1. Greek Parliament Approves Austerity Plan
... 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 enough, but a second bailout is in the works for the July 3rd meeting of euro ... Power Corporation, whose powerful union has close ties to the Socialists (Donadio). Papandreou and Samaras, the leader of the main opposition party, New Democracy, publicly berated each other for letting down the country just prior ...
- Word Count: 1157
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate