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NEWS and REPORTS => World News => Topic started by: emezico on Jun 22, 2011, 02:25 AM

Title: Greek Prime Minister survives confidence vote
Post by: emezico on Jun 22, 2011, 02:25 AM
The Greek government has won a critical vote of confidence in parliament as it struggles to win support for extra austerity measures and avoid a default.

Prime Minister George Papandreou's new cabinet was approved by 155 votes to 143, with two abstentions.

MPs will now be asked to approve 28bn euros (£25bn) of cuts, tax rises, fiscal reforms and privatisation plans.

Eurozone ministers say the legislation must be passed to receive a 12bn-euro loan Greece needs to pay its debts.


BBC