Wednesday, June 22, 2011

Greece braced for austerity drive as government wins confidence vote

Guardian
June 22, 2011

Athens' crisis-hit government has survived a much-anticipated vote of confidence as the country's political opposition has renewed calls for its resignation and tens of thousands of Greeks protested outside parliament.

After a bravura speech in which he called on Greeks to "fight together" in overcoming their worst crisis in modern times, prime minister secured the support of his MPs, winning by 155 votes in the 300-seat House.

The vote was seen as vital for Greece to press ahead with austerity measures and avoid defaulting on its colossal €355bn (£297bn) debt.

The roll-call ballot took place while Greeks from all walks of life converged on central Syntagma Square to demonstrate against the government's deeply unpopular fiscal policies.

Angrily punching the air as politicians debated the debt-choked state's parlous economic plight, protestors shouted "we give a vote of no confidence."

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