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Wed 02 Feb 2010EU backs Greek austerity package
EUROPEAN COMMISSION chief José Manuel Barroso has declared that his executive will move today to back a swingeing austerity package from the Greek government.
The commission’s endorsement of efforts by the Greek government to bring its wayward deficit to heel came as the administration characterised its troubles as part of a wider euro zone problem, with Spain and Portugal next in the spotlight.
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