Bloomberg News

Venizelos Says Austerity Bill Must Be Approved Before EU Summit

October 11, 2011

Oct. 11 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said a law on new pension and wage cuts and layoffs for state workers must be approved by Parliament before a summit of European Union leaders on Oct. 23.

“Voting through this law will shield the country,” Venizelos told lawmakers at the first discussion of the law at a committee hearing in Athens today. He said a final vote on the law would be held some time next week.

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus