News Headline Summary

Greek parliament passes the Greek 2013 budget

- The budget passed with 167 'Yes' votes.
- 151 votes were required.

Update details:

- This means that Greek parliament has passed both the austerity and budget vote now.
- The vote was seen as key to Greece being able to satisfy various European partners in obtaining its next tranche of aid.

Reaction details:

- No reaction seen in EUR/USD as analysts were expecting this to pass given its importance in Greece being able to pay its pending debt obligations.
- The news maybe more closely followed at the European open later on Monday morning.

Print 22:47, 11 Nov 2012 - Asian News - Source: Newswires