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PINAS REVERSES FORTUNES WITH VANGUARD GROUP TAKEOVER

Pinas Automobile, long one of Lovia's lackluster companies of the 2000s has started to reverse its fortunes. With Vanguard Group's takeover of the 20-year old brand in late 2010, they have introduced newer models, lower prices and a more youthful look. People have responded by buying 14,000 models since then, in Lovia and around the world.

GREEK ECONOMY IN SHAMBLES Greeks have taken to the streets again to protest harsh austerity measures. But, as the crisis deepens, it is possible those measures are not enough. In August, government revenues went down by €1.9 billion while spending went up by €2.7 billion. Combined with the protests and massive strikes, it will be a while before Greece is back on track.