Greece: ok to reforms of taxes and pensions, today the Eurogroup on debt cut

The greek parliament approved yesterday in the evening further austerity measures to release the second tranche of the third floor of international aid to 86 billion euro before extraordinary Eurogroup today.

The green light applies in particular to the stabilization (and resulting savings) of the pension system and an increase in taxes for a total 3.6 billion euro, measures that are part of a wider package of 5.4 billion Euros agreed with the ' EU and the international Monetary Fund (IMF).

In a speech before the parliamentary vote of the night between Sunday and Monday, the greek Prime Minister Tsipras has in defending the new measures to the vote, stressing that the reform on pensions leave most of the major pensions unchanged.