Global Politics

Greek Politicians Eye Austerity Measures to Secure Next Round of EU Loans

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(Photo: Nikos Pilos)

The Greek government may have survived a confidence vote, but now it faces the tough task of passing a new round of austerity measures. Without such measures, Greece will not receive much needed loans from the European Union and International Monetary Fund. Some Greeks think the time is right to default and start over. But many in the EU see that as a recipe for political and economic turmoil. The World's Clark Boyd reports.

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