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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, August 12, 2013

European banks 'may have inflated balance sheets over Greek debt'

• IASB says some banks ignoring market valuations on bonds • Body cites 'inconsistent application' of accounting standards The International Accounting Standards Board has said European banks may have inflated their balance sheets and profit and loss accounts by not taking full writedowns on distressed Greek debt. In a highly unusual intervention, the IASB on Tuesday published a letter from ...

READ THE ORIGINAL POST AT www.theguardian.com