Greek parliament starts austerity debate ahead of vote

By REUTERS
June 29, 2011 11:08

 
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ATHENS - The Greek parliament began debating a sweeping austerity plan on Wednesday after signs that the government will succeed in passing the deeply unpopular package, which has been demanded by its international creditors.

With Greece risking bankruptcy if the measures are blocked, parliament is expected to vote in the early afternoon on the mix of spending cuts, tax increases and privatizations agreed under a massive bailout by the European Union and the International Monetary Fund.

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