Greece passes fast-track reform package to unlock bailout cash

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Greece passes fast-track reform package to...
 © In-Cyprus 2018

Greece ‘s parliament on Thursday passed a fast-track reform package to unlock bailout funds and wrap up a fourth and final review of its loan programme as it seeks more debt relief from its official creditors next week.

Greece  is due to exit its latest bailout programme in August and will then have to rely on financial markets to cover its borrowing needs.

The country has a debt-to-GDP ratio of 179.8 percent, the highest in the 19-nation euro zone.

Athens is keen to pass the final review of the country’s compliance with reforms prescribed in its...


This article was automatically added to our system 15-6-2018

Greece passes fast-track reform package to unlock bailout cash


The contents of this article including any associated images are © In-Cyprus 2018
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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Article Tags: greece, passes, track, reform, package, unlock, bailout,

 

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