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Friday, December 21, 2012

Greece fuel crisis adds to economic woes





With an economy that has contracted for five years and an unemployment rate at a record 25 percent, residents in northern Greece can't heat their homes.

Kastoria hasn't received funds from the central government to warm schools and the mayor said he will close all 53 of them rather than let children freeze, a step already taken in a nearby town.

Austerity measures have cut government salaries and benefits, raised the retirement age and reduced services.


READ THE ORIGINAL POST AT www.sfgate.com