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BRUSSELS — Europe's leaders prepared the way on Friday for a second large bailout of Greece, pledging not to abandon the nation to a default provided that its Parliament approves a tough package of austerity measures next week.
Blasphemy laws are often misused to settle personal scores in Pakistan.The Australian government announced a tough package of spending cuts and tax rises to try to halve the budge deficit over the next year.
A tough package being drawn up by Labour will be seen by some of its MPs as a high-risk move to compete with David Cameron on immigration, which could alienate some Labour supporters.
It said Greece had to be prepared to implement a tough package of economic reform and the country's eurozone partners had to be willing to write down Greece's debts.
"We have a Democratic president and administration that is prepared to sign a tough package that includes both spending cuts and modifications to Social Security, Medicaid and Medicare that would strengthen those systems" while also providing new revenues, Mr. Obama said.
On the eve of the latest GDP growth figures for the UK economy, the chancellor said the credibility Britain had built up by setting out a tough package of tax rises and spending plans was "hard won, and easily lost", adding that it would be "a huge mistake to put that at risk".
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A tough austerity package announced by the government in Athens has been welcomed in European capitals.
The euro zone ministers' decision followed two votes in Greece's parliament to approve a tough austerity package, a condition for international assistance.
In Hungary, which has also received an IMF bail-out, markets firmed as parliament passed a tough fiscal package, based on an expected 1% fall in GDP.
AT ITS first meeting last May, Silvio Berlusconi's government approved a tough "security package" to stem illegal immigration and sling out unwanted foreigners.
Left-wing Stavros Malas (26.9%) and independent candidate George Lillikas (24.9%) both won significant support after arguing against signing up a tough austerity package in return for bailout help.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com