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Posted: 2/21/2013 3:58:34 AM EST
In this Nov. 22, 2012 photo, Amedeo Tartarini looks up as he visits an apartment in Nove, near Vicenza, Italy. Tartarini's goldsmith business thrived for decades in Italy's postwar boom, but the country's financial crisis and cheap competition from China brought it to an end. In many rich countries, a person like Tartarini, who has lost his home, his business and his life’s savings, might have ended up on the street. Instead, he has managed to keep afloat thanks to friends and community spirit. (AP Photo/Antonio Calanni)
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Posted: 2/21/2013 3:58:34 AM EST
In this Nov. 22, 2012 photo, Amedeo Tartarini puts his head in his hand during an interview in Nove, near Vicenza, Italy. Tartarini's goldsmith business thrived for decades in Italy's postwar boom, but the country's financial crisis and cheap competition from China brought it to an end. In many rich countries, a person like Tartarini, who has lost his home, his business and his life’s savings, might have ended up on the street. Instead, he has managed to keep afloat thanks to friends and community spirit. (AP Photo/Antonio Calanni)
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Posted: 2/21/2013 3:58:33 AM EST
In this Nov. 22, 2012 photo, Amedeo Tartarini gestures during an interview in Nove, near Vicenza, Italy. Tartarini's goldsmith business thrived for decades in Italy's postwar boom, but the country's financial crisis and cheap competition from China brought it to an end. In many rich countries, a person like Tartarini, who has lost his home, his business and his life’s savings, might have ended up on the street. Instead, he has managed to keep afloat thanks to friends and community spirit. (AP Photo/Antonio Calanni)
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Posted: 2/19/2013 6:23:24 AM EST
Containers are piled up at the Duisburg harbour, Germany, Thursday, Feb. 14, 2013. The German economy shrank by a larger-than-expected 0.6 percent in the final quarter in 2012, official figures showed Thursday, Feb. 14, 2013, in a clear sign that the European financial crisis took its toll on the continent's largest economy. The quarterly decline was primarily due to a drop in exports as demand weakened from other European nations, many of which are in recession, the Federal Statistical Office said. (AP Photo/Frank Augstein)
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Posted: 2/17/2013 2:08:28 PM EST
Right-wing opposition leader and presidential candidate Nicos Anastasiades votes in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting for a new president amid a financial crisis in which the country needs a rescue package from international creditors to stave off bankruptcy. (AP Photo/Petros Karadjias)
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Posted: 2/17/2013 11:23:22 AM EST
A woman, right, leaves a polling booth as a mother with her child votes in an other booth in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting Sunday for a new president who must tackle a financial crisis that has forced the country to seek international rescue money to stay solvent. (AP Photo/Petros Karadjias)
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Posted: 2/17/2013 7:08:24 AM EST
A woman, right, leaves a polling booth as a mother with her child votes in an other booth in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting Sunday for a new president who must tackle a financial crisis that has forced the country to seek international rescue money to stay solvent. (AP Photo/Petros Karadjias)
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Posted: 2/17/2013 7:08:24 AM EST
A man votes in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting Sunday for a new president who must tackle a financial crisis that has forced the country to seek international rescue money to stay solvent. (AP Photo/Petros Karadjias)
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Posted: 2/17/2013 7:08:24 AM EST
Presidential candidate Giorgos Lillikas and his son Orfeas vote in the Presidential election in capital Nicosia, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting for a new president amid a financial crisis in which the country needs a rescue package from international creditors to stave off bankruptcy. (AP Photo/Philippos Christou)
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Posted: 2/17/2013 7:08:24 AM EST
Left-wing presidential candidate Stavros Malas laves a polling booth after voting in the Presidential election in capital Nicosia, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting for a new president amid a financial crisis in which the country needs a rescue package from international creditors to stave off bankruptcy. (AP Photo/Philippos Christou)
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Posted: 2/17/2013 7:08:24 AM EST
A man leaves the polling booth as he votes in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 17, 2013. Cypriots are voting Sunday for a new president who must tackle a financial crisis that has forced the country to seek international rescue money to stay solvent. (AP Photo/Petros Karadjias)
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Posted: 2/14/2013 6:33:20 AM EST
FILE - In this Jan. 11, 2012 file photo containers are piling at the harbor in Duisburg, Germany. The German economy shrank by a larger-than-expected 0.6 percent in the final quarter in 2012, official figures showed Thursday, Feb. 14, 2013, in a clear sign that the European financial crisis took its toll on the continent's largest economy. The quarterly decline was primarily due to a drop in exports as demand weakened from other European nations, many of which are in recession, the Federal Statistical Office said. (AP Photo/Frank Augstein, File)
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Posted: 2/5/2013 7:53:52 AM EST
FILE - This Oct. 9, 2011 file photo shows 55 Water Street, home of Standard & Poor's, in New York. S&P said Monday, Feb. 4, 2013, the U.S. government is expected to file civil charges against Standard & Poor's Ratings Services, alleging that it improperly gave high ratings to mortgage debt that later plunged in value and helped fuel the 2008 financial crisis. The charges would mark the first enforcement action the government has taken against a major rating agency involving the worst financial crisis since the Great Depression. (AP Photo/Henny Ray Abrams, File)
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Posted: 2/1/2013 1:18:25 PM EST
Trader John Panin, left, works on the floor of the New York Stock Exchange, Friday, Feb. 1, 2013. The Dow Jones industrial average briefly topped 14,000 on Friday morning, a milestone not seen since before the financial crisis rocked the markets and the world economy. Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of Europe. (AP Photo/Richard Drew)
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Posted: 2/1/2013 1:18:25 PM EST
Traders David O'Day, left, and Mathias Roberts work on the floor of the New York Stock Exchange, Friday, Feb. 1, 2013. The Dow Jones industrial average briefly topped 14,000 on Friday morning, a milestone not seen since before the financial crisis rocked the markets and the world economy. Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of Europe. (AP Photo/Richard Drew)
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Posted: 1/28/2013 5:33:26 PM EST
FILE - In this Thursday, May 10, 2012, file photo, automobiles pass a JP Morgan Chase building in New York. The financial crisis hammered banks and choked off loans to businesses and consumers. But lending has been rebounding. Mortgage and auto loans are rising. Commercial and industrial loans rose 2.2 percent in the July-September quarter of 2012 from the same period a year earlier. (AP Photo/Frank Franklin II, File)
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Posted: 1/8/2013 9:43:26 AM EST
European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor addresses the media, at the European Commission headquarters in Brussels, Tuesday, Jan. 8, 2013. The European Union's employment chief sees the financial crisis creating a ''new divide'' between the north and south, deepened by record unemployment and a fraying social security net which are unlikely to improve in 2013. (AP Photo/Yves Logghe)
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Posted: 1/8/2013 9:43:26 AM EST
European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor addresses the media, at the European Commission headquarters in Brussels, Tuesday, Jan. 8, 2013. The European Union's employment chief sees the financial crisis creating a ''new divide'' between the north and south, deepened by record unemployment and a fraying social security net which are unlikely to improve in 2013. (AP Photo/Yves Logghe)
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Posted: 1/8/2013 9:43:26 AM EST
European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor walks in to address the media, at the European Commission headquarters in Brussels, Tuesday, Jan. 8, 2013. The European Union's employment chief sees the financial crisis creating a ''new divide'' between the north and south, deepened by record unemployment and a fraying social security net which are unlikely to improve in 2013. (AP Photo/Yves Logghe)
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Posted: 1/7/2013 12:13:27 PM EST
A homeless man sits on an old sofa on a pedestrian street in the northern port city of Thessaloniki , Greece, on Monday, Jan. 7, 2013. Greece has entered a sixth year of economic recession, and faces record high unemployment and homelessness rates as it struggles to tackle an acute financial crisis that has forced drastic cuts in state spending. (AP Photo/Nikolas Giakoumidis)