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MONEY

Greece adopts more austerity measures in bailout bid

Greece’s parliament has approved a new package of austerity measures needed to release the next instalment of its multi-billion-dollar bailout.

The tax rises and further cuts to pensions were sought by Greece’s foreign creditors.

As MPs voted, anti-austerity protesters clashed with police in central Athens.

Eurozone finance ministers meet on Monday to decide if Greece has done enough to receive a €7.5bn (£6.4bn; $8.3bn) loan plus debt relief.

Speaking after the vote, Prime Minister Alexis Tsipras said Greece had met its commitments on reforms and now expected lenders to agree to debt relief.

Read more at BBC.co.uk

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