Greece
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Debt is only half of Greece’s problem
IMF’s chief economist Oliver Blanchard sees lack of competitiveness as a major issue for the embattled economy.
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Downer disappointed over Greentree talks
UN Secretary General’s Special Adviser on Cyprus, Alexander Downer briefed members of the Council in the framework of the UN Secretary General’s statement at Greentree talks.
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Tragic end for angelopoulos
An investigation into the road accident that led to the death of internationally acclaimed filmmaker Theo Angelopoulos on Tuesday night, has been launched.
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Container traffic grows at Piraeus
The port of Piraeus has become significantly more attractive for international container transporting firms.
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French, Russian and Portuguese arrivals increase
Arrivals from France, Russia and Portugal bolstered the number of visitors to Greece by 10.4 per cent in the first nine months of 2011, the Hellenic Statistical Authority reported
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Europe expresses doubt for Greece recovery
European leaders have expressed their concern and are skeptical that Greece can recover from the crisis.
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Unions and employers reject govt wage cuts
Employers and labor unions found some common ground during the first day of wage talks neither side is willing to agree to Papademos’s suggestion that private sector workers’ salar
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Hellas Power, Energa have licenses revoked
DESMIE, Greece’s electricity grid operator, suspended on Tuesday the power trading contracts and supply licenses of Hellas Power SA and Energa SA, the country’s energy regulator RA
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Simitis condemns Papandreou government
The Papandreou government was ill prepared when they signed the memorandum with the EU and as a result of that more problems were created for embattled Greece than those solved, ac
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Winter sales off to slow start
The winter sales got off to a sluggish start in their first week for the most part, with traders noting a sense of weariness on the part of consumers.