Friday, July 1, 2011

Greek premier hails tight austerity victory
























Greek Prime Minister George Papandreou hailed Thursday a parliamentary vote to introduce fresh austerity measures, despite riots in the streets, in a bid to avoid national bankruptcy.




"We have fought and won a difficult battle," Papandreou said as he opened cabinet talks on additional government reforms, after two days of voting to pass the 28.4-billion-euro ($40 billion) fiscal plan despite rioting around the Athens parliament.


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AFP