BBC World Service

Surprise! The most critical vote this week may be in Greece

Marketplace Contributor Nov 6, 2012
HTML EMBED:
COPY
BBC World Service

Surprise! The most critical vote this week may be in Greece

Marketplace Contributor Nov 6, 2012
HTML EMBED:
COPY

A multi-billion dollar austerity package will arrive before the Greek Parliament on Wednesday. The plan will include cost-cutting measures such as a retirement age increase from 65 to 67, as well as cuts to public sector salaries, pensions and other benefits.

If the austerity package is not passed, Greece could face bankruptcy later this year as the country’s vital bailout funding is contingent on the approval of substantial spending reforms.
 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.

Marketplace + Caffeine = daily dose of awesome!

Your donation today gets you two things to keep you going – your daily news fix and your new favorite mug.