The Red, White, and Blue

The Red, White, and Blue
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Wednesday, October 19, 2011

Greece Buys Itself More Time.

Today the Greek Parliament passed the latest round of austerity measures in an attempt to prevent the country from defaulting on its financial obligations. Violent protests took place all throughout the country as unions encouraged at least 100,000 workers to strike as a result of these latest cuts. These financial measure come after many in the European Zone feared that Greece would not be able to salvage their economy. You can read more about the measures the Greek Parliament approved here http://www.ft.com/cms/s/0/dee75858-fa29-11e0-8e7e-00144feab49a.html#axzz1bGgLFyXf

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