February 12th, 2012
05:55 AM ET

Greece Parliament to vote on austerity measures

The parliament in Greece is expected to vote Sunday on austerity measures demanded in return for a new eurozone bailout of the debt-stricken country.

In a speech Saturday evening, Prime Minister Lucas Papademos urged the Cabinet to approve the deal, warning of "social explosion, chaos" if it fails.

"The state will not be able to pay salaries and pensions or import basic goods" such as medicine and fuel, he warned, adding that "unemployment, which is currently unacceptably high, would increase even higher."

Ultimately, Papademos said, if parliament rejects the deal, Greece - already in the midst of a prolonged recession - would be "bankrupted and out of the eurozone."

Parliamentary approval would pave the way for the eurozone finance ministers to sign off on the new €130 billion ($172.6 billion) bailout deal.

Greece needs the funds in order to meet €14.5 billion in debt repayments due next month.

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Filed under: Greece • World
soundoff (110 Responses)
  1. hamsta

    @chrissy yes i do go hungry at times.because my ex fiancee royally screwed over on me.but i stand completely on my own.i sought assistance for schooling and food stamps at one time.i was denied because im a single white male without children.i go hungry at times but im fine,i do however have a problem with these welfare junkies.if im denied temporary assistance then they have no right to live their whole lives on welfare.if these moochers werent taking the dinner off my plate i wouldnt be so hungry.but nooo...stupid people like you want me to hate the rich man who employs me and not the moocher who takes dinner from my plate.WAKE UP STUPID THATS EXACTLY WHATS WRONG WITH GREECE.

    February 13, 2012 at 12:20 am | Report abuse |
  2. Dear Mr. President Obama

    ...and while you are at it, lift the gag order on Connie Chung. Let her join Bahbah Wawa and Whoopie Gollberg(if thats her real name) on their TV show. Let her speak of what her 'federally banned from airing' documentary had to say about the real reasons for warring on the Iraqi peoples. You know, the documentary she produced that got her fired, and freaking gagged for life. Transparency, perhaps? (and Chrissy? Pres. Obama swore an oath on an actual copy of the ancient manuscripts known as 'the bible'. He swore to defend America from foes both foreign and domestic. Last I heard, the Bush family are domestics, and the Bin Ladem family are foreign)

    February 13, 2012 at 12:23 am | Report abuse |
  3. chrissy

    lmao @ greek american, entertainment at its finest eh? Time for me to call it a night, if my insomnia gives me a break that is. Good nite greek american, dazzle and philip! Keep on keepin on!

    February 13, 2012 at 12:24 am | Report abuse |
    • dazzle ©

      @chrissy, hope the insomnia monster leaves you alone. I will be up late waiting for my little girl to call. See you around tomorrow.

      February 13, 2012 at 12:34 am | Report abuse |
  4. Philip

    @Chrissy...your duly elected President Barack Hussein Obama swore an oath on the Holy Bible of God when he took office. He swore to none other than god himself that he would defend the United States of America against foes both foreign and domestic. He swore to God himself that he would place his own life on the line to defend US. Last I heard, the Bush Family Empire is domestic, and the bin Ladem Family Empire is foreign. It's a no-brainer Obama lied to God.

    February 13, 2012 at 12:30 am | Report abuse |
  5. chrissy

    @ hamsta, LOOK IN THE MIRROR WHEN YOURE CALLING ME STUPID! I didnt say a damn thing about any of the crap you just spewled out of the vicious big mouth of yours! And just now by your own admission you confirmed you are jealous of poor people! Get a clue!

    February 13, 2012 at 12:33 am | Report abuse |
  6. Greek American

    Thanks and night! Talk to you another day.

    February 13, 2012 at 12:35 am | Report abuse |
  7. Greek American

    You don't make ANY sense because you seem to be angry that the govt isn't helping you, yet you fault the "Socialists" of Greece for having a social welfare system. Make up your mind!

    February 13, 2012 at 12:46 am | Report abuse |
  8. chrissy

    @ hamsta, you must really be an idiot if you work one fulltime job, and 3 part time jobs and you STILL go hungry, yet your NOT mad at your rich employer? Either youre underpaid or youre terrible with your finances! Now whos the stupid one? Good night!

    February 13, 2012 at 12:49 am | Report abuse |
  9. Greek American

    I'm done trying to convince you otherwise as well. Just think that maybe if you were a citizen of Greece then you would get the help you desire. It's not some whacked out "evil Socialist" country. That's the only point I was trying to make hamsta, that's all.

    February 13, 2012 at 12:56 am | Report abuse |
  10. banasy ©

    Now it's the gf's fault. Ok.

    Philip, it's the same Bible that every President has sworn upon.
    Therefore, it stands to reason that every President has lied...and so it shall aways be.
    Make a difference.
    Run for office.
    See if you can change any of the things that you constantly rail against...

    February 13, 2012 at 1:03 am | Report abuse |
  11. Philip

    ...not to mention the ones *you* constantly "rail against", if any. Gn all. See ya tomorrow.

    February 13, 2012 at 1:21 am | Report abuse |
    • banasy©

      I was being deadly serious, Philip.
      I meant it…you should run.
      You have the knowledge.

      February 13, 2012 at 8:50 am | Report abuse |
  12. Philip

    Actually, it's the same bible all Catholics swear by, other than the majority of them, that is. Gn all. (not to mention those things *you* "rail against", if any)

    February 13, 2012 at 1:25 am | Report abuse |
    • banasy©

      It's the same Bible ALL Presidents swear by.

      February 13, 2012 at 8:51 am | Report abuse |
  13. Joey Isotta-Fraschini©™

    @ banasy© :
    What a fascinating concept! I immediately began to envision a world with President Philip Douglas.
    It would require a quirky election, but anything is possible, especially if PED did enough computer research of campaign-power facts, and he's good at researching details.
    What would happen to RC priests during Philip's first term?
    We know that all aspirin would become generic, so we would save money there.
    Gay rights would go down the tube (as it were).
    Government agencies would all have their headquarters in Washington, DC.
    Sales of the Bible might suffer, as enhanced tax incentives for corporations to engage in Gideons-like distribution of free red-letter copies flooded bath houses and libraries.
    There would be less meat available in supermarkets as skinnier animals resulted from their deprivation of growth-enhancing pharmaceuticals.
    Children might be required to exercise, so clothing might return to honestly marked sizes: a size-6 dress would be a 6 again.
    It would be a New World Plan.

    February 13, 2012 at 3:00 am | Report abuse |
  14. 1937 BMW J38 Flying Saucer w/cannon

    People oftentimes make fun of that which they do not understand or wish to remain ignorant of. Like how they make fun of Jesus without even hardly knowing anything about him or his teachings. *Ignorant comic* syndrome.

    February 13, 2012 at 7:03 am | Report abuse |
    • banasy©

      I would say more tunnel vision syndrome.

      February 13, 2012 at 8:52 am | Report abuse |
    • Mary

      The way to "life" is long and NARROW. The way to death is WIDE.

      February 13, 2012 at 6:53 pm | Report abuse |
  15. 1937 BMW J38 Flying Saucer w/cannon

    ...or how they pretend that those flying saucers are aliens, when the historical record proves that they are all man-made. They make-up aliens to explain that which they are too lazy to google or youtube. Nazi Flying Saucers were real. 1/2 went to Russia, the other half to the USA . A phony "cold war" gave both governments excuses to build vast underground complexes where they reverse engineered not only rockets and jet engines, but also flying saucers. 9/11 only scared you into agreeing with passing the Patriot Act. Invading saucers will have you scared into not even wanting to be a sovreign nation anymore...gladly giving up America and joining forces with foreigners to battle the next phony war, United World Militaries vs. Invading Aliens. Make fun of this rather than reseaarching it, Joey. 🙂

    February 13, 2012 at 7:13 am | Report abuse |
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