By editor
Originally published on Sat September 29, 2012 11:25 pm
The Greek government is set to present a new austerity budget on Monday that's supposed to please the institutions that are lending billions to the country to save it from bankruptcy.
But the cuts also come at a time when a deep recession has dragged into its fifth year. More than a third of businesses in Greece have closed, and nearly a quarter of Greeks are unemployed.
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