German media group RTL will withdraw from the Greek market by mid 2012. Expectations are that it will sell its majority stake in Alpha TV to its former owner Dimitris Kondominas, who in turn will make a turn towards more journalism programmes.

The third meeteng between the strikers in the "Hellenic Steel Company" SA, its management and the representatives of the Ministry of Labour turned out fruitless. The management wants to reduce wages, workers refuse to agree.

Proposals of the employers are for the collective agreements to be suspended for at least three years as well as the increases according to them. Some of the employers even insist on reducing the statutory minimum wage by 20%.

Finance Minister Evangelos Venizelos called for the resignation of the defendant Yannis Kapeleris, who is suspected of an attempt for illegal remission of fines for fuel smuggling worth 15 million euro.

All last chances of Greece will run out by the end of March of this year concluded some of the most senior financiers in the country.

New Democracy, which got only 21.4% of the votes is preferred, PASOK is second with 12.6% and only 3% separate it from the Communist Party of Greece

The basic price index ended with heavy losses, reaching its lowest levels in the past 19 years, while the index with the highest capitalization FTSE 20 and the banking index recorded a new historical low.