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Spain: gov’t to abolish long weekends in 2013
Making the work week more efficient by reforming the calendar (ANSAmed) – MADRID, NOVEMBER 2 – By the end of the year, the Spanish government will move some holidays that fall during the workweek to...
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Egypt: Morsi decree, security powers to military
(ANSAmed) – CAIRO – Egyptian President Mohamed Morsi has charged the armed forces with maintaining security and protecting state institutions until results of a referendum on a draft constitution...
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Crisis: Greece; jobless rate to hover around 30% by 2014
19 December, 13:18 (ANSAmed) – ATHENS, DECEMBER 19 – Unemployment in Greece will climb to 29.3% in 2013 and 31% in 2014, the German institute of macroeconomic forecasts IfW Kiel predicted on...
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Crisis: Greek exodus abroad in search of work: 49% of the working population...
21 December, 16:41 (ANSAmed) – ATHENS, DECEMBER 21 – With September unemployment hitting a record 26% high (55.4% among those aged under 25), 49% of Greeks are looking for work abroad, according to a...
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Energy: Egypt still under blackout due to fuel shortage / 15 power stations...
28 December, 18:37 (ANSAmed) – ROME, DECEMBER 28 – Over 15 power stations have not produced energy since yesterday due to a lack of fuel (diesel, natural gas and mazut), according to the Egyptian...
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Crisis: Greece; Any transaction in excess of 500 euros only be allowed via...
Crisis: Greece; cash payments ceiling to drop to 500 euros 31 December, 13:39 (ANSAmed) – ATHENS, DECEMBER 31 – In Greece any transaction in excess of 500 euros will soon only be allowed via credit...
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France: 1000+ factories shut down in 2009-2012
Cars, food, pharmaceuticals down, luxury sectors up, Les Echos 05 February, 16:44 (ANSAmed) – PARIS, FEBRUARY 5 – Between 2009-2012, more than 1,000 French factories shut down and over 120,000 jobs...
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Greeks scrabble for food handouts in streets
Free fruit and veg – even the rich are queuing up 07 February, 14:27 People wait in line for a free meal in Athens (archive) (ANSAmed) – ATHENS – When a group of farmers handed out free fruit and...
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Greece: 27% unemployed in Nov 2012, new record high
Up from 26.6% in October 14 February, 12:44 A woman knitting caps on a pavement in central Athens [ARCHIVE MATERIAL 20111212 ] (ANSAmed) – ATHENS, 14 FEB – Unemployment levels in Greece reached...
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Crisis: Greece; over 8 in 10 are unable to repay loans
86% in trouble with mortgage and consumer credit payments 27 February, 16:14 A woman carries bags of goods as she enters the metro station at the main Omonia square in Athens, Greece (ANSAmed) –...
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Athens Mosque will cost Greece 846,000 euros / Even though the an offer from...
The government goes ahead with the plans despite economic crisis 11 March, 12:33 Muslims living in Greece perform Eid al-Fitr morning prayers in Athens (ANSAmed) – ATHENS – It will cost the...
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Crisis: Greece; traffic 40% less on country’s highways
Due to expensive tolls and gas, ongoing road projects 29 May, 13:37 (ANSAmed) – ATHENS, MAY 29 – From the beginning of the financial crisis in Greece, traffic on the highways of the country has...
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Crisis: 72.9% of Spanish under-30s live with their parents
55% youth unemployment, low wages: hard to pay for a house 22 August, 20:24 (ANSAmed) – MADRID – Prolonged recession and record unemployment rates are forcing 72.9% of Spaniards aged under 30 to...
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Turkey: poll; 35% of Turks say they are “suffering”
23 August, 13:29 (ANSAmed) – ISTANBUL, AUGUST 23 – More than one in three Turks considers themselves “suffering,” while major factors affecting their happiness levels are likely to be economic...
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Syria: intervention could unleash global war, Vatican warns
Striking Syria would extend the violence, Monsignor Toso says 02 September, 15:50 (ANSAmed) – ROME, SEPTEMBER 2 – ”The way to solve Syria’s problems cannot be an armed intervention. It would not...
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Greece will need 10 years to bring unemployment under 20%
According to a report by the main private sector union, GSEE 02 September, 13:01 (ANSAmed) – ATHENS, SEPTEMBER 2 – It will take at least 20 years for unemployment in Greece to drop below 10%, according...
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Turkey: ‘Erdogan not a man of his word’, PKK halts retreat
Turkish government did not respect September 1 deadline 05 September, 18:52 (ANSAmed) – ANKARA, SEPTEMBER 5 – Accusing Turkish Premier Recep Tayyip Erdogan of not honoring his agreements, Kurdistan...
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Greece to offer residence permits to foreign investors
19 September, 12:00 (ANSAmed) – ATHENS, SEPTEMBER 19 – Greece’s new favorable regulations on granting residence permits to third-country citizens whose investments are characterized as “strategic” or...
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Saudi Arabian women activists to get back behind the wheel / They will defy...
23 September, 17:40 (ANSAmed) – DUBAI – Saudi women will once again be getting behind the wheel in the ultra-conservative, oil-rich kingdom in a month, in an act of defiance against the law that bans...
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Cyprus: arrest warrant issued for former Central Bank head
27 September, 14:39 (ANSAmed) – NICOSIA, SEPTEMBER 27 – An arrest warrant has been issued against a former Governor of the Central Bank of Cyprus who failed to show up at a court hearing this morning,...
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