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Greek parliament passes bill to unlock bailout funding

  • The Greek parliament on Friday passed a second critical bill containing prior actions required by international lenders to unlock fresh bailout funding to the debt-laden country in coming weeks. The draft bill included a new series of austerity measures such as an increase on the tax of diesel used by farmers for agricultural purposes, which evoked strong reactions. It was approved by a vote of 153-118 in the 300-member assembly. In mid-October, lawmakers approved the first similar multi-bill to pave the way for the release of three billion euros from the new third bailout programme by the end of the year. (Source: IANS)