Greece passes 2013 austerity budget
Prime Minister Antonis Samaras pledged that the spending cuts will be the last Greeks have to endure.
"Just four days ago, we voted the most sweeping reforms ever in Greece," he said. "The sacrifices (in the earlier bill and the budget) will be the last. Provided, of course, we implement all we have legislated. "
"Greece has done what it was asked to do and now is the time for the creditors to make good on their commitments," he stressed.
Athens says that with the passage of the two bills, the next loan installment, worth about USD 40 billion, should be disbursed. Without it, the government has said it will run out of cash on Friday, when USD 6.35 billion worth of treasury bills mature. Finance ministers from the 17-nation eurozone are meeting in Brussels later today, with Greece high on the agenda.
However, German Finance Minister Wolfgang Schaeuble has indicated it is unlikely that the ministers will decide on the disbursement at that meeting.
"We all ...
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