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Saturday 11 February 2012
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Greece Braced For More AusterityIndividuals and businesses in Greece are facing the prospect of paying yet higher taxes as the government prepares a fresh round of austerity measures as part of a recast bail-out deal with the International Monetary Fund (IMF) and the European Union (EU).Ministers belonging to Greece's ruling socialist PASOK party began meeting this week to discuss proposals for a further wave of austerity measures as the nation struggles to meet the conditions of the EUR110bn bail-out deal brokered with the EU and IMF last year. more from daily news »


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