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French government invokes special power to pass centerpiece economic reform without vote

PARIS – The French government has decided to invoke a constitutional article allowing for passage of a bill without a vote to get its economic reform bill through a contentious lower house. The decision came shortly before a scheduled vote on the measure that is a centerpiece of President Francois …

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Focus on Greek bank deposit withdrawals as country hopes to avoid lockdown of financial system

NICOSIA, Cyprus – The longer it takes to secure a deal to keep Greece in the euro, the greater the risk the country will have to put its financial system in lockdown to prevent worried savers from pulling money out in droves. Banking industry figures suggest Greeks have been taking …

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Lithuania to reinstate compulsory military service as Ukraine crisis provokes concern

VILNIUS, Lithuania – Lithuania has decided to restore compulsory military service for young men as tensions in Ukraine continue to worry the small Baltic nation. After a meeting of military leaders and top government officials, President Dalia Grybauskaite said Tuesday the measure was necessary because of “growing aggression” in Ukraine. …

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