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Greece Passes Austerity Budget Amid Rancor

These new pictures from last week's riots are pretty amazing - 27 total...

Start the slideshow...


The story on the Greek austerity budget is detailed inside.


Source - WSJ

ATHENS—The Greek socialist government passed its 2011 austerity budget early Thursday, despite criticism from it own ranks and a wave of strikes and protests over the past two weeks.

Greece's passage of the budget is a key precondition for it to draw further aid from bailout funds provided by its international lenders of last resort to avert a debt default.

Earlier Wednesday, Greece's two largest unions held rallies in front of Parliament, attracting several hundred protesters against the key budget vote.

Unlike last Wednesday, the protests didn't spark violence, but a 24-hour public-transport strike caused havoc in Athens.

Continue reading at the WSJ...



Slideshow from earlier this week...




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Reader Comments (3)

Where do you get your info? It looks as you have taken a 2009 story and put instead new dates on it. It's the 2010 budget that aims to ~9.5% deficit and the 2011 aims to a ~7.4% one. Greece hasn't been downgraded this month. Also, 154 Socialists supported the budget, not 160. And 144 voted against, not 139. Get your facts right, please.
Dec 25, 2010 at 12:30 PM | Unregistered CommenterFactualis

you are absolutely correct...i completely missed it...i did not look at the date..it's a screw-up...thanks for pointing this out...i was really busy this week with the site and the holidays and i didn't give appropriate attention to this story...oh well...life goes on...
Dec 25, 2010 at 12:42 PM | Registered CommenterDailyBail
i found the correct link...and fixed the story...the article is from dec. 23, 2010...

i used a google search to find the article originally and ended up with a story from dec of 2009 that had the SAME title as the 2010 story...here's the correct link...

@factualis...thanks for catching this...

Dec 28, 2010 at 12:23 AM | Registered CommenterDailyBail

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