Austerity Reforms News Today

Greeces prime ministers facing a showdown with lawmakering over a bailout deal thats harsher than the onena they rejected for months. alexis tsipras agreed to tough austerity reforms. >> and further challenges lay ahead for mr. tsipras. he now has to get his parliament to put those reform noose law and pass them by witness.ednesday. >> reporter: dazed and confused greeks woke up to a new reality. with even more austerity and tougher reforms. >> its no good. this is left system for the people, no...

Out, it doesnt mean it is a done deal. greek parliament has to pass austerity reforms including tax hikes and pension changes and thats what the greek voters rallied against. the greece parliament will take up the issue on wednesday. and several countries in the european union has to put this deal in front of their parliament. greece will remain in the euro zone and that brings short- term stability. but the bail out lasts three years and many wonder if they will be staring down this same crisis...

Unfairly judged? >> yes. i believe its -- well, its not accurate. thats not who i am. >> reporter: she could get the opportunity to clear up who she is from the witness stand and that could come by the end of this week. jay gray, nbc news, greensboro, north carolina. and now here is your first look at how wall street will kick off the day. the dow opens at 13008 after losing 29 points yesterday. the s&p added a fraction. the nasdaq was up one. taking a look at oversees trading this morning. th...

just as it began. will he stay or will he go? thats the big issue in the birth place of democracy as the greek prime minister, george papandreou and his government faces a crucial confidence vote in parliament later today. the outcome of the vote may have seemed a bit predictable just 24 hours ago. now it seems its far from certain. after mr. papandreou backed away from a referendum on a debt deal he announced days earlier. all of this comes as leaders of the g20 are gathered. its sure...