Italy’s Monti faces confidence vote on austerity
Italy's government faces a confidence vote in parliament on Friday, a move to speed up approval of a 33-billion euro ($43 billion) austerity package intended to restore market confidence in the euro zone's third largest economy.
Greek parliament approves austerity law with 155 votes
Greece's parliament approved a five-year austerity plan on Wednesday with 155 votes in favour and 138 votes against, suggesting Prime Minister George Papandreou was on track to win backing for a secon