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Archive - Jul 27, 2012

Piraeus took over the healthy part of ATEbank

27 July 2012 / 23:07:27  
After the merger, the total assets of Piraeus bank amount to 75 billion, deposits are 35 billion. It has a presence in nine countries with 17,000 employees in the corporate group, as well as 1,230 branches.

Drassi did not enter the Parliament, but gained popularity

27 July 2012 / 22:07:33  
A wider centrist political space has to be created. We do not find sense in the existence of a small party, which says the right things, but doesn't participate in the government. We either need to participate in the government or to be in the opposition, but with concrete proposals, said Drassi's chairman, Antypas Karipoglоu, in an interview with Anastasia Balezdrova.

The strike in Greek Steelworks SA is fizzling out

27 July 2012 / 19:07:23  
Greek Steelworks SA is already operating with a reduced staff of 100 people. They are working in four shifts of 25 people who are preparing the plant to operate at 100%.

Nobel Prize winner proposes a new, more massive cut in Greek debt

27 July 2012 / 18:07:47  
The condition for it is a zero budget deficit, says Columbia University's Professor Robert Mundell, who said that the chances of Greece leaving the eurozone, are less than 25 per cent

Corruption in public administration is deepening

27 July 2012 / 16:07:01  
Chaos and corruption reign all around the Greek public sector, according to a report of the Public Administration Inspector General Leandros Rakidzis. The most common offences are related to bribery and malpractice. The main characters are mostly civil servants or senior tax inspectors with many years of experience.