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E.Tsiliopoulos

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Bad Debts Hit New Highs

Unserviced housing loans have risen to an unprecedented 75%, according to a survey by the Working Consumer Association of the General Confederation of Workers GSEE.

NY Times Blasts BoG Governor

The governor of the Bank of Greece, Georgios Provopoulos, is being scrutinized in an article in yesterday's New York Times for "an investigation into whether he abused his position by clearing a banking deal involving his former employer and a business magnate who was subsequently charged with embezzlement and fraud."