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EU leaders hold two-day summit in Brussels to discuss greater fiscal unitySharp divisions between France and Germany on speed of banking union implementationMerkel calls for creation of “super commissioner” to veto countries’ national budgetsGreeks hit streets in two-day nationwide protests over latest austerity measures European Union leaders are gathering at yet another summit in Brussels to discuss greater banking and fiscal cooperation in an effort to preserve the euro currency in the face of the debt crisis.Meeting for the fourth time this year, leaders are expected to discuss proposals for eurozone-wide oversight of countries’ banks and budgets.At the same time, [...]

Media reports say that creditors are demanding an extension to the Greek working weekEurostat: As of May 2012, 53.8% of young Greeks were unemployedEurozone members are waiting for the troika’s report on Greece’s troubled economyAthens, Greece — Georgia Pandermi is looking for her first job, and she’s not having much luck.”Even at bars or restaurants. I thought it would be easier to find something as long as I wasn’t being very demanding,” she told CNN.Pandermi, 18, is a recent high school graduate in the middle-class Athens neighborhood of Patissia. She has already asked at several shops and a supermarket but [...]