Wasif Chudhary
ATHENS, Greece (AP) -- Prime Minister Lucas Papademos is on his way to Brussels a day ahead of a crucial Eurozone finance ministers' meeting that will discuss a euro130 billion ($170-billion) bailout for Greece.
Papademos had not been expected to attend the summit. His office told The Associated Press they were not aware of any scheduled meetings Sunday and that they will share his Monday schedule later.
Papademos' government is expected Monday to introduce in Parliament two pieces of emergency legislation seen as crucial in convincing Greece's creditors of the government's willingness to see reforms through quickly.
The legislation, which includes wage and pension cuts and a supplement to the 2012 budget making euro3.2 billion in cuts, is expected to be debated in committee Tuesday and submitted to a vote Wednesday.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.
ATHENS, Greece (AP) - The Greek parliament is set to vote on emergency austerity measures next week necessary for a euro130-billion ($170- billion) bailout deal with the EU and IMF to avoid default.
The legislation - a package of wage and pension cuts and on health sector reforms - was approved in a marathon Cabinet meeting that began Saturday afternoon and dragged into early Sunday. It must still be approved by Parliament.
Prime Minister Lucas Papademos says the measures will be permanent.
He says it is necessary to introduce them on Monday to convince the Eurogroup finance ministers convening the same day that Greece is determined to move along with reforms. The measures must be implemented over the next three weeks.
A small group of union members protested outside Parliament on Sunday without incident.
© 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.
Popular Posts
-
Wasif Chudhary Whole lotta leg: Angelina Jolie flashes more than a peek of her pin as she walks the red carpet at the 84th Academy awards...
-
Wasif Chudhary A female Spanish teacher at Roosevelt High School has been arrested in connection with having a sexual relationship with...
-
Wasif Chudhary When some terrorist groups of Afghanistan were creating intimidation and violence in Swat Vally of Pakistan and when ther...
-
Wasif Chudhary Did you hear? The celebrity real estate world recently buzzed with the rumor that Justin Bieber had bought himself a $1...
-
Wasif Chudhary Gujrat is a beautiful and Industrial city of Pakistan. Gujrat is very historical city. People living in Gujrat refer ...
-
Wasif Chudhary Statement from family of deceased student Daniel Parmentor: 'We are shocked by this senseless tragedy. Danny was a brigh...
-
Wasif Chuddhary With the passing of Hugo Chavez, it is important to understand the place of Chavez in the political history of Venezuela ...
-
Wasif Chudhary Both giant pandas have been unloaded at Edinburgh Airport and will now make their way to their new enclosure inside Edinb...
-
Wasif Chudhary Hello to all of you. We have almost seen the flags of all the countries of the World, they all have beautiful flags of diff...
-
Pop star and actress Jennifer Lopez and singer Marc Anthony are divorcing after seven years of marriage, the couple have announced. ...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment