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Thursday, May 5, 2016

Greek parliament to vote on tax, pension reforms before Eurogroup meeting

[A Greek national flag flutters atop the parliament building in Athens]By Renee Maltezou ATHENS (Reuters) - Greek lawmakers are expected on Sunday to vote on a raft of unpopular tax and pension reforms that Greece hopes will help it convince creditors to approve the release of badly-needed bailout cash. Parliament is due to vote on the bill before euro zone finance ministers meet on Monday to try to unblock the review which has stalled mainly due to a rift among its international creditors on Greece's fiscal progress. A parliamentary committee was on Thursday reviewing provisions of the bill which aims to boost tax revenues and slash pension spending from its current level of 17 percent of GDP annually.


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