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Archive - Feb 2011

February 13th

Information regarding the starving immigrants was refused

13 February 2011 / 09:02:07  
Nineteenth day of the homeless immigrants hunger strike, who want political asylum in Greece. After the fiasco with their removal from the Law Department building of the University of Athens, where the 253 immigrants had settled, came second drama.


The state invests another €30bln in the banking system

13 February 2011 / 07:02:11  
The local government runs additional state guarantees worth €30 billion euros for local banks. The first support package of €28 billion was issued by the management of New Democracy after the outbreak of financial crisis in 2008.


In the second half of February starts the peak of the mass disobedience

12 February 2011 / 23:02:27  
For everybody is relevant the subject of trust and support. If this subject is in some way brought up in your life, do not pass it by.


February 12th

Papandreou snapped at the Troika

12 February 2011 / 19:02:01  
As early as today the Prime Minister George Papandreou is expected to send a protest note to the International Monetary Fund, the European Commission and the European Central Bank as a protest against the "behavior" of their representatives during yesterday's press conference held in Athens.


Dissension and questionable interests in the ranks of the kiosk owners

12 February 2011 / 16:02:56  
The tax increases and the economic crisis locked down many of the kiosks in Greece. Their owners want to be provided by law with a profit of 8% as the minimum for their survival, otherwise they threaten with strikes.


Tireless farmers and drivers will go on strike again, doctors gave up

12 February 2011 / 14:02:15  
Nothing can convince the Greek unions that the reforms in the public administration, public transport, health care or any other problematic sector of the economy have to be carried out. At this stage strikes seem to be endless.


Greek economy is like a Mercedes clogged with oils that cannot run with more than 20 kilometers an hour

12 February 2011 / 12:02:12  
The new EU requirements for stricter rules for capitalization and liquidity of the banks known as the Basel Committee 3 will lead to a slower credit growth, said the manager of the Bank of Greece Giorgos Provopoulos. He stressed that the new rules will encourage banks to rely more on the accumulation of deposits to make them financially more sustainable.