Greece fended off a bankruptcy that threatened to roil global financial markets, approving severe spending cuts and tax increases Wednesday in the face of violent protests by Greeks who say they have suffered enough.See you in September!
The package of austerity measures would keep bailout money flowing to Greece from other European countries and the International Monetary Fund. It would free $17 billion in fresh loans, although the money will only be enough to see the nation through September.
Wednesday, June 29, 2011
Greece passes steep cuts as riots seize capital
The AP reports: