 ABC News | Greece Outlines New Austerity as Debt Load Rises ABC News Greece's government on Wednesday outlined the new austerity measures it intends to take over the next two years, a series of painful spending cuts and tax hikes that its international bailout creditors are demanding in exchange for rescue loans. Greece recession and debt problems even worse Greece Urged by Europe to Overcome Last Hurdles to Aid Greece outlook grim as EU holds onto loan funds |
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