Papademos to present a budget for 2012

Source: Bloomberg

Today the new Greece's premier Lucas Papademos will present the final version of next year's budget. PM's government is rushing to meet 3-month deadline to acquire international loans and escape a country's default. New government is supported by three out of five Greek governmental parties. Papademos must put into action budget measures to guarantee a bailout fund worth $176 bn. 

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