Online shopping store of Greece is a great place to buy as well as donate to charity. Doromu. com has come up with a new strategy under which it not only assists the consumers in buying the products right from their desktops but it also makes significant steps towards donating to the charities in the country.

Situation is becoming terrible for Greece with its unemployment levels climbing to a new record of 26 percent in September. Worst is the fact that Greece has topped Spain to become the highest in the euro area.

As per recent news, Greece is rated as "selective default" by the Standard & Poor's Corp. in its latest ratings released on Wednesday.

The country's credit ratings were earlier rated at a "CCC" which downgraded to "selective default" in recently reviewed ratings by S&P. Greece is considering debt buyback that is anticipated on December 17, which may get the "CCC" rating back to it.

It is for the first time in four days before the SA's third-quarter current account data release that rand has fell on Thursday with most of the trader's eyeing upon the SA's data release in a hope to see South Africa's current account widening in the third quarter and after Standard & Poor's cut Greece's debt rating.

Amid the debt crisis that has grabbled Greece and Spain, the Euro rose 0.6% reporting a highest increase since last seven months.

The increase was recorded on Wednesday which is believed to come as efforts of Greece and Spain towards boosting their economy in order to get relief from the debt problems. The dollar, on the contrary, fell significantly putting it under pressure.

At a time when the Greece is facing heavy economical crisis, infections and diseases are surging significantly with HIV infection reported to rise dramatically over a short span of time.

If to believe Francois Crepeau, a top notch UN official, Greece has been passing through a worst economic crisis since World War II. This has led to the birth of shocking conditions in detention centres across the nation.

Greece is planning to buy back bonds via Dutch auction, say officials on Monday. In its recent statement, Greece has confirmed its plans of buying back the bonds through a Dutch auction in an effort to cut its ballooning debt and further enabling it to carefully assess the level of demand prior setting out any final price for the deal.