The Greek Parliament on Sunday approved the latest round of austerity measures necessary to secure European bailout funds. The measures, approved by 153 of parliament's 300 members, include raising sales tax and creating a...
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The Hellenic Parliament voted Monday to reform their tax and pension systems in order to ensure the economic turn around of the country. The controversial reforms were apart of the agenda of Prime...
Greece parliament approves reform bill to aid victims of austerity measures
The Greek Parliament approved a bill on Saturday which provides health insurance and municipality jobs to poor Greek citizens affected by the country's recent austerity measures. Last October, the Syriza-controlled government passed more...
Greek lawmakers approved a bill early Saturday morning containing new austerity measures and economic overhauls under its new bailout program. All but one of the 155 members of the leftist Syriza , which now runs the government under...
The Greek Parliament on Friday approved a three-year bailout package for about 85 billion Euros ($93 billion) just days before the country is due to repay debt to the European Central Bank. Without a bailout package, Greece...
Greece agreed to the main terms of a draft bill for a bailout on Tuesday that would provide about $95 billion to the country. There are many provisions in the bill some describe as...
A judge for the United States District Court for the Southern District of New York ruled on Friday that New York City's regulation of the banking industry through the Responsible Banking Act is...
IMF: Cyprus meeting targets, must continue financial reforms
The International Monetary Fund (IMF) and the European Union (EU) released a statement Monday indicating that Cyprus has made significant strides toward economic recovery, and must continue to make reforms in order to achieve full recovery....
Greece's parliament on Thursday passed a second set of economic reforms with an overwhelming 230-63 majority vote. Greece's creditors asked that the second set of economic overhauls be passed before they began negotiations for the aid...
The German parliament on Friday voted to move forward with negotiations for a Greek bailout. Urged by Chancellor Angela Merkel to support the bailout, 439 legislators voted in favor of the negotiations with 119 voting...