Wednesday, June 29, 2011

Greece Austerity Vote

Greece Austerity Vote: Greek protests flare ahead of austerity vote: The Greek parliament is due to vote on the austerity bill. Protesters on the second day of a general strike are determined to stop the bill: Voting started just after 3:35 pm Athens time (1235 GMT) on the massive austerity plan for Greece to save the country from default and the eurozone from contagion.

The 300-seat legislature was called to adopt a 28.4-billion-euro package of tax rises, spending cuts and privatisations demanded by international creditors the EU and IMF.

"The decision of PASOK (the governing party) has been taken to carry the vote," Venizelos said with voting, slightly delayed, set to begin after violent clashes outside the assembly between police and protesters.
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