Greece Adopts Austerity Plan

Unfazed by massive protests, Greece's Socialist party approved a tough new austerity plan required for the country to receive the next installment of the European Union's bailout. The plan cuts wages and pensions, lays off public sector workers, and changes the collective bargaining rules to make it easier to hire and fire employees. A lone Socialist opposed the vote and was expelled from the party. One man died and 16 people were reportedly injured in clashes between anarchist and communist protesters yesterday.