Greece
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Greek bailout fund assists bank share buyback
The fund set up to recapitalise Greek lenders in case of need can inject capital by buying common shares issued by the banks.
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Secret media fund to be scrapped
A law that has existed since military dictators ruled Greece and which allows a government department responsible for media relations to use up to 600,000 euros of public money eac
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Greek clothing sector nosediving
After nearly a decade of contraction, the clothes manufacturing sector in Greece is still showing no signs of recovery.
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Draft bill on higher education passed in principle
Appeals by the main opposition New Democracy party for consensus, combined with a proposal for a roll-call vote requested by the Popular Orthodox Rally (Laos) party, and compromise
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PM’s ally resigns in protest
Prime Minister George Papandreou was dealt a blow on Thursday when Deputy Regional Development Minister Haris Paboukis, who has been a close political associate of the premier’s fo
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Finnish headache for eurozone
Market worries about the July deal are increasing, with Schaeuble ruling out collateral.
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Entrepreneurship being led by the young
The number of new companies set up in May and June showed significant growth, especially those set up by young people.
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Athens 38th most expensive city
Athens is the 38th most expensive city in the world according to a report by UBS Wealth Management Research.
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Crematorium gets green light
The Municipality of Thessaloniki has announced the go ahead for Greece’s first crematorium.
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Academics to take action if bill passes
Parliament is preparing to vote on the Greek Government’s contentious university reform bill.