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Thursday, August 30, 2012

Greek PM says new austerity round will be the last - The Times of India

Greek PM says new austerity round will be the last - The Times of India

 Greece's prime minister promised his austerity-weary countrymen on Thursday that new spending cuts planned for 2013-14 would be the last major austerity package, but insisted it was vital to remain in the euro.

Antonis Samaras, who is struggling to get his uneasy coalition partners' full support for the (euro) 11.5 billion ($14.4 billion) in cutbacks, argued that economic reforms and privatizations would restore growth after four years of deep recession.



Really! This time, we mean it!

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