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Why Can’t Greece Obtain Tax-Cheat CDs with Data from Swiss Banks?

September 17, 2012 Economy 3

“Because these CDs have been classified as products of industrial espionage by the Swiss banks.” This is what Deputy Finance Minister Giorgos Mavraganis replied to a question posed by members of main opposition party, left-wing SYRIZA. “For the acquisition of such CDs there have been also issued arrest warrants,” Mavraganis …

Greek Health Minister to Ciminalize Unsafe S*x Due to HIV Positive Prostitutes

May 2, 2012 Very Mix 8

Sometimes I have the feeling Greek authorities are drawn inside one spoon full of water. After the arrest of at least 12 HIV-positive prostitutes that exposed an alarming number of brainless customers and the lack of suffiecient state health controls in the dark corridors of “love” for sale, Greek Health Minister Andreas Loverdos …

Guest Post: 2nd Greek Bailout – an Exercise in ComPact StuPIGidty

February 26, 2012 Economy 25

It is commonly accepted: the second bailout for Greece is not about saving Greece (the country) or the Greeks (citizens). It’s all about saving banks, lenders and the eurozone. Recently I asked the Cheshire Cat to write about the two bailouts that will enslave Greeks for the rest of their …

Unemployment Hits New Record 17.5% – 900K Greeks Without Job

December 15, 2011 Economy Comments Off on Unemployment Hits New Record 17.5% – 900K Greeks Without Job

Unemployment in Greece hits the one record after the other as recession and incredible taxes crack down the spine of the country’s economy. According to Greek Statistics Authority unemployment reached 17.7% in the months July, August and September 2011, traditionally the months were unemployment sinks due to seasonal jobs. In comparison, in the same …

Greece: Unemployment hits new record with 16.2%

June 8, 2011 Economy, Uncategorized 1

Each and every month unemployment in Greece hits new records, with the latest report of the Greek Statistics Authority to state that the jobless rate for March climber at 16,2% ! A month earlier, February 2011, the jobless rate was at 15.9% , while a year earlier (Marc 2010) the rate was …

Survey: Greece still gloomiest after one year of bailout

May 4, 2011 Economy Comments Off on Survey: Greece still gloomiest after one year of bailout

Economic sentiment in Greece deteriorated for a second straight month in April, according to a survey showing the country’s consumers remain the most pessimistic in Europe a year after its EU/IMF bailout. Consumer confidence worsened after a three-month improvement as most Greeks cast doubt on recovery prospects and the survey …

Greek Statistics: Dramatic Decrease in Consumption!

March 31, 2011 Economy Comments Off on Greek Statistics: Dramatic Decrease in Consumption!

This seems to be a day with lots of economy news. Bad news. Then the recession is digging deep in our lives. It’s just that the official data confirm our daily experiences. Greek Statistics ELSTAT released data showing a decline at double-digit rates in sales and turnovers in retail trade. …

Greece missed its deficit target for 2010 – but not much :)

March 16, 2011 Economy Comments Off on Greece missed its deficit target for 2010 – but not much :)

The Greek government has narrowly missed its deficit target for 2010, reporting a shortfall of 23.1 billion euros for the year. The figure was announced by the Finance Ministry’s General Accounting Office on Tuesday, compared with the €21.9 billion target included in this year’s state budget. The agency said the …

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