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Daily Archives: September 5, 2012

Greece Picks Norwegian PGS for Offshore Oil, Gas Research

Greece selected Norway’s Petroleum Geo-Services (PGS) to carry out offshore seismic tests in the country’s south and west, the government said on Wednesday, paving the way for the launch of an oil and gas drilling bidding round in 2014. Oslo-based PGS will send a ship to the Ionian Sea and off …

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Greece to Use Water Instead of Teargas Against Rioters

“Tear gas has exhausted its effectiveness, we’re thinking to use water against rioters,” Greek Minister of Citizen protection Nikos Dendias said on Wednesday. Speaking to Real FM, Dendias described the use of water as an “attempt by the Greek police to focus on more modern ways.” As the autumn is expected to …

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KEPE: Greece’s Debt not Sustainable without Interventions

Greece’s public debt is on a non- sustainable path even after a restructuring earlier this year, the nation’s Center of Planning and Economic Research said. The country will not be able to cut its debt to 120 percent of gross domestic product by 2020, as required under a bailout from …

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