Unemployment in Greece? I don't think the unemployment in Greece is that much higher than in the past. Many Greeks used to have a salary for doing almost nothing. Huge inefficient state employment and incompetent businesses that survived by cheating on taxes. Now this reality became visible.
Corruption? I was there several times last year. Haven't seen VAT receipts, except in their hotels.
Look, when Mr. Reagan and Mr. Gorbachov negotiated the end of the cold war, there was an agreement that NATO would not expand it's military presence and activities in the ex-USSR satellite states. A very fair and understandable deal.
However, some war makers like the Bush clan, people like Mr. Passy and huge military corporate interests have not respected this agreement at all.
These idiots - who are not at all elected by the European People - want to put Moscow in the Cuba 1963 situation.
They need to be stopped, they better concentrate on GSM adapters.
advice BB on the fight against corruption? Is this a joke? I am quiet sure this Godfather is the specialist himself; He does not need any advice.
It's about time. I think the EU paid already 3 times for this connection to Istanbul. Millions have been stolen...
I think that most EU countries have the same law.
TomV, let me explain you;
These assets are mainly long term bonds, issued by governments. Bonds? eg: a government needs money for it's infrastructure. They issue a 100 M bond over 10 years with 2% interest. You as a citizen can contribute eg 10 000 EUR. After 10 years you will get your 10 000 back, and annually you will receive 200 EUR interests.
Many of these bonds end up with citizens, however, the biggest part is bought by banks, who use part of their clients deposits to buy these bonds. They see this as a sure investment.
There is also a trade in these bonds. eg: you decide to use your 10 000 for something else, well then you can decide to sell your bond, and you will find a buyer on the financial markets (your bank will help you with this). These bonds have a daily value. If your bond was issued by the Greek government, your buyer will pay less than 10 000 because of the risk that Greece goes bankrupt and that the 10 000 will never be reimbursed. On the contrary, if your bond is attractive (2% can be attractive if the current interest rates are lower), your buyer will pay more.
The ECB has now a plan to bring more money in the EC economy. 1000 B EURO! The reason to do this is to improve the economy: they want the buying power to go up, they want to strengthen the businesses, they want to increase the export to non-EURO countries, they want a moderate inflation instead of deflation
The simplest way would be to say: look we are 350 million EURO citizens, we will print the money and we give everybody a present of 2857 EURO. this may temporary boost the consumption, but it will not lead to the expected results.
The "friends" that will build the fence already booked their holidays on the Seychelles. Nazdrave! If the laws don't suit us, we change them! That simple in Bulgaria!
Probably all Macedonians already have a BG passport. That's why...
With all these political U turns, the trains risk to drive in the wrong direction...
50% more Chinese Tourists in Bulgaria
Potentially Defective Aluminum was used by All Car Manufacturers in Japan