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Austerity on the Homefront in Greece

George Vagelakos was just able to make ends meet on a pension of 650 euros -- or about 850 US dollars a month. Then the economic crisis hit Greece. Now the 75-year-old faces hefty new taxes. He is helping support his recently unemployed son's family. And now, as Christmas approaches, he won't be able to buy anything for his grandchildren. They have cut back on everything.
 
 
 

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