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Cabinet vote nears as EU/IMF team heads to Greece
Prime Minister George Papandreou's cabinet faces a confidence vote late on Tuesday, the first of three tests the Greek government must survive to avert the euro zone's first sovereign debt default. The vote follows a euro zone ultimatum that the debt-choked Mediterranean state must approve a new five-year package of painful economic reforms in two weeks or miss out on a 12-billion-euro aid tranche that it needs to avoid bankruptcy. While parliament debates the confidence vote against a backdrop of deep public anger over the pain of the austerity measures, IMF and European inspectors arrived in Athens to discuss ... (full story)
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