Greece Passes Austerity Budget Amid Rancor
Dec 23, 2010 at 5:12 PM
DailyBail in austerity, bailout, europe, greece, greece

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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