In 2006 Mr. Latsis received an honorary doctorate from Witten/Herdecke University in Witten, Germany.
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The German newspaper Die Welt reported where and when Durão Barroso had spent his holiday.
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The Latsis family fortune, managed by Spiros Latsis, includes more than 30% in Hellenic Petroleum, a major petroleum player in Southern Europe, through his ownership of Paneuropean Oil and Industrial Holdings S.A..