Greek parliament approves more austerity to unlock bailout funds, debt relief

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Greek parliament approves more austerity to...
 © BusinessMail 2017
By Renee Maltezou and Lefteris Papadimas

Greek lawmakers approved pension cuts and tax hikes on Thursday sought by the country’s lenders to unlock vital financial aid, as angry demonstrators protested outside parliament over new austerity, the latest since the country plunged into crisis seven years ago.

The leftist-led government hopes that legislating the measures, four days before euro zone finance ministers meet in Brussels, will convince its lenders to release a 7.5 billion euro bailout tranche and grant it further debt relief.

It is now up to the lenders to make good their...


Greek parliament approves more austerity to unlock bailout funds, debt relief


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