Greek parliament approves austerity budget

posted by
December 6, 2011
Posted in News

"Greece's coalition government on Wednesday passed an austerity 2012 budget aimed at shrinking its debt mountain with tax hikes and spending cuts, hours after protesters clashed with police outside parliament. Three major parties backing technocrat Prime Minister Lucas Papademos solidly voted for the budget, a package of deeply unpopular measures needed to cut the deficit and show foreign lenders the country is sorting out its finances." (12/06/11)  

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