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Thursday, September 27, 2012

Spain, Greece launch austerity plans to secure aid

Police clash with protestors during the demonstration at the parliament against austerity measures announced by the Spanish government in Madrid, Wednesday, Sept. 26, 2012. Spain's Parliament has taken on the appearance of a heavily guarded fortress with dozens of police blocking access from every possible angle, hours ahead of a protest against the conservative government's handling of the economic crisis. (AP Photo/Andres Kudacki)Spain and Greece outlined plans Thursday to cut spending and raise taxes to convince international lenders and financial markets they are on the right track to cut their deficits.



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