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    Angela Merkel hails Greece austerity measures


    by PressTV

    Eurozone woes continue to grow in the bloc and beyond as major economies struggle to reduce their deficit and Greece lingers on the edge. Tens of thousands of Greeks were outside parliament once again - this time to protest the German Chancellor’s visit to their country. Other major economies, though still in better shape, are struggling with slow growth and high unemployment. Now, British threats to veto a new fiscal deal aimed at saving the euro could soon push the bloc into a double dip recession.