The Boston Globe

Business

Greece to offer 4-year austerity plan

Unions start actions against further cuts

ATHENS — Greece’s conservative-led coalition detailed a new four-year package of austerity measures late Monday, facing down escalating protests by unions and dissent from its left-wing government partners.

The bill, to be voted in parliament late Wednesday, will impose further wage and benefit cuts on Greeks who are heading into a sixth year of recession and are already struggling with 25 percent unemployment.

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