Greek parliament approves reforms in exchange for aid, debt relief
ATHENS - Greek lawmakers approved tax increases and a new privatisation fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief.
Athens hopes the measures, two days before a key euro zone finance ministers meeting, will help it unlock the funds it needs to pay IMF loans, ECB bonds maturing in July and increasing state arrears.
"Greeks have already paid a lot, but this is probably the first time that the possibility of these sacrifices being the last is so evident," Prime Minister Alexis Tsipras told lawmakers before a vote in parliament.
