Greeks protest after nation pledges 'significant cuts' to secure €12bn IMF bail-out

``Demonstrations led by the country's two most powerful unions broke out, after George Papandreou, the Greek prime minister, said the country would embark on extra asset sales and cut-backs totalling €78bn before 2015. He agreed to make "significant" cuts in public-sector employment and establish an agency to manage accelerated asset sales to get an immediate €12bn lifeline released.''