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Tuesday, March 23, 2010

Greece is "one step from being unable to borrow"

Greek Prime Minister George Papandreou warned on Friday his country was one step from being unable to borrow and appealed to labor unionists to support his efforts to escape a debt crisis shaking the euro zone.

Speaking to the country's biggest union, GSEE, which has staged protests and strikes against his austerity plan, Papandreou said he was battling against vested interests at home and market speculators abroad.

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