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Greece In Final Countdown To Critical Austerity Vote
Greece is now in the final hours before a critical vote on austerity and privatization measures that could determine whether Athens will be able to honor repayment obligations falling due the middle of next month. The Greek Parliament will vote this afternoon on a package of measures that includes E28 billion in spending cuts and tax hikes and the creation of an independent privatization agency that will be charged with the task of raising at least E50 billion by selling off publicly owned assets. The voting is scheduled to begin at 1100 GMT/0700 EDT, though the time is not written in stone. As Greece counts down and ... (full story)
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