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Archive - Dec 10, 2012

Switzerland will not submit the details of Greek account holders in local banks

10 December 2012 / 23:12:34  
Swiss authorities are refusing to cancel the ban on the disclosure of details of account holders. The negotiations about the agreement on the taxation of 50 billion euro of Greek citizens are going slowly.

Bankers are the new unemployed in Greece

10 December 2012 / 22:12:45  
Construction, production and car trade are among the sectors with the highest unemployment rate as well. The trend that has emerged in recent years is that the best specialists at the middle age of 45 remain outside the labour market.

The European Union should be reorganized with or without the Nobel Peace Prize

10 December 2012 / 19:12:38  
Awarding the prize to the European Union was an act of recognition and encouragement, but it cannot solve the internal structural and political problems, analysts told GRReporter.

Greece fails to collect enough bids for the debt buyback

10 December 2012 / 14:12:38  
The Public Debt Management Agency has collected bids for 26-27 billion euro which is 4-5 billion less than the target of 31 billion. The deadline was officially extended by 24 hours, but a further extension is expected unofficially. Despite the apparent failure to reach the target of the buyback in time, government sources insist that the process is successful.