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Thursday, July 18, 2013

Greece's parliament OKs latest cuts.

Greece's parliament has narrowly approved the latest set of Troika-mandated austerity plans, paving the way for the country to receive the next tranche of its bailout. Held against the background of a general strike and nationwide protests, the program includes wage cuts for 25,000 civil servants and putting them into a "mobility plan" prior to forced transfers or layoffs.

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