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Sunday, January 29, 2012

Greece: "Firings, Pay Cuts, Slashed Health and Defense Spending"

from greek reporter...

"There just seems to be no good news for Greeks these days. Even as a coalition government led by former European Central Bank (ECB) Vice-President Lucas Papademos has stalled in talks to get a second bailout to keep the country from falling into bankruptcy, the Troika of international lenders is demanding more of the same austerity measures that have created a deep recession of 18.2 percent unemployment and the closing of more than 100,000 businesses."

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