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Added on the 06/10/2015 15:42:17 - Copyright : Reuters EN
Greek lawmakers pass a package of unpopular pension and tax reforms that the country's leftist-led government hopes will persuade official creditors to unlock bailout cash. As Ivor Bennett reports, euro zone finance ministers must now decide whether to release the next tranche of bailout aid.
Greece's Finance Minister Euclid Tsakalotos says the country wants a deal on debt relief with its euro zone creditors in the beginning of 2016 to remove once for all financial uncertainty and the 'Grexit 'dragon' and spur economic recovery. As Ivor Bennett reports, his pleas comes as Greek workers stage a second major strike over pension cuts in less than a month.
European shares edged lower ahead of fresh talks between Greece and its creditors. As Ivor Bennett reports, a standoff over debt relief is fuelling market scepticism that a deal can be reached by the end of the month.
European shares edged lower ahead of fresh talks between Greece and its creditors. As Ivor Bennett reports, a standoff over debt relief is fuelling market scepticism that a deal can be reached by the end of the month.
President Joe Biden will still leave Wednesday for the G7 summit in Japan but is reevaluating the rest of his planned tour of Asia, spokesperson for the White House National Security Council John Kirby tells reporters, as the White House negotiates with Republican leaders to avoid a US debt default. Until now the president had planned to also visit Papua New Guinea and Australia after the G7 meeting in Hiroshima. SOUNDBITE
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