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Greece unveils more cuts in 2011 budget

Greece unveils more cuts in 2011 budget
Greece’s government unveiled more spending cuts Thursday in the 2011 budget submitted to Parliament, pledging to reduce the deficit by €5 billion (.8 billion) – to 7.4 percent of gross domestic product from this…
Read more on Channel 8 San Diego

European Council President Herman van Rompuy, at a midnight press conference in Brussels, announces the rescue package for Greece, designed to create financial stability in the eurozone. English: Left Original French: Right
Video Rating: 5 / 5

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