Greece's parliament votes 'yes' to widely loathed spending cuts to stay in the Eurozone

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Just one week after Greek citizens voted "no" to a package of sharp spending cuts, the country's parliament voted "yes" and accepted the measures anyway.

The European Union demanded the spending cuts, which cover everything from pension reforms to tax hikes, as a prerequisite for giving Greece a 75 billion euro bailout package that will keep the country afloat for at least two years. Greece has billions of dollars in loan repayments coming as soon as Tuesday, when it will be required to pay the European Central Bank

Greece, broke and without enough money to fill its banks, feed its people, or retrieve any imports or exports from lamb to medicine, is eager to prove to the European Union that it will accede to any demands needed to push through the much-needed bailout, which off

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Read Original : Greece's parliament votes 'yes' to widely loathed spending cuts to stay in the Eurozone

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