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Showing posts with label debt buyback. Show all posts
Showing posts with label debt buyback. Show all posts

Friday, 11 January 2013

Journalists targeted in Greece bombings

Homemade bombs have exploded at the homes of five journalists from major media outlets in Athens. Police are linking the attacks to the current economic crisis in the country and the way the mainstream media have reported it.
The devices, made of gas canisters, exploded outside residences in different areas of Athens. The explosions caused minor damage to the buildings’ entrances, but no one was injured.

Sunday, 23 December 2012

Mere cash injection may not be enough


By Dimitris Kontogiannis
The Greek government has invested a lot in the long-awaited bailout tranches to cope with the developing credit crunch and bring the economy to the stabilization phase late next year. However, a closer look at the figures indicates the positive impact may be less than hoped for, and therefore the risk of disappointment on the back of fostering high expectations should not be ignored or underestimated.

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