Greece adopts the austerity plan

Miercuri, 29 iunie 2011, 16:56 English | Regional Europe

The Greek Parliament voted on Wednesday the austerity budget for five years, in the context of the violent outbreak on the streets of the capital city, Reuters informs. PM George Papandreou committed before the vote to do anything to avoid a default. Parliamentarians voted with 155 votes for, 138 against and 2 abstains the austerity budget. 

The project sees savings of 28.4 billion euro and massive privatizations that would bring another 50 billion in the state’s budget by 2015.