Greek Parliament Approves 2014 Budget


(MENAFN- Qatar News Agency) The Greek government survived a budget vote Saturday night, hours after international creditors said they would not resume comprehensive negotiations until January, further delaying a fresh tranche of aid for the country, the (DPA) news agency reported Sunday. After years of a shrinking Greek economy, the new budget is based on estimated growth next year of 0.6% Prime Minister Antonis Samaras called it a "historic day." The vote in parliament was 153-142, as the conservative-socialist ruling coalition survived to maintain its austerity policies The European Commission, European Central Bank and International Monetary Fund creditors said "technical discussions" were expected to continue next week in Athens "We expect a full negotiating team to return to Athens in January, after the authorities have made further progress in implementation," they said in a joint statement Greece needs the troika's approval to receive its next 1-billion-euro (1.37-billion-dollar) bailout tranche The troika has delayed several times the conclusion of its latest review into Greece's efforts to get its government finances and economy back on track, amid disagreements with authorities in Athens.  


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.