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A look at Greece's austerity measures

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The Associated Press | February 14, 2012 08:25 AM EST | AP


Greece's international creditors have spelled out the austerity measures promised by Athens that have to be put into practice before it can receive new bailout cash, totaling more than euro2.5 billion ($3.31 billion).

Those budget cuts include:

_ euro1.076 billion ($1.43 billion) to be cut from the country's pharmaceuticals spending

_ euro300 million ($397 million) in military budget cuts

_ euro270 million ($358 million) to be slashed from regular government expenditure and election-related budgets

_ euro190 million ($251 million) to be trimmed from subsidies to people living in remote areas

_ euro400 million ($530 million) in public investment budget cuts

_ euro300 million ($397 million) in budget subsidies to pension funds