1. Greek Parliament Approves Austerity Plan
... state, Greece is unable to raise money in the private market and will not be able to pay its bills without the loan (Chu). "The choice is simple: Either we press ahead with the road of change, a road that is difficult, or we choose catastrophe," said Papandreou to the Parliament just before the vote. "We choose the first. We ask you to give Greece a ... knows that your party is responsible for the current situation," Papandreou told Samaras, alluding to the debt that accumulated exponentially in 2009 while the New Democracy held power. Papandreou, who made several failed overtures to th...
- Word Count: 1157
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate