News Summary: Greek protests turn violent

Associated Press

STRIKES RESUME: Hundreds of protesters clashed with Greek riot police while more than 80,000 demonstrated outside Parliament, where lawmakers prepared to vote on new austerity measures needed to avoid financial disaster.

VITAL BELT-TIGHTENING: The cutbacks, worth €13.5 billion ($17 billion) over the next two years, are essential if Greece is to continue receiving vital bailout funds from its international creditors to avoid bankruptcy.

COUNTDOWN BEGINS: Greece's next bailout loan installment of €31.5 billion, out of a total of €240 billion, is already five months overdue. Without it, Greece will run out of money on Nov. 16.

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