Up to 100 billion euro rescue package for the Irish, according to Spiegel

Euro is not at risk despite the financial crisis in Ireland, "said German Economy Minister, Rainer Bruederle, stressing, however, that economic aid must be accompanied by reforms in the countries receiving it.

"With the euro rescue plan, we have an effective tool to guarantee the stability of monetary union. The situation is analyzed every day "in an interview with the weekly magazine Focus that will be released Monday.

"We can not compare the current crisis in Ireland with that of spring," he added.

On the side of the head of the Foreign Office, William Cheigk, hoped to avoid collapse of the euro, adding: "Who knows?

UBS: H Greece will bankrupt 100%

Τhe estimates of the specific market they want Greece to be driven into bankruptcy are back again. Certainly, the policy stance towards the EU "Greek problem" with the rescue scenarios to compensate these non-rescue weighs more climate-back interest in the market CDS spreads and retains the Greek bonds strongly high.

Can Fitch today downgraded to Portugal, but the first reaction of the bond market in the country, far from panic show. Portuguese spreads, instead of being ejected, dropped immediately after the news of Fitch, even a little later began to record escalation.

What happens in case of of Greece's bankruptcy

A country terring no significant difference in business. Has income and expenses. Revenue is what collects from its citizens, or tourism. The money coming into funds of the state through the taxation authorities, the traffic etc etc etc ... a percentage of what is commonly called "GDP". Expenses now is money to be spent for the performance of public works for education, health care, defense spending, etc etc etc ... what we call "State Budget".

There is no Greek foreign ministry

Greek foreign ministry is not present at all. Albanian aked to be the official language of western Macedonia and Epirus! Dance of the challenges in Greece seems to have no ending. After we changed to a country under occupation (currently economic, but there is also "future "...), since we lost half of Aegean air (as declared by the Minister of Defence Mr. Venizelos), since Tayyip Erdogan twenty days will visit our country with 10 ministers to discuss (no one knows the real agenda of the talks, while the large group of attendants, ministers brings to mind dangerous thoughts about the geographical integrity of Greece), appeared (again) the. .. favorite (of the IMF's proconsul George Papandreou) Albanians, who have now opened the expansionist ambitions against the sovereignty of the country.

Israel provides technology to Greece

New era in relations between the two countries.
A new period in relations between Greece - Israel, which can be mutually beneficial for both countries and contribute to stability in the region, looks to be built next year, the Secretary of Defense of Israel by Matan Vilnai .Mr. Vilnai met in Athens with the political leadership of the ministries of Defense and Civil Protection and discussed prospects for cooperation in these areas, and was accompanied by representatives of Israeli defense industries sector, which discussed the possibilities of undertaking projects jointly with the Greek defense industry.

Discuss the new NATO doctrine

At the NATO summit, which meets today and tomorrow in Lisbon, involved Prime Minister George Papandreou.

    The focus of the Summit is the new strategic doctrine of the Alliance. After 11 years, the 28 leaders review the strategic doctrine and determine its new "vision" for the next decade, with particular emphasis on its relationship with its strategic partners: Russia, China, India and Japan.

    The leaders of NATO countries are expected to decide also the withdrawal by 2014 most of the troops from Afghanistan and installing anti-missile system in Europe.

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