Greek Parliament Backs New Bailout Bill
Greece’s parliament has approved budget plan for 2015-18 as part of the country’s international bailout commitments. The plan envisions Greece’s recession ending this year but a slow decline in unemployment. Lawmakers voted 150-119 Friday in favor of the plan, which forecast a steady increase in growth, from 0.6 percent this year to 2.9 percent in 2015. The left-wing opposition leader Alexis Tsipras argued the bill was intended to extend austerity beyond the government’s term in office.
“Greek Parliament Backs New Bailout Bill” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.