The only way to avoid bankruptcy Greece's parliament to approve this week the austerity plan submitted by the Government because there is no plan B, insisted today the European Commission (EC). "I am confident that Greece's political leaders are fully aware of their responsibility to avoid bankruptcy," said Economic Affairs Commissioner Olli Rehn said in a statement.
The Greek Parliament on Monday began debate on the new austerity measures proposed by the Government, with uncertainty about whether they will be adopted following the defections in the ranks of the growing socialist and social pressure. It depends on the delivery of a fifth tranche of aid to 12,000 million euros to pay salaries and pensions in July.
The Greek Parliament on Monday began debate on the new austerity measures proposed by the Government, with uncertainty about whether they will be adopted following the defections in the ranks of the growing socialist and social pressure. It depends on the delivery of a fifth tranche of aid to 12,000 million euros to pay salaries and pensions in July.