Статьи, помеченные тэгом ‘George Papandreou’

Greece is buried in the local problems of the economy

Saturday, June 12th, 2010

Prime Minister of Greece George Papandreou said Friday the country is experiencing shortage of competitiveness. “We inherited a horrible mess in the fiscal sector. Mismanaging Greek Economy” – he said. According to the Prime Minister, at the moment the goal is to reduce the budget deficit to below 3% of GDP by 2014.


Greece is trying to avoid default

Sunday, May 23rd, 2010

Prime Minister of Greece George Papandreou ruled out the possibility of default on public debt and the restructuring of these debts. “We do not need defaulted on payments or restructuring – Papandreou said in an interview published Sunday in the Spanish newspaper El Pais. – We have decided not to do so. We decided to pay for loans, which was asked.”


Forecast exchange rate euro / dollar against the general stagnation

Monday, May 17th, 2010

Exchange rate euro continues its’ falling. At the auction on Friday, the correction in global stock markets only deepened. In spite of good statistical data on the April retail sales (0.4%), Industrial Production (0.8%) and pre-computed on May consumer confidence index from the University of Michigan (73.3 points), the main U.S. indexes left by the end of day in a minus on 1,5-2%.