Greece : Papandreou 's government loses confidence " . ` And that 's why it has to be clear . The chief says Greece has ` ` no alternative '' to austerity plans . Greece plans to raise taxes , cut pensions and sell off assets as part of a bailout . A Greek default likely would send shock waves across the Greek economy .
Greece : Papandreou 's government loses confidence " . The chief says Greece has ` ` no alternative '' to austerity plans . Greece plans to raise taxes , cut pensions and sell off assets as part of a bailout . A Greek default likely would send shock waves across the Greek economy .