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Could Bitcoin Save Athens?
Friday, June 12, 2015 - 8:18am | 392After the International Monetary Fund turned its back on debt negotiations with Greece on Thursday, many began to worry that the nation's efforts to appease creditors while reversing austerity cuts would prove to be fruitless. With a €1.5 billion payment due at the end of this month,...
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Report: Greece Will Run Out Of Cash In 7 Days
Thursday, April 2, 2015 - 10:38am | 233In seven days Greece will run out cash, Reuters reported on Thursday. The country notified its creditors that it will have no more cash on April 9, emphasizing the urgent appeal for more loans. Reuters noted that the appeal was made on teleconference call on Wednesday with eurozone deputy finance...
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Rajoy to Unveil Spain's 2013 Budget Amid Euro Decline
Thursday, September 27, 2012 - 3:05pm | 314The euro continues to steadily decline against the U.S. dollar, closing the market Wednesday at 1.2874. According to CNBC, prices were expected to rise Thursday morning in anticipation of Prime Minister Mariano Rajoy's unveiling of Spain's 2013 budget. Amid violent protests, Rajoy is expected...
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How to Profit as Greece Shuts Down Again
Thursday, September 22, 2011 - 8:06am | 1049The Capitol of Greece was brought to a standstill on Thursday as thousands of public transport workers went on strike in protest of the latest round of austerity measures that are aimed at convincing Greece's international creditors that the country is serious about reducing its fiscal deficits....
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Athens – The Haven of Ancient Architecture and Modern Amenities
Tuesday, December 22, 2009 - 10:03am | 206The birthplace of democracy, Athens, has been undergoing a period of urban renewal since the city was host to the 2004 Olympics. Considered to be one of Europe’s liveliest and safest cities, Athens leaves its visitors with a long lasting impression of its vibrant street life and relaxed lifestyle....