A look at Greece's austerity measures

February 14, 2012 - 9:25 AM

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