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Economy
Merkel, Rival Fight Over Greek Pollicy
German Chancellor Angela Merkel, a resounding favorite to win re-election on Sept. 22, found herself trying to defend her policy of propping up Greece with bailouts while her rival, Peer Steinbrueck said she was administering "deadly doses" of austerity,...
Economy
Greece Running Out of Money as Tax Collections Wane
ATHENS – The combination of political uncertainty and the fear that Greece will be forced out of the Eurozone and return to the drachma have worsened the country’s ability to collect taxes, with revenues falling far short of expectations,...
Economy
Greece Debt Reduction Deal Nears, but Second Needed
ATHENS – Just as Greece is seeking a second bailout to keep its economy from failing and defaulting on its loans under the weight of a staggering $460 billion debt - $41,818 for every man, woman and child in...