Economy, Greek Prime Minister | featured news

Greece's Papademos wins confidence vote on austerity measures

Greece's new prime minister, Lucas Papademos, won a crucial confidence vote Wednesday on severe austerity measures to be made in exchange for more bailout funds to help the country step back from the brink of bankruptcy.

 

Papandreou says new interim government will secure debt deal

Greek PM George Papandreou says an agreement has been reached on the creation of an interim government that will secure the new debt deal.

 

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