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Posted: 3/15/2012 7:40:07 PM EST
U.S. Treasury Secretary Timothy Geithner speaks at the Economic Club of New York March 15, 2012. The economy shows encouraging signs of early expansion but still faces tough challenges that call for measures to create jobs to help restore fiscal sustainability, Geithner said on Thursday. REUTERS/Adam Hunger (UNITED STATES - Tags: POLITICS BUSINESS)
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Posted: 3/15/2012 5:07:25 PM EST
Croatian Deputy Prime Minister and Minister of Economy Radimir Cacic attends an interview in Zagreb March 15, 2012. Croatia may not achieve its targeted 0.8 percent growth this year as it struggles to halt an economic "free fall" ahead of its expected entry into the European Union in 2013, the new centre-left government's key economic official said. The country plans to call an international tender for concessions for gas and oil exploration this year and expects interest from major international companies, Cacic added on Thursday. To match Interview CROATIA-ECONOMY/ REUTERS/Antonio Bronic (CROATIA - Tags: POLITICS BUSINESS)
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Posted: 3/15/2012 5:06:33 PM EST
Croatian Deputy Prime Minister and Minister of Economy Radimir Cacic attends an interview in Zagreb March 15, 2012. Croatia may not achieve its targeted 0.8 percent growth this year as it struggles to halt an economic "free fall" ahead of its expected entry into the European Union in 2013, the new centre-left government's key economic official said. The country plans to call an international tender for concessions for gas and oil exploration this year and expects interest from major international companies, Cacic added on Thursday. To match Interview CROATIA-ECONOMY/ REUTERS/Antonio Bronic (CROATIA - Tags: POLITICS BUSINESS)
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Posted: 3/15/2012 5:05:55 PM EST
Croatian Deputy Prime Minister and Minister of Economy Radimir Cacic attends an interview in Zagreb March 15, 2012. Croatia may not achieve its targeted 0.8 percent growth this year as it struggles to halt an economic "free fall" ahead of its expected entry into the European Union in 2013, the new centre-left government's key economic official said. The country plans to call an international tender for concessions for gas and oil exploration this year and expects interest from major international companies, Cacic added on Thursday. To match Interview CROATIA-ECONOMY/ REUTERS/Antonio Bronic (CROATIA - Tags: POLITICS BUSINESS)
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Posted: 3/15/2012 5:04:36 PM EST
Croatian Deputy Prime Minister and Minister of Economy Radimir Cacic gestures during an interview in Zagreb March 15, 2012. Croatia may not achieve its targeted 0.8 percent growth this year as it struggles to halt an economic "free fall" ahead of its expected entry into the European Union in 2013, the new centre-left government's key economic official said. The country plans to call an international tender for concessions for gas and oil exploration this year and expects interest from major international companies, Cacic added on Thursday. To match Interview CROATIA-ECONOMY REUTERS/Antonio Bronic (CROATIA - Tags: BUSINESS COMMODITIES POLITICS HEADSHOT)
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Posted: 3/15/2012 2:47:57 PM EST
An Albanian worker carries paint buckets during renovation works at a cafe build on the edge of the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:46:58 PM EST
An Albanian worker is seen during renovation works at a cafe build on the edge of the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:46:19 PM EST
An Albanian worker carries a bag of cement during renovation works at a hotel build on the edge of the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:45:34 PM EST
Businessmen look at plans during renovation works at a hotel build on the edge of the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:39:13 PM EST
A local rests on a bench atop the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:38:19 PM EST
A Pakistani worker rests during renovation works at the town of Fira on the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:34:34 PM EST
Architectural details seen on the town of Fira on the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:31:16 PM EST
View from atop the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:28:14 PM EST
Volcanic islets are seen behind a Greek Orthodox church build on the edge of the caldera at the volcanic island of Santorini March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:20:27 PM EST
A replica of the ancient statue of Goddess Aphrodite of Milo is seen behind volcanic islets seen from the island of Santorini in the Aegean Sea, March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:17:56 PM EST
A replica of the ancient statue of Goddess Aphrodite of Milo is seen as the sun sets behind volcanic islets seen from the island of Santorini in the Aegean Sea, March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS)
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Posted: 3/15/2012 2:16:53 PM EST
A replica of the ancient statue of Goddess Aphrodite of Milo is seen as the sun sets behind volcanic islets seen from the island of Santorini in the Aegean Sea, March 15, 2012. Initial data shows pre-bookings for the high summer season from Germany, which accounts for about 14 percent of Greece's total number of visitors, are down 20-30 percent. The drop in pre-bookings from Britain, Italy and the United States is expected to be smaller but still in the double-digit range. Greece's economy is in recession for a fifth consecutive year and is seen contracting by 4.3 percent this year as the government imposes austerity measures in exchange for financial aid from the European Union and the International Monetary Fund. REUTERS/Yannis Behrakis (GREECE - Tags: TRAVEL BUSINESS TPX IMAGES OF THE DAY)
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Posted: 3/15/2012 11:55:46 AM EST
In this March 13, 2012 photo, Gordon Charlop, right, works with fellow traders on the floor of the New York Stock Exchange. European stocks eked out some more gains Thursday, March 15, 2012, as optimism over the U.S. economy and a waning of concerns over Europe's debt crisis continued to shore up markets. (AP Photo/Richard Drew)
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Posted: 3/15/2012 8:50:46 AM EST
In this March 13, 2012 photo, trader John Bishop works on the floor of the New York Stock Exchange. Markets were buoyant Wednesday, March 14, 2012, a day after a fairly rosy assessment of the U.S. economy from the Federal Reserve boosted confidence about the state of the world's largest economy. (AP Photo/Richard Drew)
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Posted: 3/15/2012 7:52:10 AM EST
Workers carry sacks of rice at a warehouse owned by Indonesia's state procurement agency Bulog in Makassar of Indonesia's South Sulawesi province March 15, 2012. Indonesia should decide on how much rice it will import by June, as that is when the government will have a clear idea about the size of the domestic crop, the head of Bulog said on Thursday. Last year, Southeast Asia's largest economy imported 1.9 million tonnes of rice from Thailand, Vietnam and India, to ensure it had plentiful stocks of the staple food, and to avoid stoking food inflation. To match Interview INDONESIA-RICE/BULOG REUTERS/Yusuf Ahmad (INDONESIA - Tags: AGRICULTURE FOOD BUSINESS EMPLOYMENT)
