Greece finalising €11.5 billion in spending cuts

A student playing the trumpet as others dance during an anti-austerity protest, in front of the Parliament in Athens, yesterday. Greece is finalising a package of spending cuts worth €11.5 billion for 2013 and 2014, which must be ratified by Parliament...

A student playing the trumpet as others dance during an anti-austerity protest, in front of the Parliament in Athens, yesterday. Greece is finalising a package of spending cuts worth €11.5 billion for 2013 and 2014, which must be ratified by Parliament before it can secure its next tranche of aid from the EU and IMF to avoid bankruptcy.

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