Greek News

Greece oil spill cleanup progressing

September 7th, 2010 at 12:23pm Under Greek News

More than half of the transformer oil spilled by copper thieves in Greece about three weeks ago has been cleaned up. Oil spill at Russell station

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Greece Prepares For the Turk Hordes by James Dunnigan September 6, 2010

September 7th, 2010 at 03:38am Under Greek News

Greece is upgrading twelve of its AH-64A Apache helicopter gunships to the AH-64D Block II standard. Greece currently has 19 AH-64As and 11 AH-64Ds.

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Greece reshuffles government

September 7th, 2010 at 01:49am Under Greek News

Greece’s Socialist govt has made a cabinet reshuffles in a bid to reform its troubled economy.

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Greece reshuffles its government

September 7th, 2010 at 01:06am Under Greek News

GREECE’S Socialist government has retained its finance minister in a Cabinet reshuffle but changed other key officials.

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Greece default risk is ’substantial,’ Pimco man says

September 6th, 2010 at 09:38pm Under Greek News

Greece still faces a “substantial” default risk as insolvency prevents the nation from repaying its debt when its bailout program expires in three years, Pacific Investment Management Co. fund manager Andrew Bosomworth said.

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Greece Sees €4 Billion (2%) In Deposit Outflows In July

September 6th, 2010 at 03:09pm Under Greek News

Outflow troubles continue for the time bomb in Europe’s periphery, Greece, whose second default is approaching. The central bank has just reported that in July household and business deposits declined from €216.5 billion to €212.3 billion: so much for the ECB’s presence inspiring confidence. So €4 billion a month in deposits taken out, and applying a fractional reserve multiplier, means Greek …

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Greece ‘unfit’ for asylum reviews: Swedish court

September 6th, 2010 at 01:10pm Under Greek News

The Migration Court in Malmö has halted the transfer of five asylum seekers to Greece even though EU rules stipulate the applications should be reviewed there.

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Greece Default Risk Is ‘Substantial,’ Pimco’s Bosomworth Says

September 6th, 2010 at 11:24am Under Greek News

Greece still faces a “substantial” default risk as insolvency prevents the nation from repaying its debt when its bailout program expires in three years, Pacific Investment Management Co. fund manager Andrew Bosomworth said.

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Greece incident ends peacefully

September 5th, 2010 at 06:07pm Under Greek News

Residents of a Greece apartment complex had to stay in their homes Saturday after police responded to a call from a suicidal man who had access to weapons.

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Greece apartment complex residents told to stay inside during police investigation

September 5th, 2010 at 01:31pm Under Greek News

Residents at an apartment complex at Calm Lake Circle in Greece were told to stay inside their apartments for about an hour Saturday night…

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