Archive for the ‘Greece’ Category

Crisis In Greece — News Roundup

February 14, 2012

 

Greek Parliament Passes Austerity Plan After Riots Rage — New York Times

ATHENS — After violent protests left dozens of buildings aflame in Athens, the Greek Parliament voted early on Monday to approve a package of harsh austerity measures demanded by the country’s foreign lenders in exchange for new loans to keep Greece from defaulting on its debt.

Though it came after days of intense debate and the resignation of several ministers in protest, in the end the vote on the austerity measures was not close: 199 in favor and 74 opposed, with 27 abstentions or blank ballots. The Parliament also gave the government the authority to sign a new loan agreement with the foreign lenders and approve a broader arrangement to reduce the amount Greece must repay to its bondholders.

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More News On The Crisis In Greece

Despite riots, Greece pushes ahead with austerity — Christian Science Monitor
Greeks clean up damage after riots engulf Athens over new austerity deal voted in Parliament — Washington Post/AP
Athens ablaze as harsh austerity deal OKd — UPI
45 buildings set on fire, 67 protesters arrested, in Athens — ABC News
Greece Passes New Austerity Measures as Athens Burns — Atlantic
Greece still to convince Europe over rescue deal — Reuters
Despite parliament approval of austerity, obstacles remain for Greek bailout deal — Washington Post/AP
Chafing at insults, Germany loses patience with Greece — Reuters

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