Greece
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Furniture industry production continues decline
The Greek furniture industry suffered a 19.2 per cent decline in its production volume in the first seven months of 2011.
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Hospital rooms for rent
In a bid to earn revenue for Greece’s public coffers, the Health Ministry said private insurance companies will be able to rent rooms in state hospitals for their customers.
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Pharmacists reject longer hours
In an ongoing dispute between Health Minister Andreas Loverdos and the union representing the country’s pharmacists, a proposal was rejected by the minister to fully liberalise the
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Prosecutor charges 29, including navy, defence staff in sub probe
Greece’s chief financial prosecutor Grigoris Peponis has brought a string of criminal charges against 29 people including navy officers and former Defence Ministry officials.
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Venizelos lowers asset-sales goal
Greek Finance Minister Evangelos Venizelos scaled back a target for raising revenue to pay down debt from state-asset sales amid slumping stock values and delays in implementing th
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Prosecutor to probe ex-statistician’s claims
Top prosecutor Grigoris Peponis on Monday ordered a preliminary investigation into claims by a former employee of the Hellenic Statistical Authority.
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New plan may not hold water
Four years after missing a European Union deadline for meeting quality standards for its lakes, rivers and underwater reserves, Greece has finally created a viable system for monit
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Cyprus goes ahead with gas exploration
Turkey threatens to send gunships to protect its planned explorations off the island’s northern coast.
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Greeks strike over pain and anger at austerity
Greek workers staged a 24-hour strike on Thursday forcing the transport system to a standstill, protesting against the government’s intensified austerity drive securing aid in orde
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More job cuts on the cards
Anger over austerity among ordinary Greeks is matched by bailout fatigue among north European creditor countries, especially Germany, Finland and the Netherlands.