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Archive - 2012

December 7th

Undeclared work in Greece is 30%

07 December 2012 / 20:12:46  
Unemployment reached 26% in September and one in two young people remain outside the labour market.


Municipal officials declare before Christmas war on the central government

07 December 2012 / 15:12:24  
After the blockade of the department of officials in the municipality of the capital city that lasted for weeks, 1,800 mayoral workers in Athens were left without pay in November. The strike actions have returned like a boomerang and hit everyone.


Clashes and tear gas in Exarcheia

07 December 2012 / 00:12:28  
On the fourth anniversary of the murder of Alexandros Grigoropoulos, aged 15, the protesting youths failed to even get close to Syntagma Square, which had become an impregnable fortress of hundreds of policemen.


Banks split on their involvement in the buyback

07 December 2012 / 00:12:45  
At an average buyback price of 35 cents per euro debt, banks are expected to lose approximately 20 billion euro. They will have to receive almost the same amount from the European aid programme by the middle of December.


December 6th

Eco culture from an early age

06 December 2012 / 18:12:32  
Cleaning the coastline, care for the maintenance of biodiversity and culture of environmental protection become an essential part of the educational system in Greece.


Athens airport opens to the Asian market

06 December 2012 / 17:12:17  
The management of "Eleftherios Venizelos" expects an increase in the flights during the summer season and pays special attention to the agreement recently signed with Qatar Airways.


Standard & Poor's has again lowered the ratings of Greece to selective default

06 December 2012 / 11:12:48  
The credit rating agency explains its decision with the negotiations between Greece and its lenders, who have proposed a reduction of the Greek debt and agreed with the triggering of its buyback procedures.