Greece Wins Two-Year Extension on Bailout (Reuters)

Parliament to vote on austerity measures next week, finance minister says.

By Treasury & By Risk & By | October 24, 2012 at 06:12 AM

The Greek finance minister said it has been given two more yearsto achieve the austerity targets it agreed to as part of itsbailout, Reuters reports. Yannis Stournaras also said thegovernment will put its austerity package in front of Parliamentnext week. The country is working to win its next aid installment,since it is projected to run out of cash in just three weeks.

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