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Greece says deficit cut by 42%

Greek Finance Minister George Papaconstantinou said on Monday (July 5th) that Greece has managed to slash its budget deficit by 42% since the beginning of the year. According to the Central Bank, the deficit is now 4.9% of GDP, or 11.45 billion euros, compared to 19.685 billion euros a year …

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Hague tribunal weighs Haradinaj’s appeal

According to an announcement Monday, an appeals chamber of the UN war crimes tribunal plans to rule July 21st on the verdict handed down to former Kosovo Prime Minister Ramush Haradinaj and two other former

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Putin sets out new strategy for N. Caucasus

Russian Prime Minister Vladimir Putin has outlined new initiatives to boost economic development in the restive North Caucasus. Russia is fighting a growing Islamist insurgency in the region fueled by poverty, unemployment and corruption. Speaking in Kislovodsk, in Russia’s southern Stavropol region, Putin called on

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