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Archive - Mar 9, 2012

live Fitch announced the Restricted Default of Greece

09 March 2012 / 22:03:54  
The International Association of swaps and derivatives has to make a decision whether the exchange of the Greek debt will be considered a credit event or not and whether the market for insurances on the Greek bonds CDS will be activated.

Rented parking lots in Athens remain expensive and highly demanded

09 March 2012 / 19:03:10  
While the government reduces salaries, pensions and unemployment exceeds one million people, the price of parking in Athens has remained consistently high despite the crisis.

A murder in broad daylight

09 March 2012 / 17:03:56  
A man, whose identity has not been reported was shot at 11.30 today on Parnitha Avenue in the neighbourhood of Aharnes

live Voluntary participation of private creditors in the Greek PSI has reached 85.8

09 March 2012 / 10:03:44  
85.8 is the voluntary participation of private creditors in the Greek PSI, according to the initial data of the Ministry of Finance. Greece is ready to trigger the collective action clauses, and thus the percentage of voluntary participation of private creditors will reach 95.7 percent.

The military were ready for action during the big night of vandalizing in Athens

09 March 2012 / 06:03:02  
On the night of 12 February the Greek army was ready to take control of the situation in the centre of Athens, when lawmakers voted in parliament for the new memorandum of economic aid, while outside hooded youths were breaking and burning.

Politicians and the Church against the construction of crematories

09 March 2012 / 01:03:21  
A few days ago the municipal council of Markopoulo decided to challenge its unanimous decision from several months ago and declared against the construction of a crematory within the municipality.