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Daily Archives: November 25, 2010

EFSF-Chief admits Germany makes profit from bailout to Greece

The masks have fallen and megalomania knows no shame. Klaus Regling, Chief of  multi-billion heavy “European Financial Stability Facility” (EFSF) admits that Germany makes profit out of the bailout to Greece. In an interview to German newspaper  BILD-Zeitung German Klaus Regling says it out loud that bailout to Greece does not …

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Group claims rensposibility over parcel bombs

Radical group “Conspiracy of Cells of Fire” claimed responsibility for the 14 parcel bombs sent to several European leaders and institutions as well to several  foreign embassies in Athens by sending a letter to a Greek website. Books and folders containing explosive devices were sent per courier to German Chancellor …

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Greek Banks: Difficult times for mergers…

Summer scenarios and plans for mergers in the Greek banking sector seems to have fallen in winter sleep, due to the latest economic developments and the possibility of extension of the loan repayment period and the upcoming stress tests in December. A friend of mine working at one of the …

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Athens sings the song of protest (upd)

Trade unions of public (ADEDY)  and private (GSEE) sector are gathering in downtown Athens to protest the harsh austerity measures. Public services will be halted and public transportation like blue buses, metro, tram and urban trains will remain in the depots generally 12:00-16:00 (more details here).  Traffic in Athens downtown is …

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