Posted On: 02/28/2012 10:55:49 PM
Post# of 684

Papademos Gets Backing for $4.3 Billion of Cuts in Race for Aid
Greece’s Parliament ratified a 3.2 billion-euro ($4.3 billion) package of spending cuts to the 2012 budget, taking Prime Minister Lucas Papademos one step closer to the country securing a rescue package to avert financial collapse.

