Weather Watch
Vote on our June poll
Loading ...greek economy
Greek Economy Getting into a Deeper Hole
By GEORGE GEORGIOPOULOS | REUTERS | APRIL 24, 2012 Greek GDP to slump 5 pct in 2012. Current account gap to shrink to 7.5 pct of GDP. Inflation seen at 1.2 pct in 2012. Strict adherence to reforms urged. Greece’s economy will contract a deeper than expected 5 percent this year, the country’s central bank chief said on Read full article...
European Bankers Readying to Ransack Greek Treasure
An ‘orderly default’ of Greece means bankers will finally collect what they fraudulently acquired through indebtedness. By Jonathan Sibun UK Telegraph September 12, 2011 Philipp Roesler, Germany’s economy minister, said an “orderly default” for Greece could no longer be ruled out and branded the country’s deficit-reduction measures “insufficient”. The warning is likely to spook financial Read full article...
