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Deal near for Greek economy

Summary

30 April 2010

Senior officials from Greece, the International Monetary1 Fund and the European Commission are trying to put the finishing touches to a deal to rescue the Greek economy.

Reporter:

Gavin Hewitt

Report

As the talks over a giant bail-out deal for Greece reached a critical stage the government in Athens is coming under intense pressure to implement2 new spending cuts. The IMF and the EU are discussing loaning Greece at least 40 billion pounds this year. But they want to see further measures to reduce the deficit3.

Greek trade union officials expressed outrage4 at the conditions after a meeting with the Greek prime minister. They claim Greece is being asked to make cuts of over 20 billion pounds over the next two years. The unions have now called a general strike for next week. Last night tear gas was fired at hundreds of demonstrators who were protesting at the bail-out plan.

The expectation that a rescue for Greece was just days away helped bring some calm to the financial markets. But the mood in Athens is increasingly against any bail-out and the Greek prime minister George Papandreou has said that the country is in a battle for survival.

Gavin Hewitt, BBC News


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1 monetary pEkxb     
adj.货币的，钱的；通货的；金融的；财政的
参考例句：
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
2 implement WcdzG     
n.(pl.)工具，器具；vt.实行，实施，执行
参考例句：
  • Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
  • The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。
3 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
4 outrage hvOyI     
n.暴行，侮辱，愤怒；vt.凌辱，激怒
参考例句：
  • When he heard the news he reacted with a sense of outrage.他得悉此事时义愤填膺。
  • We should never forget the outrage committed by the Japanese invaders.我们永远都不应该忘记日本侵略者犯下的暴行。

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