The Traderszone Network

Published in TZ Latest News 20 July, 2015 by The TZ Newswire Staff

Greece submits bill needed to start rescue talks

The Greek government submitted legislation to parliament on Tuesday required by its international lenders to start talks on a multi-billion euro rescue package. Prime Minister Alexis Tsipras has until Wednesday night to get those measures adopted in the assembly. It puts into Greek law new European Union rules on propping up failed banks, decreed after the 2008 financial crisis and aimed at shielding taxpayers from the risk of having to bail out troubled lenders.