Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus isn’t yet in.
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Thursday, May 23, 2013
‘Kill bankers, not yourselves’ says Greece’s far-right Golden Dawn
A member of the Greek parliament from the far right party Golden Dawn
has urged desperate people in the country to “kill those who are
responsible for their problems” rather than commit suicide. He defines
“those who are responsible” as bankers.
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Panathinaikos face appeal over licence to play in Greece
Panathinaikos are
one of eight clubs in the Greek top flight to be denied licences to
compete in next season's championship, the Hellenic Football Federation (EPO) has said.
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EU may give Greece more time to meet fiscal targets: Dijsselbloem
The euro zone may give Greece
more time to meet fiscal targets agreed under its international
bailout, the chairman of the euro zone finance ministers said in an
interview published on Thursday.
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Saturday, May 18, 2013
Samaras Seeks China Investment to Revive Battered Greek Economy
Greek Prime Minister Antonis Samaras
promised to give the “red-carpet treatment” to foreign
investors as he visited China to help revive an economy that
contracted for the 19th straight quarter.
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What Happened To Greece's Solar Surge?
Well, they did it. Just a few months after reporting exceptionally strong growth in the solar sector, Athens announced that they would implement retroactive cuts to state subsidies.
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Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said.
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