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Greek parliament approves austere budget for 2016

By Karolina Tagaris ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing…

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Greek parliament approves austere budget for 2016

alexis-tsipras

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 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 …

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Greece approves reform bill, eyes bailout tranche