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Archive - Dec 28, 2012

Retailers’ turnover doubled on Sunday

28 December 2012 / 22:12:22  
If you walk the streets of Athens during the holidays, you will find that despite the crisis, people shop without restraint. Commercial areas such as Ermou, Monastiraki and Kolonaki are flooded with streams of people who do not wait for the discounts but have embarked on holiday shopping.

Over 40 billion euro for bank recapitalization

28 December 2012 / 17:12:20  
The four major Greek banks - National Bank of Greece (NBG), Eurobank, Alpha Bank and Piraeus need a total of 27.5 billion euro to turn the corner of the crisis and continue to operate.