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Archive - Jan 2011

January 19th

300 million euros drained through a social security funds scheme

19 January 2011 / 14:01:20  
The scheme has been based on the opening of phantom or real companies that have declared nonexistent workforce. the Labour Inspectorate data show that 500,000 people at least are working in the black.

Greek with a bottle of Shumensko beer in hand develops organic farming in Kotel

19 January 2011 / 12:01:34  
The main character in this story is Anastasios Brakatsoulas. He is a young lawyer graduated in London. He believes in the opportunities to develop successful business in Bulgaria and intends to act exactly in this direction.

January 18th

Interest rate of 4.1% for quarterly government bonds

18 January 2011 / 15:01:28  
The interest rate disappointed local economic analysts that hoped its value to remain bellow the psychological barrier of 4%, Fitch is also disappointed and lowered the credit rating of five major banks.

"Blue" and "green" names in the report on the Siemens scandal, changes in the law on ministerial responsibility are expected

18 January 2011 / 12:01:27  
Control parliamentary committee judgements on the Siemens case are expected at the end of the week. The report of more than 1000 pages will be divided into chapters presenting the different sides of the scandal. It will contain proposals to no repetition of such cases and will disclose the names of politicians involved.

Duty free petrol stations restoring made the sector angry

18 January 2011 / 11:01:08  
The government unexpectedly announced the last week that it intends to allow duty free petrol stations in the border areas of Kakavia, Evro and Evzoni to resume work after they had been closed for five years. The owners of petrol stations in these regions reacted strongly and threatened to block border exits to Turkey, Macedonia and Albania if the Ministry implements its intentions.

The Greek police "muzzled" after making the blunder with the terrorists from RAF

18 January 2011 / 10:01:45  
The Minister of Citizen Protection Cristos Papoutsis prohibited all police services to transfer information before the completion of campaigns and investigations and collating data. The ban followed the police press service blunder of naming the mother of the 27 year-old German girl captured last Friday a member of RAF.

Tension and protests at the beginning of the Conspiracy of Fire Nuclei trial

17 January 2011 / 22:01:59  
The trial against the 13 members of the terrorist organization Conspiracy of Fire Nuclei started today in a hall located in the courtyard of the female prison in the Athens suburb of Korydallos and especially arranged for this purpose.