1. Greek Parliament Approves Austerity Plan
... Greek Parliament finally consented to Prime Minister George 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 ... the measure would be approved. Afterwards, they dropped back to normal. Investors foresaw widespread repercussions throughout the international financial system in the wake of a collapse in Greece. Ireland...
- Word Count: 1157
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate