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Greece struggles to convince troika

Trying to convince increasingly sceptical international lenders that it is serious about slashing its debts, Greece named a new privatisation chief today and said it would sell a loss-making bank that has been draining state coffers.The latest visit to Athens by inspectors from the European Union, European Central Bank and …

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Bosnia Faces Losing Millions in Lost Trade with Croatia

EU official warns Bosnia that a significant amount of its exports to Croatia may be cut off next year, owing to its failure to impose EU hygiene standards.After Croatia joins the European Union in July 2013, Bosnia may face sharp reductions in its exports, as the country has not harmonized …

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Romanian Opposition to Boycott Presidential Referendum

Supporters of Traian Basescu are being urged to abstain from the vote at end of July, in order to invalidate the result of the referendum on impeaching the President.Romania’s opposition Democratic Liberal Party, PDL, on Tuesday urged its followers not to vote in a July 29 referendum on whether to …

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