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INTERNATIONAL
Tightening Greece’s Belt

Wednesday, June 2, 2010

Greece and the European Union announced a large budget savings program. Guarantee funds, subsidies and even employees’ wages were cut. There are demonstrations everywhere.

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THE sound of the phone ringing was at last heard again at the home of Greek Prime Minister George Papandreou. Home telecommunication lines were connected again after having been “mute” for three days. “It was a pure mistake,” said the management of OTE—the telecommunications company owned by the Greek government—when providing clarification on Wednesday last week.

This story started from a mistake by a technician who wanted to interr

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