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Friday 28.07.2017 | Name days: Cecīlija, Cilda

Greece passes further austerity measures to receive next bailout payment

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Greek Prime Minister Alexis Tsipras

The parliament of Greece has adopted a further set of austerity measures, which are necessary to ensure the next bailout instalment worth several billion euros.

BBC reports that the tax rises and further cuts to pensions were sought by Greece’s foreign creditors, before Eurozone finance ministers meet on Monday, May 22, to decide if Greece has done enough to receive a 7.5-billion-euro loan and debt relief.

Addressing reporters after the vote on Thursday, May 18, the country’s Prime Minister Alexis Tsipras evaluated that Greece had met its commitments on reforms and now expected lenders to agree to debt relief: «It’s their [the lenders’] turn to fulfil their commitments, just like we did».

During the vote around 10,000 people took part in protests outside the parliament, with a small group breaking away to confront police and youths threw petrol bombs at police that reacted with tear gas.

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