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Wednesday, November 7, 2012

Greeks strike ahead of the latest crucial austerity vote.

 Thousands of Greeks are holding a second day of a general strike to protest the latest round of austerity, which the country's parliament is expected to authorize this evening in a vote. The approval of the €13.5B of wage cuts and tax hikes by 2016 is vital for Greece to receive the latest €31B tranche of its bailout before it runs out of money. Also critical is a vote on the 2013 budget, due on Sunday.

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