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European "Union": Goodnight and Good Luck, Greece

"You either keep your word and push the mid-term program immediately or you will not be given the next trench", said Troika officials to George Papandreou and Evangelos Venizelos. Surely it must[...]

Cypriot Parliament Approves the First Austerity Measures

The Cypriot Parliament voted for the first austerity measures. However, the rise of the TVA was postponed. The measures include salary and pension deductions for...

Greece: The full new economic measures

Greece's finance minister outlined deep spending cuts and tax increases Sunday to free up a multi-billion-euro rescue by the International Monetary Fund and European...