1. Greek Parliament Approves Austerity Plan
... Papandreou's package of austerity measures - the only factor standing in the way of Greece receiving the $17 billion from the European Union, the European Central Bank, and the International Monetary Fund that it needed to survive the summer without defaulting. The 155 to 138 vote approved 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 ... belong to middle class, that doesn't exist anymore. There's only rich and poor" (Donadio). Anastasia Arvanitiki, another protest...
- Word Count: 1157
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate