ATHENS, Greece (AP) — Greece's Parliament narrowly passed a crucial austerity bill early Thursday, in a vote that left the coalition government reeling from dissent as it struggles to secure vital bailout funds.
Approval of the cuts and tax rises worth €13.5 billion ($17 billion) over two years was a big step for Greek efforts to secure the next installment of its international rescue funds, and stave off imminent bankruptcy.
[...] the close vote was a major political blow to the three-party coalition government, which holds a total of 176 seats in Parliament.
Approval of the cuts and tax rises worth €13.5 billion ($17 billion) over two years was a big step for Greek efforts to secure the next installment of its international rescue funds, and stave off imminent bankruptcy.
[...] the close vote was a major political blow to the three-party coalition government, which holds a total of 176 seats in Parliament.
 |
| READ THE ORIGINAL POST AT www.sfgate.com |