A look at the protesters in Greece and what is next for Europe after the vote, with John Engler, The Business Roundtable; CNBC's Carolin Schober & Michelle Caruso-Cabrera.
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The Greek parliament began debating a sweeping austerity plan on Wednesday after signs that the government will succeed in passing the deeply unpopular package, which has been demanded by its international creditors.
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The euro clung to overnight gains early in Asia on Wednesday amid hopes the Greek parliament will agree to an austerity package of tax hikes and spending cuts in order to secure emergency loans from international lenders.
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Discussing the Greek debt situation and what it means for the markets and investors, with Art Cashin, UBS; Eugene Profit, Profit Investment Management; and CNBC's Simon Hobbs
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The euro hovered just above a record low versus the Swiss franc on Monday and fell on the dollar, staying under pressure ahead of this week's decision by the Greek parliament on whether to back austerity reforms demanded by international lenders.*
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European banks and insurers are scrambling to prevent a default by Greece amid worries that Greece's parliament won't pass a much-needed austerity plan next week.
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European banks and finance officials are discussing a proposal to replace existing Greek debt with a different type of bond to get around ratings agencies' reservations about a planned rollover, two senior European banking sources said on Friday.
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Greece's government will approve a new austerity package on Wednesday after it survived a confidence vote that was a crucial hurdle in a battle to avert the euro zone's first sovereign debt default.
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The euro ran into profit-taking in Asia on Wednesday after the Greek government won a vote of confidence in a widely expected outcome, but further losses may be limited as the market's focus turns to the Federal Reserve.
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Greece's parliament gave Prime Minister Papandreou a midnight vote of confidence, but the move doesn't mean Greece will ultimately go along with the austerity plan, or even avoid default.
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Greece's parliament is expected to support Prime Minister George Papandreou's new cabinet in a midnight vote of confidence, but the move doesn't mean Greece will ultimately go along with the austerity plan, or even avoid default.
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Greece’s parliament square, Syntagma square, has been the center stage for protests against the country’s harsh austerity measures since spring 2010, when the first EU/IMF bailout package was signed.
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With markets and political analysts beginning to say that a Greek default is unavoidable, continuing to delay the inevitable may be the best bet to avoid contagion into other Southern European countries, according to some market observers.
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Gold settled a notch higher Monday as investors held to it as a safe bet against growing concerns over euro zone finances, while a relatively strong dollar capped gains in the precious metal.
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The euro clung to most of the gains made late last week, underpinned by hopes for some progress on Greece's debt crisis, but the common currency remained vulnerable to any turn of events as European officials meet to hammer out a deal.
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