greece passes creditor debt deal
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Greece passes creditor debt deal

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Emiratesvoice, emirates voice Greece passes creditor debt deal

Athens - AFP

The Greek parliament approved Thursday a law on a historic 107-billion-euro debt writedown with private creditors, a key element in a new eurozone bailout designed to avoid default. The law sets rules and procedures for the debt restructuring and opens the way for parliament to now take up legislation on further austerity cuts and tough targets required to get another 130 billion euros in loans.

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