February 29th, 2012 at 09:02pm Under Greek News
Greece struggled to impress as they were held to a 1-1 draw by Belgium in a Euro 2012 warm-up friendly at the Pankritio Stadium in Heraklion on Wednesday.
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February 29th, 2012 at 08:33pm Under Greek News
Greece, which is struggling with crippling debt and economic implosion, needs to make better use of existing European Union funds while it waits for the effects of money granted in a recent international bailout to kick in, European Commission President Jose Manuel Barroso said Wednesday.
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February 29th, 2012 at 05:46pm Under Greek News
ATHENS (Reuters) – Greece does little to enforce anti-corruption rules and many of its laws condone graft, undermining its efforts to reform and pull itself out of a debt crisis, Transparency International said in a report released on Wednesday. "We all know about the debt crisis, but Greece is also suffering a crisis of values," said Costas Bakouris, head of the corruption group's Greek …
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February 29th, 2012 at 04:55pm Under Greek News
BRUSSELS (Reuters) – EU donors and international companies face huge obstacles in making investment in Greece work, even if billions of euros flow back to the stricken economy, one of the EU's top economic official said on Wednesday. The European Union aims to invest 20 billion euros in Greece by 2013 and a Greek privatization program is designed to raise another 19 billion by 2015, with …
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February 29th, 2012 at 01:51pm Under Greek News
Greece Wednesday invited bids for state-owned gas company DEPA and gas grid operator DESFA, as it moves ahead with a long-awaited privatization program, aimed at raising EUR19 billion by 2015.
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February 29th, 2012 at 11:20am Under Greek News
Greece has formally launched a privatization offer for its Public Gas Corporation, DEPA, as part of an ambitious program to raise euro11 billion ($14.8 billion) by the end of the year as it seeks to pay down its massive debts.
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February 29th, 2012 at 11:08am Under Greek News
ATHENS (Reuters) – Greece has invited bids for state-owned gas company DEPA, as it moves ahead with a privatization program targeted to raise 19 billion euros ($25.5 billion) by 2015. According to an offer document published on Wednesday, the government is considering a "bundled" sale of DEPA, combining its wholesale, trading and gas supply business as well as its DESFA networks and liquefied …
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February 28th, 2012 at 11:22pm Under Greek News
Among all the trials and tribulations that define Greece these days, one that has received relatively little attention is its sky-high smoking rate. Greece’s is the highest in the Organization for Economic Cooperation and Development. Greece is an outlier also in that its smoking rate has risen significantly over the past decade.
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February 28th, 2012 at 11:16pm Under Greek News
Greece's parliament late on Tuesday approved fresh budget cuts linked to a new eurozone bailout after a scalding credit downgrade soured efforts to cancel nearly a third of its huge debt.
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February 28th, 2012 at 10:42pm Under Greek News
Greece's Parliament late on Tuesday approved new cuts in public sector pensions and government spending required to secure a second package of international rescue loans.
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