Sunday, May. 20, 2012 |
Greece bailout: Coalition 'to finalise' austerity deal
Page last updated at 04:09 GMT, Wednesday, February 8, 2012 - 09:09 EST
BBC:
An estimated 20,000 people protested in Athens on Tuesday against the austerity measures
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Greek Prime Minister Lucas Papademos is due to meet coalition parties in an attempt to seal an austerity agreement to secure a new EU/IMF bailout.
The three parties were handed the draft after final touches were agreed between the PM and EU, ECB and IMF officials.
The accord is likely to include a 20% minimum wage reduction, pension cuts and 15,000 civil service lay-offs.
Public transport came to a standstill on Tuesday as an estimated 20,000 people protested against the cuts.
At one point a German flag was set alight outside parliament.
The meeting with party leaders was postponed for a few hours on Wednesday - it had already been put back twice before, because they were yet to see the document.
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