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Greek Parallel Economic Bill Withdrawn

Greek Parallel Economic BillThe Greek government was forced by international lenders to withdraw theĀ  parallel economic program bill from parliament on Thursday, while the Euro Working Group was meeting on the completion of the 13 prerequisites for the approval of the 1 billion euro disbursement.
After difficult reforms the Greek government was forced to adopt in order to secure the country’s third bailout program, Prime Minister Alexis Tsipras had submitted a parallel package of social justice measures in order to stave off criticism from his lawmakers.
Government sources did not directly link the two events and talkedĀ  about technical legislative defects that were identified and should be corrected. The decision that was taken during a meeting held between the Deputy Prime Minister Yannis Dragasakis and Finance Minister Euclid Tsakalotos was that the bill should remain in parliament and after the appropriate additions are made it will be passed early in 2016.
However, reports from people who are close to the negotiations emphasized that there was discomfort from the lenders side about the submission of this bill and there were also questions from some of the technocrats of the Euro Working Group.

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