Friday, June 9, 2017

Greek parliament approves more reforms, paves way to unlock €7bn of aid

by Kerin Hope

Financial Times

June 9, 2017

Greece’s parliament has approved a handful of extra reforms demanded by creditors in order to unlock more than €7bn of aid and complete a much delayed second review of the country’s €86bn current bailout programme.
While the leftwing Syriza government pushed a package of 120 fiscal and structural reforms through parliament last month, another 20 measures still had to be implemented either through legislation or administrative decrees.

The five amendments voted on Friday included several measures delayed because of opposition from Syriza politicians.

Greece hopes to receive approval for the aid payment at a meeting of eurozone finance ministers on June 15. The review was due to be completed last November but dragged on amid disagreements over pension and tax reforms.


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