Sunday, November 11, 2012

Greece Passes 2013 Austerity Budget

Greek lawmakers have approved the country's 2013 austerity budget involving fresh spending cuts.

The budget passed by a 167-128 vote in the 300-member Parliament.

It came days after a separate bill of deep spending cuts and tax hikes for the next two years squeaked through with a narrow majority following severe disagreements among the three parties in the governing coalition.