Well, Greece passed some reforms in order to qualify for more loansfrom the EU and IMF.
ATHENS (Reuters) – Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros ($8.9 billion) of rescue loans from the European Union and the International Monetary Fund.
The law, which was a condition for further aid installments, passed easily with the solid backing of the three parties comprising Greece’s ruling coalition, by .
Wow, pretty controversial stuff! And what was it which was so contentious?
The legislation makes it easier to fire government employees for disciplinary reasons, extends an unpopular property tax and opens up professions such as accountants and bakers.
Greece is broke and needs the loans to keep its government running…..
Greece needs that money to pay wages, pensions and bonds held by the European Central Bank that mature on May 20.
Look at how…
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