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Papademos Appeals to Greeks on Eve of Vote as Party Leaders Back Austerity
Prime Minister Lucas Papademos appealed to Greeks last night to support deep budget cuts needed to win a second aid package while leaders of the two biggest parties urged their lawmakers in parliament to pass the austerity bill today or risk financial meltdown. “We are looking the Greek people straight in the eye with full knowledge of our historical responsibility,” Papademos said in a televised address on the eve of the vote in Athens on the 130 billion-euro ($171 billion) package. “The social cost that comes with these measures are contained in comparison to the economic and social catastrophe which will ... (full story)