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Daily Archives: April 13, 2011

(UPD)Tax-man disappears with €2 million from the Tax Office

UPDATE: Two days later, the taxman was detected in the state psychiatric hospital of Dafni. He had gone there after he was informed that his bank accounts were frozen. Probably couldn’t cope with his own failure to make the big deal and go unnoticed. Now justice is after him for …

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Piraeus: Shipyard Workers Turn Over Police Car (video)

One should never provoke a jobless shipyard worker. The guys are tough, do tough work and have tough  muscles. This is the reality with which policemen had to be confronted early Wednesday in Greece – precisely in Perama district of Piraeus, an area known to host lots of tough guys since… ever. The …

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Greece: Shops Working Hours – Eastern Time, Apr 14-25

Eastern time in Greece is a challenge for godmothers and -father then they are expected to give presents to their godchildren. When I was a child the standard presents, Eastern in, Eastern out were a red candle with a ribbon for the Resurrection night, a big chocolate egg or bunny …

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S&P: 1-in-3 Boring Chances for Greece’s Boring Debt Restructuring – YAWN!

The whole issue of Greece’s Debt Restructureis getting incredible boring. Day in, day out there is also somebody somewhere saying something on the issue with one single purpose: to let spreads go up and down and make money. As my stakes portofolio is modest and I don’t participate in such speculative actions, …

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Greece CAA: All flights as usual over Eastern Holidays

All flights from and to Greece will operate as usual after an Athens court declared the planned CAA strike as ‘illegal’. Labor union of Civil Aviation Authority employees had earlier announced to launch indefinite work stoppages after April 15, 2011 and protest due payments of overtime work. Fasten your seat belts …

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Greek Tricks in Labor Market: Option for Civil Servants to Work in Private Sector?

Greek government is considering to give some employment options to civil servants and thus at the expenses of private sector employees. Daily TA NEA reports that civil servants will be given the incentive for an unpaid leave and employment in the private sector. The civil servant will be granted the …

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IMF Times:The End of Greek Social State

Greece may have never been a social state as some Scandinavian countries but at least in the recent years some social benefits were functioning, nonetheless due to EU funding. Now the EU membership and the Euro participation turn into boomerang and the end of the social state is here. While …

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