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Greece
Hopefully, a new Greek government will emerge after the elections on June 17. The first major decision the government must make is whether the country will continue to abide by austerity measures imposed by other members of the European Union, renegotiate them, or refuse to comply. One of these
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Date:
6/14/2012
While the world awaits the outcome of Greek parliamentary elections on June 17 -- which will determine whether the country remains in the eurozone -- it is important to understand how a country of 11 million people could accumulate such a colossal debt in the first place. Greece found itself at
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Date:
6/7/2012
For the last two years, Greek citizens have turned out to oppose austerity measures in front of the Hellenic Parliament. The May 2012 parliamentary elections allowed the people an alternative route to voice their views, which resulted in a loss of seats for the two main parties -- Pasok (socialist)
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Date:
6/1/2012
Global media coverage has heightened awareness of Greece’s probable exit from the euro-zone and produced a nickname for the Hellenic exodus: ‘Grexit.’ It is important to understand the potential consequences of a development that is provoking fear in world financial capitals even before its occurrence
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Date:
5/22/2012
Greece must reduce government spending by $15 billion next month or it will be suspended from receiving international loans that keep the country afloat. This will be especially challenging since the May 6th elections there resulted in pro-bailout parties no longer having the power needed to govern
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Date:
5/11/2012

