Despite widespread protests and skepticism among many members of parliament, the Greek parliament has passed the latest austerity/reform bill. The Papademos government has secured more than the 151 votes needed to secure a majority.
Greece still has a long way to go. It still needs to hammer down its restructuring deal with creditors. And it still needs its counterparties to disburse more money.
The euro is ticking up a little on the news.
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