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Archive - Jun 2010

June 16th

Moody's Lowered the Credit Rating of Six Major Greek Banks Again

16 June 2010 / 13:06:11  
The National Bank of Greece, Eurobank Ergasias, General Bank, Emporiki Bank, Alpha Bank and the Agricultural Bank of Greece register a drop in the credit rating according to the report of the international credit rating agency. The leading analyst of Moody's Sarah Carlson shed light on lowering the rating of Greece to the Ba1 category at the beginning of the week.

Chinese Investments Will Refresh the Greek Market

16 June 2010 / 12:06:54  
The visit of the Chinese Vise President Mr. Dedziang in Greece ended with 14 agreements on economic and commercial issues signed.

Pyrrhic Wedding During a Crisis Aboard a Historic Ship

16 June 2010 / 11:06:09  
Wordless is the political and military elite of Greece after the publication of the pictures of the wedding party on board of the legendary ship "Averof".

The Government Began to Pay the Seven Billion Obligations of Hospitals to Suppliers

16 June 2010 / 09:06:59  
The companies accepted the final terms of the government after two weeks of negotiations and the first installment of the obligations will amount to 245 million Euros. It must pay the debts left over from 2005 and 2006.

Тwo of the Clinics for Treatment of Drug Addicts will be Moved from the Center of Athens

16 June 2010 / 08:06:19  
The problem with crime at the center of the Greek capital grows more and more each year and it is based on the drug trade and illegal prostitution. Citizens and organizations agree that the areas around the centers for treatment of drug addicts are the most saturated with crime and are the most dangerous places for the residents and visitors of Athens.

June 15th

Moody’s: It is Quite Possible Greece to Suspend Payments on Its Debt

15 June 2010 / 10:06:52  
The international credit rating agency lowered the credit rating of the Balkan country by 4 points and placed it in the Ba1 category. According to Deutsche Bank Greece will reschedule its debt.

The Government Seeks Fast Money by Privatizing the State Railways

15 June 2010 / 07:06:27  
The government of George Papandreou is looking for a quick profit with the privatization program for the state railways. This is the opinion of the representatives of the Hellenic Federation of Railway Employees, who met with journalists to shed light on the problem of the national railways.