by Wadsam | September 27, 2012 2:13 pm
Greece coalition parties have arrived to a “basic agreement” on the austerity package for 2013-2014 which includes spending cuts worth of at least USD 14.8bn.
The new cuts are a condition for Greece in order for them to be eligible to receive the next 31bn-Euro instalment of its international loans.
The deal comes the day after thousands of anti-austerity protestors took to the streets of Athens.
Source URL: http://wadsam.com/international-business-news/greek-government-in-basic-agreement-on-austerity-package-8798/
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