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LONDON/ATHENS (Reuters) – Markets saluted a euro zone deal on a huge standby rescue package. not guarantee Greece’s long-term solvency,” Ben May of Capital Economics in London said in a note to clients. Alessandro.

These things get around, they create a bad image," said Anna Anifanti, director of the Hellenic Association of Travel and. and rich antiquities, Greece is one of Europe’s top five summer holiday destinations along with Spain, Italy, France.

Greece is close to bankruptcy, and the bailout packages it has received will expire Tuesday. costs for other Eurozone countries with heavy debt loads — such as Italy and Portugal — from rising to unsustainable levels. “For all the.

Eurozone finance ministers sealed a deal Tuesday morning for a second bailout for Greece, including €130 billion ($173. leading to some of the worst riots in the country in recent years. The package, which included deep cuts in.

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December 23, 2011 – After a series of credit downgrades and exposure to the financial crisis in Greece. a ban on short selling stock in Italy. September 7, 2011 – The Italian Senate votes to approves an austerity package designed to.

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This aid package is conditioned on Greece bringing down its deficit to 3 percent of GDP by 2014. The European Union provided a $955 billion bailout to stanch the burgeoning sovereign debt problems of Portugal, Spain, Italy and Ireland.

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With current FCO advice against travel to some areas of Tunisia and against all but essential travel to the rest, package holiday companies. People are also heading to France and Italy on city breaks, Greece for longer holidays, and out.

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You could be forgiven for thinking you’re in Greece when you step into your.

Eurozone finance ministers meet again on Wednesday, to decide whether the Greek government’s new reform package meets the bailout conditions. has drawn up plans to ease the burden faced by Italy and Greece, but the idea of.

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Now that the Greek government has formally requested a new three-year bailout package from European creditors, a number of legislative and political steps await. Greece’s Parliament. U.S. Embassy in Ethiopia issued a travel.

The pact, negotiated in Brussels, is part of a rescue package. Italy — the euro zone’s third-largest economy — the risk seemed worth taking by many of Europe’s leaders. Germany, which is paying the biggest portion of the bill to bail out.

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The measure will come The new Greek government, under charismatic leader Alexis Tsipras, wants to renegotiate the conditions attached to the bailout package. the BRICS’ alliance. Greece has nothing to lose by heading for the exit.