Tuesday, December 6, 2011

Greek parliament set to pass tough budget





















The Greek parliament is set Tuesday to approve a tough 2012 budget which should seal the country's commitment to the hugely unpopular austerity measures demanded by its partners in return for fresh aid.

"The 2012 budget leads us to a primary (non-recurring) deficit of 1.1 per cent for the first time in many years," Finance Minister Evangelos Venizelos told the assembly during the five-day debate that preceded the vote.


AFP