Greek Parliament Approves Economic Reforms For Bailout
The Greek parliament approved an omnibus bill on Friday cutting pensions, raising the retirement age, increasing punishment for tax evasion and liberalising the energy market ahead of the first review of the country's new bailout later this month, - The Economic Times reports.
Athens wants to conclude the review and recapitalise its banks quickly, to secure fresh aid and talks on debt relief. But it must first enact a long list of reforms detailed in the 86-billion-euro bailout plan.
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