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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.

In a TV address, Lucas Papademos said Greece was "just a breath away from Ground Zero".

The cabinet has approved the measures but five government ministers resigned.

Unions are holding a 48-hour strike, and thousands of protesters rallied in central Athens against the measures.

Riot police were on standby after clashes on Friday, but the demonstrations were mostly peaceful.

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.

Some MPs from the governing parties are expected to vote against the bill, the BBC's Mark Lowen in Athens reports.

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. Catastrophe fear

Mr Papademos said the measures would "decide the country's future" and enable it to stay inside the euro. Continue reading the main story What went wrong in Greece?

An old drachma note and a euro note

   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.

The opening ceremony at the Athens Olympics

   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.

A defunct restaurant for sale in central Athens

   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.

A man with a bag of coins walks past the headquarters of the Bank of Greece

   Greece's economic problems meant lenders started charging higher interest rates to lend it money. Widespread tax evasion also hit the government's coffers.

Workers in a rally led by the PAME union in Athens on 22 April 2010

   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. 

Greek Prime Minister George Papandreou at an EU summit in Brussels on 26 March 2010

   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.

Greece's problems have made investors nervous, which has made it more expensive for other European countries such as Portugal to borrow money.

   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.

Lucas Papademos

   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.

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.

Earlier, Greek conservative leader Antonis Samaras said all his party's MPs must vote in favour of the bailout law.

Mr Samaras, whose New Democracy party is a member of the governing coalition, said any rebels would face being dropped as parliamentary candidates.

Deputy Foreign Minister Mariliza Xenogiannakopoulou, who quit on Friday afternoon, is the most senior defection so far.

Her Pasok party, the largest in the coalition, also suffered the loss of a deputy labour minister on Thursday.

The austerity cuts include:

   * 15,000 public-sector job cuts
   * liberalisation of labour laws
   * lowering the minimum wage by 20% from 751 euros a month to 600 euros
   * negotiating a debt write-off with banks.

These were presented to a eurozone ministers in Brussels on Thursday evening.

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.

How to preserve and increase the value of assets in 2013, fi

2013 is coming, the first thing you should do is to develop future life goals, and according to the target to carry on the corresponding funding arrangements,abercrombie deutschland.Specific to formulate a financial plan, is very simple, only need to follow a principle, prepare for the worst, for best results, take uncertainty into a sure thing.

(Editor: Zhang Yao)

come have a look of the gold, the gold the worst case appeared in the 80's of the last century to the beginning of this century, once appeared in 20 consecutive years of big bear market.The best situation is over the past 10 years,hollister, gold rose more than 700%.Then the future trend of gold will be how?A lot of people say, as long as the United States of America continue to print money, the price of gold will continue to go up.But today QE4 launched, the gold price up not down, apparently factors affect the price of gold more than one, will be rising or difficult to determine.If the gold bull market is over,hollister, the next 20 years bear market, this is our ordinary investors can bear?If not, then do not intervene in the market.

in China stock market as an example, the worst case appeared in 2008, the year fell 65%.In 2013 there will be such a bad situation?Possibility should not.Because from the beginning of 2010, index down for 3 years, valuation levels have to historic lows, even if the performance of the company posted a 50% decline, the level of earnings is only 20 times, much lower than 6124, so the stock market fell sharply to probability is not high.What is the stock market in 2013 and the worst case?May and 2012 almost, index appears small drop.So what is the best situation?We know that the future of China's economy will maintain a growth rate of more than 7%, by 2020 the per capita GDP and per capita income will more than double in 2010.At that time, if the index also doubles is a normal situation, this is a sure thing.Due to fluctuations in the stock market,burberry soldes, more than double the economic fluctuation, index time probably as early as in economic double the time,hollister uk, the good results that we expect.Now we just choose the index fund investment,hollister, no matter how long the middle will fall, in the next 5 to 7 years time, the index is likely to rise to more than 4000 points, the time to withdraw from the stock market, you can get more than 10% of the annual yield.

asks: I am a keen to financial management, have little money is restless, always want to make money can have more money, but the result is not ideal.Buy stocks were locked, buy funds were secure, do the fund is scheduled to vote or not to make money,hollister uk, try a few gold transactions, but the result is the loss of several million yuan.I don't know where is the problem, is actively financing is wrong,hollister berlin?2013 is coming, what shall I do to make their own assets?

talked about money, many people are very interested in, but you should ask them why they want to finance, the majority of the answers are the same, that is to make the maintenance and appreciation of assets value.It is our objective of financial management?

in the global economy is still in the bottom of it, great investment opportunities are not many, the main direction of the investment should also be fixed income products, such as savings,hollister online shop, bonds, short-term bank financial products, with these gains determined, will make your life quality has been real improvement,burberry.(text / Wang standard)

in my opinion, the objective of financial management is to realize the desire of life,hollister sale.For example, young people get married hope to own their own homes,hollister france, have kids hope their children can receive a good education, retirement hope to have enough money to travel around the world.Achieve a goal each, people's happiness will be enhanced, which is the financial significance.If you do not understand the objective of financial management, will get into the position of blind, even the appearance of different circumstances.All you do is actively financing, the result is more money less, your happiness will be improved?

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