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Germany's unemployment rate hit record lows, while Spain's is going through the ceiling (Photo: YoungJ523)

Greece warns of euro-exit as EU economies drift apart

Greece may have to exit the eurozone if it fails to secure its second EU-IMF bail-out its government has warned, amid new protests against spending cuts.

"The bailout agreement needs to be signed otherwise we will be out of the markets, out of the euro," government spokesman Pantelis Kapsis told Skai TV on Tuesday (3 January).

The day before, doctors and pharmacists went on strike in reaction to planned spending cuts, with hospitals taking emergency cases only until Thursday.

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Germany's unemployment rate hit record lows, while Spain's is going through the ceiling (Photo: YoungJ523)

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