Greek lawmakers approve tough 2014 budget

GMT 00:22 2013 Sunday ,08 December

Arab Today, arab today Greek lawmakers approve tough 2014 budget

Arab Today

Greece's parliament on Saturday approved a tough  budget for next year, including further spending cuts of 3.1 billion euros ($4.2 billion), aimed at ending the country's deep recession. The coalition government, which enjoys a narrow majority in the 300-seat chamber,  managed to push the budget through  as Greece's troika of international creditors -- the EU, the European Central Bank and the IMF -- announced they will postpone till January a planned trip, effectively suspending the handover of a billion-euro tranche of loan money.

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