Greece set to pass fresh austerity measures

Τhe Greek parliament passed an unpopular new property tax on the 27 September 2011 in an attempt to satisfy international lenders and pave the way for the next bail-out tranche, despite the objection of a number of deputies in the ruling socialist Pasok party.

However other parts of the legislative package in Greece would be delayed for a period the government announced.

ESO: Background information: Greece unveils further austerity measures http://www.europeansources.info/record/greece-unveils-further-austerity-measures/

ESO: Background information: Greece minister triggers default fears http://www.europeansources.info/record/greece-minister-triggers-default-fears/

Kathimerini, 27.9.11: More austerity on the way, says FinMin http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_3_27/09/2011_408219

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