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Nov 7, 2012 | 23:31 GMT

Greece: Lawmakers Pass Austerity Package

Greek lawmakers narrowly approved a new round of austerity measures Nov. 7, despite a day of violent protests across the country, BBC reported. The austerity package, which includes tax raises and pension cuts, passed with a majority of just three lawmakers. Another vote will take place Nov. 11 on Greece's revised budget. A positive vote on both is required to secure 31.5 billion euros ($40.2 billion) in new loans from the European Union and the International Monetary Fund.
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