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OPINION

Greek Parliament approves austerity plan

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NEW YORK (CNNMoney) -- In a move that could pull Greece back from the brink of defaulting on its debt, the nation's Parliament voted Wednesday to implement another round of austerity measures.
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The measure was approved with 155 votes in favor, out of a 300-person parliament. The plan would reduce the pay of Greek public workers, increase the attrition of public jobs and ramp up tax compliance, in exchange for the last tranche of a bailout from Greece's European neighbors.

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