By editor
Originally published on Mon November 12, 2012 4:47 pm
The Greek government passed a 2013 budget on Monday that includes more spending cuts and tax hikes. But European leaders, while welcoming the move, won't give Greece its latest loan fix for now because of the country's rising debt. More than two years after Greece adopted a punishing austerity regimen in exchange for bailout loans, the country remains deeply in debt and addicted to loans.
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