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While 70,000 Greek protesters demonstrated against it in Athens, the country's parliament passed a bill cutting pensions and raising taxes. European leaders required the country pass another round of austerity measures to address Greece's ever-growing debt crisis before they gave them a second round of bailout funds, probably around $11 billion. The New York Times's Rachel Donadio and Niki Kitsantonis report:

The measures — including additional wage cuts, pension cuts, layoffs for public-sector workers and changes to collective bargaining rules to make it easier to hire and fire — were passed on Thursday night with the support of all but one of the governing Socialist party’s 154 legislators

 Greeks reacted violently it in the streets, clashing with each other and sending at least 74 protesters to the hospital. If the protests didn't already tell you as much, Reuters reports that the ruling government might face some trouble down the line:

"I will be protesting every day, it's a matter of survival. They must go," said 49-year-old Yannis Zahariadis, a civil servant and father of four. "I was forced to borrow money from my mother, a pensioner, to make ends meet."

There has been widespread speculation the government will fall early, forcing a election before the scheduled date in 2013, but Papandreou has repeatedly ruled out stepping down early.


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