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Daily Archives: May 29, 2013

OECD – Bank of Greece: conflicting predictions on recession & unemployment

There must be something rotten in the economic reports, predictions and forecasts concerning Greece. While locals, like the Bank of Greece see “light at the end of the tunnel”, internationals like the OECD seem to see that this light belongs to a train… The Organization for Economic Cooperation and development …

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Bank of Greece report: economy rebalancing, but 28% unemployment for 2013

Greece is moving forward. Like a wild horse in the prairie, the debt-ridden country is galloping towards economic recovery and prosperity for all. If only there were not the grimy numbers predicting that the wild cart called Greece has still long way to go, as week by week, the economic …

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Channel 4: Immigrants’ brigades Black Panthers warn Golden Dawn

Increasingly exposed to racist attacks, immigrants in Athens have allegedly organized themselves to fight back and defend themselves. They have reportedly set up their own brigades and patrol in the streets of Athens mostly at night.  They call themselves “Black Panthers”, a name adopted from the Afro-American movement of USA …

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Eurogroup head Dijsselbloem in Athens, May 31/2013

Head of Eurogroup Jeroen Dijsselbloem is due to Athens on upcoming Friday, May 31st, just days before the representatives of Greece’s lenders -the Troika – will come for the regular fiscal inspection. Dijsselbloem will meet with prime minister Antonis Samaras and finance minister Yiannis Stournaras. A press conference will follow. …

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