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Monday, March 18, 2013

Analysis: Europe's social shock-absorbers show crisis strain

A woman checks documents outside an unemployment bureau in AthensBy Paul Taylor PARIS (Reuters) - Grigoris Lemonis, a 73-year-old Athens pensioner, uses his 580 euro ($760) monthly state pension to support his wife and the family of his son, an unemployed cook with two small children and a wife who works occasionally as a cleaner. Three-generation families surviving on a single income are increasingly common across southern Europe as mass unemployment tears at the fabric of closely knit societies. ...



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