Economy/Business News Alert: Greek parliament approves austerity plan

Wednesday, June 29, 2011

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Economy/Business News Alert: Greek parliament approves austerity plan
June 29, 2011 9:17:27 AM
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The Greek parliament on Wednesday approved a controversial package of tax hikes and spending cuts, clearing the way for $17 billion in international emergency loans needed to stave off a possible default.

The party-line vote gives Prime Minister George Papandreou a critical victory in the midst of crisis talks with other European leaders and the International Monetary Fund.

http://link.email.washingtonpost.com/r/92KH5M/0G2FVL/RB7ZRL/BTNIFJ/D80NB/YT/h

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