×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: EU | Greece | Bailout

Greek Lawmakers to Vote on More Austerity over Weekend

Tuesday, 17 May 2016 09:54 AM EDT

ATHENS, Greece (AP) — Greece's government says its latest austerity measures bill will be submitted to Parliament by Wednesday at the latest, which would see lawmakers vote on the legislation by Sunday — before a meeting of eurozone finance ministers who will discuss whether to release more bailout funds for the debt-ridden country.

Government spokeswoman Olga Gerovassili said Tuesday that the bill with reforms and tax increases, pending the successful completion of a review by Greece's lenders of its progress on bailout reforms, will be voted on by the end of the week.

The new bill is expected to include a raft of tax hikes, including raising consumer tax from 23 percent to 24 percent, increasing taxes on fuel, hotel stays, alcohol and tobacco as well as liberalizing the sale of non-performing loans.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Greece's government says its latest austerity measures bill will be submitted to Parliament by Wednesday at the latest, which would see lawmakers vote on the legislation by Sunday - before a meeting of eurozone finance ministers who will discuss whether to release more...
EU,Greece,Bailout
131
2016-54-17
Tuesday, 17 May 2016 09:54 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved