Multi-Bill Endorsed by Greek Parliament

The Greek Parliament endorsed an omnibus bill late on Sunday night that includes the dismissal of 15,000 lay-offs in the public sector by the end of 2014. Out of a total of 292 deputies who voted, the bill was easily passed with 168 votes in favor and 123 against.

The new bill also contains a series of measures and prior actions, that have already been agreed with the troika, in view of the disbursement of the next loan tranche.

Such measures include the number of installments available to debtors for tax and social security outstanding debts and the extension of the extraordinary property levy for one more year but reduced by 15%.