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Thursday, November 8, 2012

Small majority for austerity raises big doubts

A stormy all-day debate in parliament on Wednesday culminated in a flimsy majority of 153 MPs approving the harsh austerity package of 13.5bn euros worth of mostly wage, pension and welfare cuts in the next two years, with a further 5bn euros of cutbacks in 2015-16, as dictated by the troika of Greece’s creditors.

READ THE ORIGINAL POST AT www.athensnews.gr