Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. February 12, 2012 Greek Parliament to Vote on Austerity Measures VOA News Protesters carry a banner which reads in Greek '' uprising '' during a protest in the northern port city of Thessaloniki, Greece, February 11, 2012. Photo: AP Protesters carry a banner which reads in Greek '' uprising '' during a protest against austerity measures in the northern port city of Thessaloniki, Greece, February 11, 2012. Greece's parliament is to vote Sunday on draft austerity measures demanded by the European Union in exchange for a new bailout loan. The Greek Cabinet approved a draft of the austerity bill late Friday. If passed, it will authorize Prime Minister Lucas Papademos to agree to additional cuts required to secure a $172-billion bailout loan and head off bankruptcy. Greek leaders are issuing new pleas - and warnings - ahead of Sunday's crucial vote. In a televised address on Saturday, Prime Minister Papademos defended the thousands of job cuts, a drop in the minimum wage and other austerity measures that would earn the country the second bailout loan. Socialist (Pasok) party leader George Papandreou and New Democracy Party leader Antonis Samaras echoed the prime minister and urged lawmakers to back the latest round of budget cuts, saying there is no other viable choice. Papandreou warned any failure to pass the austerity measures would lead to the country's doom. "We are talking about chaos, my dear colleagues. We are talking about the most dangerous and most painful consequences for the country and specifically for those that don't have any money," said Papandreou. "For the unemployed. For the middle and lower income classes.'' Samaras warned his party's members campaign-style politicking will not be tolerated. "I know that very well around you there are some ambitious politicians who are trying to impress with anti-bailout agreement -- rhetoric. Whoever does this should know that with this irresponsible attempt to act like they are more Catholic than the pope, they won't succeed in even being candidates (in the next election)," said Papandreou. Greece must pay back $19 billion in debts next month. Mr. Papademos told his Cabinet Friday that Greece will descend into "a disastrous adventure" if it is not able to repay its creditors. Despite the dire warnings, thousands of Greeks have taken to the streets, at times clashing with police, to protest the budget cuts. Several thousand protesters gathered outside the parliament building Saturday, calling on lawmakers to reject the EU's demands. One of them gave her name only as Maria. "We have come here because all this must stop. I think we can stop them (the politicians), we can overthrow them, so the bill won't pass," she said. "We don't want their loans or their money or their debt. We can't afford it. The people understand this. They're angry, so the politicians should be afraid." Another demonstrator accused the EU and the International Monetary Fund of trying to impoverish Greece on purpose. "They (the European Union and the International Monetary Fund) want to reduce our labor costs to the level of a third-world country, so they can buy everything cheaply." Protesters also turned out in the thousands in the Greek city of Thessaloniki. Transportation ground to a halt in Athens and around the country, as workers continued their strike for a second day. Some information for this report was provided by AP, AFP and Reuters. .