Tuesday, October 30, 2012

Greek Socialist deputies to back austerity, reforms: sources

ATHENS (Reuters) - Greek Socialist leader Evangelos Venizelos on Tuesday said austerity measures demanded by international lenders must be approved despite his party's objection to labor reforms.

"The package must be judged in its entirety and must be approved and applied to change the climate," Venizelos said in a speech to his deputies, signaling the party would vote in favor of the package of spending cuts and reforms.

(Reporting by George Georgiopoulos)

 
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