Greece
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Public transport to be deregulated
The government is going ahead with the complete deregulation of the public transport sector.
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Euro bonds “absoloutely wrong” for crisis
German Chancellor Angela Merkel says collectivising debts will not solve the eurozone problem.
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Back step on Greece ban to Schengen
The Citizens’ Protection Ministry rebuffed a report in the Financial Times indicating that Greece may be temporarily ejected from the passport-free Schengen travel area
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Cyprus defies Turkey on gas plan
Cyprus has reiterated it’s plans for gas exploration in the Eastern Mediterranean despite threats from Turkey
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Inflation eases in August
Greece’s inflation rate dropped for a second month in August as retailers slashed prices during the summer sales season.
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PASOK rift erupts over civil
A row appears to have broken out within the ranks of ruling PASOK over the government’s plans for wage cuts and possible dismissals in the broader civil service.
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Greece must conform to remain in eurozone
German Finance Minister Wolfgang Schaeuble said on Thursday that Germany stands ready to help Greece, but if the country did not meet the requirements set by the European Union, Eu
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Eurozone exit could send Greece back to 1950’s
Hellenic Federation of Enterprises (SEV) president Dimitris Daskalopoulos warned this week that if Greece proves to be “unable, or too weak to keep up with the hard European core,
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Pensioners become born-again farmers
“You can go a week without spending a single euro over here,” says a man who moved back to Crete two years ago to live in the village of his birth.
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Construction firms looking abroad to recoup losses
Due to a lack of new public works, major road projects have come to a standstill.