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Papandreou Takes on Greek Unions to Push Through Cuts (Update1)

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In unions’ first major challenge since Papandreou’s Oct. 4 election, teachers, hospital workers and tax collectors will strike for 24 hours on Feb. 10 as 600,000 public workers oppose his plan to freeze wages and reduce benefits. Today, the union said it may join a private-sector walkout
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Papandreou Takes on Greek Unions to Push Through Cuts (Update1) - Bloomberg.com

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In unions’ first major challenge since Papandreou’s Oct. 4 election, teachers, hospital workers and tax collectors will strike for 24 hours on Feb. 10 as 600,000 public workers oppose his plan to freeze wages and reduce benefits. Today, the union said it may join a private-sector walkout
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Papandreou Squares Off With Unions to Push Through Budget Cuts

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In unions’ first major challenge since Papandreou’s Oct. 4 election, teachers, hospital workers and tax collectors will strike for 24 hours on Feb. 10 as 600,000 public workers oppose his plan to freeze wages and reduce benefits. Private-sector workers will follow on Feb. 24. Opponents of
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Papandreou Squares Off With Unions to Push Through Budget Cuts - Bloomberg.com

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In unions’ first major challenge since Papandreou’s Oct. 4 election, teachers, hospital workers and tax collectors will strike for 24 hours on Feb. 10 as 600,000 public workers oppose his plan to freeze wages and reduce benefits. Private-sector workers will follow on Feb. 24. Opponents of
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Korean Won Tumbles as Europe Debt Concerns Reduce Risk Appetite

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By Bob Chen The currency fell to a six-week low as global stocks plunged and foreign investors sold more Korean shares than they bought. The cost to protect against European countries defaulting on their debt has exceeded that of U.S. investment- grade companies for the first time, Bank
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Kraft Raises $9.5 Billion to Fund Buyout After Sweetening Terms - Bloomberg.com

The company, the world’s second-largest foodmaker , widened the spread of each maturity in its four-part offering, according to a person familiar with the issue. Kraft is seeking to finance the cash portion of its takeover of Cadbury Plc. Kraft completed the biggest bond offering by a

Nordic Currencies: Krone Declines as Stock Markets, Oil Fall

By Bo Nielsen The krone also fell against the euro after the Norges Bank kept the benchmark deposit rate at 1.75 percent yesterday and said a stronger currency may postpone future rate increases. The Swedish krona slid as the MSCI World Index of global stocks dropped 1.9