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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, December 15, 2015

Greek parliament passes reforms in exchange for bailout funds

Greece's parliament approved a bill on Tuesday with reforms demanded by the country's international lenders in exchange for 1 billion euros ($1.10 billion) of bailout funds which Greece needs to pay off state arrears. Prime Minister Alexis Tsipras' leftist-led government agreed to enact a set of reforms, including changes in the public sector wage grid and opening up the market for banks to dispose of corporate non-performing loans, to qualify for the new funds. The coalition of Tsipras' leftist Syriza party and the right-wing nationalist Independent Greeks has a majority of just three lawmakers in the 300-seat parliament.


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