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Greek parliament approves more austerity measures

May 19, 2017, 7:24 AM EDT
Greece’s Prime Minister Alexis Tsipras said he expects Eurozone to respond to the sacrifices of his people.
(Source: matthew_tsimitak/flickr)

Greece’s parliament has approved a new package of austerity measures in order to unlock the next installment of financial aid from global lenders. The move comes ahead of a meeting on Monday where Eurozone finance ministers will weigh if Greece has met its obligations to receive a €7.5bn loan plus debt relief.

Greece’s Prime Minister Alexis Tsipras said he expects Eurozone to respond to the sacrifices of his people, writes the BBC.

The country’s economic health is still in bad shape, with the latest figures showing that Greece slipped back into recession for the first time since 2012, notes The Guardian.

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