One vote down, a tougher one ahead: The Greek government survived a confidence vote Wednesday but has barely a week to get new austerity measures passed by parliament to avoid a potential default.
European leaders breathed a sigh of relief but kept up the pressure on Greek Prime Minister George Papandreou, who faces a vote June 28 to push though more spending cuts, tax hikes and asset sales. Still, fearing the financial chaos that any Greek default would ignite, EU leaders promised Papandreou additional funds to help the shrinking Greek economy to get back on its feet.
The Associated Press
