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Austerity plan’s aim in Greece: ‘Survival’

Spending cuts, tax rise sought

Posted: March 4, 2010 at 5:48 a.m.

Greek pensioners protest government austerity measures Wednesday outside Athens’ municipal building in front of a statue of Pericles, the ancient statesman of Greece’s Golden Age.

Under pressure from investors and neighbors, Greece unveiled an austerity package Wednesday aimed at cutting $6.5 billion from a government deficit that has roiled international markets and endangered the stability of the euro.

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Front Section, Pages 1 on 03/04/2010

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