1. Greek Parliament Approves Austerity Plan
... tax increases, wage cuts, and the privatization of 50 billion euros, or about $72 billion, in state assets. However, many are concerned that the measure will not be enough, but a second bailout is in the works for the July 3rd meeting of euro zone finance ministers in Brussels. The bill was met with outrage as thousands of residents protested in the streets ... the Public Power Corporation. Athanassiadis said that Papandreou's pledge to guarantee transparency in the selloff of the utility ultimately swayed his vote. Elsa Papadimitriou, a legislator from New Democracy voted for the measu...
- Word Count: 1157
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate