Greek MPs agree to further spending cuts and tax rises

In a late-night vote the Greek parliament has approved next year's budget, which imposes a new wave of deep spending cuts and sharp tax hikes.

It was prescribed by the EU and the IMF in exchange for a 110 billion euro bailout to stabilise the nation's finances.

Earlier in the day thousands took to the streets of Athens to demonstrate against the measures.

Jack Izzard reports.

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