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Ireland and Greece should ditch euro

07:39 | broj komentara 1 | Daily Telegraph, The Vancouver Sun

The only hope these countries have is to devalue their old currencies to a level that makes them competitive This is what the Spanish prime minister, Jose Zapetero, declared in an interview with the Wall Street Journal as recently as Sept. 22: "I believe that the debt crisis

Albania: Bad loans hit record 13.5%

08:17 | broj komentara 0 | Tirana Times

Bad loans continued growing rapidly even in the third quarter of this year, confirming the severe financial problems businesses and individuals are facing to pay them off and somehow justifying the commercial banks' tougher lending standards since the beginning of 2010.

56% of Greeks fear state bankruptcy

08:21 | broj komentara 0 | BNR

The Greeks are worried about the state of their country’s economy and 56 per cent of them have said they fear Greece may go bankrupt. This has emerged from a survey carried out by Public Issue polling agency.

Bulgarians and Romanians get most expensive loans in EU

08:22 | broj komentara 0 | BNR

Bulgarians and Romanians get the most expensive loans among all EU member states which haven’t adopted the common currency of the union.

Greece: Ruling on memorandum legality

08:24 | broj komentara 0 | ANA

A Council of State (CoS) plenum will convene on Tuesday to hear civil suits brought by trade unions against wage cuts and austerity measures imposed this year by the government.

Samaras:Gov't has stifled market

08:26 | broj komentara 0 | ANA

Samaras said that the PASOK government's economic policy has stifled the market and plunged the country into recession, which evaporates whatever benefit that may have resulted from the salary and pension cuts.

Greece: Bakoyannis founds 'Democratic Alliance' party

08:27 | broj komentara 0 | ANA

Independent MP and former New Democracy (ND) foreign minister Dora Bakoyannis on Sunday formally announced the founding of her new "Democratic Alliance" political party, symbolised with an olive tree and the colors blue and orange, which belongs to the Center of the

World Bank: Romania is the only EU 10 country having seen its economy shrink in Q3

08:29 | broj komentara 0 | Emg.rs

Romania is the only country in the EU 10 - including Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia - that is still in recession in the third quarter of 2010, shows the Economic Report on the EU 10 made public by the

Brasov, first city in Romania using intelligent electrical networks

10:25 | broj komentara 0 | Agerpres

Brasov is the first city in the country where the smart grid pilot project was implemented, in an area located in the center of town, this being an innovative measure to save energy.

Petrom, PF and Hidroelectrica, the most valuable companies in Romania

10:26 | broj komentara 0 | Nine O'Clock

Petrom, Proprietatea Fund and Hidroelectrica are the first three rankers in the 2010 Top 100 Most Valuable Companies in Romania, a chart put together by Ziarul Financiar (ZF) and Capital Partners investment house.

Bulgarian business to scale up investments in 2011

10:29 | broj komentara 0 | Dnevnik

Bulgarian industrial plants expect to register a rise in investments next year for the first time since 2006, according to a survey of the National Statistical Institute (NSI), carried out in October.

New toll station near Thermopylae

10:31 | broj komentara 0 | ANA

A new toll station will begin operating along the Athens-Lamia national highway at the Aghia Triada intersection near Thermopylae as of midnight Monday.

Culture and Tourism Forum held in Thessaloniki

10:33 | broj komentara 0 | ANA

"Culture is Thessaloniki's natural and comparative advantage, and it, together with the people that serve it, will contribute definitively to the city's economic, cultural and tourism development," culture and tourism minister Pavlos Geroulanos said on Sunday.

Corinth Canal shut for two days due to rock fall

10:37 | broj komentara 0 | ANA

The Corinth Canal linking the Gulf of Corinth with the Saronic Gulf will be closed to ships for 48 hours due to the fall of rocks in a landslide on Saturday morning.

Greek authorities find 1.2 million packets contraband cigarettes

10:38 | broj komentara 1 | ANA

The Piraeus coast guard on Saturday reported the discovery of a warehouse containing 2,444 crates of contraband cigarettes, or a total of 1.222 million packets of various brands.


22. November - 28. November 2010.