Greece
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PASOK staff protest over unpaid wages
A crowd of angry PASOK employees blocked the entrance to the party headquarters in central Athens to demand four months in unpaid wages, drawing attention to PASOK’s dire finances.
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Shopkeepers in Greece unite
Traditional store owners in Athens are trying to boost sales by working together to offer new services.
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Greek PM moves two ministers in mini-reshuffle
Greece’s technocrat prime minister, Lucas Papademos, moved two government ministers on Tuesday, in a mini cabinet reshuffle unlikely to affect the debt-laden country’s efforts to a
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Venizelos warns holdouts as IIF members back PSI
Greece warned private bondholders thinking of rejecting the offer for a debt restructuring deal not to do so as Athens edged closer on Monday to securing the level of participation
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German tax collectors willing to help in Athens
More than 160 German financial services executives are willing to go to Greece in order to strengthen the Greek tax system, according to a report published in the German magazine W
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Greek PM turned down state salary
Prime Minister Lucas Papademos waived his salary as interim leader when he assumed his post in November and has not received any payment for serving as Greece’s premier.
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Ex-minister revealed in money transfer suspicion
On Tuesday, Dora Bakoyannis, a conservative former foreign minister and leader of the centrist party Democratic Alliance, put an end to days of feverish political speculation over
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ECB puts Greek banks on emergency aid
The Bank of Greece, the country’s central bank, is likely to step in to smooth funding for the country’s banks after an earlier-than-expected downgrade of the nation’s credit ratin
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PASOK leadership vote to be held on March 18
The vote to elect a new PASOK leader will take place, as had been planned, on March 18, party officials decided.
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Coca-Cola shuts down two production lines in Greece
Coca-Cola Hellenic Bottling Company, the world’s second-largest Coke bottler, announced this week the closure of two production lines in Thessaloniki and Patras.