The New York Times
Tuesday, June 21, 2011 -- 6:06 PM EDT
-----
Greek Government Survives Confidence Vote
Parliament passed a confidence vote on Prime Minister George Papandreou's new cabinet, formed last week to push through a fresh package of austerity measures required to receive international financing to stave off default.
The passage averts early elections and a stalled government at a critical moment. Now, Mr. Papandreou must face an even bigger challenge next week, when Parliament votes on the new slate of measures, including tax hikes, wage cuts and state privatization, that are required by the European Union, the European Central Bank and the International Monetary Fund before it releases the next segment of aid that Greece needs to meet expenses through the summer.
Read More:
http://www.nytimes.com/2011/06/22/world/europe/22greece.html ?emc=na
About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.
To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email
NYTimes.com
620 Eighth Ave.
New York, NY 10018
Copyright 2011 The New York Times Company
No comments:
Post a Comment