Greece
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Sachinidis, finance minister for Greece
Deputy Finance Minister and Larisa MP Filippos Sachinidis was sworn in as the country’s new finance minister, replacing Evangelos Venizelos who stepped down to lead Pasok.
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Athens properties least popular
Athens ranks last among 27 European metropolitan cities as far as its ability to attract real estate investment is concerned, according to an annual survey by PricewaterhouseCooper
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Police leave cancelled ahead of military parades
All police leave has been cancelled for this weekend ahead of the military parades on Sunday to mark Independence Day.
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Cyprus rating gets junk status
Cyprus’ sovereign debt has been slashed to junk status by the ratings agency Moody’s, due to heavy bank exposure to the Greece’s struggling economy.
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German funds for Ptolemaida electricity plant
More than half of the funding for the construction of Public Power Corporation’s new lignite unit at Ptolemaida, western Macedonia, will come from Germany.
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Venizelos to step down as finance minister
“Once I take over at the helm of the biggest party in parliament, I will have to devote myself to these new duties”. These words belong to current Finance Minister Evangelos Venize
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Greece presses charges over alleged 2008 Karamanlis plot
A Greek prosecutor pressed charges of treason and trying to destabilise the country against unknown suspects this week over an alleged 2008 plot to overthrow the then-conservative
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Funding approved
The International Monetary Fund on Thursday approved 28 billion euros in funding for Greece over the next four years.
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Greece’s unemployment rises to 20.7 per cent
Greece’s jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2012, reflecting the country’s deep economic malaise, exacerbated by austerity to
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Ex-ministers launch new socialist party
Two former ministers, Louka Katseli and Haris Kastanidis, launched a new party named “Social Pact” last Wednesday, promising that they would provide “realistic and radical policies