By Khanyisa Tabata
01 July 2011
The Greek parliament has passed a second austerity bill.
This opens the way for the European Union and the International Monetary Fund to release a U and IMF to release a 120-billion-Rands loan instalment which Athens urgently needs to stave off bankruptcy.
The vote on detailed measures to implement 280-billion-Rands in spending cuts, tax increases and privatisations passed without any of the wild street battles which marred Wednesday's vote on an initial austerity bill.
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