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Friday, November 6, 2015

Greece approves reform bill, eyes bailout tranche

Greece's parliament approved early Friday a bill with reforms prescribed by the country's international lenders, ahead of a euro zone finance ministers meeting in three days which will decide if Athens qualifies for fresh bailout funds. Greece needs to legislate a series of reforms to pass the first review of a new bailout worth up to 86 billion euros (£61.45 billion) it signed up to earlier this year. It must also revamp its banking system by the end of the year to start talks on much-needed debt relief which Prime Minister Alexis Tsipras has made a priority.


READ THE ORIGINAL POST AT uk.news.yahoo.com