December 16, 2016

Greek Parliament approves pension handout law

European creditors accuse the struggling Eurozone member of defiance. In a joint statement, the creditors said the law raised significant concerns on both process and substance regarding the Greece’s bailout obligations.

Greek Prime Minister Alexis Tsipras accused the creditors of blackmailing the country and disrespecting Greece’s sovereignty. Meanwhile, Greek pensioners staged a rally in Athens slamming the new law. The protesters called the pension handout a mockery in order to beguile the Greeks.


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