Greece to adopt more cuts and tax hikes for bailout cash

Athens

GREECE on Sunday was set to adopt fresh cuts and tax hikes ahead of a Eurogroup meeting that is expected to unlock desperately-needed bailout funds for the debt-ridden nation.

After waves of protests over a string of unpopular reforms, lawmakers from the ruling leftist party are to approve late on Sunday night a bill of over 7,000 pages that raises the sales tax cap and introduces a mechanism to further slash spending in case of budget overruns.