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Greece acts to ease debt worries
Government seeks to assure citizens that the country will not default on its debt.
Last Modified: 04 Jan 2010 13:35 GMT


With the global economy still struggling, the Greek government insists there is no danger of the country defaulting on its debt and needing a bail-out from partners in the euro zone.
 
It comes after panic hit the Athens stock exchange in December, when leading agencies downgraded Greece’s credit rating after a sharp rise in the deficit.
 
In an attempt to restore confidence, the government has announced a freeze on wages in the public sector.
 
Barnaby Phillips reports from Athens.

Source:
Al Jazeera
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