Cold: very high power consumption - February 7, 2012

 

The intense cold wave now raging in France put the electricity infrastructure under strain: Monday evening, 19 hours, consumption has risen to 96,300 megawatts (MW). Near the high of 96,710 MW-which consumption of 15 December 2010.

The transport network has responded effectively to the accelerating demand for energy. Monday afternoon, RTE, a subsidiary of EDF responsible for lines and very high voltage, did not display a particular concern. But vigilance was maximum in the image of the orange alert decreed in Britain and red Paca.

In both regions traditionally sensitive in winter, it is encouraging incentive to conserve water, otherwise proceed to "load shedding", that is to say, targeted cuts. Both alerts are very likely to be renewed on Tuesday. Monday, several communities in the Alpes-Maritimes announced the establishment-or-building measures to reduce consumption, particularly regarding public lighting.

Nuclear at full

In exceptional circumstances at the highest consumption, Great Britain took the first position in terms of French imports of electricity. Of the 6500 MW purchased yesterday 2000 from the United Kingdom, against 1800 MW in Germany payday loan lenders. A first.

Although the EDF nuclear power plants running near capacity of 58 -55 reactors currently operating-, France regularly imports of electricity in winter. Sudden changes in consumption do indeed require the means of production "spike" (hydro, coal, gas, renewable …) while the nuclear provides the "base".

Along with electricity, gas consumption is also found under pressure, due to lower deliveries of Russian gas. Last week, the stocking of gas in France had risen very sensitive. Asked Monday night, GDF Suez noted a slight improvement, however: about 80% of Gazprom's supplies were provided in earlier this week. For its part, the European Commission referred to a normal situation with the Russian giant.

In Italy, however, concern remains high. The oil company ENI could cut gas supplies to some of its corporate customers starting Thursday. On the government side transalpine situation is called "serious".

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Nikkei up, confident in the euro area - October 24, 2011

After finishing the week on his guard, down 0.04% to 8,678.89 points last Friday, the index of the Tokyo Stock Exchange is in pressed green area on Monday, gaining 1.69% just prior to closing. The markets reacted positively after the summit in the euro area this weekend, to put an end to the debt crisis. Meeting in Brussels, Nicolas Sarkozy and Angela Merkel Sunday near their positions on the fateful question of European bailout fund and its clout in the marketplace. However, on request of Germany, the final decision will be taken until the night of Wednesday to Thursday, after another conclave of crisis.

Other Asian markets followed the upward trend in the Nikkei.The Hang Seng index of Hong Kong Stock Exchange rose 3.92% to 18,731.70 points, the CSI 300 Shanghai 0.66% to 2524.45 points, the Kospi index in Shanghai 2.86% to 1891 points, the BSE Sensex 30 in Mumbai 1.76% to 17,080.30 points the FTSE Straits Times of Singapore 1.95% to 2765.21 points and the S & P / ASX 200 Index 2.65% 4251.80 points Sydney.

Considering the situation "very complex", Nicolas Sarkozy has sought reassurance "negotiations progress on the issue of banks on the issue of Greece, things are progressing," he said. Selun President of the Republic, "a broad agreement is emerging on strengthening the EFSF." For its part, Angela Merkel added that the proposed model does not imply the ECB, as advocated by France.Clearly, the European bailout fund (EFSF) leverage its resources, but no new States' contribution of the euro, or use means unlimited in principle of the ECB. With leverage, the EFSF-today with $ 440 billion, and could see his strike force raised in 1000 or € 1500 billion.

The euro against the dollar stable

In addition, the euro area is considering creating a special fund that could be echoed by emerging countries to stem the debt crisis payday loans. China has expressed particular the possibility of financial support.Still, this idea is controversial, some states are reluctant to explicitly request the help of Beijing, according to diplomatic sources cited by AFP.

Until particularly critical of the slow pace until the EU to manage the crisis, the IMF, through its Executive Director Christine Lagarde, immediately praised the "very good progress" on Sunday. "It was really an effective meeting, and I hope it is really in the right direction for Wednesday," she insisted.

In addition, manufacturing activity in China rebounded in October after three successive months of contraction, according to preliminary PMI HSBC on Monday.The PMI purchasing managers calculated by the Bank rose to 51.1 in October, against 49.9 in September.

The hope of ending the crisis in Europe supports banking stocks

As a result of signals in the euro zone considered good, banking stocks rose. In Japan, Nomura Holdings gained 2.47% to 291 yen. While in Australia, Commonwealth Bank of Australia rose by 2.69% to 48.83 yen.

Also note that the Renault-Nissan hopes to sell 1.5 million electric cars in the world within five years, said Nissan (0.58% at 696 yen to the Tokyo Stock Exchange) on Monday in the part of a respect for the environment.

Oil prices were up in early trade Monday morning in Asia in electronic trading in the morning, a barrel of "light sweet crude" for December delivery gained 8 cents to 87.48 dollars on the New York Mercantile Exchange .Hand currency, the euro is stable against the dollar on Monday, the single currency displayed in the balance dollars 1.389 (-0.02%).

France-Soir, a newspaper who wrote the history of the press - October 15, 2011

Click on the thumbnail to enlarge the graphic.

Few newspapers have a history as brilliant and desperate that France-Soir. A heroic birth, with the brilliant Pierre Lazareff transforms, at the end of the war, a newspaper born in the underground resistance, Defence of France, in large tabloid. Shattering debut, with prints that quickly reach over a million copies. Illuminated by a succession of prestigious feathers. A slow but inexorable fall, punctuated by numerous changes in ownership.

France-Soir has become the first French daily Liberation from. Acquired by Hachette in 1949, the newspaper saw its heyday in the 1950s and 1960s. He crossed the bar of a million copies in 1953-1954, while France mired in the wars of decolonization in Indochina first, then to Algeria.The French go to the front and France-Soir draws more than 1.5 million copies. A banner on the front proclaims: "The only daily selling over a million copies."

By dint of scoops of hard-hitting headlines and large photographs, France-Soir is a reference. "Pick the world in a day and throw it to the men every morning," the newspaper endorsed this definition of journalism by Joseph Kessel, who covered the trial of Petain and Nuremberg. The anthology pieces by Lucien Bodard, Françoise Giroud, Jean Philippe Labro Ferniot or alongside the venomous "Gossip gossip of" Carmen Tessier, the soap with rose Angélique, marquise of angels and the "facts div" sordid as the Dominici affair. The cocktail is perfect.

At the height of his fame, France-Soir is working out up to 400 journalists and eight editions per day.Sales over two million copies in November 1963, after the death of John F cheap pay day loans. Kennedy and after the November 1970 General de Gaulle.

The tide is turning in the 1970s. When Lazareff died in 1972, the daily press is beginning to be shaken up by radio and television. The editorial line is less clear. Like its competitors, France-Soir tabloid to balance between the Anglo-American general and the newspaper. Frequent changes of shareholders from that time do not help matters. The "avid reader" Robert Hersant, which then has to Le Figaro, took control of France-Soir in 1976. First bleed to the editor that loses 80 of 200 journalists … But in 1983, the distribution still falls to 400,000 copies.

Following is a series of stimulus packages and restructuring.Between 1982 and 2004, eleven editors will succeed at the bedside. In 1998, Yves de Chaisemartin, who told Robert Hersant the keys to Socpresse, the paper goes tabloid significantly lowering the selling price. But the title is seriously deficient. It changed hands in 1999, 2000 and 2002. Philippe Bouvard, who has officiated in the newspaper between 1973 and 1989, then back at the helm. France-Soir +, refocused on television and sport, does not return to its glorious past.

Bloodless, without cap, France-Soir is placed in receivership in late 2005. The following year, the newspaper was bought by the developer Jean-Pierre Brunois. Journalists on strike brandishing leaflets "Bal tragic in court: 80 dead." Inspiration always comes from English tabloids. But the newspaper has lost the recipe for success.The two stimulus packages Alexander Pugachev, who acquired the newspaper in 2009, failed to reverse the trend.

The Asian market takes hope - October 11, 2011

Asian stock markets on Tuesday were in turn carried by the optimism that won the scholarships in Europe and the United States yesterday. The promise, made Sunday in Berlin speaks French President Nicolas Sarkozy and German Chancellor Angela Merkel, are bearing fruit. Hopeful, investors await the answers to the debt crisis in the euro area are expected before early November. They also expect to learn more about the plan to recapitalize weak banks in the region.

Meanwhile, the Japanese Nikkei sets the tone. At the end, he won 1.95% to 8773.68 points. The Topix, broader, took 1.81% to 755 points. The Tokyo Stock Exchange was closed yesterday because of a holiday and had not yet responded to the ads of the Franco-German. The Nikkei is notably supported by exporters who find the values ​​of the force with the weaker yen against the euro.The single currency is changing around 104.50 yen this morning, well above its record low in a decade reached on October 4, at 100.76 yen. Sony gained 5.58%, 5.64% Ricoh, Sharp and Toshiba 3.44% 5.55%. The automotive sector is doing well also: Honda Motor rising from 6.03% Hyundai 3.6% and 2.12% of Toyota.

State intervention with Chinese banks

The Stock Exchange of Hong Kong and Shanghai are also in the green bad credit pay day loans. At 7:00, they earn 3.26% respectively to 18,287 points and 0.72% at 2361 points. Financial stocks pull the score up after a share buyback of the main state banks by sovereign wealth fund China Huijin. According to brokers, this operation is to stabilize the financial system in China.In Hong Kong, around 7:15, the actions of the banks concerned fly: Agricultural Bank of China jumped 15.09% so, Industrial & Commercial Bank of China of 7.92%, China Construction Bank gained 7.04% and of China 8.94%.

Other markets in the region are also in good spirits. The Korean Kospi gained 1.89% to 1799 points, the S & P Australian advance of 0.47% to 4220 points and the Indian Sensex climbed 0.86% to 16,699 points.

Oil stabilizes

Oil was steady Tuesday in Asia, maintaining its gains made the previous day, in a market supported by the will of France and Germany to resolve the crisis of government debt in Europe and disruptions in oil exports to Kuwait due to a strike by customs officials who demanded an increase in their wages.

A barrel of "light sweet crude" for delivery in November gained 18 cents to 85.59 dollars.A barrel of Brent North Sea crude for November delivery gave a small 14 cents to 108.81 dollars.

easyJet response to Air France in provinces - October 7, 2011

easyJet and Air France continue their game of chess in the provinces. Less than a week after the offensive of the French company in the transport at low cost with the opening of a first regional base in Marseilles, the British low-cost replica by creating two new in Nice and Toulouse. They will open in April 2012 to welcome their first passengers in the summer. easyJet cuts the grass under the feet of Air France, which provides just opened its next two regional bases in both cities in spring 2012 (and then to Bordeaux in the summer of 2012).

EasyJet's management denies replicate but admits that the decision of Air France has an incentive to "accelerate the decision" to open a regional basis in good standing since the two cities where it already departures. This, to "increase opportunities for routes from both airports.""These new capabilities will allow us to open 10 new routes from those cities, which should take us half a million extra passengers a year," says François Bacchetta, easyJet Chief Executive Officer of France in an interview with Paris .

Grid regions

With this new investment of 100 million euros, easyJet, the second company in France with 12 million passengers a year, will lead five platforms which lights Roissy and Orly airports with a fleet of 24 aircraft cheapest personal loan rates. From Nice, easyJet will provide 250 flights a week with 5 new destinations in France and Europe and from Toulouse, it will operate 140 flights per week with 5 additional links to the province and Europe. The low-cost continuing its policy of grid areas in developing on "inter-market" which, she says, is "far from saturated."

The battle is also raging in the price. Air France has built its one-way offer from Marseille on triptych rate: 50 euros for France and some European destinations (Milan, Düsseldorf), 80 euros for Athens, Istanbul and Casablanca and 110 euros for Moscow. This, TTC and with "all the free services of Air France as a snack, newspaper and checked baggage." An allusion to some low-cost practices that charge these services. easyJet says its starting price will be "cheaper" than those of Air France, without further specification. Now remains to be seen what will be a replica of Air France Ryanair attacks directly with its new decentralized basis of Marseille.

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A turbulent stock market history for Dexia - October 5, 2011

In recent years, Dexia has moved from an institution offering a regular dividend to a penny stock that ruined its shareholders. The action is worth more than 1.06 euro on Tuesday, down 94% in five years. Until 2010, Dexia was part of the CAC 40 after entering in 1999. We now know the epilogue of a story that could be summed up in three parts: the time of ambitions, a last-minute rescue and collapse.

In 1996, the marriage of Credit Local de France and Credit Communal de Belgique is celebrated with great pomp. It gives birth to a bank player in the financing of local authorities in both France and Belgium. Rather than focus on this specialty, the leaders will demonstrate a burning ambition in the years that follow. The acquisitions will increase. Nothing is too good for executives who leave the checkbook repeatedly.No matter if capital does not follow. Access to liquidity seems unlimited and redemptions can be easily financed. Dexia is the time highly rated by rating agencies.

In 1997, Dexia is a 40% stake in the Italian specialist of financing local authorities. Units held will be brought to 60% in 1998. Especially in 2000, Dexia made two acquisitions that will prove disastrous. The property bought FSA in the United States for 2.7 billion euros. This company called credit enhancer has become over the years one of the insurance behemoth of financial securities. Moreover, again in 2000, Dexia bought Bank Labouchere. A few years later, a scandal will cost several hundred billion euros to Dexia. It turns out that customers of Labouchere bought shares on credit, the establishment of incentive. The crash of 2001-2002 and ruined.

Payment of a dividend is known to be regular and copious

At the time, financial analysts and portfolio managers criticize little Dexia. The bank made steady progress in earnings per share. It pays a dividend is known to be regular and plentiful. Many individual shareholders, entered the capital of Crédit Local in 1991 and have remained loyal to Dexia. No one really makes the fact that the risk profile of the bank has been completely changed.

In 2004-2005, Dexia is the subject of many rumors of marriage. Pierre Richard, the head of the bank, Dexia is that merged with the Italian Sanpaolo. He turned down its directors and officers in Italy. In September 2005, leaders refuse to merge with Dexia Fortis. Rumors of an alliance with Societe Generale also circulating, but nothing concrete emerges from the noise corridor.At the end of 2005, the action is close to 20 euros.

In 2006, is welcomed. It enables Dexia to enter the promising market of the local retail banking. In late April 2007, Dexia's most button above historical 24.51 euros.

Its subsidiary FSA is vulnerable

When the subprime crisis broke, the bank is discreet. She knows that its subsidiary FSA is vulnerable. The leaders tried to reassure but the 2008 financial crisis and the bankruptcy of Lehman Brothers will put the institution to its knees. In autumn 2008, the CDC, the State and the Belgian regions implement a capital increase of EUR 6.4 billion. In addition, the Belgian, French and Luxembourg governments were forced to implement security to enable the bank to borrow again.

Despite reduction measures and restructuring the balance sheet, and his teams have not managed to recover the bank.The task was daunting given a totally unbalanced balance sheet. The latest figures, Dexia had 6.9 billion euros of capital to 517 billion euros of assets. Shareholders are ruined and no one said that the action could still have value in the coming months. As for local governments, many of them are dissatisfied because the Dexia led to raise loans in Swiss francs to take advantage of the difference in interest rates. Only the value of the Swiss franc has soared, and the weight of loans proved unbearable for many communities.

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Employees of Lafarge in hunger strike - September 28, 2011

To save their jobs, twelve employees of the Lafarge plant in Frangey, in the Yonne, have chosen the weapon of hunger. They begin on Tuesday the eighth consecutive day without food. Their camp of five tents in which they placed cots, is placed just under the windows of the direction of the cement business of the group at Saint-Cloud in Hauts-de-Seine.

With this strong action, these employees, joined by the mayor of the commune of the Yonne, hoping to push Lafarge to reverse its decision, announced in late May to close their factory. Frangey site, dating back over 80 years and employs 74 employees, should gradually close its doors next year to a permanent closure in April 2013.Lafarge justify its decision with "a local market that is reduced by 40% over-capacity and an inability of the site to produce cement that meets new environmental standards."

The CGT, the majority union in the factory, these sweeping arguments. "The business is viable and profitable. And if the activity of the furnaces is low, it is because the traditional customers come from other sites such as Le Havre. And when asked why they prefer to Lafarge as trucks do 500 km to deliver, they can not be explained, "protested Sylvain Moreno, union leader, who understands that this is part of" the strategy of large ". False, answer a spokesman for the cement, "There was never any agreement between Lafarge and its competitors."

"A pool damaged"

As the situation escalates, Lafarge insists that the closure will be without pay.The group "has provided 100% of reclassification with a job on a site of Lafarge Cement in France," said a spokesman. Other support measures include a support for moving expenses, payment of the new rent for 15 years, or the accompanying spouse in finding a new job. "We want a smooth transition because we understand the emotion and anxiety of employees," said she. "If the goal of Lafarge, CAC 40 company, is close to reclassify, industrial activity in France has fallen very low," said Sylvain Moreno for his part.

Meanwhile in Saint-Cloud, Lafarge claims to be in contact "permanent" with the striking employees who received a "medical assistance, psychological and technical" from the group instant payday loan. Lafarge, which does not want this movement drags on, wants to "find an expeditious solution."But the ground is hard to find since the cement does not reverse its decision so that the strikers call for maintaining a pure and simple activity on the site. "I do not know how long this can last, says Sylvain Moreno. But I know that employees are determined to stay the course. We are ready for us to launch legal proceedings against the group to prove a lack of economic reasons, "said trade unionist.

"What is annoying is that it's 74 fewer jobs in the basin of Tonnerre is already quite damaged. Since 2003, 1,100 jobs have already been lost here, "says Maurice Godard, representative of the local union CGT de Tonnerre (Yonne).

Political turn

An extraordinary central committee (CEC), during which the situation will be discussed Frangey, is expected on Thursday. "There will be others.We want to continue the dialogue process, "says one at Lafarge. "There is no social dialogue, slice Sylvain Moreno, who says that management plans to relocate the appointment for he did not take place in Saint-Cloud," which will result in throwing fuel to the fire, "he warns.

Meanwhile, the movement takes a turn more and more political. Yesterday, Manuel Valls, a candidate for the primary PS, passing the camp, said that "Lafarge is able to maintain this site. This is the direction to move because you have to maintain this site. " Before him, the President of the Republic Standing, Nicolas Dupont-Aignan, came to see these "employees thrown like dogs" on the basis of arguments that "does not hold water."

The movement seems however not have the desired resonance within the company.A call to stop work was issued Monday on other sites but there has been little follow-up, pushing the CGT to regret "what little humanity" by other employees of the group.

Player Figaro BFM

The difficult conversion of athletes - September 25, 2011

Leaving a few weeks ago his book "When I was Superman," the former professional rugby player Raphael Poulain thought might not meet such a promotion for his first work. His testimony, however, echoes the experience of dozens of former athletes who have not managed early enough or seriously enough after their career. While attempting an acting career, the former player of the French stage is always at RSA …

Carefree, career fantasy, sports drink business … there are many pitfalls to a successful second career. "The Transformation of an elite athlete must be thought as soon as possible, even if the training choices that we made 18 years are not necessarily the same as the desires of end of career," insists Bruno Martini Former goalkeeper of France handball and now general manager of the Paris Handball.

"As soon as possible"

Do nothing in a hurry: the board is now accepted by all players around athlete (coaches, associations, consulting companies to sports, some agents). Many entities are trying to build bridges between the world of sport and of the company. Renault, official partner of the XV of France, has just launched with Proval (union of professional rugby players), a program offering a career to former professional players. One type of initiative more often the values ​​of the sporting world (fighting spirit, a taste for effort …) are highly valued in the business world.

In fact, the discourse is much more difficult to move among young people, especially in sports most media, such as football."Today a young footballer aged 15-16 in the training center already won 500 to 600 euros per month and turned professional at 18, with a nice salary," explains Sébastien Pampanay, director of the Ecole des sports occupations professional, working with football clubs on the training of young athletes. "Even in lesser-known individual sports such as tennis, table tennis a young age of 16 wins in the good clubs from 3500 to 4000 euros net per month. After that, go ask them to pass the exam! "Adds Thierry Maudet, executive director of the National Sports Institute, expertise and performance (INSEP), which trains and prepares high-level individual sports.

Social responsibility of clubs

The less publicized sports such as handball and volleyball are in turn more favorable to a successful conversion.Less concerned with early and huge income, keep young athletes' head on his shoulders. " Especially as their media visibility weaker does not help sponsors and advertising contracts very generous. "Clubs are beginning to understand they have a social responsibility on the support of their post-professional players," said Bruno Martini, 80% of its players are trained parallel.

In rugby, the professionalisation of sport sometimes lose their heads to the younger generations, but those who experienced the period amateur took the lead. With varying success. Kémana Spa, the spa center of Serge Betsen, former International XV of France, filed for bankruptcy earlier this year for lack of sufficient involvement in the management of his company he acknowledges himself.Not enough to scald his brothers studs, "who do not know offline realities professionalism," said Miguel Fernandez, players' agent. " Of the 30 French rugby parties in New Zealand, 14 have a side like Lionel Nallet (mechanical parts), Imanol Harinordoquy (clothing brand) or Vincent Clerc (Team One Group: event and sports marketing).

However, despite the good will, training remains a matter of priorities, and even sacrifices. His 30-year well underway, Bruno Martini had to change twice before finding a club in Nimes framework laid him to spend his degree club manager.

Fault lines as sports

Overall, fault lines affect the earliness and quality of the preparation of a post-career.Whether you are male or female, international sports or not, and in a team sport or individual management of retirement sports varies widely. However, the main difference between the high-profile sports and the more confidential. In the first case, the financial gains will promote a higher awareness of the athlete against the importance of rapidly forming a capital, and form. "In France, only 150 players on the 2000 working professionals do not have to worry financially for a second life project, warns Sébastien Pampanay. However, thinking of his conversion is still not part of the natural gait of a professional football player, unlike other sports where the mentality is different. "

For example, the judoka Décosse Lucie, triple world champion and European champion four of his discipline follows a parallel training as a journalist with the CFJ. A woman in an individual sport, the economy far less developed than that of football or rugby would be aware of any financial potential of his career. But exceptions exist, such as media Mickaël Landreau, footballer and current goalkeeper of the club Lille LOSC, now in training (master of management).

Ultimately, the issue of supervision and training of the athlete according to his discipline are crucial. "There is not a sport, but sports, with different realities, warns of Insep Thierry Maudet. The current problem is that we have cloned the same mode of organization for all disciplines.A gymnast has a volume of training equal or even greater than that of a footballer, to operate in a sport to the economic model does not exist! ". From this point of view, the family and the maturity of the sport often make the difference. "Too many young athletes are not yet aware of these constraints. They dream to come true in their sport, "career" and to live, says the head of school sport. We must make them understand that their responsibility in the field, it should be taken also in life. "

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Total discovered oil off French coast - September 10, 2011

The seabed French hide many treasures. Among them, the black gold. Total announced Friday a hydrocarbon discovery off the coast of French Guiana No teletrack payday loans. An oil rig exploration, which was installed in March to 150 km off the coast of Cayenne, allowed the discovery.

Greece, a popular destination - August 14, 2011

The fall of 6.9% of GDP in the second quarter is not for nothing. While the empty streets of Athens with the approach of August 15, the Greeks are reluctant to take a vacation. According to a survey by the Consumers' Association, six out of ten Greeks will not go this year because of the crisis. Specifically, "46% do not go a week, and only 5% will go over two days," Gianna Karatyni analysis of the Consumers' Association. "Morale is not, but the wallet either. Now the Greeks think twice before leaving, especially when the price of ferry tickets, for example to go to Crete for a family of four with a car, is 600 euros, one quarter of household earnings. A luxury, "she says.

Yet the absence of the Greeks is not visible on the beaches of the islands of the Aegean Sea. And for good reason, this summer, tourists from around the world flock by the thousands.Travel agencies estimate that 20% increase in bookings compared to 2010. "The French are fighting the same record," adds Theodore Chartomatsidis, director of the Hellenic Tourism Office in Paris: "Applications abound every day with our services. The numbers prove it. There is, for now, an increase of at least 28% of French tourists in Greece this year, "says he. "That means they could exceed one million visitors, a figure that was the goal for three years. It is therefore encouraging because with few means of promotion, we have shown that there is another Greek than the economic crisis, like the food for example. The French responded immediately, in solidarity, above all, "he adds.

A safer country as Tunisia and Egypt

In the port of Piraeus, boats, coming and going in the islands of the Aegean Sea, are met.Karine, a French tourist, who came with family, preparing to embark for the island of Kalymnos in the Dodecanese. Impressed by the number of travelers, she concluded that ultimately the economy will be beneficial to Greece: "I think people, especially the French, were frightened by the situation in Tunisia or Egypt. Greece remains a safe country, to which is attached without really knowing him. The holidays are enjoyable, even if sometimes small strikes, "said she. Like many tourists, Karine does not hide his desire to acquire a small house overlooking the sea "if prices fall with the crisis," she says. The property prices have not fallen but never mind, for some tourists, there is an incentive to come back next year.

The Greeks do not let themselves down so far.Some invade the beaches near the capital, while others go for short-haul and less expensive way, almost 30% of Greeks went beyond their prejudices to enjoy the beaches and rates of neighboring Albania.

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