The Athens News Agency reported on Friday that for the first 6 months of 2010 the Greek government reduced their annual budget deficit by 39.7%.  That’s right nearly 40% less deficit than in 2009.

In other words, since revenues are up and expenses are down, Greece only spent 12.10 billion Euro more than they had coming in versus 20.05 billion Euro for the same period last year.

Everyone here is very curious about what will happen as the tourism season ends in September.  Uncertainty is always bad for business and we have a very uncertain future on the Greek islands at this time.  Stay tuned.


I just realised that I have not taken many photos this summer.  We are not doing or seeing anything that is different, I am afraid.

This is a different view of Club Med 2 that visits Aliki about three times per year.



At September 27, 2010 9:43 PM Anonymous said...

Good to know as it is my favorite oil!


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