Greek Parliament Approves New Austerity Measures

The Greek parliament late Thursday adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month, reported AFP.

The bill entails EUR 4.9 billion ($5.4 billion) in pension cuts and lower tax breaks in 2018-2021 and was passed by a majority of 153 lawmakers from the ruling coalition. A total of 128 voted against the measure.

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