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Director / Editor: Victor Teboul, Ph.D.
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Greece Passes Bailout Bill but Government Majority Shrinks

Greece approved a reform bill on Thursday to secure further bailout funds from its international lenders but Prime Minister Alexis Tsipras' parliamentary majority shrank to just three seats after two dissenting lawmakers were expelled. The bill, outlining regulation on tax arrears and home foreclosures, paves the way for the disbursement of 2 billion euros ($2.15 billion) to pay state arrears and a further 10 billion euro to recapitalize Greece's top four banks. The reforms...


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