Greece through 2012 fiscal budget will cut spending 5 billion euros

Greece Parliament met on 7th, 2012 budget vote. 299 members present members, 258 people voted in favour, 41 against.

Papademos said before the vote began, Prime Minister, 2012 austerity budget is Greece important steps to solve the debt problem. “Our action will determine the country’s economic future, whether it be in 2012, or in the whole 10 years. ”

“Our position in Europe not negotiable, Greece will try to defend,” Papademos said, “despite the crisis, the common currency in Europe and we still are one of the most important achievements in modern times. ”

Budget Coalition Government comprising Parties Pan Greece, new Democratic Party and a right-wing political party supported the Socialist movement. However, the new democratic party leader andongnisi·samalasi said his support to avoid Greece into an imminent debt default, and intergovernmental differences still exist. He argued for stimulating the economy, rather than contraction.

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