facing today to the young students and discuss with them the possibilities for change.


Retired military alarm: the crisis could become a national threat

13 November 2012 / 18:11:47  
During a congress organized by the Association of Staff Officers of National Defence, the implementation of targets set by the government council for foreign policy and defence came under question.


Bulgarian salaries and pensions

13 November 2012 / 18:11:28  
In Greece, the term "Bulgarian salaries" has become a byword for poverty, destitution and misery. Its use has become more frequent especially over the past two years, after the outbreak of the economic crisis.


"Eco-bream" helps prevent heart diseases

13 November 2012 / 14:11:14  
In Greece, 90% of the production of the fisheries sector goes for export. The sector's turnover reaches 650 million euro annually. The trade in fish and seafood is one of the few businesses in the country that has a positive trade balance.


November 12th

Bank shares fall due to recapitalization

12 November 2012 / 20:11:20  
The Greek finance ministry has announced the conditions for the recapitalization of local banks and collapsed the Athens Stock Exchange on Monday. The Ministerial decision issued stipulates that banks must have a capital adequacy ratio (Core Tier 1) of 9%. 6 of the 9% required to achieve the required capital levels will come from the increase in the share capital of banks. It will involve 90% of the Greek Financial Stability Fund and 10% of private shareholders.