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Saturday, September 8, 2012

Greek PM: Painful cuts will restore credibility


Telegraph.co.uk

Greek PM: Painful cuts will restore credibility
Boston.com
THESSALONIKI, Greece (AP) — Greek Prime Minister Antonis Samaras insisted Saturday that the latest package of deep spending cuts, which will once again affect wages and pensions, will be the last, but he also defended the measures as necessary to ...
Thousands Protest Greek Austerity Measures at Trade FairWall Street Journal
Thousands of Greeks protest against new round of austerity cutsReuters

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Tens Of Thousands Protest Greek Austerity Measures


AFP

Tens Of Thousands Protest Greek Austerity Measures
Wall Street Journal
By Alkman Granitsas Tens of thousands of demonstrators marched through the streets of the northern Greek city of Thessaloniki on Saturday, marking the first large scale protest against upcoming government austerity measures.
Greek PM: Painful cuts will restore credibilityMarin Independent-Journal
Thousands of Greeks protest against new round of austerity cutsTerra.com

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Greek neo-Nazi party targets immigrant traders


Deutsche Welle

Greek neo-Nazi party targets immigrant traders
Deutsche Welle
Golden Dawn (Chryssi Avgi) released a video showing 30 uniformed militant activists carrying Greek flags as they checked the papers of traders. They then began kicking over the traders' merchandise stalls, as police and pedestrians passed by without ...

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Thousands Protest Greek Austerity Measures at Trade Fair


euronews

Thousands Protest Greek Austerity Measures at Trade Fair
Wall Street Journal
Thousands of demonstrators marched through the streets of the northern Greek city of Thessaloniki on Saturday, marking the first mass protest against upcoming government austerity measures. According to police, more than 15,000 protesters were taking ...
Greek Prime Minister: Painful, Unjust Cuts Will Restore Our CredibilityHuffington Post
Greek anger rises ahead of fresh cutseuronews

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German Constitutional Court hearing will be day of judgement for the euro

After years of turmoil, pain and fear, the euro's future may finally be decided be not on the streets of Greece but by a panel of grey judges at the German Constitutional Court


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Samaras Says Spending Cuts Imperative to Keep Greece in Euro


Business Recorder (blog)

Samaras Says Spending Cuts Imperative to Keep Greece in Euro
Businessweek
“The truth is Greece came very close to exiting the euro,” Samaras said today in a speech in Thessaloniki, northern Greece. “Greece would die. We had to avert this immediate threat. To regain credibility as a country we had to move ahead with and honor ...
Greece aims at good marks from auditorsBusiness Recorder (blog)
Premier: Painful cuts will restore credibilityBellingham Herald
Greece prime minister says country must stay in euro to be "modern and credible"Telegraph.co.uk
Catholic Online -The FINANCIAL
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Premier: Painful cuts will restore credibility




THESSALONIKI, Greece (AP) — Greek Prime Minister Antonis Samaras says the final round of austerity measures contains painful and unjust cuts but is necessary to restore Greece's credibility and continue to receive funding from creditors.

Debt-laden Greece is in the fifth year of a deep recession that has seen its economy shrink by 20 percent and the jobless rate soar to 24.4 percent in June.


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Premier: Painful cuts will restore credibility

Coast guards hold flares and shout slogans in front of White Tower, city's landmark, during a protest in the northern Greek port city of Thessaloniki, Saturday, Sept. 8, 2012. Greece, in the grip of a severe recession for the fifth straight year, is still struggling to avoid bankruptcy by imposing harsh austerity measures, including wage and pension cuts. Unemployment has soared to nearly a quarter of the workforce. (AP Photo/Giorgos Nissiotis)Greek Prime Minister Antonis Samaras says the final round of austerity measures contains painful and unjust cuts but is necessary to restore Greece's credibility and continue to receive funding from creditors.



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Eight out of ten Greeks pessimistic about economic future: survey

Eight out of ten Greek citizens were pessimistic about their economic future, according to an opinion survey published on Friday, as the Greek government discussed a new round of austerity to address the country's debt crisis.

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The bankers' dictatorship in Greece


The Voice of Russia

The bankers' dictatorship in Greece
World Socialist Web Site
Some 150 years after the first struggles for an eight-hour day, and a century after the introduction of the first five-day work week, the troika is demanding that workers in Greece work 6 or 7 days a week for subsistence wages, or less. To this end the ...
Greece to resume talks with troikaThe Voice of Russia

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Greece man's career takes plenty of digging


Greece man's career takes plenty of digging
Rochester Democrat and Chronicle
Steve Goldstein, a 2006 graduate of Greece Athena High School, is making a life of studying how early cattle herders around the world lived and worked by excavating land to find and research handcrafted stone tools estimated to be used 1,000 to 5,000 ...


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