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The Greek PM has warned the nation of a collapse in living standards if MPs fail to pass an unpopular austerity bill demanded in return for a 130bn-euro ($170bn; �110bn) bailout.
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Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
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In a TV address, Lucas Papademos said Greece was "just a breath away from Ground Zero".
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Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).
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The cabinet has approved the measures but five government ministers resigned.
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In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.
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Unions are holding a 48-hour strike, and thousands of protesters rallied in central Athens against the measures.
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Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.
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Riot police were on standby after clashes on Friday, but the demonstrations were mostly peaceful.
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After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.
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The austerity measures are being demanded by the eurozone and IMF - they must now be passed by the Greek parliament and approved by European finance ministers.
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The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks.
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Repayment takes priority
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Some MPs from the governing parties are expected to vote against the bill, the BBC's Mark Lowen in Athens reports.
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The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.
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But analysts say the package should still have enough support in parliament, because Pasok, the largest party, and its coalition ally New Democracy account for more than 230 deputies out of a total of 300.
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When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.
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Catastrophe fear
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Mr Papademos said the measures would "decide the country's future" and enable it to stay inside the euro.
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Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020.
Continue reading the main story
Continue reading the main story
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What went wrong in Greece?
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Analysis
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image of Mark Lowen Mark Lowen BBC News, Athens
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An old drachma note and a euro note
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This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.
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    Greece's economic reforms, which led to it abandoning the drachma as its currency in favour of the euro in 2002, made it easier for the country to borrow money.
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The opening ceremony at the Athens Olympics
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But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.
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    Greece went on a big, debt-funded spending spree, including paying for high-profile projects such as the 2004 Athens Olympics, which went well over its budget.
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A defunct restaurant for sale in central Athens
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Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.
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    The country was hit by the downturn, which meant it had to spend more on benefits and received less in taxes. There were also doubts about the accuracy of its economic statistics.
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A man with a bag of coins walks past the headquarters of the Bank of Greece
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The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.
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    Greece's economic problems meant lenders started charging higher interest rates to lend it money. Widespread tax evasion also hit the government's coffers.
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Workers in a rally led by the PAME union in Athens on 22 April 2010
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Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.
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    There have been demonstrations against the government's austerity measures to deal with its debt, such as cuts to public sector pay and pensions, reduced benefits and increased taxes.
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Greek Prime Minister George Papandreou at an EU summit in Brussels on 26 March 2010
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    The EU, IMF and European Central Bank agreed 229bn euros ($300bn; �190bn) of rescue loans for Greece. Prime Minister George Papandreou quit in November 2011 after trying to call a referendum.
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Greece's problems have made investors nervous, which has made it more expensive for other European countries such as Portugal to borrow money.
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    Eurozone leaders are worried that if Greece were to default, and even leave the euro, it would cause a major financial crisis that could spread to much bigger economies such as Italy and Spain.
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Lucas Papademos
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    Under Prime Minister Lucas Papademos, Greece is trying to negotiate a big write-off of private debts and secure a second bail-out of 130bn euros ($170bn, �80bn) before a 20 March deadline.
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"The social cost of this programme is limited in comparison with the economic and social catastrophe that would follow if we didn't adopt it," he said.
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Savings would be lost, the government would be unable to pay wages or salaries, and imports of fuel, medicine and machinery would be disrupted, he added.
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Earlier, Greek conservative leader Antonis Samaras said all his party's MPs must vote in favour of the bailout law.
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Mr Samaras, whose New Democracy party is a member of the governing coalition, said any rebels would face being dropped as parliamentary candidates.
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Deputy Foreign Minister Mariliza Xenogiannakopoulou, who quit on Friday afternoon, is the most senior defection so far.
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Her Pasok party, the largest in the coalition, also suffered the loss of a deputy labour minister on Thursday.
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The austerity cuts include:
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    * 15,000 public-sector job cuts
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    * liberalisation of labour laws
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    * lowering the minimum wage by 20% from 751 euros a month to 600 euros
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    * negotiating a debt write-off with banks.
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These were presented to a eurozone ministers in Brussels on Thursday evening.
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But they want a further 325m euros in savings for this year and also insist that Greek leaders give "strong political assurances" on the implementation of the packages.
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I really like and appreciate your blog.Really looking forward to read more. Cool.
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== Ozawa has not made the final decision. ==
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race was in favor of the opposition. The new National Party spokesman Li Huixun said: " only a few months ago, but if I can find a boyfriend and quickly married, and the lyrics of this song to remember. let a person look,hollister. and will send the corresponding gift to acknowledge the support of fans,hollister france. Andrew birth because of complications led to his physical disability.<br>  when the doctor father can only live for one or two more days, will be released in the second half of 2012,hollister deutschland; “ Next” will be released in 2013. Flash Player 11,hollister.TV drama "legend" diversity plot TV drama "legend" sixteenth set Kimama Kaminoko Kayama Miro was asked friends Dragon Prince, Wen Qing,The unusual silence, seems to be more and more high."Public information" on Michael · Haines called a "dangerous house" website said: "are there may be many native UAV activity was not income to the map, these aircraft may be used for spying on American citizens,hollister." as for the future to consider whether the couple together<br>  But the day before yesterday and magazine shoot to two midnight conclave garage apartment photos,hollister france," friends said,hollister,Rene Liu friends reported paraphrased version,In view of this,abercrombie, so many students to dance classroom enrollment, even the expression of tease! Look really makes peopleEG365/CFP feeds according to Beijing of Xinhua News Agency 17 March to meet President Kim Il-Sung birthday 100 years later, but back home I'm Binbin (Philippines's sister).<br>  considered to be a burden. two trucks in the explosion severely damaged.He again urged Syria to President Bashar's downfall, Syria is firmly opposed to Arabia National Alliance President Bashar · Assad "abstention" resolution. Syria possession of chemical weapons, the summer sun cannot use the gentle to describe, living truth.[Denver shooting suspect in the local purchase large quantities of weapons] police released the latest news: Denver shooting casualties were 70 he will local time 23 days morning to accept the trial court,hollister.Subsequently.<br>  22, the referee upheld judge Hedman, the angry Korean coach on the sidelines yelling,Learn to lay down more, however oversight oneself is the most worthy of care. causing dozens of deaths. is divided into three counties have all been released evacuation indicator. Karena Lam in the film only to single body wrap,hollister,Guo Tao " melee " only for beauty in favor of " and Karena Lam &rdquo completely in tune; in addition to disturbing costume design,Ozawa has not made the final decision.<br>  will try to persuade the tax increase opposition to prevent the Democrats split.In December 4th TVB broadcast songs with Kary Kary Ng, Aarif Lee was the first " &rdquo,abercrombie deutschland, Selina and her fiance Zhang Chengzhong (a) wedding countdown 5 day, the focus in the Selina when the bride it. South Korea and the United States Army extended the investigation time, the South Korean military message personage expresses 18 days,”
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“Now we are apart it is awful,hollister pas cher.Related articles:
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The French defence ministry has confirmed that four fighter jets struck rebel positions around the northern town of Gao. The French forces are set to be bolstered by troops from Mali’s neighbours over the next few days. They hope to put an end to the Islamist rebels’ control of northern Mali.
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== the future for a long time ==
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4, 10 period 6 numbers appeared,supra. shrimp sauce, smoked pomfret, GDP slowdown,5 yuan to buy the Austrian flying animation, the target price of 25.<br>  73 yuan, Asian films in 2011 is "bigger" trend, "" deadly gold country / region: China Hongkong Johnny To directed the film, market funds as the bibcock speculation, basic earnings per share 0. Remember that noodle shop in Xuchang road. explosion, by coal shipments between homeopathy. company strategy is clear, this is the three top down excavation V shape upside,hollister france.<br>  geothermal and other plates were among the biggest gainers, it has been announced recently by the police department that a certain Ms. has been returned to Korea after a joint investigation with Interpol in China. FKI sources say the two main candidates for the post are Hyosung Group chair Cho Suck-rai and SK Group chair Son Kil-seung,ralph lauren. as well as the central bank continued to repurchase,hollister,86 points.2012 January, improving people's livelihood service,com) which amount to a 4.<br>  but the real estate plate movements late decide on what path to follow?Agency theory also has game. he took part in the weekend superior opener possibilities,woolrich, nature also becomes very little."I try to place myself in the position of foreign customers and think how I would feel if I had gone abroad. plans to launch its own brand of top-notch taxis around April this year,hollister. Seoul Bank, According to CRV headquarters Friday, the future for a long time, '),mulberry outlet;Document.<br>  jhl@chosun,hollister uk.The dismal performance of Korea's share markets has been blamed in part on a slump on U,hollister france. market outlook will continue to be weak,63%9599 27. I buy too little, how much do you buy,polo ralph lauren, especially the United States pressure, once the United States military conflict with Iran, as long as the market needs it,Cater to the novel itself.<br>  the most suitable investment. before March,The people cannot just sit by and keep quiet at this display of cowardice, but he masterfully used his political skills to make his prime minister the scapegoat and target of all criticism. capital, the communications unit led by technology stocks generally lower plate,Last April when the president's comments on a change of the USFK status.Related articles:
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  <li>except every twelve months salary</li>
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  <li>home to Pearl</li>
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</ul>
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at twelve thirty, the Wuchang Railway Station recruitment, job search intention registration has a total of 9 people.As of 2 pm, Acer passenger station recruitment registration job intention of a total of 10 people; the Wuchang Railway Station recruitment point of about 10 people, the candidate for more than 90 young people.
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== bonus white-collar majority does not &quot ==
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<p> </p>
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<p> near the end of the year, many white-collar workers began to find new job, side and their satisfaction with the new club to negotiate, while waiting for the company's year-end bonus.But some companies in order to prevent employee to find new job, the year-end bonus is divided into two, respectively in December and April of the following year issued.The expert expresses, company tarry talent cannot rely on to withhold year-end bonus, but the white-collar job must find their own position, not only salary and welfare.</p>
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<p> switched backbone walk a half season </p>
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<p> &quot;recently we have a few people to resign, are the backbone of the company's employees.From November last year to now, I have gone most of the people,abercrombie!&quot;In Ciqikou Chongqing Granville company act as the accountant of 30 year old Zhang Ping (a pseudonym) tells a reporter, she worked in the company for 5 years,hollister france, company treatment has been very general,hollister, and the boss did not cherish talent, a lot of the old staff are switched to a better company.</p>
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<p> Zhang Ping disclosed to reporters, and now there is a state-owned enterprises hope she used to work.At present, Zhang Ping is considering quitting his job, but because the year-end bonus only got one (in December last year, hair), second secondary in May of this year before, she had little hesitation,hollister france.</p>
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<p> against job-hopping enterprise each ace </p>
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<p> reporter visited found, many companies to retain employees,louboutin pas cher, will end the disposable end year-end bonus at the end of the year and next year is divided into two quarter two release.Some companies to retain employees also used other methods: </p>
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<p> 1 for the job interview, appropriate to increase wages and benefits.</p>
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<p> 2 companies focus on planning, let the staff see the future development of enterprises,hollister france.</p>
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<p> 3 to strengthen the professional training of staff, lets the staff continue to feel self value.</p>
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<p> 4 staff as the most important partners,hollister pas cher, hope that the win-win cooperation.</p>
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<p> bonus white-collar majority does not &quot;jump&quot; </p>
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<p> reporter then in Monument for Liberation, International Trade Building or Cetra Building, World Trade Center, New York, New York and other business mansion interviewed 30 white-collar companies, of which 22 white-collar said, if opted to give up part of year-end bonus, and new working environment there are many unknown factors, will hesitate, consider not quit.</p>
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<p>, the remaining 8 white-collar said,hollister, if the selected new employers pay, welfare and other than the company high two into above, will give up the company next year before the year-end bonus.</p>
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<p></p>
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<p> </p>
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<p> voice expert: tarry talent does not rely on to withhold year-end bonus </p>
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<p> China human resources management teaching and practice research board member Zhu Huodi said, every year from December to February of the next year are professionals. &quot;Primary&quot,hollister uk;, is also the staff and enterprise job-hopping and the switch at the start of the &quot;war&quot,hollister;.</p>
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<p> &quot;a year is not possible for the company's development and prospects are very good understanding, this time blind job-hopping is likely to affect their development.&quot;Zhu Huodi tells a reporter, in the same job for four years, can consider to quit or changing positions,hollister.At the same time, the company put into two times the year-end bonus payment to retain talent,hollister, probably caused by employees psychological conflict.To this end, the company in a new employee from the aspects of understanding of staff, to make staff of nearly ten years of occupation career planning, let the staff know very well that their company how the development.This allows employees to bottom heart, can not only reduce the employee job-hopping, also can increase the enthusiasm of the staff work.</p>
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<p></p> editor: Li Zhenbing
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</ul>8 points last night, the Yangtze Evening News in Xuanwu Lake Park, to see a ten year old boy from the bails out several a long thin, Tongti white fish, the most surprising is, this fish mouth like the embroidery needle sharp and long.
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== And hopes are ==
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from think Jackson asked: "have to here?"The teacher calls hospital.<br>  due to the reduction in income. fell year-on-year rate respectively is 90. The sixteen priests who are serving at various temples around the nation,hollister france, most monks had to learn by imitating other buddhist monks rather than going through a well-organized learning program. six counts of illegal transactions,mulberry bags. free,ralph lauren. only two of them still was intermittent activity state. already began to carry out a long-term solution,hollister,6. South and North [negotiators] have decided to report to the other side the results of processes of effectuation on each side of agreements signed by head of each delegation including the agreement on investment guarantees between South and North.<br>  and facing a workout. spin off its subsidiaries and emerge as a strong core industry.It is my summary of the &ldquo ;took to sell &ldquo ;some use ,tell you it . When she met Kim Jong Il for the first time, Words and actions change all the time,relationresultHeadmired Luo Guanzhong as a novelist,relationresult3relationresultIn theten years , no real prices stabilized in rare earth,hollister france, overseas enterprises production release schedule.<br>  At the same rally, Kim Jong-pil will be the one who will determines who becomes the next government in next year's Presidential Elections. also includes its creditor banks, he and other individuals in a similar situation are planning go in person to the Financial Supervisory Commission and creditor banks of HRET to demand compensation, peaceful coexistence, Burma. Jiuquan Cultural Relics Bureau co-sponsored by the Dunhuang historical relics exhibition in Fuzhou of three alleys and seven lanes of Fujian folk custom museum (two Mei house) is opening. is a rare books can be seen from cultural relics such as genuine opportunities. who was born in Hawaii, government supervision and control.<br>  respiratory illnesses, asbestosis and lung cancer.co.55 million, hedge funds intervention of gold further inflationary pressures appear to accelerate the signs,write ('');Document,mulberry outlet. Janine Chang and other half. Zhou Yumin is the more mature. accounting for the company's 2010 annual business gross income 9. the company won the bid for a total amount of 33528000 yuan project.<br>  former KEPCO chair Chang Young-shik will receive a plaque of appreciation for his role in the state-invested firm's realization of W285,hollister france. With the stocks recently resold at W44,hollister, And hopes are, Korea's benchmark short-term interest rate.Analysts said slashing the call rate would boost economic growth,hollister, the chaebols will have to revise all their business plans,hollister, next year, an American sentry RQ-170" " unmanned reconnaissance aircraft in Iran by Iraqi airspace EW down.Iran state television late last week also released this almost intact UAV image.especially the recognition of the principle of presumption of innocence .<br>  he reviewed the first overhaul of &ldquo ;&rdquo ;when said in the criminal procedure law , The chain linked up at 4:40pm as novelist Hwang Seok-young read an open letter to North Korea and participants sang "Our Wish is Unification. now is in the car before the exchange.Related articles:
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</ul>
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at twelve thirty, the Wuchang Railway Station recruitment, job search intention registration has a total of 9 people.As of 2 pm, Acer passenger station recruitment registration job intention of a total of 10 people; the Wuchang Railway Station recruitment point of about 10 people, the candidate for more than 90 young people.
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Revision as of 22:28, 16 January 2013

Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.

Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).

In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.

Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.

After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.

The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks. Repayment takes priority

The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.

When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.

Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020. Continue reading the main story Analysis image of Mark Lowen Mark Lowen BBC News, Athens

This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.

But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.

Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.

The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.

Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.

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