Greece Set for Austerity Vote to Secure Bailout Cash - News Summed Up

Greece Set for Austerity Vote to Secure Bailout Cash


The bill includes the last portion of an austerity package worth €5.4 billion ($6.06 billion), or 3% of the country’s gross domestic product, which Greece has agreed on with its international creditors... ATHENS—Greece’s parliament is expected to vote late Sunday on a raft of fresh taxes and austerity reforms that the country must legislate to unlock further rescue loans, ahead of a crucial eurozone finance ministers meeting on Tuesday.


Source: Wall Street Journal May 22, 2016 06:07 UTC



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