Thursday, 22 September 2011

Greek finance minister says more austerity needed

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Greece will have to take fresh austerity measures, the debt-ridden country’s finance minister said Wednesday, a day after Athens moved a step closer to getting the vital bailout funds it needs to avoid a disastrous default next month.
“Do we have to take new measures? Yes, we have to take new measures,” Evangelos Venizelos said in parliament ahead of a cabinet meeting, without specifying what they would be.
The minister said that without the supervision of debt inspectors

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