SHARP DETERIORATION
CURRENCY IN GREECE
GOLD PRICE SOARS (9 a.m.) ATHENS, Dec. 20.
The tram strike in Athens ended yesterday when a SQO per cent increase on the wages fixed last May was granted. This reflects the Greek economic situation, the deterioration 1 of which, says the Associated Press correspondent in Athens, is due to the growing feeling that Britain will not grant financial assistance tc Greece and also lack confidence m Greece's future. Pointing out that Hip gold sovereign last night rocketed to 110,000 drachmas on the black Bourse, the correspondent expresses, the opinion that the situation may affect the stability of the Sofoults Government.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19451221.2.89
Bibliographic details
Gisborne Herald, Volume LXXII, Issue 21902, 21 December 1945, Page 5
Word Count
106SHARP DETERIORATION Gisborne Herald, Volume LXXII, Issue 21902, 21 December 1945, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in