Sunday 22 May 2016

Greece to unveil fresh round of austerity to unlock bailout funds

Parliament voting on bill proposing taxation of luxury goods and sale of public property before crucial meeting of eurozone ministers next week

A fresh round of austerity – widely regarded as the most punitive yet – is set to be passed by the Greek parliament amid hopes the move will lead to much-needed debt relief when eurozone finance ministers meet next week.

Alexis Tsipras, the prime minister, was expected to muster the support of all 153 of his deputies on Sunday to vote through policies that many have previously rejected. Addressing the 300-seat house, Giorgos Dimaras, an MP in Tsipras’s Syriza party, said he was appalled at being forced to support measures he had spent a lifetime opposing. “I am in mourning,” he said, visibly emotional. “This is what can only be called wretchedness.”

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