Economic news

Greek Parliament adopts new austerity measures

Greece's parliament has approved new measures of austerity before a eurozone finance ministers meeting in Brussels on May 22.

The legislation was passed by all 153 deputies in Prime Minister Alexis Tsipras' ruling coalition.

Earlier, Greece and a group of international creditors reached a preliminary agreement on the allocation to Athens a 7.5 billion euro bailout tranche in order to support the national economy.

The third economic adjustment programme for Greece in the amount of €86 billion was agreed in mid-2015 and ends next year.



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