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Friday, July 10, 2015

Greece to submit cuts programme in bid for third bailout

The Greek parliament will sit on Friday, hopefully to endorse new suggestions on debt reduction. This is part of  Prime Minister Tsipras’ latest attempt to avert a banking collapse and a probable exit from the eurozone. A 'yes' vote is needed to authorise the Greek government to offer Europe a list of ‘prior actions’ that it will take before any more money can be thrown at the problem.


READ THE ORIGINAL POST AT algarvedailynews.com