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Eurozone finance ministers starting to lose patience with Greece

Head of the Eurogroup, Jeroen Dijsselbloem, said the Eurozone finance ministers were starting to lose patience with  debt-laden Greece. The Eurogroup is made up of the finance ministers from the 17 nations that use the single European currency. Greece has

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Greek debt is containable, says the troika

The troika, which includes the European Commission, the European Central Bank and International Monetary Fund (IMF), has said Greece will return to growth in 2014 after the release of the next tranche of financial support. The troika recently reviewed the

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EU summit concludes without a deal, Cyprus makes a “good progress”

After the two-day special summit, negotiations on the EU’s trillion-euro budget framework for 2014-2020 were postponed until next year. “Based on my proposal, there is no agreement,” European Council President Herman Van Rompuy said in a press conference, referring to

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Six Day Work Week Suggested For Greece

In an email sent to the Greek Ministries of Finance and Labor, Greece’s international lenders have suggested that Greece should introduce a six day work week. Other proposals made by the Troika in exchange for the second bailout include reducing

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