24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Greece Approves 2013 Budget

Greek lawmakers have approved the 2013 budget involving large spending cuts, despite mass public street protests.

The budget was passed by 167 votes to 128. The move was a pre-condition for Athens to be granted a 31.5bn euro (£25bn; $40bn) EU/IMF loan necessary to stave off bankruptcy.

In Athens, more than 10,000 people protested outside the parliament.

The vote comes as eurozone finance ministers are due to discuss the Greece crisis at a meeting in Brussels.

Source: BBC. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement