SUBSCRIBERS

Greece adopts reforms ahead of Eurogroup talks

Doing so should unlock next tranche of 86 billion euro bailout - the third for the country since 2010

Published Mon, May 9, 2016 · 09:50 PM

Athens

GREEK lawmakers adopted a controversial package of pension cuts and tax hikes as eurozone finance ministers met for an emergency meeting on Monday to hammer out fresh reforms for Athens to stave off another eurozone crisis.

The ministers are expected to complete a long-stalled first review of Greece's massive EU-IMF bailout and discuss new debt relief measures at the crunch meeting in Brussels, which follows mass public opposition to the newly adopted measures in the cash-strapped country.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here