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Daily Archives: November 29, 2012

Citigroup: Greece probably to leave eurozone next year

Three eurozone nations will have to restructure their government debt next year, and Greece will probably exit the eurozone, Citigroup predicts. Italy, Spain and Greece will need debt restructures next year, Michael Saunders, Citigroup’s chief European economist believes. The same forecast is true of Ireland, Portugal, Cyprus and Slovenia by …

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Thessaloniki: Court acquits municipality workers, teacher over German consul attack

Dozens of unionists cheered the court announcement acquitting two municipality workers and one teacher over an incident against the German Consul  Wolfgang Hoelsche-Obermaier, two weeks ago. The German Consul in Greece became target of angry municipality workers who had harassed and insulted and hurled coffee and water bottles at him. The three men were …

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