Wednesday, February 22, 2012

Greek lawmakers rush to clear promised austerity (AP)

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Greek Finance Minister Evangelos Venizelos speaks during a news conference in Athens, Tuesday, Feb. 21, 2012. Greeks greeted uneasily the news on Tuesday that their country will likely avoid defaulting on its debts next month and the euro should remain their currency, but at the cost of years of economic hardship. (AP Photo/Thanassis Stavrakis)AP - Greece scrambled Wednesday to adopt a batch of emergency laws that will further cut incomes and government spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy.


Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120222/ap_on_bi_ge/apfn_eu_greece_financial_crisis

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