June 30th, 2011
11:19 AM ET

Greek Parliament passes law to implement austerity package

Greece's Parliament has approved a key law needed to implement a five-year austerity package that was approved by lawmakers a day earlier.

Lawmakers voted 155-136 in favor of the measure, with five voting "present" in the 300-seat house.

The package had been demanded by international lenders - and its passage should clear the way for an emergency loan to Athens.

But Greece has seen weeks of sometimes violent public protests against the austerity plan, which follows a series of cuts agreed to last year.


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soundoff (2 Responses)
  1. Hoplite

    The assets of the politicians who brought about this mess should be liquidated and put towards Greek debt payments immediately.

    June 30, 2011 at 3:08 pm | Report abuse |
  2. Joe Moore

    Socialism is a failed ideology.

    June 30, 2011 at 5:53 pm | Report abuse |