Search Results for: austerity

The Greek Parliament approved new legislation Tuesday cutting pensions and increasing the rate of privatization. The measures were taken in order to satiate creditors and receive aid under the country's third bail-out procedure. Included in the deal...

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The Greek Parliament on Sunday approved the latest round of austerity measures necessary to secure European bailout funds. The measures, approved by 153 of parliament's 300 members, include raising sales tax and creating a...

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Greek lawmakers approved a bill early Saturday morning containing new austerity measures and economic overhauls under its new bailout program. All but one of the 155 members of the leftist Syriza , which now runs the government under...

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The Greek Parliament on Friday approved a three-year bailout package for about 85 billion Euros ($93 billion) just days before the country is due to repay debt to the European Central Bank. Without a bailout package, Greece...

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Protesters in Greece gathered in the tens of thousands on Friday, holding rival rallies that drew attention to the split within the country as Sunday's referendum approaches. The referendum, which regards whether or not to accept the bailout terms...

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