Greece approves austerity budget

Greece’s parliament has approved a 2016 budget that includes deep spending cuts and tax increases amid economic recession.
Greece approves austerity budget

The budget passed by 153 votes to 145, with two MPs absent in the 300-member parliament. The vote was strictly along partisan lines.

The government forecasts zero economic growth this year and a contraction of 0.7% in 2016. Earlier, it had predicted declines of 2.3% and 1.3%, respectively.

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