Monday, November 12, 2012

Greek parliament passes austerity budget

Nov 11, 2012 by AlJazeeraEnglish

The Greek parliament has approved next year's budget imposing further austerity measures. The budget contains cuts worth $13.5bn over the next two years. It also raises the retirement age from 65 to 67 and slashes pensions by as much as 15 per cent.

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