The Traderszone Network

Published in TZ Latest News 10 July, 2015 by The TZ Newswire Staff

Greek PM wins backing for concessions; EU, IMF give positive signals

Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but he faced a rebellion in his own party that could threaten his majority in parliament. The measures, which received an initial nod from European Union and International Monetary Fund officials before a meeting of euro zone finance ministers on Saturday, were passed with the support of pro-European opposition parties.

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