Greece
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Vehicle sales slump
Automobile sales fell by 31.3 per cent in 2011, with cars posting a 30 per cent decline, according to figures released by the independent Hellenic Statistical Authority (Elstat).
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‘TRNC’ plans name change if no solution
The breakaway regime of occupied Cyprus will conduct constitutional changes and will change its name if the Cyprus peace talks do not provide a solution by July 2012.
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Export industries plan exit strategies
The majority of export-reliant Greek industries are adopting a defensive stance for 2012 after struggling to survive the economic hardships of 2011.
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Finance ministry official charged in tax case
A top Finance Ministry official was charged this week with failing to collect fines imposed on firms for smuggling, court officials said, the second case to embarrass the governmen
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EU asks for farm subsidies to be returned
Greece has until February 8 to explain to the European Commission how it plans to extract 424.8 million euros from farmers that it paid compensation to in 2009, after Brussels deem
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Papandreou to accept end of PASOK tenure
PASOK president George Papandreou will respect the decision of the party’s national council, which is due to meet next weekend, regarding the process to elect the next Socialist le
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Museums and sites closed for three days
A cultural black-out will occur in Greece for the next three days as all sites and museums will be closed.
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Greek ports on cruise giants radar
Representatives of major international cruise companies have expressed interest in participating in the construction of infrastructure projects at a number of Greek ports.
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Calls for Turkey to investigate ‘wildfire’ claims
Ankara must investigate recent claims by former Prime Minister Mesut Yilmaz about Turkish agents operating in Greece during the 1990s, Greek Foreign Minister Stavros Dimas said thi
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Millions poverty stricken in Greece
More than 3 million Greeks were living below the poverty line or in a state of social exclusion in 2009, the second year of the country’s recession, according to a recent report by