Greek Banks and Hospitals

The news from Greece doesn't get any better.

On banks:

The reduced credit ratings of Greek banks has resulted from the lowering of Moody's credit rating of Greece from A3 down to Ba1.

On hospitals:

"Hospitals near meltdown
Doctors warn of deaths due to shortages caused by dispute with suppliers"

"Doctors warned yesterday that hospital patients will begin to die soon unless the government can resolve an impasse with suppliers over more than 5 billion euros in debts".

For full Kathimerini English edition article, see

http://ekathimerini.com/4dcgi/_w_articles_politics_1_15/06/2010_117689

Apparently an "agreement in principle" has now been reached to pay off the debt.

Personally, I have great faith in the hospitals in Ioannina (although even there I am hearing reports of funding and supply difficluties and of postponed operations). Corfu has its own problems.