After the Prime Minister Antonis Samaras announced the shutdown of ERT, thousands of workers of the biggest labor unions in the country have gone on strike.

The bus and train workers joined the strike on Thursday against the sudden halt of the broadcaster. They are now threatening to continue the strike for 24 hours bringing the country to standstill.

With a hope that it would be part of the FTSE250 index in next review in September, Partnership Assurance Group has clicked on the surface of stock market. It is pleasantly placed at over 1.8 billion pounds in its London market.

Fleshing out details, the shares have been trading at 450.5 pence. Further, by 0715 GMT, PAL was trading at 455.75 pence.

After Austria announced earlier in the day to evacuate forces from the Golan Heights, UN Secretary-General Ban Ki Moon decided on Thursday night to find troops to replace some 380 UN peacemakers.

Warnings have been raised by Austrian coalition parties that they might need to take new tax measures so that a budget gap likely to occur next year could be capped.

This is due to increasing opposition in Germany and bearing in mind the uncertainty to be entered into force by the European financial transactions tax (FTT). The same has been mapped for January 1, 2014.