New protests planned for today Greek unions, the media reported in our southern neighbor. Three-hour strike, which will run from 12 am to 15 pm, convened by the Panhellenic Federation of Workers in the railway sector. During this time he will stop the movement of trains on the railway network in the country, rail and ground in the area of the capital. Another federation of civil servants did convene a meeting to protest against the government adopted stringent measures to savings. The demonstration began at 18 am in front of the University of Athens and it will also involve working in the private sector. “Workers sent a clear message of resistance against anti-social, unfair and meaningless measures of the government”, says the union message. Federation accuses the government that continues “the policy of increasing the tax burden on workers and pensioners, while preparing a new attack against the security rights with a reduction in pensions, raising the retirement age and changing the nature of the social insurance system. At the same time in Brussels is looking for options for direct financial assistance. Head of the group of eurozone finance ministers Jean-Claude Juncker said he did not exclude the possibility that Greece should be supported jointly by the European countries and the International Monetary Fund, although it stressed that it supports the idea of recourse to the International Monetary Fund (IMF) .
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Only 3 votes majority in U.S. Congress was carried out health reform Barack Obama, which solves the problem of 32 million Americans without health insurance. Cohesive Republicans voted against reform, says in an analysis DW. It was a historic decision. For decades the U.S. was the only industrial nation that deny their citizens the right to health insurance. Now end this shameful situation. With the vote in the House of Representatives now 32 million uninsured Americans get health insurance. And something more: the intolerable practice of insurance companies to cancel the insurance of persons received severe disease will be eradicated, as well as the possibility of being denied health insurance to people with the justification that they have suffered in the past.
Against reform or against Obama?
When the vote is now the law is not quite the big breakthrough, as was originally thought. More than a year-long struggle that led to the reform, leaving traces. Remained outside the reform package, for example, for the formation of a government insurance. Also, funding of benefits is not as stable as it was originally intended. However, long viewed the health care reform should lead to savings by which to reduce the gigantic government deficit.
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The German banks make money at the expense of Greece, gave Prime Minister Theodoros Pangalos accused. He explained that this occurs when his country is waiting from Berlin and the EU assistance to remedy its financial system. “What can be seen from the German position is that banks in Germany have speculated with the bonds to its counterparts in the euro area, as allowed to play with the fate of unhappy people in my country, while on their back in Germany, make money,” said Pangalos. With almost 43 billion euro loan banks are Germany’s biggest creditor of Greece. Berlin last week to oppose the idea of providing new financial assistance to Athens and said that the Greek government only has to cope with the crisis. Greek deputy is one of the most fierce opponents of Germany. His name was implicated in a month ago, the media war between the German magazine Focus, and two Greek newspapers. Pangalos then Germany criticized the attitude of the Greek financial crisis, stressing that Athens never received adequate reparations for World War II. And came to an official note from the the German Foreign Ministry, which said that discussions about the past do not help to solve today’s problems. Now Pangalos prosecution argued with Germany’s export expansion. “Although the countries of Southern Europe suffer from the fall of the euro, German exports because of rising profits, which made massive Germany”, said Deputy Prime Minister of our southern neighbor.
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The financial crisis has cut down bag and rapid pace of global markets and shattered dreams of many businessmen. Where are the causes of the crisis and how to prevent the next recession, analyzed in a report of 48 pages of former Chairman U.S. Federal Reserve (Fed) Alan Greenspan. Greenspan acknowledged that the main fault and regulators have not valued the size of the property bubble, and because they were not insistent enough to require them to increase their capital each year. The second factor in the germ of the crisis is unreal financial sector and big business. Many companies seek to Incorporating a Business to expand the services offered and the cost of their execution. In the same time the basic of economy recovering is small business, which is mostly placed in the real sector of economy. Small business is primarily based on performance and output of their work. This creates a real business development and economy. At the same time, the government stimulates the development of mainly big business corporations and financial institutions. Small businesses remain in the shadows again and fight for survival alone. Many directories are presenting business development and companies, such as the Business Directory.
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The Italian national flag carrier said it withheld or delayed flights across the country announced a four-hour strike because the pilots, flight staff and employees in handling baggage, gave the world news agencies. The strike began at 13 hours CET and will last 4 hours. According to the airline’s unions in the protest have been involved and employees of smaller company Meridian fly. AlItalia from assured, however, that none of its scheduled flights will not be affected. Unions, bringing together pilots and flight personnel, stressed that the strike in protest against plans to restructure the national flag carrier of Italy. Employees on luggage did not complain of the failure of negotiations on a new contract after two years. AlIalia announced that shortens undetermined number of flights during four hours of the protest period, the tickets will be passenger re-booked other flights during the day. Meanwhile British Airways reported one of the worst days for the airline’s third and last day of the protest. Organization of trade union Unite have announced that only 300 of a total of 2.2 thousand of the company’s air crews worked through the weekend, cited by BBC.
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One of the longest Papers bills in the U.S. in the last year – that of health care reform passed its most difficult test. Yesterday the U.S. House of Representatives Parliament approved the text of the law providing for the state to finance health care for more than 32 million uninsured citizens at that time. According to calculations made in the next 10 years the new health insurance system will cost U.S. taxpayers 920 billion dollars. The United States remains capable of great things Barack Obama said the president shortly after the House approved a historic reform. Obama argues that voting is a new stone, lay a solid foundation in the American dream. ” “Tonight we have the burden of policy prevailed, and all our specialists have argued that this is not possible,” he said, smiling, but distantly. The U.S. President congratulated the congressional that have approved the most profound reform in the health system since the mid 60-ies of the 20 th century. I know that this was not an easy vote, but it was correct, he said. Obama pointed out that “it is not radical reform, but reform is very important. “This law will not fix all the problems of our health care system,” he admitted, but expressed confidence that the package “moves us in the right direction.”
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The European Commission President Jose Manuel Barroso insisted before the EU leaders to take more decisive action on financial assistance to Greece before the summit, which will be held on March 25, wrote the international agencies. In an interview in today’s edition of the German edition Handelsblatt Barroso stated that the Commission is working on a plan to settle on a system of bilateral loans to Greece, he stated that this should happen as soon as possible. Have after the meeting to give a clear signal of how they will react to the situation. Otherwise, there would come much uncertainty as this may endanger the stability of the euro area and to encourage speculation, further indicates the head of the EC. Barroso added that the decision should be taken on a principled basis and to prepare a mechanism for possible action, if Greece decides to resort to it. Germany’s Chancellor Angela Merkel is the most serious obstacle to the adoption of a plan for Greece, which provides for EU funding for Athens. Recalled its statement at the end of last week, in which Merkel stated that the upcoming meeting on Thursday does not foresee the vote on a financial package to Greece.
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The Government of the Russian Federation will again be able to reach the cherished 4 percent budget deficit in 2011, even under the most stringent economies, said Reuters. At the end of last year, Putin’s cabinet approved the main features of the budget for 2010-2012, which provide for the deficit be reduced by 6.8 percent of gross domestic product (GDP) to reach 4 percent in 2011 and to 3% in 2012 Originally the government planned budget deficit for 2010 is not more than 5 percent of GDP, but preliminary and comparative data, it will even increase by 2% to 7% annually. “Even if you implement the most violent measures, which provides the Finance Minister Alexei Kudrin, but unfortunately no one seriously considered, I will not be achieved cherished 5 percent,” said a senior source from Reuters Economic Office. Two days ago during a conference dedicated to federal financial programs targeted for 2011, Prime Minister Putin said that in coming years the budget should be prepared on a conservative basis and move gradually to reduce the budget deficit. He did not report specific numbers, which is defined as a setback for the program previously applied to reduce the deficit to 3% by 2012. According to Reuters the source of the meeting were not taken any concrete decision, because two weeks should be reviewed all programs and reduce their limits, because the “hole” in the budget is already 600 billion rubles (over 14 billion euro).
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The Internet giant Google is preparing an offensive in the search services of television productions, says Wall Street Journal, citing its own sources. Internet giant is allied with U.S. satellite TV provider Dish Network, with whom he co-developed the new service. However, neither Google, nor TV operator confirmed information of the Wall Street Journal. It is believed that the new service will work on the television equipment in the management of operating system Android. Users will be able to find movies and TV shows on the satellite network provider, and the popular video site YouTube. The text search will be introduced through console’s remote control or keyboard.
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The U.S. energy giant Exxon Mobil Corp. increase their investments this year by 4% to $ 28 billion, hoping to increase their share of world market for the extraction of natural gas, the company reported, quoted by the agency Reuters. Consumption of natural gas in the world will grow over the next decade, as forecast by the Director-General argued the intention of the American company Tilersan Rex. Currently among the largest projects for exploration and extraction of natural gas deposits are Exxon Mobil in Qatar, and completed the acquisition of U.S. gas company XTO Energy Inc for $ 28 billion. By 2014, Exxon Mobil plans to invest each year between $ 25 and $ 30 billion in this year the company will increase by 3-4 percent yields, but in the long term – an average of 2.3 percent per year.
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