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PASOK and ND in damage control

PASOK and ND try to regroup after Monday’s bail out vote.

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Eurozone cancel on Greece

A scheduled summit of eurozone finance ministers on Wednesday, where a second debt deal for Greece had been widely expected to be rubberstamped, was cancelled late on Tuesday.

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NAB’s profits top $1.4bn

National Australia Bank’s cash earnings in the first quarter rose 8 per cent in the three months to December 31 to $1.4 billion, up from $1.3 billion in the same period the previou

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Holden to cut production in Adelaide

Doubt has again surfaced over the future of Holden manufacturing in Elizabeth, North of Adelaide as Holden’s General manager Mike Devereux, prepares to announce to the 2,500 strong

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Petrol set to go up 3 cents

Petrol prices in Australia are set to jump an extra 3 cents a litre in the next fortnight following a $5 rise in Singapore unleaded price.

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Tighter control for online gambling, says report

Tighter control of online sports betting and a ban on promoting live odds at sporting venues and during event broadcasts, were some of the recommendations that came out of a federa

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Water companies on chopping block

The government is now examining the possibility of selling its entire stakes in the Athens and Thessaloniki water and sewage companies, EYDAP and EYATH, according to a decision by

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Greece faces time pressures after vote

Parliament’s approval early Monday of the terms of a new bailout for Greece appeared to have paved the way for Athens to receive more loans from the eurozone and the International

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Holiday makers to gain from demise of the euro

Economic analysts predict that European holidays look set to become more affordable thanks to the Australian dollar trading at near decade highs against the euro.

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Greek MPs ousted from parties following austerity measures vote

More than 40 MPs have been ousted from their parties following this morning’s vote to approve the EU-IMF deal.

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