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October 12th, 2011

ABN AMRO Bank warns the euro zone not to expect rose-coloured 2012

12 October 2011 / 15:10:28  
All Greek ports will remain blocked on October 17 and 18 this year while shipping entrepreneurs are struggling for survival.


The 50-per cent haircut to shake the insurance market

12 October 2011 / 13:10:35  
Around € 800 million would be the damages from the possible cuts in Greek securities, however, the shock in the insurance companies will be weaker than in the banks.


Call to Arab businessmen to invest in Greece

11 October 2011 / 22:10:02  
Exports of Greek goods to the countries of North Africa in the first half of 2011 increased despite the serious political turmoil there.


October 11th

Unnecessary panic in Greece due to the Hellenic Petroleum employees’ strike

11 October 2011 / 20:10:31  
"People do not have to queue up because Athens will not run dry of petrol," said the President of the union of petrol stations owners, Michalis Kiuosis, and three hours later, unionists stopped the protests.


Greek deputies turned the Parliament into an arena

11 October 2011 / 18:10:30  
PASOK and New Democracy representatives exchanged offences and threats of beating were heard in the hall.


Fate of the sixth tranche to be decided in early November

11 October 2011 / 16:10:20  
The Troika has given the Greek government 40 days to vote on the draft budget for 2012 on first reading, to enact and implement the labour reserve, the unified payroll table and all agreed terms and conditions before payment of the eight billion euros, which had to be in the treasury still in September.


Greek deficit sustainable reduction becomes "Mission Impossible"

11 October 2011 / 13:10:02  
The new findings of the supervisory Troika comprising the International Monetary Fund, the European Central Bank and the European Commission are that the Greek budget deficit would be at least 9.1% of GDP. Two months and a half remain and this could prove incorrect again.