Greek PM Samaras Clears the Latest Hurdle for Aid Payments

Greek lawmakers passed a bill including plans to fire 15,000 workers by the end of next year as the government of Prime Minister Antonis Samaras cleared the latest hurdle to receiving international aid payments.

A total of 168 lawmakers voted in favor of the law, 123 against and one cast a “present” vote, Parliament Speaker Yannis Tragakis said in remarks carried live on state-run Vouli TV after a roll-call vote.

Greece’s government and international creditors reached an agreement on conditions to receive more aid, including firing state workers and extending a property tax paid through electricity bills for another year, on April 15, paving the way for the disbursement of the 2.8 billion euros ($3.7 billion) remaining from a previous review. Final approval for the payment of the tranche by the euro area is due today, according to Finance Minister Yannis Stournaras.


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