Ar Ar Aryaman

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Greek government offers sweeping proposal in exchange for $59 billion bailout

Greece finally met a deadline that counted on Thursday and made a series of sweeping proposals that its creditors needed by midnight to set off a mad …

Greek PM Tsipras seeks party backing after abrupt concessions

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras appealed to his party’s lawmakers on Friday to back a tough reform package after abruptly offering last-minute concessions to try to save the country from financial meltdown.<p>With creditor institutions due to deliver an initial verdict on …

Europe

Greece: Strikes, rallies, clashes at anti-austerity protests

ATHENS, Greece (AP) -- Police fired tear gas in brief clashes with protesters and strikes halted ferries and disrupted public transport Friday, as unions stepped up protests against a new austerity bill that will limit the right to strike and speed up property foreclosures.<p>More than 8,000 …

Greece proposes tax hikes, spending cuts, pension reforms

BRUSSELS (AP) — Greece has submitted a 13-page set of proposals to its European creditors that is intended to act as a foundation to free up a new three-year, 53.5-billion euro bailout package to save the nation from bankruptcy. Here are the main points of the package that the Greek parliament will …

Europe