Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Majority of Greek lawmakers back austerity plan

Majority of Greek lawmakers back austerity plan (by William L. Watts)

FRANKFURT (MarketWatch) -- A majority of Greek lawmakers have voted in favor of a 78 billion euro package of additional austerity measures and asset sales. News reports said more than 150 lawmakers in the 300-seat chamber backed the plan as voting continued. The package has been deemed a prerequisite for the release of a 12 billion euro installment of aid from the European Union and International Monetary Fund seen as necessary to avoid a default. A further vote on legislation implementing the measures is scheduled for Thursday. If ultimately approved, it would clear the way for euro-zone finance ministers to agree to release the aid tranche at a July 3 meeting.

Messages In This Thread

Greece Headlines and the Euro *PIC*