Greece presents last tweaks to austerity programme

Monday 19 November 2012 18.12
Finance ministers from Greece's euro partners are expected to decide whether to release a €31.5 billion loan installment tomorrow
Finance ministers from Greece's euro partners are expected to decide whether to release a €31.5 billion loan installment tomorrow

The Greek government has presented emergency legislation to tidy up the last loose ends in its austerity commitments to bailout creditors. 

This comes a day before it hopes to secure release of a vital rescue loan payment.

The two acts published today must be approved by Parliament within 40 days.

They cover spending cuts and reforms, from increasing state spending accountability to reducing the pensions of Parliament employees - a group of state employees that includes politicians' relatives.

On Tuesday, finance ministers from Greece's euro partners are expected to decide whether to release a €31.5 billion loan installment.

Earlier this month, the government passed a new massive austerity program demanded to qualify for the loan.

Finance Minister Yannis Stournaras says Athens has now met all necessary requirements.

Keywords: greece