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Tag Archives: budget 2015

Budget 2015 passed; Eurogroup to decide bailout extension

With 155 “Yes” coalition government partners Nea Dimokratia-PASOK and one independent MP voted in favor of another austerity budget for debt-ridden Greece. 134 opposition MPs and independent MPs voted “No”. One independent MP voted “Present”.  The voting took place in the presence of 290 lawmakers as ten lawmakers were absent. …

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Greece bows to Troika’s demands: Hikes in Value Added Tax to hit tourism

Greece’s resistance to Troika’s demand did not last long. Just a couple of days after the negotiations failure in Paris, the country’s lenders e-mailed the Greeks that they should definitely need to impose additional austerity measures and fill the hole of estimated 2.5 billion euro in the budget of 2015.  …

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