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Greece delays austerity vote, warns of ‘chaos’

October 31, 2012 • Business


FILE – It this Tuesday, Oct. 9, 2012 file photo shows Greece’s Prime Minister Antonis Samaras makes statements at Maximos mansion in Athens. Samaras said on Tuesday, Oct. 30, 2012 that the government had essentially ended negotiations on new austerity measures and warned of “chaos” if the reforms are not passed. (AP Photo/Thanassis Stavrakis, File)

ATHENS, Greece (AP) — Greece’s coalition government will delay a vote on major new austerity measures by another week, warning Tuesday there would be financial chaos if a deal is not reached.

Finance Minister Yannis Stournaras told reporters the austerity measures, worth €13.5 billion ($17.4 billion), would be submitted to parliament next week, as the three parties in government continue to disagree over new savings demanded by international bailout lenders.

Stournaras denied local media reports that the bill could be Login to read more

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