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Archive - Jan 17, 2012

Head of Thessaloniki TV involved in a corruption scandal for millions

17 January 2012 / 19:01:57  
In a massive police operation, 47 people have been detained, including tax and bank employees, lawyers, journalists and a policeman. The system of four criminal groups engaged in money laundering, fraud, extortion and usury has been broken.
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JP Morgan: Buy luxury properties borrowing from Greek banks. The drachma is coming

17 January 2012 / 18:01:42  
The bank sees the final default of Greece as a logical solution to today's debt crisis, which is only worsening rather than being solved. Investors will make a double profit from the low prices and the devaluation of the new currency, which will make loans cheaper.
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Wounded policeman on Syntagma, his weapon stolen

17 January 2012 / 16:01:59  
Besides the incident with the police officer in civilian clothes the meeting was peaceful and had fairly low participation.
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Police are searching for a particular thief for the robbery in the National Gallery

17 January 2012 / 16:01:17  
Authorities believe that the 58-year-old robber - "art lover" stole the paintings by Picasso, Mondrian and Moncalvo because of his extensive experience in similar thefts and similarities in the way of operation during the robberies.
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Negotiations with private creditors may not resume tomorrow

17 January 2012 / 14:01:27  
Greek industrialists urge the government to act boldly and immediately, economists see two options for Athens - either to drastically reduce the purchasing power of the Greeks, or to obtain its own currency and to devalue it dramatically.
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